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HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 401k Plan overview

Plan NameHEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN
Plan identification number 003

HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • 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

JAC TRADING CO., LTD.. has sponsored the creation of one or more 401k plans.

Company Name:JAC TRADING CO., LTD..
Employer identification number (EIN):943184110
NAIC Classification:445299
NAIC Description:All Other Specialty Food Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01PAUL WEISMANN2023-04-28 PAUL WEISMANN2023-04-28
0032021-01-01PAUL WEISMANN2022-10-11 PAUL WEISMANN2022-10-11
0032020-01-01PAUL WEISMANN2021-10-12 PAUL WEISMANN2021-10-12
0032019-01-01PAUL WEISMANN2020-10-13 PAUL WEISMANN2020-10-13
0032018-01-01PAUL WEISMANN2019-10-14 PAUL WEISMANN2019-10-14
0032017-01-01PAUL WEISMANN2018-10-12 PAUL WEISMANN2018-10-12
0032016-01-01PAUL WEISMANN2017-10-11 PAUL WEISMANN2017-10-11

Plan Statistics for HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN

401k plan membership statisitcs for HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN

Measure Date Value
2022: HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-09-081,630,344
Acturial value of plan assets2022-09-081,630,344
Funding target for retired participants and beneficiaries receiving payment2022-09-080
Number of terminated vested participants2022-09-080
Fundng target for terminated vested participants2022-09-080
Active participant vested funding target2022-09-081,870,448
Number of active participants2022-09-084
Total funding liabilities for active participants2022-09-081,870,448
Total participant count2022-09-084
Total funding target for all participants2022-09-081,870,448
Balance at beginning of prior year after applicable adjustments2022-09-080
Prefunding balance at beginning of prior year after applicable adjustments2022-09-080
Carryover balanced portion elected for use to offset prior years funding requirement2022-09-080
Prefunding balanced used to offset prior years funding requirement2022-09-080
Amount remaining of carryover balance2022-09-080
Amount remaining of prefunding balance2022-09-080
Present value of excess contributions2022-09-080
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-09-080
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-09-080
Reductions in caryover balances due to elections or deemed elections2022-09-080
Reductions in prefunding balances due to elections or deemed elections2022-09-080
Balance of carryovers at beginning of current year2022-09-080
Balance of prefunding at beginning of current year2022-09-080
Total employer contributions2022-09-08663,140
Total employee contributions2022-09-080
Contributions allocated toward unpaid minimum require contributions from prior years2022-09-080
Contributions made to avoid restrictions adjusted to valuation date2022-09-080
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-09-08657,237
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-09-080
Remaining amount of unpaid minimum required contributions2022-09-080
Minimum required contributions for current year target normal cost2022-09-089,539
Net shortfall amortization installment of oustanding balance2022-09-08110,184
Total funding amount beforereflecting carryover/prefunding balances2022-09-0814,630
Carryover balance elected to use to offset funding requirement2022-09-080
Prefunding balance elected to use to offset funding requirement2022-09-080
Additional cash requirement2022-09-0814,630
Contributions allocatedtoward minimum required contributions for current year2022-09-08657,237
Unpaid minimum required contributions for current year2022-09-080
Unpaid minimum required contributions for all years2022-09-080
2021: HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-311,863,355
Acturial value of plan assets2021-12-311,863,355
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-311,539,632
Number of active participants2021-12-314
Total funding liabilities for active participants2021-12-311,539,632
Total participant count2021-12-314
Total funding target for all participants2021-12-311,539,632
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31283,711
Net shortfall amortization installment of oustanding balance2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-311,708,730
Acturial value of plan assets2020-12-311,708,730
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-311,185,492
Number of active participants2020-12-314
Total funding liabilities for active participants2020-12-311,185,492
Total participant count2020-12-314
Total funding target for all participants2020-12-311,185,492
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31435,530
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31435,530
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31277,953
Net shortfall amortization installment of oustanding balance2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-31950,833
Acturial value of plan assets2019-12-31950,833
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-31875,156
Number of active participants2019-12-313
Total funding liabilities for active participants2019-12-31875,156
Total participant count2019-12-313
Total funding target for all participants2019-12-31875,156
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31499
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31499
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31618,483
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31613,841
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31253,988
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31178,311
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31178,311
Contributions allocatedtoward minimum required contributions for current year2019-12-31613,841
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-31541,395
Acturial value of plan assets2018-12-31541,395
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31571,362
Number of active participants2018-12-313
Total funding liabilities for active participants2018-12-31573,694
Total participant count2018-12-313
Total funding target for all participants2018-12-31573,694
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-318,123
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-318,123
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31289,987
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31282,194
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31276,422
Net shortfall amortization installment of oustanding balance2018-12-3132,299
Total funding amount beforereflecting carryover/prefunding balances2018-12-31281,695
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31281,695
Contributions allocatedtoward minimum required contributions for current year2018-12-31282,194
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-31278,641
Acturial value of plan assets2017-12-31278,641
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-31277,048
Number of active participants2017-12-313
Total funding liabilities for active participants2017-12-31277,048
Total participant count2017-12-313
Total funding target for all participants2017-12-31277,048
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-312,040
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-312,040
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31280,997
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31277,595
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31271,065
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31269,472
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31269,472
Contributions allocatedtoward minimum required contributions for current year2017-12-31277,595
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: HEALTHY AVOCADO, INC. CASH BALANCE DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-310
Acturial value of plan assets2016-12-310
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-310
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-310
Total participant count2016-12-312
Total funding target for all participants2016-12-310
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31271,437
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31265,249
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31263,209
Net shortfall amortization installment of oustanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31263,209
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31263,209
Contributions allocatedtoward minimum required contributions for current year2016-12-31265,249
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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