401k Plan data: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN plan

BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN
Plan identification number	001

BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type	Defined 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).

401k Sponsoring company profile

BLACK WARRIOR ELECTRIC MEMBERSHIP CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: BLACK WARRIOR ELECTRIC MEMBERSHIP CORPORATION

Employer identification number (EIN): 630023263

NAIC Classification: 221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 DARYL JONES 2023-05-10 DARYL JONES 2023-05-10
001 2021-01-01 DARYL JONES 2022-03-30 DARYL JONES 2022-03-30
001 2020-01-01 DARYL JONES 2021-04-30 DARYL JONES 2021-04-30
001 2019-01-01 DARYL JONES 2020-05-27 DARYL JONES 2020-05-27
001 2018-01-01 DARYL JONES 2019-02-25 DARYL JONES 2019-02-25
001 2017-01-01 DARYL JONES 2018-04-25 DARYL JONES 2018-04-25
001 2016-01-01 DARYL JONES 2017-04-21 DARYL JONES 2017-04-21
001 2015-01-01 DARYL JONES 2016-04-28 DARYL JONES 2016-04-28
001 2014-01-01 DARYL JONES 2015-05-18
001 2013-01-01 DARYL JONES 2014-04-17
001 2012-01-01 DARYL JONES 2013-07-12
001 2011-01-01 DARYL JONES 2012-05-25
001 2010-01-01 DARYL JONES 2011-07-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	DARYL JONES	2023-05-10	DARYL JONES	2023-05-10
001	2021-01-01	DARYL JONES	2022-03-30	DARYL JONES	2022-03-30
001	2020-01-01	DARYL JONES	2021-04-30	DARYL JONES	2021-04-30
001	2019-01-01	DARYL JONES	2020-05-27	DARYL JONES	2020-05-27
001	2018-01-01	DARYL JONES	2019-02-25	DARYL JONES	2019-02-25
001	2017-01-01	DARYL JONES	2018-04-25	DARYL JONES	2018-04-25
001	2016-01-01	DARYL JONES	2017-04-21	DARYL JONES	2017-04-21
001	2015-01-01	DARYL JONES	2016-04-28	DARYL JONES	2016-04-28
001	2014-01-01	DARYL JONES	2015-05-18
001	2013-01-01	DARYL JONES	2014-04-17
001	2012-01-01	DARYL JONES	2013-07-12
001	2011-01-01	DARYL JONES	2012-05-25
001	2010-01-01	DARYL JONES	2011-07-14

Plan Statistics for BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN

Measure Date Value
2022: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 23,227,739
Acturial value of plan assets 2022-12-31 23,227,739
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 8,147,728
Number of terminated vested participants 2022-12-31 9
Fundng target for terminated vested participants 2022-12-31 831,110
Active participant vested funding target 2022-12-31 9,041,452
Number of active participants 2022-12-31 57
Total funding liabilities for active participants 2022-12-31 9,062,607
Total participant count 2022-12-31 93
Total funding target for all participants 2022-12-31 18,041,445
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 1,998,270
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 1,998,270
Present value of excess contributions 2022-12-31 975,116
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 1,023,774
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 1,023,774
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 3,259,438
Total employer contributions 2022-12-31 1,104,375
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 1,072,523
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 553,681
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 1,072,523
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 20,475,447
Acturial value of plan assets 2021-12-31 20,475,447
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 6,882,447
Number of terminated vested participants 2021-12-31 9
Fundng target for terminated vested participants 2021-12-31 618,500
Active participant vested funding target 2021-12-31 10,404,035
Number of active participants 2021-12-31 58
Total funding liabilities for active participants 2021-12-31 10,424,040
Total participant count 2021-12-31 90
Total funding target for all participants 2021-12-31 17,924,987
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 1,441,899
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 1,441,899
Present value of excess contributions 2021-12-31 570,891
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 601,719
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 601,719
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 222,413
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 1,998,270
Total employer contributions 2021-12-31 1,000,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 975,116
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 552,190
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 975,116
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 17,718,888
Acturial value of plan assets 2020-12-31 17,718,888
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 5,123,078
Number of terminated vested participants 2020-12-31 10
Fundng target for terminated vested participants 2020-12-31 941,907
Active participant vested funding target 2020-12-31 10,182,672
Number of active participants 2020-12-31 62
Total funding liabilities for active participants 2020-12-31 10,212,004
Total participant count 2020-12-31 93
Total funding target for all participants 2020-12-31 16,276,989
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 1,461,895
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 1,461,895
Present value of excess contributions 2020-12-31 150,636
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 159,011
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 159,011
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 430,599
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 1,441,899
Total employer contributions 2020-12-31 1,102,000
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 1,069,285
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 2020-12-31 498,394
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 2020-12-31 498,394
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 2020-12-31 498,394
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 1,069,285
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 14,631,990
Acturial value of plan assets 2019-12-31 14,631,990
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 5,209,126
Number of terminated vested participants 2019-12-31 9
Fundng target for terminated vested participants 2019-12-31 951,637
Active participant vested funding target 2019-12-31 8,698,472
Number of active participants 2019-12-31 62
Total funding liabilities for active participants 2019-12-31 8,734,787
Total participant count 2019-12-31 91
Total funding target for all participants 2019-12-31 14,895,550
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 1,106,978
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 1,106,978
Present value of excess contributions 2019-12-31 368,628
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 389,787
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 389,787
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 1,461,895
Total employer contributions 2019-12-31 1,025,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
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 2019-12-31 991,296
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 560,295
Net shortfall amortization installment of oustanding balance 2019-12-31 1,725,455
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 840,660
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 2019-12-31 840,660
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 991,296
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 14,806,192
Acturial value of plan assets 2018-12-31 14,806,192
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 5,132,373
Number of terminated vested participants 2018-12-31 9
Fundng target for terminated vested participants 2018-12-31 1,065,281
Active participant vested funding target 2018-12-31 7,403,694
Number of active participants 2018-12-31 63
Total funding liabilities for active participants 2018-12-31 7,446,955
Total participant count 2018-12-31 91
Total funding target for all participants 2018-12-31 13,644,609
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 604,716
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 604,716
Present value of excess contributions 2018-12-31 403,073
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 426,975
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 426,975
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 1,106,978
Total employer contributions 2018-12-31 825,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 797,992
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 483,969
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 429,364
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 429,364
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 797,992
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 12,875,506
Acturial value of plan assets 2017-12-31 12,875,506
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 5,148,868
Number of terminated vested participants 2017-12-31 9
Fundng target for terminated vested participants 2017-12-31 906,394
Active participant vested funding target 2017-12-31 6,177,699
Number of active participants 2017-12-31 62
Total funding liabilities for active participants 2017-12-31 6,215,528
Total participant count 2017-12-31 91
Total funding target for all participants 2017-12-31 12,270,790
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 905,726
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 905,726
Present value of excess contributions 2017-12-31 517,149
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 548,799
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 548,799
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 914,297
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 604,716
Total employer contributions 2017-12-31 800,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 779,787
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 376,714
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 376,714
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 376,714
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 779,787
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 11,557,199
Acturial value of plan assets 2016-12-31 11,557,199
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 5,224,294
Number of terminated vested participants 2016-12-31 8
Fundng target for terminated vested participants 2016-12-31 825,794
Active participant vested funding target 2016-12-31 5,184,003
Number of active participants 2016-12-31 60
Total funding liabilities for active participants 2016-12-31 5,215,180
Total participant count 2016-12-31 88
Total funding target for all participants 2016-12-31 11,265,268
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 916,078
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 916,078
Present value of excess contributions 2016-12-31 610,944
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 649,495
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 649,495
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 649,495
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 905,726
Total employer contributions 2016-12-31 1,000,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 968,046
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 349,484
Net shortfall amortization installment of oustanding balance 2016-12-31 613,795
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 450,897
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 450,897
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 968,046
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	23,227,739
Acturial value of plan assets	2022-12-31	23,227,739
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	8,147,728
Number of terminated vested participants	2022-12-31	9
Fundng target for terminated vested participants	2022-12-31	831,110
Active participant vested funding target	2022-12-31	9,041,452
Number of active participants	2022-12-31	57
Total funding liabilities for active participants	2022-12-31	9,062,607
Total participant count	2022-12-31	93
Total funding target for all participants	2022-12-31	18,041,445
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	1,998,270
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	1,998,270
Present value of excess contributions	2022-12-31	975,116
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	1,023,774
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	1,023,774
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	3,259,438
Total employer contributions	2022-12-31	1,104,375
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	1,072,523
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	553,681
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	1,072,523
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	20,475,447
Acturial value of plan assets	2021-12-31	20,475,447
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	6,882,447
Number of terminated vested participants	2021-12-31	9
Fundng target for terminated vested participants	2021-12-31	618,500
Active participant vested funding target	2021-12-31	10,404,035
Number of active participants	2021-12-31	58
Total funding liabilities for active participants	2021-12-31	10,424,040
Total participant count	2021-12-31	90
Total funding target for all participants	2021-12-31	17,924,987
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	1,441,899
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	1,441,899
Present value of excess contributions	2021-12-31	570,891
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	601,719
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	601,719
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	222,413
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	1,998,270
Total employer contributions	2021-12-31	1,000,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	975,116
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	552,190
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	975,116
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	17,718,888
Acturial value of plan assets	2020-12-31	17,718,888
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	5,123,078
Number of terminated vested participants	2020-12-31	10
Fundng target for terminated vested participants	2020-12-31	941,907
Active participant vested funding target	2020-12-31	10,182,672
Number of active participants	2020-12-31	62
Total funding liabilities for active participants	2020-12-31	10,212,004
Total participant count	2020-12-31	93
Total funding target for all participants	2020-12-31	16,276,989
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	1,461,895
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	1,461,895
Present value of excess contributions	2020-12-31	150,636
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	159,011
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	159,011
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	430,599
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	1,441,899
Total employer contributions	2020-12-31	1,102,000
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	1,069,285
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	498,394
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	498,394
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	498,394
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	1,069,285
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	14,631,990
Acturial value of plan assets	2019-12-31	14,631,990
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	5,209,126
Number of terminated vested participants	2019-12-31	9
Fundng target for terminated vested participants	2019-12-31	951,637
Active participant vested funding target	2019-12-31	8,698,472
Number of active participants	2019-12-31	62
Total funding liabilities for active participants	2019-12-31	8,734,787
Total participant count	2019-12-31	91
Total funding target for all participants	2019-12-31	14,895,550
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	1,106,978
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	1,106,978
Present value of excess contributions	2019-12-31	368,628
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	389,787
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	389,787
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	1,461,895
Total employer contributions	2019-12-31	1,025,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
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	991,296
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	560,295
Net shortfall amortization installment of oustanding balance	2019-12-31	1,725,455
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	840,660
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	840,660
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	991,296
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	14,806,192
Acturial value of plan assets	2018-12-31	14,806,192
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	5,132,373
Number of terminated vested participants	2018-12-31	9
Fundng target for terminated vested participants	2018-12-31	1,065,281
Active participant vested funding target	2018-12-31	7,403,694
Number of active participants	2018-12-31	63
Total funding liabilities for active participants	2018-12-31	7,446,955
Total participant count	2018-12-31	91
Total funding target for all participants	2018-12-31	13,644,609
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	604,716
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	604,716
Present value of excess contributions	2018-12-31	403,073
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	426,975
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	426,975
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	1,106,978
Total employer contributions	2018-12-31	825,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	797,992
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	483,969
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	429,364
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	429,364
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	797,992
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	12,875,506
Acturial value of plan assets	2017-12-31	12,875,506
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	5,148,868
Number of terminated vested participants	2017-12-31	9
Fundng target for terminated vested participants	2017-12-31	906,394
Active participant vested funding target	2017-12-31	6,177,699
Number of active participants	2017-12-31	62
Total funding liabilities for active participants	2017-12-31	6,215,528
Total participant count	2017-12-31	91
Total funding target for all participants	2017-12-31	12,270,790
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	905,726
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	905,726
Present value of excess contributions	2017-12-31	517,149
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	548,799
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	548,799
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	914,297
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	604,716
Total employer contributions	2017-12-31	800,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	779,787
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	376,714
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	376,714
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	376,714
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	779,787
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: BLACK WARRIOR ELECTRIC MEMBERSHIP CORP. DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	11,557,199
Acturial value of plan assets	2016-12-31	11,557,199
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	5,224,294
Number of terminated vested participants	2016-12-31	8
Fundng target for terminated vested participants	2016-12-31	825,794
Active participant vested funding target	2016-12-31	5,184,003
Number of active participants	2016-12-31	60
Total funding liabilities for active participants	2016-12-31	5,215,180
Total participant count	2016-12-31	88
Total funding target for all participants	2016-12-31	11,265,268
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	916,078
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	916,078
Present value of excess contributions	2016-12-31	610,944
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	649,495
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	649,495
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	649,495
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	905,726
Total employer contributions	2016-12-31	1,000,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	968,046
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	349,484
Net shortfall amortization installment of oustanding balance	2016-12-31	613,795
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	450,897
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	450,897
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	968,046
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	BLACK WARRIOR ELECTRIC MEMBERSHIP CORPORATION
Employer identification number (EIN):	630023263
NAIC Classification:	221100