DIVERSIFIED RETIREMENT SERVICES PENSION PLAN 401k Plan overview

DIVERSIFIED RETIREMENT SERVICES PENSION PLAN Benefits

401k Sponsoring company profile

Company Name:	PETER J. POTESTATO, LLC DBA DIVERSIFIED RETIRE
Employer identification number (EIN):	813123753
NAIC Classification:	523110
NAIC Description:	Investment Banking and Securities Dealing

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2021-01-01
001	2020-01-01

Plan Statistics for DIVERSIFIED RETIREMENT SERVICES PENSION PLAN

Measure	Date	Value
2020: DIVERSIFIED RETIREMENT SERVICES PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,047,987
Acturial value of plan assets	2020-12-31	1,047,987
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	923,713
Number of active participants	2020-12-31	2
Total funding liabilities for active participants	2020-12-31	941,061
Total participant count	2020-12-31	2
Total funding target for all participants	2020-12-31	941,061
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	0
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	0
Present value of excess contributions	2020-12-31	3,981
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	3,981
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
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	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	152,407
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	151,523
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	235,266
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	128,340
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	128,340
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	151,523
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0

Potentially related plans

• DIVERSIFIED RETIREMENT CORPORATION COLLECTIVE TRUST FUND [EIN = 133689044]

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