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Plan Name | LAW OFFICES OF DENNIS WEBB, P.A.CASH BALANCE PENSION PLAN & TRUST |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | LAW OFFICES OF DENNIS L. WEBB, P.A. |
Employer identification number (EIN): | 814949631 |
NAIC Classification: | 541110 |
NAIC Description: | Offices of Lawyers |
Additional information about LAW OFFICES OF DENNIS L. WEBB, P.A.
Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
Incorporation Date: | 2017-01-11 |
Company Identification Number: | P17000003322 |
Legal Registered Office Address: |
1840 SW 22ND ST. MIAMI 33145 |
More information about LAW OFFICES OF DENNIS L. WEBB, P.A.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2022-01-01 | ||||
002 | 2021-01-01 | ||||
002 | 2020-01-01 | DENNIS L. WEBB | 2021-09-16 | DENNIS L. WEBB | 2021-09-16 |
002 | 2018-01-01 | DENNIS WEBB | 2019-09-26 | DENNIS WEBB | 2019-09-26 |
Measure | Date | Value |
---|---|---|
2022: LAW OFFICES OF DENNIS WEBB, P.A.CASH BALANCE PENSION PLAN & TRUST 2022 401k membership | ||
Market value of plan assets | 2022-12-31 | 705,843 |
Acturial value of plan assets | 2022-12-31 | 705,843 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
Number of terminated vested participants | 2022-12-31 | 2 |
Fundng target for terminated vested participants | 2022-12-31 | 4,016 |
Active participant vested funding target | 2022-12-31 | 739,709 |
Number of active participants | 2022-12-31 | 4 |
Total funding liabilities for active participants | 2022-12-31 | 739,709 |
Total participant count | 2022-12-31 | 6 |
Total funding target for all participants | 2022-12-31 | 743,725 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 54,764 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 3,786 |
Amount remaining of carryover balance | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 50,978 |
Present value of excess contributions | 2022-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 51,483 |
Total employer contributions | 2022-12-31 | 65,168 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 60,807 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 64,246 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 92,155 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 72,762 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 11,955 |
Additional cash requirement | 2022-12-31 | 60,807 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 60,807 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
2021: LAW OFFICES OF DENNIS WEBB, P.A.CASH BALANCE PENSION PLAN & TRUST 2021 401k membership | ||
Market value of plan assets | 2021-12-31 | 695,404 |
Acturial value of plan assets | 2021-12-31 | 695,404 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 0 |
Number of terminated vested participants | 2021-12-31 | 2 |
Fundng target for terminated vested participants | 2021-12-31 | 3,620 |
Active participant vested funding target | 2021-12-31 | 654,371 |
Number of active participants | 2021-12-31 | 4 |
Total funding liabilities for active participants | 2021-12-31 | 654,371 |
Total participant count | 2021-12-31 | 6 |
Total funding target for all participants | 2021-12-31 | 657,991 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 5,856 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 0 |
Amount remaining of prefunding balance | 2021-12-31 | 5,856 |
Present value of excess contributions | 2021-12-31 | 48,360 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 48,360 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 48,360 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
Balance of prefunding at beginning of current year | 2021-12-31 | 54,764 |
Total employer contributions | 2021-12-31 | 100,000 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 96,578 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 97,236 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 20,149 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 100,557 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 3,979 |
Additional cash requirement | 2021-12-31 | 96,578 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 96,578 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |