401k Plan data: COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN plan

COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 401k Plan overview

Plan Name	COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN
Plan identification number	003

COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 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).

401k Sponsoring company profile

COMMERCIAL THERMAL SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name: COMMERCIAL THERMAL SOLUTIONS, INC.

Employer identification number (EIN): 460489590

NAIC Classification: 423300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01
003 2021-01-01
003 2020-01-01

Plan Statistics for COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN

401k plan membership statisitcs for COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN

Measure Date Value
2022: COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 2022 401k membership
Market value of plan assets 2022-12-31 369,593
Acturial value of plan assets 2022-12-31 369,593
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 0
Number of active participants 2022-12-31 5
Total funding liabilities for active participants 2022-12-31 337,109
Total participant count 2022-12-31 5
Total funding target for all participants 2022-12-31 337,109
Present value of excess contributions 2022-12-31 6,326
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 6,677
Total employer contributions 2022-12-31 221,176
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 205,206
Minimum required contributions for current year target normal cost 2022-12-31 167,638
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 141,831
Additional cash requirement 2022-12-31 141,831
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 205,206
2021: COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 2021 401k membership
Market value of plan assets 2021-12-31 174,350
Acturial value of plan assets 2021-12-31 174,350
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 0
Number of active participants 2021-12-31 5
Total funding liabilities for active participants 2021-12-31 171,934
Total participant count 2021-12-31 5
Total funding target for all participants 2021-12-31 171,934
Present value of excess contributions 2021-12-31 24,983
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 26,260
Total employer contributions 2021-12-31 188,850
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 177,790
Minimum required contributions for current year target normal cost 2021-12-31 171,464
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 171,464
Additional cash requirement 2021-12-31 171,464
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 177,790
2020: COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 2020 401k membership
Acturial value of plan assets 2020-12-31 0
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 0
Number of active participants 2020-12-31 5
Total funding liabilities for active participants 2020-12-31 0
Total participant count 2020-12-31 5
Total funding target for all participants 2020-12-31 0
Total employer contributions 2020-12-31 174,350
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 162,965
Minimum required contributions for current year target normal cost 2020-12-31 137,982
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 137,982
Additional cash requirement 2020-12-31 137,982
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 162,965

Measure	Date	Value
2022: COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	369,593
Acturial value of plan assets	2022-12-31	369,593
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	0
Number of active participants	2022-12-31	5
Total funding liabilities for active participants	2022-12-31	337,109
Total participant count	2022-12-31	5
Total funding target for all participants	2022-12-31	337,109
Present value of excess contributions	2022-12-31	6,326
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	6,677
Total employer contributions	2022-12-31	221,176
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	205,206
Minimum required contributions for current year target normal cost	2022-12-31	167,638
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	141,831
Additional cash requirement	2022-12-31	141,831
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	205,206
2021: COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	174,350
Acturial value of plan assets	2021-12-31	174,350
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	0
Number of active participants	2021-12-31	5
Total funding liabilities for active participants	2021-12-31	171,934
Total participant count	2021-12-31	5
Total funding target for all participants	2021-12-31	171,934
Present value of excess contributions	2021-12-31	24,983
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	26,260
Total employer contributions	2021-12-31	188,850
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	177,790
Minimum required contributions for current year target normal cost	2021-12-31	171,464
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	171,464
Additional cash requirement	2021-12-31	171,464
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	177,790
2020: COMMERCIAL THERMAL SOLUTIONS CASH BALANCE PLAN 2020 401k membership
Acturial value of plan assets	2020-12-31	0
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	0
Number of active participants	2020-12-31	5
Total funding liabilities for active participants	2020-12-31	0
Total participant count	2020-12-31	5
Total funding target for all participants	2020-12-31	0
Total employer contributions	2020-12-31	174,350
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	162,965
Minimum required contributions for current year target normal cost	2020-12-31	137,982
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	137,982
Additional cash requirement	2020-12-31	137,982
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	162,965

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Company Name:	COMMERCIAL THERMAL SOLUTIONS, INC.
Employer identification number (EIN):	460489590
NAIC Classification:	423300