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WARNER AND COMPANY RETIREMENT PLAN 401k Plan overview

Plan NameWARNER AND COMPANY RETIREMENT PLAN
Plan identification number 123

WARNER AND COMPANY RETIREMENT PLAN Benefits

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

WARNER AND COMPANY has sponsored the creation of one or more 401k plans.

Company Name:WARNER AND COMPANY
Employer identification number (EIN):450207780
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WARNER AND COMPANY RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
1232019-01-01SHERRY KOEHLER2020-04-15
1232018-01-01SHERRY KOEHLER2019-06-27
1232017-01-01SHERRY KOEHLER2018-07-20
1232016-01-01SHERRY KOEHLER2017-07-12
1232015-01-01SHERRY KOEHLER2016-07-26
1232014-01-01SHERRY KOEHLER2015-07-09
1232013-01-01SHERRY KOELER2014-07-23
1232012-01-01SHERRY KOEHLER2013-07-16 SHERRY KOEHLER2013-07-16
1232011-01-01SHERRY KOEHLER2012-07-12 SHERRY KOEHLER2012-07-12
1232010-01-01BRIAN HAYER2011-06-22 BRIAN HAYER2011-06-22

Plan Statistics for WARNER AND COMPANY RETIREMENT PLAN

401k plan membership statisitcs for WARNER AND COMPANY RETIREMENT PLAN

Measure Date Value
2019: WARNER AND COMPANY RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-313,647,810
Acturial value of plan assets2019-12-313,647,810
Funding target for retired participants and beneficiaries receiving payment2019-12-312,646,457
Number of terminated vested participants2019-12-315
Fundng target for terminated vested participants2019-12-31410,861
Active participant vested funding target2019-12-311,100,114
Number of active participants2019-12-3116
Total funding liabilities for active participants2019-12-311,100,114
Total participant count2019-12-3154
Total funding target for all participants2019-12-314,157,432
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31432,040
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-31120,713
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31311,327
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31299,185
Total employer contributions2019-12-311,522,123
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-311,449,141
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3135,537
Net shortfall amortization installment of oustanding balance2019-12-31808,807
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31208,085
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31208,085
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-311,449,141
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: WARNER AND COMPANY RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-314,119,029
Acturial value of plan assets2018-12-314,119,029
Funding target for retired participants and beneficiaries receiving payment2018-12-312,665,765
Number of terminated vested participants2018-12-313
Fundng target for terminated vested participants2018-12-31126,068
Active participant vested funding target2018-12-311,224,850
Number of active participants2018-12-3118
Total funding liabilities for active participants2018-12-311,224,850
Total participant count2018-12-3156
Total funding target for all participants2018-12-314,016,683
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31377,931
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-31176,772
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31201,159
Present value of excess contributions2018-12-31191,906
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31210,604
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-31210,604
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31432,040
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3138,007
Net shortfall amortization installment of oustanding balance2018-12-31329,694
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31120,713
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-31120,713
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: WARNER AND COMPANY RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-313,892,485
Acturial value of plan assets2017-12-313,892,485
Funding target for retired participants and beneficiaries receiving payment2017-12-313,018,723
Number of terminated vested participants2017-12-313
Fundng target for terminated vested participants2017-12-31115,077
Active participant vested funding target2017-12-311,113,698
Number of active participants2017-12-3118
Total funding liabilities for active participants2017-12-311,113,698
Total participant count2017-12-3156
Total funding target for all participants2017-12-314,247,498
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31278,942
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-31121,131
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31157,811
Present value of excess contributions2017-12-31196,470
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31209,310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-31209,310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31377,931
Total employer contributions2017-12-31200,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31191,906
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3144,077
Net shortfall amortization installment of oustanding balance2017-12-31732,944
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31176,772
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-31176,772
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31191,906
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: WARNER AND COMPANY RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-313,915,566
Acturial value of plan assets2016-12-313,915,566
Funding target for retired participants and beneficiaries receiving payment2016-12-312,821,461
Number of terminated vested participants2016-12-3110
Fundng target for terminated vested participants2016-12-31350,320
Active participant vested funding target2016-12-311,011,069
Number of active participants2016-12-3118
Total funding liabilities for active participants2016-12-311,011,069
Total participant count2016-12-3160
Total funding target for all participants2016-12-314,182,850
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31117,477
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-3134,917
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3182,560
Present value of excess contributions2016-12-31188,958
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31197,909
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31197,909
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31278,942
Total employer contributions2016-12-31200,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31196,470
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3129,421
Net shortfall amortization installment of oustanding balance2016-12-31546,226
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31121,131
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-31121,131
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31196,470
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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