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THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN 401k Plan overview

Plan NameTHE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN
Plan identification number 002

THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN Benefits

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

401k Sponsoring company profile

THE HEALTH LAW PARTNERS, P.C. has sponsored the creation of one or more 401k plans.

Company Name:THE HEALTH LAW PARTNERS, P.C.
Employer identification number (EIN):264227540
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Additional information about THE HEALTH LAW PARTNERS, P.C.

Jurisdiction of Incorporation: Michigan Secretary of State
Incorporation Date: 0000-00-00
Company Identification Number: 02046Q
Legal Registered Office Address: NORTHWESTERN HWY. SUITE 200SOUTHFIELD 48034


United States of America (USA)
29566

More information about THE HEALTH LAW PARTNERS, P.C.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-10-01CAREY KALMOWITZ2023-07-07
0022020-10-01CAREY KALMOWITZ2022-04-21
0022019-10-01CAREY KALMOWITZ2021-04-14
0022018-10-01CAREY KALMOWITZ2020-04-29
0022017-10-01CAREY KALMOWITZ2019-02-12
0022016-10-01CAREY KALMOWITZ2018-04-26
0022015-10-01CAREY KALMOWITZ2017-07-11
0022014-10-01CAREY KALMOWITZ2016-07-11
0022013-10-01CAREY KALMOWITZ2015-07-13
0022012-10-01CAREY KALMOWITZ2014-07-15
0022011-10-01CAREY KALMOWITZ2013-07-11
0022010-10-01CAREY KALMOWITZ2012-03-26

Plan Statistics for THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN

Measure Date Value
2022: THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN 2022 401k membership
Market value of plan assets2022-09-301,460,167
Acturial value of plan assets2022-09-301,460,167
Funding target for retired participants and beneficiaries receiving payment2022-09-300
Number of terminated vested participants2022-09-303
Fundng target for terminated vested participants2022-09-3018,214
Active participant vested funding target2022-09-301,481,325
Number of active participants2022-09-3016
Total funding liabilities for active participants2022-09-301,481,325
Total participant count2022-09-3019
Total funding target for all participants2022-09-301,499,539
Balance at beginning of prior year after applicable adjustments2022-09-300
Prefunding balance at beginning of prior year after applicable adjustments2022-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2022-09-300
Prefunding balanced used to offset prior years funding requirement2022-09-300
Amount remaining of carryover balance2022-09-300
Amount remaining of prefunding balance2022-09-300
Present value of excess contributions2022-09-30156,423
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-09-30156,423
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-09-300
Reductions in caryover balances due to elections or deemed elections2022-09-300
Reductions in prefunding balances due to elections or deemed elections2022-09-300
Balance of carryovers at beginning of current year2022-09-300
Balance of prefunding at beginning of current year2022-09-300
Total employer contributions2022-09-30142,091
Total employee contributions2022-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-09-300
Contributions made to avoid restrictions adjusted to valuation date2022-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-09-30144,847
Unpaid minimum required contributions for all prior years2022-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-09-300
Remaining amount of unpaid minimum required contributions2022-09-300
Minimum required contributions for current year target normal cost2022-09-30123,752
Net shortfall amortization installment of oustanding balance2022-09-3039,372
Waiver amortization installment2022-09-300
Total funding amount beforereflecting carryover/prefunding balances2022-09-30127,423
Carryover balance elected to use to offset funding requirement2022-09-300
Prefunding balance elected to use to offset funding requirement2022-09-300
Additional cash requirement2022-09-30127,423
Contributions allocatedtoward minimum required contributions for current year2022-09-30144,847
Unpaid minimum required contributions for current year2022-09-300
Unpaid minimum required contributions for all years2022-09-300
2021: THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN 2021 401k membership
Market value of plan assets2021-09-301,552,422
Acturial value of plan assets2021-09-301,552,422
Funding target for retired participants and beneficiaries receiving payment2021-09-300
Number of terminated vested participants2021-09-304
Fundng target for terminated vested participants2021-09-3024,711
Active participant vested funding target2021-09-301,262,743
Number of active participants2021-09-3014
Total funding liabilities for active participants2021-09-301,262,743
Total participant count2021-09-3018
Total funding target for all participants2021-09-301,287,454
Balance at beginning of prior year after applicable adjustments2021-09-300
Prefunding balance at beginning of prior year after applicable adjustments2021-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2021-09-300
Prefunding balanced used to offset prior years funding requirement2021-09-300
Amount remaining of carryover balance2021-09-300
Amount remaining of prefunding balance2021-09-300
Present value of excess contributions2021-09-30131,578
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-09-30131,578
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-09-300
Reductions in caryover balances due to elections or deemed elections2021-09-300
Reductions in prefunding balances due to elections or deemed elections2021-09-300
Balance of carryovers at beginning of current year2021-09-300
Balance of prefunding at beginning of current year2021-09-300
Total employer contributions2021-09-30153,822
Total employee contributions2021-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2021-09-300
Contributions made to avoid restrictions adjusted to valuation date2021-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-09-30156,423
Unpaid minimum required contributions for all prior years2021-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-09-300
Remaining amount of unpaid minimum required contributions2021-09-300
Minimum required contributions for current year target normal cost2021-09-30120,624
Net shortfall amortization installment of oustanding balance2021-09-300
Waiver amortization installment2021-09-300
Total funding amount beforereflecting carryover/prefunding balances2021-09-300
Carryover balance elected to use to offset funding requirement2021-09-300
Prefunding balance elected to use to offset funding requirement2021-09-300
Additional cash requirement2021-09-300
Contributions allocatedtoward minimum required contributions for current year2021-09-30156,423
Unpaid minimum required contributions for current year2021-09-300
Unpaid minimum required contributions for all years2021-09-300
2020: THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets2020-09-301,247,394
Acturial value of plan assets2020-09-301,247,394
Funding target for retired participants and beneficiaries receiving payment2020-09-300
Number of terminated vested participants2020-09-304
Fundng target for terminated vested participants2020-09-3023,992
Active participant vested funding target2020-09-301,100,566
Number of active participants2020-09-3014
Total funding liabilities for active participants2020-09-301,100,566
Total participant count2020-09-3018
Total funding target for all participants2020-09-301,124,558
Balance at beginning of prior year after applicable adjustments2020-09-300
Prefunding balance at beginning of prior year after applicable adjustments2020-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2020-09-300
Prefunding balanced used to offset prior years funding requirement2020-09-300
Amount remaining of carryover balance2020-09-300
Amount remaining of prefunding balance2020-09-300
Present value of excess contributions2020-09-30114,974
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-09-30114,974
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-09-300
Reductions in caryover balances due to elections or deemed elections2020-09-300
Reductions in prefunding balances due to elections or deemed elections2020-09-300
Balance of carryovers at beginning of current year2020-09-300
Balance of prefunding at beginning of current year2020-09-300
Total employer contributions2020-09-30129,500
Total employee contributions2020-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2020-09-300
Contributions made to avoid restrictions adjusted to valuation date2020-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-09-30131,578
Unpaid minimum required contributions for all prior years2020-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-09-300
Remaining amount of unpaid minimum required contributions2020-09-300
Minimum required contributions for current year target normal cost2020-09-30119,417
Net shortfall amortization installment of oustanding balance2020-09-300
Waiver amortization installment2020-09-300
Total funding amount beforereflecting carryover/prefunding balances2020-09-300
Carryover balance elected to use to offset funding requirement2020-09-300
Prefunding balance elected to use to offset funding requirement2020-09-300
Additional cash requirement2020-09-300
Contributions allocatedtoward minimum required contributions for current year2020-09-30131,578
Unpaid minimum required contributions for current year2020-09-300
Unpaid minimum required contributions for all years2020-09-300
2019: THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets2019-09-301,031,311
Acturial value of plan assets2019-09-301,031,311
Funding target for retired participants and beneficiaries receiving payment2019-09-300
Number of terminated vested participants2019-09-306
Fundng target for terminated vested participants2019-09-3025,586
Active participant vested funding target2019-09-30915,793
Number of active participants2019-09-3012
Total funding liabilities for active participants2019-09-30915,793
Total participant count2019-09-3018
Total funding target for all participants2019-09-30941,379
Balance at beginning of prior year after applicable adjustments2019-09-300
Prefunding balance at beginning of prior year after applicable adjustments2019-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2019-09-300
Prefunding balanced used to offset prior years funding requirement2019-09-300
Amount remaining of carryover balance2019-09-300
Amount remaining of prefunding balance2019-09-300
Present value of excess contributions2019-09-30132,369
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-09-30132,369
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-09-300
Reductions in caryover balances due to elections or deemed elections2019-09-300
Reductions in prefunding balances due to elections or deemed elections2019-09-300
Balance of carryovers at beginning of current year2019-09-300
Balance of prefunding at beginning of current year2019-09-300
Total employer contributions2019-09-30131,453
Total employee contributions2019-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2019-09-300
Contributions made to avoid restrictions adjusted to valuation date2019-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-09-30132,565
Unpaid minimum required contributions for all prior years2019-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-09-300
Remaining amount of unpaid minimum required contributions2019-09-300
Minimum required contributions for current year target normal cost2019-09-30107,523
Net shortfall amortization installment of oustanding balance2019-09-300
Waiver amortization installment2019-09-300
Total funding amount beforereflecting carryover/prefunding balances2019-09-3017,591
Carryover balance elected to use to offset funding requirement2019-09-300
Prefunding balance elected to use to offset funding requirement2019-09-300
Additional cash requirement2019-09-3017,591
Contributions allocatedtoward minimum required contributions for current year2019-09-30132,565
Unpaid minimum required contributions for current year2019-09-300
Unpaid minimum required contributions for all years2019-09-300
2018: THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets2018-09-30896,347
Acturial value of plan assets2018-09-30896,347
Funding target for retired participants and beneficiaries receiving payment2018-09-300
Number of terminated vested participants2018-09-305
Fundng target for terminated vested participants2018-09-3019,423
Active participant vested funding target2018-09-30757,461
Number of active participants2018-09-3015
Total funding liabilities for active participants2018-09-30757,461
Total participant count2018-09-3020
Total funding target for all participants2018-09-30776,884
Balance at beginning of prior year after applicable adjustments2018-09-300
Prefunding balance at beginning of prior year after applicable adjustments2018-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2018-09-300
Prefunding balanced used to offset prior years funding requirement2018-09-300
Amount remaining of carryover balance2018-09-300
Amount remaining of prefunding balance2018-09-300
Present value of excess contributions2018-09-30120,121
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-09-30120,121
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-09-300
Reductions in caryover balances due to elections or deemed elections2018-09-300
Reductions in prefunding balances due to elections or deemed elections2018-09-300
Balance of carryovers at beginning of current year2018-09-300
Balance of prefunding at beginning of current year2018-09-300
Total employer contributions2018-09-30131,753
Total employee contributions2018-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2018-09-300
Contributions made to avoid restrictions adjusted to valuation date2018-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-09-30132,369
Unpaid minimum required contributions for all prior years2018-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-09-300
Remaining amount of unpaid minimum required contributions2018-09-300
Minimum required contributions for current year target normal cost2018-09-30104,766
Net shortfall amortization installment of oustanding balance2018-09-300
Waiver amortization installment2018-09-300
Total funding amount beforereflecting carryover/prefunding balances2018-09-300
Carryover balance elected to use to offset funding requirement2018-09-300
Prefunding balance elected to use to offset funding requirement2018-09-300
Additional cash requirement2018-09-300
Contributions allocatedtoward minimum required contributions for current year2018-09-30132,369
Unpaid minimum required contributions for current year2018-09-300
Unpaid minimum required contributions for all years2018-09-300
2017: THE HEALTH LAW PARTNERS, P.C. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets2017-09-30865,404
Acturial value of plan assets2017-09-30865,404
Funding target for retired participants and beneficiaries receiving payment2017-09-300
Number of terminated vested participants2017-09-307
Fundng target for terminated vested participants2017-09-30124,350
Active participant vested funding target2017-09-30603,082
Number of active participants2017-09-3013
Total funding liabilities for active participants2017-09-30603,082
Total participant count2017-09-3020
Total funding target for all participants2017-09-30727,432
Balance at beginning of prior year after applicable adjustments2017-09-300
Prefunding balance at beginning of prior year after applicable adjustments2017-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2017-09-300
Prefunding balanced used to offset prior years funding requirement2017-09-300
Amount remaining of carryover balance2017-09-300
Amount remaining of prefunding balance2017-09-300
Present value of excess contributions2017-09-30132,672
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-09-30132,672
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-09-300
Reductions in caryover balances due to elections or deemed elections2017-09-300
Reductions in prefunding balances due to elections or deemed elections2017-09-300
Balance of carryovers at beginning of current year2017-09-300
Balance of prefunding at beginning of current year2017-09-300
Total employer contributions2017-09-30126,493
Total employee contributions2017-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2017-09-300
Contributions made to avoid restrictions adjusted to valuation date2017-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-09-30120,121
Unpaid minimum required contributions for all prior years2017-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-09-300
Remaining amount of unpaid minimum required contributions2017-09-300
Minimum required contributions for current year target normal cost2017-09-3097,588
Net shortfall amortization installment of oustanding balance2017-09-300
Waiver amortization installment2017-09-300
Total funding amount beforereflecting carryover/prefunding balances2017-09-300
Carryover balance elected to use to offset funding requirement2017-09-300
Prefunding balance elected to use to offset funding requirement2017-09-300
Additional cash requirement2017-09-300
Contributions allocatedtoward minimum required contributions for current year2017-09-30120,121
Unpaid minimum required contributions for current year2017-09-300
Unpaid minimum required contributions for all years2017-09-300

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