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JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN 401k Plan overview

Plan NameJOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN
Plan identification number 001

JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

JOHN S. LANE & SON, INC. has sponsored the creation of one or more 401k plans.

Company Name:JOHN S. LANE & SON, INC.
Employer identification number (EIN):060421270
NAIC Classification:212390
NAIC Description: Other Nonmetallic Mineral Mining and Quarrying

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01
0012017-01-01
0012016-01-01MARK CONNOR2017-10-11
0012015-01-01MARK CONNOR2016-10-06
0012014-01-01MARK CONNOR2015-10-05
0012013-01-01MARK CONNOR2014-09-26
0012012-01-01MARK CONNOR2013-09-20
0012011-01-01MARK CONNOR2012-10-04
0012010-01-01MARK CONNOR2011-09-27 MARK CONNOR2011-09-27

Plan Statistics for JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN

401k plan membership statisitcs for JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN

Measure Date Value
2019: JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN 2019 401k membership
Market value of plan assets2019-08-313,061,490
Acturial value of plan assets2019-08-313,061,490
Funding target for retired participants and beneficiaries receiving payment2019-08-311,157,904
Number of terminated vested participants2019-08-312
Fundng target for terminated vested participants2019-08-31302,306
Active participant vested funding target2019-08-311,420,484
Number of active participants2019-08-3112
Total funding liabilities for active participants2019-08-311,420,484
Total participant count2019-08-3116
Total funding target for all participants2019-08-312,880,694
Balance at beginning of prior year after applicable adjustments2019-08-310
Prefunding balance at beginning of prior year after applicable adjustments2019-08-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-08-310
Prefunding balanced used to offset prior years funding requirement2019-08-310
Amount remaining of carryover balance2019-08-310
Amount remaining of prefunding balance2019-08-310
Present value of excess contributions2019-08-31131,342
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-08-31131,342
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-08-310
Reductions in caryover balances due to elections or deemed elections2019-08-310
Reductions in prefunding balances due to elections or deemed elections2019-08-310
Balance of carryovers at beginning of current year2019-08-310
Balance of prefunding at beginning of current year2019-08-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-08-310
Contributions made to avoid restrictions adjusted to valuation date2019-08-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-08-310
Unpaid minimum required contributions for all prior years2019-08-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-08-310
Remaining amount of unpaid minimum required contributions2019-08-310
Minimum required contributions for current year target normal cost2019-08-310
Net shortfall amortization installment of oustanding balance2019-08-310
Waiver amortization installment2019-08-310
Total funding amount beforereflecting carryover/prefunding balances2019-08-310
Additional cash requirement2019-08-310
Contributions allocatedtoward minimum required contributions for current year2019-08-310
Unpaid minimum required contributions for current year2019-08-310
Unpaid minimum required contributions for all years2019-08-310
2018: JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN 2018 401k membership
Market value of plan assets2018-12-313,092,846
Acturial value of plan assets2018-12-313,092,846
Funding target for retired participants and beneficiaries receiving payment2018-12-31897,177
Number of terminated vested participants2018-12-311
Fundng target for terminated vested participants2018-12-31265,955
Active participant vested funding target2018-12-311,671,640
Number of active participants2018-12-3113
Total funding liabilities for active participants2018-12-311,671,640
Total participant count2018-12-3116
Total funding target for all participants2018-12-312,834,772
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-31427,164
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31450,701
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31142,346
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31131,342
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-31131,342
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN 2017 401k membership
Market value of plan assets2017-12-312,327,547
Acturial value of plan assets2017-12-312,327,547
Funding target for retired participants and beneficiaries receiving payment2017-12-31875,087
Number of terminated vested participants2017-12-311
Fundng target for terminated vested participants2017-12-31237,487
Active participant vested funding target2017-12-311,390,160
Number of active participants2017-12-3119
Total funding liabilities for active participants2017-12-311,390,160
Total participant count2017-12-3122
Total funding target for all participants2017-12-312,502,734
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3159,702
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3163,201
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31491,697
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31453,121
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-310
Net shortfall amortization installment of oustanding balance2017-12-31175,187
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3132,435
Additional cash requirement2017-12-3132,435
Contributions allocatedtoward minimum required contributions for current year2017-12-31453,121
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: JOHN S. LANE & SON, INCORPORATED PENSION TRUST PLAN 2016 401k membership
Market value of plan assets2016-12-312,195,246
Acturial value of plan assets2016-12-312,195,246
Funding target for retired participants and beneficiaries receiving payment2016-12-31884,289
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-31242,595
Active participant vested funding target2016-12-311,257,059
Number of active participants2016-12-3119
Total funding liabilities for active participants2016-12-311,257,059
Total participant count2016-12-3122
Total funding target for all participants2016-12-312,383,943
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-3190,601
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3196,082
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31100,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3190,879
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-31188,697
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3131,177
Additional cash requirement2016-12-3131,177
Contributions allocatedtoward minimum required contributions for current year2016-12-3190,879
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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