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THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameTHOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN
Plan identification number 002

THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

THOMAS J. LONGMAN,CPA,PA has sponsored the creation of one or more 401k plans.

Company Name:THOMAS J. LONGMAN,CPA,PA
Employer identification number (EIN):650454609
NAIC Classification:541211
NAIC Description:Offices of Certified Public Accountants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01THOMAS LONGMAN2019-10-08
0022017-01-01THOMAS LONGMAN2018-10-15
0022016-01-01THOMAS LONGMAN2017-12-22
0022015-01-01THOMAS LONGMAN2016-10-17
0022014-01-01THOMAS LONGMAN2015-10-13
0022013-01-01THOMAS LONGMAN2014-10-13
0022012-01-01THOMAS LONGMAN2013-09-03
0022011-01-01THOMAS LONGMAN2012-08-13
0022010-01-01THOMAS LONGMAN2011-10-17

Plan Statistics for THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN

Measure Date Value
2022: THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-314,773,362
Acturial value of plan assets2022-12-314,773,362
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 target2022-12-31643,669
Number of active participants2022-12-312
Total funding liabilities for active participants2022-12-31643,669
Total participant count2022-12-312
Total funding target for all participants2022-12-31643,669
Balance at beginning of prior year after applicable adjustments2022-12-317,481
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-317,481
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-31258,720
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31258,720
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 year2022-12-318,972
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-31200,000
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 date2022-12-31196,825
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 cost2022-12-314,524
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-31196,825
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-314,542,533
Acturial value of plan assets2021-12-314,148,567
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 target2021-12-31636,162
Number of active participants2021-12-312
Total funding liabilities for active participants2021-12-31636,162
Total participant count2021-12-312
Total funding target for all participants2021-12-31636,162
Balance at beginning of prior year after applicable adjustments2021-12-316,746
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
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 balance2021-12-316,746
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-31111,553
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31111,553
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-317,481
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-31265,000
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 date2021-12-31258,720
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 cost2021-12-313,497
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31258,720
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-313,683,638
Acturial value of plan assets2020-12-313,315,274
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 target2020-12-31633,393
Number of active participants2020-12-312
Total funding liabilities for active participants2020-12-31633,393
Total participant count2020-12-312
Total funding target for all participants2020-12-31633,393
Balance at beginning of prior year after applicable adjustments2020-12-315,353
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 balance2020-12-315,353
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3124,926
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3124,926
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
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 year2020-12-316,746
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-31115,000
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 date2020-12-31111,553
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 cost2020-12-312,768
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-31111,553
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-313,213,464
Acturial value of plan assets2019-12-313,038,096
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 target2019-12-31653,951
Number of active participants2019-12-312
Total funding liabilities for active participants2019-12-31653,951
Total participant count2019-12-312
Total funding target for all participants2019-12-31653,951
Balance at beginning of prior year after applicable adjustments2019-12-316,075
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 balance2019-12-316,075
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31135,663
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31135,663
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 year2019-12-315,353
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-3125,000
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 date2019-12-3124,926
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 cost2019-12-312,519
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 year2019-12-3124,926
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-312,398,057
Acturial value of plan assets2018-12-312,627,108
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31678,473
Number of active participants2018-12-312
Total funding liabilities for active participants2018-12-31678,473
Total participant count2018-12-312
Total funding target for all participants2018-12-31678,473
Balance at beginning of prior year after applicable adjustments2018-12-314,879
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-314,879
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-31144,077
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31144,077
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 year2018-12-316,075
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31140,000
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 date2018-12-31135,663
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 cost2018-12-311,935
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-31135,663
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-312,591,281
Acturial value of plan assets2017-12-312,332,153
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-31624,062
Number of active participants2017-12-312
Total funding liabilities for active participants2017-12-31624,062
Total participant count2017-12-312
Total funding target for all participants2017-12-31624,062
Balance at beginning of prior year after applicable adjustments2017-12-314,227
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 balance2017-12-314,227
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-31158,466
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31158,466
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 year2017-12-314,879
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31150,000
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 date2017-12-31144,077
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 cost2017-12-311,673
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31144,077
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: THOMAS J. LONGMAN,CPA,PA DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-311,939,433
Acturial value of plan assets2016-12-311,884,062
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-31590,131
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-31590,131
Total participant count2016-12-312
Total funding target for all participants2016-12-31590,131
Balance at beginning of prior year after applicable adjustments2016-12-314,379
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
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 balance2016-12-314,379
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-31249,623
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31249,623
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 year2016-12-314,227
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31165,000
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 date2016-12-31158,466
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 cost2016-12-311,564
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31158,466
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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