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ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN 401k Plan overview

Plan NameST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN
Plan identification number 002

ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • 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

ST. MARK'S VETERINARY HOSPITAL has sponsored the creation of one or more 401k plans.

Company Name:ST. MARK'S VETERINARY HOSPITAL
Employer identification number (EIN):133384512
NAIC Classification:541940
NAIC Description:Veterinary Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01SARAH HADDOCK, DVM2015-10-13
0022013-01-01SARAH HADDOCK, DVM2014-10-14
0022012-01-01SARAH HADDOCK, DVM2013-10-03
0022011-01-01HARLAN RICHARDSON2012-10-14
0022010-01-01HARLAN RICHARDSON2011-10-15

Plan Statistics for ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN

401k plan membership statisitcs for ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN

Measure Date Value
2019: ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-311,542,086
Acturial value of plan assets2019-12-311,542,086
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-3111
Fundng target for terminated vested participants2019-12-3144,390
Active participant vested funding target2019-12-311,662,869
Number of active participants2019-12-3113
Total funding liabilities for active participants2019-12-311,662,869
Total participant count2019-12-3124
Total funding target for all participants2019-12-311,707,259
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-312,194
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-312,194
Present value of excess contributions2019-12-314
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-314
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-312,111
Total employer contributions2019-12-31165,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31155,103
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-31167,284
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3120,435
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-3120,435
Contributions allocatedtoward minimum required contributions for current year2019-12-31155,103
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-311,465,057
Acturial value of plan assets2018-12-311,465,057
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-318
Fundng target for terminated vested participants2018-12-3125,378
Active participant vested funding target2018-12-311,488,077
Number of active participants2018-12-3113
Total funding liabilities for active participants2018-12-311,489,971
Total participant count2018-12-3121
Total funding target for all participants2018-12-311,515,349
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-312,047
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-312,047
Present value of excess contributions2018-12-314,060
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-314,060
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-312,194
Total employer contributions2018-12-31129,697
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31121,386
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31107,113
Net shortfall amortization installment of oustanding balance2018-12-3152,486
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31121,382
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31121,382
Contributions allocatedtoward minimum required contributions for current year2018-12-31121,386
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-311,370,264
Acturial value of plan assets2017-12-311,370,264
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-318
Fundng target for terminated vested participants2017-12-3124,028
Active participant vested funding target2017-12-311,397,729
Number of active participants2017-12-3113
Total funding liabilities for active participants2017-12-311,397,729
Total participant count2017-12-3121
Total funding target for all participants2017-12-311,421,757
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3118,169
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-3116,169
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-312,000
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-312,047
Total employer contributions2017-12-31107,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31102,077
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3185,347
Net shortfall amortization installment of oustanding balance2017-12-3153,649
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3198,017
Additional cash requirement2017-12-3198,017
Contributions allocatedtoward minimum required contributions for current year2017-12-31102,077
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: ST. MARKS VETERINARY HOSPITAL CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-311,181,904
Acturial value of plan assets2016-12-311,181,904
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-317
Fundng target for terminated vested participants2016-12-3117,890
Active participant vested funding target2016-12-311,249,443
Number of active participants2016-12-3111
Total funding liabilities for active participants2016-12-311,249,443
Total participant count2016-12-3118
Total funding target for all participants2016-12-311,267,333
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3129,765
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-3111,242
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3118,523
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-3118,169
Total employer contributions2016-12-3190,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3185,398
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3183,046
Net shortfall amortization installment of oustanding balance2016-12-31103,598
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31101,872
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-3116,474
Additional cash requirement2016-12-3185,398
Contributions allocatedtoward minimum required contributions for current year2016-12-3185,398
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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