Plan Name | MARINE INDUSTRIAL PAINT COMPANY, INC. CASH BALANCE PENSION PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | MARINE INDUSTRIAL PAINT COMPANY, INC. |
Employer identification number (EIN): | 591313726 |
NAIC Classification: | 325500 |
Additional information about MARINE INDUSTRIAL PAINT COMPANY, INC.
Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
Incorporation Date: | 1970-12-01 |
Company Identification Number: | 373523 |
Legal Registered Office Address: |
4590 60TH AVENUE NORTH ST. PETERSBURG 33714 |
More information about MARINE INDUSTRIAL PAINT COMPANY, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2019-01-01 | GREG DEININGER | 2019-05-06 | ||
002 | 2018-01-01 | GREG DEININGER | 2019-04-23 | ||
002 | 2017-01-01 | GREG DEININGER | 2018-09-06 | ||
002 | 2016-01-01 | GREG DEININGER | 2017-10-09 | ||
002 | 2015-01-01 | GREG DEININGER | 2016-09-29 | ||
002 | 2014-01-01 | GREG DEININGER | 2015-09-18 | ||
002 | 2013-01-01 | GREG DEININGER | 2014-08-04 | ||
002 | 2012-01-01 | GREG DEININGER | 2013-05-02 |
Measure | Date | Value |
---|---|---|
2018: MARINE INDUSTRIAL PAINT COMPANY, INC. CASH BALANCE PENSION PLAN 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 2,169,021 |
Acturial value of plan assets | 2018-12-31 | 2,169,021 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 0 |
Number of terminated vested participants | 2018-12-31 | 1 |
Fundng target for terminated vested participants | 2018-12-31 | 4,426 |
Active participant vested funding target | 2018-12-31 | 2,121,139 |
Number of active participants | 2018-12-31 | 16 |
Total funding liabilities for active participants | 2018-12-31 | 2,125,031 |
Total participant count | 2018-12-31 | 17 |
Total funding target for all participants | 2018-12-31 | 2,129,457 |
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 |
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 | 95,787 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 100,299 |
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 | 14,786 |
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 | 14,016 |
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 | 0 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 14,016 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
2017: MARINE INDUSTRIAL PAINT COMPANY, INC. CASH BALANCE PENSION PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 1,943,491 |
Acturial value of plan assets | 2017-12-31 | 1,943,491 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 0 |
Number of terminated vested participants | 2017-12-31 | 1 |
Fundng target for terminated vested participants | 2017-12-31 | 4,171 |
Active participant vested funding target | 2017-12-31 | 1,717,261 |
Number of active participants | 2017-12-31 | 16 |
Total funding liabilities for active participants | 2017-12-31 | 1,718,811 |
Total participant count | 2017-12-31 | 17 |
Total funding target for all participants | 2017-12-31 | 1,722,982 |
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 |
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 | 250,825 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 263,166 |
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 | 190,000 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 175,992 |
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 | 300,714 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 80,205 |
Additional cash requirement | 2017-12-31 | 80,205 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 175,992 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
2016: MARINE INDUSTRIAL PAINT COMPANY, INC. CASH BALANCE PENSION PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 1,525,152 |
Acturial value of plan assets | 2016-12-31 | 1,525,152 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 0 |
Number of terminated vested participants | 2016-12-31 | 2 |
Fundng target for terminated vested participants | 2016-12-31 | 5,910 |
Active participant vested funding target | 2016-12-31 | 1,335,804 |
Number of active participants | 2016-12-31 | 14 |
Total funding liabilities for active participants | 2016-12-31 | 1,337,793 |
Total participant count | 2016-12-31 | 16 |
Total funding target for all participants | 2016-12-31 | 1,343,703 |
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 | 83,810 |
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 | 83,810 |
Present value of excess contributions | 2016-12-31 | 113,642 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 119,506 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 85,235 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 0 |
Total employer contributions | 2016-12-31 | 400,000 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 367,749 |
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 | 298,373 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 116,924 |
Additional cash requirement | 2016-12-31 | 116,924 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 367,749 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |