401k Plan data: PRIME MORTGAGE LLC DEFINED BENEFIT PLAN plan

PRIME MORTGAGE LLC DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	PRIME MORTGAGE LLC DEFINED BENEFIT PLAN
Plan identification number	001

PRIME MORTGAGE LLC DEFINED BENEFIT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related

401k Sponsoring company profile

PRIME MORTGAGE LLC has sponsored the creation of one or more 401k plans.

Company Name: PRIME MORTGAGE LLC

Employer identification number (EIN): 301228918

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIME MORTGAGE LLC DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01

Plan Statistics for PRIME MORTGAGE LLC DEFINED BENEFIT PLAN

401k plan membership statisitcs for PRIME MORTGAGE LLC DEFINED BENEFIT PLAN

Measure Date Value
2022: PRIME MORTGAGE LLC DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 200,000
Acturial value of plan assets 2022-12-31 200,000
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 26,793
Number of active participants 2022-12-31 5
Total funding liabilities for active participants 2022-12-31 133,965
Total participant count 2022-12-31 5
Total funding target for all participants 2022-12-31 133,965
Present value of excess contributions 2022-12-31 9,801
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 10,312
Total employer contributions 2022-12-31 25,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 21,619
Minimum required contributions for current year target normal cost 2022-12-31 66,983
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 948
Additional cash requirement 2022-12-31 948
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 21,619
2021: PRIME MORTGAGE LLC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 100,000
Acturial value of plan assets 2021-12-31 100,000
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 0
Number of active participants 2021-12-31 5
Total funding liabilities for active participants 2021-12-31 81,523
Total participant count 2021-12-31 5
Total funding target for all participants 2021-12-31 81,523
Present value of excess contributions 2021-12-31 24,228
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 25,466
Total employer contributions 2021-12-31 100,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 91,324
Minimum required contributions for current year target normal cost 2021-12-31 81,523
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 81,523
Additional cash requirement 2021-12-31 81,523
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 91,324
2020: PRIME MORTGAGE LLC DEFINED BENEFIT PLAN 2020 401k membership
Acturial value of plan assets 2020-12-31 0
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 0
Number of active participants 2020-12-31 5
Total funding liabilities for active participants 2020-12-31 0
Total participant count 2020-12-31 5
Total funding target for all participants 2020-12-31 0
Total employer contributions 2020-12-31 100,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 91,340
Minimum required contributions for current year target normal cost 2020-12-31 67,112
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 67,112
Additional cash requirement 2020-12-31 67,112
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 91,340

Measure	Date	Value
2022: PRIME MORTGAGE LLC DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	200,000
Acturial value of plan assets	2022-12-31	200,000
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	26,793
Number of active participants	2022-12-31	5
Total funding liabilities for active participants	2022-12-31	133,965
Total participant count	2022-12-31	5
Total funding target for all participants	2022-12-31	133,965
Present value of excess contributions	2022-12-31	9,801
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	10,312
Total employer contributions	2022-12-31	25,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	21,619
Minimum required contributions for current year target normal cost	2022-12-31	66,983
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	948
Additional cash requirement	2022-12-31	948
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	21,619
2021: PRIME MORTGAGE LLC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	100,000
Acturial value of plan assets	2021-12-31	100,000
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	0
Number of active participants	2021-12-31	5
Total funding liabilities for active participants	2021-12-31	81,523
Total participant count	2021-12-31	5
Total funding target for all participants	2021-12-31	81,523
Present value of excess contributions	2021-12-31	24,228
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	25,466
Total employer contributions	2021-12-31	100,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	91,324
Minimum required contributions for current year target normal cost	2021-12-31	81,523
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	81,523
Additional cash requirement	2021-12-31	81,523
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	91,324
2020: PRIME MORTGAGE LLC DEFINED BENEFIT PLAN 2020 401k membership
Acturial value of plan assets	2020-12-31	0
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	0
Number of active participants	2020-12-31	5
Total funding liabilities for active participants	2020-12-31	0
Total participant count	2020-12-31	5
Total funding target for all participants	2020-12-31	0
Total employer contributions	2020-12-31	100,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	91,340
Minimum required contributions for current year target normal cost	2020-12-31	67,112
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	67,112
Additional cash requirement	2020-12-31	67,112
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	91,340

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Company Name:	PRIME MORTGAGE LLC
Employer identification number (EIN):	301228918
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services