DR. MICHAEL W. NAGY, MD CASH BALANCE PLAN 401k Plan overview

DR. MICHAEL W. NAGY, MD CASH BALANCE PLAN Benefits

401k Sponsoring company profile

Company Name:	DR. MICHAEL W. NAGY, MD
Employer identification number (EIN):	364700618
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
004	2022-01-01	MICHAEL NAGY	2023-10-12
004	2021-01-01	MICHAEL NAGY	2022-10-10
004	2020-01-01	MICHAEL NAGY	2021-05-27
004	2019-01-01	LISA NAGY	2020-06-23

Plan Statistics for DR. MICHAEL W. NAGY, MD CASH BALANCE PLAN

Measure	Date	Value
2022: DR. MICHAEL W. NAGY, MD CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	1,794,751
Acturial value of plan assets	2022-12-31	1,794,751
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	1
Fundng target for terminated vested participants	2022-12-31	1,086
Active participant vested funding target	2022-12-31	1,432,176
Number of active participants	2022-12-31	14
Total funding liabilities for active participants	2022-12-31	1,434,262
Total participant count	2022-12-31	15
Total funding target for all participants	2022-12-31	1,435,348
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	352,212
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	69,491
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	282,721
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	292,588
Total employer contributions	2022-12-31	89,440
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	83,869
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	174,126
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	107,311
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	23,442
Additional cash requirement	2022-12-31	83,869
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	83,869
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: DR. MICHAEL W. NAGY, MD CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,644,906
Acturial value of plan assets	2021-12-31	1,644,906
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	1,271,961
Number of active participants	2021-12-31	15
Total funding liabilities for active participants	2021-12-31	1,272,605
Total participant count	2021-12-31	15
Total funding target for all participants	2021-12-31	1,272,605
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	250,450
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	250,450
Present value of excess contributions	2021-12-31	93,382
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	98,481
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	98,481
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	352,212
Total employer contributions	2021-12-31	90,808
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	89,960
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	179,540
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	159,451
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	69,491
Additional cash requirement	2021-12-31	89,960
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	89,960
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: DR. MICHAEL W. NAGY, MD CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,529,487
Acturial value of plan assets	2020-12-31	1,529,487
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	1
Fundng target for terminated vested participants	2020-12-31	858
Active participant vested funding target	2020-12-31	968,774
Number of active participants	2020-12-31	14
Total funding liabilities for active participants	2020-12-31	968,774
Total participant count	2020-12-31	15
Total funding target for all participants	2020-12-31	969,632
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	237,281
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	250,450
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	250,450
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	250,450
Total employer contributions	2020-12-31	95,665
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	93,382
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	172,774
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	93,382
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: DR. MICHAEL W. NAGY, MD CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,270,491
Acturial value of plan assets	2019-12-31	1,270,491
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	733,245
Number of active participants	2019-12-31	13
Total funding liabilities for active participants	2019-12-31	733,245
Total participant count	2019-12-31	13
Total funding target for all participants	2019-12-31	733,245
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	240,891
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	237,281
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	167,274
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	237,281
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0

Potentially related plans

• DR. MICHAEL S. MALKA, LLC 401(K) PROFIT SHARING PLAN [EIN = 223695072]
• DR. MICHAEL A. BAYLIN, P.A. 401(K) PROFIT SHARING PLAN AND TRUST [EIN = 521162190]
• DR. MICHAEL D. EWERS & ASSOCIATES, LTD. PROFIT SHARING PLAN AND TRUST [EIN = 363008755]
• DR. MICHAEL BECK, DDS 401(K) PLAN [EIN = 421165448]
• DR. MICHAEL KARTER PROFIT SHARING PLAN [EIN = 112753943]
• DR. MICHAEL J. KOKORELIS, INC. 401(K) PROFIT SHARING PLAN [EIN = 541755654]
• DR. MICHAEL A. GENTRY KEOGH PLAN [EIN = 431041679]
• DR. MICHAEL GUIGNON, M.D.,P.C. PROFIT-SHARING PLAN [EIN = 010674421]
• DR. MICHAEL BARAT, MD, INC. 401(K) PROFIT SHARING PLAN [EIN = 341589111]
• DR. MICHAEL ZAHM, P.C. PROFIT SHARING PLAN [EIN = 030294184]
• DR. MICHAEL J. MCDONNELL PROFIT SHARING PLAN [EIN = 480908257]
• DR. MICHAEL T WORONICK, LLC PROFIT SHARING PLAN [EIN = 061118265]
• DR. MICHAEL C KAYSER, DDS PROFIT SHARING PLAN [EIN = 421179908]
• DR. MICHAEL SERGENT, DVM, APC PROFIT SHARING PLAN [EIN = 262741488]
• DR. MICHAEL R. LORIO, DDS PROFIT SHARING PLAN [EIN = 721506142]
• DR. MICHAEL D. EICKMAN, DDS 401(K) PLAN [EIN = 454918754]
• DR. MICHAEL D. ALBRIGHT 401K PROFIT SHARING PLAN [EIN = 481170043]
• DR. MICHAEL BIASIELLO, DDS PROFIT SHARING PLAN [EIN = 363424197]
• DR. MICHAEL J RAMOS DDS EMPLOYEES RETIREMENT PLAN [EIN = 460786222]
• DR. MICHAEL M. WARNER, DDS 401(K) PLAN [EIN = 421252703]
• DR. MICHAEL YAMANE PROFIT SHARING PLAN [EIN = 954226425]
• DR. MICHAEL H. GREENBERG, INC. PSP [EIN = 341326589]
• DR. MICHAEL ROSEN 401K PROFIT SHARING PLAN [EIN = 228828467]
• DR. MICHAEL A. MILLER, CHIROPRACTIC PHYSICIAN, P.C. 401(K)PROFIT SHARING PLAN [EIN = 042803593]
• DR. MICHAEL J. EGITTO, DDS, PA PROFIT SHARING PLAN [EIN = 592196369]
• DR. MICHAEL G. KACHMAR PROFIT SHARING PLAN AND TRUST [EIN = 222805504]
• DR. MICHAEL MASS 401 K PROFIT SHARING PLAN TRUST [EIN = 133766570]
• DR. MICHAEL Y. KARAPETIAN, MD MEDICAL CLINIC INC. 401K SAFE [EIN = 481291862]
• DR. MICHAEL J. GROSSMAN RETIREMENT SAVINGS PLAN [EIN = 043461513]
• DR. MICHAEL KLEIN, DDS 401(K) PROFIT SHARING PLAN [EIN = 481037386]
• DR. MICHAEL J. SCHWARTZ 401(K) PROFIT SHARING PLAN [EIN = 141495804]
• DR. MICHAEL BARAT, M.D., INC. CASH BALANCE PLAN [EIN = 341589111]
• DR. MICHAEL MILLS, PA EMPLOYEE'S PROFIT SHARING PLAN [EIN = 570741777]
• DR. MICHAEL A. DINGMAN D.D.S. DEFINED BENEFIT PLAN [EIN = 203343183]
• DR. MICHAEL G. CARDOZO, DDS, LLC 401(K) PLAN [EIN = 800264065]
• DR. MICHAEL J. PURCELL, D.D.S., P.C. 401(K) PLAN [EIN = 841478256]
• DR. MICHAEL J RAMOS DDS EMPLOYEES RETIREMENT PLAN [EIN = 382379085]
• DR. MICHAEL NIEMZAK 401(K) PLAN [EIN = 630792973]
• DR. MICHAEL D. SCHLOSS, INC. PROFIT SHARING PLAN [EIN = 341179195]
• DR. MICHAEL MESSING, LLC PROFIT-SHARING PLAN [EIN = 061715873]
• DR. MICHAEL HUTCHINSON, DVM, PC PROFIT SHARING PLAN [EIN = 223834106]
• DR. MICHAEL RYAN PC 401K PROFIT SHARING PLAN [EIN = 231741096]
• DR. MICHAEL KASSELS 401(K) PLAN & TRUST [EIN = 680314940]
• DR. MICHAEL S ROTHSTEIN DDS PC 401(K) P/S PLAN [EIN = 134172795]
• DR. MICHAEL C. DIAZ PROFIT SHARING PLAN [EIN = 311155552]
• DR. MICHAEL P. MORIARTY PC 401(K) PLAN [EIN = 201004449]
• DR. MICHAEL DANIELS LLC PROFIT SHARING PLAN [EIN = 471105294]
• DR. MICHAEL CHUNE CO. 401(K) PROFIT SHARING PLAN [EIN = 311356910]
• DR. MICHAEL ROBINSON MEDICAL CLINIC, LLC 401K [EIN = 455435667]
• DR. MICHAEL LEGEYT, LLC 401K PROFIT SHARING PLAN [EIN = 061621688]
• DR. MICHAEL BORK DEFINED BENEFIT PLAN [EIN = 261119001]
• DR. MICHAEL R. GRIESMER, DDS 401(K) PROFIT SHARING PLAN [EIN = 341531746]
• DR. MICHAEL MESSING, LLC PROFIT-SHARING PLAN [EIN = 200108238]
• DR. MICHAEL DIAMOND, P.A. PROFIT-SHARING PLAN [EIN = 222234893]
• DR. MICHAEL G. FINE 401(K) / PROFIT SHARING PLAN [EIN = 541438902]
• DR. MICHAEL J. KOKORELIS, INC. CASH BALANCE PLAN [EIN = 541755654]
• DR. MICHAEL BERNELL 401(K) PLAN [EIN = 822689430]
• DR. MICHAEL J. HARMON DDS 401(K) PLAN [EIN = 452509910]
• DR. MICHAEL CUNNINGHAM, INC. EMPLOYEES PROFIT-SHARING PLAN [EIN = 341332333]
• DR. MICHAEL HALEY, D.M.D., P.C. [EIN = 581475201]
• DR. MICHAEL ASHKAR PROFIT SHARING PLAN [EIN = 222963380]
• DR. MICHAEL MANDELL PROFIT SHARING PLAN [EIN = 222610771]
• DR. MICHAEL A. SITTERS - PROFIT SHARING PLAN [EIN = 742436617]
• DR. MICHAEL A. SITTERS - MONEY PURCHASE PENSION PL [EIN = 742436617]
• DR. MICHAEL DANZE, D.M.D. 401(K) PLAN [EIN = 561797403]
• DR. MICHAEL R BUTTERWORTH DDS INC.401(K) PLAN [EIN = 510367791]
• DR. MICHAEL R. BUTTERWORTH DDS INC. CASH BALANCE PLAN [EIN = 510367791]
• DR. MICHAEL HUTCHINSON, DVM, PC PROFIT SHARING PLAN [EIN = 223824106]
• DR. MICHAEL W. WHITECAR DDS, LLC 401(K) PLAN [EIN = 871726821]
• DR. MICHAEL FLEMING DENTAL CORPORATION 401(K) PROFIT SHARING PLAN [EIN = 843537085]
• DR. MICHAEL J. GREENBERG PSYCHOLOGY 401(K) PLAN [EIN = 851034500]
• DR. MICHAEL APA DENTAL PARTNERSHIP 401(K) PLAN [EIN = 832138240]
• DR. MICHAEL D FOW RETIREMENT TRUST [EIN = 460750118]

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