401k Plan data: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN plan

SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 401k Plan overview

Plan Name	SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN
Plan identification number	001

SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily flat dollar (includes dollars per year of service)
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
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

SEAMAN PAPER COMPANY OF MA, INC. has sponsored the creation of one or more 401k plans.

Company Name: SEAMAN PAPER COMPANY OF MA, INC.

Employer identification number (EIN): 042184201

NAIC Classification: 322100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-04-01 SANDY BOUDREAU 2024-01-16
001 2021-04-01 MICHAEL PAWLITSCHEK 2023-01-13
001 2020-04-01 MICHAEL PAWLITSCHEK 2022-01-14
001 2019-04-01 MICHAEL PAWLITSCHEK 2021-01-13
001 2018-04-01 JOE LICHWELL 2020-01-13
001 2017-04-01 JOE LICHWELL 2019-01-08
001 2016-04-01 JOE LICHWELL 2018-01-08
001 2015-04-01 JOE LICHWELL 2017-01-09
001 2014-04-01 JOE LICHWELL 2016-01-12
001 2013-04-01 JOE LICHWELL 2015-01-14
001 2012-04-01 JOE LICHWELL 2014-01-10
001 2011-04-01 JOE LICHWELL 2013-01-05
001 2010-04-01 JOE LICHWELL 2012-01-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-04-01	SANDY BOUDREAU	2024-01-16
001	2021-04-01	MICHAEL PAWLITSCHEK	2023-01-13
001	2020-04-01	MICHAEL PAWLITSCHEK	2022-01-14
001	2019-04-01	MICHAEL PAWLITSCHEK	2021-01-13
001	2018-04-01	JOE LICHWELL	2020-01-13
001	2017-04-01	JOE LICHWELL	2019-01-08
001	2016-04-01	JOE LICHWELL	2018-01-08
001	2015-04-01	JOE LICHWELL	2017-01-09
001	2014-04-01	JOE LICHWELL	2016-01-12
001	2013-04-01	JOE LICHWELL	2015-01-14
001	2012-04-01	JOE LICHWELL	2014-01-10
001	2011-04-01	JOE LICHWELL	2013-01-05
001	2010-04-01	JOE LICHWELL	2012-01-13

Plan Statistics for SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN

401k plan membership statisitcs for SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN

Measure Date Value
2023: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2023 401k membership
Market value of plan assets 2023-03-31 5,801,259
Acturial value of plan assets 2023-03-31 5,801,259
Funding target for retired participants and beneficiaries receiving payment 2023-03-31 1,068,159
Number of terminated vested participants 2023-03-31 40
Fundng target for terminated vested participants 2023-03-31 862,063
Active participant vested funding target 2023-03-31 2,938,412
Number of active participants 2023-03-31 42
Total funding liabilities for active participants 2023-03-31 2,985,169
Total participant count 2023-03-31 97
Total funding target for all participants 2023-03-31 4,915,391
Balance at beginning of prior year after applicable adjustments 2023-03-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2023-03-31 1,358,132
Carryover balanced portion elected for use to offset prior years funding requirement 2023-03-31 0
Prefunding balanced used to offset prior years funding requirement 2023-03-31 121,581
Amount remaining of carryover balance 2023-03-31 0
Amount remaining of prefunding balance 2023-03-31 1,236,551
Present value of excess contributions 2023-03-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2023-03-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2023-03-31 0
Reductions in caryover balances due to elections or deemed elections 2023-03-31 0
Reductions in prefunding balances due to elections or deemed elections 2023-03-31 392,662
Balance of carryovers at beginning of current year 2023-03-31 0
Balance of prefunding at beginning of current year 2023-03-31 885,868
Total employer contributions 2023-03-31 0
Total employee contributions 2023-03-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2023-03-31 0
Contributions made to avoid restrictions adjusted to valuation date 2023-03-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2023-03-31 0
Unpaid minimum required contributions for all prior years 2023-03-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2023-03-31 0
Remaining amount of unpaid minimum required contributions 2023-03-31 0
Minimum required contributions for current year target normal cost 2023-03-31 96,731
Net shortfall amortization installment of oustanding balance 2023-03-31 0
Waiver amortization installment 2023-03-31 0
Total funding amount beforereflecting carryover/prefunding balances 2023-03-31 96,731
Carryover balance elected to use to offset funding requirement 2023-03-31 0
Prefunding balance elected to use to offset funding requirement 2023-03-31 96,731
Additional cash requirement 2023-03-31 0
Contributions allocatedtoward minimum required contributions for current year 2023-03-31 0
Unpaid minimum required contributions for current year 2023-03-31 0
Unpaid minimum required contributions for all years 2023-03-31 0
2022: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2022 401k membership
Market value of plan assets 2022-03-31 6,265,119
Acturial value of plan assets 2022-03-31 6,265,119
Funding target for retired participants and beneficiaries receiving payment 2022-03-31 1,085,707
Number of terminated vested participants 2022-03-31 38
Fundng target for terminated vested participants 2022-03-31 745,172
Active participant vested funding target 2022-03-31 3,051,321
Number of active participants 2022-03-31 37
Total funding liabilities for active participants 2022-03-31 3,076,108
Total participant count 2022-03-31 90
Total funding target for all participants 2022-03-31 4,906,987
Balance at beginning of prior year after applicable adjustments 2022-03-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-03-31 1,424,860
Carryover balanced portion elected for use to offset prior years funding requirement 2022-03-31 0
Prefunding balanced used to offset prior years funding requirement 2022-03-31 362,880
Amount remaining of carryover balance 2022-03-31 0
Amount remaining of prefunding balance 2022-03-31 1,061,980
Present value of excess contributions 2022-03-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-03-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-03-31 0
Reductions in caryover balances due to elections or deemed elections 2022-03-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-03-31 31,856
Balance of carryovers at beginning of current year 2022-03-31 0
Balance of prefunding at beginning of current year 2022-03-31 1,358,132
Total employer contributions 2022-03-31 0
Total employee contributions 2022-03-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-03-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-03-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-03-31 0
Unpaid minimum required contributions for all prior years 2022-03-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-03-31 0
Remaining amount of unpaid minimum required contributions 2022-03-31 0
Minimum required contributions for current year target normal cost 2022-03-31 121,581
Net shortfall amortization installment of oustanding balance 2022-03-31 0
Waiver amortization installment 2022-03-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-03-31 121,581
Carryover balance elected to use to offset funding requirement 2022-03-31 0
Prefunding balance elected to use to offset funding requirement 2022-03-31 121,581
Additional cash requirement 2022-03-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-03-31 0
Unpaid minimum required contributions for current year 2022-03-31 0
Unpaid minimum required contributions for all years 2022-03-31 0
2021: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2021 401k membership
Market value of plan assets 2021-03-31 5,786,173
Acturial value of plan assets 2021-03-31 5,786,173
Funding target for retired participants and beneficiaries receiving payment 2021-03-31 992,904
Number of terminated vested participants 2021-03-31 37
Fundng target for terminated vested participants 2021-03-31 779,507
Active participant vested funding target 2021-03-31 3,548,373
Number of active participants 2021-03-31 49
Total funding liabilities for active participants 2021-03-31 3,582,092
Total participant count 2021-03-31 99
Total funding target for all participants 2021-03-31 5,354,503
Balance at beginning of prior year after applicable adjustments 2021-03-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-03-31 1,623,272
Carryover balanced portion elected for use to offset prior years funding requirement 2021-03-31 0
Prefunding balanced used to offset prior years funding requirement 2021-03-31 121,839
Amount remaining of carryover balance 2021-03-31 0
Amount remaining of prefunding balance 2021-03-31 1,501,433
Present value of excess contributions 2021-03-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-03-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-03-31 0
Reductions in caryover balances due to elections or deemed elections 2021-03-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-03-31 0
Balance of carryovers at beginning of current year 2021-03-31 0
Balance of prefunding at beginning of current year 2021-03-31 1,424,860
Total employer contributions 2021-03-31 0
Total employee contributions 2021-03-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-03-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-03-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-03-31 0
Unpaid minimum required contributions for all prior years 2021-03-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-03-31 0
Remaining amount of unpaid minimum required contributions 2021-03-31 0
Minimum required contributions for current year target normal cost 2021-03-31 141,933
Net shortfall amortization installment of oustanding balance 2021-03-31 993,166
Waiver amortization installment 2021-03-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-03-31 362,880
Carryover balance elected to use to offset funding requirement 2021-03-31 0
Prefunding balance elected to use to offset funding requirement 2021-03-31 362,880
Additional cash requirement 2021-03-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-03-31 0
Unpaid minimum required contributions for current year 2021-03-31 0
Unpaid minimum required contributions for all years 2021-03-31 0
2020: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2020 401k membership
Market value of plan assets 2020-03-31 6,475,323
Acturial value of plan assets 2020-03-31 6,475,323
Funding target for retired participants and beneficiaries receiving payment 2020-03-31 1,009,853
Number of terminated vested participants 2020-03-31 37
Fundng target for terminated vested participants 2020-03-31 837,995
Active participant vested funding target 2020-03-31 3,366,915
Number of active participants 2020-03-31 47
Total funding liabilities for active participants 2020-03-31 3,382,023
Total participant count 2020-03-31 97
Total funding target for all participants 2020-03-31 5,229,871
Balance at beginning of prior year after applicable adjustments 2020-03-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-03-31 1,626,910
Carryover balanced portion elected for use to offset prior years funding requirement 2020-03-31 0
Prefunding balanced used to offset prior years funding requirement 2020-03-31 0
Amount remaining of carryover balance 2020-03-31 0
Amount remaining of prefunding balance 2020-03-31 1,626,910
Present value of excess contributions 2020-03-31 97,565
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-03-31 103,263
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-03-31 103,263
Reductions in caryover balances due to elections or deemed elections 2020-03-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-03-31 200,000
Balance of carryovers at beginning of current year 2020-03-31 0
Balance of prefunding at beginning of current year 2020-03-31 1,623,272
Total employer contributions 2020-03-31 175,000
Total employee contributions 2020-03-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-03-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-03-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-03-31 174,540
Unpaid minimum required contributions for all prior years 2020-03-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-03-31 0
Remaining amount of unpaid minimum required contributions 2020-03-31 0
Minimum required contributions for current year target normal cost 2020-03-31 128,703
Net shortfall amortization installment of oustanding balance 2020-03-31 377,820
Waiver amortization installment 2020-03-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-03-31 296,379
Carryover balance elected to use to offset funding requirement 2020-03-31 0
Prefunding balance elected to use to offset funding requirement 2020-03-31 121,839
Additional cash requirement 2020-03-31 174,540
Contributions allocatedtoward minimum required contributions for current year 2020-03-31 174,540
Unpaid minimum required contributions for current year 2020-03-31 0
Unpaid minimum required contributions for all years 2020-03-31 0
2019: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2019 401k membership
Market value of plan assets 2019-03-31 5,997,051
Acturial value of plan assets 2019-03-31 5,997,051
Funding target for retired participants and beneficiaries receiving payment 2019-03-31 1,027,083
Number of terminated vested participants 2019-03-31 35
Fundng target for terminated vested participants 2019-03-31 805,667
Active participant vested funding target 2019-03-31 2,957,889
Number of active participants 2019-03-31 41
Total funding liabilities for active participants 2019-03-31 2,978,376
Total participant count 2019-03-31 89
Total funding target for all participants 2019-03-31 4,811,126
Balance at beginning of prior year after applicable adjustments 2019-03-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-03-31 1,255,190
Carryover balanced portion elected for use to offset prior years funding requirement 2019-03-31 0
Prefunding balanced used to offset prior years funding requirement 2019-03-31 0
Amount remaining of carryover balance 2019-03-31 0
Amount remaining of prefunding balance 2019-03-31 1,255,190
Present value of excess contributions 2019-03-31 707,132
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-03-31 749,701
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-03-31 749,701
Reductions in caryover balances due to elections or deemed elections 2019-03-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-03-31 500,000
Balance of carryovers at beginning of current year 2019-03-31 0
Balance of prefunding at beginning of current year 2019-03-31 1,626,910
Total employer contributions 2019-03-31 350,000
Total employee contributions 2019-03-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-03-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-03-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-03-31 334,122
Unpaid minimum required contributions for all prior years 2019-03-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-03-31 0
Remaining amount of unpaid minimum required contributions 2019-03-31 0
Minimum required contributions for current year target normal cost 2019-03-31 122,247
Net shortfall amortization installment of oustanding balance 2019-03-31 440,985
Waiver amortization installment 2019-03-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-03-31 236,557
Carryover balance elected to use to offset funding requirement 2019-03-31 0
Prefunding balance elected to use to offset funding requirement 2019-03-31 0
Additional cash requirement 2019-03-31 236,557
Contributions allocatedtoward minimum required contributions for current year 2019-03-31 334,122
Unpaid minimum required contributions for current year 2019-03-31 0
Unpaid minimum required contributions for all years 2019-03-31 0
2018: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2018 401k membership
Market value of plan assets 2018-03-31 4,914,094
Acturial value of plan assets 2018-03-31 4,914,094
Funding target for retired participants and beneficiaries receiving payment 2018-03-31 753,107
Number of terminated vested participants 2018-03-31 36
Fundng target for terminated vested participants 2018-03-31 604,526
Active participant vested funding target 2018-03-31 2,867,789
Number of active participants 2018-03-31 47
Total funding liabilities for active participants 2018-03-31 3,076,971
Total participant count 2018-03-31 95
Total funding target for all participants 2018-03-31 4,434,604
Balance at beginning of prior year after applicable adjustments 2018-03-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-03-31 790,097
Carryover balanced portion elected for use to offset prior years funding requirement 2018-03-31 0
Prefunding balanced used to offset prior years funding requirement 2018-03-31 0
Amount remaining of carryover balance 2018-03-31 0
Amount remaining of prefunding balance 2018-03-31 790,097
Present value of excess contributions 2018-03-31 351,800
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-03-31 373,612
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-03-31 373,612
Reductions in caryover balances due to elections or deemed elections 2018-03-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-03-31 0
Balance of carryovers at beginning of current year 2018-03-31 0
Balance of prefunding at beginning of current year 2018-03-31 1,255,190
Total employer contributions 2018-03-31 1,050,000
Total employee contributions 2018-03-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-03-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-03-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-03-31 1,006,482
Liquidity shortfalls end of Q1 2018-03-31 0
Liquidity shortfalls end of Q2 2018-03-31 0
Liquidity shortfalls end of Q3 2018-03-31 0
Liquidity shortfalls end of Q4 2018-03-31 0
Unpaid minimum required contributions for all prior years 2018-03-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-03-31 0
Remaining amount of unpaid minimum required contributions 2018-03-31 0
Minimum required contributions for current year target normal cost 2018-03-31 108,939
Net shortfall amortization installment of oustanding balance 2018-03-31 775,700
Waiver amortization installment 2018-03-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-03-31 299,350
Carryover balance elected to use to offset funding requirement 2018-03-31 0
Prefunding balance elected to use to offset funding requirement 2018-03-31 0
Additional cash requirement 2018-03-31 299,350
Contributions allocatedtoward minimum required contributions for current year 2018-03-31 1,006,482
Unpaid minimum required contributions for current year 2018-03-31 0
Unpaid minimum required contributions for all years 2018-03-31 0
2017: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2017 401k membership
Market value of plan assets 2017-03-31 4,311,451
Acturial value of plan assets 2017-03-31 4,311,451
Funding target for retired participants and beneficiaries receiving payment 2017-03-31 880,826
Number of terminated vested participants 2017-03-31 41
Fundng target for terminated vested participants 2017-03-31 552,836
Active participant vested funding target 2017-03-31 2,867,789
Number of active participants 2017-03-31 47
Total funding liabilities for active participants 2017-03-31 2,884,983
Total participant count 2017-03-31 102
Total funding target for all participants 2017-03-31 4,318,645
Balance at beginning of prior year after applicable adjustments 2017-03-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-03-31 602,475
Carryover balanced portion elected for use to offset prior years funding requirement 2017-03-31 0
Prefunding balanced used to offset prior years funding requirement 2017-03-31 0
Amount remaining of carryover balance 2017-03-31 0
Amount remaining of prefunding balance 2017-03-31 602,475
Present value of excess contributions 2017-03-31 185,244
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-03-31 197,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-03-31 197,081
Reductions in caryover balances due to elections or deemed elections 2017-03-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-03-31 0
Balance of carryovers at beginning of current year 2017-03-31 0
Balance of prefunding at beginning of current year 2017-03-31 790,097
Total employer contributions 2017-03-31 575,000
Total employee contributions 2017-03-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-03-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-03-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-03-31 557,401
Unpaid minimum required contributions for all prior years 2017-03-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-03-31 0
Remaining amount of unpaid minimum required contributions 2017-03-31 0
Minimum required contributions for current year target normal cost 2017-03-31 105,685
Net shortfall amortization installment of oustanding balance 2017-03-31 797,314
Waiver amortization installment 2017-03-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-03-31 205,601
Carryover balance elected to use to offset funding requirement 2017-03-31 0
Prefunding balance elected to use to offset funding requirement 2017-03-31 0
Additional cash requirement 2017-03-31 205,601
Contributions allocatedtoward minimum required contributions for current year 2017-03-31 557,401
Unpaid minimum required contributions for current year 2017-03-31 0
Unpaid minimum required contributions for all years 2017-03-31 0

Measure	Date	Value
2023: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2023 401k membership
Market value of plan assets	2023-03-31	5,801,259
Acturial value of plan assets	2023-03-31	5,801,259
Funding target for retired participants and beneficiaries receiving payment	2023-03-31	1,068,159
Number of terminated vested participants	2023-03-31	40
Fundng target for terminated vested participants	2023-03-31	862,063
Active participant vested funding target	2023-03-31	2,938,412
Number of active participants	2023-03-31	42
Total funding liabilities for active participants	2023-03-31	2,985,169
Total participant count	2023-03-31	97
Total funding target for all participants	2023-03-31	4,915,391
Balance at beginning of prior year after applicable adjustments	2023-03-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2023-03-31	1,358,132
Carryover balanced portion elected for use to offset prior years funding requirement	2023-03-31	0
Prefunding balanced used to offset prior years funding requirement	2023-03-31	121,581
Amount remaining of carryover balance	2023-03-31	0
Amount remaining of prefunding balance	2023-03-31	1,236,551
Present value of excess contributions	2023-03-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2023-03-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2023-03-31	0
Reductions in caryover balances due to elections or deemed elections	2023-03-31	0
Reductions in prefunding balances due to elections or deemed elections	2023-03-31	392,662
Balance of carryovers at beginning of current year	2023-03-31	0
Balance of prefunding at beginning of current year	2023-03-31	885,868
Total employer contributions	2023-03-31	0
Total employee contributions	2023-03-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2023-03-31	0
Contributions made to avoid restrictions adjusted to valuation date	2023-03-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2023-03-31	0
Unpaid minimum required contributions for all prior years	2023-03-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2023-03-31	0
Remaining amount of unpaid minimum required contributions	2023-03-31	0
Minimum required contributions for current year target normal cost	2023-03-31	96,731
Net shortfall amortization installment of oustanding balance	2023-03-31	0
Waiver amortization installment	2023-03-31	0
Total funding amount beforereflecting carryover/prefunding balances	2023-03-31	96,731
Carryover balance elected to use to offset funding requirement	2023-03-31	0
Prefunding balance elected to use to offset funding requirement	2023-03-31	96,731
Additional cash requirement	2023-03-31	0
Contributions allocatedtoward minimum required contributions for current year	2023-03-31	0
Unpaid minimum required contributions for current year	2023-03-31	0
Unpaid minimum required contributions for all years	2023-03-31	0
2022: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2022 401k membership
Market value of plan assets	2022-03-31	6,265,119
Acturial value of plan assets	2022-03-31	6,265,119
Funding target for retired participants and beneficiaries receiving payment	2022-03-31	1,085,707
Number of terminated vested participants	2022-03-31	38
Fundng target for terminated vested participants	2022-03-31	745,172
Active participant vested funding target	2022-03-31	3,051,321
Number of active participants	2022-03-31	37
Total funding liabilities for active participants	2022-03-31	3,076,108
Total participant count	2022-03-31	90
Total funding target for all participants	2022-03-31	4,906,987
Balance at beginning of prior year after applicable adjustments	2022-03-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-03-31	1,424,860
Carryover balanced portion elected for use to offset prior years funding requirement	2022-03-31	0
Prefunding balanced used to offset prior years funding requirement	2022-03-31	362,880
Amount remaining of carryover balance	2022-03-31	0
Amount remaining of prefunding balance	2022-03-31	1,061,980
Present value of excess contributions	2022-03-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-03-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-03-31	0
Reductions in caryover balances due to elections or deemed elections	2022-03-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-03-31	31,856
Balance of carryovers at beginning of current year	2022-03-31	0
Balance of prefunding at beginning of current year	2022-03-31	1,358,132
Total employer contributions	2022-03-31	0
Total employee contributions	2022-03-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-03-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-03-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-03-31	0
Unpaid minimum required contributions for all prior years	2022-03-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-03-31	0
Remaining amount of unpaid minimum required contributions	2022-03-31	0
Minimum required contributions for current year target normal cost	2022-03-31	121,581
Net shortfall amortization installment of oustanding balance	2022-03-31	0
Waiver amortization installment	2022-03-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-03-31	121,581
Carryover balance elected to use to offset funding requirement	2022-03-31	0
Prefunding balance elected to use to offset funding requirement	2022-03-31	121,581
Additional cash requirement	2022-03-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-03-31	0
Unpaid minimum required contributions for current year	2022-03-31	0
Unpaid minimum required contributions for all years	2022-03-31	0
2021: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2021 401k membership
Market value of plan assets	2021-03-31	5,786,173
Acturial value of plan assets	2021-03-31	5,786,173
Funding target for retired participants and beneficiaries receiving payment	2021-03-31	992,904
Number of terminated vested participants	2021-03-31	37
Fundng target for terminated vested participants	2021-03-31	779,507
Active participant vested funding target	2021-03-31	3,548,373
Number of active participants	2021-03-31	49
Total funding liabilities for active participants	2021-03-31	3,582,092
Total participant count	2021-03-31	99
Total funding target for all participants	2021-03-31	5,354,503
Balance at beginning of prior year after applicable adjustments	2021-03-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-03-31	1,623,272
Carryover balanced portion elected for use to offset prior years funding requirement	2021-03-31	0
Prefunding balanced used to offset prior years funding requirement	2021-03-31	121,839
Amount remaining of carryover balance	2021-03-31	0
Amount remaining of prefunding balance	2021-03-31	1,501,433
Present value of excess contributions	2021-03-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-03-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-03-31	0
Reductions in caryover balances due to elections or deemed elections	2021-03-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-03-31	0
Balance of carryovers at beginning of current year	2021-03-31	0
Balance of prefunding at beginning of current year	2021-03-31	1,424,860
Total employer contributions	2021-03-31	0
Total employee contributions	2021-03-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-03-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-03-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-03-31	0
Unpaid minimum required contributions for all prior years	2021-03-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-03-31	0
Remaining amount of unpaid minimum required contributions	2021-03-31	0
Minimum required contributions for current year target normal cost	2021-03-31	141,933
Net shortfall amortization installment of oustanding balance	2021-03-31	993,166
Waiver amortization installment	2021-03-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-03-31	362,880
Carryover balance elected to use to offset funding requirement	2021-03-31	0
Prefunding balance elected to use to offset funding requirement	2021-03-31	362,880
Additional cash requirement	2021-03-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-03-31	0
Unpaid minimum required contributions for current year	2021-03-31	0
Unpaid minimum required contributions for all years	2021-03-31	0
2020: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2020 401k membership
Market value of plan assets	2020-03-31	6,475,323
Acturial value of plan assets	2020-03-31	6,475,323
Funding target for retired participants and beneficiaries receiving payment	2020-03-31	1,009,853
Number of terminated vested participants	2020-03-31	37
Fundng target for terminated vested participants	2020-03-31	837,995
Active participant vested funding target	2020-03-31	3,366,915
Number of active participants	2020-03-31	47
Total funding liabilities for active participants	2020-03-31	3,382,023
Total participant count	2020-03-31	97
Total funding target for all participants	2020-03-31	5,229,871
Balance at beginning of prior year after applicable adjustments	2020-03-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-03-31	1,626,910
Carryover balanced portion elected for use to offset prior years funding requirement	2020-03-31	0
Prefunding balanced used to offset prior years funding requirement	2020-03-31	0
Amount remaining of carryover balance	2020-03-31	0
Amount remaining of prefunding balance	2020-03-31	1,626,910
Present value of excess contributions	2020-03-31	97,565
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-03-31	103,263
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-03-31	103,263
Reductions in caryover balances due to elections or deemed elections	2020-03-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-03-31	200,000
Balance of carryovers at beginning of current year	2020-03-31	0
Balance of prefunding at beginning of current year	2020-03-31	1,623,272
Total employer contributions	2020-03-31	175,000
Total employee contributions	2020-03-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-03-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-03-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-03-31	174,540
Unpaid minimum required contributions for all prior years	2020-03-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-03-31	0
Remaining amount of unpaid minimum required contributions	2020-03-31	0
Minimum required contributions for current year target normal cost	2020-03-31	128,703
Net shortfall amortization installment of oustanding balance	2020-03-31	377,820
Waiver amortization installment	2020-03-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-03-31	296,379
Carryover balance elected to use to offset funding requirement	2020-03-31	0
Prefunding balance elected to use to offset funding requirement	2020-03-31	121,839
Additional cash requirement	2020-03-31	174,540
Contributions allocatedtoward minimum required contributions for current year	2020-03-31	174,540
Unpaid minimum required contributions for current year	2020-03-31	0
Unpaid minimum required contributions for all years	2020-03-31	0
2019: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2019 401k membership
Market value of plan assets	2019-03-31	5,997,051
Acturial value of plan assets	2019-03-31	5,997,051
Funding target for retired participants and beneficiaries receiving payment	2019-03-31	1,027,083
Number of terminated vested participants	2019-03-31	35
Fundng target for terminated vested participants	2019-03-31	805,667
Active participant vested funding target	2019-03-31	2,957,889
Number of active participants	2019-03-31	41
Total funding liabilities for active participants	2019-03-31	2,978,376
Total participant count	2019-03-31	89
Total funding target for all participants	2019-03-31	4,811,126
Balance at beginning of prior year after applicable adjustments	2019-03-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-03-31	1,255,190
Carryover balanced portion elected for use to offset prior years funding requirement	2019-03-31	0
Prefunding balanced used to offset prior years funding requirement	2019-03-31	0
Amount remaining of carryover balance	2019-03-31	0
Amount remaining of prefunding balance	2019-03-31	1,255,190
Present value of excess contributions	2019-03-31	707,132
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-03-31	749,701
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-03-31	749,701
Reductions in caryover balances due to elections or deemed elections	2019-03-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-03-31	500,000
Balance of carryovers at beginning of current year	2019-03-31	0
Balance of prefunding at beginning of current year	2019-03-31	1,626,910
Total employer contributions	2019-03-31	350,000
Total employee contributions	2019-03-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-03-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-03-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-03-31	334,122
Unpaid minimum required contributions for all prior years	2019-03-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-03-31	0
Remaining amount of unpaid minimum required contributions	2019-03-31	0
Minimum required contributions for current year target normal cost	2019-03-31	122,247
Net shortfall amortization installment of oustanding balance	2019-03-31	440,985
Waiver amortization installment	2019-03-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-03-31	236,557
Carryover balance elected to use to offset funding requirement	2019-03-31	0
Prefunding balance elected to use to offset funding requirement	2019-03-31	0
Additional cash requirement	2019-03-31	236,557
Contributions allocatedtoward minimum required contributions for current year	2019-03-31	334,122
Unpaid minimum required contributions for current year	2019-03-31	0
Unpaid minimum required contributions for all years	2019-03-31	0
2018: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2018 401k membership
Market value of plan assets	2018-03-31	4,914,094
Acturial value of plan assets	2018-03-31	4,914,094
Funding target for retired participants and beneficiaries receiving payment	2018-03-31	753,107
Number of terminated vested participants	2018-03-31	36
Fundng target for terminated vested participants	2018-03-31	604,526
Active participant vested funding target	2018-03-31	2,867,789
Number of active participants	2018-03-31	47
Total funding liabilities for active participants	2018-03-31	3,076,971
Total participant count	2018-03-31	95
Total funding target for all participants	2018-03-31	4,434,604
Balance at beginning of prior year after applicable adjustments	2018-03-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-03-31	790,097
Carryover balanced portion elected for use to offset prior years funding requirement	2018-03-31	0
Prefunding balanced used to offset prior years funding requirement	2018-03-31	0
Amount remaining of carryover balance	2018-03-31	0
Amount remaining of prefunding balance	2018-03-31	790,097
Present value of excess contributions	2018-03-31	351,800
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-03-31	373,612
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-03-31	373,612
Reductions in caryover balances due to elections or deemed elections	2018-03-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-03-31	0
Balance of carryovers at beginning of current year	2018-03-31	0
Balance of prefunding at beginning of current year	2018-03-31	1,255,190
Total employer contributions	2018-03-31	1,050,000
Total employee contributions	2018-03-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-03-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-03-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-03-31	1,006,482
Liquidity shortfalls end of Q1	2018-03-31	0
Liquidity shortfalls end of Q2	2018-03-31	0
Liquidity shortfalls end of Q3	2018-03-31	0
Liquidity shortfalls end of Q4	2018-03-31	0
Unpaid minimum required contributions for all prior years	2018-03-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-03-31	0
Remaining amount of unpaid minimum required contributions	2018-03-31	0
Minimum required contributions for current year target normal cost	2018-03-31	108,939
Net shortfall amortization installment of oustanding balance	2018-03-31	775,700
Waiver amortization installment	2018-03-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-03-31	299,350
Carryover balance elected to use to offset funding requirement	2018-03-31	0
Prefunding balance elected to use to offset funding requirement	2018-03-31	0
Additional cash requirement	2018-03-31	299,350
Contributions allocatedtoward minimum required contributions for current year	2018-03-31	1,006,482
Unpaid minimum required contributions for current year	2018-03-31	0
Unpaid minimum required contributions for all years	2018-03-31	0
2017: SEAMAN PAPER COMPANY OF MASSACHUSETTS, INC. HOURLY EMPLOYEES PENSION PLAN 2017 401k membership
Market value of plan assets	2017-03-31	4,311,451
Acturial value of plan assets	2017-03-31	4,311,451
Funding target for retired participants and beneficiaries receiving payment	2017-03-31	880,826
Number of terminated vested participants	2017-03-31	41
Fundng target for terminated vested participants	2017-03-31	552,836
Active participant vested funding target	2017-03-31	2,867,789
Number of active participants	2017-03-31	47
Total funding liabilities for active participants	2017-03-31	2,884,983
Total participant count	2017-03-31	102
Total funding target for all participants	2017-03-31	4,318,645
Balance at beginning of prior year after applicable adjustments	2017-03-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-03-31	602,475
Carryover balanced portion elected for use to offset prior years funding requirement	2017-03-31	0
Prefunding balanced used to offset prior years funding requirement	2017-03-31	0
Amount remaining of carryover balance	2017-03-31	0
Amount remaining of prefunding balance	2017-03-31	602,475
Present value of excess contributions	2017-03-31	185,244
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-03-31	197,081
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-03-31	197,081
Reductions in caryover balances due to elections or deemed elections	2017-03-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-03-31	0
Balance of carryovers at beginning of current year	2017-03-31	0
Balance of prefunding at beginning of current year	2017-03-31	790,097
Total employer contributions	2017-03-31	575,000
Total employee contributions	2017-03-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-03-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-03-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-03-31	557,401
Unpaid minimum required contributions for all prior years	2017-03-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-03-31	0
Remaining amount of unpaid minimum required contributions	2017-03-31	0
Minimum required contributions for current year target normal cost	2017-03-31	105,685
Net shortfall amortization installment of oustanding balance	2017-03-31	797,314
Waiver amortization installment	2017-03-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-03-31	205,601
Carryover balance elected to use to offset funding requirement	2017-03-31	0
Prefunding balance elected to use to offset funding requirement	2017-03-31	0
Additional cash requirement	2017-03-31	205,601
Contributions allocatedtoward minimum required contributions for current year	2017-03-31	557,401
Unpaid minimum required contributions for current year	2017-03-31	0
Unpaid minimum required contributions for all years	2017-03-31	0

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	SEAMAN PAPER COMPANY OF MA, INC.
Employer identification number (EIN):	042184201
NAIC Classification:	322100