401k Plan data: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN plan

TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 401k Plan overview

Plan Name	TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN
Plan identification number	001

TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN Benefits

401k Plan Type

Defined 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

TEXAS HEALTHNET MEDICAL CLINIC, LLC has sponsored the creation of one or more 401k plans.

Company Name: TEXAS HEALTHNET MEDICAL CLINIC, LLC

Employer identification number (EIN): 830398176

NAIC Classification: 621399
NAIC Description: Offices of All Other Miscellaneous Health Practitioners

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01 JOSE REYES 2021-08-12
001 2019-01-01 JOSE REYES 2020-10-14
001 2018-01-01 JOSE REYES 2019-10-15
001 2017-01-01 JOSE REYES 2018-09-24
001 2016-01-01 JOSE REYES 2017-10-06
001 2015-01-01 JOSE REYES 2016-10-11
001 2014-01-01 JOSE REYES 2015-07-22
001 2013-01-01 JOSE REYES 2014-10-10
001 2012-01-01 JOSE REYES 2013-09-12
001 2011-01-01 JOSE REYES 2012-10-11
001 2010-01-01 JOSE REYES 2011-08-04

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2020-01-01	JOSE REYES	2021-08-12
001	2019-01-01	JOSE REYES	2020-10-14
001	2018-01-01	JOSE REYES	2019-10-15
001	2017-01-01	JOSE REYES	2018-09-24
001	2016-01-01	JOSE REYES	2017-10-06
001	2015-01-01	JOSE REYES	2016-10-11
001	2014-01-01	JOSE REYES	2015-07-22
001	2013-01-01	JOSE REYES	2014-10-10
001	2012-01-01	JOSE REYES	2013-09-12
001	2011-01-01	JOSE REYES	2012-10-11
001	2010-01-01	JOSE REYES	2011-08-04

Plan Statistics for TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN

401k plan membership statisitcs for TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN

Measure Date Value
2019: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,609,869
Acturial value of plan assets 2019-12-31 1,609,869
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 3
Fundng target for terminated vested participants 2019-12-31 19,297
Active participant vested funding target 2019-12-31 1,630,473
Number of active participants 2019-12-31 10
Total funding liabilities for active participants 2019-12-31 1,631,669
Total participant count 2019-12-31 13
Total funding target for all participants 2019-12-31 1,650,966
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 2,953
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 2,953
Present value of excess contributions 2019-12-31 95,310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 100,609
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 100,609
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 103,352
Total employer contributions 2019-12-31 197,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 184,978
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 263,738
Net shortfall amortization installment of oustanding balance 2019-12-31 144,449
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 287,209
Prefunding balance elected to use to offset funding requirement 2019-12-31 102,231
Additional cash requirement 2019-12-31 184,978
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 184,978
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 1,624,701
Acturial value of plan assets 2018-12-31 1,624,701
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 2
Fundng target for terminated vested participants 2018-12-31 14,298
Active participant vested funding target 2018-12-31 1,276,401
Number of active participants 2018-12-31 7
Total funding liabilities for active participants 2018-12-31 1,276,401
Total participant count 2018-12-31 9
Total funding target for all participants 2018-12-31 1,290,699
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 205,589
Prefunding balanced used to offset prior years funding requirement 2018-12-31 203,443
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 2,146
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 2,953
Total employer contributions 2018-12-31 100,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 95,310
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 257,279
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 95,310
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,157,985
Acturial value of plan assets 2017-12-31 1,157,985
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 2
Fundng target for terminated vested participants 2017-12-31 13,139
Active participant vested funding target 2017-12-31 938,485
Number of active participants 2017-12-31 7
Total funding liabilities for active participants 2017-12-31 939,211
Total participant count 2017-12-31 9
Total funding target for all participants 2017-12-31 952,350
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 60,199
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 60,199
Present value of excess contributions 2017-12-31 185,833
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 196,871
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 196,871
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 52,450
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 205,589
Total employer contributions 2017-12-31 51,406
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 47,835
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 251,324
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 251,278
Prefunding balance elected to use to offset funding requirement 2017-12-31 203,443
Additional cash requirement 2017-12-31 47,835
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 47,835
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 946,037
Acturial value of plan assets 2016-12-31 946,037
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 2
Fundng target for terminated vested participants 2016-12-31 12,055
Active participant vested funding target 2016-12-31 628,334
Number of active participants 2016-12-31 6
Total funding liabilities for active participants 2016-12-31 628,666
Total participant count 2016-12-31 8
Total funding target for all participants 2016-12-31 640,721
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 30,954
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 30,954
Present value of excess contributions 2016-12-31 18,294
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 19,423
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 19,423
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 60,199
Total employer contributions 2016-12-31 200,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 185,833
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 75,150
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 185,833
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2019: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,609,869
Acturial value of plan assets	2019-12-31	1,609,869
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	3
Fundng target for terminated vested participants	2019-12-31	19,297
Active participant vested funding target	2019-12-31	1,630,473
Number of active participants	2019-12-31	10
Total funding liabilities for active participants	2019-12-31	1,631,669
Total participant count	2019-12-31	13
Total funding target for all participants	2019-12-31	1,650,966
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	2,953
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	2,953
Present value of excess contributions	2019-12-31	95,310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	100,609
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	100,609
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	103,352
Total employer contributions	2019-12-31	197,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	184,978
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	263,738
Net shortfall amortization installment of oustanding balance	2019-12-31	144,449
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	287,209
Prefunding balance elected to use to offset funding requirement	2019-12-31	102,231
Additional cash requirement	2019-12-31	184,978
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	184,978
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	1,624,701
Acturial value of plan assets	2018-12-31	1,624,701
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	2
Fundng target for terminated vested participants	2018-12-31	14,298
Active participant vested funding target	2018-12-31	1,276,401
Number of active participants	2018-12-31	7
Total funding liabilities for active participants	2018-12-31	1,276,401
Total participant count	2018-12-31	9
Total funding target for all participants	2018-12-31	1,290,699
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	205,589
Prefunding balanced used to offset prior years funding requirement	2018-12-31	203,443
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	2,146
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	2,953
Total employer contributions	2018-12-31	100,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	95,310
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	257,279
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	95,310
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,157,985
Acturial value of plan assets	2017-12-31	1,157,985
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	2
Fundng target for terminated vested participants	2017-12-31	13,139
Active participant vested funding target	2017-12-31	938,485
Number of active participants	2017-12-31	7
Total funding liabilities for active participants	2017-12-31	939,211
Total participant count	2017-12-31	9
Total funding target for all participants	2017-12-31	952,350
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	60,199
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	60,199
Present value of excess contributions	2017-12-31	185,833
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	196,871
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	196,871
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	52,450
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	205,589
Total employer contributions	2017-12-31	51,406
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	47,835
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	251,324
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	251,278
Prefunding balance elected to use to offset funding requirement	2017-12-31	203,443
Additional cash requirement	2017-12-31	47,835
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	47,835
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: TEXAS HEALTHNET MEDICAL CLINIC, LLC PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	946,037
Acturial value of plan assets	2016-12-31	946,037
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	2
Fundng target for terminated vested participants	2016-12-31	12,055
Active participant vested funding target	2016-12-31	628,334
Number of active participants	2016-12-31	6
Total funding liabilities for active participants	2016-12-31	628,666
Total participant count	2016-12-31	8
Total funding target for all participants	2016-12-31	640,721
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	30,954
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	30,954
Present value of excess contributions	2016-12-31	18,294
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	19,423
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	19,423
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	60,199
Total employer contributions	2016-12-31	200,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	185,833
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	75,150
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	185,833
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	TEXAS HEALTHNET MEDICAL CLINIC, LLC
Employer identification number (EIN):	830398176
NAIC Classification:	621399
NAIC Description:	Offices of All Other Miscellaneous Health Practitioners