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RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameRADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN
Plan identification number 003

RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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).
  • 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

RADIOLOGY ASSOCIATES OF ITHACA, P.C. has sponsored the creation of one or more 401k plans.

Company Name:RADIOLOGY ASSOCIATES OF ITHACA, P.C.
Employer identification number (EIN):161147123
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about RADIOLOGY ASSOCIATES OF ITHACA, P.C.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1980-08-01
Company Identification Number: 642895
Legal Registered Office Address: CATHY DEVINEY
1500 AXA TOWER 1, 100 MADISON
SYRACUSE
United States of America (USA)
13202

More information about RADIOLOGY ASSOCIATES OF ITHACA, P.C.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-08-01PETER DVORAK2023-11-01 PETER DVORAK2023-11-01
0032021-08-01KIM HWANG2022-11-16 KIM HWANG2022-11-16
0032020-08-01KIM HWANG2021-12-02 KIM HWANG2021-12-02
0032019-08-01KIM HWANG2020-12-04 KIM HWANG2020-12-04
0032018-08-01KIM HWANG2019-10-23 KIM HWANG2019-10-23
0032017-08-01KIM HWANG2018-10-10 KIM HWANG2018-10-10
0032016-08-01KIM HWANG2017-11-28 KIM HWANG2017-11-28
0032015-08-01KIM HWANG2016-10-17 KIM HWANG2016-10-17
0032014-08-01KIM HWANG2016-01-10 KIM HWANG2016-01-10
0032013-08-01KIM HWANG2014-11-21 KIM HWANG2014-11-21
0032012-08-01KIM HWANG2013-12-03 KIM HWANG2013-12-03
0032011-08-01KIM HWANG2012-11-15 KIM HWANG2012-11-15
0032010-08-01KIM HWANG2012-01-03 KIM HWANG2012-01-03

Plan Statistics for RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN

Measure Date Value
2023: RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 2023 401k membership
Market value of plan assets2023-07-312,075,954
Acturial value of plan assets2023-07-312,075,954
Funding target for retired participants and beneficiaries receiving payment2023-07-310
Number of terminated vested participants2023-07-310
Fundng target for terminated vested participants2023-07-310
Active participant vested funding target2023-07-311,823,739
Number of active participants2023-07-314
Total funding liabilities for active participants2023-07-311,823,739
Total participant count2023-07-314
Total funding target for all participants2023-07-311,823,739
Balance at beginning of prior year after applicable adjustments2023-07-310
Prefunding balance at beginning of prior year after applicable adjustments2023-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2023-07-310
Prefunding balanced used to offset prior years funding requirement2023-07-310
Amount remaining of carryover balance2023-07-310
Amount remaining of prefunding balance2023-07-310
Present value of excess contributions2023-07-31142,685
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-07-31149,976
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-07-310
Reductions in caryover balances due to elections or deemed elections2023-07-310
Reductions in prefunding balances due to elections or deemed elections2023-07-310
Balance of carryovers at beginning of current year2023-07-310
Balance of prefunding at beginning of current year2023-07-310
Total employer contributions2023-07-31200,000
Total employee contributions2023-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2023-07-310
Contributions made to avoid restrictions adjusted to valuation date2023-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-07-31190,578
Unpaid minimum required contributions for all prior years2023-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-07-310
Remaining amount of unpaid minimum required contributions2023-07-310
Minimum required contributions for current year target normal cost2023-07-31187,197
Net shortfall amortization installment of oustanding balance2023-07-310
Waiver amortization installment2023-07-310
Total funding amount beforereflecting carryover/prefunding balances2023-07-310
Additional cash requirement2023-07-310
Contributions allocatedtoward minimum required contributions for current year2023-07-31190,578
Unpaid minimum required contributions for current year2023-07-310
Unpaid minimum required contributions for all years2023-07-310
2022: RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets2022-07-313,097,051
Acturial value of plan assets2022-07-313,097,051
Funding target for retired participants and beneficiaries receiving payment2022-07-310
Number of terminated vested participants2022-07-311
Fundng target for terminated vested participants2022-07-311,087,198
Active participant vested funding target2022-07-311,286,145
Number of active participants2022-07-313
Total funding liabilities for active participants2022-07-311,286,145
Total participant count2022-07-314
Total funding target for all participants2022-07-312,373,343
Balance at beginning of prior year after applicable adjustments2022-07-310
Prefunding balance at beginning of prior year after applicable adjustments2022-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-07-310
Prefunding balanced used to offset prior years funding requirement2022-07-310
Amount remaining of carryover balance2022-07-310
Amount remaining of prefunding balance2022-07-310
Present value of excess contributions2022-07-31142,263
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-07-31149,590
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-07-310
Reductions in caryover balances due to elections or deemed elections2022-07-310
Reductions in prefunding balances due to elections or deemed elections2022-07-310
Balance of carryovers at beginning of current year2022-07-310
Balance of prefunding at beginning of current year2022-07-310
Total employer contributions2022-07-31150,000
Total employee contributions2022-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-07-310
Contributions made to avoid restrictions adjusted to valuation date2022-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-07-31142,685
Unpaid minimum required contributions for all prior years2022-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-07-310
Remaining amount of unpaid minimum required contributions2022-07-310
Minimum required contributions for current year target normal cost2022-07-31106,379
Net shortfall amortization installment of oustanding balance2022-07-310
Waiver amortization installment2022-07-310
Total funding amount beforereflecting carryover/prefunding balances2022-07-310
Additional cash requirement2022-07-310
Contributions allocatedtoward minimum required contributions for current year2022-07-31142,685
Unpaid minimum required contributions for current year2022-07-310
Unpaid minimum required contributions for all years2022-07-310
2021: RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets2021-07-312,468,335
Acturial value of plan assets2021-07-312,468,335
Funding target for retired participants and beneficiaries receiving payment2021-07-310
Number of terminated vested participants2021-07-310
Fundng target for terminated vested participants2021-07-310
Active participant vested funding target2021-07-311,938,971
Number of active participants2021-07-314
Total funding liabilities for active participants2021-07-311,938,971
Total participant count2021-07-314
Total funding target for all participants2021-07-311,938,971
Balance at beginning of prior year after applicable adjustments2021-07-310
Prefunding balance at beginning of prior year after applicable adjustments2021-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-07-310
Prefunding balanced used to offset prior years funding requirement2021-07-310
Amount remaining of carryover balance2021-07-310
Amount remaining of prefunding balance2021-07-310
Present value of excess contributions2021-07-31146,286
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-07-31153,834
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-07-310
Reductions in caryover balances due to elections or deemed elections2021-07-310
Reductions in prefunding balances due to elections or deemed elections2021-07-310
Balance of carryovers at beginning of current year2021-07-310
Balance of prefunding at beginning of current year2021-07-310
Total employer contributions2021-07-31150,000
Total employee contributions2021-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-07-310
Contributions made to avoid restrictions adjusted to valuation date2021-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-07-31142,263
Unpaid minimum required contributions for all prior years2021-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-07-310
Remaining amount of unpaid minimum required contributions2021-07-310
Minimum required contributions for current year target normal cost2021-07-31109,543
Net shortfall amortization installment of oustanding balance2021-07-310
Waiver amortization installment2021-07-310
Total funding amount beforereflecting carryover/prefunding balances2021-07-310
Additional cash requirement2021-07-310
Contributions allocatedtoward minimum required contributions for current year2021-07-31142,263
Unpaid minimum required contributions for current year2021-07-310
Unpaid minimum required contributions for all years2021-07-310
2020: RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets2020-07-312,345,877
Acturial value of plan assets2020-07-312,345,877
Funding target for retired participants and beneficiaries receiving payment2020-07-310
Number of terminated vested participants2020-07-310
Fundng target for terminated vested participants2020-07-310
Active participant vested funding target2020-07-311,823,625
Number of active participants2020-07-314
Total funding liabilities for active participants2020-07-311,823,625
Total participant count2020-07-314
Total funding target for all participants2020-07-311,823,625
Balance at beginning of prior year after applicable adjustments2020-07-310
Prefunding balance at beginning of prior year after applicable adjustments2020-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-07-310
Prefunding balanced used to offset prior years funding requirement2020-07-310
Amount remaining of carryover balance2020-07-310
Amount remaining of prefunding balance2020-07-310
Present value of excess contributions2020-07-31146,737
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-07-31154,177
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-07-310
Reductions in caryover balances due to elections or deemed elections2020-07-310
Reductions in prefunding balances due to elections or deemed elections2020-07-310
Balance of carryovers at beginning of current year2020-07-310
Balance of prefunding at beginning of current year2020-07-310
Total employer contributions2020-07-31154,000
Total employee contributions2020-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-07-310
Contributions made to avoid restrictions adjusted to valuation date2020-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-07-31146,286
Unpaid minimum required contributions for all prior years2020-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-07-310
Remaining amount of unpaid minimum required contributions2020-07-310
Minimum required contributions for current year target normal cost2020-07-31113,584
Net shortfall amortization installment of oustanding balance2020-07-310
Waiver amortization installment2020-07-310
Total funding amount beforereflecting carryover/prefunding balances2020-07-310
Additional cash requirement2020-07-310
Contributions allocatedtoward minimum required contributions for current year2020-07-31146,286
Unpaid minimum required contributions for current year2020-07-310
Unpaid minimum required contributions for all years2020-07-310
2019: RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 2019 401k membership
Market value of plan assets2019-07-312,884,688
Acturial value of plan assets2019-07-312,884,688
Funding target for retired participants and beneficiaries receiving payment2019-07-310
Number of terminated vested participants2019-07-310
Fundng target for terminated vested participants2019-07-310
Active participant vested funding target2019-07-312,422,529
Number of active participants2019-07-315
Total funding liabilities for active participants2019-07-312,422,529
Total participant count2019-07-315
Total funding target for all participants2019-07-312,422,529
Balance at beginning of prior year after applicable adjustments2019-07-310
Prefunding balance at beginning of prior year after applicable adjustments2019-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-07-310
Prefunding balanced used to offset prior years funding requirement2019-07-310
Amount remaining of carryover balance2019-07-310
Amount remaining of prefunding balance2019-07-310
Present value of excess contributions2019-07-31183,423
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-07-31192,833
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-07-310
Reductions in caryover balances due to elections or deemed elections2019-07-310
Reductions in prefunding balances due to elections or deemed elections2019-07-310
Balance of carryovers at beginning of current year2019-07-310
Balance of prefunding at beginning of current year2019-07-310
Total employer contributions2019-07-31154,000
Total employee contributions2019-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-07-310
Contributions made to avoid restrictions adjusted to valuation date2019-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-07-31146,737
Unpaid minimum required contributions for all prior years2019-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-07-310
Remaining amount of unpaid minimum required contributions2019-07-310
Minimum required contributions for current year target normal cost2019-07-31150,544
Net shortfall amortization installment of oustanding balance2019-07-310
Waiver amortization installment2019-07-310
Total funding amount beforereflecting carryover/prefunding balances2019-07-310
Additional cash requirement2019-07-310
Contributions allocatedtoward minimum required contributions for current year2019-07-31146,737
Unpaid minimum required contributions for current year2019-07-310
Unpaid minimum required contributions for all years2019-07-310
2018: RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 2018 401k membership
Market value of plan assets2018-07-312,601,326
Acturial value of plan assets2018-07-312,601,326
Funding target for retired participants and beneficiaries receiving payment2018-07-310
Number of terminated vested participants2018-07-310
Fundng target for terminated vested participants2018-07-310
Active participant vested funding target2018-07-312,118,911
Number of active participants2018-07-314
Total funding liabilities for active participants2018-07-312,118,911
Total participant count2018-07-314
Total funding target for all participants2018-07-312,118,911
Balance at beginning of prior year after applicable adjustments2018-07-310
Prefunding balance at beginning of prior year after applicable adjustments2018-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-07-310
Prefunding balanced used to offset prior years funding requirement2018-07-310
Amount remaining of carryover balance2018-07-310
Amount remaining of prefunding balance2018-07-310
Present value of excess contributions2018-07-31145,885
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-07-31154,025
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-07-310
Reductions in caryover balances due to elections or deemed elections2018-07-310
Reductions in prefunding balances due to elections or deemed elections2018-07-310
Balance of carryovers at beginning of current year2018-07-310
Balance of prefunding at beginning of current year2018-07-310
Total employer contributions2018-07-31192,500
Total employee contributions2018-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-07-310
Contributions made to avoid restrictions adjusted to valuation date2018-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-07-31183,423
Unpaid minimum required contributions for all prior years2018-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-07-310
Remaining amount of unpaid minimum required contributions2018-07-310
Minimum required contributions for current year target normal cost2018-07-31126,074
Net shortfall amortization installment of oustanding balance2018-07-310
Waiver amortization installment2018-07-310
Total funding amount beforereflecting carryover/prefunding balances2018-07-310
Additional cash requirement2018-07-310
Contributions allocatedtoward minimum required contributions for current year2018-07-31183,423
Unpaid minimum required contributions for current year2018-07-310
Unpaid minimum required contributions for all years2018-07-310
2017: RADIOLOGY ASSOCIATES OF ITHACA, P.C. EMPLOYEES' DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-07-312,677,432
Acturial value of plan assets2017-07-312,677,432
Funding target for retired participants and beneficiaries receiving payment2017-07-310
Number of terminated vested participants2017-07-310
Fundng target for terminated vested participants2017-07-310
Active participant vested funding target2017-07-310
Number of active participants2017-07-312,136,718
Total funding liabilities for active participants2017-07-312,136,718
Total participant count2017-07-312,136,718
Total funding target for all participants2017-07-312,136,718
Balance at beginning of prior year after applicable adjustments2017-07-310
Prefunding balance at beginning of prior year after applicable adjustments2017-07-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-07-310
Prefunding balanced used to offset prior years funding requirement2017-07-310
Amount remaining of carryover balance2017-07-310
Amount remaining of prefunding balance2017-07-310
Present value of excess contributions2017-07-31182,115
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-07-31193,188
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-07-310
Reductions in caryover balances due to elections or deemed elections2017-07-310
Reductions in prefunding balances due to elections or deemed elections2017-07-310
Balance of carryovers at beginning of current year2017-07-310
Balance of prefunding at beginning of current year2017-07-310
Total employer contributions2017-07-31154,000
Total employee contributions2017-07-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-07-310
Contributions made to avoid restrictions adjusted to valuation date2017-07-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-07-31145,885
Unpaid minimum required contributions for all prior years2017-07-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-07-310
Remaining amount of unpaid minimum required contributions2017-07-310
Minimum required contributions for current year target normal cost2017-07-31153,462
Net shortfall amortization installment of oustanding balance2017-07-310
Waiver amortization installment2017-07-310
Total funding amount beforereflecting carryover/prefunding balances2017-07-310
Additional cash requirement2017-07-310
Contributions allocatedtoward minimum required contributions for current year2017-07-31145,885
Unpaid minimum required contributions for current year2017-07-310
Unpaid minimum required contributions for all years2017-07-310

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