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PENSION PLAN OF PANDROL USA, L.P. 401k Plan overview

Plan NamePENSION PLAN OF PANDROL USA, L.P.
Plan identification number 001

PENSION PLAN OF PANDROL USA, L.P. 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).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PANDROL USA, LP has sponsored the creation of one or more 401k plans.

Company Name:PANDROL USA, LP
Employer identification number (EIN):223554003
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN OF PANDROL USA, L.P.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01ANDREA GOODMAN2022-10-10
0012020-01-01JACKSON DAREAMA2021-10-12
0012019-01-01RIA GAINES2020-10-12
0012018-01-01RIA GAINES2019-10-03
0012017-01-01TIMOTHY TOMASZEWSKI2018-10-09
0012016-01-01TIMOTHY TOMASZEWSKI2017-10-10
0012015-01-01TIMOTHY TOMASZEWSKI2016-10-14
0012014-01-01AUGIE SWIERCZYNSKI2015-10-07 AUGIE SWIERCZYNSKI2015-10-07
0012013-01-01AUGIE SWIERCZYNSKI2014-10-13
0012012-01-01AUGIE SWIERCZYNSKI2013-10-10
0012011-01-01AUGIE SWIERCZYNSKI2012-10-15
0012010-01-01AUGIE A. SWIERCZYNSKI2011-10-03

Plan Statistics for PENSION PLAN OF PANDROL USA, L.P.

401k plan membership statisitcs for PENSION PLAN OF PANDROL USA, L.P.

Measure Date Value
2022: PENSION PLAN OF PANDROL USA, L.P. 2022 401k membership
Market value of plan assets2022-12-3114,392,465
Acturial value of plan assets2022-12-3114,392,465
Funding target for retired participants and beneficiaries receiving payment2022-12-318,244,241
Number of terminated vested participants2022-12-3144
Fundng target for terminated vested participants2022-12-313,789,101
Active participant vested funding target2022-12-31998,778
Number of active participants2022-12-314
Total funding liabilities for active participants2022-12-31998,778
Total participant count2022-12-3188
Total funding target for all participants2022-12-3113,032,120
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31330
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 balance2022-12-31330
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
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 year2022-12-31365
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: PENSION PLAN OF PANDROL USA, L.P. 2021 401k membership
Market value of plan assets2021-12-3113,634,574
Acturial value of plan assets2021-12-3113,634,574
Funding target for retired participants and beneficiaries receiving payment2021-12-317,852,620
Number of terminated vested participants2021-12-3144
Fundng target for terminated vested participants2021-12-313,594,824
Active participant vested funding target2021-12-311,065,551
Number of active participants2021-12-316
Total funding liabilities for active participants2021-12-311,065,551
Total participant count2021-12-3188
Total funding target for all participants2021-12-3112,512,995
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31307
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 balance2021-12-31307
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-31330
Total employer contributions2021-12-310
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 date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
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 balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: PENSION PLAN OF PANDROL USA, L.P. 2020 401k membership
Market value of plan assets2020-12-3113,272,486
Acturial value of plan assets2020-12-3113,272,486
Funding target for retired participants and beneficiaries receiving payment2020-12-317,756,412
Number of terminated vested participants2020-12-3145
Fundng target for terminated vested participants2020-12-313,405,335
Active participant vested funding target2020-12-311,558,757
Number of active participants2020-12-319
Total funding liabilities for active participants2020-12-311,558,786
Total participant count2020-12-3188
Total funding target for all participants2020-12-3112,720,533
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3160,174
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3160,174
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31267
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31307
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31307
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 year2020-12-31307
Total employer contributions2020-12-310
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 date2020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
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 balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-31307
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: PENSION PLAN OF PANDROL USA, L.P. 2019 401k membership
Market value of plan assets2019-12-3111,759,605
Acturial value of plan assets2019-12-3111,759,605
Funding target for retired participants and beneficiaries receiving payment2019-12-317,500,738
Number of terminated vested participants2019-12-3149
Fundng target for terminated vested participants2019-12-313,879,677
Active participant vested funding target2019-12-311,702,386
Number of active participants2019-12-3111
Total funding liabilities for active participants2019-12-311,702,455
Total participant count2019-12-3189
Total funding target for all participants2019-12-3113,082,870
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3172,384
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3111,664
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3160,720
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
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 year2019-12-3160,174
Total employer contributions2019-12-31373,500
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 date2019-12-31343,245
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
Unpaid minimum required contributions for all prior years2019-12-310
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 balance2019-12-311,383,439
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31403,152
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3160,174
Additional cash requirement2019-12-31342,978
Contributions allocatedtoward minimum required contributions for current year2019-12-31343,245
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: PENSION PLAN OF PANDROL USA, L.P. 2018 401k membership
Market value of plan assets2018-12-3112,334,807
Acturial value of plan assets2018-12-3112,334,807
Funding target for retired participants and beneficiaries receiving payment2018-12-317,906,466
Number of terminated vested participants2018-12-3149
Fundng target for terminated vested participants2018-12-313,892,028
Active participant vested funding target2018-12-311,681,925
Number of active participants2018-12-3111
Total funding liabilities for active participants2018-12-311,682,115
Total participant count2018-12-3189
Total funding target for all participants2018-12-3113,480,609
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3148,773
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-3148,773
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-3166,282
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3172,384
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-3172,384
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3172,384
Total employer contributions2018-12-31132,000
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 date2018-12-31129,140
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 balance2018-12-311,218,186
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31140,804
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3111,664
Additional cash requirement2018-12-31129,140
Contributions allocatedtoward minimum required contributions for current year2018-12-31129,140
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: PENSION PLAN OF PANDROL USA, L.P. 2017 401k membership
Market value of plan assets2017-12-3111,455,079
Acturial value of plan assets2017-12-3111,693,564
Funding target for retired participants and beneficiaries receiving payment2017-12-317,500,923
Number of terminated vested participants2017-12-3152
Fundng target for terminated vested participants2017-12-313,833,903
Active participant vested funding target2017-12-311,529,535
Number of active participants2017-12-3111
Total funding liabilities for active participants2017-12-311,529,737
Total participant count2017-12-3189
Total funding target for all participants2017-12-3112,864,563
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3144,910
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 balance2017-12-3144,910
Present value of excess contributions2017-12-31237
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31252
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-31252
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 year2017-12-3148,773
Total employer contributions2017-12-31297,400
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 date2017-12-31280,761
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 balance2017-12-311,219,772
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31263,252
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-3148,773
Additional cash requirement2017-12-31214,479
Contributions allocatedtoward minimum required contributions for current year2017-12-31280,761
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: PENSION PLAN OF PANDROL USA, L.P. 2016 401k membership
Market value of plan assets2016-12-3110,818,564
Acturial value of plan assets2016-12-3111,458,278
Funding target for retired participants and beneficiaries receiving payment2016-12-316,580,568
Number of terminated vested participants2016-12-3154
Fundng target for terminated vested participants2016-12-313,795,989
Active participant vested funding target2016-12-311,893,866
Number of active participants2016-12-3113
Total funding liabilities for active participants2016-12-311,894,148
Total participant count2016-12-3190
Total funding target for all participants2016-12-3112,270,705
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31155,183
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-31109,267
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3145,916
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
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 year2016-12-3144,910
Total employer contributions2016-12-31292,214
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 date2016-12-31274,595
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 balance2016-12-31857,337
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31274,358
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31274,358
Contributions allocatedtoward minimum required contributions for current year2016-12-31274,595
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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