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THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 401k Plan overview

Plan NameTHE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN
Plan identification number 002

THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT 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.
  • 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.

401k Sponsoring company profile

THE LAW OFFICES OF NEIL CRANE, LLC has sponsored the creation of one or more 401k plans.

Company Name:THE LAW OFFICES OF NEIL CRANE, LLC
Employer identification number (EIN):061463165
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01

Plan Statistics for THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN

401k plan membership statisitcs for THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN

Measure Date Value
2022: THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-12-311,457,827
Acturial value of plan assets2022-12-311,457,827
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-310
Fundng target for terminated vested participants2022-12-310
Active participant vested funding target2022-12-311,814,181
Number of active participants2022-12-3110
Total funding liabilities for active participants2022-12-311,814,181
Total participant count2022-12-3110
Total funding target for all participants2022-12-311,814,181
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3125,049
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-3125,043
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-316
Present value of excess contributions2022-12-3137,767
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3142,982
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-3142,982
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-3136,505
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-316,482
Total employer contributions2022-12-31224,318
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31223,606
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31133,870
Net shortfall amortization installment of oustanding balance2022-12-31356,354
Total funding amount beforereflecting carryover/prefunding balances2022-12-31166,801
Additional cash requirement2022-12-31166,801
Contributions allocatedtoward minimum required contributions for current year2022-12-31223,606
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-311,646,786
Acturial value of plan assets2021-12-311,646,786
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-311,499,831
Number of active participants2021-12-3110
Total funding liabilities for active participants2021-12-311,499,831
Total participant count2021-12-3110
Total funding target for all participants2021-12-311,499,831
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31169
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-317
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31162
Present value of excess contributions2021-12-3123,707
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3124,857
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3124,857
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3125,049
Total employer contributions2021-12-31195,654
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31190,840
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31300,028
Net shortfall amortization installment of oustanding balance2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31178,116
Prefunding balance elected to use to offset funding requirement2021-12-3125,043
Additional cash requirement2021-12-31153,073
Contributions allocatedtoward minimum required contributions for current year2021-12-31190,840
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-311,171,942
Acturial value of plan assets2020-12-311,171,942
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-311,092,731
Number of active participants2020-12-3112
Total funding liabilities for active participants2020-12-311,092,731
Total participant count2020-12-3112
Total funding target for all participants2020-12-311,092,731
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3135
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3135
Present value of excess contributions2020-12-31124
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31130
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31130
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31169
Total employer contributions2020-12-31219,445
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31217,848
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31273,183
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31194,141
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-317
Additional cash requirement2020-12-31194,134
Contributions allocatedtoward minimum required contributions for current year2020-12-31217,848
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-31777,421
Acturial value of plan assets2019-12-31777,421
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-31772,847
Number of active participants2019-12-3110
Total funding liabilities for active participants2019-12-31772,847
Total participant count2019-12-3110
Total funding target for all participants2019-12-31772,847
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-3133
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3135
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-3135
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-3135
Total employer contributions2019-12-31272,405
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31253,201
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31257,616
Total funding amount beforereflecting carryover/prefunding balances2019-12-31253,077
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31253,077
Contributions allocatedtoward minimum required contributions for current year2019-12-31253,201
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-31384,745
Acturial value of plan assets2018-12-31384,745
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31483,604
Number of active participants2018-12-3110
Total funding liabilities for active participants2018-12-31483,604
Total participant count2018-12-3110
Total funding target for all participants2018-12-31483,604
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3115,882
Prefunding balanced used to offset prior years funding requirement2018-12-312,203
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3113,679
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-3113,118
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31268,186
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 date2018-12-31259,764
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 cost2018-12-31243,592
Net shortfall amortization installment of oustanding balance2018-12-3198,859
Total funding amount beforereflecting carryover/prefunding balances2018-12-31259,731
Additional cash requirement2018-12-31259,731
Contributions allocatedtoward minimum required contributions for current year2018-12-31259,764
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-31235,291
Acturial value of plan assets2017-12-31235,291
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-31218,600
Number of active participants2017-12-319
Total funding liabilities for active participants2017-12-31218,600
Total participant count2017-12-319
Total funding target for all participants2017-12-31218,600
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 contributions2017-12-3136,028
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3137,862
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3137,862
Reductions in prefunding balances due to elections or deemed elections2017-12-3121,980
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-3115,882
Total employer contributions2017-12-31219,570
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 date2017-12-31216,398
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 cost2017-12-31218,601
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31218,601
Prefunding balance elected to use to offset funding requirement2017-12-312,203
Additional cash requirement2017-12-31216,398
Contributions allocatedtoward minimum required contributions for current year2017-12-31216,398
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: THE LAW OFFICES OF NEIL CRANE LLC DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-310
Acturial value of plan assets2016-12-310
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-310
Number of active participants2016-12-319
Total funding liabilities for active participants2016-12-310
Total participant count2016-12-319
Total funding target for all participants2016-12-310
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 contributions2016-12-31235,315
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 date2016-12-31228,210
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 cost2016-12-31192,182
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31192,182
Additional cash requirement2016-12-31192,182
Contributions allocatedtoward minimum required contributions for current year2016-12-31228,210
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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