| 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).
- Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
- Profit-sharing
- ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
- 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.
|
COMPREHENSIVE DENTAL CARE OF ALABAMA, P.C. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan COMPREHENSIVE DENTAL CARE OF ALABAMA PROFIT SHARING PLAN
401k plan membership statisitcs for COMPREHENSIVE DENTAL CARE OF ALABAMA PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2024: COMPREHENSIVE DENTAL CARE OF ALABAMA PROFIT SHARING PLAN 2024 401k membership |
|---|
| Total number of particpants at beginning of year | 2024-02-16 | 10 |
| Total number of particpants at end of year | 2024-02-16 | 0 |
| Number of Participants With Account Balances | 2024-02-16 | 0 |
| 2022: COMPREHENSIVE DENTAL CARE OF ALABAMA PROFIT SHARING PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 218 |
| Acturial value of plan assets | 2022-12-31 | 218 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
| Number of terminated vested participants | 2022-12-31 | 0 |
| Fundng target for terminated vested participants | 2022-12-31 | 0 |
| Active participant vested funding target | 2022-12-31 | 0 |
| Number of active participants | 2022-12-31 | 8 |
| Total funding liabilities for active participants | 2022-12-31 | 0 |
| Total participant count | 2022-12-31 | 8 |
| Total funding target for all participants | 2022-12-31 | 0 |
| Amount remaining of carryover balance | 2022-12-31 | 0 |
| Amount remaining of prefunding balance | 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 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
| Total employer contributions | 2022-12-31 | 149,226 |
| 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 | 147,922 |
| 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 | 144,064 |
| 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 | 143,846 |
| 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 | 0 |
| Additional cash requirement | 2022-12-31 | 143,846 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 147,922 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Measure | Date | Value |
|---|
| 2024 : COMPREHENSIVE DENTAL CARE OF ALABAMA PROFIT SHARING PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-02-16 | -17728 |
| Total expenses incurred by plan in this plan year | 2024-02-16 | 0 |
| Net assets as of the end of the plan year | 2024-02-16 | 0 |
| Total assets as of the beginning of the plan year | 2024-02-16 | 17631 |
| Value of plan covered by a fidelity bond | 2024-02-16 | 30000 |
| Other income to plan in this plan year | 2024-02-16 | 97 |
| Plan net income in this plan year | 2024-02-16 | 97 |
| Net assets as of the end of the plan year | 2024-02-16 | 0 |
| Net assets as of the beginning of the plan year | 2024-02-16 | 17631 |
Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.
See full terms and conditions
