Plan Name | QUEEN CITY ELECTRIC, INC. CASH BALANCE PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | QUEEN CITY ELECTRIC, INC. |
Employer identification number (EIN): | 203272417 |
NAIC Classification: | 238210 |
NAIC Description: | Electrical Contractors and Other Wiring Installation Contractors |
Additional information about QUEEN CITY ELECTRIC, INC.
Jurisdiction of Incorporation: | Ohio Secretary of State Business Services Division |
Incorporation Date: | 2005-08-01 |
Company Identification Number: | 1559924 |
Legal Registered Office Address: |
4015 CHERRY ST. - CINCINNATI United States of America (USA) 45223 |
More information about QUEEN CITY ELECTRIC, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2023-01-01 | ANTHONY WARREN | 2024-10-08 | ||
002 | 2022-01-01 | ANTHONY WARREN | 2023-10-12 |
Measure | Date | Value |
---|---|---|
2022: QUEEN CITY ELECTRIC, INC. CASH BALANCE PLAN 2022 401k membership | ||
Market value of plan assets | 2022-12-31 | 111,972 |
Acturial value of plan assets | 2022-12-31 | 111,972 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
Number of terminated vested participants | 2022-12-31 | 0 |
Fundng target for terminated vested participants | 2022-12-31 | 0 |
Active participant vested funding target | 2022-12-31 | 0 |
Number of active participants | 2022-12-31 | 20 |
Total funding liabilities for active participants | 2022-12-31 | 120,167 |
Total participant count | 2022-12-31 | 20 |
Total funding target for all participants | 2022-12-31 | 120,167 |
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 | 0 |
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 | 0 |
Present value of excess contributions | 2022-12-31 | 1,528 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 1,528 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
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 | 0 |
Total employer contributions | 2022-12-31 | 140,478 |
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 | 136,986 |
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 | 119,648 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 8,195 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 120,405 |
Additional cash requirement | 2022-12-31 | 120,405 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 136,986 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |