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FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 401k Plan overview

Plan NameFAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN
Plan identification number 001

FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

FAMILY MEDICINE CLINIC OF FEDERAL WAY, LLC has sponsored the creation of one or more 401k plans.

Company Name:FAMILY MEDICINE CLINIC OF FEDERAL WAY, LLC
Employer identification number (EIN):161726584
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about FAMILY MEDICINE CLINIC OF FEDERAL WAY, LLC

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 2005-06-16
Company Identification Number: 602513211
Legal Registered Office Address: 34618 11TH PL S # 100

FEDERAL WAY
United States of America (USA)
980030000

More information about FAMILY MEDICINE CLINIC OF FEDERAL WAY, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01VUTHY LENG2023-10-03 VUTHY LENG2023-10-03
0012021-01-01VUTHY LENG2022-10-10 VUTHY LENG2022-10-10
0012020-01-01VUTHY LENG2021-10-04 VUTHY LENG2021-10-04
0012019-01-01VUTHY LENG2020-10-14 VUTHY LENG2020-10-14
0012018-01-01VUTHY LENG2019-10-14 VUTHY LENG2019-10-14
0012017-01-01VUTHY LENG2018-10-05 VUTHY LENG2018-10-05
0012016-01-01VUTHY LENG2017-10-11 VUTHY LENG2017-10-11
0012015-01-01VUTHY LENG2016-07-20 VUTHY LENG2016-07-20
0012014-01-01VUTHY LENG2015-07-10 VUTHY LENG2015-07-10
0012013-01-01VUTHY LENG2014-10-13 VUTHY LENG2014-10-13

Plan Statistics for FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN

401k plan membership statisitcs for FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN

Measure Date Value
2022: FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-12-311,520,399
Acturial value of plan assets2022-12-311,520,399
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-317
Fundng target for terminated vested participants2022-12-3110,809
Active participant vested funding target2022-12-31988,743
Number of active participants2022-12-316
Total funding liabilities for active participants2022-12-31989,538
Total participant count2022-12-3113
Total funding target for all participants2022-12-311,000,347
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31166,053
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31166,053
Present value of excess contributions2022-12-31109,930
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31109,930
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31199,280
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31112,228
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-311,727,927
Acturial value of plan assets2021-12-311,727,927
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-316
Fundng target for terminated vested participants2021-12-314,741
Active participant vested funding target2021-12-31795,300
Number of active participants2021-12-317
Total funding liabilities for active participants2021-12-31795,923
Total participant count2021-12-3113
Total funding target for all participants2021-12-31800,664
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31138,910
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31138,910
Present value of excess contributions2021-12-31128,843
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31128,843
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31166,053
Total employer contributions2021-12-31114,453
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31109,930
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31101,162
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31109,930
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-311,321,772
Acturial value of plan assets2020-12-311,321,772
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-314
Fundng target for terminated vested participants2020-12-312,719
Active participant vested funding target2020-12-31677,815
Number of active participants2020-12-318
Total funding liabilities for active participants2020-12-31678,851
Total participant count2020-12-3112
Total funding target for all participants2020-12-31681,570
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31118,767
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31118,767
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31138,910
Total employer contributions2020-12-31133,884
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31128,843
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3198,776
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-31128,843
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-311,105,729
Acturial value of plan assets2019-12-311,105,729
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-314
Fundng target for terminated vested participants2019-12-312,347
Active participant vested funding target2019-12-31524,294
Number of active participants2019-12-318
Total funding liabilities for active participants2019-12-31524,699
Total participant count2019-12-3112
Total funding target for all participants2019-12-31527,046
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31133,536
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 balance2019-12-31133,536
Present value of excess contributions2019-12-31256,201
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31256,201
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 year2019-12-31118,767
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 date2019-12-310
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 cost2019-12-3189,288
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-31705,757
Acturial value of plan assets2018-12-31705,757
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-311,382
Active participant vested funding target2018-12-31320,234
Number of active participants2018-12-317
Total funding liabilities for active participants2018-12-31320,469
Total participant count2018-12-319
Total funding target for all participants2018-12-31321,851
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31117,944
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 balance2018-12-31117,944
Present value of excess contributions2018-12-31229,380
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31229,380
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 year2018-12-31133,536
Total employer contributions2018-12-31266,979
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 date2018-12-31256,201
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 cost2018-12-31152,218
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-31256,201
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-31535,953
Acturial value of plan assets2017-12-31535,953
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-311
Fundng target for terminated vested participants2017-12-3138
Active participant vested funding target2017-12-31177,991
Number of active participants2017-12-317
Total funding liabilities for active participants2017-12-31222,942
Total participant count2017-12-318
Total funding target for all participants2017-12-31222,980
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31108,845
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31108,845
Present value of excess contributions2017-12-31142,390
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31142,390
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 year2017-12-31117,944
Total employer contributions2017-12-31239,452
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 date2017-12-31229,380
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 cost2017-12-3158,560
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31229,380
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: FAMILY MEDICINE CLINIC OF FEDERAL WAY DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-31331,877
Acturial value of plan assets2016-12-31331,877
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-3133
Active participant vested funding target2016-12-3188,581
Number of active participants2016-12-315
Total funding liabilities for active participants2016-12-31147,888
Total participant count2016-12-316
Total funding target for all participants2016-12-31147,921
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31115,547
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31115,547
Present value of excess contributions2016-12-3176,695
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3176,695
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 year2016-12-31108,845
Total employer contributions2016-12-31143,339
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 date2016-12-31142,390
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
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 cost2016-12-3150,059
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31142,390
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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