401k Plan data: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA plan

CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 401k Plan overview

Plan Name	CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA
Plan identification number	003

CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA Benefits

401k Plan Type

Defined 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).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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).
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

CITADEL ELECTRIC GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name: CITADEL ELECTRIC GROUP, INC.

Employer identification number (EIN): 431736592

NAIC Classification: 238210
NAIC Description: Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 MARC TOWER 2023-12-14
003 2022-01-01 MARC TOWER 2023-06-30
003 2021-01-01 BARNY HATTEY 2022-09-26 BARNY HATTEY 2022-09-26
003 2020-01-01 BARNY HATTEY 2021-07-26 BARNY HATTEY 2021-07-26
003 2019-01-01 BYRAN HATTEY 2020-07-20 BYRAN HATTEY 2020-07-20
003 2018-01-01 BYRAN HATTEY 2019-07-12 BYRAN HATTEY 2019-07-12
003 2017-01-01 BARNY HATTEY 2018-07-13 BARNY HATTEY 2018-07-13
003 2016-01-01 BYRAN HATTEY 2017-07-06 BYRAN HATTEY 2017-07-06
003 2015-01-01 BYRAN HATTEY 2016-07-25 BYRAN HATTEY 2016-07-25
003 2014-01-01 BYRAN HATTEY 2015-09-08 BYRAN HATTEY 2015-09-08
003 2013-01-01 BYRAN HATTEY 2014-09-11 BYRAN HATTEY 2014-09-11
003 2012-01-01 BYRAN D. HATTEY 2013-10-03 BYRAN D. HATTEY 2013-10-03
003 2011-01-01 BYRAN D. HATTEY 2012-09-10 BYRAN D. HATTEY 2012-09-10
003 2010-01-01 BYRAN D. HATTEY 2011-08-10 BYRAN D. HATTEY 2011-08-10

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2023-01-01	MARC TOWER	2023-12-14
003	2022-01-01	MARC TOWER	2023-06-30
003	2021-01-01	BARNY HATTEY	2022-09-26	BARNY HATTEY	2022-09-26
003	2020-01-01	BARNY HATTEY	2021-07-26	BARNY HATTEY	2021-07-26
003	2019-01-01	BYRAN HATTEY	2020-07-20	BYRAN HATTEY	2020-07-20
003	2018-01-01	BYRAN HATTEY	2019-07-12	BYRAN HATTEY	2019-07-12
003	2017-01-01	BARNY HATTEY	2018-07-13	BARNY HATTEY	2018-07-13
003	2016-01-01	BYRAN HATTEY	2017-07-06	BYRAN HATTEY	2017-07-06
003	2015-01-01	BYRAN HATTEY	2016-07-25	BYRAN HATTEY	2016-07-25
003	2014-01-01	BYRAN HATTEY	2015-09-08	BYRAN HATTEY	2015-09-08
003	2013-01-01	BYRAN HATTEY	2014-09-11	BYRAN HATTEY	2014-09-11
003	2012-01-01	BYRAN D. HATTEY	2013-10-03	BYRAN D. HATTEY	2013-10-03
003	2011-01-01	BYRAN D. HATTEY	2012-09-10	BYRAN D. HATTEY	2012-09-10
003	2010-01-01	BYRAN D. HATTEY	2011-08-10	BYRAN D. HATTEY	2011-08-10

Plan Statistics for CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA

401k plan membership statisitcs for CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA

Measure Date Value
2023: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2023 401k membership
Market value of plan assets 2023-12-04 380,168
Acturial value of plan assets 2023-12-04 380,168
Funding target for retired participants and beneficiaries receiving payment 2023-12-04 0
Number of terminated vested participants 2023-12-04 2
Fundng target for terminated vested participants 2023-12-04 20,076
Active participant vested funding target 2023-12-04 300,031
Number of active participants 2023-12-04 15
Total funding liabilities for active participants 2023-12-04 300,031
Total participant count 2023-12-04 17
Total funding target for all participants 2023-12-04 320,107
Balance at beginning of prior year after applicable adjustments 2023-12-04 0
Prefunding balance at beginning of prior year after applicable adjustments 2023-12-04 0
Carryover balanced portion elected for use to offset prior years funding requirement 2023-12-04 0
Prefunding balanced used to offset prior years funding requirement 2023-12-04 0
Amount remaining of carryover balance 2023-12-04 0
Amount remaining of prefunding balance 2023-12-04 0
Present value of excess contributions 2023-12-04 17,557
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2023-12-04 17,557
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2023-12-04 17,557
Reductions in caryover balances due to elections or deemed elections 2023-12-04 0
Reductions in prefunding balances due to elections or deemed elections 2023-12-04 0
Balance of carryovers at beginning of current year 2023-12-04 0
Balance of prefunding at beginning of current year 2023-12-04 17,557
Total employer contributions 2023-12-04 2,960
Total employee contributions 2023-12-04 0
Contributions allocated toward unpaid minimum require contributions from prior years 2023-12-04 0
Contributions made to avoid restrictions adjusted to valuation date 2023-12-04 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2023-12-04 2,907
Unpaid minimum required contributions for all prior years 2023-12-04 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2023-12-04 0
Remaining amount of unpaid minimum required contributions 2023-12-04 0
Minimum required contributions for current year target normal cost 2023-12-04 0
Net shortfall amortization installment of oustanding balance 2023-12-04 0
Waiver amortization installment 2023-12-04 0
Total funding amount beforereflecting carryover/prefunding balances 2023-12-04 0
Carryover balance elected to use to offset funding requirement 2023-12-04 0
Prefunding balance elected to use to offset funding requirement 2023-12-04 0
Additional cash requirement 2023-12-04 0
Contributions allocatedtoward minimum required contributions for current year 2023-12-04 2,907
Unpaid minimum required contributions for current year 2023-12-04 0
Unpaid minimum required contributions for all years 2023-12-04 0
2022: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2022 401k membership
Market value of plan assets 2022-12-31 355,025
Acturial value of plan assets 2022-12-31 355,025
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 2
Fundng target for terminated vested participants 2022-12-31 14,226
Active participant vested funding target 2022-12-31 190,784
Number of active participants 2022-12-31 15
Total funding liabilities for active participants 2022-12-31 190,784
Total participant count 2022-12-31 17
Total funding target for all participants 2022-12-31 205,010
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
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 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 70,734
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 70,734
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 70,734
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 70,734
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 0
Total employer contributions 2022-12-31 17,892
Total employee contributions 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 17,557
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 31,269
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 17,557
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2021 401k membership
Market value of plan assets 2021-12-31 314,171
Acturial value of plan assets 2021-12-31 314,171
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 3
Fundng target for terminated vested participants 2021-12-31 12,265
Active participant vested funding target 2021-12-31 156,123
Number of active participants 2021-12-31 15
Total funding liabilities for active participants 2021-12-31 156,123
Total participant count 2021-12-31 18
Total funding target for all participants 2021-12-31 168,388
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 136,579
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 0
Amount remaining of prefunding balance 2021-12-31 136,579
Present value of excess contributions 2021-12-31 1,145
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 1,145
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 1,145
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 144,171
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 73,032
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 70,734
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 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 24,662
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 70,734
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2020 401k membership
Market value of plan assets 2020-12-31 277,957
Acturial value of plan assets 2020-12-31 277,957
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 1
Fundng target for terminated vested participants 2020-12-31 827
Active participant vested funding target 2020-12-31 150,775
Number of active participants 2020-12-31 14
Total funding liabilities for active participants 2020-12-31 150,775
Total participant count 2020-12-31 15
Total funding target for all participants 2020-12-31 151,602
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 193,143
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 64,453
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 128,690
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
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 0
Balance of prefunding at beginning of current year 2020-12-31 136,579
Total employer contributions 2020-12-31 39,347
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 37,544
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 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 25,125
Net shortfall amortization installment of oustanding balance 2020-12-31 61,293
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 36,399
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 36,399
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 37,544
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2019 401k membership
Market value of plan assets 2019-12-31 2,629,266
Acturial value of plan assets 2019-12-31 2,629,266
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 1
Fundng target for terminated vested participants 2019-12-31 813
Active participant vested funding target 2019-12-31 2,496,409
Number of active participants 2019-12-31 13
Total funding liabilities for active participants 2019-12-31 2,496,409
Total participant count 2019-12-31 14
Total funding target for all participants 2019-12-31 2,497,222
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 160,000
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 0
Amount remaining of prefunding balance 2019-12-31 160,000
Present value of excess contributions 2019-12-31 32,407
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 32,407
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 32,407
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
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 0
Balance of prefunding at beginning of current year 2019-12-31 193,143
Total employer contributions 2019-12-31 131,274
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 2019-12-31 129,300
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 2019-12-31 185,237
Net shortfall amortization installment of oustanding balance 2019-12-31 69,385
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 196,511
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 67,211
Additional cash requirement 2019-12-31 129,300
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 129,300
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2018 401k membership
Market value of plan assets 2018-12-31 2,437,153
Acturial value of plan assets 2018-12-31 2,437,153
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 1
Fundng target for terminated vested participants 2018-12-31 767
Active participant vested funding target 2018-12-31 2,103,772
Number of active participants 2018-12-31 13
Total funding liabilities for active participants 2018-12-31 2,103,772
Total participant count 2018-12-31 14
Total funding target for all participants 2018-12-31 2,104,539
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 160,000
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 0
Amount remaining of prefunding balance 2018-12-31 160,000
Present value of excess contributions 2018-12-31 261,060
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 261,060
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 261,060
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 264,180
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 160,000
Total employer contributions 2018-12-31 41,228
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 40,299
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 2018-12-31 171,626
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 7,892
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 7,892
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 40,299
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2017 401k membership
Market value of plan assets 2017-12-31 2,019,326
Acturial value of plan assets 2017-12-31 2,019,326
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 733
Active participant vested funding target 2017-12-31 1,840,917
Number of active participants 2017-12-31 11
Total funding liabilities for active participants 2017-12-31 1,840,917
Total participant count 2017-12-31 12
Total funding target for all participants 2017-12-31 1,841,650
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 133,723
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 133,723
Present value of excess contributions 2017-12-31 237,705
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 237,705
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 237,705
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 214,156
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 160,000
Total employer contributions 2017-12-31 400,000
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 2017-12-31 406,463
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 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 2017-12-31 154,183
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 2017-12-31 145,403
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 2017-12-31 145,403
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 406,463
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2016 401k membership
Market value of plan assets 2016-12-31 1,552,972
Acturial value of plan assets 2016-12-31 1,552,972
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 1
Fundng target for terminated vested participants 2016-12-31 5,963
Active participant vested funding target 2016-12-31 1,593,876
Number of active participants 2016-12-31 10
Total funding liabilities for active participants 2016-12-31 1,593,876
Total participant count 2016-12-31 11
Total funding target for all participants 2016-12-31 1,599,839
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 129,086
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 129,086
Present value of excess contributions 2016-12-31 4,353
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 4,353
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 4,353
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 133,723
Total employer contributions 2016-12-31 431,731
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 2016-12-31 427,201
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 150,516
Net shortfall amortization installment of oustanding balance 2016-12-31 188,119
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 189,496
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 2016-12-31 189,496
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 427,201
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2023: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2023 401k membership
Market value of plan assets	2023-12-04	380,168
Acturial value of plan assets	2023-12-04	380,168
Funding target for retired participants and beneficiaries receiving payment	2023-12-04	0
Number of terminated vested participants	2023-12-04	2
Fundng target for terminated vested participants	2023-12-04	20,076
Active participant vested funding target	2023-12-04	300,031
Number of active participants	2023-12-04	15
Total funding liabilities for active participants	2023-12-04	300,031
Total participant count	2023-12-04	17
Total funding target for all participants	2023-12-04	320,107
Balance at beginning of prior year after applicable adjustments	2023-12-04	0
Prefunding balance at beginning of prior year after applicable adjustments	2023-12-04	0
Carryover balanced portion elected for use to offset prior years funding requirement	2023-12-04	0
Prefunding balanced used to offset prior years funding requirement	2023-12-04	0
Amount remaining of carryover balance	2023-12-04	0
Amount remaining of prefunding balance	2023-12-04	0
Present value of excess contributions	2023-12-04	17,557
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2023-12-04	17,557
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2023-12-04	17,557
Reductions in caryover balances due to elections or deemed elections	2023-12-04	0
Reductions in prefunding balances due to elections or deemed elections	2023-12-04	0
Balance of carryovers at beginning of current year	2023-12-04	0
Balance of prefunding at beginning of current year	2023-12-04	17,557
Total employer contributions	2023-12-04	2,960
Total employee contributions	2023-12-04	0
Contributions allocated toward unpaid minimum require contributions from prior years	2023-12-04	0
Contributions made to avoid restrictions adjusted to valuation date	2023-12-04	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2023-12-04	2,907
Unpaid minimum required contributions for all prior years	2023-12-04	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2023-12-04	0
Remaining amount of unpaid minimum required contributions	2023-12-04	0
Minimum required contributions for current year target normal cost	2023-12-04	0
Net shortfall amortization installment of oustanding balance	2023-12-04	0
Waiver amortization installment	2023-12-04	0
Total funding amount beforereflecting carryover/prefunding balances	2023-12-04	0
Carryover balance elected to use to offset funding requirement	2023-12-04	0
Prefunding balance elected to use to offset funding requirement	2023-12-04	0
Additional cash requirement	2023-12-04	0
Contributions allocatedtoward minimum required contributions for current year	2023-12-04	2,907
Unpaid minimum required contributions for current year	2023-12-04	0
Unpaid minimum required contributions for all years	2023-12-04	0
2022: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2022 401k membership
Market value of plan assets	2022-12-31	355,025
Acturial value of plan assets	2022-12-31	355,025
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	2
Fundng target for terminated vested participants	2022-12-31	14,226
Active participant vested funding target	2022-12-31	190,784
Number of active participants	2022-12-31	15
Total funding liabilities for active participants	2022-12-31	190,784
Total participant count	2022-12-31	17
Total funding target for all participants	2022-12-31	205,010
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
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	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	70,734
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	70,734
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	70,734
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	70,734
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	17,892
Total employee contributions	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	17,557
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	31,269
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	17,557
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2021 401k membership
Market value of plan assets	2021-12-31	314,171
Acturial value of plan assets	2021-12-31	314,171
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	3
Fundng target for terminated vested participants	2021-12-31	12,265
Active participant vested funding target	2021-12-31	156,123
Number of active participants	2021-12-31	15
Total funding liabilities for active participants	2021-12-31	156,123
Total participant count	2021-12-31	18
Total funding target for all participants	2021-12-31	168,388
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	136,579
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	0
Amount remaining of prefunding balance	2021-12-31	136,579
Present value of excess contributions	2021-12-31	1,145
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	1,145
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	1,145
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	144,171
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	73,032
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	70,734
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	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	24,662
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	70,734
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2020 401k membership
Market value of plan assets	2020-12-31	277,957
Acturial value of plan assets	2020-12-31	277,957
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	827
Active participant vested funding target	2020-12-31	150,775
Number of active participants	2020-12-31	14
Total funding liabilities for active participants	2020-12-31	150,775
Total participant count	2020-12-31	15
Total funding target for all participants	2020-12-31	151,602
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	193,143
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	64,453
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	128,690
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
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	0
Balance of prefunding at beginning of current year	2020-12-31	136,579
Total employer contributions	2020-12-31	39,347
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	37,544
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	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	25,125
Net shortfall amortization installment of oustanding balance	2020-12-31	61,293
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	36,399
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	36,399
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	37,544
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2019 401k membership
Market value of plan assets	2019-12-31	2,629,266
Acturial value of plan assets	2019-12-31	2,629,266
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	1
Fundng target for terminated vested participants	2019-12-31	813
Active participant vested funding target	2019-12-31	2,496,409
Number of active participants	2019-12-31	13
Total funding liabilities for active participants	2019-12-31	2,496,409
Total participant count	2019-12-31	14
Total funding target for all participants	2019-12-31	2,497,222
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	160,000
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	0
Amount remaining of prefunding balance	2019-12-31	160,000
Present value of excess contributions	2019-12-31	32,407
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	32,407
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	32,407
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
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	0
Balance of prefunding at beginning of current year	2019-12-31	193,143
Total employer contributions	2019-12-31	131,274
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	129,300
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	185,237
Net shortfall amortization installment of oustanding balance	2019-12-31	69,385
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	196,511
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	67,211
Additional cash requirement	2019-12-31	129,300
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	129,300
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2018 401k membership
Market value of plan assets	2018-12-31	2,437,153
Acturial value of plan assets	2018-12-31	2,437,153
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	1
Fundng target for terminated vested participants	2018-12-31	767
Active participant vested funding target	2018-12-31	2,103,772
Number of active participants	2018-12-31	13
Total funding liabilities for active participants	2018-12-31	2,103,772
Total participant count	2018-12-31	14
Total funding target for all participants	2018-12-31	2,104,539
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	160,000
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	0
Amount remaining of prefunding balance	2018-12-31	160,000
Present value of excess contributions	2018-12-31	261,060
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	261,060
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	261,060
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	264,180
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	160,000
Total employer contributions	2018-12-31	41,228
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	40,299
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	171,626
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	7,892
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	7,892
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	40,299
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2017 401k membership
Market value of plan assets	2017-12-31	2,019,326
Acturial value of plan assets	2017-12-31	2,019,326
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	733
Active participant vested funding target	2017-12-31	1,840,917
Number of active participants	2017-12-31	11
Total funding liabilities for active participants	2017-12-31	1,840,917
Total participant count	2017-12-31	12
Total funding target for all participants	2017-12-31	1,841,650
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	133,723
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	133,723
Present value of excess contributions	2017-12-31	237,705
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	237,705
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	237,705
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	214,156
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	160,000
Total employer contributions	2017-12-31	400,000
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	406,463
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	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	154,183
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	145,403
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	145,403
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	406,463
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: CITADEL ELECTRIC GROUP INC. OURMAX RETIREMENT PLA 2016 401k membership
Market value of plan assets	2016-12-31	1,552,972
Acturial value of plan assets	2016-12-31	1,552,972
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	1
Fundng target for terminated vested participants	2016-12-31	5,963
Active participant vested funding target	2016-12-31	1,593,876
Number of active participants	2016-12-31	10
Total funding liabilities for active participants	2016-12-31	1,593,876
Total participant count	2016-12-31	11
Total funding target for all participants	2016-12-31	1,599,839
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	129,086
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	129,086
Present value of excess contributions	2016-12-31	4,353
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	4,353
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	4,353
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	133,723
Total employer contributions	2016-12-31	431,731
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	427,201
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	150,516
Net shortfall amortization installment of oustanding balance	2016-12-31	188,119
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	189,496
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	189,496
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	427,201
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Potentially related plans

CITADEL ELECTRIC, INC. 401(K) PLAN & TRUST [EIN = 462386518]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	CITADEL ELECTRIC GROUP, INC.
Employer identification number (EIN):	431736592
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors