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GRIFFIN & SCHWARTZ SCIENTIFIC SERVICES, P.A. EMPLOYEES' PENSION PLAN 401k Plan overview

Plan NameGRIFFIN & SCHWARTZ SCIENTIFIC SERVICES, P.A. EMPLOYEES' PENSION PLAN
Plan identification number 001

GRIFFIN & SCHWARTZ SCIENTIFIC SERVICES, P.A. EMPLOYEES' PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

GRIFFIN & SCHWARTZ SCIENTIFIC SERVI has sponsored the creation of one or more 401k plans.

Company Name:GRIFFIN & SCHWARTZ SCIENTIFIC SERVI
Employer identification number (EIN):742209258
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GRIFFIN & SCHWARTZ SCIENTIFIC SERVICES, P.A. EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-07-01
0012014-07-01
0012013-07-01ERIN SANDERS2015-04-14
0012012-07-01ERIN MCILWAIN2014-04-14
0012011-07-01CLAYTON MA2013-04-12
0012010-07-01JERRY C. GRIFFIN, M.D.2012-01-26 JERRY C. GRIFFIN, M.D.2012-01-26

Plan Statistics for GRIFFIN & SCHWARTZ SCIENTIFIC SERVICES, P.A. EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for GRIFFIN & SCHWARTZ SCIENTIFIC SERVICES, P.A. EMPLOYEES' PENSION PLAN

Measure Date Value
2022: GRIFFIN & SCHWARTZ SCIENTIFIC SERVICES, P.A. EMPLOYEES' PENSION PLAN 2022 401k membership
Market value of plan assets2022-06-301,343,042
Acturial value of plan assets2022-06-301,248,257
Funding target for retired participants and beneficiaries receiving payment2022-06-30957,577
Number of terminated vested participants2022-06-300
Fundng target for terminated vested participants2022-06-300
Active participant vested funding target2022-06-300
Number of active participants2022-06-300
Total funding liabilities for active participants2022-06-300
Total participant count2022-06-301
Total funding target for all participants2022-06-30957,577
Balance at beginning of prior year after applicable adjustments2022-06-300
Prefunding balance at beginning of prior year after applicable adjustments2022-06-300
Amount remaining of carryover balance2022-06-300
Amount remaining of prefunding balance2022-06-300
Present value of excess contributions2022-06-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-06-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-06-300
Reductions in caryover balances due to elections or deemed elections2022-06-300
Reductions in prefunding balances due to elections or deemed elections2022-06-300
Balance of carryovers at beginning of current year2022-06-300
Balance of prefunding at beginning of current year2022-06-300
Total employer contributions2022-06-300
Total employee contributions2022-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-06-300
Contributions made to avoid restrictions adjusted to valuation date2022-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-06-300
Unpaid minimum required contributions for all prior years2022-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-06-300
Remaining amount of unpaid minimum required contributions2022-06-300
Minimum required contributions for current year target normal cost2022-06-300
Net shortfall amortization installment of oustanding balance2022-06-300
Waiver amortization installment2022-06-300
Total funding amount beforereflecting carryover/prefunding balances2022-06-300
Additional cash requirement2022-06-300
Contributions allocatedtoward minimum required contributions for current year2022-06-300
Unpaid minimum required contributions for current year2022-06-300
Unpaid minimum required contributions for all years2022-06-300

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