Plan Name | WEST COAST COATINGS DEFINED BENEFIT PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | WEST COAST COATINGS INC. |
Employer identification number (EIN): | 930815903 |
NAIC Classification: | 238300 |
Additional information about WEST COAST COATINGS INC.
Jurisdiction of Incorporation: | Oregon Secretary of State Corporations Division |
Incorporation Date: | 1982-06-09 |
Company Identification Number: | 16124711 |
Legal Registered Office Address: |
15245 SW 74TH AVE TIGARD United States of America (USA) 97224 |
More information about WEST COAST COATINGS INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2023-06-01 | ERIC HUEWE | 2024-09-09 | ||
002 | 2022-06-01 | ERIC HUEWE | 2023-09-07 | ||
002 | 2021-06-01 | ERIC HUEWE | 2022-10-06 | ||
002 | 2020-06-01 | ||||
002 | 2019-06-01 | ||||
002 | 2018-06-01 |
Measure | Date | Value |
---|---|---|
2023: WEST COAST COATINGS DEFINED BENEFIT PLAN 2023 401k membership | ||
Market value of plan assets | 2023-05-31 | 801,217 |
Acturial value of plan assets | 2023-05-31 | 801,217 |
Funding target for retired participants and beneficiaries receiving payment | 2023-05-31 | 0 |
Number of terminated vested participants | 2023-05-31 | 11 |
Fundng target for terminated vested participants | 2023-05-31 | 4,191 |
Active participant vested funding target | 2023-05-31 | 622,364 |
Number of active participants | 2023-05-31 | 16 |
Total funding liabilities for active participants | 2023-05-31 | 778,853 |
Total participant count | 2023-05-31 | 27 |
Total funding target for all participants | 2023-05-31 | 783,044 |
Balance at beginning of prior year after applicable adjustments | 2023-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-05-31 | 218,782 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-05-31 | 129,636 |
Amount remaining of carryover balance | 2023-05-31 | 0 |
Amount remaining of prefunding balance | 2023-05-31 | 89,146 |
Present value of excess contributions | 2023-05-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-05-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-05-31 | 63,680 |
Balance of carryovers at beginning of current year | 2023-05-31 | 0 |
Balance of prefunding at beginning of current year | 2023-05-31 | 17,220 |
Total employer contributions | 2023-05-31 | 245,579 |
Total employee contributions | 2023-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-05-31 | 242,332 |
Unpaid minimum required contributions for all prior years | 2023-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2023-05-31 | 238,307 |
Net shortfall amortization installment of oustanding balance | 2023-05-31 | 0 |
Waiver amortization installment | 2023-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-05-31 | 238,307 |
Carryover balance elected to use to offset funding requirement | 2023-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-05-31 | 0 |
Additional cash requirement | 2023-05-31 | 238,307 |
Contributions allocatedtoward minimum required contributions for current year | 2023-05-31 | 242,332 |
Unpaid minimum required contributions for current year | 2023-05-31 | 0 |
Unpaid minimum required contributions for all years | 2023-05-31 | 0 |
2022: WEST COAST COATINGS DEFINED BENEFIT PLAN 2022 401k membership | ||
Market value of plan assets | 2022-05-31 | 735,243 |
Acturial value of plan assets | 2022-05-31 | 735,243 |
Funding target for retired participants and beneficiaries receiving payment | 2022-05-31 | 0 |
Number of terminated vested participants | 2022-05-31 | 10 |
Fundng target for terminated vested participants | 2022-05-31 | 3,771 |
Active participant vested funding target | 2022-05-31 | 299,962 |
Number of active participants | 2022-05-31 | 14 |
Total funding liabilities for active participants | 2022-05-31 | 500,241 |
Total participant count | 2022-05-31 | 24 |
Total funding target for all participants | 2022-05-31 | 504,012 |
Balance at beginning of prior year after applicable adjustments | 2022-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-05-31 | 151,569 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-05-31 | 0 |
Amount remaining of carryover balance | 2022-05-31 | 0 |
Amount remaining of prefunding balance | 2022-05-31 | 151,569 |
Present value of excess contributions | 2022-05-31 | 177,166 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-05-31 | 177,166 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-05-31 | 177,166 |
Reductions in caryover balances due to elections or deemed elections | 2022-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-05-31 | 151,528 |
Balance of carryovers at beginning of current year | 2022-05-31 | 0 |
Balance of prefunding at beginning of current year | 2022-05-31 | 218,782 |
Total employer contributions | 2022-05-31 | 79,641 |
Total employee contributions | 2022-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-05-31 | 79,204 |
Unpaid minimum required contributions for all prior years | 2022-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-05-31 | 216,216 |
Net shortfall amortization installment of oustanding balance | 2022-05-31 | 0 |
Waiver amortization installment | 2022-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-05-31 | 216,216 |
Carryover balance elected to use to offset funding requirement | 2022-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-05-31 | 137,012 |
Additional cash requirement | 2022-05-31 | 79,204 |
Contributions allocatedtoward minimum required contributions for current year | 2022-05-31 | 79,204 |
Unpaid minimum required contributions for current year | 2022-05-31 | 0 |
Unpaid minimum required contributions for all years | 2022-05-31 | 0 |
2021: WEST COAST COATINGS DEFINED BENEFIT PLAN 2021 401k membership | ||
Market value of plan assets | 2021-05-31 | 581,498 |
Acturial value of plan assets | 2021-05-31 | 581,498 |
Funding target for retired participants and beneficiaries receiving payment | 2021-05-31 | 0 |
Number of terminated vested participants | 2021-05-31 | 6 |
Fundng target for terminated vested participants | 2021-05-31 | 2,605 |
Active participant vested funding target | 2021-05-31 | 114,310 |
Number of active participants | 2021-05-31 | 14 |
Total funding liabilities for active participants | 2021-05-31 | 285,885 |
Total participant count | 2021-05-31 | 20 |
Total funding target for all participants | 2021-05-31 | 288,490 |
Balance at beginning of prior year after applicable adjustments | 2021-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-05-31 | 35,160 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-05-31 | 0 |
Amount remaining of carryover balance | 2021-05-31 | 0 |
Amount remaining of prefunding balance | 2021-05-31 | 35,160 |
Present value of excess contributions | 2021-05-31 | 114,837 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-05-31 | 114,837 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-05-31 | 114,837 |
Reductions in caryover balances due to elections or deemed elections | 2021-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-05-31 | 0 |
Balance of carryovers at beginning of current year | 2021-05-31 | 0 |
Balance of prefunding at beginning of current year | 2021-05-31 | 151,569 |
Total employer contributions | 2021-05-31 | 225,000 |
Total employee contributions | 2021-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-05-31 | 222,968 |
Unpaid minimum required contributions for all prior years | 2021-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-05-31 | 178,420 |
Net shortfall amortization installment of oustanding balance | 2021-05-31 | 0 |
Waiver amortization installment | 2021-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-05-31 | 45,802 |
Additional cash requirement | 2021-05-31 | 45,802 |
Contributions allocatedtoward minimum required contributions for current year | 2021-05-31 | 222,968 |
Unpaid minimum required contributions for current year | 2021-05-31 | 0 |
Unpaid minimum required contributions for all years | 2021-05-31 | 0 |
2020: WEST COAST COATINGS DEFINED BENEFIT PLAN 2020 401k membership | ||
Market value of plan assets | 2020-05-31 | 174,862 |
Acturial value of plan assets | 2020-05-31 | 174,862 |
Funding target for retired participants and beneficiaries receiving payment | 2020-05-31 | 0 |
Number of terminated vested participants | 2020-05-31 | 1 |
Fundng target for terminated vested participants | 2020-05-31 | 3,194 |
Active participant vested funding target | 2020-05-31 | 31,792 |
Number of active participants | 2020-05-31 | 18 |
Total funding liabilities for active participants | 2020-05-31 | 159,351 |
Total participant count | 2020-05-31 | 19 |
Total funding target for all participants | 2020-05-31 | 162,545 |
Balance at beginning of prior year after applicable adjustments | 2020-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-05-31 | 0 |
Amount remaining of carryover balance | 2020-05-31 | 0 |
Amount remaining of prefunding balance | 2020-05-31 | 0 |
Present value of excess contributions | 2020-05-31 | 35,160 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-05-31 | 35,160 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-05-31 | 35,160 |
Reductions in caryover balances due to elections or deemed elections | 2020-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-05-31 | 0 |
Balance of carryovers at beginning of current year | 2020-05-31 | 0 |
Balance of prefunding at beginning of current year | 2020-05-31 | 35,160 |
Total employer contributions | 2020-05-31 | 290,000 |
Total employee contributions | 2020-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-05-31 | 288,101 |
Unpaid minimum required contributions for all prior years | 2020-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-05-31 | 169,271 |
Net shortfall amortization installment of oustanding balance | 2020-05-31 | 24,573 |
Waiver amortization installment | 2020-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-05-31 | 173,264 |
Additional cash requirement | 2020-05-31 | 173,264 |
Contributions allocatedtoward minimum required contributions for current year | 2020-05-31 | 288,101 |
Unpaid minimum required contributions for current year | 2020-05-31 | 0 |
Unpaid minimum required contributions for all years | 2020-05-31 | 0 |
2019: WEST COAST COATINGS DEFINED BENEFIT PLAN 2019 401k membership | ||
Market value of plan assets | 2019-05-31 | 0 |
Acturial value of plan assets | 2019-05-31 | 0 |
Funding target for retired participants and beneficiaries receiving payment | 2019-05-31 | 0 |
Number of terminated vested participants | 2019-05-31 | 1 |
Fundng target for terminated vested participants | 2019-05-31 | 0 |
Active participant vested funding target | 2019-05-31 | 0 |
Number of active participants | 2019-05-31 | 14 |
Total funding liabilities for active participants | 2019-05-31 | 0 |
Total participant count | 2019-05-31 | 15 |
Total funding target for all participants | 2019-05-31 | 0 |
Balance at beginning of prior year after applicable adjustments | 2019-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-05-31 | 0 |
Amount remaining of carryover balance | 2019-05-31 | 0 |
Amount remaining of prefunding balance | 2019-05-31 | 0 |
Present value of excess contributions | 2019-05-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-05-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-05-31 | 0 |
Balance of carryovers at beginning of current year | 2019-05-31 | 0 |
Balance of prefunding at beginning of current year | 2019-05-31 | 0 |
Total employer contributions | 2019-05-31 | 169,847 |
Total employee contributions | 2019-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-05-31 | 166,597 |
Unpaid minimum required contributions for all prior years | 2019-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-05-31 | 131,437 |
Net shortfall amortization installment of oustanding balance | 2019-05-31 | 0 |
Waiver amortization installment | 2019-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-05-31 | 131,437 |
Additional cash requirement | 2019-05-31 | 131,437 |
Contributions allocatedtoward minimum required contributions for current year | 2019-05-31 | 166,597 |
Unpaid minimum required contributions for current year | 2019-05-31 | 0 |
Unpaid minimum required contributions for all years | 2019-05-31 | 0 |