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PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 401k Plan overview

Plan NamePENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION
Plan identification number 001

PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).

401k Sponsoring company profile

NORTHEAST SOLITE CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:NORTHEAST SOLITE CORPORATION
Employer identification number (EIN):141806833
NAIC Classification:212390
NAIC Description: Other Nonmetallic Mineral Mining and Quarrying

Additional information about NORTHEAST SOLITE CORPORATION

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1998-04-21
Company Identification Number: 0501961
Legal Registered Office Address: 4801 HERMITAGE ROAD
SUITE 285
RICHMOND
United States of America (USA)
23227

More information about NORTHEAST SOLITE CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KENNETH SCAPLEHORN2024-10-15 KENNETH SCAPLEHORN2024-10-15
0012022-01-01KENNETH SCAPLEHORN2023-10-12
0012021-01-01KENNETH SCAPLEHORN2022-10-12 JEFF REARDON2022-10-12
0012020-01-01KENNETH SCAPLEHORN2021-10-13
0012019-01-01PHILIP NESMITH2020-10-13 PHILIP NESMITH2020-10-13
0012018-01-01PHILIP NESMITH2019-10-11 NORTHEAST SOLITE CORPORATION2019-10-11
0012017-01-01PHILIP NESMITH2018-10-11
0012016-01-01PHILIP NESMITH2017-09-07
0012015-01-01PHILIP NESMITH2016-10-14
0012014-01-01PHILIP NESMITH2015-10-15
0012013-01-01PHILIP NESMITH2014-10-14
0012012-01-01PHILIP NESMITH2013-10-15 PHILIP NESMITH2013-10-15
0012011-01-01PHILIP NESMITH2012-10-12
0012010-01-01PHILIP NESMITH2011-10-17 PHILIP NESMITH2011-10-17

Plan Statistics for PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION

401k plan membership statisitcs for PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION

Measure Date Value
2022: PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 2022 401k membership
Market value of plan assets2022-12-314,859,465
Acturial value of plan assets2022-12-314,638,324
Funding target for retired participants and beneficiaries receiving payment2022-12-311,391,387
Number of terminated vested participants2022-12-3138
Fundng target for terminated vested participants2022-12-311,132,445
Active participant vested funding target2022-12-312,071,085
Number of active participants2022-12-3112
Total funding liabilities for active participants2022-12-312,071,085
Total participant count2022-12-3178
Total funding target for all participants2022-12-314,594,917
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-316,653
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-317,026
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Liquidity shortfalls end of Q12022-12-310
Liquidity shortfalls end of Q22022-12-310
Liquidity shortfalls end of Q32022-12-310
Liquidity shortfalls end of Q42022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 2021 401k membership
Market value of plan assets2021-12-314,453,103
Acturial value of plan assets2021-12-314,194,417
Funding target for retired participants and beneficiaries receiving payment2021-12-311,268,155
Number of terminated vested participants2021-12-3140
Fundng target for terminated vested participants2021-12-311,106,872
Active participant vested funding target2021-12-311,928,527
Number of active participants2021-12-3113
Total funding liabilities for active participants2021-12-311,928,527
Total participant count2021-12-3178
Total funding target for all participants2021-12-314,303,554
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-3118,080
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3119,062
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-310
Total employer contributions2021-12-3117,484
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 date2021-12-3116,829
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
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 cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-31109,137
Total funding amount beforereflecting carryover/prefunding balances2021-12-3110,176
Additional cash requirement2021-12-3110,176
Contributions allocatedtoward minimum required contributions for current year2021-12-3116,829
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 2020 401k membership
Market value of plan assets2020-12-314,154,421
Acturial value of plan assets2020-12-313,943,572
Funding target for retired participants and beneficiaries receiving payment2020-12-311,349,333
Number of terminated vested participants2020-12-3140
Fundng target for terminated vested participants2020-12-311,067,389
Active participant vested funding target2020-12-311,839,709
Number of active participants2020-12-3113
Total funding liabilities for active participants2020-12-311,839,709
Total participant count2020-12-3178
Total funding target for all participants2020-12-314,256,431
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31334
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31353
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
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 year2020-12-310
Total employer contributions2020-12-3155,443
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 date2020-12-3153,047
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
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 cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-31312,859
Total funding amount beforereflecting carryover/prefunding balances2020-12-3134,967
Additional cash requirement2020-12-3134,967
Contributions allocatedtoward minimum required contributions for current year2020-12-3153,047
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 2019 401k membership
Market value of plan assets2019-12-313,463,554
Acturial value of plan assets2019-12-313,672,090
Funding target for retired participants and beneficiaries receiving payment2019-12-311,317,791
Number of terminated vested participants2019-12-3141
Fundng target for terminated vested participants2019-12-311,033,282
Active participant vested funding target2019-12-311,689,997
Number of active participants2019-12-3113
Total funding liabilities for active participants2019-12-311,689,997
Total participant count2019-12-3178
Total funding target for all participants2019-12-314,041,070
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 contributions2019-12-3136
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3138
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
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 year2019-12-310
Total employer contributions2019-12-3178,635
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 date2019-12-3174,256
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
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 cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-31368,980
Total funding amount beforereflecting carryover/prefunding balances2019-12-3173,922
Additional cash requirement2019-12-3173,922
Contributions allocatedtoward minimum required contributions for current year2019-12-3174,256
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 2018 401k membership
Market value of plan assets2018-12-313,729,600
Acturial value of plan assets2018-12-313,568,484
Funding target for retired participants and beneficiaries receiving payment2018-12-311,344,268
Number of terminated vested participants2018-12-3141
Fundng target for terminated vested participants2018-12-31946,630
Active participant vested funding target2018-12-311,602,505
Number of active participants2018-12-3114
Total funding liabilities for active participants2018-12-311,602,505
Total participant count2018-12-3179
Total funding target for all participants2018-12-313,893,403
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 contributions2018-12-3111
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3112
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-3151,269
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 date2018-12-3147,652
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 balance2018-12-31324,919
Total funding amount beforereflecting carryover/prefunding balances2018-12-3147,616
Additional cash requirement2018-12-3147,616
Contributions allocatedtoward minimum required contributions for current year2018-12-3147,652
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 2017 401k membership
Market value of plan assets2017-12-313,385,945
Acturial value of plan assets2017-12-313,408,972
Funding target for retired participants and beneficiaries receiving payment2017-12-31994,913
Number of terminated vested participants2017-12-3125
Fundng target for terminated vested participants2017-12-31633,157
Active participant vested funding target2017-12-311,938,077
Number of active participants2017-12-3133
Total funding liabilities for active participants2017-12-311,938,077
Total participant count2017-12-3179
Total funding target for all participants2017-12-313,566,147
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 contributions2017-12-3111,454
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3112,163
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 contributions2017-12-3120,715
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 date2017-12-3118,831
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 balance2017-12-31157,175
Total funding amount beforereflecting carryover/prefunding balances2017-12-3118,820
Additional cash requirement2017-12-3118,820
Contributions allocatedtoward minimum required contributions for current year2017-12-3118,831
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: PENSION PLAN FOR HOURLY RATE EMPLOYEES & SALARIED EMPLOYEES OF NORTHEAST SOLITE CORPORATION 2016 401k membership
Market value of plan assets2016-12-313,195,974
Acturial value of plan assets2016-12-313,315,046
Funding target for retired participants and beneficiaries receiving payment2016-12-31830,631
Number of terminated vested participants2016-12-3123
Fundng target for terminated vested participants2016-12-31485,051
Active participant vested funding target2016-12-312,003,603
Number of active participants2016-12-3136
Total funding liabilities for active participants2016-12-312,018,104
Total participant count2016-12-3179
Total funding target for all participants2016-12-313,333,786
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 contributions2016-12-31438
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31466
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 contributions2016-12-3112,000
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 date2016-12-3111,454
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
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 balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-3111,454
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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