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PEDIATRIC PARTNERS CASH BALANCE PLAN 401k Plan overview

Plan NamePEDIATRIC PARTNERS CASH BALANCE PLAN
Plan identification number 002

PEDIATRIC PARTNERS CASH BALANCE PLAN 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).
  • 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).
  • 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

PEDIATRIC PARTNERS OF PALM BEACH COUNTY has sponsored the creation of one or more 401k plans.

Company Name:PEDIATRIC PARTNERS OF PALM BEACH COUNTY
Employer identification number (EIN):650830606
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEDIATRIC PARTNERS CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01MICHAEL LEITERMAN2024-10-07
0022022-01-01MICHAEL LEITERMAN2023-10-03
0022021-01-01TOMMY SCHECHTMAN2022-08-13 TOMMY SCHECHTMAN2022-08-13
0022020-01-01TOMMY SCHECHTMAN MD2021-10-11
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01

Financial Data on PEDIATRIC PARTNERS CASH BALANCE PLAN

Measure Date Value
2025 : PEDIATRIC PARTNERS CASH BALANCE PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-250
Total liabilities as of the end of the plan year2025-09-250
Total liabilities as of the beginning of the plan year2025-09-250
Total expenses incurred by plan in this plan year2025-09-2555769
Net assets as of the end of the plan year2025-09-252753765
Total assets as of the beginning of the plan year2025-09-252384515
Value of plan covered by a fidelity bond2025-09-25500000
Participant contributions to plan in this plan year2025-09-250
Other expenses paid from plan in this plan year2025-09-250
Other contributions to plan in this plan year2025-09-250
Other income to plan in this plan year2025-09-25171202
Plan net income in this plan year2025-09-25369250
Net assets as of the end of the plan year2025-09-252753765
Net assets as of the beginning of the plan year2025-09-252384515
Employer contributions to plan in this plan year2025-09-25253817
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-2522982
2024 : PEDIATRIC PARTNERS CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0718135
Net assets as of the end of the plan year2024-10-072384515
Total assets as of the beginning of the plan year2024-10-071912368
Value of plan covered by a fidelity bond2024-10-07500000
Participant contributions to plan in this plan year2024-10-070
Other expenses paid from plan in this plan year2024-10-070
Other income to plan in this plan year2024-10-07234439
Plan net income in this plan year2024-10-07472147
Net assets as of the end of the plan year2024-10-072384515
Net assets as of the beginning of the plan year2024-10-071912368
Employer contributions to plan in this plan year2024-10-07255843
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0718135
2022 : PEDIATRIC PARTNERS CASH BALANCE PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-1316941
Net assets as of the end of the plan year2022-08-131977391
Total assets as of the beginning of the plan year2022-08-131652021
Value of plan covered by a fidelity bond2022-08-13500000
Participant contributions to plan in this plan year2022-08-130
Other expenses paid from plan in this plan year2022-08-130
Other income to plan in this plan year2022-08-13120693
Plan net income in this plan year2022-08-13325370
Net assets as of the end of the plan year2022-08-131977391
Net assets as of the beginning of the plan year2022-08-131652021
Employer contributions to plan in this plan year2022-08-13221618
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-1316941

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