NITE WIND, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan J LTD DEFINED BENEFIT PLAN AND TRUST
| Measure | Date | Value |
|---|
| 2020: J LTD DEFINED BENEFIT PLAN AND TRUST 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 1,253,166 |
| Acturial value of plan assets | 2020-12-31 | 1,253,166 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 0 |
| Number of terminated vested participants | 2020-12-31 | 1 |
| Fundng target for terminated vested participants | 2020-12-31 | 2,473 |
| Active participant vested funding target | 2020-12-31 | 1,216,104 |
| Number of active participants | 2020-12-31 | 2 |
| Total funding liabilities for active participants | 2020-12-31 | 1,216,104 |
| Total participant count | 2020-12-31 | 3 |
| Total funding target for all participants | 2020-12-31 | 1,218,577 |
| Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 86,939 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 63,953 |
| Amount remaining of carryover balance | 2020-12-31 | 86,939 |
| Amount remaining of prefunding balance | 2020-12-31 | 63,953 |
| Present value of excess contributions | 2020-12-31 | 6,790 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 7,160 |
| Balance of carryovers at beginning of current year | 2020-12-31 | 92,538 |
| Balance of prefunding at beginning of current year | 2020-12-31 | 68,072 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 86,468 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 126,021 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 114,021 |
| Carryover balance elected to use to offset funding requirement | 2020-12-31 | 92,538 |
| Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 68,072 |
| Additional cash requirement | 2020-12-31 | 0 |
| Total participants, beginning-of-year | 2020-01-01 | 2 |
| Total of all active and inactive participants | 2020-01-01 | 0 |
| Total participants | 2020-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2020 : J LTD DEFINED BENEFIT PLAN AND TRUST 2020 401k financial data |
|---|
| Transfers to/from the plan | 2020-12-31 | $-1,317,725 |
| Total plan liabilities at beginning of year | 2020-12-31 | $16,095 |
| Total income from all sources | 2020-12-31 | $126,487 |
| Expenses. Total of all expenses incurred | 2020-12-31 | $47,057 |
| Total plan assets at end of year | 2020-12-31 | $0 |
| Total plan assets at beginning of year | 2020-12-31 | $1,254,390 |
| Expenses. Other expenses not covered elsewhere | 2020-12-31 | $47,057 |
| Other income received | 2020-12-31 | $126,487 |
| Net income (gross income less expenses) | 2020-12-31 | $79,430 |
| Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,238,295 |
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
