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CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 401k Plan overview

Plan NameCENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN
Plan identification number 002

CENTER FOR PAIN OF MONTGOMERY, P. C. 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).

401k Sponsoring company profile

CENTER FOR PAIN OF MONTGOMERY, P.C. has sponsored the creation of one or more 401k plans.

Company Name:CENTER FOR PAIN OF MONTGOMERY, P.C.
Employer identification number (EIN):721374394
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01MARK PLATT2022-08-31
0022021-01-01MARK PLATT2022-06-23
0022020-01-01MARK PLATT2021-09-23 BRADLEY P. KATZ2021-09-23
0022019-01-01BRADLEY P. KATZ2020-08-31 BRADLEY P. KATZ2020-08-31
0022018-01-01BRADLEY P. KATZ2019-09-05 BRADLEY P. KATZ2019-09-05
0022017-01-01BRADLEY P. KATZ2018-09-04 BRADLEY P. KATZ2018-09-04
0022016-01-01BRADLEY P. KATZ2017-09-15 BRADLEY P. KATZ2017-09-15
0022015-01-01BRADLEY P. KATZ2016-10-02 BRADLEY P. KATZ2016-10-02
0022014-01-01BRADLEY P. KATZ2015-10-08 BRADLEY P. KATZ2015-10-08
0022013-01-01BRADLEY P. KATZ2014-09-29 BRADLEY P. KATZ2014-09-29

Plan Statistics for CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN

401k plan membership statisitcs for CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN

Measure Date Value
2022: CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-07-150
Acturial value of plan assets2022-07-150
Funding target for retired participants and beneficiaries receiving payment2022-07-150
Number of terminated vested participants2022-07-150
Fundng target for terminated vested participants2022-07-150
Active participant vested funding target2022-07-150
Number of active participants2022-07-150
Total funding liabilities for active participants2022-07-150
Total participant count2022-07-150
Total funding target for all participants2022-07-150
Balance at beginning of prior year after applicable adjustments2022-07-150
Prefunding balance at beginning of prior year after applicable adjustments2022-07-15150,310
Carryover balanced portion elected for use to offset prior years funding requirement2022-07-150
Prefunding balanced used to offset prior years funding requirement2022-07-150
Amount remaining of carryover balance2022-07-150
Amount remaining of prefunding balance2022-07-15150,310
Present value of excess contributions2022-07-150
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-07-150
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-07-150
Reductions in prefunding balances due to elections or deemed elections2022-07-150
Balance of carryovers at beginning of current year2022-07-150
Balance of prefunding at beginning of current year2022-07-15155,586
Total employer contributions2022-07-150
Total employee contributions2022-07-150
Contributions allocated toward unpaid minimum require contributions from prior years2022-07-150
Contributions made to avoid restrictions adjusted to valuation date2022-07-150
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-07-150
Unpaid minimum required contributions for all prior years2022-07-150
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-07-150
Remaining amount of unpaid minimum required contributions2022-07-150
Minimum required contributions for current year target normal cost2022-07-150
Net shortfall amortization installment of oustanding balance2022-07-150
Waiver amortization installment2022-07-150
Total funding amount beforereflecting carryover/prefunding balances2022-07-150
Additional cash requirement2022-07-150
Contributions allocatedtoward minimum required contributions for current year2022-07-150
Unpaid minimum required contributions for current year2022-07-150
Unpaid minimum required contributions for all years2022-07-150
2021: CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-31974,962
Acturial value of plan assets2021-12-31974,962
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-3110
Fundng target for terminated vested participants2021-12-3119,036
Active participant vested funding target2021-12-31961,945
Number of active participants2021-12-318
Total funding liabilities for active participants2021-12-31961,945
Total participant count2021-12-3118
Total funding target for all participants2021-12-31980,981
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31639,943
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 balance2021-12-31639,943
Present value of excess contributions2021-12-3176,595
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3181,290
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-31500,000
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31150,310
Total employer contributions2021-12-3135,273
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 date2021-12-3135,190
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
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 cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-3135,190
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-312,300,863
Acturial value of plan assets2020-12-312,300,863
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-3149
Fundng target for terminated vested participants2020-12-3155,804
Active participant vested funding target2020-12-311,794,786
Number of active participants2020-12-3161
Total funding liabilities for active participants2020-12-311,795,797
Total participant count2020-12-31110
Total funding target for all participants2020-12-311,851,601
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31505,751
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31505,751
Present value of excess contributions2020-12-3191,712
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31103,088
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31103,088
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31639,943
Total employer contributions2020-12-31372,000
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 date2020-12-31345,361
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
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 cost2020-12-31268,766
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31268,766
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31268,766
Contributions allocatedtoward minimum required contributions for current year2020-12-31345,361
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-311,906,438
Acturial value of plan assets2019-12-311,906,438
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-3137
Fundng target for terminated vested participants2019-12-3120,256
Active participant vested funding target2019-12-311,444,605
Number of active participants2019-12-3164
Total funding liabilities for active participants2019-12-311,464,993
Total participant count2019-12-31101
Total funding target for all participants2019-12-311,485,249
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31453,455
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 balance2019-12-31453,455
Present value of excess contributions2019-12-3186,399
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3191,112
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-3191,112
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 year2019-12-31505,751
Total employer contributions2019-12-31375,000
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 date2019-12-31350,943
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
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 cost2019-12-31259,231
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31259,231
Additional cash requirement2019-12-31259,231
Contributions allocatedtoward minimum required contributions for current year2019-12-31350,943
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-311,426,069
Acturial value of plan assets2018-12-311,426,069
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-3127
Fundng target for terminated vested participants2018-12-3117,462
Active participant vested funding target2018-12-311,160,778
Number of active participants2018-12-3162
Total funding liabilities for active participants2018-12-311,161,170
Total participant count2018-12-3189
Total funding target for all participants2018-12-311,178,632
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31288,518
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 balance2018-12-31288,518
Present value of excess contributions2018-12-3196,535
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31101,913
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-3195,000
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 year2018-12-31453,455
Total employer contributions2018-12-31375,000
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 date2018-12-31351,002
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 cost2018-12-31264,603
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31264,603
Additional cash requirement2018-12-31264,603
Contributions allocatedtoward minimum required contributions for current year2018-12-31351,002
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-311,125,458
Acturial value of plan assets2017-12-311,125,458
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-3128
Fundng target for terminated vested participants2017-12-317,373
Active participant vested funding target2017-12-31863,527
Number of active participants2017-12-3144
Total funding liabilities for active participants2017-12-31864,000
Total participant count2017-12-3172
Total funding target for all participants2017-12-31871,373
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31166,180
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 balance2017-12-31166,180
Present value of excess contributions2017-12-31110,617
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31116,858
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3196,131
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31288,518
Total employer contributions2017-12-31360,000
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 date2017-12-31338,332
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 cost2017-12-31241,797
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31241,797
Additional cash requirement2017-12-31241,797
Contributions allocatedtoward minimum required contributions for current year2017-12-31338,332
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: CENTER FOR PAIN OF MONTGOMERY, P. C. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31715,161
Acturial value of plan assets2016-12-31715,161
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-3120
Fundng target for terminated vested participants2016-12-3117,058
Active participant vested funding target2016-12-31573,568
Number of active participants2016-12-3145
Total funding liabilities for active participants2016-12-31573,568
Total participant count2016-12-3165
Total funding target for all participants2016-12-31590,626
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3160,053
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3160,053
Present value of excess contributions2016-12-31106,388
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31112,571
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31112,571
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 year2016-12-31166,180
Total employer contributions2016-12-31350,000
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 date2016-12-31338,257
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 cost2016-12-31227,640
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31227,640
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31227,640
Contributions allocatedtoward minimum required contributions for current year2016-12-31338,257
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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