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PALM SPRINGS WELDING, INC. CASH BALANCE PENSION PLAN 401k Plan overview

Plan NamePALM SPRINGS WELDING, INC. CASH BALANCE PENSION PLAN
Plan identification number 002

PALM SPRINGS WELDING, INC. CASH BALANCE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • 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).

401k Sponsoring company profile

PALM SPRINGS WELDING, INC. has sponsored the creation of one or more 401k plans.

Company Name:PALM SPRINGS WELDING, INC.
Employer identification number (EIN):952646722
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PALM SPRINGS WELDING, INC. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022018-07-01CHANTAL FRANCISCO2021-07-19 CHANTAL FRANCISCO2021-07-19
0022017-07-01
0022016-07-01
0022015-07-01CHANTAL FRANCISCO2017-04-13
0022014-07-01CHANTAL FRANCISCO2016-04-14
0022013-07-01MARCEL LATULIPPE2015-04-14
0022012-07-01MARCEL LATULIPPE2014-04-14
0022011-07-01MARCEL LATULIPPE2013-04-09
0022010-07-01MARCEL LATULIPPE2012-04-12

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