401k Plan data: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN plan

GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN
Plan identification number	002

GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

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 not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Life insurance
Long-term disability cover
Other welfare benefit cover

401k Sponsoring company profile

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

Company Name: GENESIS VISION, INC.

Employer identification number (EIN): 203252152

NAIC Classification: 339110

Additional information about GENESIS VISION, INC.

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 2005-07-27

Company Identification Number: 3236002

Legal Registered Office Address: 920 EMERSON STREEET
Monroe
ROCHESTER
United States of America (USA)
14606

More information about GENESIS VISION, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2017-01-01 PETER BALASH 2018-07-24
002 2016-01-01 PETER BALASH 2017-07-11
002 2015-01-01 PETER BALASH 2016-10-06
002 2014-01-01 PETER BALASH 2015-04-21
002 2013-01-01 PETER BALASH 2014-04-29
002 2012-01-01 PETER BALASH 2013-06-03
002 2011-02-01 PETER BALASH
002 2011-01-01 PETER BALASH 2012-04-02
002 2010-01-01 PETER BALASH 2011-07-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2017-01-01	PETER BALASH	2018-07-24
002	2016-01-01	PETER BALASH	2017-07-11
002	2015-01-01	PETER BALASH	2016-10-06
002	2014-01-01	PETER BALASH	2015-04-21
002	2013-01-01	PETER BALASH	2014-04-29
002	2012-01-01	PETER BALASH	2013-06-03
002	2011-02-01	PETER BALASH
002	2011-01-01	PETER BALASH	2012-04-02
002	2010-01-01	PETER BALASH	2011-07-14

Plan Statistics for GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN

401k plan membership statisitcs for GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN

Measure Date Value
2017: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,475,039
Acturial value of plan assets 2017-12-31 1,475,039
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 4
Fundng target for terminated vested participants 2017-12-31 24,507
Active participant vested funding target 2017-12-31 1,318,755
Number of active participants 2017-12-31 32
Total funding liabilities for active participants 2017-12-31 1,318,755
Total participant count 2017-12-31 36
Total funding target for all participants 2017-12-31 1,343,262
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 109,571
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 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 109,571
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
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 2017-12-31 122,610
Total employer contributions 2017-12-31 0
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 0
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 83,070
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 73,903
Prefunding balance elected to use to offset funding requirement 2017-12-31 73,903
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,475,039
Acturial value of plan assets 2016-12-31 1,475,039
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 4
Fundng target for terminated vested participants 2016-12-31 21,343
Active participant vested funding target 2016-12-31 1,199,282
Number of active participants 2016-12-31 26
Total funding liabilities for active participants 2016-12-31 1,199,282
Total participant count 2016-12-31 30
Total funding target for all participants 2016-12-31 1,220,625
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 110,600
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 2016-12-31 110,600
Present value of excess contributions 2016-12-31 155
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 155
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 2016-12-31 109,571
Total employer contributions 2016-12-31 0
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 0
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 2016-12-31 122,808
Net shortfall amortization installment of oustanding balance 2016-12-31 0
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 0
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 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2011: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-02-01 104
Total number of active participants reported on line 7a of the Form 5500 2011-02-01 104
Total of all active and inactive participants 2011-02-01 104
Total participants 2011-02-01 104

Measure	Date	Value
2017: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,475,039
Acturial value of plan assets	2017-12-31	1,475,039
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	4
Fundng target for terminated vested participants	2017-12-31	24,507
Active participant vested funding target	2017-12-31	1,318,755
Number of active participants	2017-12-31	32
Total funding liabilities for active participants	2017-12-31	1,318,755
Total participant count	2017-12-31	36
Total funding target for all participants	2017-12-31	1,343,262
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	109,571
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	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	109,571
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
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	122,610
Total employer contributions	2017-12-31	0
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	0
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	83,070
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	73,903
Prefunding balance elected to use to offset funding requirement	2017-12-31	73,903
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,475,039
Acturial value of plan assets	2016-12-31	1,475,039
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	4
Fundng target for terminated vested participants	2016-12-31	21,343
Active participant vested funding target	2016-12-31	1,199,282
Number of active participants	2016-12-31	26
Total funding liabilities for active participants	2016-12-31	1,199,282
Total participant count	2016-12-31	30
Total funding target for all participants	2016-12-31	1,220,625
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	110,600
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	110,600
Present value of excess contributions	2016-12-31	155
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	155
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	109,571
Total employer contributions	2016-12-31	0
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	0
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	122,808
Net shortfall amortization installment of oustanding balance	2016-12-31	0
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	0
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	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2011: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-02-01	104
Total number of active participants reported on line 7a of the Form 5500	2011-02-01	104
Total of all active and inactive participants	2011-02-01	104
Total participants	2011-02-01	104

Form 5500 Responses for GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN

2011: GENESIS VISION INC & HIS LAND LLC DEFINED BENEFIT PLAN 2011 form 5500 responses
2011-02-01	Type of plan entity	Single employer plan
2011-02-01	Submission has been amended	No
2011-02-01	This submission is the final filing	No
2011-02-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-02-01	Plan is a collectively bargained plan	No
2011-02-01	Plan funding arrangement – Insurance	Yes
2011-02-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

LINCOLN LIFE AND ANNUITY CO OF NY (National Association of Insurance Commissioners NAIC id number: 62057 )

Policy contract number

000010125421

Policy instance

Insurance contract or identification number	000010125421
Number of Individuals Covered	104
Insurance policy start date	2011-02-01
Insurance policy end date	2012-01-31
Long Term Disability Insurance Welfare Benefit	Yes
Welfare Benefit Premiums Paid to Carrier	USD $7,965
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

LINCOLN LIFE AND ANNUITY CO OF NY (National Association of Insurance Commissioners NAIC id number: 62057 )

Policy contract number

000010125420

Policy instance

Insurance contract or identification number	000010125420
Number of Individuals Covered	104
Insurance policy start date	2011-02-01
Insurance policy end date	2012-01-31
Life Insurance Welfare Benefit	Yes
Other welfare benefits provided	AD&D
Welfare Benefit Premiums Paid to Carrier	USD $15,514
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	GENESIS VISION, INC.
Employer identification number (EIN):	203252152
NAIC Classification:	339110

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	2005-07-27
Company Identification Number:	3236002
Legal Registered Office Address:	920 EMERSON STREEET Monroe ROCHESTER United States of America (USA) 14606