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ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 401k Plan overview

Plan NameORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN
Plan identification number 002

ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined 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).
  • 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

ORAL & FACIAL SURGERY ASSOCIATES, DRS PERRY, MORRISON & WATERS, LLC has sponsored the creation of one or more 401k plans.

Company Name:ORAL & FACIAL SURGERY ASSOCIATES, DRS PERRY, MORRISON & WATERS, LLC
Employer identification number (EIN):814749244
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01

Plan Statistics for ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN

401k plan membership statisitcs for ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN

Measure Date Value
2025: ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-1118
Total number of particpants at end of year2025-10-1113
2024: ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-1322
Total number of particpants at end of year2024-10-1317
2022: ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-12-31754,723
Acturial value of plan assets2022-12-31754,723
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-312
Fundng target for terminated vested participants2022-12-313,181
Active participant vested funding target2022-12-31752,370
Number of active participants2022-12-3121
Total funding liabilities for active participants2022-12-31753,375
Total participant count2022-12-3123
Total funding target for all participants2022-12-31756,556
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 contributions2022-12-3110,985
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3111,568
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 contributions2022-12-31668,281
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 date2022-12-31613,999
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 cost2022-12-31585,813
Net shortfall amortization installment of oustanding balance2022-12-311,833
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31585,982
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-31585,982
Contributions allocatedtoward minimum required contributions for current year2022-12-31613,999
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total number of particpants at beginning of year2022-09-2325
Total number of particpants at end of year2022-09-2324
2021: ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-31786,981
Acturial value of plan assets2021-12-31786,981
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-312
Fundng target for terminated vested participants2021-12-31389,414
Active participant vested funding target2021-12-31385,316
Number of active participants2021-12-3121
Total funding liabilities for active participants2021-12-31392,198
Total participant count2021-12-3123
Total funding target for all participants2021-12-31781,612
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 contributions2021-12-3110,789
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3111,366
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 contributions2021-12-31339,420
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 date2021-12-31320,423
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 cost2021-12-31314,807
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31309,438
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-31309,438
Contributions allocatedtoward minimum required contributions for current year2021-12-31320,423
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-31363,994
Acturial value of plan assets2020-12-31363,994
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-31376,554
Number of active participants2020-12-3121
Total funding liabilities for active participants2020-12-31376,554
Total participant count2020-12-3121
Total funding target for all participants2020-12-31376,554
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 contributions2020-12-3110,688
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3111,296
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
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 contributions2020-12-31392,280
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 date2020-12-31369,731
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 cost2020-12-31357,763
Net shortfall amortization installment of oustanding balance2020-12-3112,560
Total funding amount beforereflecting carryover/prefunding balances2020-12-31358,942
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31358,942
Contributions allocatedtoward minimum required contributions for current year2020-12-31369,731
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-310
Acturial value of plan assets2019-12-310
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-310
Number of active participants2019-12-3120
Total funding liabilities for active participants2019-12-310
Total participant count2019-12-3120
Total funding target for all participants2019-12-310
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 contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
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 contributions2019-12-31372,747
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 date2019-12-31344,473
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 cost2019-12-31333,785
Total funding amount beforereflecting carryover/prefunding balances2019-12-31333,785
Additional cash requirement2019-12-31333,785
Contributions allocatedtoward minimum required contributions for current year2019-12-31344,473
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310

Financial Data on ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN

Measure Date Value
2025 : ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-110
Total liabilities as of the beginning of the plan year2025-10-110
Total expenses incurred by plan in this plan year2025-10-1126563
Net assets as of the end of the plan year2025-10-112225475
Total assets as of the beginning of the plan year2025-10-111864850
Value of plan covered by a fidelity bond2025-10-11500000
Participant contributions to plan in this plan year2025-10-110
Other expenses paid from plan in this plan year2025-10-110
Other contributions to plan in this plan year2025-10-110
Other income to plan in this plan year2025-10-11131830
Plan net income in this plan year2025-10-11360625
Net assets as of the end of the plan year2025-10-112225475
Net assets as of the beginning of the plan year2025-10-111864850
Employer contributions to plan in this plan year2025-10-11255358
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-116772
2024 : ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-130
Total liabilities as of the end of the plan year2024-10-130
Total liabilities as of the beginning of the plan year2024-10-130
Total expenses incurred by plan in this plan year2024-10-139167
Net assets as of the end of the plan year2024-10-131864850
Total assets as of the beginning of the plan year2024-10-131382916
Value of plan covered by a fidelity bond2024-10-13500000
Participant contributions to plan in this plan year2024-10-130
Other expenses paid from plan in this plan year2024-10-130
Other contributions to plan in this plan year2024-10-130
Other income to plan in this plan year2024-10-1380472
Plan net income in this plan year2024-10-13481934
Net assets as of the end of the plan year2024-10-131864850
Net assets as of the beginning of the plan year2024-10-131382916
Employer contributions to plan in this plan year2024-10-13410629
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-130
2022 : ORAL & FACIAL SURGERY ASSOCIATES DEFINED BENEFIT PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-09-230
Total liabilities as of the end of the plan year2022-09-230
Total liabilities as of the beginning of the plan year2022-09-230
Total expenses incurred by plan in this plan year2022-09-23388378
Net assets as of the end of the plan year2022-09-23758620
Total assets as of the beginning of the plan year2022-09-23789750
Value of plan covered by a fidelity bond2022-09-23500000
Participant contributions to plan in this plan year2022-09-230
Other expenses paid from plan in this plan year2022-09-230
Other contributions to plan in this plan year2022-09-230
Other income to plan in this plan year2022-09-2317828
Plan net income in this plan year2022-09-23-31130
Net assets as of the end of the plan year2022-09-23758620
Net assets as of the beginning of the plan year2022-09-23789750
Employer contributions to plan in this plan year2022-09-23339420
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-230

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