401k Plan data: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN plan

SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN
Plan identification number	002

SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan. Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

SHARON MANUFACTURING CO., INC. has sponsored the creation of one or more 401k plans.

Company Name: SHARON MANUFACTURING CO., INC.

Employer identification number (EIN): 112740894

NAIC Classification: 339900

Additional information about SHARON MANUFACTURING CO., INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1985-02-26

Company Identification Number: 976664

Legal Registered Office Address: 2079 WANTAGH AVENUE SUITE 9
Suffolk
WANTAGH NY 11793
United States of America (USA)
11793

More information about SHARON MANUFACTURING CO., INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 ROBERT STAMM 2023-08-10 ROBERT STAMM 2023-08-10
002 2021-01-01 ROBERT STAMM 2022-10-04 ROBERT STAMM 2022-10-04
002 2020-01-01 ROBERT STAMM 2021-10-05 ROBERT STAMM 2021-10-05
002 2019-01-01 ROBERT STAMM 2020-10-06 ROBERT STAMM 2020-10-06
002 2019-01-01 ROBERT STAMM 2021-03-08 ROBERT STAMM 2021-03-08
002 2018-01-01 ROBERT STAMM 2019-09-27 ROBERT STAMM 2019-09-27
002 2017-01-01 ROBERT STAMM 2018-10-05 ROBERT STAMM 2018-10-05
002 2016-01-01 ROBERT STAMM 2017-09-07 ROBERT STAMM 2017-09-07
002 2015-01-01 ROBERT STAMM 2016-09-28 ROBERT STAMM 2016-09-28
002 2014-01-01 ROBERT STAMM 2015-10-02 ROBERT STAMM 2015-10-02
002 2013-01-01 ROBERT STAMM 2015-03-05 ROBERT STAMM 2015-03-05
002 2012-01-01 ROBERT STAMM 2013-10-04 ROBERT STAMM 2013-10-04

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	ROBERT STAMM	2023-08-10	ROBERT STAMM	2023-08-10
002	2021-01-01	ROBERT STAMM	2022-10-04	ROBERT STAMM	2022-10-04
002	2020-01-01	ROBERT STAMM	2021-10-05	ROBERT STAMM	2021-10-05
002	2019-01-01	ROBERT STAMM	2020-10-06	ROBERT STAMM	2020-10-06
002	2019-01-01	ROBERT STAMM	2021-03-08	ROBERT STAMM	2021-03-08
002	2018-01-01	ROBERT STAMM	2019-09-27	ROBERT STAMM	2019-09-27
002	2017-01-01	ROBERT STAMM	2018-10-05	ROBERT STAMM	2018-10-05
002	2016-01-01	ROBERT STAMM	2017-09-07	ROBERT STAMM	2017-09-07
002	2015-01-01	ROBERT STAMM	2016-09-28	ROBERT STAMM	2016-09-28
002	2014-01-01	ROBERT STAMM	2015-10-02	ROBERT STAMM	2015-10-02
002	2013-01-01	ROBERT STAMM	2015-03-05	ROBERT STAMM	2015-03-05
002	2012-01-01	ROBERT STAMM	2013-10-04	ROBERT STAMM	2013-10-04

Plan Statistics for SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN

Measure Date Value
2022: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 1,182,686
Acturial value of plan assets 2022-12-31 1,182,686
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 3
Fundng target for terminated vested participants 2022-12-31 66,378
Active participant vested funding target 2022-12-31 1,223,440
Number of active participants 2022-12-31 7
Total funding liabilities for active participants 2022-12-31 1,223,440
Total participant count 2022-12-31 10
Total funding target for all participants 2022-12-31 1,289,818
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 143,917
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 130,388
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 13,529
Present value of excess contributions 2022-12-31 233,064
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 233,064
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 233,064
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 247,692
Total employer contributions 2022-12-31 338,122
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 327,673
Liquidity shortfalls end of Q1 2022-12-31 0
Liquidity shortfalls end of Q2 2022-12-31 0
Liquidity shortfalls end of Q3 2022-12-31 0
Liquidity shortfalls end of Q4 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 148,207
Net shortfall amortization installment of oustanding balance 2022-12-31 368,447
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 182,416
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 182,416
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 327,673
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,119,041
Acturial value of plan assets 2021-12-31 1,119,041
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 2
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 990,046
Number of active participants 2021-12-31 8
Total funding liabilities for active participants 2021-12-31 990,046
Total participant count 2021-12-31 10
Total funding target for all participants 2021-12-31 990,046
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 141,988
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 115,908
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 26,080
Present value of excess contributions 2021-12-31 114,530
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 114,530
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 114,530
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 143,917
Total employer contributions 2021-12-31 242,283
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 233,064
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 135,620
Net shortfall amortization installment of oustanding balance 2021-12-31 23,140
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 137,833
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 137,833
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 233,064
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 922,075
Acturial value of plan assets 2020-12-31 922,075
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 2
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 784,842
Number of active participants 2020-12-31 7
Total funding liabilities for active participants 2020-12-31 784,975
Total participant count 2020-12-31 9
Total funding target for all participants 2020-12-31 784,975
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 119,738
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 76,848
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 42,890
Present value of excess contributions 2020-12-31 92,441
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 92,441
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 92,441
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 141,988
Total employer contributions 2020-12-31 119,250
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 114,530
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 121,480
Net shortfall amortization installment of oustanding balance 2020-12-31 13,237
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 122,723
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 122,723
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 114,530
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 726,237
Acturial value of plan assets 2019-12-31 726,237
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 2
Fundng target for terminated vested participants 2019-12-31 0
Active participant vested funding target 2019-12-31 695,246
Number of active participants 2019-12-31 6
Total funding liabilities for active participants 2019-12-31 695,246
Total participant count 2019-12-31 8
Total funding target for all participants 2019-12-31 695,246
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 141,834
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 118,593
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 23,241
Present value of excess contributions 2019-12-31 98,435
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 98,435
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 98,435
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 119,738
Total employer contributions 2019-12-31 150,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 140,794
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 60,029
Net shortfall amortization installment of oustanding balance 2019-12-31 95,632
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 81,267
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 81,267
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 140,794
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 535,837
Acturial value of plan assets 2018-12-31 535,837
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 0
Fundng target for terminated vested participants 2018-12-31 0
Active participant vested funding target 2018-12-31 525,156
Number of active participants 2018-12-31 6
Total funding liabilities for active participants 2018-12-31 525,156
Total participant count 2018-12-31 6
Total funding target for all participants 2018-12-31 525,156
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 109,355
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 73,044
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 36,311
Present value of excess contributions 2018-12-31 101,002
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 101,002
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 101,002
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 141,834
Total employer contributions 2018-12-31 102,507
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 98,435
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 100,366
Net shortfall amortization installment of oustanding balance 2018-12-31 139,592
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 125,649
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 125,649
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 98,435
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 472,516
Acturial value of plan assets 2017-12-31 472,516
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 386,041
Number of active participants 2017-12-31 9
Total funding liabilities for active participants 2017-12-31 386,041
Total participant count 2017-12-31 9
Total funding target for all participants 2017-12-31 386,041
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 101,285
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 66,378
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 34,907
Present value of excess contributions 2017-12-31 73,013
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 73,013
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 73,013
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 109,355
Total employer contributions 2017-12-31 105,344
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 101,002
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 71,088
Net shortfall amortization installment of oustanding balance 2017-12-31 29,616
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 77,544
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 77,544
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 101,002
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 349,652
Acturial value of plan assets 2016-12-31 349,652
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 228,282
Number of active participants 2016-12-31 9
Total funding liabilities for active participants 2016-12-31 287,444
Total participant count 2016-12-31 9
Total funding target for all participants 2016-12-31 287,444
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 58,723
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 52,902
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 5,821
Present value of excess contributions 2016-12-31 95,619
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 95,619
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 95,619
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 101,285
Total employer contributions 2016-12-31 125,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 120,087
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 62,484
Net shortfall amortization installment of oustanding balance 2016-12-31 45,529
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 70,606
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 70,606
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 120,087
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	1,182,686
Acturial value of plan assets	2022-12-31	1,182,686
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	3
Fundng target for terminated vested participants	2022-12-31	66,378
Active participant vested funding target	2022-12-31	1,223,440
Number of active participants	2022-12-31	7
Total funding liabilities for active participants	2022-12-31	1,223,440
Total participant count	2022-12-31	10
Total funding target for all participants	2022-12-31	1,289,818
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	143,917
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	130,388
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	13,529
Present value of excess contributions	2022-12-31	233,064
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	233,064
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	233,064
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	247,692
Total employer contributions	2022-12-31	338,122
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	327,673
Liquidity shortfalls end of Q1	2022-12-31	0
Liquidity shortfalls end of Q2	2022-12-31	0
Liquidity shortfalls end of Q3	2022-12-31	0
Liquidity shortfalls end of Q4	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	148,207
Net shortfall amortization installment of oustanding balance	2022-12-31	368,447
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	182,416
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	182,416
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	327,673
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,119,041
Acturial value of plan assets	2021-12-31	1,119,041
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	2
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	990,046
Number of active participants	2021-12-31	8
Total funding liabilities for active participants	2021-12-31	990,046
Total participant count	2021-12-31	10
Total funding target for all participants	2021-12-31	990,046
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	141,988
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	115,908
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	26,080
Present value of excess contributions	2021-12-31	114,530
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	114,530
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	114,530
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	143,917
Total employer contributions	2021-12-31	242,283
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	233,064
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	135,620
Net shortfall amortization installment of oustanding balance	2021-12-31	23,140
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	137,833
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	137,833
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	233,064
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	922,075
Acturial value of plan assets	2020-12-31	922,075
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	2
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	784,842
Number of active participants	2020-12-31	7
Total funding liabilities for active participants	2020-12-31	784,975
Total participant count	2020-12-31	9
Total funding target for all participants	2020-12-31	784,975
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	119,738
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	76,848
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	42,890
Present value of excess contributions	2020-12-31	92,441
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	92,441
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	92,441
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	141,988
Total employer contributions	2020-12-31	119,250
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	114,530
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	121,480
Net shortfall amortization installment of oustanding balance	2020-12-31	13,237
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	122,723
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	122,723
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	114,530
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	726,237
Acturial value of plan assets	2019-12-31	726,237
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	2
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	695,246
Number of active participants	2019-12-31	6
Total funding liabilities for active participants	2019-12-31	695,246
Total participant count	2019-12-31	8
Total funding target for all participants	2019-12-31	695,246
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	141,834
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	118,593
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	23,241
Present value of excess contributions	2019-12-31	98,435
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	98,435
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	98,435
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	119,738
Total employer contributions	2019-12-31	150,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	140,794
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	60,029
Net shortfall amortization installment of oustanding balance	2019-12-31	95,632
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	81,267
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	81,267
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	140,794
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	535,837
Acturial value of plan assets	2018-12-31	535,837
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	0
Fundng target for terminated vested participants	2018-12-31	0
Active participant vested funding target	2018-12-31	525,156
Number of active participants	2018-12-31	6
Total funding liabilities for active participants	2018-12-31	525,156
Total participant count	2018-12-31	6
Total funding target for all participants	2018-12-31	525,156
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	109,355
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	73,044
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	36,311
Present value of excess contributions	2018-12-31	101,002
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	101,002
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	101,002
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	141,834
Total employer contributions	2018-12-31	102,507
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	98,435
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	100,366
Net shortfall amortization installment of oustanding balance	2018-12-31	139,592
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	125,649
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	125,649
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	98,435
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	472,516
Acturial value of plan assets	2017-12-31	472,516
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	386,041
Number of active participants	2017-12-31	9
Total funding liabilities for active participants	2017-12-31	386,041
Total participant count	2017-12-31	9
Total funding target for all participants	2017-12-31	386,041
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	101,285
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	66,378
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	34,907
Present value of excess contributions	2017-12-31	73,013
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	73,013
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	73,013
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	109,355
Total employer contributions	2017-12-31	105,344
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	101,002
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	71,088
Net shortfall amortization installment of oustanding balance	2017-12-31	29,616
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	77,544
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	77,544
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	101,002
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: SHARON MANUFACTURING CO., INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	349,652
Acturial value of plan assets	2016-12-31	349,652
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	228,282
Number of active participants	2016-12-31	9
Total funding liabilities for active participants	2016-12-31	287,444
Total participant count	2016-12-31	9
Total funding target for all participants	2016-12-31	287,444
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	58,723
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	52,902
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	5,821
Present value of excess contributions	2016-12-31	95,619
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	95,619
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	95,619
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	101,285
Total employer contributions	2016-12-31	125,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	120,087
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	62,484
Net shortfall amortization installment of oustanding balance	2016-12-31	45,529
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	70,606
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	70,606
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	120,087
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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SHARON MANUFACTURING, INC. 401(K) P/S PLAN [EIN = 341052046]

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Company Name:	SHARON MANUFACTURING CO., INC.
Employer identification number (EIN):	112740894
NAIC Classification:	339900

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1985-02-26
Company Identification Number:	976664
Legal Registered Office Address:	2079 WANTAGH AVENUE SUITE 9 Suffolk WANTAGH NY 11793 United States of America (USA) 11793