401k Plan data: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN plan

INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 401k Plan overview

Plan Name	INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN
Plan identification number	001

INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily flat dollar (includes dollars per year of service)
Code section 401(h) arrangement - Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

INDUSTRIAL RESOURCES, INC. has sponsored the creation of one or more 401k plans.

Company Name: INDUSTRIAL RESOURCES, INC.

Employer identification number (EIN): 550579012

NAIC Classification: 332900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-11-01 WILLIAM HARVEY 2024-07-18 WILLIAM HARVEY 2024-07-18
001 2021-11-01 WILLIAM HARVEY 2023-07-18 WILLIAM HARVEY 2023-07-18
001 2020-11-01 WILLIAM HARVEY 2022-07-27 WILLIAM HARVEY 2022-07-27
001 2019-11-01 WILLIAM J HARVEY 2021-03-04 WILLIAM J HARVEY 2021-03-04
001 2018-11-01 WILLIAM HARVEY 2020-02-25 WILLIAM HARVEY 2020-02-25
001 2017-11-01 WILLIAM HARVEY 2019-03-26 WILLIAM HARVEY 2019-03-26
001 2016-11-01 WILLIAM HARVEY 2018-07-26 WILLIAM HARVEY 2018-07-26
001 2015-11-01 WILLIAM HARVEY 2017-08-10 WILLIAM HARVEY 2017-08-10
001 2014-11-01 WILLIAM HARVEY 2015-12-16 WILLIAM HARVEY 2015-12-16
001 2013-11-01 WILLIAM HARVEY 2015-02-11 WILLIAM HARVEY 2015-02-11
001 2012-11-01 WILLIAM HARVEY 2014-01-31 WILLIAM HARVEY 2014-01-31
001 2011-11-01 WILLIAM HARVEY 2013-03-01 WILLIAM HARVEY 2013-03-01
001 2010-11-01 WILLIAM HARVEY 2012-02-24 WILLIAM HARVEY 2012-02-24
001 2008-11-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-11-01	WILLIAM HARVEY	2024-07-18	WILLIAM HARVEY	2024-07-18
001	2021-11-01	WILLIAM HARVEY	2023-07-18	WILLIAM HARVEY	2023-07-18
001	2020-11-01	WILLIAM HARVEY	2022-07-27	WILLIAM HARVEY	2022-07-27
001	2019-11-01	WILLIAM J HARVEY	2021-03-04	WILLIAM J HARVEY	2021-03-04
001	2018-11-01	WILLIAM HARVEY	2020-02-25	WILLIAM HARVEY	2020-02-25
001	2017-11-01	WILLIAM HARVEY	2019-03-26	WILLIAM HARVEY	2019-03-26
001	2016-11-01	WILLIAM HARVEY	2018-07-26	WILLIAM HARVEY	2018-07-26
001	2015-11-01	WILLIAM HARVEY	2017-08-10	WILLIAM HARVEY	2017-08-10
001	2014-11-01	WILLIAM HARVEY	2015-12-16	WILLIAM HARVEY	2015-12-16
001	2013-11-01	WILLIAM HARVEY	2015-02-11	WILLIAM HARVEY	2015-02-11
001	2012-11-01	WILLIAM HARVEY	2014-01-31	WILLIAM HARVEY	2014-01-31
001	2011-11-01	WILLIAM HARVEY	2013-03-01	WILLIAM HARVEY	2013-03-01
001	2010-11-01	WILLIAM HARVEY	2012-02-24	WILLIAM HARVEY	2012-02-24
001	2008-11-01

Plan Statistics for INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN

401k plan membership statisitcs for INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN

Measure Date Value
2023: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2023 401k membership
Market value of plan assets 2023-10-31 1,407,454
Acturial value of plan assets 2023-10-31 1,467,566
Funding target for retired participants and beneficiaries receiving payment 2023-10-31 1,360,949
Number of terminated vested participants 2023-10-31 9
Fundng target for terminated vested participants 2023-10-31 190,451
Active participant vested funding target 2023-10-31 95,125
Number of active participants 2023-10-31 3
Total funding liabilities for active participants 2023-10-31 95,125
Total participant count 2023-10-31 41
Total funding target for all participants 2023-10-31 1,646,525
Balance at beginning of prior year after applicable adjustments 2023-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2023-10-31 169
Carryover balanced portion elected for use to offset prior years funding requirement 2023-10-31 0
Prefunding balanced used to offset prior years funding requirement 2023-10-31 101
Amount remaining of carryover balance 2023-10-31 0
Amount remaining of prefunding balance 2023-10-31 68
Present value of excess contributions 2023-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2023-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2023-10-31 0
Reductions in caryover balances due to elections or deemed elections 2023-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2023-10-31 0
Balance of carryovers at beginning of current year 2023-10-31 0
Balance of prefunding at beginning of current year 2023-10-31 64
Total employer contributions 2023-10-31 34,315
Total employee contributions 2023-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2023-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2023-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2023-10-31 30,293
Liquidity shortfalls end of Q1 2023-10-31 0
Liquidity shortfalls end of Q2 2023-10-31 0
Liquidity shortfalls end of Q3 2023-10-31 0
Liquidity shortfalls end of Q4 2023-10-31 0
Unpaid minimum required contributions for all prior years 2023-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2023-10-31 0
Remaining amount of unpaid minimum required contributions 2023-10-31 0
Minimum required contributions for current year target normal cost 2023-10-31 11,319
Net shortfall amortization installment of oustanding balance 2023-10-31 179,023
Waiver amortization installment 2023-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2023-10-31 30,201
Carryover balance elected to use to offset funding requirement 2023-10-31 0
Prefunding balance elected to use to offset funding requirement 2023-10-31 0
Additional cash requirement 2023-10-31 30,201
Contributions allocatedtoward minimum required contributions for current year 2023-10-31 30,293
Unpaid minimum required contributions for current year 2023-10-31 0
Unpaid minimum required contributions for all years 2023-10-31 0
2022: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2022 401k membership
Market value of plan assets 2022-10-31 1,779,236
Acturial value of plan assets 2022-10-31 1,668,204
Funding target for retired participants and beneficiaries receiving payment 2022-10-31 1,371,562
Number of terminated vested participants 2022-10-31 12
Fundng target for terminated vested participants 2022-10-31 280,246
Active participant vested funding target 2022-10-31 185,760
Number of active participants 2022-10-31 4
Total funding liabilities for active participants 2022-10-31 185,760
Total participant count 2022-10-31 45
Total funding target for all participants 2022-10-31 1,837,568
Balance at beginning of prior year after applicable adjustments 2022-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-10-31 141
Carryover balanced portion elected for use to offset prior years funding requirement 2022-10-31 0
Prefunding balanced used to offset prior years funding requirement 2022-10-31 0
Amount remaining of carryover balance 2022-10-31 0
Amount remaining of prefunding balance 2022-10-31 141
Present value of excess contributions 2022-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-10-31 0
Reductions in caryover balances due to elections or deemed elections 2022-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-10-31 0
Balance of carryovers at beginning of current year 2022-10-31 0
Balance of prefunding at beginning of current year 2022-10-31 169
Total employer contributions 2022-10-31 31,597
Total employee contributions 2022-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-10-31 27,825
Liquidity shortfalls end of Q1 2022-10-31 0
Liquidity shortfalls end of Q2 2022-10-31 0
Liquidity shortfalls end of Q3 2022-10-31 0
Liquidity shortfalls end of Q4 2022-10-31 0
Unpaid minimum required contributions for all prior years 2022-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-10-31 0
Remaining amount of unpaid minimum required contributions 2022-10-31 0
Minimum required contributions for current year target normal cost 2022-10-31 10,665
Net shortfall amortization installment of oustanding balance 2022-10-31 169,533
Waiver amortization installment 2022-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-10-31 27,926
Carryover balance elected to use to offset funding requirement 2022-10-31 0
Prefunding balance elected to use to offset funding requirement 2022-10-31 101
Additional cash requirement 2022-10-31 27,825
Contributions allocatedtoward minimum required contributions for current year 2022-10-31 27,825
Unpaid minimum required contributions for current year 2022-10-31 0
Unpaid minimum required contributions for all years 2022-10-31 0
2021: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2021 401k membership
Market value of plan assets 2021-10-31 1,622,141
Acturial value of plan assets 2021-10-31 1,681,022
Funding target for retired participants and beneficiaries receiving payment 2021-10-31 1,572,223
Number of terminated vested participants 2021-10-31 13
Fundng target for terminated vested participants 2021-10-31 281,394
Active participant vested funding target 2021-10-31 172,164
Number of active participants 2021-10-31 4
Total funding liabilities for active participants 2021-10-31 172,164
Total participant count 2021-10-31 48
Total funding target for all participants 2021-10-31 2,025,781
Balance at beginning of prior year after applicable adjustments 2021-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-10-31 3,998
Carryover balanced portion elected for use to offset prior years funding requirement 2021-10-31 0
Prefunding balanced used to offset prior years funding requirement 2021-10-31 3,858
Amount remaining of carryover balance 2021-10-31 0
Amount remaining of prefunding balance 2021-10-31 140
Present value of excess contributions 2021-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-10-31 0
Reductions in caryover balances due to elections or deemed elections 2021-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-10-31 0
Balance of carryovers at beginning of current year 2021-10-31 0
Balance of prefunding at beginning of current year 2021-10-31 141
Total employer contributions 2021-10-31 48,823
Total employee contributions 2021-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-10-31 42,809
Liquidity shortfalls end of Q1 2021-10-31 0
Liquidity shortfalls end of Q2 2021-10-31 0
Liquidity shortfalls end of Q3 2021-10-31 0
Liquidity shortfalls end of Q4 2021-10-31 0
Unpaid minimum required contributions for all prior years 2021-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-10-31 0
Remaining amount of unpaid minimum required contributions 2021-10-31 0
Minimum required contributions for current year target normal cost 2021-10-31 10,427
Net shortfall amortization installment of oustanding balance 2021-10-31 344,900
Waiver amortization installment 2021-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-10-31 42,809
Carryover balance elected to use to offset funding requirement 2021-10-31 0
Prefunding balance elected to use to offset funding requirement 2021-10-31 0
Additional cash requirement 2021-10-31 42,809
Contributions allocatedtoward minimum required contributions for current year 2021-10-31 42,809
Unpaid minimum required contributions for current year 2021-10-31 0
Unpaid minimum required contributions for all years 2021-10-31 0
2020: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2020 401k membership
Market value of plan assets 2020-10-31 1,681,086
Acturial value of plan assets 2020-10-31 1,712,824
Funding target for retired participants and beneficiaries receiving payment 2020-10-31 1,540,339
Number of terminated vested participants 2020-10-31 13
Fundng target for terminated vested participants 2020-10-31 272,224
Active participant vested funding target 2020-10-31 284,605
Number of active participants 2020-10-31 5
Total funding liabilities for active participants 2020-10-31 284,605
Total participant count 2020-10-31 48
Total funding target for all participants 2020-10-31 2,097,168
Balance at beginning of prior year after applicable adjustments 2020-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-10-31 3,299
Carryover balanced portion elected for use to offset prior years funding requirement 2020-10-31 0
Prefunding balanced used to offset prior years funding requirement 2020-10-31 0
Amount remaining of carryover balance 2020-10-31 0
Amount remaining of prefunding balance 2020-10-31 3,299
Present value of excess contributions 2020-10-31 480
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-10-31 507
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-10-31 507
Reductions in caryover balances due to elections or deemed elections 2020-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-10-31 0
Balance of carryovers at beginning of current year 2020-10-31 0
Balance of prefunding at beginning of current year 2020-10-31 3,998
Total employer contributions 2020-10-31 101,550
Total employee contributions 2020-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-10-31 92,342
Liquidity shortfalls end of Q1 2020-10-31 0
Liquidity shortfalls end of Q2 2020-10-31 0
Liquidity shortfalls end of Q3 2020-10-31 0
Liquidity shortfalls end of Q4 2020-10-31 0
Unpaid minimum required contributions for all prior years 2020-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-10-31 0
Remaining amount of unpaid minimum required contributions 2020-10-31 0
Minimum required contributions for current year target normal cost 2020-10-31 11,929
Net shortfall amortization installment of oustanding balance 2020-10-31 388,342
Waiver amortization installment 2020-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-10-31 96,200
Carryover balance elected to use to offset funding requirement 2020-10-31 0
Prefunding balance elected to use to offset funding requirement 2020-10-31 3,858
Additional cash requirement 2020-10-31 92,342
Contributions allocatedtoward minimum required contributions for current year 2020-10-31 92,342
Unpaid minimum required contributions for current year 2020-10-31 0
Unpaid minimum required contributions for all years 2020-10-31 0
2019: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2019 401k membership
Market value of plan assets 2019-10-31 1,646,292
Acturial value of plan assets 2019-10-31 1,698,392
Funding target for retired participants and beneficiaries receiving payment 2019-10-31 1,580,255
Number of terminated vested participants 2019-10-31 14
Fundng target for terminated vested participants 2019-10-31 261,448
Active participant vested funding target 2019-10-31 268,640
Number of active participants 2019-10-31 6
Total funding liabilities for active participants 2019-10-31 268,640
Total participant count 2019-10-31 51
Total funding target for all participants 2019-10-31 2,110,343
Balance at beginning of prior year after applicable adjustments 2019-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-10-31 126
Carryover balanced portion elected for use to offset prior years funding requirement 2019-10-31 0
Prefunding balanced used to offset prior years funding requirement 2019-10-31 0
Amount remaining of carryover balance 2019-10-31 0
Amount remaining of prefunding balance 2019-10-31 126
Present value of excess contributions 2019-10-31 2,996
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-10-31 3,172
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-10-31 3,172
Reductions in caryover balances due to elections or deemed elections 2019-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-10-31 0
Balance of carryovers at beginning of current year 2019-10-31 0
Balance of prefunding at beginning of current year 2019-10-31 3,299
Total employer contributions 2019-10-31 115,761
Total employee contributions 2019-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-10-31 105,168
Liquidity shortfalls end of Q1 2019-10-31 0
Liquidity shortfalls end of Q2 2019-10-31 0
Liquidity shortfalls end of Q3 2019-10-31 0
Liquidity shortfalls end of Q4 2019-10-31 0
Unpaid minimum required contributions for all prior years 2019-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-10-31 0
Remaining amount of unpaid minimum required contributions 2019-10-31 0
Minimum required contributions for current year target normal cost 2019-10-31 25,937
Net shortfall amortization installment of oustanding balance 2019-10-31 415,250
Waiver amortization installment 2019-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-10-31 104,688
Carryover balance elected to use to offset funding requirement 2019-10-31 0
Prefunding balance elected to use to offset funding requirement 2019-10-31 0
Additional cash requirement 2019-10-31 104,688
Contributions allocatedtoward minimum required contributions for current year 2019-10-31 105,168
Unpaid minimum required contributions for current year 2019-10-31 0
Unpaid minimum required contributions for all years 2019-10-31 0
2018: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2018 401k membership
Market value of plan assets 2018-10-31 1,782,525
Acturial value of plan assets 2018-10-31 1,801,448
Funding target for retired participants and beneficiaries receiving payment 2018-10-31 1,451,388
Number of terminated vested participants 2018-10-31 21
Fundng target for terminated vested participants 2018-10-31 390,425
Active participant vested funding target 2018-10-31 240,517
Number of active participants 2018-10-31 6
Total funding liabilities for active participants 2018-10-31 240,517
Total participant count 2018-10-31 56
Total funding target for all participants 2018-10-31 2,082,330
Balance at beginning of prior year after applicable adjustments 2018-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-10-31 9
Carryover balanced portion elected for use to offset prior years funding requirement 2018-10-31 0
Prefunding balanced used to offset prior years funding requirement 2018-10-31 0
Amount remaining of carryover balance 2018-10-31 0
Amount remaining of prefunding balance 2018-10-31 9
Present value of excess contributions 2018-10-31 109
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-10-31 116
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-10-31 116
Reductions in caryover balances due to elections or deemed elections 2018-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-10-31 0
Balance of carryovers at beginning of current year 2018-10-31 0
Balance of prefunding at beginning of current year 2018-10-31 126
Total employer contributions 2018-10-31 106,471
Total employee contributions 2018-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-10-31 97,116
Liquidity shortfalls end of Q1 2018-10-31 0
Liquidity shortfalls end of Q2 2018-10-31 0
Liquidity shortfalls end of Q3 2018-10-31 0
Liquidity shortfalls end of Q4 2018-10-31 0
Unpaid minimum required contributions for all prior years 2018-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-10-31 0
Remaining amount of unpaid minimum required contributions 2018-10-31 0
Minimum required contributions for current year target normal cost 2018-10-31 43,377
Net shortfall amortization installment of oustanding balance 2018-10-31 281,008
Waiver amortization installment 2018-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-10-31 94,120
Additional cash requirement 2018-10-31 94,120
Contributions allocatedtoward minimum required contributions for current year 2018-10-31 97,116
Unpaid minimum required contributions for current year 2018-10-31 0
Unpaid minimum required contributions for all years 2018-10-31 0
2017: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2017 401k membership
Market value of plan assets 2017-10-31 1,805,481
Acturial value of plan assets 2017-10-31 1,901,604
Funding target for retired participants and beneficiaries receiving payment 2017-10-31 1,360,569
Number of terminated vested participants 2017-10-31 23
Fundng target for terminated vested participants 2017-10-31 366,772
Active participant vested funding target 2017-10-31 338,575
Number of active participants 2017-10-31 8
Total funding liabilities for active participants 2017-10-31 338,575
Total participant count 2017-10-31 59
Total funding target for all participants 2017-10-31 2,065,916
Balance at beginning of prior year after applicable adjustments 2017-10-31 17,155
Prefunding balance at beginning of prior year after applicable adjustments 2017-10-31 90
Carryover balanced portion elected for use to offset prior years funding requirement 2017-10-31 17,155
Prefunding balanced used to offset prior years funding requirement 2017-10-31 81
Amount remaining of carryover balance 2017-10-31 0
Amount remaining of prefunding balance 2017-10-31 9
Present value of excess contributions 2017-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-10-31 0
Reductions in caryover balances due to elections or deemed elections 2017-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-10-31 0
Balance of carryovers at beginning of current year 2017-10-31 0
Balance of prefunding at beginning of current year 2017-10-31 9
Total employer contributions 2017-10-31 69,509
Total employee contributions 2017-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-10-31 61,767
Liquidity shortfalls end of Q1 2017-10-31 0
Liquidity shortfalls end of Q2 2017-10-31 0
Liquidity shortfalls end of Q3 2017-10-31 0
Liquidity shortfalls end of Q4 2017-10-31 0
Unpaid minimum required contributions for all prior years 2017-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-10-31 0
Remaining amount of unpaid minimum required contributions 2017-10-31 0
Minimum required contributions for current year target normal cost 2017-10-31 33,317
Net shortfall amortization installment of oustanding balance 2017-10-31 164,321
Waiver amortization installment 2017-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-10-31 61,658
Carryover balance elected to use to offset funding requirement 2017-10-31 0
Prefunding balance elected to use to offset funding requirement 2017-10-31 0
Additional cash requirement 2017-10-31 61,658
Contributions allocatedtoward minimum required contributions for current year 2017-10-31 61,767
Unpaid minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for all years 2017-10-31 0

Measure	Date	Value
2023: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2023 401k membership
Market value of plan assets	2023-10-31	1,407,454
Acturial value of plan assets	2023-10-31	1,467,566
Funding target for retired participants and beneficiaries receiving payment	2023-10-31	1,360,949
Number of terminated vested participants	2023-10-31	9
Fundng target for terminated vested participants	2023-10-31	190,451
Active participant vested funding target	2023-10-31	95,125
Number of active participants	2023-10-31	3
Total funding liabilities for active participants	2023-10-31	95,125
Total participant count	2023-10-31	41
Total funding target for all participants	2023-10-31	1,646,525
Balance at beginning of prior year after applicable adjustments	2023-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2023-10-31	169
Carryover balanced portion elected for use to offset prior years funding requirement	2023-10-31	0
Prefunding balanced used to offset prior years funding requirement	2023-10-31	101
Amount remaining of carryover balance	2023-10-31	0
Amount remaining of prefunding balance	2023-10-31	68
Present value of excess contributions	2023-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2023-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2023-10-31	0
Reductions in caryover balances due to elections or deemed elections	2023-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2023-10-31	0
Balance of carryovers at beginning of current year	2023-10-31	0
Balance of prefunding at beginning of current year	2023-10-31	64
Total employer contributions	2023-10-31	34,315
Total employee contributions	2023-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2023-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2023-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2023-10-31	30,293
Liquidity shortfalls end of Q1	2023-10-31	0
Liquidity shortfalls end of Q2	2023-10-31	0
Liquidity shortfalls end of Q3	2023-10-31	0
Liquidity shortfalls end of Q4	2023-10-31	0
Unpaid minimum required contributions for all prior years	2023-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2023-10-31	0
Remaining amount of unpaid minimum required contributions	2023-10-31	0
Minimum required contributions for current year target normal cost	2023-10-31	11,319
Net shortfall amortization installment of oustanding balance	2023-10-31	179,023
Waiver amortization installment	2023-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2023-10-31	30,201
Carryover balance elected to use to offset funding requirement	2023-10-31	0
Prefunding balance elected to use to offset funding requirement	2023-10-31	0
Additional cash requirement	2023-10-31	30,201
Contributions allocatedtoward minimum required contributions for current year	2023-10-31	30,293
Unpaid minimum required contributions for current year	2023-10-31	0
Unpaid minimum required contributions for all years	2023-10-31	0
2022: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2022 401k membership
Market value of plan assets	2022-10-31	1,779,236
Acturial value of plan assets	2022-10-31	1,668,204
Funding target for retired participants and beneficiaries receiving payment	2022-10-31	1,371,562
Number of terminated vested participants	2022-10-31	12
Fundng target for terminated vested participants	2022-10-31	280,246
Active participant vested funding target	2022-10-31	185,760
Number of active participants	2022-10-31	4
Total funding liabilities for active participants	2022-10-31	185,760
Total participant count	2022-10-31	45
Total funding target for all participants	2022-10-31	1,837,568
Balance at beginning of prior year after applicable adjustments	2022-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-10-31	141
Carryover balanced portion elected for use to offset prior years funding requirement	2022-10-31	0
Prefunding balanced used to offset prior years funding requirement	2022-10-31	0
Amount remaining of carryover balance	2022-10-31	0
Amount remaining of prefunding balance	2022-10-31	141
Present value of excess contributions	2022-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-10-31	0
Reductions in caryover balances due to elections or deemed elections	2022-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-10-31	0
Balance of carryovers at beginning of current year	2022-10-31	0
Balance of prefunding at beginning of current year	2022-10-31	169
Total employer contributions	2022-10-31	31,597
Total employee contributions	2022-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-10-31	27,825
Liquidity shortfalls end of Q1	2022-10-31	0
Liquidity shortfalls end of Q2	2022-10-31	0
Liquidity shortfalls end of Q3	2022-10-31	0
Liquidity shortfalls end of Q4	2022-10-31	0
Unpaid minimum required contributions for all prior years	2022-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-10-31	0
Remaining amount of unpaid minimum required contributions	2022-10-31	0
Minimum required contributions for current year target normal cost	2022-10-31	10,665
Net shortfall amortization installment of oustanding balance	2022-10-31	169,533
Waiver amortization installment	2022-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-10-31	27,926
Carryover balance elected to use to offset funding requirement	2022-10-31	0
Prefunding balance elected to use to offset funding requirement	2022-10-31	101
Additional cash requirement	2022-10-31	27,825
Contributions allocatedtoward minimum required contributions for current year	2022-10-31	27,825
Unpaid minimum required contributions for current year	2022-10-31	0
Unpaid minimum required contributions for all years	2022-10-31	0
2021: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2021 401k membership
Market value of plan assets	2021-10-31	1,622,141
Acturial value of plan assets	2021-10-31	1,681,022
Funding target for retired participants and beneficiaries receiving payment	2021-10-31	1,572,223
Number of terminated vested participants	2021-10-31	13
Fundng target for terminated vested participants	2021-10-31	281,394
Active participant vested funding target	2021-10-31	172,164
Number of active participants	2021-10-31	4
Total funding liabilities for active participants	2021-10-31	172,164
Total participant count	2021-10-31	48
Total funding target for all participants	2021-10-31	2,025,781
Balance at beginning of prior year after applicable adjustments	2021-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-10-31	3,998
Carryover balanced portion elected for use to offset prior years funding requirement	2021-10-31	0
Prefunding balanced used to offset prior years funding requirement	2021-10-31	3,858
Amount remaining of carryover balance	2021-10-31	0
Amount remaining of prefunding balance	2021-10-31	140
Present value of excess contributions	2021-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-10-31	0
Reductions in caryover balances due to elections or deemed elections	2021-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-10-31	0
Balance of carryovers at beginning of current year	2021-10-31	0
Balance of prefunding at beginning of current year	2021-10-31	141
Total employer contributions	2021-10-31	48,823
Total employee contributions	2021-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-10-31	42,809
Liquidity shortfalls end of Q1	2021-10-31	0
Liquidity shortfalls end of Q2	2021-10-31	0
Liquidity shortfalls end of Q3	2021-10-31	0
Liquidity shortfalls end of Q4	2021-10-31	0
Unpaid minimum required contributions for all prior years	2021-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-10-31	0
Remaining amount of unpaid minimum required contributions	2021-10-31	0
Minimum required contributions for current year target normal cost	2021-10-31	10,427
Net shortfall amortization installment of oustanding balance	2021-10-31	344,900
Waiver amortization installment	2021-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-10-31	42,809
Carryover balance elected to use to offset funding requirement	2021-10-31	0
Prefunding balance elected to use to offset funding requirement	2021-10-31	0
Additional cash requirement	2021-10-31	42,809
Contributions allocatedtoward minimum required contributions for current year	2021-10-31	42,809
Unpaid minimum required contributions for current year	2021-10-31	0
Unpaid minimum required contributions for all years	2021-10-31	0
2020: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2020 401k membership
Market value of plan assets	2020-10-31	1,681,086
Acturial value of plan assets	2020-10-31	1,712,824
Funding target for retired participants and beneficiaries receiving payment	2020-10-31	1,540,339
Number of terminated vested participants	2020-10-31	13
Fundng target for terminated vested participants	2020-10-31	272,224
Active participant vested funding target	2020-10-31	284,605
Number of active participants	2020-10-31	5
Total funding liabilities for active participants	2020-10-31	284,605
Total participant count	2020-10-31	48
Total funding target for all participants	2020-10-31	2,097,168
Balance at beginning of prior year after applicable adjustments	2020-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-10-31	3,299
Carryover balanced portion elected for use to offset prior years funding requirement	2020-10-31	0
Prefunding balanced used to offset prior years funding requirement	2020-10-31	0
Amount remaining of carryover balance	2020-10-31	0
Amount remaining of prefunding balance	2020-10-31	3,299
Present value of excess contributions	2020-10-31	480
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-10-31	507
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-10-31	507
Reductions in caryover balances due to elections or deemed elections	2020-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-10-31	0
Balance of carryovers at beginning of current year	2020-10-31	0
Balance of prefunding at beginning of current year	2020-10-31	3,998
Total employer contributions	2020-10-31	101,550
Total employee contributions	2020-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-10-31	92,342
Liquidity shortfalls end of Q1	2020-10-31	0
Liquidity shortfalls end of Q2	2020-10-31	0
Liquidity shortfalls end of Q3	2020-10-31	0
Liquidity shortfalls end of Q4	2020-10-31	0
Unpaid minimum required contributions for all prior years	2020-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-10-31	0
Remaining amount of unpaid minimum required contributions	2020-10-31	0
Minimum required contributions for current year target normal cost	2020-10-31	11,929
Net shortfall amortization installment of oustanding balance	2020-10-31	388,342
Waiver amortization installment	2020-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-10-31	96,200
Carryover balance elected to use to offset funding requirement	2020-10-31	0
Prefunding balance elected to use to offset funding requirement	2020-10-31	3,858
Additional cash requirement	2020-10-31	92,342
Contributions allocatedtoward minimum required contributions for current year	2020-10-31	92,342
Unpaid minimum required contributions for current year	2020-10-31	0
Unpaid minimum required contributions for all years	2020-10-31	0
2019: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2019 401k membership
Market value of plan assets	2019-10-31	1,646,292
Acturial value of plan assets	2019-10-31	1,698,392
Funding target for retired participants and beneficiaries receiving payment	2019-10-31	1,580,255
Number of terminated vested participants	2019-10-31	14
Fundng target for terminated vested participants	2019-10-31	261,448
Active participant vested funding target	2019-10-31	268,640
Number of active participants	2019-10-31	6
Total funding liabilities for active participants	2019-10-31	268,640
Total participant count	2019-10-31	51
Total funding target for all participants	2019-10-31	2,110,343
Balance at beginning of prior year after applicable adjustments	2019-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-10-31	126
Carryover balanced portion elected for use to offset prior years funding requirement	2019-10-31	0
Prefunding balanced used to offset prior years funding requirement	2019-10-31	0
Amount remaining of carryover balance	2019-10-31	0
Amount remaining of prefunding balance	2019-10-31	126
Present value of excess contributions	2019-10-31	2,996
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-10-31	3,172
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-10-31	3,172
Reductions in caryover balances due to elections or deemed elections	2019-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-10-31	0
Balance of carryovers at beginning of current year	2019-10-31	0
Balance of prefunding at beginning of current year	2019-10-31	3,299
Total employer contributions	2019-10-31	115,761
Total employee contributions	2019-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-10-31	105,168
Liquidity shortfalls end of Q1	2019-10-31	0
Liquidity shortfalls end of Q2	2019-10-31	0
Liquidity shortfalls end of Q3	2019-10-31	0
Liquidity shortfalls end of Q4	2019-10-31	0
Unpaid minimum required contributions for all prior years	2019-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-10-31	0
Remaining amount of unpaid minimum required contributions	2019-10-31	0
Minimum required contributions for current year target normal cost	2019-10-31	25,937
Net shortfall amortization installment of oustanding balance	2019-10-31	415,250
Waiver amortization installment	2019-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-10-31	104,688
Carryover balance elected to use to offset funding requirement	2019-10-31	0
Prefunding balance elected to use to offset funding requirement	2019-10-31	0
Additional cash requirement	2019-10-31	104,688
Contributions allocatedtoward minimum required contributions for current year	2019-10-31	105,168
Unpaid minimum required contributions for current year	2019-10-31	0
Unpaid minimum required contributions for all years	2019-10-31	0
2018: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2018 401k membership
Market value of plan assets	2018-10-31	1,782,525
Acturial value of plan assets	2018-10-31	1,801,448
Funding target for retired participants and beneficiaries receiving payment	2018-10-31	1,451,388
Number of terminated vested participants	2018-10-31	21
Fundng target for terminated vested participants	2018-10-31	390,425
Active participant vested funding target	2018-10-31	240,517
Number of active participants	2018-10-31	6
Total funding liabilities for active participants	2018-10-31	240,517
Total participant count	2018-10-31	56
Total funding target for all participants	2018-10-31	2,082,330
Balance at beginning of prior year after applicable adjustments	2018-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-10-31	9
Carryover balanced portion elected for use to offset prior years funding requirement	2018-10-31	0
Prefunding balanced used to offset prior years funding requirement	2018-10-31	0
Amount remaining of carryover balance	2018-10-31	0
Amount remaining of prefunding balance	2018-10-31	9
Present value of excess contributions	2018-10-31	109
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-10-31	116
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-10-31	116
Reductions in caryover balances due to elections or deemed elections	2018-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-10-31	0
Balance of carryovers at beginning of current year	2018-10-31	0
Balance of prefunding at beginning of current year	2018-10-31	126
Total employer contributions	2018-10-31	106,471
Total employee contributions	2018-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-10-31	97,116
Liquidity shortfalls end of Q1	2018-10-31	0
Liquidity shortfalls end of Q2	2018-10-31	0
Liquidity shortfalls end of Q3	2018-10-31	0
Liquidity shortfalls end of Q4	2018-10-31	0
Unpaid minimum required contributions for all prior years	2018-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-10-31	0
Remaining amount of unpaid minimum required contributions	2018-10-31	0
Minimum required contributions for current year target normal cost	2018-10-31	43,377
Net shortfall amortization installment of oustanding balance	2018-10-31	281,008
Waiver amortization installment	2018-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-10-31	94,120
Additional cash requirement	2018-10-31	94,120
Contributions allocatedtoward minimum required contributions for current year	2018-10-31	97,116
Unpaid minimum required contributions for current year	2018-10-31	0
Unpaid minimum required contributions for all years	2018-10-31	0
2017: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2017 401k membership
Market value of plan assets	2017-10-31	1,805,481
Acturial value of plan assets	2017-10-31	1,901,604
Funding target for retired participants and beneficiaries receiving payment	2017-10-31	1,360,569
Number of terminated vested participants	2017-10-31	23
Fundng target for terminated vested participants	2017-10-31	366,772
Active participant vested funding target	2017-10-31	338,575
Number of active participants	2017-10-31	8
Total funding liabilities for active participants	2017-10-31	338,575
Total participant count	2017-10-31	59
Total funding target for all participants	2017-10-31	2,065,916
Balance at beginning of prior year after applicable adjustments	2017-10-31	17,155
Prefunding balance at beginning of prior year after applicable adjustments	2017-10-31	90
Carryover balanced portion elected for use to offset prior years funding requirement	2017-10-31	17,155
Prefunding balanced used to offset prior years funding requirement	2017-10-31	81
Amount remaining of carryover balance	2017-10-31	0
Amount remaining of prefunding balance	2017-10-31	9
Present value of excess contributions	2017-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-10-31	0
Reductions in caryover balances due to elections or deemed elections	2017-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-10-31	0
Balance of carryovers at beginning of current year	2017-10-31	0
Balance of prefunding at beginning of current year	2017-10-31	9
Total employer contributions	2017-10-31	69,509
Total employee contributions	2017-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-10-31	61,767
Liquidity shortfalls end of Q1	2017-10-31	0
Liquidity shortfalls end of Q2	2017-10-31	0
Liquidity shortfalls end of Q3	2017-10-31	0
Liquidity shortfalls end of Q4	2017-10-31	0
Unpaid minimum required contributions for all prior years	2017-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-10-31	0
Remaining amount of unpaid minimum required contributions	2017-10-31	0
Minimum required contributions for current year target normal cost	2017-10-31	33,317
Net shortfall amortization installment of oustanding balance	2017-10-31	164,321
Waiver amortization installment	2017-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-10-31	61,658
Carryover balance elected to use to offset funding requirement	2017-10-31	0
Prefunding balance elected to use to offset funding requirement	2017-10-31	0
Additional cash requirement	2017-10-31	61,658
Contributions allocatedtoward minimum required contributions for current year	2017-10-31	61,767
Unpaid minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for all years	2017-10-31	0

Form 5500 Responses for INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN

2008: INDUSTRIAL RESOURCES, INC. UNION PENSION PLAN 2008 form 5500 responses
2008-11-01	Type of plan entity	Single employer plan
2008-11-01	Submission has been amended	No
2008-11-01	This submission is the final filing	No
2008-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-11-01	Plan is a collectively bargained plan	No

Potentially related plans

Was this data useful?

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

Information Disclaimer

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

See full terms and conditions

Company Name:	INDUSTRIAL RESOURCES, INC.
Employer identification number (EIN):	550579012
NAIC Classification:	332900