Plan Name | GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES |
Plan identification number | 012 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | GENON SERVICES, LLC |
Employer identification number (EIN): | 562368220 |
NAIC Classification: | 221100 |
Additional information about GENON SERVICES, LLC
Jurisdiction of Incorporation: | Texas Secretary of State |
Incorporation Date: | 2003-06-19 |
Company Identification Number: | 0800216506 |
Legal Registered Office Address: |
1360 POST OAK BLVD STE 2000 HOUSTON United States of America (USA) 77056 |
More information about GENON SERVICES, LLC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
012 | 2020-01-01 | DONELDA CONEY | 2021-10-14 | ||
012 | 2019-01-01 | DONELDA CONEY | 2020-10-15 | ||
012 | 2018-12-14 | DONELA CONEY | 2019-10-15 |
Measure | Date | Value |
---|---|---|
2020: GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2020 401k membership | ||
Market value of plan assets | 2020-12-31 | 975,781 |
Acturial value of plan assets | 2020-12-31 | 985,950 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 209,547 |
Number of terminated vested participants | 2020-12-31 | 17 |
Fundng target for terminated vested participants | 2020-12-31 | 187,208 |
Active participant vested funding target | 2020-12-31 | 114,683 |
Number of active participants | 2020-12-31 | 11 |
Total funding liabilities for active participants | 2020-12-31 | 114,683 |
Total participant count | 2020-12-31 | 47 |
Total funding target for all participants | 2020-12-31 | 511,438 |
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 | 239,480 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 252,987 |
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 | 0 |
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 | 0 |
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 | 67,638 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 47 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 0 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 0 |
Total of all active and inactive participants | 2020-01-01 | 0 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 0 |
2019: GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2019 401k membership | ||
Market value of plan assets | 2019-12-31 | 58,621 |
Acturial value of plan assets | 2019-12-31 | 58,621 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 0 |
Number of terminated vested participants | 2019-12-31 | 0 |
Fundng target for terminated vested participants | 2019-12-31 | 0 |
Active participant vested funding target | 2019-12-31 | 22,905 |
Number of active participants | 2019-12-31 | 73 |
Total funding liabilities for active participants | 2019-12-31 | 64,579 |
Total participant count | 2019-12-31 | 73 |
Total funding target for all participants | 2019-12-31 | 64,579 |
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 | 57,682 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 57,835 |
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 | 920,198 |
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 | 890,678 |
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 | 650,193 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 5,958 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 651,198 |
Additional cash requirement | 2019-12-31 | 651,198 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 890,678 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 73 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 11 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 19 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 17 |
Total of all active and inactive participants | 2019-01-01 | 47 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 47 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
2018: GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 0 |
Acturial value of plan assets | 2018-12-31 | 0 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 0 |
Number of terminated vested participants | 2018-12-31 | 0 |
Fundng target for terminated vested participants | 2018-12-31 | 0 |
Active participant vested funding target | 2018-12-31 | 926 |
Number of active participants | 2018-12-31 | 73 |
Total funding liabilities for active participants | 2018-12-31 | 41,151 |
Total participant count | 2018-12-31 | 73 |
Total funding target for all participants | 2018-12-31 | 41,151 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 0 |
Total available prior years excess cotributions available 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 | 61,000 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 58,452 |
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 | 457 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 41,151 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 770 |
Additional cash requirement | 2018-12-31 | 770 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 58,452 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-12-14 | 73 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-12-14 | 73 |
Number of retired or separated participants receiving benefits | 2018-12-14 | 0 |
Number of other retired or separated participants entitled to future benefits | 2018-12-14 | 0 |
Total of all active and inactive participants | 2018-12-14 | 73 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-12-14 | 0 |
Total participants | 2018-12-14 | 73 |
Number of participants with account balances | 2018-12-14 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-12-14 | 0 |
Measure | Date | Value |
---|---|---|
2020 : GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2020 401k financial data | ||
Transfers to/from the plan | 2020-12-31 | $-996,411 |
Total income from all sources | 2020-12-31 | $54,247 |
Expenses. Total of all expenses incurred | 2020-12-31 | $33,617 |
Benefits paid (including direct rollovers) | 2020-12-31 | $29,243 |
Total plan assets at end of year | 2020-12-31 | $0 |
Total plan assets at beginning of year | 2020-12-31 | $975,781 |
Value of fidelity bond covering the plan | 2020-12-31 | $500,000 |
Other income received | 2020-12-31 | $54,247 |
Net income (gross income less expenses) | 2020-12-31 | $20,630 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $0 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $975,781 |
Total contributions received or receivable from employer(s) | 2020-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $4,374 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
2019 : GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2019 401k financial data | ||
Total income from all sources | 2019-12-31 | $927,547 |
Expenses. Total of all expenses incurred | 2019-12-31 | $12,766 |
Benefits paid (including direct rollovers) | 2019-12-31 | $12,766 |
Total plan assets at end of year | 2019-12-31 | $975,781 |
Total plan assets at beginning of year | 2019-12-31 | $61,000 |
Value of fidelity bond covering the plan | 2019-12-31 | $500,000 |
Other income received | 2019-12-31 | $7,349 |
Net income (gross income less expenses) | 2019-12-31 | $914,781 |
Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $975,781 |
Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $61,000 |
Total contributions received or receivable from employer(s) | 2019-12-31 | $920,198 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
2018 : GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2018 401k financial data | ||
Total income from all sources | 2018-12-31 | $61,000 |
Expenses. Total of all expenses incurred | 2018-12-31 | $0 |
Total plan assets at end of year | 2018-12-31 | $61,000 |
Total plan assets at beginning of year | 2018-12-31 | $0 |
Net income (gross income less expenses) | 2018-12-31 | $61,000 |
Net plan assets at end of year (total assets less liabilities) | 2018-12-31 | $61,000 |
Net plan assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2018-12-31 | $61,000 |
2020: GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2020 form 5500 responses | ||
---|---|---|
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | Yes |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Single employer plan |
2019-01-01 | Submission has been amended | No |
2019-01-01 | This submission is the final filing | No |
2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-01-01 | Plan is a collectively bargained plan | No |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |
2018: GENON KEYCON PENSION PLAN FOR BARGAIN EMPLOYEES 2018 form 5500 responses | ||
2018-12-14 | Type of plan entity | Single employer plan |
2018-12-14 | First time form 5500 has been submitted | Yes |
2018-12-14 | Submission has been amended | No |
2018-12-14 | This submission is the final filing | No |
2018-12-14 | This return/report is a short plan year return/report (less than 12 months) | Yes |
2018-12-14 | Plan is a collectively bargained plan | No |
2018-12-14 | Plan funding arrangement – Trust | Yes |
2018-12-14 | Plan benefit arrangement - Trust | Yes |