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EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST 401k Plan overview

Plan NameEDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST
Plan identification number 002

EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • 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).
  • Plan covering Self-Employed individuals.
  • 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

EDMONDS & EDMONDS LLP has sponsored the creation of one or more 401k plans.

Company Name:EDMONDS & EDMONDS LLP
Employer identification number (EIN):462685082
NAIC Classification:541211
NAIC Description:Offices of Certified Public Accountants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01BARB EDMONDS2024-07-17
0022022-01-01BARBARA EDMONDS2023-07-05 BARBARA EDMONDS2023-07-05
0022021-01-01BARBARA EDMONDS2022-09-19 BARBARA EDMONDS2022-09-19
0022020-01-01BARBARA EDMONDS2021-10-04 BARBARA EDMONDS2021-10-04
0022019-01-01BARBARA EDMONDS2020-09-14 BARBARA EDMONDS2020-09-14

Plan Statistics for EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST

401k plan membership statisitcs for EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST

Measure Date Value
2022: EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST 2022 401k membership
Market value of plan assets2022-12-311,184,160
Acturial value of plan assets2022-12-311,184,160
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-310
Fundng target for terminated vested participants2022-12-310
Active participant vested funding target2022-12-311,324,460
Number of active participants2022-12-315
Total funding liabilities for active participants2022-12-311,324,460
Total participant count2022-12-315
Total funding target for all participants2022-12-311,324,460
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3135,885
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-3133,554
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-312,331
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
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 year2022-12-310
Balance of prefunding at beginning of current year2022-12-312,396
Total employer contributions2022-12-31253,620
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 date2022-12-31239,384
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 cost2022-12-31231,830
Net shortfall amortization installment of oustanding balance2022-12-31142,779
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31239,855
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-31471
Additional cash requirement2022-12-31239,384
Contributions allocatedtoward minimum required contributions for current year2022-12-31239,384
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST 2021 401k membership
Market value of plan assets2021-12-31971,917
Acturial value of plan assets2021-12-31971,917
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-31963,659
Number of active participants2021-12-315
Total funding liabilities for active participants2021-12-31963,659
Total participant count2021-12-315
Total funding target for all participants2021-12-31963,659
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3115,000
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 balance2021-12-310
Amount remaining of prefunding balance2021-12-3115,000
Present value of excess contributions2021-12-3121,480
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3121,480
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-3120,000
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 year2021-12-310
Balance of prefunding at beginning of current year2021-12-3135,885
Total employer contributions2021-12-31291,377
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 date2021-12-31282,552
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 cost2021-12-31313,142
Net shortfall amortization installment of oustanding balance2021-12-3129,690
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31318,035
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-3135,483
Additional cash requirement2021-12-31282,552
Contributions allocatedtoward minimum required contributions for current year2021-12-31282,552
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST 2020 401k membership
Market value of plan assets2020-12-31633,449
Acturial value of plan assets2020-12-31633,449
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-31607,665
Number of active participants2020-12-314
Total funding liabilities for active participants2020-12-31607,665
Total participant count2020-12-314
Total funding target for all participants2020-12-31607,665
Balance at beginning of prior year after applicable adjustments2020-12-310
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 balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3115,067
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3115,067
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-3115,000
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 year2020-12-310
Balance of prefunding at beginning of current year2020-12-3115,000
Total employer contributions2020-12-31317,350
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 date2020-12-31307,148
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 cost2020-12-31295,606
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31285,668
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31285,668
Contributions allocatedtoward minimum required contributions for current year2020-12-31307,148
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: EDMONDS & EDMONDS LLP CASH BALANCE PLAN & TRUST 2019 401k membership
Market value of plan assets2019-12-31289,901
Acturial value of plan assets2019-12-31289,901
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-31288,764
Number of active participants2019-12-314
Total funding liabilities for active participants2019-12-31288,764
Total participant count2019-12-314
Total funding target for all participants2019-12-31288,764
Balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-3112,142
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3112,142
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 year2019-12-310
Total employer contributions2019-12-31320,000
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 date2019-12-31310,116
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 cost2019-12-31296,186
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31295,049
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31295,049
Contributions allocatedtoward minimum required contributions for current year2019-12-31310,116
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310

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