SHARK TRANSPORTATION INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SHARK TRANSPORTATION INC PENSION PLAN
Measure | Date | Value |
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2023: SHARK TRANSPORTATION INC PENSION PLAN 2023 401k membership |
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Market value of plan assets | 2023-04-30 | 3,281,650 |
Acturial value of plan assets | 2023-04-30 | 3,281,650 |
Funding target for retired participants and beneficiaries receiving payment | 2023-04-30 | 0 |
Number of terminated vested participants | 2023-04-30 | 0 |
Fundng target for terminated vested participants | 2023-04-30 | 0 |
Active participant vested funding target | 2023-04-30 | 2,325,945 |
Number of active participants | 2023-04-30 | 4 |
Total funding liabilities for active participants | 2023-04-30 | 2,325,945 |
Total participant count | 2023-04-30 | 4 |
Total funding target for all participants | 2023-04-30 | 2,325,945 |
Balance at beginning of prior year after applicable adjustments | 2023-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-04-30 | 456,550 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-04-30 | 0 |
Amount remaining of carryover balance | 2023-04-30 | 0 |
Amount remaining of prefunding balance | 2023-04-30 | 456,550 |
Present value of excess contributions | 2023-04-30 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-04-30 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-04-30 | 0 |
Balance of carryovers at beginning of current year | 2023-04-30 | 0 |
Balance of prefunding at beginning of current year | 2023-04-30 | 469,881 |
Total employer contributions | 2023-04-30 | 105,086 |
Total employee contributions | 2023-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-04-30 | 101,069 |
Unpaid minimum required contributions for all prior years | 2023-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2023-04-30 | 182,354 |
Net shortfall amortization installment of oustanding balance | 2023-04-30 | 0 |
Waiver amortization installment | 2023-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-04-30 | 0 |
Carryover balance elected to use to offset funding requirement | 2023-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-04-30 | 0 |
Additional cash requirement | 2023-04-30 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2023-04-30 | 101,069 |
Unpaid minimum required contributions for current year | 2023-04-30 | 0 |
Unpaid minimum required contributions for all years | 2023-04-30 | 0 |
2022: SHARK TRANSPORTATION INC PENSION PLAN 2022 401k membership |
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Market value of plan assets | 2022-04-30 | 3,211,173 |
Acturial value of plan assets | 2022-04-30 | 3,211,173 |
Funding target for retired participants and beneficiaries receiving payment | 2022-04-30 | 0 |
Number of terminated vested participants | 2022-04-30 | 0 |
Fundng target for terminated vested participants | 2022-04-30 | 0 |
Active participant vested funding target | 2022-04-30 | 2,123,625 |
Number of active participants | 2022-04-30 | 4 |
Total funding liabilities for active participants | 2022-04-30 | 2,123,625 |
Total participant count | 2022-04-30 | 4 |
Total funding target for all participants | 2022-04-30 | 2,123,625 |
Balance at beginning of prior year after applicable adjustments | 2022-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-04-30 | 71,865 |
Amount remaining of carryover balance | 2022-04-30 | 0 |
Amount remaining of prefunding balance | 2022-04-30 | 71,865 |
Present value of excess contributions | 2022-04-30 | 343,828 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-04-30 | 361,501 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-04-30 | 361,501 |
Reductions in caryover balances due to elections or deemed elections | 2022-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-04-30 | 0 |
Balance of carryovers at beginning of current year | 2022-04-30 | 0 |
Balance of prefunding at beginning of current year | 2022-04-30 | 456,550 |
Total employer contributions | 2022-04-30 | 0 |
Total employee contributions | 2022-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-04-30 | 0 |
Unpaid minimum required contributions for all prior years | 2022-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2022-04-30 | 110,625 |
Net shortfall amortization installment of oustanding balance | 2022-04-30 | 0 |
Waiver amortization installment | 2022-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-04-30 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-04-30 | 0 |
Additional cash requirement | 2022-04-30 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-04-30 | 0 |
Unpaid minimum required contributions for current year | 2022-04-30 | 0 |
Unpaid minimum required contributions for all years | 2022-04-30 | 0 |
2021: SHARK TRANSPORTATION INC PENSION PLAN 2021 401k membership |
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Market value of plan assets | 2021-04-30 | 2,156,332 |
Acturial value of plan assets | 2021-04-30 | 2,156,332 |
Funding target for retired participants and beneficiaries receiving payment | 2021-04-30 | 0 |
Number of terminated vested participants | 2021-04-30 | 0 |
Fundng target for terminated vested participants | 2021-04-30 | 0 |
Active participant vested funding target | 2021-04-30 | 2,084,374 |
Number of active participants | 2021-04-30 | 4 |
Total funding liabilities for active participants | 2021-04-30 | 2,084,374 |
Total participant count | 2021-04-30 | 4 |
Total funding target for all participants | 2021-04-30 | 2,084,374 |
Balance at beginning of prior year after applicable adjustments | 2021-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-04-30 | 82,676 |
Amount remaining of carryover balance | 2021-04-30 | 0 |
Amount remaining of prefunding balance | 2021-04-30 | 82,676 |
Present value of excess contributions | 2021-04-30 | 72,181 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-04-30 | 75,833 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-04-30 | 75,833 |
Reductions in caryover balances due to elections or deemed elections | 2021-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-04-30 | 89,000 |
Balance of carryovers at beginning of current year | 2021-04-30 | 0 |
Balance of prefunding at beginning of current year | 2021-04-30 | 71,865 |
Total employer contributions | 2021-04-30 | 371,314 |
Total employee contributions | 2021-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-04-30 | 343,828 |
Unpaid minimum required contributions for all prior years | 2021-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2021-04-30 | 0 |
Net shortfall amortization installment of oustanding balance | 2021-04-30 | 0 |
Waiver amortization installment | 2021-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-04-30 | 0 |
Additional cash requirement | 2021-04-30 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-04-30 | 343,828 |
Unpaid minimum required contributions for current year | 2021-04-30 | 0 |
Unpaid minimum required contributions for all years | 2021-04-30 | 0 |
2020: SHARK TRANSPORTATION INC PENSION PLAN 2020 401k membership |
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Market value of plan assets | 2020-04-30 | 1,999,424 |
Acturial value of plan assets | 2020-04-30 | 1,999,424 |
Funding target for retired participants and beneficiaries receiving payment | 2020-04-30 | 0 |
Number of terminated vested participants | 2020-04-30 | 0 |
Fundng target for terminated vested participants | 2020-04-30 | 0 |
Active participant vested funding target | 2020-04-30 | 2,005,301 |
Number of active participants | 2020-04-30 | 4 |
Total funding liabilities for active participants | 2020-04-30 | 2,005,301 |
Total participant count | 2020-04-30 | 4 |
Total funding target for all participants | 2020-04-30 | 2,005,301 |
Balance at beginning of prior year after applicable adjustments | 2020-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-04-30 | 20,782 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-04-30 | 0 |
Amount remaining of carryover balance | 2020-04-30 | 0 |
Amount remaining of prefunding balance | 2020-04-30 | 20,782 |
Present value of excess contributions | 2020-04-30 | 56,031 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-04-30 | 58,995 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-04-30 | 58,995 |
Reductions in caryover balances due to elections or deemed elections | 2020-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-04-30 | 0 |
Balance of carryovers at beginning of current year | 2020-04-30 | 0 |
Balance of prefunding at beginning of current year | 2020-04-30 | 82,676 |
Total employer contributions | 2020-04-30 | 100,000 |
Total employee contributions | 2020-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-04-30 | 93,176 |
Unpaid minimum required contributions for all prior years | 2020-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2020-04-30 | 0 |
Net shortfall amortization installment of oustanding balance | 2020-04-30 | 88,553 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-04-30 | 20,995 |
Additional cash requirement | 2020-04-30 | 20,995 |
Contributions allocatedtoward minimum required contributions for current year | 2020-04-30 | 93,176 |
Unpaid minimum required contributions for current year | 2020-04-30 | 0 |
Unpaid minimum required contributions for all years | 2020-04-30 | 0 |
2019: SHARK TRANSPORTATION INC PENSION PLAN 2019 401k membership |
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Market value of plan assets | 2019-04-30 | 1,676,388 |
Acturial value of plan assets | 2019-04-30 | 1,676,388 |
Funding target for retired participants and beneficiaries receiving payment | 2019-04-30 | 0 |
Number of terminated vested participants | 2019-04-30 | 0 |
Fundng target for terminated vested participants | 2019-04-30 | 0 |
Active participant vested funding target | 2019-04-30 | 1,854,418 |
Number of active participants | 2019-04-30 | 4 |
Total funding liabilities for active participants | 2019-04-30 | 1,854,418 |
Total participant count | 2019-04-30 | 4 |
Total funding target for all participants | 2019-04-30 | 1,854,418 |
Balance at beginning of prior year after applicable adjustments | 2019-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-04-30 | 12,887 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-04-30 | 0 |
Amount remaining of carryover balance | 2019-04-30 | 0 |
Amount remaining of prefunding balance | 2019-04-30 | 12,887 |
Present value of excess contributions | 2019-04-30 | 7,016 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-04-30 | 7,408 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-04-30 | 7,408 |
Reductions in caryover balances due to elections or deemed elections | 2019-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-04-30 | 0 |
Balance of carryovers at beginning of current year | 2019-04-30 | 0 |
Balance of prefunding at beginning of current year | 2019-04-30 | 20,782 |
Total employer contributions | 2019-04-30 | 100,000 |
Total employee contributions | 2019-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-04-30 | 90,767 |
Unpaid minimum required contributions for all prior years | 2019-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2019-04-30 | 0 |
Net shortfall amortization installment of oustanding balance | 2019-04-30 | 198,812 |
Waiver amortization installment | 2019-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-04-30 | 34,736 |
Carryover balance elected to use to offset funding requirement | 2019-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-04-30 | 0 |
Additional cash requirement | 2019-04-30 | 34,736 |
Contributions allocatedtoward minimum required contributions for current year | 2019-04-30 | 90,767 |
Unpaid minimum required contributions for current year | 2019-04-30 | 0 |
Unpaid minimum required contributions for all years | 2019-04-30 | 0 |
2018: SHARK TRANSPORTATION INC PENSION PLAN 2018 401k membership |
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Market value of plan assets | 2018-04-30 | 1,178,244 |
Acturial value of plan assets | 2018-04-30 | 1,178,244 |
Funding target for retired participants and beneficiaries receiving payment | 2018-04-30 | 0 |
Number of terminated vested participants | 2018-04-30 | 0 |
Fundng target for terminated vested participants | 2018-04-30 | 0 |
Active participant vested funding target | 2018-04-30 | 1,227,211 |
Number of active participants | 2018-04-30 | 3 |
Total funding liabilities for active participants | 2018-04-30 | 1,227,211 |
Total participant count | 2018-04-30 | 3 |
Total funding target for all participants | 2018-04-30 | 1,227,211 |
Balance at beginning of prior year after applicable adjustments | 2018-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-04-30 | 145,839 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-04-30 | 133,967 |
Amount remaining of carryover balance | 2018-04-30 | 0 |
Amount remaining of prefunding balance | 2018-04-30 | 11,872 |
Present value of excess contributions | 2018-04-30 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-04-30 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-04-30 | 0 |
Balance of carryovers at beginning of current year | 2018-04-30 | 0 |
Balance of prefunding at beginning of current year | 2018-04-30 | 12,887 |
Total employer contributions | 2018-04-30 | 465,000 |
Total employee contributions | 2018-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-04-30 | 425,319 |
Unpaid minimum required contributions for all prior years | 2018-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2018-04-30 | 407,231 |
Net shortfall amortization installment of oustanding balance | 2018-04-30 | 61,854 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-04-30 | 418,303 |
Carryover balance elected to use to offset funding requirement | 2018-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-04-30 | 0 |
Additional cash requirement | 2018-04-30 | 418,303 |
Contributions allocatedtoward minimum required contributions for current year | 2018-04-30 | 425,319 |
Unpaid minimum required contributions for current year | 2018-04-30 | 0 |
Unpaid minimum required contributions for all years | 2018-04-30 | 0 |
2017: SHARK TRANSPORTATION INC PENSION PLAN 2017 401k membership |
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Market value of plan assets | 2017-04-30 | 845,037 |
Acturial value of plan assets | 2017-04-30 | 845,037 |
Funding target for retired participants and beneficiaries receiving payment | 2017-04-30 | 0 |
Number of terminated vested participants | 2017-04-30 | 0 |
Fundng target for terminated vested participants | 2017-04-30 | 0 |
Active participant vested funding target | 2017-04-30 | 746,268 |
Number of active participants | 2017-04-30 | 3 |
Total funding liabilities for active participants | 2017-04-30 | 746,268 |
Total participant count | 2017-04-30 | 3 |
Total funding target for all participants | 2017-04-30 | 746,268 |
Balance at beginning of prior year after applicable adjustments | 2017-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-04-30 | 0 |
Amount remaining of carryover balance | 2017-04-30 | 0 |
Amount remaining of prefunding balance | 2017-04-30 | 0 |
Present value of excess contributions | 2017-04-30 | 137,870 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-04-30 | 145,839 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-04-30 | 145,839 |
Reductions in caryover balances due to elections or deemed elections | 2017-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-04-30 | 0 |
Balance of carryovers at beginning of current year | 2017-04-30 | 0 |
Balance of prefunding at beginning of current year | 2017-04-30 | 145,839 |
Total employer contributions | 2017-04-30 | 260,000 |
Total employee contributions | 2017-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-04-30 | 246,697 |
Unpaid minimum required contributions for all prior years | 2017-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2017-04-30 | 372,887 |
Net shortfall amortization installment of oustanding balance | 2017-04-30 | 47,070 |
Waiver amortization installment | 2017-04-30 | 0 |
Waived amount of outstanding balance | 2017-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-04-30 | 380,664 |
Carryover balance elected to use to offset funding requirement | 2017-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-04-30 | 133,967 |
Additional cash requirement | 2017-04-30 | 246,697 |
Contributions allocatedtoward minimum required contributions for current year | 2017-04-30 | 246,697 |
Unpaid minimum required contributions for current year | 2017-04-30 | 0 |
Unpaid minimum required contributions for all years | 2017-04-30 | 0 |