Plan Name | MAC BROWN EXCAVATING, INC. CASH BALANCE PENSION PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | MAC BROWN EXCAVATING, INC. |
Employer identification number (EIN): | 770129649 |
NAIC Classification: | 237310 |
NAIC Description: | Highway, Street, and Bridge Construction |
Additional information about MAC BROWN EXCAVATING, INC.
Jurisdiction of Incorporation: | California Department of State |
Incorporation Date: | 1986-05-30 |
Company Identification Number: | C1375987 |
Legal Registered Office Address: |
5901 Casitas Pass Rd Ventura United States of America (USA) 93001 |
More information about MAC BROWN EXCAVATING, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2022-06-01 | ||||
002 | 2021-06-01 | ||||
002 | 2020-06-01 | ||||
002 | 2019-06-01 | ||||
002 | 2018-06-01 | DEBORAH BROWN | 2020-02-27 | ||
002 | 2017-06-01 | DEBORAH BROWN | 2018-10-22 |
Measure | Date | Value |
---|---|---|
2023: MAC BROWN EXCAVATING, INC. CASH BALANCE PENSION PLAN 2023 401k membership | ||
Market value of plan assets | 2023-05-31 | 1,749,220 |
Acturial value of plan assets | 2023-05-31 | 1,749,220 |
Funding target for retired participants and beneficiaries receiving payment | 2023-05-31 | 0 |
Number of terminated vested participants | 2023-05-31 | 2 |
Fundng target for terminated vested participants | 2023-05-31 | 4,675 |
Active participant vested funding target | 2023-05-31 | 1,719,948 |
Number of active participants | 2023-05-31 | 17 |
Total funding liabilities for active participants | 2023-05-31 | 1,719,948 |
Total participant count | 2023-05-31 | 19 |
Total funding target for all participants | 2023-05-31 | 1,724,623 |
Balance at beginning of prior year after applicable adjustments | 2023-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-05-31 | 0 |
Amount remaining of carryover balance | 2023-05-31 | 0 |
Amount remaining of prefunding balance | 2023-05-31 | 0 |
Present value of excess contributions | 2023-05-31 | 25,346 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-05-31 | 26,692 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-05-31 | 0 |
Balance of carryovers at beginning of current year | 2023-05-31 | 0 |
Balance of prefunding at beginning of current year | 2023-05-31 | 0 |
Total employer contributions | 2023-05-31 | 0 |
Total employee contributions | 2023-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-05-31 | 0 |
Unpaid minimum required contributions for all prior years | 2023-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2023-05-31 | 0 |
Net shortfall amortization installment of oustanding balance | 2023-05-31 | 0 |
Waiver amortization installment | 2023-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2023-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-05-31 | 0 |
Additional cash requirement | 2023-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2023-05-31 | 0 |
Unpaid minimum required contributions for current year | 2023-05-31 | 0 |
Unpaid minimum required contributions for all years | 2023-05-31 | 0 |
2022: MAC BROWN EXCAVATING, INC. CASH BALANCE PENSION PLAN 2022 401k membership | ||
Market value of plan assets | 2022-05-31 | 1,492,824 |
Acturial value of plan assets | 2022-05-31 | 1,492,824 |
Funding target for retired participants and beneficiaries receiving payment | 2022-05-31 | 0 |
Number of terminated vested participants | 2022-05-31 | 2 |
Fundng target for terminated vested participants | 2022-05-31 | 4,154 |
Active participant vested funding target | 2022-05-31 | 1,417,966 |
Number of active participants | 2022-05-31 | 17 |
Total funding liabilities for active participants | 2022-05-31 | 1,417,966 |
Total participant count | 2022-05-31 | 19 |
Total funding target for all participants | 2022-05-31 | 1,422,120 |
Balance at beginning of prior year after applicable adjustments | 2022-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-05-31 | 0 |
Amount remaining of carryover balance | 2022-05-31 | 0 |
Amount remaining of prefunding balance | 2022-05-31 | 0 |
Present value of excess contributions | 2022-05-31 | 4,509 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-05-31 | 4,753 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-05-31 | 0 |
Balance of carryovers at beginning of current year | 2022-05-31 | 0 |
Balance of prefunding at beginning of current year | 2022-05-31 | 0 |
Total employer contributions | 2022-05-31 | 316,130 |
Total employee contributions | 2022-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-05-31 | 282,951 |
Unpaid minimum required contributions for all prior years | 2022-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-05-31 | 328,309 |
Net shortfall amortization installment of oustanding balance | 2022-05-31 | 0 |
Waiver amortization installment | 2022-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-05-31 | 257,605 |
Carryover balance elected to use to offset funding requirement | 2022-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-05-31 | 0 |
Additional cash requirement | 2022-05-31 | 257,605 |
Contributions allocatedtoward minimum required contributions for current year | 2022-05-31 | 282,951 |
Unpaid minimum required contributions for current year | 2022-05-31 | 0 |
Unpaid minimum required contributions for all years | 2022-05-31 | 0 |
2021: MAC BROWN EXCAVATING, INC. CASH BALANCE PENSION PLAN 2021 401k membership | ||
Market value of plan assets | 2021-05-31 | 1,007,032 |
Acturial value of plan assets | 2021-05-31 | 1,007,032 |
Funding target for retired participants and beneficiaries receiving payment | 2021-05-31 | 0 |
Number of terminated vested participants | 2021-05-31 | 2 |
Fundng target for terminated vested participants | 2021-05-31 | 3,109 |
Active participant vested funding target | 2021-05-31 | 1,034,239 |
Number of active participants | 2021-05-31 | 19 |
Total funding liabilities for active participants | 2021-05-31 | 1,034,239 |
Total participant count | 2021-05-31 | 21 |
Total funding target for all participants | 2021-05-31 | 1,037,348 |
Balance at beginning of prior year after applicable adjustments | 2021-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-05-31 | 0 |
Amount remaining of carryover balance | 2021-05-31 | 0 |
Amount remaining of prefunding balance | 2021-05-31 | 0 |
Present value of excess contributions | 2021-05-31 | 11,596 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-05-31 | 12,169 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-05-31 | 0 |
Balance of carryovers at beginning of current year | 2021-05-31 | 0 |
Balance of prefunding at beginning of current year | 2021-05-31 | 0 |
Total employer contributions | 2021-05-31 | 375,114 |
Total employee contributions | 2021-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-05-31 | 335,423 |
Unpaid minimum required contributions for all prior years | 2021-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-05-31 | 328,068 |
Net shortfall amortization installment of oustanding balance | 2021-05-31 | 30,316 |
Waiver amortization installment | 2021-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-05-31 | 330,914 |
Carryover balance elected to use to offset funding requirement | 2021-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-05-31 | 0 |
Additional cash requirement | 2021-05-31 | 330,914 |
Contributions allocatedtoward minimum required contributions for current year | 2021-05-31 | 335,423 |
Unpaid minimum required contributions for current year | 2021-05-31 | 0 |
Unpaid minimum required contributions for all years | 2021-05-31 | 0 |
2020: MAC BROWN EXCAVATING, INC. CASH BALANCE PENSION PLAN 2020 401k membership | ||
Market value of plan assets | 2020-05-31 | 672,977 |
Acturial value of plan assets | 2020-05-31 | 672,977 |
Funding target for retired participants and beneficiaries receiving payment | 2020-05-31 | 0 |
Number of terminated vested participants | 2020-05-31 | 1 |
Fundng target for terminated vested participants | 2020-05-31 | 656 |
Active participant vested funding target | 2020-05-31 | 674,561 |
Number of active participants | 2020-05-31 | 20 |
Total funding liabilities for active participants | 2020-05-31 | 674,561 |
Total participant count | 2020-05-31 | 21 |
Total funding target for all participants | 2020-05-31 | 675,217 |
Balance at beginning of prior year after applicable adjustments | 2020-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-05-31 | 0 |
Amount remaining of carryover balance | 2020-05-31 | 0 |
Amount remaining of prefunding balance | 2020-05-31 | 0 |
Present value of excess contributions | 2020-05-31 | 102 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-05-31 | 108 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-05-31 | 0 |
Balance of carryovers at beginning of current year | 2020-05-31 | 0 |
Balance of prefunding at beginning of current year | 2020-05-31 | 0 |
Total employer contributions | 2020-05-31 | 340,000 |
Total employee contributions | 2020-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-05-31 | 315,380 |
Unpaid minimum required contributions for all prior years | 2020-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-05-31 | 303,420 |
Net shortfall amortization installment of oustanding balance | 2020-05-31 | 2,240 |
Waiver amortization installment | 2020-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-05-31 | 303,784 |
Carryover balance elected to use to offset funding requirement | 2020-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-05-31 | 0 |
Additional cash requirement | 2020-05-31 | 303,784 |
Contributions allocatedtoward minimum required contributions for current year | 2020-05-31 | 315,380 |
Unpaid minimum required contributions for current year | 2020-05-31 | 0 |
Unpaid minimum required contributions for all years | 2020-05-31 | 0 |
2019: MAC BROWN EXCAVATING, INC. CASH BALANCE PENSION PLAN 2019 401k membership | ||
Market value of plan assets | 2019-05-31 | 363,294 |
Acturial value of plan assets | 2019-05-31 | 363,294 |
Funding target for retired participants and beneficiaries receiving payment | 2019-05-31 | 0 |
Number of terminated vested participants | 2019-05-31 | 1 |
Fundng target for terminated vested participants | 2019-05-31 | 635 |
Active participant vested funding target | 2019-05-31 | 357,772 |
Number of active participants | 2019-05-31 | 20 |
Total funding liabilities for active participants | 2019-05-31 | 357,772 |
Total participant count | 2019-05-31 | 21 |
Total funding target for all participants | 2019-05-31 | 358,407 |
Balance at beginning of prior year after applicable adjustments | 2019-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-05-31 | 0 |
Amount remaining of carryover balance | 2019-05-31 | 0 |
Amount remaining of prefunding balance | 2019-05-31 | 0 |
Present value of excess contributions | 2019-05-31 | 13,364 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-05-31 | 13,364 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-05-31 | 0 |
Balance of carryovers at beginning of current year | 2019-05-31 | 0 |
Balance of prefunding at beginning of current year | 2019-05-31 | 0 |
Total employer contributions | 2019-05-31 | 323,023 |
Total employee contributions | 2019-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-05-31 | 309,633 |
Unpaid minimum required contributions for all prior years | 2019-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-05-31 | 314,418 |
Net shortfall amortization installment of oustanding balance | 2019-05-31 | 0 |
Waiver amortization installment | 2019-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-05-31 | 309,531 |
Carryover balance elected to use to offset funding requirement | 2019-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-05-31 | 0 |
Additional cash requirement | 2019-05-31 | 309,531 |
Contributions allocatedtoward minimum required contributions for current year | 2019-05-31 | 309,633 |
Unpaid minimum required contributions for current year | 2019-05-31 | 0 |
Unpaid minimum required contributions for all years | 2019-05-31 | 0 |
2018: MAC BROWN EXCAVATING, INC. CASH BALANCE PENSION PLAN 2018 401k membership | ||
Market value of plan assets | 2018-05-31 | 0 |
Acturial value of plan assets | 2018-05-31 | 0 |
Funding target for retired participants and beneficiaries receiving payment | 2018-05-31 | 0 |
Number of terminated vested participants | 2018-05-31 | 1 |
Fundng target for terminated vested participants | 2018-05-31 | 0 |
Active participant vested funding target | 2018-05-31 | 0 |
Number of active participants | 2018-05-31 | 20 |
Total funding liabilities for active participants | 2018-05-31 | 0 |
Total participant count | 2018-05-31 | 21 |
Total funding target for all participants | 2018-05-31 | 0 |
Balance at beginning of prior year after applicable adjustments | 2018-05-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-05-31 | 0 |
Amount remaining of carryover balance | 2018-05-31 | 0 |
Amount remaining of prefunding balance | 2018-05-31 | 0 |
Present value of excess contributions | 2018-05-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-05-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-05-31 | 0 |
Balance of carryovers at beginning of current year | 2018-05-31 | 0 |
Balance of prefunding at beginning of current year | 2018-05-31 | 0 |
Total employer contributions | 2018-05-31 | 365,000 |
Total employee contributions | 2018-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-05-31 | 357,229 |
Unpaid minimum required contributions for all prior years | 2018-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-05-31 | 343,865 |
Net shortfall amortization installment of oustanding balance | 2018-05-31 | 0 |
Waiver amortization installment | 2018-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-05-31 | 343,865 |
Additional cash requirement | 2018-05-31 | 343,865 |
Contributions allocatedtoward minimum required contributions for current year | 2018-05-31 | 357,229 |
Unpaid minimum required contributions for current year | 2018-05-31 | 0 |
Unpaid minimum required contributions for all years | 2018-05-31 | 0 |