- 11 - CBA Plan was independent of the making of any specific contribution by an employer. The information recorded on Form 5500, Schedule B, for each of the Six Large Plans shows that each of the Six Large Plans had unfunded past service costs and that the actual contributions during the plan year, together with the credit balance in the funding standard account, exceeded the minimum funding requirement for the plan year. Therefore, section 404(a)(1)(A)(iii) was used to calculate the alternative limit for purposes of determining petitioner's entitlement to deduct its contributions to the CBA Plans. For purposes of section 413(b)(7), the applicable limitation of section 404(a)(1)(A)(iii) with respect to contributions to each of the Six Large CBA Plans for the plan year of such CBA Plan that includes the date February 2, 1986, determined on a plan year basis and as if all participants were employed by a single employer, was as follows: Plan Year Ended In Tax Year Deductible Limit Contributions* California Butchers $34,200,292 $23,905,300 N. Cal. Retail Clerks 92,985,762 78,946,374 S. Cal. UFCW 103,283,669 85,955,898 Central States SESW 957,945,930 664,202,000 UFCW M W Pension Plan 21,780,509 20,642,880 Western Conf./Teamsters 567,476,801 478,491,232Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011