401k Plan data: X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN plan

X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 401k Plan overview

Plan Name	X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN
Plan identification number	002

X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily flat dollar (includes dollars per year of service)
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).
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

X-RAY VISIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name: X-RAY VISIONS, INC.

Employer identification number (EIN): 201684167

NAIC Classification: 423800

Additional information about X-RAY VISIONS, INC.

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 2004-09-09

Company Identification Number: 0623524

Legal Registered Office Address: 7536 FULLERTON CT

SPRINGFIELD
United States of America (USA)
22153

More information about X-RAY VISIONS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2017-01-01
002 2016-01-01
002 2015-01-01
002 2014-01-01 DONALD MORI 2015-09-23
002 2013-01-01 DONALD MORI 2014-09-19
002 2012-01-01 DONALD MORI 2013-07-08
002 2011-01-01 DONALD MORI 2012-10-04
002 2010-01-01 DONALD MORI 2011-07-25
002 2009-01-01 DONALD MORI
002 2008-01-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2014-01-01	DONALD MORI	2015-09-23
002	2013-01-01	DONALD MORI	2014-09-19
002	2012-01-01	DONALD MORI	2013-07-08
002	2011-01-01	DONALD MORI	2012-10-04
002	2010-01-01	DONALD MORI	2011-07-25
002	2009-01-01	DONALD MORI
002	2008-01-01

Plan Statistics for X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN

Measure Date Value
2016: X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,442,617
Acturial value of plan assets 2016-12-31 1,442,617
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 13
Fundng target for terminated vested participants 2016-12-31 22,561
Active participant vested funding target 2016-12-31 1,552,677
Number of active participants 2016-12-31 26
Total funding liabilities for active participants 2016-12-31 1,561,386
Total participant count 2016-12-31 39
Total funding target for all participants 2016-12-31 1,583,947
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 0
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 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 1,618
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 1,714
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
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 0
Total employer contributions 2016-12-31 156,961
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 2016-12-31 148,004
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 11,388
Net shortfall amortization installment of oustanding balance 2016-12-31 141,330
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 19,172
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 0
Additional cash requirement 2016-12-31 19,172
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 148,004
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2009: X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 15
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 11
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 3
Total of all active and inactive participants 2009-01-01 14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2016: X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,442,617
Acturial value of plan assets	2016-12-31	1,442,617
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	13
Fundng target for terminated vested participants	2016-12-31	22,561
Active participant vested funding target	2016-12-31	1,552,677
Number of active participants	2016-12-31	26
Total funding liabilities for active participants	2016-12-31	1,561,386
Total participant count	2016-12-31	39
Total funding target for all participants	2016-12-31	1,583,947
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	0
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	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	1,618
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	1,714
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
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	0
Total employer contributions	2016-12-31	156,961
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	148,004
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	11,388
Net shortfall amortization installment of oustanding balance	2016-12-31	141,330
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	19,172
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	0
Additional cash requirement	2016-12-31	19,172
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	148,004
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2009: X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	15
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	11
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	3
Total of all active and inactive participants	2009-01-01	14
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	14
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN

Measure	Date	Value
2009 : X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN

2009: X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2008: X-RAY VISIONS, INC. CASH BALANCE PENSION PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	Yes
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No

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:	X-RAY VISIONS, INC.
Employer identification number (EIN):	201684167
NAIC Classification:	423800

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	2004-09-09
Company Identification Number:	0623524
Legal Registered Office Address:	7536 FULLERTON CT SPRINGFIELD United States of America (USA) 22153