401k Plan data: RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. plan

RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 401k Plan overview

Plan Name	RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC.
Plan identification number	003

RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
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

NEW YORK CITY BALLET, INC. has sponsored the creation of one or more 401k plans.

Company Name: NEW YORK CITY BALLET, INC.

Employer identification number (EIN): 132947386

NAIC Classification: 711100
NAIC Description: Performing Arts Companies

Additional information about NEW YORK CITY BALLET, INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1978-01-03

Company Identification Number: 463873

Legal Registered Office Address: NY STATE THEATER
LINCOLN CENTER
NEW YORK
United States of America (USA)
10023

More information about NEW YORK CITY BALLET, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2017-01-01 FARANG AZARI
003 2016-01-01 FARANG AZARI FARANG AZARI 2017-10-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2017-01-01	FARANG AZARI
003	2016-01-01	FARANG AZARI		FARANG AZARI	2017-10-13

Plan Statistics for RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC.

401k plan membership statisitcs for RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC.

Measure Date Value
2017: RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2017 401k membership
Market value of plan assets 2017-12-31 4,339,071
Acturial value of plan assets 2017-12-31 4,480,434
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 1,732,421
Number of terminated vested participants 2017-12-31 30
Fundng target for terminated vested participants 2017-12-31 1,530,235
Active participant vested funding target 2017-12-31 1,268,637
Number of active participants 2017-12-31 22
Total funding liabilities for active participants 2017-12-31 1,268,637
Total participant count 2017-12-31 73
Total funding target for all participants 2017-12-31 4,531,293
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 213,276
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 96,270
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 117,006
Present value of excess contributions 2017-12-31 62,175
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 65,296
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 65,296
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 188,176
Total employer contributions 2017-12-31 0
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 0
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 13,000
Net shortfall amortization installment of oustanding balance 2017-12-31 239,035
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 67,848
Prefunding balance elected to use to offset funding requirement 2017-12-31 74,135
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
Total participants, beginning-of-year 2017-01-01 73
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 0
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2016 401k membership
Market value of plan assets 2016-12-31 4,217,745
Acturial value of plan assets 2016-12-31 4,443,294
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 1,645,153
Number of terminated vested participants 2016-12-31 31
Fundng target for terminated vested participants 2016-12-31 1,426,076
Active participant vested funding target 2016-12-31 1,423,713
Number of active participants 2016-12-31 25
Total funding liabilities for active participants 2016-12-31 1,423,713
Total participant count 2016-12-31 75
Total funding target for all participants 2016-12-31 4,494,942
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 179,417
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 100,004
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 79,413
Present value of excess contributions 2016-12-31 133,211
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 134,506
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 134,506
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 213,276
Total employer contributions 2016-12-31 96,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 88,780
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 10,000
Net shortfall amortization installment of oustanding balance 2016-12-31 264,924
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 122,875
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 96,270
Additional cash requirement 2016-12-31 26,605
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 88,780
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
Total participants, beginning-of-year 2016-01-01 75
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 21
Number of retired or separated participants receiving benefits 2016-01-01 19
Number of other retired or separated participants entitled to future benefits 2016-01-01 31
Total of all active and inactive participants 2016-01-01 71
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 2
Total participants 2016-01-01 73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2017: RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2017 401k membership
Market value of plan assets	2017-12-31	4,339,071
Acturial value of plan assets	2017-12-31	4,480,434
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	1,732,421
Number of terminated vested participants	2017-12-31	30
Fundng target for terminated vested participants	2017-12-31	1,530,235
Active participant vested funding target	2017-12-31	1,268,637
Number of active participants	2017-12-31	22
Total funding liabilities for active participants	2017-12-31	1,268,637
Total participant count	2017-12-31	73
Total funding target for all participants	2017-12-31	4,531,293
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	213,276
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	96,270
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	117,006
Present value of excess contributions	2017-12-31	62,175
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	65,296
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	65,296
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	188,176
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	0
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	13,000
Net shortfall amortization installment of oustanding balance	2017-12-31	239,035
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	67,848
Prefunding balance elected to use to offset funding requirement	2017-12-31	74,135
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
Total participants, beginning-of-year	2017-01-01	73
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	0
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2016 401k membership
Market value of plan assets	2016-12-31	4,217,745
Acturial value of plan assets	2016-12-31	4,443,294
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	1,645,153
Number of terminated vested participants	2016-12-31	31
Fundng target for terminated vested participants	2016-12-31	1,426,076
Active participant vested funding target	2016-12-31	1,423,713
Number of active participants	2016-12-31	25
Total funding liabilities for active participants	2016-12-31	1,423,713
Total participant count	2016-12-31	75
Total funding target for all participants	2016-12-31	4,494,942
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	179,417
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	100,004
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	79,413
Present value of excess contributions	2016-12-31	133,211
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	134,506
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	134,506
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	213,276
Total employer contributions	2016-12-31	96,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	88,780
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	10,000
Net shortfall amortization installment of oustanding balance	2016-12-31	264,924
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	122,875
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	96,270
Additional cash requirement	2016-12-31	26,605
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	88,780
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
Total participants, beginning-of-year	2016-01-01	75
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	21
Number of retired or separated participants receiving benefits	2016-01-01	19
Number of other retired or separated participants entitled to future benefits	2016-01-01	31
Total of all active and inactive participants	2016-01-01	71
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	2
Total participants	2016-01-01	73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC.

Measure	Date	Value
2017 : RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2017 401k financial data
Transfers to/from the plan	2017-12-31	$-3,765,556
Total income from all sources	2017-12-31	$-381,453
Expenses. Total of all expenses incurred	2017-12-31	$193,845
Benefits paid (including direct rollovers)	2017-12-31	$182,243
Total plan assets at end of year	2017-12-31	$0
Total plan assets at beginning of year	2017-12-31	$4,340,854
Value of fidelity bond covering the plan	2017-12-31	$300,000
Other income received	2017-12-31	$-381,453
Net income (gross income less expenses)	2017-12-31	$-575,298
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$4,340,854
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$11,602
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2016 401k financial data
Total income from all sources	2016-12-31	$300,626
Expenses. Total of all expenses incurred	2016-12-31	$180,853
Benefits paid (including direct rollovers)	2016-12-31	$167,470
Total plan assets at end of year	2016-12-31	$4,340,854
Total plan assets at beginning of year	2016-12-31	$4,221,081
Value of fidelity bond covering the plan	2016-12-31	$300,000
Other income received	2016-12-31	$204,626
Net income (gross income less expenses)	2016-12-31	$119,773
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$4,340,854
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$4,221,081
Total contributions received or receivable from employer(s)	2016-12-31	$96,000
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$13,383
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0

Form 5500 Responses for RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC.

2017: RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	Yes
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: RETIREMENT PLAN FOR SALARIED EMPLOYEES OF CITY CENTER OF MUSIC & DRAMA, INC. 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	NEW YORK CITY BALLET, INC.
Employer identification number (EIN):	132947386
NAIC Classification:	711100
NAIC Description:	Performing Arts Companies

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1978-01-03
Company Identification Number:	463873
Legal Registered Office Address:	NY STATE THEATER LINCOLN CENTER NEW YORK United States of America (USA) 10023