401k Plan data: THE FARM CREDIT COUNCIL PENSION PLAN plan

THE FARM CREDIT COUNCIL PENSION PLAN 401k Plan overview

Plan Name	THE FARM CREDIT COUNCIL PENSION PLAN
Plan identification number	003

THE FARM CREDIT COUNCIL PENSION PLAN Benefits

401k Plan Type

Defined 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).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

THE FARM CREDIT COUNCIL has sponsored the creation of one or more 401k plans.

Company Name: THE FARM CREDIT COUNCIL

Employer identification number (EIN): 521275264

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FARM CREDIT COUNCIL PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2024-01-01 JESSICA RICCIARDI 2024-10-15 JESSICA RICCIARDI 2024-10-15
003 2023-01-01 JESSICA RICCIARDI 2024-10-07 JESSICA RICCIARDI 2024-10-07
003 2022-01-01 JESSICA RICCIARDI 2023-09-20 JESSICA RICCIARDI 2023-09-20
003 2021-01-01 JESSICA RICCIARDI 2022-10-04 JESSICA RICCIARDI 2022-10-04
003 2020-01-01 JESSICA RICCIARDI 2021-07-22
003 2019-01-01 LORI BOSANKO 2020-07-31 LORI BOSANKO 2020-07-31
003 2018-01-01 KIMBERLY BOSCIA 2019-10-04 KIMBERLY BOSCIA 2019-10-04
003 2017-01-01 KIMBERLY BOSCIA 2018-09-13 KIMBERLY BOSCIA 2018-09-13
003 2016-01-01 KIMBERLY BOSCIA 2017-10-12 KIMBERLY BOSCIA 2017-10-12
003 2015-01-01 KIMBERLY BOSCIA 2016-08-25 KIMBERLY BOSCIA 2016-08-25
003 2014-01-01 KIMBERLY BOSCIA 2015-07-07 KIMBERLY BOSCIA 2015-07-07
003 2013-01-01 KIMBERLY BOSCIA 2014-09-03 KIMBERLY BOSCIA 2014-09-03
003 2012-01-01 STACY GANISTER 2013-07-31 STACY GANISTER 2013-07-31
003 2011-01-01 GARY DILLINGER
003 2010-01-01 SHELLY JOHNSON
003 2009-01-01 SHELLY JOHNSON
003 2009-01-01 SHELLY JOHNSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2024-01-01	JESSICA RICCIARDI	2024-10-15	JESSICA RICCIARDI	2024-10-15
003	2023-01-01	JESSICA RICCIARDI	2024-10-07	JESSICA RICCIARDI	2024-10-07
003	2022-01-01	JESSICA RICCIARDI	2023-09-20	JESSICA RICCIARDI	2023-09-20
003	2021-01-01	JESSICA RICCIARDI	2022-10-04	JESSICA RICCIARDI	2022-10-04
003	2020-01-01	JESSICA RICCIARDI	2021-07-22
003	2019-01-01	LORI BOSANKO	2020-07-31	LORI BOSANKO	2020-07-31
003	2018-01-01	KIMBERLY BOSCIA	2019-10-04	KIMBERLY BOSCIA	2019-10-04
003	2017-01-01	KIMBERLY BOSCIA	2018-09-13	KIMBERLY BOSCIA	2018-09-13
003	2016-01-01	KIMBERLY BOSCIA	2017-10-12	KIMBERLY BOSCIA	2017-10-12
003	2015-01-01	KIMBERLY BOSCIA	2016-08-25	KIMBERLY BOSCIA	2016-08-25
003	2014-01-01	KIMBERLY BOSCIA	2015-07-07	KIMBERLY BOSCIA	2015-07-07
003	2013-01-01	KIMBERLY BOSCIA	2014-09-03	KIMBERLY BOSCIA	2014-09-03
003	2012-01-01	STACY GANISTER	2013-07-31	STACY GANISTER	2013-07-31
003	2011-01-01	GARY DILLINGER
003	2010-01-01	SHELLY JOHNSON
003	2009-01-01	SHELLY JOHNSON
003	2009-01-01	SHELLY JOHNSON

Plan Statistics for THE FARM CREDIT COUNCIL PENSION PLAN

401k plan membership statisitcs for THE FARM CREDIT COUNCIL PENSION PLAN

Measure Date Value
2021: THE FARM CREDIT COUNCIL PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 29,714,127
Acturial value of plan assets 2021-12-31 27,202,935
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 14,470,098
Number of terminated vested participants 2021-12-31 26
Fundng target for terminated vested participants 2021-12-31 4,376,194
Active participant vested funding target 2021-12-31 4,731,537
Number of active participants 2021-12-31 15
Total funding liabilities for active participants 2021-12-31 4,750,140
Total participant count 2021-12-31 106
Total funding target for all participants 2021-12-31 23,596,432
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 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 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 580,696
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 611,705
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 0
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 600,000
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 2021-12-31 580,496
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 2021-12-31 133,000
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 2021-12-31 580,496
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: THE FARM CREDIT COUNCIL PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 27,124,422
Acturial value of plan assets 2020-12-31 25,643,111
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 13,088,744
Number of terminated vested participants 2020-12-31 28
Fundng target for terminated vested participants 2020-12-31 4,905,552
Active participant vested funding target 2020-12-31 5,877,798
Number of active participants 2020-12-31 18
Total funding liabilities for active participants 2020-12-31 5,899,864
Total participant count 2020-12-31 107
Total funding target for all participants 2020-12-31 23,894,160
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 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 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 580,314
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 612,231
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 0
Total employer contributions 2020-12-31 600,000
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 2020-12-31 580,696
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 2020-12-31 148,000
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 2020-12-31 580,696
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: THE FARM CREDIT COUNCIL PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 22,755,760
Acturial value of plan assets 2019-12-31 24,063,266
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 13,325,289
Number of terminated vested participants 2019-12-31 28
Fundng target for terminated vested participants 2019-12-31 3,938,237
Active participant vested funding target 2019-12-31 6,266,701
Number of active participants 2019-12-31 19
Total funding liabilities for active participants 2019-12-31 6,290,672
Total participant count 2019-12-31 107
Total funding target for all participants 2019-12-31 23,554,198
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 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 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 579,570
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 612,548
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 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 0
Total employer contributions 2019-12-31 600,000
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 2019-12-31 580,314
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 2019-12-31 118,000
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 2019-12-31 580,314
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: THE FARM CREDIT COUNCIL PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 24,817,892
Acturial value of plan assets 2018-12-31 23,300,709
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 13,445,198
Number of terminated vested participants 2018-12-31 27
Fundng target for terminated vested participants 2018-12-31 3,065,658
Active participant vested funding target 2018-12-31 6,481,904
Number of active participants 2018-12-31 21
Total funding liabilities for active participants 2018-12-31 6,503,433
Total participant count 2018-12-31 107
Total funding target for all participants 2018-12-31 23,014,289
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 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 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 386,036
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 408,774
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 0
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 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 600,000
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 2018-12-31 579,570
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 66,000
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 2018-12-31 579,570
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: THE FARM CREDIT COUNCIL PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 22,241,651
Acturial value of plan assets 2017-12-31 22,471,117
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 12,703,805
Number of terminated vested participants 2017-12-31 28
Fundng target for terminated vested participants 2017-12-31 3,004,224
Active participant vested funding target 2017-12-31 5,884,471
Number of active participants 2017-12-31 23
Total funding liabilities for active participants 2017-12-31 5,942,433
Total participant count 2017-12-31 108
Total funding target for all participants 2017-12-31 21,650,462
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 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 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 385,524
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 408,925
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 0
Balance of prefunding at beginning of current year 2017-12-31 0
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 2017-12-31 386,036
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 67,000
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 2017-12-31 386,036
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: THE FARM CREDIT COUNCIL PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 21,021,793
Acturial value of plan assets 2016-12-31 22,235,941
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 9,153,947
Number of terminated vested participants 2016-12-31 29
Fundng target for terminated vested participants 2016-12-31 3,837,843
Active participant vested funding target 2016-12-31 8,257,025
Number of active participants 2016-12-31 29
Total funding liabilities for active participants 2016-12-31 8,377,181
Total participant count 2016-12-31 108
Total funding target for all participants 2016-12-31 21,368,971
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 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 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 995,973
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 1,058,421
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 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 400,000
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 2016-12-31 385,524
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 64,000
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 2016-12-31 385,524
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2011: THE FARM CREDIT COUNCIL PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 49
Number of retired or separated participants receiving benefits 2011-01-01 32
Number of other retired or separated participants entitled to future benefits 2011-01-01 30
Total of all active and inactive participants 2011-01-01 111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 111
Number of participants with account balances 2011-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: THE FARM CREDIT COUNCIL PENSION PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 112
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 51
Number of retired or separated participants receiving benefits 2010-01-01 30
Number of other retired or separated participants entitled to future benefits 2010-01-01 28
Total of all active and inactive participants 2010-01-01 109
Total participants 2010-01-01 109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 3
2009: THE FARM CREDIT COUNCIL PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 55
Number of retired or separated participants receiving benefits 2009-01-01 28
Number of other retired or separated participants entitled to future benefits 2009-01-01 29
Total of all active and inactive participants 2009-01-01 112
Total participants 2009-01-01 112

Measure	Date	Value
2021: THE FARM CREDIT COUNCIL PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	29,714,127
Acturial value of plan assets	2021-12-31	27,202,935
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	14,470,098
Number of terminated vested participants	2021-12-31	26
Fundng target for terminated vested participants	2021-12-31	4,376,194
Active participant vested funding target	2021-12-31	4,731,537
Number of active participants	2021-12-31	15
Total funding liabilities for active participants	2021-12-31	4,750,140
Total participant count	2021-12-31	106
Total funding target for all participants	2021-12-31	23,596,432
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	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	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	580,696
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	611,705
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	0
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	600,000
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	580,496
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	133,000
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	580,496
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: THE FARM CREDIT COUNCIL PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	27,124,422
Acturial value of plan assets	2020-12-31	25,643,111
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	13,088,744
Number of terminated vested participants	2020-12-31	28
Fundng target for terminated vested participants	2020-12-31	4,905,552
Active participant vested funding target	2020-12-31	5,877,798
Number of active participants	2020-12-31	18
Total funding liabilities for active participants	2020-12-31	5,899,864
Total participant count	2020-12-31	107
Total funding target for all participants	2020-12-31	23,894,160
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	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	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	580,314
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	612,231
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	0
Total employer contributions	2020-12-31	600,000
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	580,696
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	148,000
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	580,696
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: THE FARM CREDIT COUNCIL PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	22,755,760
Acturial value of plan assets	2019-12-31	24,063,266
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	13,325,289
Number of terminated vested participants	2019-12-31	28
Fundng target for terminated vested participants	2019-12-31	3,938,237
Active participant vested funding target	2019-12-31	6,266,701
Number of active participants	2019-12-31	19
Total funding liabilities for active participants	2019-12-31	6,290,672
Total participant count	2019-12-31	107
Total funding target for all participants	2019-12-31	23,554,198
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	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	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	579,570
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	612,548
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	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	0
Total employer contributions	2019-12-31	600,000
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	580,314
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	118,000
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	580,314
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: THE FARM CREDIT COUNCIL PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	24,817,892
Acturial value of plan assets	2018-12-31	23,300,709
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	13,445,198
Number of terminated vested participants	2018-12-31	27
Fundng target for terminated vested participants	2018-12-31	3,065,658
Active participant vested funding target	2018-12-31	6,481,904
Number of active participants	2018-12-31	21
Total funding liabilities for active participants	2018-12-31	6,503,433
Total participant count	2018-12-31	107
Total funding target for all participants	2018-12-31	23,014,289
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	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	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	386,036
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	408,774
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	0
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	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	600,000
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	579,570
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	66,000
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	579,570
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: THE FARM CREDIT COUNCIL PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	22,241,651
Acturial value of plan assets	2017-12-31	22,471,117
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	12,703,805
Number of terminated vested participants	2017-12-31	28
Fundng target for terminated vested participants	2017-12-31	3,004,224
Active participant vested funding target	2017-12-31	5,884,471
Number of active participants	2017-12-31	23
Total funding liabilities for active participants	2017-12-31	5,942,433
Total participant count	2017-12-31	108
Total funding target for all participants	2017-12-31	21,650,462
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	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	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	385,524
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	408,925
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	0
Balance of prefunding at beginning of current year	2017-12-31	0
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	386,036
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	67,000
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	386,036
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: THE FARM CREDIT COUNCIL PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	21,021,793
Acturial value of plan assets	2016-12-31	22,235,941
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	9,153,947
Number of terminated vested participants	2016-12-31	29
Fundng target for terminated vested participants	2016-12-31	3,837,843
Active participant vested funding target	2016-12-31	8,257,025
Number of active participants	2016-12-31	29
Total funding liabilities for active participants	2016-12-31	8,377,181
Total participant count	2016-12-31	108
Total funding target for all participants	2016-12-31	21,368,971
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	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	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	995,973
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	1,058,421
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	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	400,000
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	385,524
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	64,000
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	385,524
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2011: THE FARM CREDIT COUNCIL PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	49
Number of retired or separated participants receiving benefits	2011-01-01	32
Number of other retired or separated participants entitled to future benefits	2011-01-01	30
Total of all active and inactive participants	2011-01-01	111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	111
Number of participants with account balances	2011-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: THE FARM CREDIT COUNCIL PENSION PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	112
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	51
Number of retired or separated participants receiving benefits	2010-01-01	30
Number of other retired or separated participants entitled to future benefits	2010-01-01	28
Total of all active and inactive participants	2010-01-01	109
Total participants	2010-01-01	109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	3
2009: THE FARM CREDIT COUNCIL PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	55
Number of retired or separated participants receiving benefits	2009-01-01	28
Number of other retired or separated participants entitled to future benefits	2009-01-01	29
Total of all active and inactive participants	2009-01-01	112
Total participants	2009-01-01	112

Financial Data on THE FARM CREDIT COUNCIL PENSION PLAN

Measure	Date	Value
2011 : THE FARM CREDIT COUNCIL PENSION PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$28,051
Total plan liabilities at beginning of year	2011-12-31	$22,010
Total income from all sources	2011-12-31	$2,361,902
Expenses. Total of all expenses incurred	2011-12-31	$616,651
Benefits paid (including direct rollovers)	2011-12-31	$421,186
Total plan assets at end of year	2011-12-31	$12,753,653
Total plan assets at beginning of year	2011-12-31	$11,002,361
Value of fidelity bond covering the plan	2011-12-31	$5,000,000
Other income received	2011-12-31	$75,458
Net income (gross income less expenses)	2011-12-31	$1,745,251
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$12,725,602
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$10,980,351
Total contributions received or receivable from employer(s)	2011-12-31	$2,286,444
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$195,465
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : THE FARM CREDIT COUNCIL PENSION PLAN 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$22,010
Total plan liabilities at beginning of year	2010-12-31	$51,780
Total income from all sources	2010-12-31	$1,497,108
Expenses. Total of all expenses incurred	2010-12-31	$600,990
Benefits paid (including direct rollovers)	2010-12-31	$413,965
Total plan assets at end of year	2010-12-31	$11,002,361
Total plan assets at beginning of year	2010-12-31	$10,136,013
Value of fidelity bond covering the plan	2010-12-31	$2,500,000
Other income received	2010-12-31	$867,464
Net income (gross income less expenses)	2010-12-31	$896,118
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$10,980,351
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$10,084,233
Total contributions received or receivable from employer(s)	2010-12-31	$629,644
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$187,025

Form 5500 Responses for THE FARM CREDIT COUNCIL PENSION PLAN

2011: THE FARM CREDIT COUNCIL PENSION PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: THE FARM CREDIT COUNCIL PENSION PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: THE FARM CREDIT COUNCIL PENSION PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE FARM CREDIT COUNCIL
Employer identification number (EIN):	521275264
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services