?>
Logo

LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 401k Plan overview

Plan NameLONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN
Plan identification number 003

LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE 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

LONG ISLAND NEUROSCIENCE SPECIALISTS, LLP has sponsored the creation of one or more 401k plans.

Company Name:LONG ISLAND NEUROSCIENCE SPECIALISTS, LLP
Employer identification number (EIN):201480679
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01SUMEER SATHI2023-09-21
0032021-01-01SUMEER SATHI2022-10-10
0032020-01-01SUMEER SATHI2021-09-29
0032019-01-01SUMEER SATHI2020-09-24
0032018-01-01SUMEER SATHI2019-10-02
0032017-01-01SUMEER SATHI2018-09-26
0032016-01-01SUMEER SATHI2017-09-25
0032015-01-01SUMEER SATHI2016-09-27
0032014-01-01SUMEER SATHI2016-01-14
0032014-01-01SUMEER SATHI2015-07-21
0032013-01-01SUMEER SATHI2014-09-30
0032012-01-01SUMEER SATHI2013-08-01
0032011-01-01SUMEER SATHI2012-09-18
0032010-01-01SUMEER SATHI2011-09-20

Plan Statistics for LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN

401k plan membership statisitcs for LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN

Measure Date Value
2022: LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-12-316,969,931
Acturial value of plan assets2022-12-316,969,931
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-315
Fundng target for terminated vested participants2022-12-3116,148
Active participant vested funding target2022-12-316,475,372
Number of active participants2022-12-3118
Total funding liabilities for active participants2022-12-316,475,716
Total participant count2022-12-3123
Total funding target for all participants2022-12-316,491,864
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31951,437
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31951,437
Present value of excess contributions2022-12-3148,393
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3150,711
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-3150,711
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 year2022-12-311,076,931
Total employer contributions2022-12-31457,000
Total employee contributions2022-12-310
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 date2022-12-31422,099
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 cost2022-12-31126,547
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31126,547
Additional cash requirement2022-12-31126,547
Contributions allocatedtoward minimum required contributions for current year2022-12-31422,099
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-316,202,440
Acturial value of plan assets2021-12-316,202,440
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-317
Fundng target for terminated vested participants2021-12-3130,866
Active participant vested funding target2021-12-315,201,849
Number of active participants2021-12-3117
Total funding liabilities for active participants2021-12-315,201,849
Total participant count2021-12-3124
Total funding target for all participants2021-12-315,232,715
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31960,798
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-3161,689
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31899,109
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-31951,437
Total employer contributions2021-12-31309,400
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 date2021-12-31288,160
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 cost2021-12-31258,055
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31239,767
Additional cash requirement2021-12-31239,767
Contributions allocatedtoward minimum required contributions for current year2021-12-31288,160
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-315,678,583
Acturial value of plan assets2020-12-315,678,583
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-312
Fundng target for terminated vested participants2020-12-3112,218
Active participant vested funding target2020-12-314,653,175
Number of active participants2020-12-3120
Total funding liabilities for active participants2020-12-314,655,231
Total participant count2020-12-3122
Total funding target for all participants2020-12-314,667,449
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31941,273
Prefunding balanced used to offset prior years funding requirement2020-12-3195,426
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31845,847
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 year2020-12-31960,798
Total employer contributions2020-12-31200,000
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 date2020-12-31176,072
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 cost2020-12-31287,715
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31237,379
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-3161,307
Additional cash requirement2020-12-31176,072
Contributions allocatedtoward minimum required contributions for current year2020-12-31176,072
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-314,848,475
Acturial value of plan assets2019-12-314,848,475
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-311,632
Active participant vested funding target2019-12-314,185,131
Number of active participants2019-12-3120
Total funding liabilities for active participants2019-12-314,185,131
Total participant count2019-12-3122
Total funding target for all participants2019-12-314,186,763
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31939,691
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31939,691
Present value of excess contributions2019-12-3127,055
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3128,551
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-3128,551
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 year2019-12-31941,273
Total employer contributions2019-12-31200,000
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 date2019-12-31183,274
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 cost2019-12-31233,275
Net shortfall amortization installment of oustanding balance2019-12-31279,561
Total funding amount beforereflecting carryover/prefunding balances2019-12-31278,700
Prefunding balance elected to use to offset funding requirement2019-12-3195,426
Additional cash requirement2019-12-31183,274
Contributions allocatedtoward minimum required contributions for current year2019-12-31183,274
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-314,589,828
Acturial value of plan assets2018-12-314,589,828
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-317
Fundng target for terminated vested participants2018-12-312,725
Active participant vested funding target2018-12-313,625,864
Number of active participants2018-12-3113
Total funding liabilities for active participants2018-12-313,626,145
Total participant count2018-12-3120
Total funding target for all participants2018-12-313,628,870
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31897,942
Prefunding balanced used to offset prior years funding requirement2018-12-3121,528
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31876,414
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
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 year2018-12-31939,691
Total employer contributions2018-12-31396,400
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 date2018-12-31361,901
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 cost2018-12-31356,113
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31334,846
Additional cash requirement2018-12-31334,846
Contributions allocatedtoward minimum required contributions for current year2018-12-31361,901
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-314,048,679
Acturial value of plan assets2017-12-314,048,679
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-314
Fundng target for terminated vested participants2017-12-31868
Active participant vested funding target2017-12-313,149,869
Number of active participants2017-12-3118
Total funding liabilities for active participants2017-12-313,149,869
Total participant count2017-12-3122
Total funding target for all participants2017-12-313,150,737
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31875,554
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-3111,290
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31864,264
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 elections2017-12-3117,314
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31897,942
Total employer contributions2017-12-31259,100
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 date2017-12-31236,768
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 cost2017-12-31258,296
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31258,296
Prefunding balance elected to use to offset funding requirement2017-12-3121,528
Additional cash requirement2017-12-31236,768
Contributions allocatedtoward minimum required contributions for current year2017-12-31236,768
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: LONG ISLAND NEUROSCIENCE SPECIALISTS CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-313,662,449
Acturial value of plan assets2016-12-313,662,449
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-316
Fundng target for terminated vested participants2016-12-3122,548
Active participant vested funding target2016-12-312,764,054
Number of active participants2016-12-3119
Total funding liabilities for active participants2016-12-312,764,347
Total participant count2016-12-3125
Total funding target for all participants2016-12-312,786,895
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31852,588
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 balance2016-12-31852,588
Present value of excess contributions2016-12-3180,574
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3185,497
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3134,987
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 year2016-12-31875,554
Total employer contributions2016-12-31200,000
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 date2016-12-31182,212
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 cost2016-12-31193,502
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 balances2016-12-31193,502
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-3111,290
Additional cash requirement2016-12-31182,212
Contributions allocatedtoward minimum required contributions for current year2016-12-31182,212
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3