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GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST 401k Plan overview

Plan NameGREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST
Plan identification number 002

GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • 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).
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.

401k Sponsoring company profile

GREAT LAKES ORTHODONTICS, P.C. has sponsored the creation of one or more 401k plans.

Company Name:GREAT LAKES ORTHODONTICS, P.C.
Employer identification number (EIN):383571934
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01KENNETH GRABOWSKI2015-09-03
0022013-01-01KENNETH GRABOWSKI2014-10-09
0022012-01-01KENNETH GRABOWSKI2013-09-12
0022011-01-01KENNETH GRABOWSKI2012-06-13

Plan Statistics for GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST

401k plan membership statisitcs for GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST

Measure Date Value
2021: GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST 2021 401k membership
Market value of plan assets2021-12-311,952,081
Acturial value of plan assets2021-12-311,952,081
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-317
Fundng target for terminated vested participants2021-12-315,791
Active participant vested funding target2021-12-311,994,605
Number of active participants2021-12-3119
Total funding liabilities for active participants2021-12-311,994,605
Total participant count2021-12-3126
Total funding target for all participants2021-12-312,000,396
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3122,379
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 balance2021-12-3122,379
Present value of excess contributions2021-12-31597,952
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31597,952
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-31597,952
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 year2021-12-31622,934
Total employer contributions2021-12-31696,049
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 date2021-12-31665,160
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 cost2021-12-31742,862
Net shortfall amortization installment of oustanding balance2021-12-31671,249
Total funding amount beforereflecting carryover/prefunding balances2021-12-31796,687
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-31622,934
Additional cash requirement2021-12-31173,753
Contributions allocatedtoward minimum required contributions for current year2021-12-31665,160
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST 2020 401k membership
Market value of plan assets2020-12-311,330,530
Acturial value of plan assets2020-12-311,330,530
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-317
Fundng target for terminated vested participants2020-12-315,331
Active participant vested funding target2020-12-311,214,672
Number of active participants2020-12-3119
Total funding liabilities for active participants2020-12-311,214,957
Total participant count2020-12-3126
Total funding target for all participants2020-12-311,220,288
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
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 balance2020-12-310
Present value of excess contributions2020-12-3122,379
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3122,379
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-3122,379
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 year2020-12-3122,379
Total employer contributions2020-12-31632,733
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 date2020-12-31621,458
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 cost2020-12-31110,100
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3123,506
Additional cash requirement2020-12-3123,506
Contributions allocatedtoward minimum required contributions for current year2020-12-31621,458
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST 2019 401k membership
Market value of plan assets2019-12-311,097,135
Acturial value of plan assets2019-12-311,097,135
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-316
Fundng target for terminated vested participants2019-12-315,617
Active participant vested funding target2019-12-311,063,060
Number of active participants2019-12-3118
Total funding liabilities for active participants2019-12-311,063,060
Total participant count2019-12-3124
Total funding target for all participants2019-12-311,068,677
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 contributions2019-12-319,311
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-319,311
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 contributions2019-12-31110,599
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 date2019-12-31104,122
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 cost2019-12-31110,201
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3181,743
Additional cash requirement2019-12-3181,743
Contributions allocatedtoward minimum required contributions for current year2019-12-31104,122
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST 2018 401k membership
Market value of plan assets2018-12-31685,497
Acturial value of plan assets2018-12-31685,497
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-317
Fundng target for terminated vested participants2018-12-314,992
Active participant vested funding target2018-12-31914,508
Number of active participants2018-12-3115
Total funding liabilities for active participants2018-12-31914,508
Total participant count2018-12-3122
Total funding target for all participants2018-12-31919,500
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 contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
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 contributions2018-12-31276,205
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-31112,052
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31156,156
Unpaid minimum required contributions for all prior years2018-12-31112,052
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-31112,052
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31108,644
Net shortfall amortization installment of oustanding balance2018-12-31234,003
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31146,845
Additional cash requirement2018-12-31146,845
Contributions allocatedtoward minimum required contributions for current year2018-12-31156,156
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST 2017 401k membership
Market value of plan assets2017-12-31735,559
Acturial value of plan assets2017-12-31735,559
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-317
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-31734,889
Number of active participants2017-12-3116
Total funding liabilities for active participants2017-12-31734,889
Total participant count2017-12-3123
Total funding target for all participants2017-12-31734,889
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 contributions2017-12-31904
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31904
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 contributions2017-12-310
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 date2017-12-310
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 cost2017-12-31112,722
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31112,052
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31112,052
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-31112,052
Unpaid minimum required contributions for all years2017-12-31112,052
2016: GREAT LAKES ORTHODONTICS, P.C. DEFINED BENEFIT PENSION PLAN AND TRUST 2016 401k membership
Market value of plan assets2016-12-31556,904
Acturial value of plan assets2016-12-31556,904
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 target2016-12-31585,457
Number of active participants2016-12-311
Total funding liabilities for active participants2016-12-31585,457
Total participant count2016-12-311
Total funding target for all participants2016-12-31585,457
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 contributions2016-12-3117,918
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3117,918
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 contributions2016-12-31120,500
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 date2016-12-31117,327
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 cost2016-12-31111,705
Net shortfall amortization installment of oustanding balance2016-12-3128,553
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31116,423
Additional cash requirement2016-12-31116,423
Contributions allocatedtoward minimum required contributions for current year2016-12-31117,327
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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