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MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 401k Plan overview

Plan NameMAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN
Plan identification number 002

MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • 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

MAGNI POWER COMPANY has sponsored the creation of one or more 401k plans.

Company Name:MAGNI POWER COMPANY
Employer identification number (EIN):340754779
NAIC Classification:332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-12-28SCOTT HALL2023-09-27 SCOTT HALL2023-09-27
0022020-12-28SCOTT HALL2022-09-21 SCOTT HALL2022-09-21
0022019-12-28SCOTT HALL2021-07-14 SCOTT HALL2021-07-14
0022018-12-28SCOTT HALL2020-07-22 SCOTT HALL2020-07-22
0022017-12-28SCOTT HALL2019-09-12 SCOTT HALL2019-09-12
0022016-12-28SCOTT HALL2018-09-26 SCOTT HALL2018-09-26
0022015-12-28SCOTT HALL2017-10-05 SCOTT HALL2017-10-05
0022014-12-28DAVID FLICKINGER2016-09-06 DAVID FLICKINGER2016-09-06
0022013-12-28DAVID FLICKINGER
0022012-12-28DAVID FLICKINGER
0022011-12-28DAVID FLICKINGER
0022010-12-28DAVID FLICKINGER
0022009-12-28DAVID FLICKINGER
0022008-12-28

Plan Statistics for MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN

401k plan membership statisitcs for MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN

Measure Date Value
2022: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-272,523,982
Acturial value of plan assets2022-12-272,523,982
Funding target for retired participants and beneficiaries receiving payment2022-12-2731,025
Number of terminated vested participants2022-12-272
Fundng target for terminated vested participants2022-12-2722,264
Active participant vested funding target2022-12-271,949,284
Number of active participants2022-12-2730
Total funding liabilities for active participants2022-12-271,952,661
Total participant count2022-12-2735
Total funding target for all participants2022-12-272,005,950
Balance at beginning of prior year after applicable adjustments2022-12-270
Prefunding balance at beginning of prior year after applicable adjustments2022-12-27235,388
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-270
Prefunding balanced used to offset prior years funding requirement2022-12-2747,116
Amount remaining of carryover balance2022-12-270
Amount remaining of prefunding balance2022-12-27188,272
Present value of excess contributions2022-12-270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-270
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-270
Reductions in caryover balances due to elections or deemed elections2022-12-270
Reductions in prefunding balances due to elections or deemed elections2022-12-270
Balance of carryovers at beginning of current year2022-12-270
Balance of prefunding at beginning of current year2022-12-27213,124
Total employer contributions2022-12-2750,000
Total employee contributions2022-12-270
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-270
Contributions made to avoid restrictions adjusted to valuation date2022-12-270
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-2746,538
Unpaid minimum required contributions for all prior years2022-12-270
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-270
Remaining amount of unpaid minimum required contributions2022-12-270
Minimum required contributions for current year target normal cost2022-12-2796,571
Net shortfall amortization installment of oustanding balance2022-12-270
Waiver amortization installment2022-12-270
Total funding amount beforereflecting carryover/prefunding balances2022-12-270
Carryover balance elected to use to offset funding requirement2022-12-270
Prefunding balance elected to use to offset funding requirement2022-12-270
Additional cash requirement2022-12-270
Contributions allocatedtoward minimum required contributions for current year2022-12-2746,538
Unpaid minimum required contributions for current year2022-12-270
Unpaid minimum required contributions for all years2022-12-270
2021: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-272,518,776
Acturial value of plan assets2021-12-272,518,776
Funding target for retired participants and beneficiaries receiving payment2021-12-2732,665
Number of terminated vested participants2021-12-272
Fundng target for terminated vested participants2021-12-27157
Active participant vested funding target2021-12-272,128,495
Number of active participants2021-12-2730
Total funding liabilities for active participants2021-12-272,131,672
Total participant count2021-12-2735
Total funding target for all participants2021-12-272,164,494
Balance at beginning of prior year after applicable adjustments2021-12-270
Prefunding balance at beginning of prior year after applicable adjustments2021-12-27240,521
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-270
Prefunding balanced used to offset prior years funding requirement2021-12-2722,569
Amount remaining of carryover balance2021-12-270
Amount remaining of prefunding balance2021-12-27217,952
Present value of excess contributions2021-12-270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-270
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-270
Reductions in caryover balances due to elections or deemed elections2021-12-270
Reductions in prefunding balances due to elections or deemed elections2021-12-270
Balance of carryovers at beginning of current year2021-12-270
Balance of prefunding at beginning of current year2021-12-27235,388
Total employer contributions2021-12-2750,000
Total employee contributions2021-12-270
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-270
Contributions made to avoid restrictions adjusted to valuation date2021-12-270
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-2746,210
Unpaid minimum required contributions for all prior years2021-12-270
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-270
Remaining amount of unpaid minimum required contributions2021-12-270
Minimum required contributions for current year target normal cost2021-12-2793,326
Net shortfall amortization installment of oustanding balance2021-12-270
Waiver amortization installment2021-12-270
Total funding amount beforereflecting carryover/prefunding balances2021-12-2793,326
Carryover balance elected to use to offset funding requirement2021-12-270
Prefunding balance elected to use to offset funding requirement2021-12-2747,116
Additional cash requirement2021-12-2746,210
Contributions allocatedtoward minimum required contributions for current year2021-12-2746,210
Unpaid minimum required contributions for current year2021-12-270
Unpaid minimum required contributions for all years2021-12-270
2020: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-272,322,267
Acturial value of plan assets2020-12-272,322,267
Funding target for retired participants and beneficiaries receiving payment2020-12-2733,129
Number of terminated vested participants2020-12-270
Fundng target for terminated vested participants2020-12-270
Active participant vested funding target2020-12-272,046,614
Number of active participants2020-12-2733
Total funding liabilities for active participants2020-12-272,048,617
Total participant count2020-12-2736
Total funding target for all participants2020-12-272,081,746
Balance at beginning of prior year after applicable adjustments2020-12-270
Prefunding balance at beginning of prior year after applicable adjustments2020-12-27578,996
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-270
Prefunding balanced used to offset prior years funding requirement2020-12-27138,939
Amount remaining of carryover balance2020-12-270
Amount remaining of prefunding balance2020-12-27440,057
Present value of excess contributions2020-12-270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-270
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-270
Reductions in caryover balances due to elections or deemed elections2020-12-270
Reductions in prefunding balances due to elections or deemed elections2020-12-27281,915
Balance of carryovers at beginning of current year2020-12-270
Balance of prefunding at beginning of current year2020-12-27240,521
Total employer contributions2020-12-2750,000
Total employee contributions2020-12-270
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-270
Contributions made to avoid restrictions adjusted to valuation date2020-12-270
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-2747,368
Liquidity shortfalls end of Q12020-12-270
Liquidity shortfalls end of Q22020-12-270
Liquidity shortfalls end of Q32020-12-270
Liquidity shortfalls end of Q42020-12-270
Unpaid minimum required contributions for all prior years2020-12-270
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-270
Remaining amount of unpaid minimum required contributions2020-12-270
Minimum required contributions for current year target normal cost2020-12-2769,937
Net shortfall amortization installment of oustanding balance2020-12-270
Waiver amortization installment2020-12-270
Total funding amount beforereflecting carryover/prefunding balances2020-12-2769,937
Carryover balance elected to use to offset funding requirement2020-12-270
Prefunding balance elected to use to offset funding requirement2020-12-2722,569
Additional cash requirement2020-12-2747,368
Contributions allocatedtoward minimum required contributions for current year2020-12-2747,368
Unpaid minimum required contributions for current year2020-12-270
Unpaid minimum required contributions for all years2020-12-270
2019: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-272,207,513
Acturial value of plan assets2019-12-272,207,513
Funding target for retired participants and beneficiaries receiving payment2019-12-2733,765
Number of terminated vested participants2019-12-272
Fundng target for terminated vested participants2019-12-2743,668
Active participant vested funding target2019-12-271,950,949
Number of active participants2019-12-2735
Total funding liabilities for active participants2019-12-271,951,080
Total participant count2019-12-2740
Total funding target for all participants2019-12-272,028,513
Balance at beginning of prior year after applicable adjustments2019-12-270
Prefunding balance at beginning of prior year after applicable adjustments2019-12-27575,177
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-270
Prefunding balanced used to offset prior years funding requirement2019-12-270
Amount remaining of carryover balance2019-12-270
Amount remaining of prefunding balance2019-12-27575,177
Present value of excess contributions2019-12-2746,142
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-2748,855
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-2748,855
Reductions in caryover balances due to elections or deemed elections2019-12-270
Reductions in prefunding balances due to elections or deemed elections2019-12-270
Balance of carryovers at beginning of current year2019-12-270
Balance of prefunding at beginning of current year2019-12-27578,996
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-270
Contributions made to avoid restrictions adjusted to valuation date2019-12-270
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-270
Unpaid minimum required contributions for all prior years2019-12-270
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-270
Remaining amount of unpaid minimum required contributions2019-12-270
Minimum required contributions for current year target normal cost2019-12-2773,640
Net shortfall amortization installment of oustanding balance2019-12-27399,996
Waiver amortization installment2019-12-270
Total funding amount beforereflecting carryover/prefunding balances2019-12-27138,939
Carryover balance elected to use to offset funding requirement2019-12-270
Prefunding balance elected to use to offset funding requirement2019-12-27138,939
Additional cash requirement2019-12-270
Contributions allocatedtoward minimum required contributions for current year2019-12-270
Unpaid minimum required contributions for current year2019-12-270
Unpaid minimum required contributions for all years2019-12-270
2018: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-272,767,790
Acturial value of plan assets2018-12-272,767,790
Funding target for retired participants and beneficiaries receiving payment2018-12-2733,753
Number of terminated vested participants2018-12-273
Fundng target for terminated vested participants2018-12-27486
Active participant vested funding target2018-12-272,108,492
Number of active participants2018-12-2736
Total funding liabilities for active participants2018-12-272,108,557
Total participant count2018-12-2742
Total funding target for all participants2018-12-272,142,796
Balance at beginning of prior year after applicable adjustments2018-12-270
Prefunding balance at beginning of prior year after applicable adjustments2018-12-27521,236
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-270
Prefunding balanced used to offset prior years funding requirement2018-12-270
Amount remaining of carryover balance2018-12-270
Amount remaining of prefunding balance2018-12-27521,236
Present value of excess contributions2018-12-270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-270
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-270
Reductions in caryover balances due to elections or deemed elections2018-12-270
Reductions in prefunding balances due to elections or deemed elections2018-12-2716,426
Balance of carryovers at beginning of current year2018-12-270
Balance of prefunding at beginning of current year2018-12-27575,177
Total employer contributions2018-12-2750,000
Total employee contributions2018-12-270
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-270
Contributions made to avoid restrictions adjusted to valuation date2018-12-270
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-2746,142
Unpaid minimum required contributions for all prior years2018-12-270
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-270
Remaining amount of unpaid minimum required contributions2018-12-270
Minimum required contributions for current year target normal cost2018-12-2749,817
Net shortfall amortization installment of oustanding balance2018-12-270
Waiver amortization installment2018-12-270
Total funding amount beforereflecting carryover/prefunding balances2018-12-270
Carryover balance elected to use to offset funding requirement2018-12-270
Prefunding balance elected to use to offset funding requirement2018-12-270
Additional cash requirement2018-12-270
Contributions allocatedtoward minimum required contributions for current year2018-12-2746,142
Unpaid minimum required contributions for current year2018-12-270
Unpaid minimum required contributions for all years2018-12-270
2017: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-272,702,881
Acturial value of plan assets2017-12-272,702,881
Funding target for retired participants and beneficiaries receiving payment2017-12-2734,003
Number of terminated vested participants2017-12-270
Fundng target for terminated vested participants2017-12-270
Active participant vested funding target2017-12-272,095,273
Number of active participants2017-12-2737
Total funding liabilities for active participants2017-12-272,098,011
Total participant count2017-12-2740
Total funding target for all participants2017-12-272,132,014
Balance at beginning of prior year after applicable adjustments2017-12-2744,833
Prefunding balance at beginning of prior year after applicable adjustments2017-12-27566,270
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-270
Prefunding balanced used to offset prior years funding requirement2017-12-270
Amount remaining of carryover balance2017-12-2744,833
Amount remaining of prefunding balance2017-12-27566,270
Present value of excess contributions2017-12-2736,681
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-2738,985
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-2738,985
Reductions in caryover balances due to elections or deemed elections2017-12-2746,877
Reductions in prefunding balances due to elections or deemed elections2017-12-27109,841
Balance of carryovers at beginning of current year2017-12-270
Balance of prefunding at beginning of current year2017-12-27521,236
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-270
Contributions made to avoid restrictions adjusted to valuation date2017-12-270
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-270
Unpaid minimum required contributions for all prior years2017-12-270
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-270
Remaining amount of unpaid minimum required contributions2017-12-270
Minimum required contributions for current year target normal cost2017-12-2749,631
Net shortfall amortization installment of oustanding balance2017-12-270
Waiver amortization installment2017-12-270
Total funding amount beforereflecting carryover/prefunding balances2017-12-270
Carryover balance elected to use to offset funding requirement2017-12-270
Prefunding balance elected to use to offset funding requirement2017-12-270
Additional cash requirement2017-12-270
Contributions allocatedtoward minimum required contributions for current year2017-12-270
Unpaid minimum required contributions for current year2017-12-270
Unpaid minimum required contributions for all years2017-12-270
2013: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-12-2849
Total number of active participants reported on line 7a of the Form 55002013-12-2842
Number of retired or separated participants receiving benefits2013-12-283
Number of other retired or separated participants entitled to future benefits2013-12-280
Total of all active and inactive participants2013-12-2845
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-12-280
Total participants2013-12-2845
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-12-281
2012: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-12-2847
Total number of active participants reported on line 7a of the Form 55002012-12-2844
Number of retired or separated participants receiving benefits2012-12-283
Number of other retired or separated participants entitled to future benefits2012-12-282
Total of all active and inactive participants2012-12-2849
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-12-280
Total participants2012-12-2849
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-12-280
2011: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-12-2848
Total number of active participants reported on line 7a of the Form 55002011-12-2843
Number of retired or separated participants receiving benefits2011-12-281
Number of other retired or separated participants entitled to future benefits2011-12-283
Total of all active and inactive participants2011-12-2847
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-12-280
Total participants2011-12-2847
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-12-281
2010: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-12-2848
Total number of active participants reported on line 7a of the Form 55002010-12-2844
Number of retired or separated participants receiving benefits2010-12-283
Number of other retired or separated participants entitled to future benefits2010-12-281
Total of all active and inactive participants2010-12-2848
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-12-280
Total participants2010-12-2848
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-12-280
2009: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-12-2846
Total number of active participants reported on line 7a of the Form 55002009-12-2843
Number of retired or separated participants receiving benefits2009-12-284
Number of other retired or separated participants entitled to future benefits2009-12-281
Total of all active and inactive participants2009-12-2848
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-12-280
Total participants2009-12-2848
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-12-280

Financial Data on MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN

Measure Date Value
2014 : MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-27$0
Total plan liabilities at beginning of year2014-12-27$0
Total income from all sources2014-12-27$287,911
Expenses. Total of all expenses incurred2014-12-27$401,718
Benefits paid (including direct rollovers)2014-12-27$368,332
Total plan assets at end of year2014-12-27$2,691,905
Total plan assets at beginning of year2014-12-27$2,805,712
Value of fidelity bond covering the plan2014-12-27$500,000
Expenses. Other expenses not covered elsewhere2014-12-27$20,163
Other income received2014-12-27$187,911
Net income (gross income less expenses)2014-12-27$-113,807
Net plan assets at end of year (total assets less liabilities)2014-12-27$2,691,905
Net plan assets at beginning of year (total assets less liabilities)2014-12-27$2,805,712
Total contributions received or receivable from employer(s)2014-12-27$100,000
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-27$13,223
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-27$0
2013 : MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2013 401k financial data
Transfers to/from the plan2013-12-27$0
Total plan liabilities at end of year2013-12-27$0
Total plan liabilities at beginning of year2013-12-27$0
Total income from all sources2013-12-27$403,756
Expenses. Total of all expenses incurred2013-12-27$116,598
Benefits paid (including direct rollovers)2013-12-27$84,626
Total plan assets at end of year2013-12-27$2,805,712
Total plan assets at beginning of year2013-12-27$2,518,554
Value of fidelity bond covering the plan2013-12-27$500,000
Expenses. Other expenses not covered elsewhere2013-12-27$18,699
Other income received2013-12-27$403,756
Net income (gross income less expenses)2013-12-27$287,158
Net plan assets at end of year (total assets less liabilities)2013-12-27$2,805,712
Net plan assets at beginning of year (total assets less liabilities)2013-12-27$2,518,554
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-27$13,273
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-27$0
2012 : MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2012 401k financial data
Transfers to/from the plan2012-12-27$0
Total plan liabilities at end of year2012-12-27$0
Total plan liabilities at beginning of year2012-12-27$0
Total income from all sources2012-12-27$268,227
Expenses. Total of all expenses incurred2012-12-27$296,072
Benefits paid (including direct rollovers)2012-12-27$265,548
Total plan assets at end of year2012-12-27$2,518,554
Total plan assets at beginning of year2012-12-27$2,546,399
Value of fidelity bond covering the plan2012-12-27$500,000
Expenses. Other expenses not covered elsewhere2012-12-27$17,609
Other income received2012-12-27$268,227
Net income (gross income less expenses)2012-12-27$-27,845
Net plan assets at end of year (total assets less liabilities)2012-12-27$2,518,554
Net plan assets at beginning of year (total assets less liabilities)2012-12-27$2,546,399
Total contributions received or receivable from employer(s)2012-12-27$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-27$12,915
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-27$0
2011 : MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-27$0
Total plan liabilities at beginning of year2011-12-27$0
Total income from all sources2011-12-27$126,855
Expenses. Total of all expenses incurred2011-12-27$36,438
Benefits paid (including direct rollovers)2011-12-27$10,870
Total plan assets at end of year2011-12-27$2,246,399
Total plan assets at beginning of year2011-12-27$2,155,982
Value of fidelity bond covering the plan2011-12-27$500,000
Expenses. Other expenses not covered elsewhere2011-12-27$15,095
Other income received2011-12-27$26,855
Net income (gross income less expenses)2011-12-27$90,417
Net plan assets at end of year (total assets less liabilities)2011-12-27$2,246,399
Net plan assets at beginning of year (total assets less liabilities)2011-12-27$2,155,982
Total contributions received or receivable from employer(s)2011-12-27$100,000
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-27$10,473
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-27$0
2010 : MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-27$0

Form 5500 Responses for MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN

2013: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2013 form 5500 responses
2013-12-28Type of plan entitySingle employer plan
2013-12-28Submission has been amendedNo
2013-12-28This submission is the final filingNo
2013-12-28This return/report is a short plan year return/report (less than 12 months)No
2013-12-28Plan is a collectively bargained planNo
2013-12-28Plan funding arrangement – InsuranceYes
2013-12-28Plan funding arrangement – TrustYes
2013-12-28Plan benefit arrangement – InsuranceYes
2013-12-28Plan benefit arrangement - TrustYes
2012: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2012 form 5500 responses
2012-12-28Type of plan entitySingle employer plan
2012-12-28Submission has been amendedNo
2012-12-28This submission is the final filingNo
2012-12-28This return/report is a short plan year return/report (less than 12 months)No
2012-12-28Plan is a collectively bargained planNo
2012-12-28Plan funding arrangement – InsuranceYes
2012-12-28Plan funding arrangement – TrustYes
2012-12-28Plan benefit arrangement – InsuranceYes
2012-12-28Plan benefit arrangement - TrustYes
2011: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2011 form 5500 responses
2011-12-28Type of plan entitySingle employer plan
2011-12-28Submission has been amendedNo
2011-12-28This submission is the final filingNo
2011-12-28This return/report is a short plan year return/report (less than 12 months)No
2011-12-28Plan is a collectively bargained planNo
2011-12-28Plan funding arrangement – InsuranceYes
2011-12-28Plan funding arrangement – TrustYes
2011-12-28Plan benefit arrangement – InsuranceYes
2011-12-28Plan benefit arrangement - TrustYes
2010: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2010 form 5500 responses
2010-12-28Type of plan entitySingle employer plan
2010-12-28Submission has been amendedYes
2010-12-28This submission is the final filingNo
2010-12-28This return/report is a short plan year return/report (less than 12 months)No
2010-12-28Plan is a collectively bargained planNo
2010-12-28Plan funding arrangement – InsuranceYes
2010-12-28Plan funding arrangement – TrustYes
2010-12-28Plan benefit arrangement – InsuranceYes
2010-12-28Plan benefit arrangement - TrustYes
2009: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2009 form 5500 responses
2009-12-28Type of plan entitySingle employer plan
2009-12-28Submission has been amendedNo
2009-12-28This submission is the final filingNo
2009-12-28This return/report is a short plan year return/report (less than 12 months)No
2009-12-28Plan is a collectively bargained planNo
2009-12-28Plan funding arrangement – InsuranceYes
2009-12-28Plan funding arrangement – TrustYes
2009-12-28Plan benefit arrangement – InsuranceYes
2009-12-28Plan benefit arrangement - TrustYes
2008: MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN 2008 form 5500 responses
2008-12-28Type of plan entitySingle employer plan
2008-12-28Submission has been amendedNo
2008-12-28This submission is the final filingNo
2008-12-28This return/report is a short plan year return/report (less than 12 months)No
2008-12-28Plan is a collectively bargained planNo

Insurance Providers Used on plan

PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number57712
Policy instance 1
Insurance contract or identification number57712
Number of Individuals Covered42
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $18,108
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number57712
Policy instance 1
Insurance contract or identification number57712
Number of Individuals Covered44
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $17,626
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG00607919
Policy instance 1
Insurance contract or identification numberG00607919
Number of Individuals Covered43
Insurance policy start date2012-02-01
Insurance policy end date2013-01-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $15,497
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG00607919
Policy instance 1
Insurance contract or identification numberG00607919
Number of Individuals Covered44
Insurance policy start date2011-02-01
Insurance policy end date2012-01-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $15,095

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