401k Plan data: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN plan

MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 401k Plan overview

Plan Name	MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN
Plan identification number	002

MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN Benefits

401k Plan Type

Defined 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).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

DR. MICHAEL J. GROSSMAN, M.D. has sponsored the creation of one or more 401k plans.

Company Name: DR. MICHAEL J. GROSSMAN, M.D.

Employer identification number (EIN): 043461513

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01
002 2022-01-01 MICHAEL J. GROSSMAN 2023-09-03
002 2021-01-01 MICHAEL J. GROSSMAN 2022-10-13
002 2020-01-01 MICHAEL J. GROSSMAN 2021-06-20
002 2019-01-01 MICHAEL J. GROSSMAN 2020-10-13
002 2018-01-01 MICHAEL J. GROSSMAN 2019-05-21
002 2018-01-01 MICHAEL J. GROSSMAN 2020-10-12
002 2017-01-01 MICHAEL J. GROSSMAN 2018-08-13
002 2016-01-01 MICHAEL J. GROSSMAN 2017-06-11
002 2015-01-01 MICHAEL J. GROSSMAN 2016-07-18
002 2014-01-01 MICHAEL J. GROSSMAN 2015-08-17
002 2013-01-01 MICHAEL J. GROSSMAN 2014-06-22
002 2012-01-01 MICHAEL J. GROSSMAN 2013-06-19
002 2011-01-01 MICHAEL J. GROSSMAN 2012-08-27
002 2010-01-01 MICHAEL J. GROSSMAN 2011-08-10

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01
002	2022-01-01	MICHAEL J. GROSSMAN	2023-09-03
002	2021-01-01	MICHAEL J. GROSSMAN	2022-10-13
002	2020-01-01	MICHAEL J. GROSSMAN	2021-06-20
002	2019-01-01	MICHAEL J. GROSSMAN	2020-10-13
002	2018-01-01	MICHAEL J. GROSSMAN	2019-05-21
002	2018-01-01	MICHAEL J. GROSSMAN	2020-10-12
002	2017-01-01	MICHAEL J. GROSSMAN	2018-08-13
002	2016-01-01	MICHAEL J. GROSSMAN	2017-06-11
002	2015-01-01	MICHAEL J. GROSSMAN	2016-07-18
002	2014-01-01	MICHAEL J. GROSSMAN	2015-08-17
002	2013-01-01	MICHAEL J. GROSSMAN	2014-06-22
002	2012-01-01	MICHAEL J. GROSSMAN	2013-06-19
002	2011-01-01	MICHAEL J. GROSSMAN	2012-08-27
002	2010-01-01	MICHAEL J. GROSSMAN	2011-08-10

Plan Statistics for MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN

401k plan membership statisitcs for MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN

Measure Date Value
2025: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-07-08 5
Total number of particpants at end of year 2025-07-08 4
2024: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-09-10 5
Total number of particpants at end of year 2024-09-10 5
2022: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2022 401k membership
Market value of plan assets 2022-12-31 1,450,453
Acturial value of plan assets 2022-12-31 1,450,453
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 1
Fundng target for terminated vested participants 2022-12-31 1,936
Active participant vested funding target 2022-12-31 1,427,795
Number of active participants 2022-12-31 4
Total funding liabilities for active participants 2022-12-31 1,427,795
Total participant count 2022-12-31 5
Total funding target for all participants 2022-12-31 1,429,731
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 828
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 828
Present value of excess contributions 2022-12-31 89,417
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 92,904
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 873
Total employer contributions 2022-12-31 130,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 120,132
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 96,767
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 76,918
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 76,918
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 120,132
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,280,811
Acturial value of plan assets 2021-12-31 1,280,811
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 1
Fundng target for terminated vested participants 2021-12-31 2,415
Active participant vested funding target 2021-12-31 1,305,719
Number of active participants 2021-12-31 4
Total funding liabilities for active participants 2021-12-31 1,305,719
Total participant count 2021-12-31 5
Total funding target for all participants 2021-12-31 1,308,134
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 2,377
Prefunding balanced used to offset prior years funding requirement 2021-12-31 1,588
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 789
Present value of excess contributions 2021-12-31 24
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 25
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 828
Total employer contributions 2021-12-31 101,906
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 95,486
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 0
Net shortfall amortization installment of oustanding balance 2021-12-31 28,151
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 6,069
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 6,069
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 95,486
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets 2020-12-31 1,217,919
Acturial value of plan assets 2020-12-31 1,217,919
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 1,240,375
Number of active participants 2020-12-31 5
Total funding liabilities for active participants 2020-12-31 1,240,375
Total participant count 2020-12-31 5
Total funding target for all participants 2020-12-31 1,240,375
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 3,973
Prefunding balanced used to offset prior years funding requirement 2020-12-31 1,763
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 2,210
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 2,377
Total employer contributions 2020-12-31 3,598
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 3,359
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 24,833
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 4,923
Prefunding balance elected to use to offset funding requirement 2020-12-31 1,588
Additional cash requirement 2020-12-31 3,335
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 3,359
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,013,964
Acturial value of plan assets 2019-12-31 1,013,964
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 0
Fundng target for terminated vested participants 2019-12-31 0
Active participant vested funding target 2019-12-31 1,056,429
Number of active participants 2019-12-31 5
Total funding liabilities for active participants 2019-12-31 1,056,429
Total participant count 2019-12-31 5
Total funding target for all participants 2019-12-31 1,056,429
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 3,421
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 3,421
Present value of excess contributions 2019-12-31 543
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 567
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 567
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 3,973
Total employer contributions 2019-12-31 130,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 122,833
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 117,050
Net shortfall amortization installment of oustanding balance 2019-12-31 46,438
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 124,596
Prefunding balance elected to use to offset funding requirement 2019-12-31 1,763
Additional cash requirement 2019-12-31 122,833
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 122,833
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 903,871
Acturial value of plan assets 2018-12-31 903,871
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 1
Fundng target for terminated vested participants 2018-12-31 670
Active participant vested funding target 2018-12-31 891,654
Number of active participants 2018-12-31 5
Total funding liabilities for active participants 2018-12-31 891,654
Total participant count 2018-12-31 6
Total funding target for all participants 2018-12-31 892,324
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 12,338
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 9,106
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 3,232
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 3,421
Total employer contributions 2018-12-31 115,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 109,107
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 116,690
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 108,564
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 108,564
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 109,107
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 745,763
Acturial value of plan assets 2017-12-31 745,763
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 3
Fundng target for terminated vested participants 2017-12-31 1,689
Active participant vested funding target 2017-12-31 731,736
Number of active participants 2017-12-31 4
Total funding liabilities for active participants 2017-12-31 731,736
Total participant count 2017-12-31 7
Total funding target for all participants 2017-12-31 733,425
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 43,884
Prefunding balanced used to offset prior years funding requirement 2017-12-31 24,525
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 19,359
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 7,625
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 12,338
Total employer contributions 2017-12-31 115,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 106,727
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 115,833
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 115,833
Prefunding balance elected to use to offset funding requirement 2017-12-31 9,106
Additional cash requirement 2017-12-31 106,727
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 106,727
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 630,673
Acturial value of plan assets 2016-12-31 630,673
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 2
Fundng target for terminated vested participants 2016-12-31 978
Active participant vested funding target 2016-12-31 585,672
Number of active participants 2016-12-31 6
Total funding liabilities for active participants 2016-12-31 585,790
Total participant count 2016-12-31 8
Total funding target for all participants 2016-12-31 586,768
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 89,650
Prefunding balanced used to offset prior years funding requirement 2016-12-31 18,679
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 70,971
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 27,144
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 43,884
Total employer contributions 2016-12-31 100,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 90,766
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 115,312
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 115,291
Prefunding balance elected to use to offset funding requirement 2016-12-31 24,525
Additional cash requirement 2016-12-31 90,766
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 90,766
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2025: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-07-08	5
Total number of particpants at end of year	2025-07-08	4
2024: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-09-10	5
Total number of particpants at end of year	2024-09-10	5
2022: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	1,450,453
Acturial value of plan assets	2022-12-31	1,450,453
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	1
Fundng target for terminated vested participants	2022-12-31	1,936
Active participant vested funding target	2022-12-31	1,427,795
Number of active participants	2022-12-31	4
Total funding liabilities for active participants	2022-12-31	1,427,795
Total participant count	2022-12-31	5
Total funding target for all participants	2022-12-31	1,429,731
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	828
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	828
Present value of excess contributions	2022-12-31	89,417
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	92,904
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	873
Total employer contributions	2022-12-31	130,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	120,132
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	96,767
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	76,918
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	76,918
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	120,132
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,280,811
Acturial value of plan assets	2021-12-31	1,280,811
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	1
Fundng target for terminated vested participants	2021-12-31	2,415
Active participant vested funding target	2021-12-31	1,305,719
Number of active participants	2021-12-31	4
Total funding liabilities for active participants	2021-12-31	1,305,719
Total participant count	2021-12-31	5
Total funding target for all participants	2021-12-31	1,308,134
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	2,377
Prefunding balanced used to offset prior years funding requirement	2021-12-31	1,588
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	789
Present value of excess contributions	2021-12-31	24
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	25
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	828
Total employer contributions	2021-12-31	101,906
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	95,486
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	0
Net shortfall amortization installment of oustanding balance	2021-12-31	28,151
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	6,069
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	6,069
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	95,486
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,217,919
Acturial value of plan assets	2020-12-31	1,217,919
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	1,240,375
Number of active participants	2020-12-31	5
Total funding liabilities for active participants	2020-12-31	1,240,375
Total participant count	2020-12-31	5
Total funding target for all participants	2020-12-31	1,240,375
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	3,973
Prefunding balanced used to offset prior years funding requirement	2020-12-31	1,763
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	2,210
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	2,377
Total employer contributions	2020-12-31	3,598
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	3,359
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	24,833
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	4,923
Prefunding balance elected to use to offset funding requirement	2020-12-31	1,588
Additional cash requirement	2020-12-31	3,335
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	3,359
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,013,964
Acturial value of plan assets	2019-12-31	1,013,964
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	1,056,429
Number of active participants	2019-12-31	5
Total funding liabilities for active participants	2019-12-31	1,056,429
Total participant count	2019-12-31	5
Total funding target for all participants	2019-12-31	1,056,429
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	3,421
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	3,421
Present value of excess contributions	2019-12-31	543
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	567
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	567
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	3,973
Total employer contributions	2019-12-31	130,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	122,833
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	117,050
Net shortfall amortization installment of oustanding balance	2019-12-31	46,438
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	124,596
Prefunding balance elected to use to offset funding requirement	2019-12-31	1,763
Additional cash requirement	2019-12-31	122,833
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	122,833
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	903,871
Acturial value of plan assets	2018-12-31	903,871
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	1
Fundng target for terminated vested participants	2018-12-31	670
Active participant vested funding target	2018-12-31	891,654
Number of active participants	2018-12-31	5
Total funding liabilities for active participants	2018-12-31	891,654
Total participant count	2018-12-31	6
Total funding target for all participants	2018-12-31	892,324
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	12,338
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	9,106
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	3,232
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	3,421
Total employer contributions	2018-12-31	115,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	109,107
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	116,690
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	108,564
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	108,564
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	109,107
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	745,763
Acturial value of plan assets	2017-12-31	745,763
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	3
Fundng target for terminated vested participants	2017-12-31	1,689
Active participant vested funding target	2017-12-31	731,736
Number of active participants	2017-12-31	4
Total funding liabilities for active participants	2017-12-31	731,736
Total participant count	2017-12-31	7
Total funding target for all participants	2017-12-31	733,425
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	43,884
Prefunding balanced used to offset prior years funding requirement	2017-12-31	24,525
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	19,359
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	7,625
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	12,338
Total employer contributions	2017-12-31	115,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	106,727
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	115,833
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	115,833
Prefunding balance elected to use to offset funding requirement	2017-12-31	9,106
Additional cash requirement	2017-12-31	106,727
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	106,727
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	630,673
Acturial value of plan assets	2016-12-31	630,673
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	2
Fundng target for terminated vested participants	2016-12-31	978
Active participant vested funding target	2016-12-31	585,672
Number of active participants	2016-12-31	6
Total funding liabilities for active participants	2016-12-31	585,790
Total participant count	2016-12-31	8
Total funding target for all participants	2016-12-31	586,768
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	89,650
Prefunding balanced used to offset prior years funding requirement	2016-12-31	18,679
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	70,971
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	27,144
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	43,884
Total employer contributions	2016-12-31	100,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	90,766
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	115,312
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	115,291
Prefunding balance elected to use to offset funding requirement	2016-12-31	24,525
Additional cash requirement	2016-12-31	90,766
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	90,766
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Financial Data on MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN

Measure	Date	Value
2025 : MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2025 401k financial data
Total liabilities as of the end of the plan year	2025-07-08	0
Total liabilities as of the beginning of the plan year	2025-07-08	0
Total expenses incurred by plan in this plan year	2025-07-08	1925745
Net assets as of the end of the plan year	2025-07-08	33291
Total assets as of the beginning of the plan year	2025-07-08	1880491
Value of plan covered by a fidelity bond	2025-07-08	250000
Other expenses paid from plan in this plan year	2025-07-08	155
Other income to plan in this plan year	2025-07-08	72445
Plan net income in this plan year	2025-07-08	-1847200
Net assets as of the end of the plan year	2025-07-08	33291
Net assets as of the beginning of the plan year	2025-07-08	1880491
Employer contributions to plan in this plan year	2025-07-08	6100
2024 : MICHAEL J. GROSSMAN, M.D. CASH BALANCE PLAN 2024 401k financial data
Total liabilities as of the end of the plan year	2024-09-10	0
Total liabilities as of the beginning of the plan year	2024-09-10	0
Total expenses incurred by plan in this plan year	2024-09-10	0
Net assets as of the end of the plan year	2024-09-10	1880491
Total assets as of the beginning of the plan year	2024-09-10	1517362
Value of plan covered by a fidelity bond	2024-09-10	250000
Other income to plan in this plan year	2024-09-10	113129
Plan net income in this plan year	2024-09-10	363129
Net assets as of the end of the plan year	2024-09-10	1880491
Net assets as of the beginning of the plan year	2024-09-10	1517362
Employer contributions to plan in this plan year	2024-09-10	250000

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Company Name:	DR. MICHAEL J. GROSSMAN, M.D.
Employer identification number (EIN):	043461513
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)