Logo

G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 401k Plan overview

Plan NameG.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN
Plan identification number 002

G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • 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

G. M. WHITE CONSTRUCTION, INC. has sponsored the creation of one or more 401k plans.

Company Name:G. M. WHITE CONSTRUCTION, INC.
Employer identification number (EIN):042605648
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-11-01MARK WHITE2024-05-14
0022021-11-01MARK WHITE2023-06-27
0022020-11-01MARK WHITE2022-08-12
0022019-11-01MARK WHITE2021-06-11
0022018-11-01MARK WHITE2020-07-02

Plan Statistics for G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN

Measure Date Value
2023: G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2023 401k membership
Market value of plan assets2023-10-311,514,972
Acturial value of plan assets2023-10-311,514,972
Funding target for retired participants and beneficiaries receiving payment2023-10-310
Number of terminated vested participants2023-10-311
Fundng target for terminated vested participants2023-10-314,516
Active participant vested funding target2023-10-311,502,054
Number of active participants2023-10-318
Total funding liabilities for active participants2023-10-311,502,054
Total participant count2023-10-319
Total funding target for all participants2023-10-311,506,570
Balance at beginning of prior year after applicable adjustments2023-10-310
Prefunding balance at beginning of prior year after applicable adjustments2023-10-310
Carryover balanced portion elected for use to offset prior years funding requirement2023-10-310
Prefunding balanced used to offset prior years funding requirement2023-10-310
Amount remaining of carryover balance2023-10-310
Amount remaining of prefunding balance2023-10-310
Present value of excess contributions2023-10-3149,810
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-10-3149,810
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-10-310
Reductions in caryover balances due to elections or deemed elections2023-10-310
Reductions in prefunding balances due to elections or deemed elections2023-10-310
Balance of carryovers at beginning of current year2023-10-310
Balance of prefunding at beginning of current year2023-10-310
Total employer contributions2023-10-31489,225
Total employee contributions2023-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2023-10-310
Contributions made to avoid restrictions adjusted to valuation date2023-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-10-31477,000
Unpaid minimum required contributions for all prior years2023-10-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-10-310
Remaining amount of unpaid minimum required contributions2023-10-310
Minimum required contributions for current year target normal cost2023-10-31372,100
Net shortfall amortization installment of oustanding balance2023-10-310
Total funding amount beforereflecting carryover/prefunding balances2023-10-31363,698
Additional cash requirement2023-10-31363,698
Contributions allocatedtoward minimum required contributions for current year2023-10-31477,000
Unpaid minimum required contributions for current year2023-10-310
Unpaid minimum required contributions for all years2023-10-310
2022: G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2022 401k membership
Market value of plan assets2022-10-31975,873
Acturial value of plan assets2022-10-31975,873
Funding target for retired participants and beneficiaries receiving payment2022-10-310
Number of terminated vested participants2022-10-311
Fundng target for terminated vested participants2022-10-314,019
Active participant vested funding target2022-10-311,127,310
Number of active participants2022-10-318
Total funding liabilities for active participants2022-10-311,127,310
Total participant count2022-10-319
Total funding target for all participants2022-10-311,131,329
Balance at beginning of prior year after applicable adjustments2022-10-310
Prefunding balance at beginning of prior year after applicable adjustments2022-10-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-10-310
Prefunding balanced used to offset prior years funding requirement2022-10-310
Amount remaining of carryover balance2022-10-310
Amount remaining of prefunding balance2022-10-310
Present value of excess contributions2022-10-3156,107
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-10-3156,107
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-10-310
Reductions in caryover balances due to elections or deemed elections2022-10-310
Reductions in prefunding balances due to elections or deemed elections2022-10-310
Balance of carryovers at beginning of current year2022-10-310
Balance of prefunding at beginning of current year2022-10-310
Total employer contributions2022-10-31450,000
Total employee contributions2022-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-10-310
Contributions made to avoid restrictions adjusted to valuation date2022-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-10-31446,639
Unpaid minimum required contributions for all prior years2022-10-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-10-310
Remaining amount of unpaid minimum required contributions2022-10-310
Minimum required contributions for current year target normal cost2022-10-31371,210
Net shortfall amortization installment of oustanding balance2022-10-31155,456
Total funding amount beforereflecting carryover/prefunding balances2022-10-31396,829
Additional cash requirement2022-10-31396,829
Contributions allocatedtoward minimum required contributions for current year2022-10-31446,639
Unpaid minimum required contributions for current year2022-10-310
Unpaid minimum required contributions for all years2022-10-310
2021: G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2021 401k membership
Market value of plan assets2021-10-31846,140
Acturial value of plan assets2021-10-31846,140
Funding target for retired participants and beneficiaries receiving payment2021-10-310
Number of terminated vested participants2021-10-311
Fundng target for terminated vested participants2021-10-311,849
Active participant vested funding target2021-10-31746,567
Number of active participants2021-10-318
Total funding liabilities for active participants2021-10-31746,567
Total participant count2021-10-319
Total funding target for all participants2021-10-31748,416
Balance at beginning of prior year after applicable adjustments2021-10-310
Prefunding balance at beginning of prior year after applicable adjustments2021-10-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-10-310
Prefunding balanced used to offset prior years funding requirement2021-10-310
Amount remaining of carryover balance2021-10-310
Amount remaining of prefunding balance2021-10-310
Present value of excess contributions2021-10-315,693
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-10-315,693
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-10-310
Reductions in caryover balances due to elections or deemed elections2021-10-310
Reductions in prefunding balances due to elections or deemed elections2021-10-310
Balance of carryovers at beginning of current year2021-10-310
Balance of prefunding at beginning of current year2021-10-310
Total employer contributions2021-10-31345,000
Total employee contributions2021-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-10-310
Contributions made to avoid restrictions adjusted to valuation date2021-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-10-31340,851
Unpaid minimum required contributions for all prior years2021-10-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-10-310
Remaining amount of unpaid minimum required contributions2021-10-310
Minimum required contributions for current year target normal cost2021-10-31382,468
Net shortfall amortization installment of oustanding balance2021-10-310
Total funding amount beforereflecting carryover/prefunding balances2021-10-31284,744
Additional cash requirement2021-10-31284,744
Contributions allocatedtoward minimum required contributions for current year2021-10-31340,851
Unpaid minimum required contributions for current year2021-10-310
Unpaid minimum required contributions for all years2021-10-310
2020: G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets2020-10-31377,462
Acturial value of plan assets2020-10-31377,462
Funding target for retired participants and beneficiaries receiving payment2020-10-310
Number of terminated vested participants2020-10-310
Fundng target for terminated vested participants2020-10-310
Active participant vested funding target2020-10-31282,333
Number of active participants2020-10-3110
Total funding liabilities for active participants2020-10-31376,187
Total participant count2020-10-3110
Total funding target for all participants2020-10-31376,187
Balance at beginning of prior year after applicable adjustments2020-10-310
Prefunding balance at beginning of prior year after applicable adjustments2020-10-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-10-310
Prefunding balanced used to offset prior years funding requirement2020-10-310
Amount remaining of carryover balance2020-10-310
Amount remaining of prefunding balance2020-10-310
Present value of excess contributions2020-10-3113,020
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-10-3113,020
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-10-310
Reductions in caryover balances due to elections or deemed elections2020-10-310
Reductions in prefunding balances due to elections or deemed elections2020-10-310
Balance of carryovers at beginning of current year2020-10-310
Balance of prefunding at beginning of current year2020-10-310
Total employer contributions2020-10-31384,384
Total employee contributions2020-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-10-310
Contributions made to avoid restrictions adjusted to valuation date2020-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-10-31378,464
Unpaid minimum required contributions for all prior years2020-10-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-10-310
Remaining amount of unpaid minimum required contributions2020-10-310
Minimum required contributions for current year target normal cost2020-10-31374,046
Net shortfall amortization installment of oustanding balance2020-10-310
Total funding amount beforereflecting carryover/prefunding balances2020-10-31372,771
Additional cash requirement2020-10-31372,771
Contributions allocatedtoward minimum required contributions for current year2020-10-31378,464
Unpaid minimum required contributions for current year2020-10-310
Unpaid minimum required contributions for all years2020-10-310
2019: G.M. WHITE CONSTRUCTION, INC. CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets2019-10-310
Acturial value of plan assets2019-10-310
Funding target for retired participants and beneficiaries receiving payment2019-10-310
Number of terminated vested participants2019-10-313
Fundng target for terminated vested participants2019-10-310
Active participant vested funding target2019-10-310
Number of active participants2019-10-318
Total funding liabilities for active participants2019-10-310
Total participant count2019-10-3111
Total funding target for all participants2019-10-310
Balance at beginning of prior year after applicable adjustments2019-10-310
Prefunding balance at beginning of prior year after applicable adjustments2019-10-310
Amount remaining of carryover balance2019-10-310
Amount remaining of prefunding balance2019-10-310
Reductions in caryover balances due to elections or deemed elections2019-10-310
Reductions in prefunding balances due to elections or deemed elections2019-10-310
Balance of carryovers at beginning of current year2019-10-310
Balance of prefunding at beginning of current year2019-10-310
Total employer contributions2019-10-31377,146
Total employee contributions2019-10-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-10-310
Contributions made to avoid restrictions adjusted to valuation date2019-10-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-10-31373,158
Unpaid minimum required contributions for all prior years2019-10-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-10-310
Remaining amount of unpaid minimum required contributions2019-10-310
Minimum required contributions for current year target normal cost2019-10-31360,138
Total funding amount beforereflecting carryover/prefunding balances2019-10-31360,138
Additional cash requirement2019-10-31360,138
Contributions allocatedtoward minimum required contributions for current year2019-10-31373,158
Unpaid minimum required contributions for current year2019-10-310
Unpaid minimum required contributions for all years2019-10-310

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

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1