401k Plan data: HUSSEY & COMPANY CASH BALANCE PLAN plan

HUSSEY & COMPANY CASH BALANCE PLAN 401k Plan overview

Plan Name	HUSSEY & COMPANY CASH BALANCE PLAN
Plan identification number	002

HUSSEY & COMPANY CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

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).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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

HUSSEY & CO. has sponsored the creation of one or more 401k plans.

Company Name: HUSSEY & CO.

Employer identification number (EIN): 271113334

NAIC Classification: 423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HUSSEY & COMPANY CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2019-01-01
002 2018-01-01
002 2017-01-01
002 2016-01-01 JUDY RICHARDSON 2017-09-28
002 2015-01-01 JUDY RICHARDSON 2017-09-28
002 2015-01-01 JUDY RICHARDSON 2016-10-14
002 2014-01-01 JUDY RICHARDSON 2015-10-15
002 2013-01-01 JUDY KING 2014-10-14
002 2012-01-01 JUDY KING 2013-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2019-01-01
002	2018-01-01
002	2017-01-01
002	2016-01-01	JUDY RICHARDSON	2017-09-28
002	2015-01-01	JUDY RICHARDSON	2017-09-28
002	2015-01-01	JUDY RICHARDSON	2016-10-14
002	2014-01-01	JUDY RICHARDSON	2015-10-15
002	2013-01-01	JUDY KING	2014-10-14
002	2012-01-01	JUDY KING	2013-10-15

Plan Statistics for HUSSEY & COMPANY CASH BALANCE PLAN

401k plan membership statisitcs for HUSSEY & COMPANY CASH BALANCE PLAN

Measure Date Value
2018: HUSSEY & COMPANY CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 898,834
Acturial value of plan assets 2018-12-31 898,834
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 2
Fundng target for terminated vested participants 2018-12-31 7,032
Active participant vested funding target 2018-12-31 609,888
Number of active participants 2018-12-31 5
Total funding liabilities for active participants 2018-12-31 609,888
Total participant count 2018-12-31 7
Total funding target for all participants 2018-12-31 616,920
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 334,826
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 2018-12-31 334,826
Present value of excess contributions 2018-12-31 16,218
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 17,251
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 17,251
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 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 373,171
Total employer contributions 2018-12-31 0
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 0
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 2018-12-31 0
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 0
Net shortfall amortization installment of oustanding balance 2018-12-31 39,297
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 10,398
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 10,398
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: HUSSEY & COMPANY CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 896,901
Acturial value of plan assets 2017-12-31 896,901
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 2
Fundng target for terminated vested participants 2017-12-31 6,730
Active participant vested funding target 2017-12-31 648,679
Number of active participants 2017-12-31 5
Total funding liabilities for active participants 2017-12-31 648,679
Total participant count 2017-12-31 7
Total funding target for all participants 2017-12-31 655,409
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 213,493
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 2017-12-31 213,493
Present value of excess contributions 2017-12-31 104,165
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 110,936
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 110,936
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 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 334,826
Total employer contributions 2017-12-31 30,000
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 26,616
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
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 0
Net shortfall amortization installment of oustanding balance 2017-12-31 48,000
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 10,398
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 10,398
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 26,616
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: HUSSEY & COMPANY CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 814,148
Acturial value of plan assets 2016-12-31 814,148
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 6,405
Active participant vested funding target 2016-12-31 686,725
Number of active participants 2016-12-31 5
Total funding liabilities for active participants 2016-12-31 686,725
Total participant count 2016-12-31 7
Total funding target for all participants 2016-12-31 693,130
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 47,243
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 47,243
Present value of excess contributions 2016-12-31 157,837
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 166,250
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 166,250
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 2016-12-31 213,493
Total employer contributions 2016-12-31 128,000
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 2016-12-31 114,563
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 0
Net shortfall amortization installment of oustanding balance 2016-12-31 55,565
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 10,398
Additional cash requirement 2016-12-31 10,398
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 114,563
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
2018: HUSSEY & COMPANY CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	898,834
Acturial value of plan assets	2018-12-31	898,834
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	2
Fundng target for terminated vested participants	2018-12-31	7,032
Active participant vested funding target	2018-12-31	609,888
Number of active participants	2018-12-31	5
Total funding liabilities for active participants	2018-12-31	609,888
Total participant count	2018-12-31	7
Total funding target for all participants	2018-12-31	616,920
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	334,826
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	334,826
Present value of excess contributions	2018-12-31	16,218
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	17,251
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	17,251
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	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	373,171
Total employer contributions	2018-12-31	0
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	0
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	2018-12-31	0
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	0
Net shortfall amortization installment of oustanding balance	2018-12-31	39,297
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	10,398
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	10,398
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: HUSSEY & COMPANY CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	896,901
Acturial value of plan assets	2017-12-31	896,901
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	2
Fundng target for terminated vested participants	2017-12-31	6,730
Active participant vested funding target	2017-12-31	648,679
Number of active participants	2017-12-31	5
Total funding liabilities for active participants	2017-12-31	648,679
Total participant count	2017-12-31	7
Total funding target for all participants	2017-12-31	655,409
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	213,493
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	213,493
Present value of excess contributions	2017-12-31	104,165
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	110,936
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	110,936
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	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	334,826
Total employer contributions	2017-12-31	30,000
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	26,616
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
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	0
Net shortfall amortization installment of oustanding balance	2017-12-31	48,000
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	10,398
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	10,398
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	26,616
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: HUSSEY & COMPANY CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	814,148
Acturial value of plan assets	2016-12-31	814,148
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	6,405
Active participant vested funding target	2016-12-31	686,725
Number of active participants	2016-12-31	5
Total funding liabilities for active participants	2016-12-31	686,725
Total participant count	2016-12-31	7
Total funding target for all participants	2016-12-31	693,130
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	47,243
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	47,243
Present value of excess contributions	2016-12-31	157,837
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	166,250
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	166,250
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	213,493
Total employer contributions	2016-12-31	128,000
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	114,563
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	0
Net shortfall amortization installment of oustanding balance	2016-12-31	55,565
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	10,398
Additional cash requirement	2016-12-31	10,398
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	114,563
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Potentially related plans

HUSSEY & PERKINS, INC. 401K PROFIT SHARING PLAN [EIN = 273325221]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	HUSSEY & CO.
Employer identification number (EIN):	271113334
NAIC Classification:	423800