Logo

NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN 401k Plan overview

Plan NameNORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN
Plan identification number 001

NORTHERN MICHIGAN GROCERY 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).
  • 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).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

OLESON'S FOODS, INC. has sponsored the creation of one or more 401k plans.

Company Name:OLESON'S FOODS, INC.
Employer identification number (EIN):381740360
NAIC Classification:445110
NAIC Description:Supermarkets and Other Grocery (except Convenience) Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01DAVID JODWAY2020-12-21
0012019-01-01DAVID JODWAY2020-10-14 OLESON'S FOODS, INC2020-10-14
0012018-01-01DAVID JODWAY2019-10-14 OLESON'S FOODS, INC2019-10-14
0012017-01-01DAVID JODWAY2018-10-11 OLESON'S FOODS, INC2018-10-11
0012016-01-01DAVID JODWAY2017-06-27 DAVID JODWAY2017-06-27
0012015-01-01DAVID JODWAY2016-10-04 DAVID JODWAY2016-10-04
0012014-01-01DAVID JODWAY2015-10-06 DAVID JODWAY2015-10-06
0012013-01-01DAVID JODWAY2014-06-30
0012012-01-01DAVID JODWAY2013-10-10
0012011-01-01DAVID JODWAY2012-10-11
0012010-01-01DAVID JODWAY2011-10-07

Plan Statistics for NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN

Measure Date Value
2020: NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN 2020 401k membership
Market value of plan assets2020-05-206,845,435
Acturial value of plan assets2020-05-206,845,435
Funding target for retired participants and beneficiaries receiving payment2020-05-202,742,032
Number of terminated vested participants2020-05-200
Fundng target for terminated vested participants2020-05-200
Active participant vested funding target2020-05-203,405,613
Number of active participants2020-05-2013
Total funding liabilities for active participants2020-05-203,405,613
Total participant count2020-05-2027
Total funding target for all participants2020-05-206,147,645
Balance at beginning of prior year after applicable adjustments2020-05-200
Prefunding balance at beginning of prior year after applicable adjustments2020-05-20724,722
Carryover balanced portion elected for use to offset prior years funding requirement2020-05-200
Prefunding balanced used to offset prior years funding requirement2020-05-200
Amount remaining of carryover balance2020-05-200
Amount remaining of prefunding balance2020-05-20724,722
Present value of excess contributions2020-05-20821,826
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-05-20821,826
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-05-200
Reductions in caryover balances due to elections or deemed elections2020-05-200
Reductions in prefunding balances due to elections or deemed elections2020-05-200
Balance of carryovers at beginning of current year2020-05-200
Balance of prefunding at beginning of current year2020-05-20710,083
Total employer contributions2020-05-200
Total employee contributions2020-05-200
Contributions allocated toward unpaid minimum require contributions from prior years2020-05-200
Contributions made to avoid restrictions adjusted to valuation date2020-05-200
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-05-200
Unpaid minimum required contributions for all prior years2020-05-200
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-05-200
Remaining amount of unpaid minimum required contributions2020-05-200
Minimum required contributions for current year target normal cost2020-05-200
Net shortfall amortization installment of oustanding balance2020-05-200
Waiver amortization installment2020-05-200
Total funding amount beforereflecting carryover/prefunding balances2020-05-200
Additional cash requirement2020-05-200
Contributions allocatedtoward minimum required contributions for current year2020-05-200
Unpaid minimum required contributions for current year2020-05-200
Unpaid minimum required contributions for all years2020-05-200
2019: NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-316,023,491
Acturial value of plan assets2019-12-316,023,491
Funding target for retired participants and beneficiaries receiving payment2019-12-311,878,019
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-31234,618
Active participant vested funding target2019-12-312,723,082
Number of active participants2019-12-3114
Total funding liabilities for active participants2019-12-312,723,082
Total participant count2019-12-3129
Total funding target for all participants2019-12-314,835,719
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31744,526
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 balance2019-12-310
Amount remaining of prefunding balance2019-12-31744,526
Present value of excess contributions2019-12-311,308,517
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-311,308,517
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
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 year2019-12-310
Balance of prefunding at beginning of current year2019-12-31724,722
Total employer contributions2019-12-31838,631
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 date2019-12-31821,826
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
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-31821,826
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-314,730,004
Acturial value of plan assets2018-12-314,730,004
Funding target for retired participants and beneficiaries receiving payment2018-12-312,145,384
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-312,521,954
Number of active participants2018-12-3116
Total funding liabilities for active participants2018-12-312,521,954
Total participant count2018-12-3130
Total funding target for all participants2018-12-314,667,338
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31698,430
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 balance2018-12-310
Amount remaining of prefunding balance2018-12-31698,430
Present value of excess contributions2018-12-31401,775
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31401,775
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31744,526
Total employer contributions2018-12-311,400,000
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 date2018-12-311,417,268
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 balance2018-12-31504,251
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31108,751
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31108,751
Contributions allocatedtoward minimum required contributions for current year2018-12-311,417,268
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-314,735,556
Acturial value of plan assets2017-12-314,735,556
Funding target for retired participants and beneficiaries receiving payment2017-12-312,070,159
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-312,486,885
Number of active participants2017-12-3117
Total funding liabilities for active participants2017-12-312,486,885
Total participant count2017-12-3131
Total funding target for all participants2017-12-314,557,044
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31607,172
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 balance2017-12-310
Amount remaining of prefunding balance2017-12-31607,172
Present value of excess contributions2017-12-31149,290
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31149,290
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31698,430
Total employer contributions2017-12-31500,000
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 date2017-12-31510,526
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 balance2017-12-31584,369
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31108,751
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31108,751
Contributions allocatedtoward minimum required contributions for current year2017-12-31510,526
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: NORTHERN MICHIGAN GROCERY EMPLOYEES' PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-314,171,102
Acturial value of plan assets2016-12-314,171,102
Funding target for retired participants and beneficiaries receiving payment2016-12-31922,967
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-31265,642
Active participant vested funding target2016-12-312,984,119
Number of active participants2016-12-3121
Total funding liabilities for active participants2016-12-312,996,933
Total participant count2016-12-3133
Total funding target for all participants2016-12-314,185,542
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31636,449
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31636,449
Present value of excess contributions2016-12-3154,736
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3154,736
Total available prior years excess cotributions added 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
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31607,172
Total employer contributions2016-12-31500,000
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 date2016-12-31497,482
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 cost2016-12-31239,441
Net shortfall amortization installment of oustanding balance2016-12-31658,204
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31348,192
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31348,192
Contributions allocatedtoward minimum required contributions for current year2016-12-31497,482
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Potentially related plans

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

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1