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MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN 401k Plan overview

Plan NameMILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN
Plan identification number 002

MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • 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).
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MRA ASSOCIATES USA LLC has sponsored the creation of one or more 401k plans.

Company Name:MRA ASSOCIATES USA LLC
Employer identification number (EIN):271529830
NAIC Classification:523900

Additional information about MRA ASSOCIATES USA LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 4769215

More information about MRA ASSOCIATES USA LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01BRENDA BERNARDI2015-09-16

Plan Statistics for MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN

401k plan membership statisitcs for MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN

Measure Date Value
2020: MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-311,021,446
Acturial value of plan assets2020-12-311,021,446
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-314
Fundng target for terminated vested participants2020-12-3133,787
Active participant vested funding target2020-12-31970,226
Number of active participants2020-12-3146
Total funding liabilities for active participants2020-12-31970,226
Total participant count2020-12-3150
Total funding target for all participants2020-12-311,004,013
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3199,887
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3128,841
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3171,046
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3177,383
Total employer contributions2020-12-31115,223
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31114,799
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3158,142
Net shortfall amortization installment of oustanding balance2020-12-317,008
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3159,431
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-3159,431
Contributions allocatedtoward minimum required contributions for current year2020-12-31114,799
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-311,000,607
Acturial value of plan assets2019-12-311,000,607
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-31903,096
Number of active participants2019-12-3153
Total funding liabilities for active participants2019-12-31903,096
Total participant count2019-12-3153
Total funding target for all participants2019-12-31903,096
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31101,491
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31101,491
Present value of excess contributions2019-12-3172,352
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3172,352
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-3199,887
Total employer contributions2019-12-31153,696
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31155,469
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31184,292
Net shortfall amortization installment of oustanding balance2019-12-317,930
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31185,581
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3130,112
Additional cash requirement2019-12-31155,469
Contributions allocatedtoward minimum required contributions for current year2019-12-31155,469
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-31679,456
Acturial value of plan assets2018-12-31679,456
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-315,449
Active participant vested funding target2018-12-31636,019
Number of active participants2018-12-3146
Total funding liabilities for active participants2018-12-31636,019
Total participant count2018-12-3148
Total funding target for all participants2018-12-31641,468
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3195,936
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3195,936
Present value of excess contributions2018-12-3123,551
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3123,551
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31101,491
Total employer contributions2018-12-31241,973
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31241,657
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31169,305
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31169,305
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31169,305
Contributions allocatedtoward minimum required contributions for current year2018-12-31241,657
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-31525,957
Acturial value of plan assets2017-12-31525,957
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-313
Fundng target for terminated vested participants2017-12-311,690
Active participant vested funding target2017-12-31443,472
Number of active participants2017-12-3139
Total funding liabilities for active participants2017-12-31443,472
Total participant count2017-12-3142
Total funding target for all participants2017-12-31445,162
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3189,819
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-3189,819
Present value of excess contributions2017-12-3129,808
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3129,808
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-3195,936
Total employer contributions2017-12-31168,097
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31170,391
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31146,840
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31146,840
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31146,840
Contributions allocatedtoward minimum required contributions for current year2017-12-31170,391
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: MILLER/RUSSELL & ASSOCIATES LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31339,448
Acturial value of plan assets2016-12-31339,448
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-311,190
Active participant vested funding target2016-12-31274,990
Number of active participants2016-12-3136
Total funding liabilities for active participants2016-12-31274,990
Total participant count2016-12-3138
Total funding target for all participants2016-12-31276,180
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3140,388
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3140,388
Present value of excess contributions2016-12-3149,996
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3149,996
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3149,996
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-3189,819
Total employer contributions2016-12-31164,490
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31167,283
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31137,475
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31137,475
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31137,475
Contributions allocatedtoward minimum required contributions for current year2016-12-31167,283
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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