401k Plan data: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN plan

NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 401k Plan overview

Plan Name	NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN
Plan identification number	002

NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Benefits are primarily flat dollar (includes dollars per year of service)
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).

401k Sponsoring company profile

NATIONAL ELECTRIC GATE COMPANY has sponsored the creation of one or more 401k plans.

Company Name: NATIONAL ELECTRIC GATE COMPANY

Employer identification number (EIN): 362789281

NAIC Classification: 236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2020-01-01 RON SASS 2021-08-02
002 2019-11-01 RON SASS 2020-10-06
002 2019-11-01 RON SASS 2021-07-29
002 2018-11-01 RON SASS 2020-08-14
002 2017-11-01 RON SASS 2019-08-12
002 2016-11-01 RON SASS 2018-08-14
002 2015-11-01 MARTIN A PETERSON 2017-08-10 MARTIN A PETERSON 2017-08-10
002 2014-11-01 MARTIN PETERSON 2016-05-31
002 2013-11-01 MARTIN PETERSON 2015-08-11
002 2012-11-01 MARTIN PETERSON 2014-08-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2020-01-01	RON SASS	2021-08-02
002	2019-11-01	RON SASS	2020-10-06
002	2019-11-01	RON SASS	2021-07-29
002	2018-11-01	RON SASS	2020-08-14
002	2017-11-01	RON SASS	2019-08-12
002	2016-11-01	RON SASS	2018-08-14
002	2015-11-01	MARTIN A PETERSON	2017-08-10	MARTIN A PETERSON	2017-08-10
002	2014-11-01	MARTIN PETERSON	2016-05-31
002	2013-11-01	MARTIN PETERSON	2015-08-11
002	2012-11-01	MARTIN PETERSON	2014-08-12

Plan Statistics for NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN

401k plan membership statisitcs for NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN

Measure Date Value
2020: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2020 401k membership
Market value of plan assets 2020-12-31 862,526
Acturial value of plan assets 2020-12-31 862,526
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 4
Fundng target for terminated vested participants 2020-12-31 334,899
Active participant vested funding target 2020-12-31 497,761
Number of active participants 2020-12-31 20
Total funding liabilities for active participants 2020-12-31 497,761
Total participant count 2020-12-31 24
Total funding target for all participants 2020-12-31 832,660
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 2
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 2
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 0
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-12-31 836,400
Acturial value of plan assets 2019-12-31 836,400
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 4
Fundng target for terminated vested participants 2019-12-31 328,488
Active participant vested funding target 2019-12-31 506,374
Number of active participants 2019-12-31 20
Total funding liabilities for active participants 2019-12-31 506,374
Total participant count 2019-12-31 24
Total funding target for all participants 2019-12-31 834,862
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 12,511
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 10,988
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 896
Unpaid minimum required contributions for all prior years 2019-12-31 10,988
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 10,988
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 11,413
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 9,875
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 9,875
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 896
Unpaid minimum required contributions for current year 2019-12-31 8,979
Unpaid minimum required contributions for all years 2019-12-31 8,979
Market value of plan assets 2019-10-31 697,676
Acturial value of plan assets 2019-10-31 697,676
Funding target for retired participants and beneficiaries receiving payment 2019-10-31 0
Number of terminated vested participants 2019-10-31 4
Fundng target for terminated vested participants 2019-10-31 325,743
Active participant vested funding target 2019-10-31 436,545
Number of active participants 2019-10-31 19
Total funding liabilities for active participants 2019-10-31 436,545
Total participant count 2019-10-31 23
Total funding target for all participants 2019-10-31 762,288
Balance at beginning of prior year after applicable adjustments 2019-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-10-31 0
Prefunding balanced used to offset prior years funding requirement 2019-10-31 0
Amount remaining of carryover balance 2019-10-31 0
Amount remaining of prefunding balance 2019-10-31 0
Present value of excess contributions 2019-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-10-31 0
Reductions in caryover balances due to elections or deemed elections 2019-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-10-31 0
Balance of carryovers at beginning of current year 2019-10-31 0
Balance of prefunding at beginning of current year 2019-10-31 0
Total employer contributions 2019-10-31 137,000
Total employee contributions 2019-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-10-31 65,360
Contributions made to avoid restrictions adjusted to valuation date 2019-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-10-31 63,254
Unpaid minimum required contributions for all prior years 2019-10-31 65,360
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-10-31 65,360
Remaining amount of unpaid minimum required contributions 2019-10-31 0
Minimum required contributions for current year target normal cost 2019-10-31 63,326
Net shortfall amortization installment of oustanding balance 2019-10-31 64,612
Waiver amortization installment 2019-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-10-31 74,242
Carryover balance elected to use to offset funding requirement 2019-10-31 0
Prefunding balance elected to use to offset funding requirement 2019-10-31 0
Additional cash requirement 2019-10-31 74,242
Contributions allocatedtoward minimum required contributions for current year 2019-10-31 63,254
Unpaid minimum required contributions for current year 2019-10-31 10,988
Unpaid minimum required contributions for all years 2019-10-31 10,988
2018: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-10-31 642,212
Acturial value of plan assets 2018-10-31 642,212
Funding target for retired participants and beneficiaries receiving payment 2018-10-31 0
Number of terminated vested participants 2018-10-31 4
Fundng target for terminated vested participants 2018-10-31 310,188
Active participant vested funding target 2018-10-31 350,998
Number of active participants 2018-10-31 17
Total funding liabilities for active participants 2018-10-31 350,998
Total participant count 2018-10-31 21
Total funding target for all participants 2018-10-31 661,186
Balance at beginning of prior year after applicable adjustments 2018-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-10-31 0
Prefunding balanced used to offset prior years funding requirement 2018-10-31 0
Amount remaining of carryover balance 2018-10-31 0
Amount remaining of prefunding balance 2018-10-31 0
Present value of excess contributions 2018-10-31 32
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-10-31 32
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-10-31 0
Reductions in caryover balances due to elections or deemed elections 2018-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-10-31 0
Balance of carryovers at beginning of current year 2018-10-31 0
Balance of prefunding at beginning of current year 2018-10-31 0
Total employer contributions 2018-10-31 0
Total employee contributions 2018-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-10-31 0
Unpaid minimum required contributions for all prior years 2018-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-10-31 0
Remaining amount of unpaid minimum required contributions 2018-10-31 0
Minimum required contributions for current year target normal cost 2018-10-31 62,244
Net shortfall amortization installment of oustanding balance 2018-10-31 18,974
Total funding amount beforereflecting carryover/prefunding balances 2018-10-31 65,360
Additional cash requirement 2018-10-31 65,360
Contributions allocatedtoward minimum required contributions for current year 2018-10-31 0
Unpaid minimum required contributions for current year 2018-10-31 65,360
Unpaid minimum required contributions for all years 2018-10-31 65,360
2017: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-10-31 561,729
Acturial value of plan assets 2017-10-31 561,729
Funding target for retired participants and beneficiaries receiving payment 2017-10-31 0
Number of terminated vested participants 2017-10-31 4
Fundng target for terminated vested participants 2017-10-31 242,182
Active participant vested funding target 2017-10-31 270,616
Number of active participants 2017-10-31 16
Total funding liabilities for active participants 2017-10-31 270,616
Total participant count 2017-10-31 20
Total funding target for all participants 2017-10-31 512,798
Balance at beginning of prior year after applicable adjustments 2017-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-10-31 0
Prefunding balanced used to offset prior years funding requirement 2017-10-31 0
Amount remaining of carryover balance 2017-10-31 0
Amount remaining of prefunding balance 2017-10-31 0
Present value of excess contributions 2017-10-31 33,778
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-10-31 33,778
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-10-31 0
Reductions in caryover balances due to elections or deemed elections 2017-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-10-31 0
Balance of carryovers at beginning of current year 2017-10-31 0
Balance of prefunding at beginning of current year 2017-10-31 0
Total employer contributions 2017-10-31 68,221
Total employee contributions 2017-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-10-31 65,437
Unpaid minimum required contributions for all prior years 2017-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-10-31 0
Remaining amount of unpaid minimum required contributions 2017-10-31 0
Minimum required contributions for current year target normal cost 2017-10-31 114,336
Net shortfall amortization installment of oustanding balance 2017-10-31 0
Waiver amortization installment 2017-10-31 0
Waived amount of outstanding balance 2017-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-10-31 65,405
Carryover balance elected to use to offset funding requirement 2017-10-31 0
Prefunding balance elected to use to offset funding requirement 2017-10-31 0
Additional cash requirement 2017-10-31 65,405
Contributions allocatedtoward minimum required contributions for current year 2017-10-31 65,437
Unpaid minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for all years 2017-10-31 0

Measure	Date	Value
2020: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	862,526
Acturial value of plan assets	2020-12-31	862,526
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	4
Fundng target for terminated vested participants	2020-12-31	334,899
Active participant vested funding target	2020-12-31	497,761
Number of active participants	2020-12-31	20
Total funding liabilities for active participants	2020-12-31	497,761
Total participant count	2020-12-31	24
Total funding target for all participants	2020-12-31	832,660
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	2
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	2
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	836,400
Acturial value of plan assets	2019-12-31	836,400
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	4
Fundng target for terminated vested participants	2019-12-31	328,488
Active participant vested funding target	2019-12-31	506,374
Number of active participants	2019-12-31	20
Total funding liabilities for active participants	2019-12-31	506,374
Total participant count	2019-12-31	24
Total funding target for all participants	2019-12-31	834,862
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	12,511
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	10,988
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	896
Unpaid minimum required contributions for all prior years	2019-12-31	10,988
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	10,988
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	11,413
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	9,875
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	9,875
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	896
Unpaid minimum required contributions for current year	2019-12-31	8,979
Unpaid minimum required contributions for all years	2019-12-31	8,979
Market value of plan assets	2019-10-31	697,676
Acturial value of plan assets	2019-10-31	697,676
Funding target for retired participants and beneficiaries receiving payment	2019-10-31	0
Number of terminated vested participants	2019-10-31	4
Fundng target for terminated vested participants	2019-10-31	325,743
Active participant vested funding target	2019-10-31	436,545
Number of active participants	2019-10-31	19
Total funding liabilities for active participants	2019-10-31	436,545
Total participant count	2019-10-31	23
Total funding target for all participants	2019-10-31	762,288
Balance at beginning of prior year after applicable adjustments	2019-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-10-31	0
Prefunding balanced used to offset prior years funding requirement	2019-10-31	0
Amount remaining of carryover balance	2019-10-31	0
Amount remaining of prefunding balance	2019-10-31	0
Present value of excess contributions	2019-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-10-31	0
Reductions in caryover balances due to elections or deemed elections	2019-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-10-31	0
Balance of carryovers at beginning of current year	2019-10-31	0
Balance of prefunding at beginning of current year	2019-10-31	0
Total employer contributions	2019-10-31	137,000
Total employee contributions	2019-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-10-31	65,360
Contributions made to avoid restrictions adjusted to valuation date	2019-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-10-31	63,254
Unpaid minimum required contributions for all prior years	2019-10-31	65,360
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-10-31	65,360
Remaining amount of unpaid minimum required contributions	2019-10-31	0
Minimum required contributions for current year target normal cost	2019-10-31	63,326
Net shortfall amortization installment of oustanding balance	2019-10-31	64,612
Waiver amortization installment	2019-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-10-31	74,242
Carryover balance elected to use to offset funding requirement	2019-10-31	0
Prefunding balance elected to use to offset funding requirement	2019-10-31	0
Additional cash requirement	2019-10-31	74,242
Contributions allocatedtoward minimum required contributions for current year	2019-10-31	63,254
Unpaid minimum required contributions for current year	2019-10-31	10,988
Unpaid minimum required contributions for all years	2019-10-31	10,988
2018: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-10-31	642,212
Acturial value of plan assets	2018-10-31	642,212
Funding target for retired participants and beneficiaries receiving payment	2018-10-31	0
Number of terminated vested participants	2018-10-31	4
Fundng target for terminated vested participants	2018-10-31	310,188
Active participant vested funding target	2018-10-31	350,998
Number of active participants	2018-10-31	17
Total funding liabilities for active participants	2018-10-31	350,998
Total participant count	2018-10-31	21
Total funding target for all participants	2018-10-31	661,186
Balance at beginning of prior year after applicable adjustments	2018-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-10-31	0
Prefunding balanced used to offset prior years funding requirement	2018-10-31	0
Amount remaining of carryover balance	2018-10-31	0
Amount remaining of prefunding balance	2018-10-31	0
Present value of excess contributions	2018-10-31	32
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-10-31	32
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-10-31	0
Reductions in caryover balances due to elections or deemed elections	2018-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-10-31	0
Balance of carryovers at beginning of current year	2018-10-31	0
Balance of prefunding at beginning of current year	2018-10-31	0
Total employer contributions	2018-10-31	0
Total employee contributions	2018-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-10-31	0
Unpaid minimum required contributions for all prior years	2018-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-10-31	0
Remaining amount of unpaid minimum required contributions	2018-10-31	0
Minimum required contributions for current year target normal cost	2018-10-31	62,244
Net shortfall amortization installment of oustanding balance	2018-10-31	18,974
Total funding amount beforereflecting carryover/prefunding balances	2018-10-31	65,360
Additional cash requirement	2018-10-31	65,360
Contributions allocatedtoward minimum required contributions for current year	2018-10-31	0
Unpaid minimum required contributions for current year	2018-10-31	65,360
Unpaid minimum required contributions for all years	2018-10-31	65,360
2017: NATIONAL ELECTRIC GATE COMPANY CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-10-31	561,729
Acturial value of plan assets	2017-10-31	561,729
Funding target for retired participants and beneficiaries receiving payment	2017-10-31	0
Number of terminated vested participants	2017-10-31	4
Fundng target for terminated vested participants	2017-10-31	242,182
Active participant vested funding target	2017-10-31	270,616
Number of active participants	2017-10-31	16
Total funding liabilities for active participants	2017-10-31	270,616
Total participant count	2017-10-31	20
Total funding target for all participants	2017-10-31	512,798
Balance at beginning of prior year after applicable adjustments	2017-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-10-31	0
Prefunding balanced used to offset prior years funding requirement	2017-10-31	0
Amount remaining of carryover balance	2017-10-31	0
Amount remaining of prefunding balance	2017-10-31	0
Present value of excess contributions	2017-10-31	33,778
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-10-31	33,778
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-10-31	0
Reductions in caryover balances due to elections or deemed elections	2017-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-10-31	0
Balance of carryovers at beginning of current year	2017-10-31	0
Balance of prefunding at beginning of current year	2017-10-31	0
Total employer contributions	2017-10-31	68,221
Total employee contributions	2017-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-10-31	65,437
Unpaid minimum required contributions for all prior years	2017-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-10-31	0
Remaining amount of unpaid minimum required contributions	2017-10-31	0
Minimum required contributions for current year target normal cost	2017-10-31	114,336
Net shortfall amortization installment of oustanding balance	2017-10-31	0
Waiver amortization installment	2017-10-31	0
Waived amount of outstanding balance	2017-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-10-31	65,405
Carryover balance elected to use to offset funding requirement	2017-10-31	0
Prefunding balance elected to use to offset funding requirement	2017-10-31	0
Additional cash requirement	2017-10-31	65,405
Contributions allocatedtoward minimum required contributions for current year	2017-10-31	65,437
Unpaid minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for all years	2017-10-31	0

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Company Name:	NATIONAL ELECTRIC GATE COMPANY
Employer identification number (EIN):	362789281
NAIC Classification:	236200