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LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 401k Plan overview

Plan NameLAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN
Plan identification number 002

LAW OFFICES OF STEVEN A. VARANO, 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).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

LAW OFFICES OF STEVEN A. VARANO, P.C. has sponsored the creation of one or more 401k plans.

Company Name:LAW OFFICES OF STEVEN A. VARANO, P.C.
Employer identification number (EIN):431989479
NAIC Classification:541110
NAIC Description:Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01STEVEN VARANO2023-09-21
0022021-01-01STEVEN VARANO2022-08-04
0022020-01-01
0022019-01-01
0022018-01-01STEVEN VARANO2019-08-21
0022017-01-01STEVEN VARANO2018-09-25
0022016-01-01STEVEN VARANO2017-09-21
0022015-01-01STEVEN VARANO
0022014-01-01STEVEN VARANO2016-09-07
0022014-01-01

Plan Statistics for LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN

Measure Date Value
2022: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-312,172,165
Acturial value of plan assets2022-12-312,172,165
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-313
Fundng target for terminated vested participants2022-12-317,932
Active participant vested funding target2022-12-311,880,317
Number of active participants2022-12-3115
Total funding liabilities for active participants2022-12-311,881,684
Total participant count2022-12-3118
Total funding target for all participants2022-12-311,889,616
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-316,120
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-316,120
Present value of excess contributions2022-12-31186,709
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31195,970
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-31195,970
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 year2022-12-31202,575
Total employer contributions2022-12-31202,748
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 date2022-12-31186,964
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 cost2022-12-31193,075
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31113,101
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-31113,101
Contributions allocatedtoward minimum required contributions for current year2022-12-31186,964
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-311,841,089
Acturial value of plan assets2021-12-311,841,089
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-311
Fundng target for terminated vested participants2021-12-313,742
Active participant vested funding target2021-12-311,610,987
Number of active participants2021-12-3115
Total funding liabilities for active participants2021-12-311,611,571
Total participant count2021-12-3116
Total funding target for all participants2021-12-311,615,313
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3141,258
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-3136,220
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-315,038
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-316,120
Total employer contributions2021-12-31201,312
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 date2021-12-31186,709
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 cost2021-12-31193,284
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31186,709
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-311,374,078
Acturial value of plan assets2020-12-311,374,078
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-311
Fundng target for terminated vested participants2020-12-314,304
Active participant vested funding target2020-12-311,408,336
Number of active participants2020-12-3116
Total funding liabilities for active participants2020-12-311,408,336
Total participant count2020-12-3117
Total funding target for all participants2020-12-311,412,640
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3168,521
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3134,036
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3134,485
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
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 year2020-12-3141,258
Total employer contributions2020-12-31202,625
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 date2020-12-31184,029
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 cost2020-12-31203,483
Net shortfall amortization installment of oustanding balance2020-12-3179,820
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31220,249
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-3136,220
Additional cash requirement2020-12-31184,029
Contributions allocatedtoward minimum required contributions for current year2020-12-31184,029
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-0117
Total number of active participants reported on line 7a of the Form 55002020-01-0113
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-011
Total of all active and inactive participants2020-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-311,000,581
Acturial value of plan assets2019-12-311,000,581
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-316,454
Active participant vested funding target2019-12-311,063,688
Number of active participants2019-12-3114
Total funding liabilities for active participants2019-12-311,066,792
Total participant count2019-12-3116
Total funding target for all participants2019-12-311,073,246
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31107,616
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3132,194
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3175,422
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
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 year2019-12-3168,521
Total employer contributions2019-12-31201,965
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 date2019-12-31178,967
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 cost2019-12-31189,129
Net shortfall amortization installment of oustanding balance2019-12-31141,186
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31213,003
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3134,036
Additional cash requirement2019-12-31178,967
Contributions allocatedtoward minimum required contributions for current year2019-12-31178,967
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0115
Total number of active participants reported on line 7a of the Form 55002019-01-0112
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-011
Total of all active and inactive participants2019-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-31861,529
Acturial value of plan assets2018-12-31861,529
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31800,936
Number of active participants2018-12-3112
Total funding liabilities for active participants2018-12-31801,995
Total participant count2018-12-3112
Total funding target for all participants2018-12-31801,995
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3190,487
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 balance2018-12-3190,487
Present value of excess contributions2018-12-315,124
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-315,420
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-315,420
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 year2018-12-31107,616
Total employer contributions2018-12-31203,999
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 date2018-12-31180,994
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 cost2018-12-31205,339
Net shortfall amortization installment of oustanding balance2018-12-3148,082
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31213,188
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3132,194
Additional cash requirement2018-12-31180,994
Contributions allocatedtoward minimum required contributions for current year2018-12-31180,994
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-31600,119
Acturial value of plan assets2017-12-31600,119
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-31528,885
Number of active participants2017-12-3110
Total funding liabilities for active participants2017-12-31530,129
Total participant count2017-12-3110
Total funding target for all participants2017-12-31530,129
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3120,495
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 balance2017-12-3120,495
Present value of excess contributions2017-12-3165,005
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3168,873
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3168,873
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 year2017-12-3190,487
Total employer contributions2017-12-31200,668
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 date2017-12-31182,358
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 cost2017-12-31177,234
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31177,234
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31177,234
Contributions allocatedtoward minimum required contributions for current year2017-12-31182,358
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-31386,285
Acturial value of plan assets2016-12-31386,285
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 target2016-12-310
Number of active participants2016-12-3112
Total funding liabilities for active participants2016-12-31320,541
Total participant count2016-12-3112
Total funding target for all participants2016-12-31320,541
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 contributions2016-12-3119,309
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3120,495
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3120,495
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 year2016-12-3120,495
Total employer contributions2016-12-31200,271
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 date2016-12-31181,500
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 cost2016-12-31161,744
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31116,495
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31116,495
Contributions allocatedtoward minimum required contributions for current year2016-12-31181,500
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
2015: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-019
Total number of active participants reported on line 7a of the Form 55002015-01-019
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN

Measure Date Value
2020 : LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$471,234
Expenses. Total of all expenses incurred2020-12-31$5,437
Benefits paid (including direct rollovers)2020-12-31$5,437
Total plan assets at end of year2020-12-31$1,846,383
Total plan assets at beginning of year2020-12-31$1,380,586
Value of fidelity bond covering the plan2020-12-31$110,000
Total contributions received or receivable from participants2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$268,609
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$465,797
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,846,383
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,380,586
Total contributions received or receivable from employer(s)2020-12-31$202,625
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$377,488
Expenses. Total of all expenses incurred2019-12-31$3,496
Benefits paid (including direct rollovers)2019-12-31$3,496
Total plan assets at end of year2019-12-31$1,380,586
Total plan assets at beginning of year2019-12-31$1,006,594
Value of fidelity bond covering the plan2019-12-31$110,000
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$175,523
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$373,992
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,380,586
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,006,594
Total contributions received or receivable from employer(s)2019-12-31$201,965
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2015 : LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$35,764
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$193,991
Expenses. Total of all expenses incurred2015-12-31$1,269
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$429,948
Total plan assets at beginning of year2015-12-31$201,462
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$1,382
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$192,722
Net plan assets at end of year (total assets less liabilities)2015-12-31$394,184
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$201,462
Total contributions received or receivable from employer(s)2015-12-31$192,609
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,269

Form 5500 Responses for LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN

2020: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2015: LAW OFFICES OF STEVEN A. VARANO, P.C. CASH BALANCE PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number987670-000
Policy instance 1
Insurance contract or identification number987670-000
Number of Individuals Covered9
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $602
Total amount of fees paid to insurance companyUSD $29
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $602
Insurance broker organization code?3
Amount paid for insurance broker fees29
Additional information about fees paid to insurance brokerTPA COMPENSATION
Insurance broker namePLANNED RETIREMENT CONSULTANTS & AD

Potentially related plans

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