401k Plan data: R. WAYNE CULBERTSON, PC CASH BALANCE PLAN plan

R. WAYNE CULBERTSON, PC CASH BALANCE PLAN 401k Plan overview

Plan Name	R. WAYNE CULBERTSON, PC CASH BALANCE PLAN
Plan identification number	003

R. WAYNE CULBERTSON, PC CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
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

R. WAYNE CULBERTSON, PC has sponsored the creation of one or more 401k plans.

Company Name: R. WAYNE CULBERTSON, PC

Employer identification number (EIN): 621015060

NAIC Classification: 541110
NAIC Description: Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan R. WAYNE CULBERTSON, PC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2018-11-01
003 2017-11-01
003 2016-11-01
003 2015-11-01
003 2014-11-01 R. WAYNE CULBERTSON 2016-07-21
003 2013-11-01

Plan Statistics for R. WAYNE CULBERTSON, PC CASH BALANCE PLAN

401k plan membership statisitcs for R. WAYNE CULBERTSON, PC CASH BALANCE PLAN

Measure Date Value
2018: R. WAYNE CULBERTSON, PC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-10-31 626,747
Acturial value of plan assets 2018-10-31 626,747
Funding target for retired participants and beneficiaries receiving payment 2018-10-31 0
Number of terminated vested participants 2018-10-31 0
Fundng target for terminated vested participants 2018-10-31 0
Active participant vested funding target 2018-10-31 619,428
Number of active participants 2018-10-31 2
Total funding liabilities for active participants 2018-10-31 619,428
Total participant count 2018-10-31 2
Total funding target for all participants 2018-10-31 619,428
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 0
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 0
Present value of excess contributions 2018-10-31 134,605
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-10-31 140,689
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-10-31 0
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 0
Total employer contributions 2018-10-31 0
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 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 0
Net shortfall amortization installment of oustanding balance 2018-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-10-31 0
Additional cash requirement 2018-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-10-31 0
Unpaid minimum required contributions for current year 2018-10-31 0
Unpaid minimum required contributions for all years 2018-10-31 0
2017: R. WAYNE CULBERTSON, PC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-10-31 503,286
Acturial value of plan assets 2017-10-31 503,286
Funding target for retired participants and beneficiaries receiving payment 2017-10-31 0
Number of terminated vested participants 2017-10-31 0
Fundng target for terminated vested participants 2017-10-31 0
Active participant vested funding target 2017-10-31 539,554
Number of active participants 2017-10-31 2
Total funding liabilities for active participants 2017-10-31 539,554
Total participant count 2017-10-31 2
Total funding target for all participants 2017-10-31 539,554
Balance at beginning of prior year after applicable adjustments 2017-10-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-10-31 0
Amount remaining of carryover balance 2017-10-31 0
Amount remaining of prefunding balance 2017-10-31 0
Present value of excess contributions 2017-10-31 44,358
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-10-31 47,002
Balance of carryovers at beginning of current year 2017-10-31 0
Balance of prefunding at beginning of current year 2017-10-31 0
Total employer contributions 2017-10-31 150,000
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 2017-10-31 140,597
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 0
Net shortfall amortization installment of oustanding balance 2017-10-31 36,268
Total funding amount beforereflecting carryover/prefunding balances 2017-10-31 5,992
Additional cash requirement 2017-10-31 5,992
Contributions allocatedtoward minimum required contributions for current year 2017-10-31 140,597
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
2018: R. WAYNE CULBERTSON, PC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-10-31	626,747
Acturial value of plan assets	2018-10-31	626,747
Funding target for retired participants and beneficiaries receiving payment	2018-10-31	0
Number of terminated vested participants	2018-10-31	0
Fundng target for terminated vested participants	2018-10-31	0
Active participant vested funding target	2018-10-31	619,428
Number of active participants	2018-10-31	2
Total funding liabilities for active participants	2018-10-31	619,428
Total participant count	2018-10-31	2
Total funding target for all participants	2018-10-31	619,428
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	0
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	0
Present value of excess contributions	2018-10-31	134,605
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-10-31	140,689
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-10-31	0
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	0
Total employer contributions	2018-10-31	0
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	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	0
Net shortfall amortization installment of oustanding balance	2018-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-10-31	0
Additional cash requirement	2018-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-10-31	0
Unpaid minimum required contributions for current year	2018-10-31	0
Unpaid minimum required contributions for all years	2018-10-31	0
2017: R. WAYNE CULBERTSON, PC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-10-31	503,286
Acturial value of plan assets	2017-10-31	503,286
Funding target for retired participants and beneficiaries receiving payment	2017-10-31	0
Number of terminated vested participants	2017-10-31	0
Fundng target for terminated vested participants	2017-10-31	0
Active participant vested funding target	2017-10-31	539,554
Number of active participants	2017-10-31	2
Total funding liabilities for active participants	2017-10-31	539,554
Total participant count	2017-10-31	2
Total funding target for all participants	2017-10-31	539,554
Balance at beginning of prior year after applicable adjustments	2017-10-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-10-31	0
Amount remaining of carryover balance	2017-10-31	0
Amount remaining of prefunding balance	2017-10-31	0
Present value of excess contributions	2017-10-31	44,358
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-10-31	47,002
Balance of carryovers at beginning of current year	2017-10-31	0
Balance of prefunding at beginning of current year	2017-10-31	0
Total employer contributions	2017-10-31	150,000
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	140,597
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	0
Net shortfall amortization installment of oustanding balance	2017-10-31	36,268
Total funding amount beforereflecting carryover/prefunding balances	2017-10-31	5,992
Additional cash requirement	2017-10-31	5,992
Contributions allocatedtoward minimum required contributions for current year	2017-10-31	140,597
Unpaid minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for all years	2017-10-31	0

Potentially related plans

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Company Name:	R. WAYNE CULBERTSON, PC
Employer identification number (EIN):	621015060
NAIC Classification:	541110
NAIC Description:	Offices of Lawyers

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2018-11-01
003	2017-11-01
003	2016-11-01
003	2015-11-01
003	2014-11-01	R. WAYNE CULBERTSON	2016-07-21
003	2013-11-01