401k Plan data: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN plan

SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 401k Plan overview

Plan Name	SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN
Plan identification number	002

SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT 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). 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).

401k Sponsoring company profile

MOLINS MACHINE COMPANY INC. has sponsored the creation of one or more 401k plans.

Company Name: MOLINS MACHINE COMPANY INC.

Employer identification number (EIN): 540306840

NAIC Classification: 333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 JOHN GAZZARUSO 2024-10-11 JOHN GAZZARUSO 2024-10-11
002 2022-01-01 JOHN GAZZARUSO 2023-10-09 JOHN GAZZARUSO 2023-10-09
002 2021-01-01 JOHN GAZZARUSO 2022-10-12
002 2020-01-01 JOHN GAZZARUSO 2021-10-08
002 2019-01-01 JOHN GAZZARUSO 2020-10-09
002 2018-01-01 DUNCAN TYLER 2019-10-07 DUNCAN TYLER 2019-10-07
002 2017-01-01 DUNCAN TYLER 2018-10-08 DUNCAN TYLER 2018-10-08
002 2017-01-01 DUNCAN TYLER 2018-10-04 DUNCAN TYLER 2018-10-04
002 2016-01-01 DUNCAN TYLER 2017-10-03 DUNCAN TYLER 2017-10-03
002 2015-01-01
002 2014-01-01 ELIZABETH B COLEMAN 2015-09-16 ELIZABETH B COLEMAN 2015-09-16
002 2013-01-01 DUNCAN TYLER 2014-09-30
002 2012-01-01 DUNCAN TYLER 2013-10-15
002 2011-01-01 WILLIAM THOMPSON 2012-09-27
002 2010-01-01 THOMAS A. LAVINKA 2011-07-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	JOHN GAZZARUSO	2024-10-11	JOHN GAZZARUSO	2024-10-11
002	2022-01-01	JOHN GAZZARUSO	2023-10-09	JOHN GAZZARUSO	2023-10-09
002	2021-01-01	JOHN GAZZARUSO	2022-10-12
002	2020-01-01	JOHN GAZZARUSO	2021-10-08
002	2019-01-01	JOHN GAZZARUSO	2020-10-09
002	2018-01-01	DUNCAN TYLER	2019-10-07	DUNCAN TYLER	2019-10-07
002	2017-01-01	DUNCAN TYLER	2018-10-08	DUNCAN TYLER	2018-10-08
002	2017-01-01	DUNCAN TYLER	2018-10-04	DUNCAN TYLER	2018-10-04
002	2016-01-01	DUNCAN TYLER	2017-10-03	DUNCAN TYLER	2017-10-03
002	2015-01-01
002	2014-01-01	ELIZABETH B COLEMAN	2015-09-16	ELIZABETH B COLEMAN	2015-09-16
002	2013-01-01	DUNCAN TYLER	2014-09-30
002	2012-01-01	DUNCAN TYLER	2013-10-15
002	2011-01-01	WILLIAM THOMPSON	2012-09-27
002	2010-01-01	THOMAS A. LAVINKA	2011-07-28

Plan Statistics for SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN

401k plan membership statisitcs for SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN

Measure Date Value
2022: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 2,733,525
Acturial value of plan assets 2022-12-31 2,632,499
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 2,515,792
Number of terminated vested participants 2022-12-31 6
Fundng target for terminated vested participants 2022-12-31 286,645
Active participant vested funding target 2022-12-31 0
Number of active participants 2022-12-31 0
Total funding liabilities for active participants 2022-12-31 0
Total participant count 2022-12-31 50
Total funding target for all participants 2022-12-31 2,802,437
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 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 0
Total employer contributions 2022-12-31 94,907
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 91,532
Liquidity shortfalls end of Q1 2022-12-31 0
Liquidity shortfalls end of Q2 2022-12-31 0
Liquidity shortfalls end of Q3 2022-12-31 0
Liquidity shortfalls end of Q4 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 73,000
Net shortfall amortization installment of oustanding balance 2022-12-31 169,938
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 91,512
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 91,512
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 91,532
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 2,792,423
Acturial value of plan assets 2021-12-31 2,591,583
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 2,583,935
Number of terminated vested participants 2021-12-31 6
Fundng target for terminated vested participants 2021-12-31 265,146
Active participant vested funding target 2021-12-31 0
Number of active participants 2021-12-31 0
Total funding liabilities for active participants 2021-12-31 0
Total participant count 2021-12-31 50
Total funding target for all participants 2021-12-31 2,849,081
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 2021-12-31 737
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 778
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 98,736
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 98,549
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 73,000
Net shortfall amortization installment of oustanding balance 2021-12-31 257,498
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 98,549
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 98,549
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 98,549
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 2,721,186
Acturial value of plan assets 2020-12-31 2,599,595
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 2,718,601
Number of terminated vested participants 2020-12-31 6
Fundng target for terminated vested participants 2020-12-31 246,180
Active participant vested funding target 2020-12-31 0
Number of active participants 2020-12-31 0
Total funding liabilities for active participants 2020-12-31 0
Total participant count 2020-12-31 52
Total funding target for all participants 2020-12-31 2,964,781
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 2020-12-31 104
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 110
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 2020-12-31 114,000
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 2020-12-31 108,023
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 73,000
Net shortfall amortization installment of oustanding balance 2020-12-31 365,186
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 107,286
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 2020-12-31 107,286
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 108,023
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 2,390,959
Acturial value of plan assets 2019-12-31 2,544,966
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 2,700,482
Number of terminated vested participants 2019-12-31 7
Fundng target for terminated vested participants 2019-12-31 396,223
Active participant vested funding target 2019-12-31 0
Number of active participants 2019-12-31 0
Total funding liabilities for active participants 2019-12-31 0
Total participant count 2019-12-31 52
Total funding target for all participants 2019-12-31 3,096,705
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 68
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 72
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 2019-12-31 132,478
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 2019-12-31 128,240
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
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 72,000
Net shortfall amortization installment of oustanding balance 2019-12-31 551,739
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 207,246
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 2019-12-31 207,246
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 128,240
Unpaid minimum required contributions for current year 2019-12-31 79,006
Unpaid minimum required contributions for all years 2019-12-31 79,006
2018: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,739,999
Acturial value of plan assets 2018-12-31 2,655,771
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 2,745,456
Number of terminated vested participants 2018-12-31 7
Fundng target for terminated vested participants 2018-12-31 354,333
Active participant vested funding target 2018-12-31 0
Number of active participants 2018-12-31 0
Total funding liabilities for active participants 2018-12-31 0
Total participant count 2018-12-31 53
Total funding target for all participants 2018-12-31 3,099,789
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 10
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 11
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 2018-12-31 137,665
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 2018-12-31 132,714
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 62,500
Net shortfall amortization installment of oustanding balance 2018-12-31 444,018
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 132,646
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 2018-12-31 132,646
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 132,714
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,609,311
Acturial value of plan assets 2017-12-31 2,672,649
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 2,693,413
Number of terminated vested participants 2017-12-31 9
Fundng target for terminated vested participants 2017-12-31 448,567
Active participant vested funding target 2017-12-31 0
Number of active participants 2017-12-31 0
Total funding liabilities for active participants 2017-12-31 0
Total participant count 2017-12-31 54
Total funding target for all participants 2017-12-31 3,141,980
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 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
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 2017-12-31 191,852
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 2017-12-31 183,019
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 65,000
Net shortfall amortization installment of oustanding balance 2017-12-31 469,331
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 183,009
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 2017-12-31 183,009
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 183,019
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,666,889
Acturial value of plan assets 2016-12-31 2,784,757
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 2,693,486
Number of terminated vested participants 2016-12-31 11
Fundng target for terminated vested participants 2016-12-31 485,560
Active participant vested funding target 2016-12-31 0
Number of active participants 2016-12-31 0
Total funding liabilities for active participants 2016-12-31 0
Total participant count 2016-12-31 56
Total funding target for all participants 2016-12-31 3,179,046
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 86
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 91
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 2016-12-31 167,344
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 2016-12-31 158,370
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 65,000
Net shortfall amortization installment of oustanding balance 2016-12-31 394,289
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 158,370
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 2016-12-31 158,370
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 158,370
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
2022: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	2,733,525
Acturial value of plan assets	2022-12-31	2,632,499
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	2,515,792
Number of terminated vested participants	2022-12-31	6
Fundng target for terminated vested participants	2022-12-31	286,645
Active participant vested funding target	2022-12-31	0
Number of active participants	2022-12-31	0
Total funding liabilities for active participants	2022-12-31	0
Total participant count	2022-12-31	50
Total funding target for all participants	2022-12-31	2,802,437
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	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	94,907
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	91,532
Liquidity shortfalls end of Q1	2022-12-31	0
Liquidity shortfalls end of Q2	2022-12-31	0
Liquidity shortfalls end of Q3	2022-12-31	0
Liquidity shortfalls end of Q4	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	73,000
Net shortfall amortization installment of oustanding balance	2022-12-31	169,938
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	91,512
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	91,512
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	91,532
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	2,792,423
Acturial value of plan assets	2021-12-31	2,591,583
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	2,583,935
Number of terminated vested participants	2021-12-31	6
Fundng target for terminated vested participants	2021-12-31	265,146
Active participant vested funding target	2021-12-31	0
Number of active participants	2021-12-31	0
Total funding liabilities for active participants	2021-12-31	0
Total participant count	2021-12-31	50
Total funding target for all participants	2021-12-31	2,849,081
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	737
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	778
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	98,736
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	98,549
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	73,000
Net shortfall amortization installment of oustanding balance	2021-12-31	257,498
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	98,549
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	98,549
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	98,549
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	2,721,186
Acturial value of plan assets	2020-12-31	2,599,595
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	2,718,601
Number of terminated vested participants	2020-12-31	6
Fundng target for terminated vested participants	2020-12-31	246,180
Active participant vested funding target	2020-12-31	0
Number of active participants	2020-12-31	0
Total funding liabilities for active participants	2020-12-31	0
Total participant count	2020-12-31	52
Total funding target for all participants	2020-12-31	2,964,781
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	104
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	110
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	114,000
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	108,023
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	73,000
Net shortfall amortization installment of oustanding balance	2020-12-31	365,186
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	107,286
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	107,286
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	108,023
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	2,390,959
Acturial value of plan assets	2019-12-31	2,544,966
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	2,700,482
Number of terminated vested participants	2019-12-31	7
Fundng target for terminated vested participants	2019-12-31	396,223
Active participant vested funding target	2019-12-31	0
Number of active participants	2019-12-31	0
Total funding liabilities for active participants	2019-12-31	0
Total participant count	2019-12-31	52
Total funding target for all participants	2019-12-31	3,096,705
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	68
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	72
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	132,478
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	128,240
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
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	72,000
Net shortfall amortization installment of oustanding balance	2019-12-31	551,739
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	207,246
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	207,246
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	128,240
Unpaid minimum required contributions for current year	2019-12-31	79,006
Unpaid minimum required contributions for all years	2019-12-31	79,006
2018: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,739,999
Acturial value of plan assets	2018-12-31	2,655,771
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	2,745,456
Number of terminated vested participants	2018-12-31	7
Fundng target for terminated vested participants	2018-12-31	354,333
Active participant vested funding target	2018-12-31	0
Number of active participants	2018-12-31	0
Total funding liabilities for active participants	2018-12-31	0
Total participant count	2018-12-31	53
Total funding target for all participants	2018-12-31	3,099,789
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	10
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	11
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	137,665
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	132,714
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	62,500
Net shortfall amortization installment of oustanding balance	2018-12-31	444,018
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	132,646
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	132,646
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	132,714
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,609,311
Acturial value of plan assets	2017-12-31	2,672,649
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	2,693,413
Number of terminated vested participants	2017-12-31	9
Fundng target for terminated vested participants	2017-12-31	448,567
Active participant vested funding target	2017-12-31	0
Number of active participants	2017-12-31	0
Total funding liabilities for active participants	2017-12-31	0
Total participant count	2017-12-31	54
Total funding target for all participants	2017-12-31	3,141,980
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	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
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	191,852
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	183,019
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	65,000
Net shortfall amortization installment of oustanding balance	2017-12-31	469,331
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	183,009
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	183,009
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	183,019
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: SASIB CORPORATION OF AMERICA EMPLOYEES RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,666,889
Acturial value of plan assets	2016-12-31	2,784,757
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	2,693,486
Number of terminated vested participants	2016-12-31	11
Fundng target for terminated vested participants	2016-12-31	485,560
Active participant vested funding target	2016-12-31	0
Number of active participants	2016-12-31	0
Total funding liabilities for active participants	2016-12-31	0
Total participant count	2016-12-31	56
Total funding target for all participants	2016-12-31	3,179,046
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	86
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	91
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	167,344
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	158,370
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	65,000
Net shortfall amortization installment of oustanding balance	2016-12-31	394,289
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	158,370
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	158,370
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	158,370
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	MOLINS MACHINE COMPANY INC.
Employer identification number (EIN):	540306840
NAIC Classification:	333900