A-C ELECTRIC COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan A-C ELECTRIC COMPANY RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023: A-C ELECTRIC COMPANY RETIREMENT PLAN 2023 401k membership |
|---|
| Market value of plan assets | 2023-02-28 | 8,693,335 |
| Acturial value of plan assets | 2023-02-28 | 8,693,335 |
| Funding target for retired participants and beneficiaries receiving payment | 2023-02-28 | 3,936,313 |
| Number of terminated vested participants | 2023-02-28 | 24 |
| Fundng target for terminated vested participants | 2023-02-28 | 231,197 |
| Active participant vested funding target | 2023-02-28 | 5,519,805 |
| Number of active participants | 2023-02-28 | 74 |
| Total funding liabilities for active participants | 2023-02-28 | 5,602,504 |
| Total participant count | 2023-02-28 | 104 |
| Total funding target for all participants | 2023-02-28 | 9,770,014 |
| Balance at beginning of prior year after applicable adjustments | 2023-02-28 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2023-02-28 | 492,467 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2023-02-28 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2023-02-28 | 0 |
| Amount remaining of carryover balance | 2023-02-28 | 0 |
| Amount remaining of prefunding balance | 2023-02-28 | 492,467 |
| Present value of excess contributions | 2023-02-28 | 1,001,271 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-02-28 | 1,058,243 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-02-28 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2023-02-28 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2023-02-28 | 320,313 |
| Balance of carryovers at beginning of current year | 2023-02-28 | 0 |
| Balance of prefunding at beginning of current year | 2023-02-28 | 180,033 |
| Total employer contributions | 2023-02-28 | 2,000,000 |
| Total employee contributions | 2023-02-28 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2023-02-28 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2023-02-28 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-02-28 | 1,860,836 |
| Liquidity shortfalls end of Q1 | 2023-02-28 | 0 |
| Liquidity shortfalls end of Q2 | 2023-02-28 | 0 |
| Liquidity shortfalls end of Q3 | 2023-02-28 | 0 |
| Liquidity shortfalls end of Q4 | 2023-02-28 | 0 |
| Unpaid minimum required contributions for all prior years | 2023-02-28 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-02-28 | 0 |
| Remaining amount of unpaid minimum required contributions | 2023-02-28 | 0 |
| Minimum required contributions for current year target normal cost | 2023-02-28 | 682,052 |
| Net shortfall amortization installment of oustanding balance | 2023-02-28 | 1,256,712 |
| Waiver amortization installment | 2023-02-28 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2023-02-28 | 803,711 |
| Carryover balance elected to use to offset funding requirement | 2023-02-28 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2023-02-28 | 0 |
| Additional cash requirement | 2023-02-28 | 803,711 |
| Contributions allocatedtoward minimum required contributions for current year | 2023-02-28 | 1,860,836 |
| Unpaid minimum required contributions for current year | 2023-02-28 | 0 |
| Unpaid minimum required contributions for all years | 2023-02-28 | 0 |
| 2022: A-C ELECTRIC COMPANY RETIREMENT PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-03-01 | 103 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-03-01 | 74 |
| Number of retired or separated participants receiving benefits | 2022-03-01 | 9 |
| Number of other retired or separated participants entitled to future benefits | 2022-03-01 | 25 |
| Total of all active and inactive participants | 2022-03-01 | 108 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-03-01 | 0 |
| Total participants | 2022-03-01 | 108 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-03-01 | 4 |
| Market value of plan assets | 2022-02-28 | 9,192,033 |
| Acturial value of plan assets | 2022-02-28 | 9,192,033 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-02-28 | 4,089,850 |
| Number of terminated vested participants | 2022-02-28 | 27 |
| Fundng target for terminated vested participants | 2022-02-28 | 436,492 |
| Active participant vested funding target | 2022-02-28 | 5,427,605 |
| Number of active participants | 2022-02-28 | 78 |
| Total funding liabilities for active participants | 2022-02-28 | 5,473,519 |
| Total participant count | 2022-02-28 | 112 |
| Total funding target for all participants | 2022-02-28 | 9,999,861 |
| Balance at beginning of prior year after applicable adjustments | 2022-02-28 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-02-28 | 8,519 |
| Amount remaining of carryover balance | 2022-02-28 | 0 |
| Amount remaining of prefunding balance | 2022-02-28 | 8,519 |
| Present value of excess contributions | 2022-02-28 | 458,451 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-02-28 | 483,895 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-02-28 | 483,895 |
| Reductions in caryover balances due to elections or deemed elections | 2022-02-28 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-02-28 | 0 |
| Balance of carryovers at beginning of current year | 2022-02-28 | 0 |
| Balance of prefunding at beginning of current year | 2022-02-28 | 492,467 |
| Total employer contributions | 2022-02-28 | 1,750,000 |
| Total employee contributions | 2022-02-28 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-02-28 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-02-28 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-02-28 | 1,636,245 |
| Liquidity shortfalls end of Q1 | 2022-02-28 | 0 |
| Liquidity shortfalls end of Q2 | 2022-02-28 | 0 |
| Liquidity shortfalls end of Q3 | 2022-02-28 | 0 |
| Liquidity shortfalls end of Q4 | 2022-02-28 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-02-28 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-02-28 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-02-28 | 0 |
| Minimum required contributions for current year target normal cost | 2022-02-28 | 513,732 |
| Net shortfall amortization installment of oustanding balance | 2022-02-28 | 1,300,295 |
| Waiver amortization installment | 2022-02-28 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-02-28 | 634,974 |
| Carryover balance elected to use to offset funding requirement | 2022-02-28 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-02-28 | 0 |
| Additional cash requirement | 2022-02-28 | 634,974 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-02-28 | 1,636,245 |
| Unpaid minimum required contributions for current year | 2022-02-28 | 0 |
| Unpaid minimum required contributions for all years | 2022-02-28 | 0 |
| 2021: A-C ELECTRIC COMPANY RETIREMENT PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-03-01 | 111 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-03-01 | 67 |
| Number of retired or separated participants receiving benefits | 2021-03-01 | 6 |
| Number of other retired or separated participants entitled to future benefits | 2021-03-01 | 23 |
| Total of all active and inactive participants | 2021-03-01 | 96 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-03-01 | 0 |
| Total participants | 2021-03-01 | 96 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-03-01 | 7 |
| Market value of plan assets | 2021-02-28 | 8,538,957 |
| Acturial value of plan assets | 2021-02-28 | 8,538,957 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-02-28 | 1,474,499 |
| Number of terminated vested participants | 2021-02-28 | 23 |
| Fundng target for terminated vested participants | 2021-02-28 | 368,861 |
| Active participant vested funding target | 2021-02-28 | 7,872,257 |
| Number of active participants | 2021-02-28 | 93 |
| Total funding liabilities for active participants | 2021-02-28 | 7,956,811 |
| Total participant count | 2021-02-28 | 118 |
| Total funding target for all participants | 2021-02-28 | 9,800,171 |
| Balance at beginning of prior year after applicable adjustments | 2021-02-28 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-02-28 | 8,399 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-02-28 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-02-28 | 0 |
| Amount remaining of carryover balance | 2021-02-28 | 0 |
| Amount remaining of prefunding balance | 2021-02-28 | 8,399 |
| Present value of excess contributions | 2021-02-28 | 7,156 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-02-28 | 7,565 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-02-28 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-02-28 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-02-28 | 0 |
| Balance of carryovers at beginning of current year | 2021-02-28 | 0 |
| Balance of prefunding at beginning of current year | 2021-02-28 | 8,519 |
| Total employer contributions | 2021-02-28 | 1,500,000 |
| Total employee contributions | 2021-02-28 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-02-28 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-02-28 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-02-28 | 1,357,742 |
| Liquidity shortfalls end of Q1 | 2021-02-28 | 0 |
| Liquidity shortfalls end of Q2 | 2021-02-28 | 0 |
| Liquidity shortfalls end of Q3 | 2021-02-28 | 0 |
| Liquidity shortfalls end of Q4 | 2021-02-28 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-02-28 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-02-28 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-02-28 | 0 |
| Minimum required contributions for current year target normal cost | 2021-02-28 | 683,683 |
| Net shortfall amortization installment of oustanding balance | 2021-02-28 | 1,269,733 |
| Waiver amortization installment | 2021-02-28 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-02-28 | 899,291 |
| Additional cash requirement | 2021-02-28 | 899,291 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-02-28 | 1,357,742 |
| Unpaid minimum required contributions for current year | 2021-02-28 | 0 |
| Unpaid minimum required contributions for all years | 2021-02-28 | 0 |
| 2020: A-C ELECTRIC COMPANY RETIREMENT PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-03-01 | 118 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-03-01 | 59 |
| Number of retired or separated participants receiving benefits | 2020-03-01 | 6 |
| Number of other retired or separated participants entitled to future benefits | 2020-03-01 | 26 |
| Total of all active and inactive participants | 2020-03-01 | 91 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-03-01 | 1 |
| Total participants | 2020-03-01 | 92 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-03-01 | 22 |
| Market value of plan assets | 2020-02-29 | 9,270,485 |
| Acturial value of plan assets | 2020-02-29 | 9,270,485 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-02-29 | 1,094,909 |
| Number of terminated vested participants | 2020-02-29 | 31 |
| Fundng target for terminated vested participants | 2020-02-29 | 1,065,642 |
| Active participant vested funding target | 2020-02-29 | 7,468,740 |
| Number of active participants | 2020-02-29 | 99 |
| Total funding liabilities for active participants | 2020-02-29 | 7,515,084 |
| Total participant count | 2020-02-29 | 131 |
| Total funding target for all participants | 2020-02-29 | 9,675,635 |
| Balance at beginning of prior year after applicable adjustments | 2020-02-29 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-02-29 | 8,273 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-02-29 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-02-29 | 0 |
| Amount remaining of carryover balance | 2020-02-29 | 0 |
| Amount remaining of prefunding balance | 2020-02-29 | 8,273 |
| Present value of excess contributions | 2020-02-29 | 3,148 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-02-29 | 3,333 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-02-29 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-02-29 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-02-29 | 0 |
| Balance of carryovers at beginning of current year | 2020-02-29 | 0 |
| Balance of prefunding at beginning of current year | 2020-02-29 | 8,399 |
| Total employer contributions | 2020-02-29 | 907,420 |
| Total employee contributions | 2020-02-29 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-02-29 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-02-29 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-02-29 | 801,919 |
| Liquidity shortfalls end of Q1 | 2020-02-29 | 0 |
| Liquidity shortfalls end of Q2 | 2020-02-29 | 0 |
| Liquidity shortfalls end of Q3 | 2020-02-29 | 0 |
| Liquidity shortfalls end of Q4 | 2020-02-29 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-02-29 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-02-29 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-02-29 | 0 |
| Minimum required contributions for current year target normal cost | 2020-02-29 | 725,931 |
| Net shortfall amortization installment of oustanding balance | 2020-02-29 | 413,549 |
| Waiver amortization installment | 2020-02-29 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-02-29 | 794,763 |
| Carryover balance elected to use to offset funding requirement | 2020-02-29 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-02-29 | 0 |
| Additional cash requirement | 2020-02-29 | 794,763 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-02-29 | 801,919 |
| Unpaid minimum required contributions for current year | 2020-02-29 | 0 |
| Unpaid minimum required contributions for all years | 2020-02-29 | 0 |
| 2019: A-C ELECTRIC COMPANY RETIREMENT PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-03-01 | 131 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-03-01 | 78 |
| Number of retired or separated participants receiving benefits | 2019-03-01 | 2 |
| Number of other retired or separated participants entitled to future benefits | 2019-03-01 | 23 |
| Total of all active and inactive participants | 2019-03-01 | 103 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-03-01 | 0 |
| Total participants | 2019-03-01 | 103 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-03-01 | 19 |
| Market value of plan assets | 2019-02-28 | 8,448,859 |
| Acturial value of plan assets | 2019-02-28 | 8,448,859 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-02-28 | 1,115,870 |
| Number of terminated vested participants | 2019-02-28 | 12 |
| Fundng target for terminated vested participants | 2019-02-28 | 218,075 |
| Active participant vested funding target | 2019-02-28 | 7,147,039 |
| Number of active participants | 2019-02-28 | 105 |
| Total funding liabilities for active participants | 2019-02-28 | 7,190,908 |
| Total participant count | 2019-02-28 | 118 |
| Total funding target for all participants | 2019-02-28 | 8,524,853 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-02-28 | 185,784 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-02-28 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-02-28 | 177,651 |
| Amount remaining of carryover balance | 2019-02-28 | 0 |
| Amount remaining of prefunding balance | 2019-02-28 | 8,133 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-02-28 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-02-28 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2019-02-28 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-02-28 | 0 |
| Balance of carryovers at beginning of current year | 2019-02-28 | 0 |
| Balance of prefunding at beginning of current year | 2019-02-28 | 8,273 |
| Total employer contributions | 2019-02-28 | 834,392 |
| Total employee contributions | 2019-02-28 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-02-28 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-02-28 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-02-28 | 759,769 |
| Unpaid minimum required contributions for all prior years | 2019-02-28 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-02-28 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-02-28 | 0 |
| Minimum required contributions for current year target normal cost | 2019-02-28 | 742,864 |
| Net shortfall amortization installment of oustanding balance | 2019-02-28 | 84,267 |
| Waiver amortization installment | 2019-02-28 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-02-28 | 756,621 |
| Additional cash requirement | 2019-02-28 | 756,621 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-02-28 | 759,769 |
| Unpaid minimum required contributions for current year | 2019-02-28 | 0 |
| Unpaid minimum required contributions for all years | 2019-02-28 | 0 |
| 2018: A-C ELECTRIC COMPANY RETIREMENT PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-02-28 | 7,900,231 |
| Acturial value of plan assets | 2018-02-28 | 7,900,231 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-02-28 | 0 |
| Number of terminated vested participants | 2018-02-28 | 11 |
| Fundng target for terminated vested participants | 2018-02-28 | 250,625 |
| Active participant vested funding target | 2018-02-28 | 7,317,904 |
| Number of active participants | 2018-02-28 | 89 |
| Total funding liabilities for active participants | 2018-02-28 | 7,426,602 |
| Total participant count | 2018-02-28 | 100 |
| Total funding target for all participants | 2018-02-28 | 7,677,227 |
| Balance at beginning of prior year after applicable adjustments | 2018-02-28 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-02-28 | 181,749 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-02-28 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-02-28 | 0 |
| Amount remaining of carryover balance | 2018-02-28 | 0 |
| Amount remaining of prefunding balance | 2018-02-28 | 181,749 |
| Present value of excess contributions | 2018-02-28 | 564,385 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-02-28 | 564,385 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-02-28 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2018-02-28 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-02-28 | 0 |
| Balance of carryovers at beginning of current year | 2018-02-28 | 0 |
| Balance of prefunding at beginning of current year | 2018-02-28 | 185,784 |
| Total employer contributions | 2018-02-28 | 460,528 |
| Total employee contributions | 2018-02-28 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-02-28 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-02-28 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-02-28 | 445,273 |
| Unpaid minimum required contributions for all prior years | 2018-02-28 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-02-28 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-02-28 | 0 |
| Minimum required contributions for current year target normal cost | 2018-02-28 | 653,368 |
| Net shortfall amortization installment of oustanding balance | 2018-02-28 | 0 |
| Waiver amortization installment | 2018-02-28 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-02-28 | 625,084 |
| Prefunding balance elected to use to offset funding requirement | 2018-02-28 | 186,341 |
| Additional cash requirement | 2018-02-28 | 438,743 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-02-28 | 445,273 |
| Unpaid minimum required contributions for current year | 2018-02-28 | 0 |
| Unpaid minimum required contributions for all years | 2018-02-28 | 0 |
| 2017: A-C ELECTRIC COMPANY RETIREMENT PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-02-28 | 7,983,169 |
| Acturial value of plan assets | 2017-02-28 | 7,983,169 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-02-28 | 0 |
| Number of terminated vested participants | 2017-02-28 | 12 |
| Fundng target for terminated vested participants | 2017-02-28 | 279,929 |
| Active participant vested funding target | 2017-02-28 | 7,121,181 |
| Number of active participants | 2017-02-28 | 77 |
| Total funding liabilities for active participants | 2017-02-28 | 7,293,949 |
| Total participant count | 2017-02-28 | 89 |
| Total funding target for all participants | 2017-02-28 | 7,573,878 |
| Balance at beginning of prior year after applicable adjustments | 2017-02-28 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-02-28 | 177,230 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-02-28 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-02-28 | 0 |
| Amount remaining of carryover balance | 2017-02-28 | 0 |
| Amount remaining of prefunding balance | 2017-02-28 | 177,230 |
| Present value of excess contributions | 2017-02-28 | 824,388 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-02-28 | 824,388 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-02-28 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2017-02-28 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-02-28 | 0 |
| Balance of carryovers at beginning of current year | 2017-02-28 | 0 |
| Balance of prefunding at beginning of current year | 2017-02-28 | 181,749 |
| Total employer contributions | 2017-02-28 | 1,050,000 |
| Total employee contributions | 2017-02-28 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-02-28 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-02-28 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-02-28 | 1,018,181 |
| Unpaid minimum required contributions for all prior years | 2017-02-28 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-02-28 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-02-28 | 0 |
| Minimum required contributions for current year target normal cost | 2017-02-28 | 673,159 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-02-28 | 453,796 |
| Additional cash requirement | 2017-02-28 | 453,796 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-02-28 | 1,018,181 |
| Unpaid minimum required contributions for current year | 2017-02-28 | 0 |
| Unpaid minimum required contributions for all years | 2017-02-28 | 0 |
| Measure | Date | Value |
|---|
| 2023 : A-C ELECTRIC COMPANY RETIREMENT PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-02-28 | $-55,440 |
| Total unrealized appreciation/depreciation of assets | 2023-02-28 | $-55,440 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-02-28 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-02-28 | $0 |
| Total income from all sources (including contributions) | 2023-02-28 | $2,121,140 |
| Total loss/gain on sale of assets | 2023-02-28 | $0 |
| Total of all expenses incurred | 2023-02-28 | $598,410 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-02-28 | $574,249 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-02-28 | $2,000,000 |
| Value of total assets at end of year | 2023-02-28 | $10,315,920 |
| Value of total assets at beginning of year | 2023-02-28 | $8,793,190 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-02-28 | $24,161 |
| Total interest from all sources | 2023-02-28 | $170,706 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-02-28 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-02-28 | No |
| Was this plan covered by a fidelity bond | 2023-02-28 | Yes |
| Value of fidelity bond cover | 2023-02-28 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-02-28 | No |
| Assets. Other investments not covered elsewhere at end of year | 2023-02-28 | $157,181 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-02-28 | $160,566 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-02-28 | $37,010 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-02-28 | $61,366 |
| Other income not declared elsewhere | 2023-02-28 | $5,874 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-02-28 | No |
| Value of net income/loss | 2023-02-28 | $1,522,730 |
| Value of net assets at end of year (total assets less liabilities) | 2023-02-28 | $10,315,920 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-02-28 | $8,793,190 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-02-28 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-02-28 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-02-28 | No |
| Investment advisory and management fees | 2023-02-28 | $6,699 |
| Interest earned on other investments | 2023-02-28 | $135,981 |
| Income. Interest from corporate debt instruments | 2023-02-28 | $32,653 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-02-28 | $15,456 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-02-28 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-02-28 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-02-28 | $2,072 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-02-28 | $5,157,885 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-02-28 | $7,423,350 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-02-28 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-02-28 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-02-28 | No |
| Contributions received in cash from employer | 2023-02-28 | $2,000,000 |
| Employer contributions (assets) at end of year | 2023-02-28 | $1,505,597 |
| Employer contributions (assets) at beginning of year | 2023-02-28 | $1,147,908 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-02-28 | $574,249 |
| Asset. Corporate debt instrument debt (other) at end of year | 2023-02-28 | $3,442,791 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2023-02-28 | $0 |
| Contract administrator fees | 2023-02-28 | $17,462 |
| Did the plan have assets held for investment | 2023-02-28 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-02-28 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-02-28 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-02-28 | Unqualified |
| Accountancy firm name | 2023-02-28 | DANIELLS PHILLIPS VAUGHAN & BOCK |
| Accountancy firm EIN | 2023-02-28 | 952972229 |
| 2022 : A-C ELECTRIC COMPANY RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-02-28 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-02-28 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-02-28 | $0 |
| Total income from all sources (including contributions) | 2022-02-28 | $1,873,196 |
| Total loss/gain on sale of assets | 2022-02-28 | $0 |
| Total of all expenses incurred | 2022-02-28 | $2,359,872 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-02-28 | $2,343,078 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-02-28 | $1,750,000 |
| Value of total assets at end of year | 2022-02-28 | $8,793,190 |
| Value of total assets at beginning of year | 2022-02-28 | $9,279,866 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-02-28 | $16,794 |
| Total interest from all sources | 2022-02-28 | $152,914 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-02-28 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-02-28 | No |
| Was this plan covered by a fidelity bond | 2022-02-28 | Yes |
| Value of fidelity bond cover | 2022-02-28 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2022-02-28 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-02-28 | No |
| Assets. Other investments not covered elsewhere at end of year | 2022-02-28 | $160,566 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-02-28 | $173,994 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-02-28 | $61,366 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-02-28 | $41,459 |
| Other income not declared elsewhere | 2022-02-28 | $-29,718 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-02-28 | No |
| Value of net income/loss | 2022-02-28 | $-486,676 |
| Value of net assets at end of year (total assets less liabilities) | 2022-02-28 | $8,793,190 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-02-28 | $9,279,866 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-02-28 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-02-28 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-02-28 | No |
| Interest earned on other investments | 2022-02-28 | $152,914 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-02-28 | $7,423,350 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-02-28 | $7,610,153 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-02-28 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-02-28 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-02-28 | No |
| Contributions received in cash from employer | 2022-02-28 | $1,750,000 |
| Employer contributions (assets) at end of year | 2022-02-28 | $1,147,908 |
| Employer contributions (assets) at beginning of year | 2022-02-28 | $1,454,260 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-02-28 | $2,343,078 |
| Contract administrator fees | 2022-02-28 | $16,794 |
| Did the plan have assets held for investment | 2022-02-28 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-02-28 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-02-28 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-02-28 | Unqualified |
| Accountancy firm name | 2022-02-28 | DANIELLS PHILLIPS VAUGHAN & BOCK |
| Accountancy firm EIN | 2022-02-28 | 952972229 |
| 2021 : A-C ELECTRIC COMPANY RETIREMENT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-02-28 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-02-28 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-02-28 | $0 |
| Total income from all sources (including contributions) | 2021-02-28 | $1,575,231 |
| Total loss/gain on sale of assets | 2021-02-28 | $0 |
| Total of all expenses incurred | 2021-02-28 | $867,981 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-02-28 | $850,847 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-02-28 | $1,500,000 |
| Value of total assets at end of year | 2021-02-28 | $9,279,866 |
| Value of total assets at beginning of year | 2021-02-28 | $8,572,616 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-02-28 | $17,134 |
| Total interest from all sources | 2021-02-28 | $175,370 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-02-28 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-02-28 | No |
| Was this plan covered by a fidelity bond | 2021-02-28 | Yes |
| Value of fidelity bond cover | 2021-02-28 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-02-28 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-02-28 | No |
| Assets. Other investments not covered elsewhere at end of year | 2021-02-28 | $173,994 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-02-28 | $275,518 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-02-28 | $41,459 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-02-28 | $0 |
| Other income not declared elsewhere | 2021-02-28 | $-100,139 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-02-28 | No |
| Value of net income/loss | 2021-02-28 | $707,250 |
| Value of net assets at end of year (total assets less liabilities) | 2021-02-28 | $9,279,866 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-02-28 | $8,572,616 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-02-28 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-02-28 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-02-28 | No |
| Interest earned on other investments | 2021-02-28 | $175,370 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-02-28 | $7,610,153 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-02-28 | $7,389,678 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-02-28 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-02-28 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-02-28 | No |
| Contributions received in cash from employer | 2021-02-28 | $1,500,000 |
| Employer contributions (assets) at end of year | 2021-02-28 | $1,454,260 |
| Employer contributions (assets) at beginning of year | 2021-02-28 | $907,420 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-02-28 | $850,847 |
| Contract administrator fees | 2021-02-28 | $17,134 |
| Did the plan have assets held for investment | 2021-02-28 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-02-28 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-02-28 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-02-28 | Unqualified |
| Accountancy firm name | 2021-02-28 | DANIELLS PHILLIPS VAUGHAN & BOCK |
| Accountancy firm EIN | 2021-02-28 | 952972229 |
| 2020 : A-C ELECTRIC COMPANY RETIREMENT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-02-29 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-02-29 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-02-29 | $0 |
| Total income from all sources (including contributions) | 2020-02-29 | $1,106,727 |
| Total loss/gain on sale of assets | 2020-02-29 | $0 |
| Total of all expenses incurred | 2020-02-29 | $1,834,469 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-02-29 | $1,816,734 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-02-29 | $907,420 |
| Value of total assets at end of year | 2020-02-29 | $8,572,616 |
| Value of total assets at beginning of year | 2020-02-29 | $9,300,358 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-02-29 | $17,735 |
| Total interest from all sources | 2020-02-29 | $187,709 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-02-29 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-02-29 | No |
| Was this plan covered by a fidelity bond | 2020-02-29 | Yes |
| Value of fidelity bond cover | 2020-02-29 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-02-29 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-02-29 | No |
| Assets. Other investments not covered elsewhere at end of year | 2020-02-29 | $275,518 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-02-29 | $346,023 |
| Other income not declared elsewhere | 2020-02-29 | $11,598 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-02-29 | No |
| Value of net income/loss | 2020-02-29 | $-727,742 |
| Value of net assets at end of year (total assets less liabilities) | 2020-02-29 | $8,572,616 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-02-29 | $9,300,358 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-02-29 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-02-29 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-02-29 | No |
| Interest earned on other investments | 2020-02-29 | $187,709 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-02-29 | $7,389,678 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-02-29 | $8,119,943 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-02-29 | $90,986 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-02-29 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-02-29 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-02-29 | No |
| Contributions received in cash from employer | 2020-02-29 | $907,420 |
| Employer contributions (assets) at end of year | 2020-02-29 | $907,420 |
| Employer contributions (assets) at beginning of year | 2020-02-29 | $834,392 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-02-29 | $1,725,748 |
| Contract administrator fees | 2020-02-29 | $17,735 |
| Did the plan have assets held for investment | 2020-02-29 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-02-29 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-02-29 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-02-29 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-02-29 | Unqualified |
| Accountancy firm name | 2020-02-29 | DANIELLS PHILLIPS VAUGHAN & BOCK |
| Accountancy firm EIN | 2020-02-29 | 952972229 |
