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PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN 401k Plan overview

Plan NamePRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN
Plan identification number 003

PRIMARY CARE INTERNAL MEDICINE 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

MANDIP S. ARORA, M.D. has sponsored the creation of one or more 401k plans.

Company Name:MANDIP S. ARORA, M.D.
Employer identification number (EIN):202685988
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032019-01-01MANDIP S. ARORA2020-09-30 MANDIP S. ARORA2020-09-30
0032018-01-01MANDIP S. ARORA2019-10-04 MANDIP S. ARORA2019-10-04
0032017-01-01MANDIP S. ARORA2018-09-18 MANDIP S. ARORA2018-09-18
0032016-01-01MANDIP S. ARORA2017-10-05 MANDIP S. ARORA2017-10-05
0032015-01-01MANDIP S. ARORA2016-09-19 MANDIP S. ARORA2016-09-19
0032014-01-01MANDIP S. ARORA2015-07-09 MANDIP S. ARORA2015-07-09
0032013-01-01MANDIP S. ARORA2014-10-04 MANDIP S. ARORA2014-10-04

Plan Statistics for PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN

401k plan membership statisitcs for PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN

Measure Date Value
2019: PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-311,484,403
Acturial value of plan assets2019-12-311,484,403
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-311,306,422
Number of active participants2019-12-312
Total funding liabilities for active participants2019-12-311,306,422
Total participant count2019-12-312
Total funding target for all participants2019-12-311,306,422
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-310
Present value of excess contributions2019-12-31105,304
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31105,304
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 year2019-12-310
Total employer contributions2019-12-31277,748
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 date2019-12-31268,078
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 cost2019-12-31239,003
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3161,022
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-3161,022
Contributions allocatedtoward minimum required contributions for current year2019-12-31268,078
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-311,048,325
Acturial value of plan assets2018-12-311,048,325
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31990,419
Number of active participants2018-12-312
Total funding liabilities for active participants2018-12-31990,419
Total participant count2018-12-312
Total funding target for all participants2018-12-31990,419
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-310
Present value of excess contributions2018-12-31244,710
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31244,710
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 year2018-12-310
Total employer contributions2018-12-31260,748
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 date2018-12-31251,772
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 cost2018-12-31204,374
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31146,468
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31146,468
Contributions allocatedtoward minimum required contributions for current year2018-12-31251,772
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-31870,685
Acturial value of plan assets2017-12-31870,685
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-31648,085
Number of active participants2017-12-312
Total funding liabilities for active participants2017-12-31648,085
Total participant count2017-12-312
Total funding target for all participants2017-12-31648,085
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 balance2017-12-310
Present value of excess contributions2017-12-31205,955
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31205,955
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 year2017-12-310
Total employer contributions2017-12-31256,748
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 date2017-12-31248,354
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 cost2017-12-31226,244
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-313,644
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-313,644
Contributions allocatedtoward minimum required contributions for current year2017-12-31248,354
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: PRIMARY CARE INTERNAL MEDICINE DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-31548,831
Acturial value of plan assets2016-12-31548,831
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-31432,477
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-31432,477
Total participant count2016-12-312
Total funding target for all participants2016-12-31432,477
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
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 balance2016-12-310
Present value of excess contributions2016-12-31128,899
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31128,899
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 year2016-12-310
Total employer contributions2016-12-31253,008
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 date2016-12-31243,881
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 cost2016-12-31154,280
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 balances2016-12-3137,926
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3137,926
Contributions allocatedtoward minimum required contributions for current year2016-12-31243,881
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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