401k Plan data: LJO, INC. CASH BALANCE PLAN plan

LJO, INC. CASH BALANCE PLAN 401k Plan overview

Plan Name	LJO, INC. CASH BALANCE PLAN
Plan identification number	004

LJO, 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).
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
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

LEIF J. OSTBERG, INC. has sponsored the creation of one or more 401k plans.

Company Name: LEIF J. OSTBERG, INC.

Employer identification number (EIN): 222433706

NAIC Classification: 424300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LJO, INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2022-01-01 JAMES KIMBERLIN 2023-08-30
004 2021-01-01 JAMES KIMBERLIN 2022-09-26
004 2020-01-01 JAMES KIMBERLIN 2021-10-11
004 2019-01-01 JAMES KIMBERLIN 2020-10-14
004 2018-01-01 JAMES KIMBERLIN 2019-08-07
004 2017-01-01 JAMES KIMBERLIN 2018-10-09
004 2016-01-01 JAMES KIMBERLIN 2017-10-05
004 2015-01-01 JAMES KIMBERLIN 2016-10-10
004 2014-01-01 JAMES KIMBERLIN 2015-10-09
004 2013-01-01 JAMES KIMBERLIN 2014-10-07
004 2012-01-01 JAMES KIMBERLIN 2013-07-01
004 2011-01-01 JAMES KIMBERLIN 2012-06-28
004 2010-01-01 JAMES KIMBERLIN 2011-07-07

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
004	2022-01-01	JAMES KIMBERLIN	2023-08-30
004	2021-01-01	JAMES KIMBERLIN	2022-09-26
004	2020-01-01	JAMES KIMBERLIN	2021-10-11
004	2019-01-01	JAMES KIMBERLIN	2020-10-14
004	2018-01-01	JAMES KIMBERLIN	2019-08-07
004	2017-01-01	JAMES KIMBERLIN	2018-10-09
004	2016-01-01	JAMES KIMBERLIN	2017-10-05
004	2015-01-01	JAMES KIMBERLIN	2016-10-10
004	2014-01-01	JAMES KIMBERLIN	2015-10-09
004	2013-01-01	JAMES KIMBERLIN	2014-10-07
004	2012-01-01	JAMES KIMBERLIN	2013-07-01
004	2011-01-01	JAMES KIMBERLIN	2012-06-28
004	2010-01-01	JAMES KIMBERLIN	2011-07-07

Plan Statistics for LJO, INC. CASH BALANCE PLAN

401k plan membership statisitcs for LJO, INC. CASH BALANCE PLAN

Measure Date Value
2022: LJO, INC. CASH BALANCE PLAN 2022 401k membership
Market value of plan assets 2022-12-31 3,560,023
Acturial value of plan assets 2022-12-31 3,560,023
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 8
Fundng target for terminated vested participants 2022-12-31 141,456
Active participant vested funding target 2022-12-31 3,345,245
Number of active participants 2022-12-31 17
Total funding liabilities for active participants 2022-12-31 3,345,245
Total participant count 2022-12-31 25
Total funding target for all participants 2022-12-31 3,486,701
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 229,476
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 2022-12-31 229,476
Present value of excess contributions 2022-12-31 29,433
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 30,878
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 30,878
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 2022-12-31 283,462
Total employer contributions 2022-12-31 252,000
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 2022-12-31 232,104
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 94,401
Net shortfall amortization installment of oustanding balance 2022-12-31 210,140
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 113,820
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 2022-12-31 113,820
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 232,104
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: LJO, INC. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets 2021-12-31 3,166,484
Acturial value of plan assets 2021-12-31 3,166,484
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 6
Fundng target for terminated vested participants 2021-12-31 76,135
Active participant vested funding target 2021-12-31 3,176,348
Number of active participants 2021-12-31 17
Total funding liabilities for active participants 2021-12-31 3,181,837
Total participant count 2021-12-31 23
Total funding target for all participants 2021-12-31 3,257,972
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 155,455
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 2021-12-31 155,455
Present value of excess contributions 2021-12-31 49,667
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 52,319
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 52,319
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 229,476
Total employer contributions 2021-12-31 252,000
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 2021-12-31 238,001
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 2021-12-31 106,770
Net shortfall amortization installment of oustanding balance 2021-12-31 320,964
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 208,568
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 2021-12-31 208,568
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 238,001
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: LJO, INC. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets 2020-12-31 2,703,970
Acturial value of plan assets 2020-12-31 2,703,970
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 5
Fundng target for terminated vested participants 2020-12-31 58,623
Active participant vested funding target 2020-12-31 2,893,753
Number of active participants 2020-12-31 16
Total funding liabilities for active participants 2020-12-31 2,898,014
Total participant count 2020-12-31 21
Total funding target for all participants 2020-12-31 2,956,637
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 109,700
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 109,700
Present value of excess contributions 2020-12-31 22,320
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 23,541
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 23,541
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 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 155,455
Total employer contributions 2020-12-31 250,000
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 2020-12-31 232,073
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 92,176
Net shortfall amortization installment of oustanding balance 2020-12-31 408,122
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 182,406
Additional cash requirement 2020-12-31 182,406
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 232,073
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: LJO, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-12-31 2,178,419
Acturial value of plan assets 2019-12-31 2,178,419
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 6
Fundng target for terminated vested participants 2019-12-31 89,564
Active participant vested funding target 2019-12-31 2,492,449
Number of active participants 2019-12-31 19
Total funding liabilities for active participants 2019-12-31 2,496,307
Total participant count 2019-12-31 25
Total funding target for all participants 2019-12-31 2,585,871
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 148,200
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 2019-12-31 148,200
Present value of excess contributions 2019-12-31 65,736
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 69,437
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 69,437
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 92,243
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 109,700
Total employer contributions 2019-12-31 249,368
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 2019-12-31 227,858
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 2019-12-31 100,562
Net shortfall amortization installment of oustanding balance 2019-12-31 517,152
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 205,538
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 2019-12-31 205,538
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 227,858
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: LJO, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,161,212
Acturial value of plan assets 2018-12-31 2,161,212
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 4
Fundng target for terminated vested participants 2018-12-31 57,249
Active participant vested funding target 2018-12-31 2,163,312
Number of active participants 2018-12-31 19
Total funding liabilities for active participants 2018-12-31 2,179,350
Total participant count 2018-12-31 23
Total funding target for all participants 2018-12-31 2,236,599
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 276,200
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 2018-12-31 276,200
Present value of excess contributions 2018-12-31 71,190
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 75,668
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 75,668
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 222,974
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 148,200
Total employer contributions 2018-12-31 252,000
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 2018-12-31 233,869
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 2018-12-31 108,870
Net shortfall amortization installment of oustanding balance 2018-12-31 223,587
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 168,133
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 2018-12-31 168,133
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 233,869
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: LJO, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,766,659
Acturial value of plan assets 2017-12-31 1,766,659
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 5,294
Active participant vested funding target 2017-12-31 1,856,009
Number of active participants 2017-12-31 21
Total funding liabilities for active participants 2017-12-31 1,857,697
Total participant count 2017-12-31 22
Total funding target for all participants 2017-12-31 1,862,991
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 218,743
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 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 218,743
Present value of excess contributions 2017-12-31 81,356
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 86,603
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 86,603
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 34,111
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 276,200
Total employer contributions 2017-12-31 261,772
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 2017-12-31 230,711
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 85,135
Net shortfall amortization installment of oustanding balance 2017-12-31 372,532
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 159,521
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 2017-12-31 159,521
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 230,711
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: LJO, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,490,161
Acturial value of plan assets 2016-12-31 1,490,161
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 2
Fundng target for terminated vested participants 2016-12-31 9,993
Active participant vested funding target 2016-12-31 1,550,051
Number of active participants 2016-12-31 20
Total funding liabilities for active participants 2016-12-31 1,554,046
Total participant count 2016-12-31 22
Total funding target for all participants 2016-12-31 1,564,039
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 15,888
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 15,888
Present value of excess contributions 2016-12-31 191,149
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 203,211
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 203,211
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 2016-12-31 218,743
Total employer contributions 2016-12-31 244,700
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 2016-12-31 218,983
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 82,885
Net shortfall amortization installment of oustanding balance 2016-12-31 292,621
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 137,627
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 0
Additional cash requirement 2016-12-31 137,627
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 218,983
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: LJO, INC. CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	3,560,023
Acturial value of plan assets	2022-12-31	3,560,023
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	8
Fundng target for terminated vested participants	2022-12-31	141,456
Active participant vested funding target	2022-12-31	3,345,245
Number of active participants	2022-12-31	17
Total funding liabilities for active participants	2022-12-31	3,345,245
Total participant count	2022-12-31	25
Total funding target for all participants	2022-12-31	3,486,701
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	229,476
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	229,476
Present value of excess contributions	2022-12-31	29,433
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	30,878
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	30,878
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	283,462
Total employer contributions	2022-12-31	252,000
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	232,104
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	94,401
Net shortfall amortization installment of oustanding balance	2022-12-31	210,140
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	113,820
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	113,820
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	232,104
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: LJO, INC. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	3,166,484
Acturial value of plan assets	2021-12-31	3,166,484
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	6
Fundng target for terminated vested participants	2021-12-31	76,135
Active participant vested funding target	2021-12-31	3,176,348
Number of active participants	2021-12-31	17
Total funding liabilities for active participants	2021-12-31	3,181,837
Total participant count	2021-12-31	23
Total funding target for all participants	2021-12-31	3,257,972
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	155,455
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	155,455
Present value of excess contributions	2021-12-31	49,667
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	52,319
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	52,319
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	229,476
Total employer contributions	2021-12-31	252,000
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	238,001
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	106,770
Net shortfall amortization installment of oustanding balance	2021-12-31	320,964
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	208,568
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	208,568
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	238,001
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: LJO, INC. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	2,703,970
Acturial value of plan assets	2020-12-31	2,703,970
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	5
Fundng target for terminated vested participants	2020-12-31	58,623
Active participant vested funding target	2020-12-31	2,893,753
Number of active participants	2020-12-31	16
Total funding liabilities for active participants	2020-12-31	2,898,014
Total participant count	2020-12-31	21
Total funding target for all participants	2020-12-31	2,956,637
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	109,700
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	109,700
Present value of excess contributions	2020-12-31	22,320
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	23,541
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	23,541
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	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	155,455
Total employer contributions	2020-12-31	250,000
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	232,073
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	92,176
Net shortfall amortization installment of oustanding balance	2020-12-31	408,122
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	182,406
Additional cash requirement	2020-12-31	182,406
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	232,073
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: LJO, INC. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	2,178,419
Acturial value of plan assets	2019-12-31	2,178,419
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	6
Fundng target for terminated vested participants	2019-12-31	89,564
Active participant vested funding target	2019-12-31	2,492,449
Number of active participants	2019-12-31	19
Total funding liabilities for active participants	2019-12-31	2,496,307
Total participant count	2019-12-31	25
Total funding target for all participants	2019-12-31	2,585,871
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	148,200
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	148,200
Present value of excess contributions	2019-12-31	65,736
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	69,437
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	69,437
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	92,243
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	109,700
Total employer contributions	2019-12-31	249,368
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	227,858
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	100,562
Net shortfall amortization installment of oustanding balance	2019-12-31	517,152
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	205,538
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	205,538
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	227,858
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: LJO, INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,161,212
Acturial value of plan assets	2018-12-31	2,161,212
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	4
Fundng target for terminated vested participants	2018-12-31	57,249
Active participant vested funding target	2018-12-31	2,163,312
Number of active participants	2018-12-31	19
Total funding liabilities for active participants	2018-12-31	2,179,350
Total participant count	2018-12-31	23
Total funding target for all participants	2018-12-31	2,236,599
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	276,200
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	276,200
Present value of excess contributions	2018-12-31	71,190
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	75,668
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	75,668
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	222,974
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	148,200
Total employer contributions	2018-12-31	252,000
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	233,869
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	108,870
Net shortfall amortization installment of oustanding balance	2018-12-31	223,587
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	168,133
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	168,133
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	233,869
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: LJO, INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,766,659
Acturial value of plan assets	2017-12-31	1,766,659
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	5,294
Active participant vested funding target	2017-12-31	1,856,009
Number of active participants	2017-12-31	21
Total funding liabilities for active participants	2017-12-31	1,857,697
Total participant count	2017-12-31	22
Total funding target for all participants	2017-12-31	1,862,991
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	218,743
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	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	218,743
Present value of excess contributions	2017-12-31	81,356
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	86,603
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	86,603
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	34,111
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	276,200
Total employer contributions	2017-12-31	261,772
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	230,711
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	85,135
Net shortfall amortization installment of oustanding balance	2017-12-31	372,532
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	159,521
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	159,521
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	230,711
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: LJO, INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,490,161
Acturial value of plan assets	2016-12-31	1,490,161
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	2
Fundng target for terminated vested participants	2016-12-31	9,993
Active participant vested funding target	2016-12-31	1,550,051
Number of active participants	2016-12-31	20
Total funding liabilities for active participants	2016-12-31	1,554,046
Total participant count	2016-12-31	22
Total funding target for all participants	2016-12-31	1,564,039
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	15,888
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	15,888
Present value of excess contributions	2016-12-31	191,149
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	203,211
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	203,211
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	218,743
Total employer contributions	2016-12-31	244,700
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	218,983
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	82,885
Net shortfall amortization installment of oustanding balance	2016-12-31	292,621
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	137,627
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	0
Additional cash requirement	2016-12-31	137,627
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	218,983
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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LJO, INC. 401(K) P/S PLAN [EIN = 201755894]

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Company Name:	LEIF J. OSTBERG, INC.
Employer identification number (EIN):	222433706
NAIC Classification:	424300