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CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 401k Plan overview

Plan NameCENTRAL COAST WEALTH MANAGEMENT PENSION PLAN
Plan identification number 002

CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN Benefits

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

CENTRAL COAST WEALTH MANAGEMENT LLC has sponsored the creation of one or more 401k plans.

Company Name:CENTRAL COAST WEALTH MANAGEMENT LLC
Employer identification number (EIN):223973915
NAIC Classification:523120
NAIC Description:Securities Brokerage

Additional information about CENTRAL COAST WEALTH MANAGEMENT LLC

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: 200800810147

More information about CENTRAL COAST WEALTH MANAGEMENT LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01KURT C. JACKSON2024-10-13
0022022-01-01KURT C. JACKSON2023-10-10
0022021-01-01KURT C. JACKSON2022-09-27
0022020-01-01KURT C. JACKSON2021-10-02
0022019-01-01KURT C. JACKSON2020-10-08
0022018-01-01KURT C. JACKSON2019-09-24
0022017-01-01KURT C. JACKSON2018-10-11
0022016-01-01KURT C. JACKSON2017-10-02
0022015-01-01KURT C. JACKSON2016-10-07
0022014-01-01KURT C. JACKSON2015-08-19
0022013-01-01KURT C. JACKSON2014-10-13

Plan Statistics for CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN

401k plan membership statisitcs for CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN

Measure Date Value
2022: CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-311,458,437
Acturial value of plan assets2022-12-311,458,437
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-313
Fundng target for terminated vested participants2022-12-31272,486
Active participant vested funding target2022-12-31923,066
Number of active participants2022-12-312
Total funding liabilities for active participants2022-12-31923,066
Total participant count2022-12-315
Total funding target for all participants2022-12-311,195,552
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3111,543
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 balance2022-12-3111,543
Present value of excess contributions2022-12-31341,377
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31361,279
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-31361,279
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 year2022-12-31375,514
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 balance2022-12-31207,434
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-3121,015
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-3121,015
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: CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-31877,390
Acturial value of plan assets2021-12-31877,390
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-313
Fundng target for terminated vested participants2021-12-31242,836
Active participant vested funding target2021-12-31839,472
Number of active participants2021-12-312
Total funding liabilities for active participants2021-12-31839,472
Total participant count2021-12-315
Total funding target for all participants2021-12-311,082,308
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3112,835
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 balance2021-12-3112,835
Present value of excess contributions2021-12-3144,197
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3146,853
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3146,853
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-3148,271
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3111,543
Total employer contributions2021-12-31400,000
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 date2021-12-31362,392
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 balance2021-12-31216,461
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3121,015
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-3121,015
Contributions allocatedtoward minimum required contributions for current year2021-12-31362,392
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-31802,306
Acturial value of plan assets2020-12-31802,306
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-313
Fundng target for terminated vested participants2020-12-31218,250
Active participant vested funding target2020-12-31768,588
Number of active participants2020-12-312
Total funding liabilities for active participants2020-12-31768,588
Total participant count2020-12-315
Total funding target for all participants2020-12-31986,838
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3190,887
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3156,632
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3134,255
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
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 elections2020-12-3125,356
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3112,835
Total employer contributions2020-12-3170,000
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 date2020-12-3162,727
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 balance2020-12-31197,367
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3118,530
Additional cash requirement2020-12-3118,530
Contributions allocatedtoward minimum required contributions for current year2020-12-3162,727
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-31721,224
Acturial value of plan assets2019-12-31721,224
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-31213,644
Active participant vested funding target2019-12-31744,625
Number of active participants2019-12-312
Total funding liabilities for active participants2019-12-31744,625
Total participant count2019-12-315
Total funding target for all participants2019-12-31958,269
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3183,597
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3183,597
Present value of excess contributions2019-12-3117,094
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3118,133
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-3118,133
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 year2019-12-3190,887
Total employer contributions2019-12-310
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 date2019-12-310
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 balance2019-12-31327,932
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3156,632
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3156,632
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-31773,543
Acturial value of plan assets2018-12-31773,543
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-31174,210
Active participant vested funding target2018-12-31688,222
Number of active participants2018-12-313
Total funding liabilities for active participants2018-12-31688,222
Total participant count2018-12-315
Total funding target for all participants2018-12-31862,432
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31252,589
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 balance2018-12-31252,589
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-31164,294
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3183,597
Total employer contributions2018-12-3150,000
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 date2018-12-3145,252
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 balance2018-12-31172,486
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3128,158
Additional cash requirement2018-12-3128,158
Contributions allocatedtoward minimum required contributions for current year2018-12-3145,252
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-31788,164
Acturial value of plan assets2017-12-31788,164
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-31151,598
Active participant vested funding target2017-12-31587,623
Number of active participants2017-12-313
Total funding liabilities for active participants2017-12-31611,090
Total participant count2017-12-315
Total funding target for all participants2017-12-31762,688
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31330,315
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-3173,384
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31256,931
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
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 year2017-12-31252,589
Total employer contributions2017-12-310
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 date2017-12-310
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 balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: CENTRAL COAST WEALTH MANAGEMENT PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-31799,704
Acturial value of plan assets2016-12-31799,704
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-3199,666
Active participant vested funding target2016-12-31492,044
Number of active participants2016-12-314
Total funding liabilities for active participants2016-12-31510,411
Total participant count2016-12-315
Total funding target for all participants2016-12-31610,077
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31269,023
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 balance2016-12-31269,023
Present value of excess contributions2016-12-3159,976
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3163,982
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3163,982
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 year2016-12-31330,315
Total employer contributions2016-12-310
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 date2016-12-310
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 cost2016-12-3173,384
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3173,384
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-3173,384
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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