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RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 401k Plan overview

Plan NameRICHARD A NEWMAN, DMD, PA RETIREMENT PLAN
Plan identification number 004

RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN Benefits

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

401k Sponsoring company profile

RICHARD A NEWMAN DMD PA has sponsored the creation of one or more 401k plans.

Company Name:RICHARD A NEWMAN DMD PA
Employer identification number (EIN):222327882
NAIC Classification:621210
NAIC Description:Offices of Dentists

Additional information about RICHARD A NEWMAN DMD PA

Jurisdiction of Incorporation: New Jersey Division of Revenue and Enterprise Services
Incorporation Date:
Company Identification Number: 0100126263

More information about RICHARD A NEWMAN DMD PA

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042022-01-01RICHARD NEWMAN2023-09-26
0042021-01-01RICHARD NEWMAN2022-09-27
0042020-01-01RICHARD NEWMAN2021-09-21
0042019-01-01RICHARD NEWMAN2020-10-03
0042018-01-01RICHARD NEWMAN2019-09-28
0042017-01-01RICHARD NEWMAN2018-09-20
0042016-01-01RICHARD NEWMAN2017-09-23
0042015-01-01RICHARD A NEWMAN2016-10-07
0042014-01-01RICHARD A NEWMAN2015-07-25
0042013-01-01RICHARD A NEWMAN2014-09-17
0042012-01-01RICHARD A NEWMAN2013-07-15
0042011-01-01RICHARD A NEWMAN2012-07-20
0042010-01-01RICHARD A NEWMAN2011-08-12

Plan Statistics for RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN

401k plan membership statisitcs for RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN

Measure Date Value
2022: RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 2022 401k membership
Market value of plan assets2022-12-313,386,893
Acturial value of plan assets2022-12-313,386,893
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-314
Fundng target for terminated vested participants2022-12-31184,753
Active participant vested funding target2022-12-312,058,785
Number of active participants2022-12-316
Total funding liabilities for active participants2022-12-312,079,834
Total participant count2022-12-3110
Total funding target for all participants2022-12-312,264,587
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31234,823
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31234,823
Present value of excess contributions2022-12-31128,962
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31136,287
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 year2022-12-31261,006
Total employer contributions2022-12-31105,000
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 date2022-12-3198,540
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 cost2022-12-3127,386
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 year2022-12-3198,540
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 2021 401k membership
Market value of plan assets2021-12-312,925,729
Acturial value of plan assets2021-12-312,925,729
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-314
Fundng target for terminated vested participants2021-12-31169,328
Active participant vested funding target2021-12-311,877,454
Number of active participants2021-12-316
Total funding liabilities for active participants2021-12-311,892,698
Total participant count2021-12-3110
Total funding target for all participants2021-12-312,062,026
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31215,592
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 balance2021-12-31215,592
Present value of excess contributions2021-12-31135,028
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31142,509
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 year2021-12-31234,823
Total employer contributions2021-12-31137,500
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 date2021-12-31128,962
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 cost2021-12-3116,211
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31128,962
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-12-312,556,869
Acturial value of plan assets2020-12-312,556,869
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-314
Fundng target for terminated vested participants2020-12-31163,775
Active participant vested funding target2020-12-311,797,001
Number of active participants2020-12-316
Total funding liabilities for active participants2020-12-311,810,919
Total participant count2020-12-3110
Total funding target for all participants2020-12-311,974,694
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31176,947
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 balance2020-12-31176,947
Present value of excess contributions2020-12-31115,860
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31122,476
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 year2020-12-31215,592
Total employer contributions2020-12-31143,991
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 date2020-12-31135,028
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 cost2020-12-3162,429
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 year2020-12-31135,028
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-311,961,866
Acturial value of plan assets2019-12-311,961,866
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-31149,193
Active participant vested funding target2019-12-311,605,720
Number of active participants2019-12-315
Total funding liabilities for active participants2019-12-311,618,267
Total participant count2019-12-318
Total funding target for all participants2019-12-311,767,460
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31194,276
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 balance2019-12-31194,276
Present value of excess contributions2019-12-31187,690
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31198,745
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 year2019-12-31176,947
Total employer contributions2019-12-31172,777
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 date2019-12-31161,468
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 cost2019-12-3163,067
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3145,608
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-3145,608
Contributions allocatedtoward minimum required contributions for current year2019-12-31161,468
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-311,933,652
Acturial value of plan assets2018-12-311,933,652
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-31136,131
Active participant vested funding target2018-12-311,432,772
Number of active participants2018-12-316
Total funding liabilities for active participants2018-12-311,452,554
Total participant count2018-12-318
Total funding target for all participants2018-12-311,588,685
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31168,730
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 balance2018-12-31168,730
Present value of excess contributions2018-12-31108,632
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31114,944
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 year2018-12-31194,276
Total employer contributions2018-12-31200,000
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 date2018-12-31187,690
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 cost2018-12-3149,935
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 year2018-12-31187,690
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-311,522,357
Acturial value of plan assets2017-12-311,522,357
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-313
Fundng target for terminated vested participants2017-12-31140,460
Active participant vested funding target2017-12-311,299,586
Number of active participants2017-12-315
Total funding liabilities for active participants2017-12-311,312,156
Total participant count2017-12-318
Total funding target for all participants2017-12-311,452,616
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31157,987
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 balance2017-12-31157,987
Present value of excess contributions2017-12-31126,535
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31134,064
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
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 year2017-12-31168,730
Total employer contributions2017-12-31200,000
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 date2017-12-31187,195
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
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 cost2017-12-3138,628
Net shortfall amortization installment of oustanding balance2017-12-31214,591
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3178,563
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-3178,563
Contributions allocatedtoward minimum required contributions for current year2017-12-31187,195
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: RICHARD A NEWMAN, DMD, PA RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-311,357,127
Acturial value of plan assets2016-12-311,357,127
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-314
Fundng target for terminated vested participants2016-12-31231,234
Active participant vested funding target2016-12-311,189,971
Number of active participants2016-12-315
Total funding liabilities for active participants2016-12-311,209,609
Total participant count2016-12-319
Total funding target for all participants2016-12-311,440,843
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31164,125
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 balance2016-12-31164,125
Present value of excess contributions2016-12-31121,564
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31129,016
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 year2016-12-31157,987
Total employer contributions2016-12-31220,000
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 date2016-12-31207,558
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 cost2016-12-3141,088
Net shortfall amortization installment of oustanding balance2016-12-31241,703
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3181,023
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3181,023
Contributions allocatedtoward minimum required contributions for current year2016-12-31207,558
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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