DAVID WILSON has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan DAVID WILSON DEFINED BENEFIT PENSION PLAN
Measure | Date | Value |
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2023: DAVID WILSON DEFINED BENEFIT PENSION PLAN 2023 401k membership |
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Market value of plan assets | 2023-11-30 | 1,238,379 |
Acturial value of plan assets | 2023-11-30 | 1,238,379 |
Funding target for retired participants and beneficiaries receiving payment | 2023-11-30 | 0 |
Number of terminated vested participants | 2023-11-30 | 1 |
Fundng target for terminated vested participants | 2023-11-30 | 1,175 |
Active participant vested funding target | 2023-11-30 | 1,323,841 |
Number of active participants | 2023-11-30 | 1 |
Total funding liabilities for active participants | 2023-11-30 | 1,323,841 |
Total participant count | 2023-11-30 | 2 |
Total funding target for all participants | 2023-11-30 | 1,325,016 |
Balance at beginning of prior year after applicable adjustments | 2023-11-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-11-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-11-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-11-30 | 0 |
Amount remaining of carryover balance | 2023-11-30 | 0 |
Amount remaining of prefunding balance | 2023-11-30 | 0 |
Present value of excess contributions | 2023-11-30 | 83,307 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-11-30 | 83,307 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-11-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-11-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-11-30 | 0 |
Balance of carryovers at beginning of current year | 2023-11-30 | 0 |
Balance of prefunding at beginning of current year | 2023-11-30 | 0 |
Total employer contributions | 2023-11-30 | 300,000 |
Total employee contributions | 2023-11-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-11-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-11-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-11-30 | 276,729 |
Unpaid minimum required contributions for all prior years | 2023-11-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-11-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-11-30 | 0 |
Minimum required contributions for current year target normal cost | 2023-11-30 | 264,769 |
Net shortfall amortization installment of oustanding balance | 2023-11-30 | 86,637 |
Waiver amortization installment | 2023-11-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-11-30 | 272,775 |
Carryover balance elected to use to offset funding requirement | 2023-11-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-11-30 | 0 |
Additional cash requirement | 2023-11-30 | 272,775 |
Contributions allocatedtoward minimum required contributions for current year | 2023-11-30 | 276,729 |
Unpaid minimum required contributions for current year | 2023-11-30 | 0 |
Unpaid minimum required contributions for all years | 2023-11-30 | 0 |
2022: DAVID WILSON DEFINED BENEFIT PENSION PLAN 2022 401k membership |
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Market value of plan assets | 2022-11-30 | 1,062,810 |
Acturial value of plan assets | 2022-11-30 | 1,062,810 |
Funding target for retired participants and beneficiaries receiving payment | 2022-11-30 | 0 |
Number of terminated vested participants | 2022-11-30 | 1 |
Fundng target for terminated vested participants | 2022-11-30 | 985 |
Active participant vested funding target | 2022-11-30 | 726,728 |
Number of active participants | 2022-11-30 | 1 |
Total funding liabilities for active participants | 2022-11-30 | 908,410 |
Total participant count | 2022-11-30 | 2 |
Total funding target for all participants | 2022-11-30 | 909,395 |
Balance at beginning of prior year after applicable adjustments | 2022-11-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-11-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-11-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-11-30 | 0 |
Amount remaining of carryover balance | 2022-11-30 | 0 |
Amount remaining of prefunding balance | 2022-11-30 | 0 |
Present value of excess contributions | 2022-11-30 | 165,556 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-11-30 | 165,556 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-11-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-11-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-11-30 | 0 |
Balance of carryovers at beginning of current year | 2022-11-30 | 0 |
Balance of prefunding at beginning of current year | 2022-11-30 | 0 |
Total employer contributions | 2022-11-30 | 170,000 |
Total employee contributions | 2022-11-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-11-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-11-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-11-30 | 156,995 |
Unpaid minimum required contributions for all prior years | 2022-11-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-11-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-11-30 | 0 |
Minimum required contributions for current year target normal cost | 2022-11-30 | 227,103 |
Net shortfall amortization installment of oustanding balance | 2022-11-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-11-30 | 73,688 |
Carryover balance elected to use to offset funding requirement | 2022-11-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-11-30 | 0 |
Additional cash requirement | 2022-11-30 | 73,688 |
Contributions allocatedtoward minimum required contributions for current year | 2022-11-30 | 156,995 |
Unpaid minimum required contributions for current year | 2022-11-30 | 0 |
Unpaid minimum required contributions for all years | 2022-11-30 | 0 |
2021: DAVID WILSON DEFINED BENEFIT PENSION PLAN 2021 401k membership |
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Market value of plan assets | 2021-11-30 | 684,179 |
Acturial value of plan assets | 2021-11-30 | 684,179 |
Funding target for retired participants and beneficiaries receiving payment | 2021-11-30 | 0 |
Number of terminated vested participants | 2021-11-30 | 0 |
Fundng target for terminated vested participants | 2021-11-30 | 0 |
Active participant vested funding target | 2021-11-30 | 367,885 |
Number of active participants | 2021-11-30 | 2 |
Total funding liabilities for active participants | 2021-11-30 | 613,141 |
Total participant count | 2021-11-30 | 2 |
Total funding target for all participants | 2021-11-30 | 613,141 |
Balance at beginning of prior year after applicable adjustments | 2021-11-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-11-30 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-11-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-11-30 | 0 |
Amount remaining of carryover balance | 2021-11-30 | 0 |
Amount remaining of prefunding balance | 2021-11-30 | 0 |
Present value of excess contributions | 2021-11-30 | 55,778 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-11-30 | 55,778 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-11-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-11-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-11-30 | 0 |
Balance of carryovers at beginning of current year | 2021-11-30 | 0 |
Balance of prefunding at beginning of current year | 2021-11-30 | 0 |
Total employer contributions | 2021-11-30 | 376,700 |
Total employee contributions | 2021-11-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-11-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-11-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-11-30 | 347,357 |
Unpaid minimum required contributions for all prior years | 2021-11-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-11-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-11-30 | 0 |
Minimum required contributions for current year target normal cost | 2021-11-30 | 252,839 |
Net shortfall amortization installment of oustanding balance | 2021-11-30 | 0 |
Waiver amortization installment | 2021-11-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-11-30 | 181,801 |
Carryover balance elected to use to offset funding requirement | 2021-11-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-11-30 | 0 |
Additional cash requirement | 2021-11-30 | 181,801 |
Contributions allocatedtoward minimum required contributions for current year | 2021-11-30 | 347,357 |
Unpaid minimum required contributions for current year | 2021-11-30 | 0 |
Unpaid minimum required contributions for all years | 2021-11-30 | 0 |