401k Plan data: OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN plan

OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN 401k Plan overview

Plan Name	OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN
Plan identification number	002

OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN Benefits

401k Plan Type

Defined 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).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

OB-GYN ASSOCIATES, LLC has sponsored the creation of one or more 401k plans.

Company Name: OB-GYN ASSOCIATES, LLC

Employer identification number (EIN): 341933852

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01 AYMAN DAHMAN 2018-10-09
002 2017-01-01 AYMAN DAHMAN 2018-10-07
002 2016-01-01 AYMAN DAHMAN 2017-08-09
002 2015-01-01 AYMAN DAHMAN 2016-08-05
002 2014-01-01 AYMAN DAHMAN 2015-10-13
002 2013-01-01 AYMAN DAHMAN 2014-10-13
002 2012-01-01 AYMAN DAHMAN 2013-10-14
002 2011-01-01 AYMAN DAHMAN 2012-10-04
002 2010-01-01 AYMAN DAHMAN 2011-10-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2018-01-01	AYMAN DAHMAN	2018-10-09
002	2017-01-01	AYMAN DAHMAN	2018-10-07
002	2016-01-01	AYMAN DAHMAN	2017-08-09
002	2015-01-01	AYMAN DAHMAN	2016-08-05
002	2014-01-01	AYMAN DAHMAN	2015-10-13
002	2013-01-01	AYMAN DAHMAN	2014-10-13
002	2012-01-01	AYMAN DAHMAN	2013-10-14
002	2011-01-01	AYMAN DAHMAN	2012-10-04
002	2010-01-01	AYMAN DAHMAN	2011-10-06

Plan Statistics for OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN

401k plan membership statisitcs for OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN

Measure Date Value
2017: OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,308,763
Acturial value of plan assets 2017-12-31 1,308,763
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 3,786
Active participant vested funding target 2017-12-31 1,222,577
Number of active participants 2017-12-31 26
Total funding liabilities for active participants 2017-12-31 1,234,058
Total participant count 2017-12-31 27
Total funding target for all participants 2017-12-31 1,237,844
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 112,589
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 119,288
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 139,500
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 133,592
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 7,575
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 133,592
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,181,850
Acturial value of plan assets 2016-12-31 1,181,850
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 1
Fundng target for terminated vested participants 2016-12-31 3,414
Active participant vested funding target 2016-12-31 1,200,292
Number of active participants 2016-12-31 26
Total funding liabilities for active participants 2016-12-31 1,209,968
Total participant count 2016-12-31 27
Total funding target for all participants 2016-12-31 1,213,382
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 13,287
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 13,287
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 125,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 126,418
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 8,040
Net shortfall amortization installment of oustanding balance 2016-12-31 31,532
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 13,829
Additional cash requirement 2016-12-31 13,829
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 126,418
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2017: OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,308,763
Acturial value of plan assets	2017-12-31	1,308,763
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	3,786
Active participant vested funding target	2017-12-31	1,222,577
Number of active participants	2017-12-31	26
Total funding liabilities for active participants	2017-12-31	1,234,058
Total participant count	2017-12-31	27
Total funding target for all participants	2017-12-31	1,237,844
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	112,589
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	119,288
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	139,500
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	133,592
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	7,575
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	133,592
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: OB-GYN ASSOCIATES, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,181,850
Acturial value of plan assets	2016-12-31	1,181,850
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	1
Fundng target for terminated vested participants	2016-12-31	3,414
Active participant vested funding target	2016-12-31	1,200,292
Number of active participants	2016-12-31	26
Total funding liabilities for active participants	2016-12-31	1,209,968
Total participant count	2016-12-31	27
Total funding target for all participants	2016-12-31	1,213,382
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	13,287
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	13,287
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	125,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	126,418
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	8,040
Net shortfall amortization installment of oustanding balance	2016-12-31	31,532
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	13,829
Additional cash requirement	2016-12-31	13,829
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	126,418
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	OB-GYN ASSOCIATES, LLC
Employer identification number (EIN):	341933852
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)