401k Plan data: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN plan

INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 401k Plan overview

Plan Name	INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN
Plan identification number	001

INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily flat dollar (includes dollars per year of service)
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED, INC. has sponsored the creation of one or more 401k plans.

Company Name: INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED, INC.

Employer identification number (EIN): 390840476

NAIC Classification: 813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED, INC.

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 2016-06-27

Company Identification Number: F203117

Legal Registered Office Address: 3213 DUKE STREET
APT 242
ALEXANDRIA
United States of America (USA)
22314

More information about INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 JEFF MADDEN 2023-10-16 JEFF MADDEN 2023-10-16
001 2021-01-01 JEFF MADDEN 2022-10-14 JEFF MADDEN 2022-10-14
001 2020-01-01 JEFF MADDEN 2021-10-14 JEFF MADDEN 2021-10-14
001 2019-01-01 JEFF MADDEN 2020-09-30 JEFF MADDEN 2020-09-30
001 2018-01-01 CINDY PINKLEY 2019-09-30 CINDY PINKLEY 2019-09-30
001 2017-01-01 CINDY PINKLEY 2018-09-06 CINDY PINKLEY 2018-09-06
001 2016-01-01 CINDY PINKLEY CINDY PINKLEY 2017-09-29
001 2015-01-01 CINDY PINKLEY 2016-10-11 CINDY PINKLEY 2016-10-11
001 2014-01-01 CINDY PINKLEY 2015-09-29 CINDY PINKLEY 2015-09-29
001 2013-01-01 CHARLES LANGE 2014-09-19 CHARLES LANGE 2014-09-19
001 2012-01-01 CHARLES LANGE 2013-07-25 CHARLES LANGE 2013-07-25
001 2011-01-01 CHARLES LANGE 2012-07-24 CHARLES LANGE 2012-07-24
001 2010-01-01 CHARLES LANGE 2011-10-12 CHARLES LANGE 2011-10-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	JEFF MADDEN	2023-10-16	JEFF MADDEN	2023-10-16
001	2021-01-01	JEFF MADDEN	2022-10-14	JEFF MADDEN	2022-10-14
001	2020-01-01	JEFF MADDEN	2021-10-14	JEFF MADDEN	2021-10-14
001	2019-01-01	JEFF MADDEN	2020-09-30	JEFF MADDEN	2020-09-30
001	2018-01-01	CINDY PINKLEY	2019-09-30	CINDY PINKLEY	2019-09-30
001	2017-01-01	CINDY PINKLEY	2018-09-06	CINDY PINKLEY	2018-09-06
001	2016-01-01	CINDY PINKLEY		CINDY PINKLEY	2017-09-29
001	2015-01-01	CINDY PINKLEY	2016-10-11	CINDY PINKLEY	2016-10-11
001	2014-01-01	CINDY PINKLEY	2015-09-29	CINDY PINKLEY	2015-09-29
001	2013-01-01	CHARLES LANGE	2014-09-19	CHARLES LANGE	2014-09-19
001	2012-01-01	CHARLES LANGE	2013-07-25	CHARLES LANGE	2013-07-25
001	2011-01-01	CHARLES LANGE	2012-07-24	CHARLES LANGE	2012-07-24
001	2010-01-01	CHARLES LANGE	2011-10-12	CHARLES LANGE	2011-10-12

Plan Statistics for INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN

401k plan membership statisitcs for INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN

Measure Date Value
2022: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 5,495,187
Acturial value of plan assets 2022-12-31 5,374,725
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 2,730,573
Number of terminated vested participants 2022-12-31 28
Fundng target for terminated vested participants 2022-12-31 502,302
Active participant vested funding target 2022-12-31 618,166
Number of active participants 2022-12-31 64
Total funding liabilities for active participants 2022-12-31 656,926
Total participant count 2022-12-31 154
Total funding target for all participants 2022-12-31 3,889,801
Balance at beginning of prior year after applicable adjustments 2022-12-31 813,713
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 813,713
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 851,958
Balance of prefunding at beginning of current year 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 91,702
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 5,533,602
Acturial value of plan assets 2021-12-31 5,199,614
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 2,764,739
Number of terminated vested participants 2021-12-31 27
Fundng target for terminated vested participants 2021-12-31 484,532
Active participant vested funding target 2021-12-31 676,860
Number of active participants 2021-12-31 75
Total funding liabilities for active participants 2021-12-31 723,879
Total participant count 2021-12-31 165
Total funding target for all participants 2021-12-31 3,973,150
Balance at beginning of prior year after applicable adjustments 2021-12-31 736,992
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 736,992
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 813,713
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 86,739
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 5,280,044
Acturial value of plan assets 2020-12-31 5,169,493
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 2,843,015
Number of terminated vested participants 2020-12-31 26
Fundng target for terminated vested participants 2020-12-31 456,977
Active participant vested funding target 2020-12-31 813,080
Number of active participants 2020-12-31 77
Total funding liabilities for active participants 2020-12-31 857,829
Total participant count 2020-12-31 162
Total funding target for all participants 2020-12-31 4,157,821
Balance at beginning of prior year after applicable adjustments 2020-12-31 649,962
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 649,962
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 311,220
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 328,213
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 736,992
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 0
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 82,391
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 4,625,469
Acturial value of plan assets 2019-12-31 4,843,787
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 2,691,532
Number of terminated vested participants 2019-12-31 26
Fundng target for terminated vested participants 2019-12-31 558,784
Active participant vested funding target 2019-12-31 782,332
Number of active participants 2019-12-31 73
Total funding liabilities for active participants 2019-12-31 861,744
Total participant count 2019-12-31 156
Total funding target for all participants 2019-12-31 4,112,060
Balance at beginning of prior year after applicable adjustments 2019-12-31 926,853
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 926,853
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 248,437
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 649,962
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 332,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 311,220
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 81,765
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 0
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 311,220
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 5,047,076
Acturial value of plan assets 2018-12-31 4,930,046
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 2,532,549
Number of terminated vested participants 2018-12-31 28
Fundng target for terminated vested participants 2018-12-31 575,752
Active participant vested funding target 2018-12-31 748,287
Number of active participants 2018-12-31 68
Total funding liabilities for active participants 2018-12-31 811,053
Total participant count 2018-12-31 152
Total funding target for all participants 2018-12-31 3,919,354
Balance at beginning of prior year after applicable adjustments 2018-12-31 952,073
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 952,073
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 115,000
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 926,853
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 0
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 80,519
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 4,852,535
Acturial value of plan assets 2017-12-31 4,967,486
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 2,353,881
Number of terminated vested participants 2017-12-31 30
Fundng target for terminated vested participants 2017-12-31 541,648
Active participant vested funding target 2017-12-31 843,805
Number of active participants 2017-12-31 56
Total funding liabilities for active participants 2017-12-31 897,408
Total participant count 2017-12-31 140
Total funding target for all participants 2017-12-31 3,792,937
Balance at beginning of prior year after applicable adjustments 2017-12-31 904,153
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
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 2017-12-31 904,153
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 283,373
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 300,432
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 2017-12-31 952,073
Balance of prefunding at beginning of current year 2017-12-31 0
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 77,997
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 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
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: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 4,563,501
Acturial value of plan assets 2016-12-31 4,781,445
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 2,292,500
Number of terminated vested participants 2016-12-31 32
Fundng target for terminated vested participants 2016-12-31 630,204
Active participant vested funding target 2016-12-31 759,413
Number of active participants 2016-12-31 50
Total funding liabilities for active participants 2016-12-31 808,543
Total participant count 2016-12-31 135
Total funding target for all participants 2016-12-31 3,731,247
Balance at beginning of prior year after applicable adjustments 2016-12-31 910,802
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 910,802
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
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 2016-12-31 904,153
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 300,000
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 2016-12-31 283,373
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 78,819
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 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 2016-12-31 283,373
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
Total participants, beginning-of-year 2016-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 61
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 28
Total of all active and inactive participants 2016-01-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 90
Number of participants with account balances 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 6

Measure	Date	Value
2022: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	5,495,187
Acturial value of plan assets	2022-12-31	5,374,725
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	2,730,573
Number of terminated vested participants	2022-12-31	28
Fundng target for terminated vested participants	2022-12-31	502,302
Active participant vested funding target	2022-12-31	618,166
Number of active participants	2022-12-31	64
Total funding liabilities for active participants	2022-12-31	656,926
Total participant count	2022-12-31	154
Total funding target for all participants	2022-12-31	3,889,801
Balance at beginning of prior year after applicable adjustments	2022-12-31	813,713
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	813,713
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	851,958
Balance of prefunding at beginning of current year	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	91,702
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	5,533,602
Acturial value of plan assets	2021-12-31	5,199,614
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	2,764,739
Number of terminated vested participants	2021-12-31	27
Fundng target for terminated vested participants	2021-12-31	484,532
Active participant vested funding target	2021-12-31	676,860
Number of active participants	2021-12-31	75
Total funding liabilities for active participants	2021-12-31	723,879
Total participant count	2021-12-31	165
Total funding target for all participants	2021-12-31	3,973,150
Balance at beginning of prior year after applicable adjustments	2021-12-31	736,992
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	736,992
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	813,713
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	86,739
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	5,280,044
Acturial value of plan assets	2020-12-31	5,169,493
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	2,843,015
Number of terminated vested participants	2020-12-31	26
Fundng target for terminated vested participants	2020-12-31	456,977
Active participant vested funding target	2020-12-31	813,080
Number of active participants	2020-12-31	77
Total funding liabilities for active participants	2020-12-31	857,829
Total participant count	2020-12-31	162
Total funding target for all participants	2020-12-31	4,157,821
Balance at beginning of prior year after applicable adjustments	2020-12-31	649,962
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	649,962
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	311,220
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	328,213
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	736,992
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	82,391
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	4,625,469
Acturial value of plan assets	2019-12-31	4,843,787
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	2,691,532
Number of terminated vested participants	2019-12-31	26
Fundng target for terminated vested participants	2019-12-31	558,784
Active participant vested funding target	2019-12-31	782,332
Number of active participants	2019-12-31	73
Total funding liabilities for active participants	2019-12-31	861,744
Total participant count	2019-12-31	156
Total funding target for all participants	2019-12-31	4,112,060
Balance at beginning of prior year after applicable adjustments	2019-12-31	926,853
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	926,853
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	248,437
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	649,962
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	332,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	311,220
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	81,765
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	0
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	311,220
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	5,047,076
Acturial value of plan assets	2018-12-31	4,930,046
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	2,532,549
Number of terminated vested participants	2018-12-31	28
Fundng target for terminated vested participants	2018-12-31	575,752
Active participant vested funding target	2018-12-31	748,287
Number of active participants	2018-12-31	68
Total funding liabilities for active participants	2018-12-31	811,053
Total participant count	2018-12-31	152
Total funding target for all participants	2018-12-31	3,919,354
Balance at beginning of prior year after applicable adjustments	2018-12-31	952,073
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	952,073
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	115,000
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	926,853
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	0
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	80,519
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	4,852,535
Acturial value of plan assets	2017-12-31	4,967,486
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	2,353,881
Number of terminated vested participants	2017-12-31	30
Fundng target for terminated vested participants	2017-12-31	541,648
Active participant vested funding target	2017-12-31	843,805
Number of active participants	2017-12-31	56
Total funding liabilities for active participants	2017-12-31	897,408
Total participant count	2017-12-31	140
Total funding target for all participants	2017-12-31	3,792,937
Balance at beginning of prior year after applicable adjustments	2017-12-31	904,153
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
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	904,153
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	283,373
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	300,432
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	952,073
Balance of prefunding at beginning of current year	2017-12-31	0
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	77,997
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	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
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: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	4,563,501
Acturial value of plan assets	2016-12-31	4,781,445
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	2,292,500
Number of terminated vested participants	2016-12-31	32
Fundng target for terminated vested participants	2016-12-31	630,204
Active participant vested funding target	2016-12-31	759,413
Number of active participants	2016-12-31	50
Total funding liabilities for active participants	2016-12-31	808,543
Total participant count	2016-12-31	135
Total funding target for all participants	2016-12-31	3,731,247
Balance at beginning of prior year after applicable adjustments	2016-12-31	910,802
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	910,802
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
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	904,153
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	300,000
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	283,373
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	78,819
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	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	283,373
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
Total participants, beginning-of-year	2016-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	61
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	28
Total of all active and inactive participants	2016-01-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	90
Number of participants with account balances	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	6

Financial Data on INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN

Measure	Date	Value
2016 : INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$534,959
Expenses. Total of all expenses incurred	2016-12-31	$396,810
Benefits paid (including direct rollovers)	2016-12-31	$367,237
Total plan assets at end of year	2016-12-31	$1,862,012
Total plan assets at beginning of year	2016-12-31	$1,723,863
Value of fidelity bond covering the plan	2016-12-31	$1,000,000
Total contributions received or receivable from participants	2016-12-31	$0
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$234,959
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$138,149
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,862,012
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,723,863
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year	2016-12-31	$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year	2016-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2016-12-31	$0
Total contributions received or receivable from employer(s)	2016-12-31	$300,000
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$29,573
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0

Form 5500 Responses for INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN

2016: INDUSTRIES FOR THE BLIND, INC. RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	Yes
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes

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Company Name:	INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED, INC.
Employer identification number (EIN):	390840476
NAIC Classification:	813000
NAIC Description:	Religious, Grantmaking, Civic, Professional, and Similar Organizations

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	2016-06-27
Company Identification Number:	F203117
Legal Registered Office Address:	3213 DUKE STREET APT 242 ALEXANDRIA United States of America (USA) 22314