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RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 401k Plan overview

Plan NameRETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC.
Plan identification number 001

RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 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).

401k Sponsoring company profile

BERKS PACKING CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:BERKS PACKING CO., INC.
Employer identification number (EIN):230404560
NAIC Classification:311610
NAIC Description: Animal Slaughtering and Processing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01DAVID MAURER2020-07-24
0012018-01-01DAVID MAURER2019-07-29
0012017-01-01DAVID MAURER2018-07-30
0012016-01-01TIMOTHY DINAN2017-07-18
0012015-01-01TIMOTHY DINAN2016-07-22
0012014-01-01TIMOTHY DINAN2015-07-17
0012013-01-01TIMOTHY DINAN2014-07-21
0012012-01-01TIMOTHY DINAN2013-07-11
0012011-01-01TIMOTHY DINAN2012-08-15
0012010-01-01TIMOTHY DINAN2011-07-22
0012009-01-01TIMOTHY P. DINAN TIMOTHY P. DINAN2010-07-26

Plan Statistics for RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC.

401k plan membership statisitcs for RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC.

Measure Date Value
2019: RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 2019 401k membership
Market value of plan assets2019-12-311,462,891
Acturial value of plan assets2019-12-311,530,911
Funding target for retired participants and beneficiaries receiving payment2019-12-31214,073
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-3122,229
Active participant vested funding target2019-12-31880,920
Number of active participants2019-12-3111
Total funding liabilities for active participants2019-12-31909,417
Total participant count2019-12-3119
Total funding target for all participants2019-12-311,145,719
Balance at beginning of prior year after applicable adjustments2019-12-31293,703
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31430,819
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 balance2019-12-31293,703
Amount remaining of prefunding balance2019-12-31430,819
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 year2019-12-31285,156
Balance of prefunding at beginning of current year2019-12-31418,282
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 balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
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: RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 2018 401k membership
Market value of plan assets2018-12-314,203,983
Acturial value of plan assets2018-12-314,008,680
Funding target for retired participants and beneficiaries receiving payment2018-12-31217,054
Number of terminated vested participants2018-12-313
Fundng target for terminated vested participants2018-12-31124,215
Active participant vested funding target2018-12-312,770,734
Number of active participants2018-12-3120
Total funding liabilities for active participants2018-12-312,816,327
Total participant count2018-12-3128
Total funding target for all participants2018-12-313,157,596
Balance at beginning of prior year after applicable adjustments2018-12-31254,575
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31373,424
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 balance2018-12-31254,575
Amount remaining of prefunding balance2018-12-31373,424
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 elections2018-12-310
Balance of carryovers at beginning of current year2018-12-31293,703
Balance of prefunding at beginning of current year2018-12-31430,819
Total employer contributions2018-12-310
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 date2018-12-310
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 balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 2017 401k membership
Market value of plan assets2017-12-313,660,353
Acturial value of plan assets2017-12-313,783,309
Funding target for retired participants and beneficiaries receiving payment2017-12-31102,510
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-31120,708
Active participant vested funding target2017-12-312,539,451
Number of active participants2017-12-3122
Total funding liabilities for active participants2017-12-312,621,561
Total participant count2017-12-3128
Total funding target for all participants2017-12-312,844,779
Balance at beginning of prior year after applicable adjustments2017-12-31242,892
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31356,287
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 balance2017-12-31242,892
Amount remaining of prefunding balance2017-12-31356,287
Present value of excess contributions2017-12-31244,214
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31258,476
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 year2017-12-31254,575
Balance of prefunding at beginning of current year2017-12-31373,424
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
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
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: RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 2016 401k membership
Market value of plan assets2016-12-313,378,283
Acturial value of plan assets2016-12-313,553,973
Funding target for retired participants and beneficiaries receiving payment2016-12-31104,383
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-3113,206
Active participant vested funding target2016-12-312,579,650
Number of active participants2016-12-3125
Total funding liabilities for active participants2016-12-312,674,419
Total participant count2016-12-3130
Total funding target for all participants2016-12-312,792,008
Balance at beginning of prior year after applicable adjustments2016-12-31244,703
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31358,943
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 balance2016-12-31244,703
Amount remaining of prefunding balance2016-12-31358,943
Present value of excess contributions2016-12-31237,758
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31252,285
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 year2016-12-31242,892
Balance of prefunding at beginning of current year2016-12-31356,287
Total employer contributions2016-12-31250,000
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 date2016-12-31244,214
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 balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31244,214
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
2009: RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 2009 401k membership
Total participants, beginning-of-year2009-01-0150
Total number of active participants reported on line 7a of the Form 55002009-01-0142
Number of retired or separated participants receiving benefits2009-01-012
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC.

Measure Date Value
2009 : RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC.

2009: RETIREMENT PLAN FOR THE EMPLOYEES OF BERKS PACKING CO., INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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