401k Plan data: GENESIS AIRCRAFT PARTS, INC. CASH BALANCE PLAN plan

GENESIS AIRCRAFT PARTS, INC. CASH BALANCE PLAN 401k Plan overview

Plan Name	GENESIS AIRCRAFT PARTS, INC. CASH BALANCE PLAN
Plan identification number	001

GENESIS AIRCRAFT PARTS, INC. CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
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

GENESIS AIRCRAFT PARTS, INC. has sponsored the creation of one or more 401k plans.

Company Name: GENESIS AIRCRAFT PARTS, INC.

Employer identification number (EIN): 200900677

NAIC Classification: 336410

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GENESIS AIRCRAFT PARTS, INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01

Potentially related plans

GENESIS AIRCRAFT SUPPORT 401K PLAN [EIN = 742859453]

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Company Name:	GENESIS AIRCRAFT PARTS, INC.
Employer identification number (EIN):	200900677
NAIC Classification:	336410