401k Plan data: ENERCON, INC. DEFINED BENEFIT PLAN plan

ENERCON, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	ENERCON, INC. DEFINED BENEFIT PLAN
Plan identification number	003

ENERCON, INC. DEFINED BENEFIT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related 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

ENERCON, INC. has sponsored the creation of one or more 401k plans.

Company Name: ENERCON, INC.

Employer identification number (EIN): 043247464

NAIC Classification: 238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ENERCON, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2016-10-01
003 2015-10-01
003 2014-10-01
003 2013-10-01
003 2012-10-01 SCOTT BOULAY 2014-06-30
003 2011-10-01 SCOTT BOULAY 2013-05-13
003 2010-10-01 SCOTT BOULAY 2012-06-25

Plan Statistics for ENERCON, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for ENERCON, INC. DEFINED BENEFIT PLAN

Measure Date Value
2017: ENERCON, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-09-30 2,045,982
Acturial value of plan assets 2017-09-30 2,045,982
Funding target for retired participants and beneficiaries receiving payment 2017-09-30 0
Number of terminated vested participants 2017-09-30 0
Fundng target for terminated vested participants 2017-09-30 0
Active participant vested funding target 2017-09-30 1,826,386
Number of active participants 2017-09-30 1
Total funding liabilities for active participants 2017-09-30 1,826,386
Total participant count 2017-09-30 1
Total funding target for all participants 2017-09-30 1,826,386
Balance at beginning of prior year after applicable adjustments 2017-09-30 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-09-30 137,929
Carryover balanced portion elected for use to offset prior years funding requirement 2017-09-30 0
Prefunding balanced used to offset prior years funding requirement 2017-09-30 137,929
Amount remaining of carryover balance 2017-09-30 0
Amount remaining of prefunding balance 2017-09-30 0
Present value of excess contributions 2017-09-30 119,786
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-09-30 133,660
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-09-30 133,660
Reductions in caryover balances due to elections or deemed elections 2017-09-30 0
Reductions in prefunding balances due to elections or deemed elections 2017-09-30 0
Balance of carryovers at beginning of current year 2017-09-30 0
Balance of prefunding at beginning of current year 2017-09-30 133,660
Contributions allocated toward unpaid minimum require contributions from prior years 2017-09-30 0
Contributions made to avoid restrictions adjusted to valuation date 2017-09-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-09-30 0
Unpaid minimum required contributions for all prior years 2017-09-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-09-30 0
Remaining amount of unpaid minimum required contributions 2017-09-30 0
Minimum required contributions for current year target normal cost 2017-09-30 152,199
Net shortfall amortization installment of oustanding balance 2017-09-30 0
Waiver amortization installment 2017-09-30 0
Total funding amount beforereflecting carryover/prefunding balances 2017-09-30 66,263
Carryover balance elected to use to offset funding requirement 2017-09-30 0
Prefunding balance elected to use to offset funding requirement 2017-09-30 66,263
Additional cash requirement 2017-09-30 0
Contributions allocatedtoward minimum required contributions for current year 2017-09-30 0
Unpaid minimum required contributions for current year 2017-09-30 0

Measure	Date	Value
2017: ENERCON, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-09-30	2,045,982
Acturial value of plan assets	2017-09-30	2,045,982
Funding target for retired participants and beneficiaries receiving payment	2017-09-30	0
Number of terminated vested participants	2017-09-30	0
Fundng target for terminated vested participants	2017-09-30	0
Active participant vested funding target	2017-09-30	1,826,386
Number of active participants	2017-09-30	1
Total funding liabilities for active participants	2017-09-30	1,826,386
Total participant count	2017-09-30	1
Total funding target for all participants	2017-09-30	1,826,386
Balance at beginning of prior year after applicable adjustments	2017-09-30	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-09-30	137,929
Carryover balanced portion elected for use to offset prior years funding requirement	2017-09-30	0
Prefunding balanced used to offset prior years funding requirement	2017-09-30	137,929
Amount remaining of carryover balance	2017-09-30	0
Amount remaining of prefunding balance	2017-09-30	0
Present value of excess contributions	2017-09-30	119,786
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-09-30	133,660
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-09-30	133,660
Reductions in caryover balances due to elections or deemed elections	2017-09-30	0
Reductions in prefunding balances due to elections or deemed elections	2017-09-30	0
Balance of carryovers at beginning of current year	2017-09-30	0
Balance of prefunding at beginning of current year	2017-09-30	133,660
Contributions allocated toward unpaid minimum require contributions from prior years	2017-09-30	0
Contributions made to avoid restrictions adjusted to valuation date	2017-09-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-09-30	0
Unpaid minimum required contributions for all prior years	2017-09-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-09-30	0
Remaining amount of unpaid minimum required contributions	2017-09-30	0
Minimum required contributions for current year target normal cost	2017-09-30	152,199
Net shortfall amortization installment of oustanding balance	2017-09-30	0
Waiver amortization installment	2017-09-30	0
Total funding amount beforereflecting carryover/prefunding balances	2017-09-30	66,263
Carryover balance elected to use to offset funding requirement	2017-09-30	0
Prefunding balance elected to use to offset funding requirement	2017-09-30	66,263
Additional cash requirement	2017-09-30	0
Contributions allocatedtoward minimum required contributions for current year	2017-09-30	0
Unpaid minimum required contributions for current year	2017-09-30	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:	ENERCON, INC.
Employer identification number (EIN):	043247464
NAIC Classification:	238900

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2016-10-01
003	2015-10-01
003	2014-10-01
003	2013-10-01
003	2012-10-01	SCOTT BOULAY	2014-06-30
003	2011-10-01	SCOTT BOULAY	2013-05-13
003	2010-10-01	SCOTT BOULAY	2012-06-25