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ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 401k Plan overview

Plan NameST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN
Plan identification number 002

ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covering Self-Employed individuals.
  • 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

ST. JOHN VALLEY PHARMACY, LLC has sponsored the creation of one or more 401k plans.

Company Name:ST. JOHN VALLEY PHARMACY, LLC
Employer identification number (EIN):753168723
NAIC Classification:446110
NAIC Description:Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01CHARLES OUELLETTE2023-10-09 CHARLES OUELLETTE2023-10-09
0022021-01-01CHARLES OUELLETTE2022-10-13 CHARLES OUELLETTE2022-10-13
0022020-01-01CHARLES OUELLETTE2021-10-13 CHARLES OUELLETTE2021-10-13
0022019-01-01CHARLES OUELLETTE2020-10-15 CHARLES OUELLETTE2020-10-15
0022018-01-01CHARLES OUELLETTE2019-10-14 CHARLES OUELLETTE2019-10-14
0022017-01-01CHARLES OUELLETTE2018-10-09 CHARLES OUELLETTE2018-10-09
0022016-01-01CHARLES OUELLETTE2017-10-13 CHARLES OUELLETTE2017-10-13
0022015-01-01CHARLES OUELLETTE2016-09-23 CHARLES OUELLETTE2016-09-23
0022014-01-01CHARLES OUELLETTE2015-10-12
0022013-01-01CHARLES OUELLETTE2014-10-08
0022012-01-01CHARLES OUELLETTE2013-09-24 CHARLES OUELLETTE2013-09-24

Plan Statistics for ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN

401k plan membership statisitcs for ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN

Measure Date Value
2022: ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-12-311,735,318
Acturial value of plan assets2022-12-311,735,318
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-318
Fundng target for terminated vested participants2022-12-3173,057
Active participant vested funding target2022-12-312,181,032
Number of active participants2022-12-3113
Total funding liabilities for active participants2022-12-312,184,501
Total participant count2022-12-3121
Total funding target for all participants2022-12-312,257,558
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
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 balance2022-12-310
Present value of excess contributions2022-12-3186
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3186
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
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 year2022-12-310
Total employer contributions2022-12-31234,914
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 date2022-12-31226,299
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 cost2022-12-31178,019
Net shortfall amortization installment of oustanding balance2022-12-31522,240
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31226,280
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-31226,280
Contributions allocatedtoward minimum required contributions for current year2022-12-31226,299
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-311,889,728
Acturial value of plan assets2021-12-311,889,728
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-3111
Fundng target for terminated vested participants2021-12-3170,032
Active participant vested funding target2021-12-311,808,192
Number of active participants2021-12-3113
Total funding liabilities for active participants2021-12-311,816,568
Total participant count2021-12-3124
Total funding target for all participants2021-12-311,886,600
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
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 balance2021-12-310
Present value of excess contributions2021-12-31533
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31533
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 year2021-12-310
Total employer contributions2021-12-31196,280
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 date2021-12-31188,899
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 cost2021-12-31191,941
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31188,813
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-31188,813
Contributions allocatedtoward minimum required contributions for current year2021-12-31188,899
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-311,595,942
Acturial value of plan assets2020-12-311,595,942
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-3112
Fundng target for terminated vested participants2020-12-3170,627
Active participant vested funding target2020-12-311,499,964
Number of active participants2020-12-3110
Total funding liabilities for active participants2020-12-311,501,096
Total participant count2020-12-3122
Total funding target for all participants2020-12-311,571,723
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-311,216
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-311,216
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 year2020-12-310
Total employer contributions2020-12-31159,053
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 date2020-12-31147,430
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
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 cost2020-12-31171,116
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31146,897
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31146,897
Contributions allocatedtoward minimum required contributions for current year2020-12-31147,430
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-311,250,774
Acturial value of plan assets2019-12-311,250,774
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-317
Fundng target for terminated vested participants2019-12-3159,435
Active participant vested funding target2019-12-311,310,717
Number of active participants2019-12-3111
Total funding liabilities for active participants2019-12-311,312,647
Total participant count2019-12-3118
Total funding target for all participants2019-12-311,372,082
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-310
Present value of excess contributions2019-12-31805
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31805
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 year2019-12-310
Total employer contributions2019-12-31184,835
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 date2019-12-31171,991
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 cost2019-12-31141,578
Net shortfall amortization installment of oustanding balance2019-12-31121,308
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31170,775
Additional cash requirement2019-12-31170,775
Contributions allocatedtoward minimum required contributions for current year2019-12-31171,991
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-31903,949
Acturial value of plan assets2018-12-31903,949
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-313
Fundng target for terminated vested participants2018-12-3113,359
Active participant vested funding target2018-12-311,118,784
Number of active participants2018-12-3112
Total funding liabilities for active participants2018-12-311,120,408
Total participant count2018-12-3115
Total funding target for all participants2018-12-311,133,767
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-310
Present value of excess contributions2018-12-313,164
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-313,164
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
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 year2018-12-310
Total employer contributions2018-12-31181,203
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 date2018-12-31169,496
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
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 cost2018-12-31126,973
Net shortfall amortization installment of oustanding balance2018-12-31229,818
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31168,691
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31168,691
Contributions allocatedtoward minimum required contributions for current year2018-12-31169,496
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-31840,922
Acturial value of plan assets2017-12-31840,922
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-317,903
Active participant vested funding target2017-12-31879,273
Number of active participants2017-12-3110
Total funding liabilities for active participants2017-12-31880,695
Total participant count2017-12-3112
Total funding target for all participants2017-12-31888,598
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 balance2017-12-310
Present value of excess contributions2017-12-311,593
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-311,593
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
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 year2017-12-310
Total employer contributions2017-12-31128,978
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 date2017-12-31122,079
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
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 cost2017-12-31108,374
Net shortfall amortization installment of oustanding balance2017-12-3147,676
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31118,915
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31118,915
Contributions allocatedtoward minimum required contributions for current year2017-12-31122,079
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: ST. JOHN VALLEY PHARMACY, LLC DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-31631,353
Acturial value of plan assets2016-12-31631,353
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-317,214
Active participant vested funding target2016-12-31693,079
Number of active participants2016-12-319
Total funding liabilities for active participants2016-12-31695,596
Total participant count2016-12-3111
Total funding target for all participants2016-12-31702,810
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 contributions2016-12-311,517
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-311,517
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 year2016-12-310
Total employer contributions2016-12-31128,404
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 date2016-12-31119,954
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
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 cost2016-12-31105,433
Net shortfall amortization installment of oustanding balance2016-12-3171,457
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31118,361
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31118,361
Contributions allocatedtoward minimum required contributions for current year2016-12-31119,954
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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