401k Plan data: PRODUCERS RETIREMENT PLAN TRUST plan

PRODUCERS RETIREMENT PLAN TRUST 401k Plan overview

Plan Name	PRODUCERS RETIREMENT PLAN TRUST
Plan identification number	001

PRODUCERS RETIREMENT PLAN TRUST 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).
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

LOCKNEY CO-OP GIN has sponsored the creation of one or more 401k plans.

Company Name: LOCKNEY CO-OP GIN

Employer identification number (EIN): 750970152

NAIC Classification: 115110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRODUCERS RETIREMENT PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-05-01 CLAY LOWRANCE 2018-07-09
001 2016-05-01 TOM BYARS 2017-08-08
001 2015-05-01 TOM BYARS 2016-11-11
001 2014-05-01 TOM BYARS 2016-02-09
001 2013-05-01 TOM BYARS 2014-11-11
001 2012-05-01 TOM BYARS 2013-11-15
001 2011-05-01 TOM BYARS 2012-12-13
001 2010-05-01 TOM BYARS 2011-09-26

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2017-05-01	CLAY LOWRANCE	2018-07-09
001	2016-05-01	TOM BYARS	2017-08-08
001	2015-05-01	TOM BYARS	2016-11-11
001	2014-05-01	TOM BYARS	2016-02-09
001	2013-05-01	TOM BYARS	2014-11-11
001	2012-05-01	TOM BYARS	2013-11-15
001	2011-05-01	TOM BYARS	2012-12-13
001	2010-05-01	TOM BYARS	2011-09-26

Plan Statistics for PRODUCERS RETIREMENT PLAN TRUST

401k plan membership statisitcs for PRODUCERS RETIREMENT PLAN TRUST

Measure Date Value
2018: PRODUCERS RETIREMENT PLAN TRUST 2018 401k membership
Market value of plan assets 2018-04-01 1,132,077
Acturial value of plan assets 2018-04-01 1,132,077
Funding target for retired participants and beneficiaries receiving payment 2018-04-01 806,442
Number of terminated vested participants 2018-04-01 5
Fundng target for terminated vested participants 2018-04-01 329,059
Active participant vested funding target 2018-04-01 210,377
Number of active participants 2018-04-01 3
Total funding liabilities for active participants 2018-04-01 210,377
Total participant count 2018-04-01 18
Total funding target for all participants 2018-04-01 1,345,878
Balance at beginning of prior year after applicable adjustments 2018-04-01 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-04-01 59,971
Carryover balanced portion elected for use to offset prior years funding requirement 2018-04-01 0
Prefunding balanced used to offset prior years funding requirement 2018-04-01 0
Amount remaining of carryover balance 2018-04-01 0
Amount remaining of prefunding balance 2018-04-01 59,971
Present value of excess contributions 2018-04-01 2,767
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-04-01 2,928
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-04-01 2,928
Reductions in prefunding balances due to elections or deemed elections 2018-04-01 10,104
Balance of carryovers at beginning of current year 2018-04-01 0
Balance of prefunding at beginning of current year 2018-04-01 55,374
Total employer contributions 2018-04-01 563,300
Total employee contributions 2018-04-01 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-04-01 0
Contributions made to avoid restrictions adjusted to valuation date 2018-04-01 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-04-01 536,569
Unpaid minimum required contributions for all prior years 2018-04-01 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-04-01 0
Remaining amount of unpaid minimum required contributions 2018-04-01 0
Minimum required contributions for current year target normal cost 2018-04-01 16,000
Net shortfall amortization installment of oustanding balance 2018-04-01 269,175
Waiver amortization installment 2018-04-01 0
Total funding amount beforereflecting carryover/prefunding balances 2018-04-01 51,530
Additional cash requirement 2018-04-01 51,530
Contributions allocatedtoward minimum required contributions for current year 2018-04-01 536,569
Unpaid minimum required contributions for current year 2018-04-01 0
Unpaid minimum required contributions for all years 2018-04-01 0
2017: PRODUCERS RETIREMENT PLAN TRUST 2017 401k membership
Market value of plan assets 2017-04-30 1,326,317
Acturial value of plan assets 2017-04-30 1,326,317
Funding target for retired participants and beneficiaries receiving payment 2017-04-30 676,532
Number of terminated vested participants 2017-04-30 8
Fundng target for terminated vested participants 2017-04-30 486,152
Active participant vested funding target 2017-04-30 324,819
Number of active participants 2017-04-30 4
Total funding liabilities for active participants 2017-04-30 324,819
Total participant count 2017-04-30 21
Total funding target for all participants 2017-04-30 1,487,503
Balance at beginning of prior year after applicable adjustments 2017-04-30 17,693
Prefunding balance at beginning of prior year after applicable adjustments 2017-04-30 17,855
Carryover balanced portion elected for use to offset prior years funding requirement 2017-04-30 0
Prefunding balanced used to offset prior years funding requirement 2017-04-30 0
Amount remaining of carryover balance 2017-04-30 17,693
Amount remaining of prefunding balance 2017-04-30 17,855
Present value of excess contributions 2017-04-30 40,931
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-04-30 43,481
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-04-30 43,481
Reductions in caryover balances due to elections or deemed elections 2017-04-30 17,235
Reductions in prefunding balances due to elections or deemed elections 2017-04-30 903
Balance of carryovers at beginning of current year 2017-04-30 0
Balance of prefunding at beginning of current year 2017-04-30 59,971
Total employer contributions 2017-04-30 60,000
Total employee contributions 2017-04-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-04-30 0
Contributions made to avoid restrictions adjusted to valuation date 2017-04-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-04-30 57,864
Unpaid minimum required contributions for all prior years 2017-04-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-04-30 0
Remaining amount of unpaid minimum required contributions 2017-04-30 0
Minimum required contributions for current year target normal cost 2017-04-30 16,000
Net shortfall amortization installment of oustanding balance 2017-04-30 221,157
Waiver amortization installment 2017-04-30 0
Total funding amount beforereflecting carryover/prefunding balances 2017-04-30 55,097
Carryover balance elected to use to offset funding requirement 2017-04-30 0
Prefunding balance elected to use to offset funding requirement 2017-04-30 0
Additional cash requirement 2017-04-30 55,097
Contributions allocatedtoward minimum required contributions for current year 2017-04-30 57,864
Unpaid minimum required contributions for current year 2017-04-30 0
Unpaid minimum required contributions for all years 2017-04-30 0

Measure	Date	Value
2018: PRODUCERS RETIREMENT PLAN TRUST 2018 401k membership
Market value of plan assets	2018-04-01	1,132,077
Acturial value of plan assets	2018-04-01	1,132,077
Funding target for retired participants and beneficiaries receiving payment	2018-04-01	806,442
Number of terminated vested participants	2018-04-01	5
Fundng target for terminated vested participants	2018-04-01	329,059
Active participant vested funding target	2018-04-01	210,377
Number of active participants	2018-04-01	3
Total funding liabilities for active participants	2018-04-01	210,377
Total participant count	2018-04-01	18
Total funding target for all participants	2018-04-01	1,345,878
Balance at beginning of prior year after applicable adjustments	2018-04-01	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-04-01	59,971
Carryover balanced portion elected for use to offset prior years funding requirement	2018-04-01	0
Prefunding balanced used to offset prior years funding requirement	2018-04-01	0
Amount remaining of carryover balance	2018-04-01	0
Amount remaining of prefunding balance	2018-04-01	59,971
Present value of excess contributions	2018-04-01	2,767
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-04-01	2,928
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-04-01	2,928
Reductions in prefunding balances due to elections or deemed elections	2018-04-01	10,104
Balance of carryovers at beginning of current year	2018-04-01	0
Balance of prefunding at beginning of current year	2018-04-01	55,374
Total employer contributions	2018-04-01	563,300
Total employee contributions	2018-04-01	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-04-01	0
Contributions made to avoid restrictions adjusted to valuation date	2018-04-01	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-04-01	536,569
Unpaid minimum required contributions for all prior years	2018-04-01	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-04-01	0
Remaining amount of unpaid minimum required contributions	2018-04-01	0
Minimum required contributions for current year target normal cost	2018-04-01	16,000
Net shortfall amortization installment of oustanding balance	2018-04-01	269,175
Waiver amortization installment	2018-04-01	0
Total funding amount beforereflecting carryover/prefunding balances	2018-04-01	51,530
Additional cash requirement	2018-04-01	51,530
Contributions allocatedtoward minimum required contributions for current year	2018-04-01	536,569
Unpaid minimum required contributions for current year	2018-04-01	0
Unpaid minimum required contributions for all years	2018-04-01	0
2017: PRODUCERS RETIREMENT PLAN TRUST 2017 401k membership
Market value of plan assets	2017-04-30	1,326,317
Acturial value of plan assets	2017-04-30	1,326,317
Funding target for retired participants and beneficiaries receiving payment	2017-04-30	676,532
Number of terminated vested participants	2017-04-30	8
Fundng target for terminated vested participants	2017-04-30	486,152
Active participant vested funding target	2017-04-30	324,819
Number of active participants	2017-04-30	4
Total funding liabilities for active participants	2017-04-30	324,819
Total participant count	2017-04-30	21
Total funding target for all participants	2017-04-30	1,487,503
Balance at beginning of prior year after applicable adjustments	2017-04-30	17,693
Prefunding balance at beginning of prior year after applicable adjustments	2017-04-30	17,855
Carryover balanced portion elected for use to offset prior years funding requirement	2017-04-30	0
Prefunding balanced used to offset prior years funding requirement	2017-04-30	0
Amount remaining of carryover balance	2017-04-30	17,693
Amount remaining of prefunding balance	2017-04-30	17,855
Present value of excess contributions	2017-04-30	40,931
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-04-30	43,481
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-04-30	43,481
Reductions in caryover balances due to elections or deemed elections	2017-04-30	17,235
Reductions in prefunding balances due to elections or deemed elections	2017-04-30	903
Balance of carryovers at beginning of current year	2017-04-30	0
Balance of prefunding at beginning of current year	2017-04-30	59,971
Total employer contributions	2017-04-30	60,000
Total employee contributions	2017-04-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-04-30	0
Contributions made to avoid restrictions adjusted to valuation date	2017-04-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-04-30	57,864
Unpaid minimum required contributions for all prior years	2017-04-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-04-30	0
Remaining amount of unpaid minimum required contributions	2017-04-30	0
Minimum required contributions for current year target normal cost	2017-04-30	16,000
Net shortfall amortization installment of oustanding balance	2017-04-30	221,157
Waiver amortization installment	2017-04-30	0
Total funding amount beforereflecting carryover/prefunding balances	2017-04-30	55,097
Carryover balance elected to use to offset funding requirement	2017-04-30	0
Prefunding balance elected to use to offset funding requirement	2017-04-30	0
Additional cash requirement	2017-04-30	55,097
Contributions allocatedtoward minimum required contributions for current year	2017-04-30	57,864
Unpaid minimum required contributions for current year	2017-04-30	0
Unpaid minimum required contributions for all years	2017-04-30	0

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Company Name:	LOCKNEY CO-OP GIN
Employer identification number (EIN):	750970152
NAIC Classification:	115110