401k Plan data: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. plan

RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 401k Plan overview

Plan Name	RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC.
Plan identification number	002

RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SOUTHERN STAR SHIPPING CO. INC. has sponsored the creation of one or more 401k plans.

Company Name: SOUTHERN STAR SHIPPING CO. INC.

Employer identification number (EIN): 135535116

NAIC Classification: 484120
NAIC Description: General Freight Trucking, Long-Distance

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 THOMAS C. LENTAKIS 2024-08-14 THOMAS C. LENTAKIS 2024-08-14
002 2022-01-01 THOMAS C. LENTAKIS 2023-10-11 THOMAS C. LENTAKIS 2023-10-11
002 2021-01-01 THOMAS C. LENTAKIS 2022-10-05 THOMAS C. LENTAKIS 2022-10-05
002 2020-01-01 THOMAS C. LENTAKIS 2021-10-12 THOMAS C. LENTAKIS 2021-10-12
002 2019-01-01 THOMAS C. LENTAKIS 2020-10-08 THOMAS C. LENTAKIS 2020-10-08
002 2018-01-01 THOMAS C. LENTAKIS 2019-10-07 THOMAS C. LENTAKIS 2019-10-07
002 2017-01-01 THOMAS C. LENTAKIS 2018-10-15
002 2016-01-01 THOMAS C. LENTAKIS 2017-10-12 THOMA C. LENTAKIS 2017-10-12
002 2015-01-01 THOMAS C. LENTAKIS 2016-09-13 THOMAS C. LENTAKIS 2016-09-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	THOMAS C. LENTAKIS	2024-08-14	THOMAS C. LENTAKIS	2024-08-14
002	2022-01-01	THOMAS C. LENTAKIS	2023-10-11	THOMAS C. LENTAKIS	2023-10-11
002	2021-01-01	THOMAS C. LENTAKIS	2022-10-05	THOMAS C. LENTAKIS	2022-10-05
002	2020-01-01	THOMAS C. LENTAKIS	2021-10-12	THOMAS C. LENTAKIS	2021-10-12
002	2019-01-01	THOMAS C. LENTAKIS	2020-10-08	THOMAS C. LENTAKIS	2020-10-08
002	2018-01-01	THOMAS C. LENTAKIS	2019-10-07	THOMAS C. LENTAKIS	2019-10-07
002	2017-01-01	THOMAS C. LENTAKIS	2018-10-15
002	2016-01-01	THOMAS C. LENTAKIS	2017-10-12	THOMA C. LENTAKIS	2017-10-12
002	2015-01-01	THOMAS C. LENTAKIS	2016-09-13	THOMAS C. LENTAKIS	2016-09-13

Plan Statistics for RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC.

401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC.

Measure Date Value
2022: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2022 401k membership
Market value of plan assets 2022-12-31 47,488,348
Acturial value of plan assets 2022-12-31 45,998,859
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 30,975,070
Number of terminated vested participants 2022-12-31 23
Fundng target for terminated vested participants 2022-12-31 2,405,095
Active participant vested funding target 2022-12-31 5,896,747
Number of active participants 2022-12-31 7
Total funding liabilities for active participants 2022-12-31 5,898,678
Total participant count 2022-12-31 80
Total funding target for all participants 2022-12-31 39,278,843
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 4,642,654
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 4,642,654
Present value of excess contributions 2022-12-31 254,612
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 268,819
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 268,819
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 5,269,422
Total employer contributions 2022-12-31 0
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 381,282
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2021 401k membership
Market value of plan assets 2021-12-31 46,114,318
Acturial value of plan assets 2021-12-31 42,687,636
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 27,280,985
Number of terminated vested participants 2021-12-31 25
Fundng target for terminated vested participants 2021-12-31 5,388,619
Active participant vested funding target 2021-12-31 5,090,095
Number of active participants 2021-12-31 7
Total funding liabilities for active participants 2021-12-31 5,091,737
Total participant count 2021-12-31 80
Total funding target for all participants 2021-12-31 37,761,341
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 3,758,258
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 3,758,258
Present value of excess contributions 2021-12-31 1,051,086
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 1,111,313
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 1,111,313
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 720,000
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 4,642,654
Total employer contributions 2021-12-31 258,466
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 254,612
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 266,637
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 254,612
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2020 401k membership
Market value of plan assets 2020-12-31 41,442,720
Acturial value of plan assets 2020-12-31 39,565,221
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 25,574,400
Number of terminated vested participants 2020-12-31 27
Fundng target for terminated vested participants 2020-12-31 3,562,279
Active participant vested funding target 2020-12-31 7,833,877
Number of active participants 2020-12-31 9
Total funding liabilities for active participants 2020-12-31 7,835,160
Total participant count 2020-12-31 80
Total funding target for all participants 2020-12-31 36,971,839
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 2,000,000
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 2,000,000
Present value of excess contributions 2020-12-31 35,531
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 37,507
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 37,507
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 -1,322,951
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 3,758,258
Total employer contributions 2020-12-31 1,452,586
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 1,401,922
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 350,836
Net shortfall amortization installment of oustanding balance 2020-12-31 1,164,876
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 350,836
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 350,836
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 1,401,922
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2019 401k membership
Market value of plan assets 2019-12-31 32,132,207
Acturial value of plan assets 2019-12-31 33,696,301
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 23,198,136
Number of terminated vested participants 2019-12-31 21
Fundng target for terminated vested participants 2019-12-31 2,647,870
Active participant vested funding target 2019-12-31 10,017,654
Number of active participants 2019-12-31 10
Total funding liabilities for active participants 2019-12-31 10,018,728
Total participant count 2019-12-31 57
Total funding target for all participants 2019-12-31 35,864,734
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 5,950,974
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 5,950,974
Present value of excess contributions 2019-12-31 19,554
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 20,672
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 20,672
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 3,794,307
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 2,000,000
Total employer contributions 2019-12-31 1,607,723
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 1,538,592
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 368,069
Net shortfall amortization installment of oustanding balance 2019-12-31 4,168,433
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 1,503,061
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 1,503,061
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 1,538,592
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2018 401k membership
Market value of plan assets 2018-12-31 34,064,179
Acturial value of plan assets 2018-12-31 33,126,020
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 20,278,675
Number of terminated vested participants 2018-12-31 21
Fundng target for terminated vested participants 2018-12-31 2,319,098
Active participant vested funding target 2018-12-31 10,131,439
Number of active participants 2018-12-31 11
Total funding liabilities for active participants 2018-12-31 10,132,260
Total participant count 2018-12-31 57
Total funding target for all participants 2018-12-31 32,730,033
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 5,393,306
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 5,393,306
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 5,950,974
Total employer contributions 2018-12-31 737,427
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 716,624
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 339,713
Net shortfall amortization installment of oustanding balance 2018-12-31 1,846,594
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 697,070
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 697,070
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 716,624
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2017 401k membership
Market value of plan assets 2017-12-31 31,214,085
Acturial value of plan assets 2017-12-31 31,686,666
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 19,868,908
Number of terminated vested participants 2017-12-31 20
Fundng target for terminated vested participants 2017-12-31 1,916,823
Active participant vested funding target 2017-12-31 8,800,692
Number of active participants 2017-12-31 12
Total funding liabilities for active participants 2017-12-31 8,802,164
Total participant count 2017-12-31 57
Total funding target for all participants 2017-12-31 30,587,895
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 5,587,352
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 2017-12-31 699,022
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 4,888,330
Present value of excess contributions 2017-12-31 177,710
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 189,190
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 189,190
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 5,393,306
Total employer contributions 2017-12-31 1,239,351
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 1,191,617
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 2017-12-31 494,323
Net shortfall amortization installment of oustanding balance 2017-12-31 2,455,416
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 1,191,617
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 1,191,617
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 1,191,617
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2016 401k membership
Market value of plan assets 2016-12-31 29,928,344
Acturial value of plan assets 2016-12-31 31,086,706
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 16,643,719
Number of terminated vested participants 2016-12-31 18
Fundng target for terminated vested participants 2016-12-31 1,640,147
Active participant vested funding target 2016-12-31 10,530,381
Number of active participants 2016-12-31 17
Total funding liabilities for active participants 2016-12-31 10,549,068
Total participant count 2016-12-31 58
Total funding target for all participants 2016-12-31 28,832,934
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 5,167,597
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 2016-12-31 628,378
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 4,539,219
Present value of excess contributions 2016-12-31 1,030,473
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 1,054,942
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 1,054,942
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 5,587,352
Total employer contributions 2016-12-31 1,000,000
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 2016-12-31 942,941
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 2016-12-31 453,587
Net shortfall amortization installment of oustanding balance 2016-12-31 3,333,580
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 1,464,253
Prefunding balance elected to use to offset funding requirement 2016-12-31 699,022
Additional cash requirement 2016-12-31 765,231
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 942,941
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2022 401k membership
Market value of plan assets	2022-12-31	47,488,348
Acturial value of plan assets	2022-12-31	45,998,859
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	30,975,070
Number of terminated vested participants	2022-12-31	23
Fundng target for terminated vested participants	2022-12-31	2,405,095
Active participant vested funding target	2022-12-31	5,896,747
Number of active participants	2022-12-31	7
Total funding liabilities for active participants	2022-12-31	5,898,678
Total participant count	2022-12-31	80
Total funding target for all participants	2022-12-31	39,278,843
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	4,642,654
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	4,642,654
Present value of excess contributions	2022-12-31	254,612
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	268,819
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	268,819
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	5,269,422
Total employer contributions	2022-12-31	0
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	381,282
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2021 401k membership
Market value of plan assets	2021-12-31	46,114,318
Acturial value of plan assets	2021-12-31	42,687,636
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	27,280,985
Number of terminated vested participants	2021-12-31	25
Fundng target for terminated vested participants	2021-12-31	5,388,619
Active participant vested funding target	2021-12-31	5,090,095
Number of active participants	2021-12-31	7
Total funding liabilities for active participants	2021-12-31	5,091,737
Total participant count	2021-12-31	80
Total funding target for all participants	2021-12-31	37,761,341
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	3,758,258
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	3,758,258
Present value of excess contributions	2021-12-31	1,051,086
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	1,111,313
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	1,111,313
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	720,000
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	4,642,654
Total employer contributions	2021-12-31	258,466
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	254,612
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	266,637
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	254,612
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2020 401k membership
Market value of plan assets	2020-12-31	41,442,720
Acturial value of plan assets	2020-12-31	39,565,221
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	25,574,400
Number of terminated vested participants	2020-12-31	27
Fundng target for terminated vested participants	2020-12-31	3,562,279
Active participant vested funding target	2020-12-31	7,833,877
Number of active participants	2020-12-31	9
Total funding liabilities for active participants	2020-12-31	7,835,160
Total participant count	2020-12-31	80
Total funding target for all participants	2020-12-31	36,971,839
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	2,000,000
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	2,000,000
Present value of excess contributions	2020-12-31	35,531
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	37,507
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	37,507
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	-1,322,951
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	3,758,258
Total employer contributions	2020-12-31	1,452,586
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	1,401,922
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	350,836
Net shortfall amortization installment of oustanding balance	2020-12-31	1,164,876
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	350,836
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	350,836
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	1,401,922
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2019 401k membership
Market value of plan assets	2019-12-31	32,132,207
Acturial value of plan assets	2019-12-31	33,696,301
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	23,198,136
Number of terminated vested participants	2019-12-31	21
Fundng target for terminated vested participants	2019-12-31	2,647,870
Active participant vested funding target	2019-12-31	10,017,654
Number of active participants	2019-12-31	10
Total funding liabilities for active participants	2019-12-31	10,018,728
Total participant count	2019-12-31	57
Total funding target for all participants	2019-12-31	35,864,734
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	5,950,974
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	5,950,974
Present value of excess contributions	2019-12-31	19,554
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	20,672
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	20,672
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	3,794,307
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	2,000,000
Total employer contributions	2019-12-31	1,607,723
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	1,538,592
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	368,069
Net shortfall amortization installment of oustanding balance	2019-12-31	4,168,433
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	1,503,061
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	1,503,061
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	1,538,592
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2018 401k membership
Market value of plan assets	2018-12-31	34,064,179
Acturial value of plan assets	2018-12-31	33,126,020
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	20,278,675
Number of terminated vested participants	2018-12-31	21
Fundng target for terminated vested participants	2018-12-31	2,319,098
Active participant vested funding target	2018-12-31	10,131,439
Number of active participants	2018-12-31	11
Total funding liabilities for active participants	2018-12-31	10,132,260
Total participant count	2018-12-31	57
Total funding target for all participants	2018-12-31	32,730,033
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	5,393,306
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	5,393,306
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	5,950,974
Total employer contributions	2018-12-31	737,427
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	716,624
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	339,713
Net shortfall amortization installment of oustanding balance	2018-12-31	1,846,594
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	697,070
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	697,070
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	716,624
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2017 401k membership
Market value of plan assets	2017-12-31	31,214,085
Acturial value of plan assets	2017-12-31	31,686,666
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	19,868,908
Number of terminated vested participants	2017-12-31	20
Fundng target for terminated vested participants	2017-12-31	1,916,823
Active participant vested funding target	2017-12-31	8,800,692
Number of active participants	2017-12-31	12
Total funding liabilities for active participants	2017-12-31	8,802,164
Total participant count	2017-12-31	57
Total funding target for all participants	2017-12-31	30,587,895
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	5,587,352
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	699,022
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	4,888,330
Present value of excess contributions	2017-12-31	177,710
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	189,190
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	189,190
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	5,393,306
Total employer contributions	2017-12-31	1,239,351
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	1,191,617
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	494,323
Net shortfall amortization installment of oustanding balance	2017-12-31	2,455,416
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	1,191,617
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	1,191,617
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	1,191,617
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: RETIREMENT PLAN FOR EMPLOYEES OF SOUTHERN STAR SHIPPING COMPANY, INC. 2016 401k membership
Market value of plan assets	2016-12-31	29,928,344
Acturial value of plan assets	2016-12-31	31,086,706
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	16,643,719
Number of terminated vested participants	2016-12-31	18
Fundng target for terminated vested participants	2016-12-31	1,640,147
Active participant vested funding target	2016-12-31	10,530,381
Number of active participants	2016-12-31	17
Total funding liabilities for active participants	2016-12-31	10,549,068
Total participant count	2016-12-31	58
Total funding target for all participants	2016-12-31	28,832,934
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	5,167,597
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	628,378
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	4,539,219
Present value of excess contributions	2016-12-31	1,030,473
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	1,054,942
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	1,054,942
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	5,587,352
Total employer contributions	2016-12-31	1,000,000
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	942,941
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	453,587
Net shortfall amortization installment of oustanding balance	2016-12-31	3,333,580
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	1,464,253
Prefunding balance elected to use to offset funding requirement	2016-12-31	699,022
Additional cash requirement	2016-12-31	765,231
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	942,941
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	SOUTHERN STAR SHIPPING CO. INC.
Employer identification number (EIN):	135535116
NAIC Classification:	484120
NAIC Description:	General Freight Trucking, Long-Distance