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AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 401k Plan overview

Plan NameAMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN
Plan identification number 001

AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 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

AMERICAN ASSOC OF INSURANCE SVCS has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN ASSOC OF INSURANCE SVCS
Employer identification number (EIN):362021360
NAIC Classification:524290

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHRISTOPHER D. BUNCH2024-10-09
0012022-01-01CHRISTOPHER D. BUNCH2023-09-27
0012021-01-01THOMAS SURIN2022-10-05
0012020-01-01SARA SANDUSKY2021-09-07
0012019-01-01SARA SANDUSKY2020-09-21
0012018-01-01MICHAEL PETERS2019-10-10
0012017-01-01MICHAEL PETERS2018-09-28
0012016-01-01MICHAEL PETERS2017-10-04
0012015-01-01MICHAEL PETERS2016-09-26
0012014-01-01MICHAEL PETERS2015-09-23 MICHAEL PETERS2015-09-23
0012013-01-01MICHAEL PETERS2014-09-22
0012012-01-01JEFF KOHS2013-10-04
0012011-01-01JEFF KOHS2012-10-11
0012010-01-01JEFF KOHS2011-10-11 PAUL BAIOCCHI2011-10-11

Plan Statistics for AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN

Measure Date Value
2022: AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-315,381,316
Acturial value of plan assets2022-12-315,381,316
Funding target for retired participants and beneficiaries receiving payment2022-12-311,737,087
Number of terminated vested participants2022-12-3115
Fundng target for terminated vested participants2022-12-311,156,003
Active participant vested funding target2022-12-311,240,791
Number of active participants2022-12-318
Total funding liabilities for active participants2022-12-311,240,791
Total participant count2022-12-3135
Total funding target for all participants2022-12-314,133,881
Balance at beginning of prior year after applicable adjustments2022-12-31224,375
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Amount remaining of carryover balance2022-12-31224,375
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-3158,492
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3161,738
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 year2022-12-31231,376
Balance of prefunding at beginning of current year2022-12-310
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: AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-315,326,296
Acturial value of plan assets2021-12-315,326,296
Funding target for retired participants and beneficiaries receiving payment2021-12-311,768,768
Number of terminated vested participants2021-12-3115
Fundng target for terminated vested participants2021-12-311,088,938
Active participant vested funding target2021-12-311,206,737
Number of active participants2021-12-318
Total funding liabilities for active participants2021-12-311,206,737
Total participant count2021-12-3135
Total funding target for all participants2021-12-314,064,443
Balance at beginning of prior year after applicable adjustments2021-12-31200,909
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
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 balance2021-12-31200,909
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-3157,923
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3161,028
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 year2021-12-31224,375
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-3160,000
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 date2021-12-3158,492
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 year2021-12-3158,492
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-314,937,179
Acturial value of plan assets2020-12-314,937,179
Funding target for retired participants and beneficiaries receiving payment2020-12-311,859,320
Number of terminated vested participants2020-12-3116
Fundng target for terminated vested participants2020-12-311,110,689
Active participant vested funding target2020-12-311,233,073
Number of active participants2020-12-318
Total funding liabilities for active participants2020-12-311,233,073
Total participant count2020-12-3136
Total funding target for all participants2020-12-314,203,082
Balance at beginning of prior year after applicable adjustments2020-12-31178,206
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-31178,206
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3159,002
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3162,259
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 year2020-12-31200,909
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-3160,000
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 date2020-12-3157,923
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
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-3157,923
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-314,497,037
Acturial value of plan assets2019-12-314,497,037
Funding target for retired participants and beneficiaries receiving payment2019-12-311,889,768
Number of terminated vested participants2019-12-3116
Fundng target for terminated vested participants2019-12-311,026,774
Active participant vested funding target2019-12-311,180,421
Number of active participants2019-12-318
Total funding liabilities for active participants2019-12-311,180,421
Total participant count2019-12-3137
Total funding target for all participants2019-12-314,096,963
Balance at beginning of prior year after applicable adjustments2019-12-31176,215
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-31176,215
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-3158,767
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3162,111
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 year2019-12-31178,206
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-3160,000
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 date2019-12-3159,002
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
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-3159,002
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-315,020,696
Acturial value of plan assets2018-12-315,020,696
Funding target for retired participants and beneficiaries receiving payment2018-12-311,876,379
Number of terminated vested participants2018-12-3119
Fundng target for terminated vested participants2018-12-311,266,269
Active participant vested funding target2018-12-311,072,134
Number of active participants2018-12-318
Total funding liabilities for active participants2018-12-311,072,134
Total participant count2018-12-3140
Total funding target for all participants2018-12-314,214,782
Balance at beginning of prior year after applicable adjustments2018-12-31153,111
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-31153,111
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-3197,687
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31103,451
Balance of carryovers at beginning of current year2018-12-31176,215
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-3160,000
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 date2018-12-3158,767
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 year2018-12-3158,767
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-314,451,974
Acturial value of plan assets2017-12-314,451,974
Funding target for retired participants and beneficiaries receiving payment2017-12-311,915,767
Number of terminated vested participants2017-12-3119
Fundng target for terminated vested participants2017-12-311,151,763
Active participant vested funding target2017-12-311,003,797
Number of active participants2017-12-318
Total funding liabilities for active participants2017-12-311,003,797
Total participant count2017-12-3140
Total funding target for all participants2017-12-314,071,327
Balance at beginning of prior year after applicable adjustments2017-12-31141,914
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 balance2017-12-31141,914
Amount remaining of prefunding balance2017-12-310
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
Balance of carryovers at beginning of current year2017-12-31153,111
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31100,000
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 date2017-12-3197,687
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 year2017-12-3197,687
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: AMERICAN ASSOCIATION OF INSURANCE SERVICES EMPLOYEES' PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-314,313,953
Acturial value of plan assets2016-12-314,313,953
Funding target for retired participants and beneficiaries receiving payment2016-12-311,877,829
Number of terminated vested participants2016-12-3119
Fundng target for terminated vested participants2016-12-31893,868
Active participant vested funding target2016-12-311,141,586
Number of active participants2016-12-319
Total funding liabilities for active participants2016-12-311,141,586
Total participant count2016-12-3142
Total funding target for all participants2016-12-313,913,283
Balance at beginning of prior year after applicable adjustments2016-12-31140,425
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Amount remaining of carryover balance2016-12-31140,425
Amount remaining of prefunding balance2016-12-310
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
Reductions in caryover balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-31141,914
Balance of prefunding at beginning of current year2016-12-310
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 cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
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 year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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