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MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameMARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN
Plan identification number 002

MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION
Employer identification number (EIN):954870257
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-02-01MARTIN I. SCHUSTER, M.D.2024-11-11
0022022-02-01MARTIN I. SCHUSTER, M.D.2023-11-10
0022021-02-01MARTIN I. SCHUSTER, M.D.2022-11-15
0022020-02-01MARTIN I. SCHUSTER, M.D.2021-11-15
0022020-02-01MARTIN I. SCHUSTER, M.D.2022-11-15
0022019-02-01MARTIN I. SCHUSTER, M.D.2020-11-16
0022017-02-01MARTIN I. SCHUSTER, M.D.
0022016-02-01
0022015-02-01MARTIN I. SCHUSTER, M.D.2016-11-11

Plan Statistics for MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year2023-02-014
Total number of active participants reported on line 7a of the Form 55002023-02-013
Number of retired or separated participants receiving benefits2023-02-011
Number of other retired or separated participants entitled to future benefits2023-02-010
Total of all active and inactive participants2023-02-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-02-010
Total participants2023-02-014
Number of participants with account balances2023-02-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-02-011
2022: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-02-014
Total number of active participants reported on line 7a of the Form 55002022-02-014
Number of retired or separated participants receiving benefits2022-02-010
Number of other retired or separated participants entitled to future benefits2022-02-010
Total of all active and inactive participants2022-02-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-02-010
Total participants2022-02-014
Number of participants with account balances2022-02-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-02-010
2021: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-02-014
Total number of active participants reported on line 7a of the Form 55002021-02-014
Number of retired or separated participants receiving benefits2021-02-010
Number of other retired or separated participants entitled to future benefits2021-02-010
Total of all active and inactive participants2021-02-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-02-010
Total participants2021-02-014
Number of participants with account balances2021-02-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-02-010
2020: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-02-014
Total number of active participants reported on line 7a of the Form 55002020-02-014
Number of retired or separated participants receiving benefits2020-02-010
Number of other retired or separated participants entitled to future benefits2020-02-010
Total of all active and inactive participants2020-02-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-02-010
Total participants2020-02-014
Number of participants with account balances2020-02-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-02-010
2019: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-02-016
Total number of active participants reported on line 7a of the Form 55002019-02-013
Number of retired or separated participants receiving benefits2019-02-010
Number of other retired or separated participants entitled to future benefits2019-02-010
Total of all active and inactive participants2019-02-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-02-010
Total participants2019-02-013
Number of participants with account balances2019-02-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-02-010
2017: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-02-015
Total number of active participants reported on line 7a of the Form 55002017-02-012
Number of retired or separated participants receiving benefits2017-02-010
Number of other retired or separated participants entitled to future benefits2017-02-013
Total of all active and inactive participants2017-02-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-02-010
Total participants2017-02-015
Number of participants with account balances2017-02-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-02-011
2016: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-02-015
Total number of active participants reported on line 7a of the Form 55002016-02-013
Number of retired or separated participants receiving benefits2016-02-010
Number of other retired or separated participants entitled to future benefits2016-02-012
Total of all active and inactive participants2016-02-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-02-010
Total participants2016-02-015
Number of participants with account balances2016-02-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-02-012

Financial Data on MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2024 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2024 401k financial data
Transfers to/from the plan2024-01-31$0
Total plan liabilities at end of year2024-01-31$0
Total plan liabilities at beginning of year2024-01-31$0
Total income from all sources2024-01-31$1,708,901
Expenses. Total of all expenses incurred2024-01-31$39,166
Benefits paid (including direct rollovers)2024-01-31$0
Total plan assets at end of year2024-01-31$9,477,266
Total plan assets at beginning of year2024-01-31$7,807,531
Value of fidelity bond covering the plan2024-01-31$1,625,000
Total contributions received or receivable from participants2024-01-31$33,571
Expenses. Other expenses not covered elsewhere2024-01-31$22,316
Contributions received from other sources (not participants or employers)2024-01-31$0
Other income received2024-01-31$1,620,817
Noncash contributions received2024-01-31$0
Net income (gross income less expenses)2024-01-31$1,669,735
Net plan assets at end of year (total assets less liabilities)2024-01-31$9,477,266
Net plan assets at beginning of year (total assets less liabilities)2024-01-31$7,807,531
Assets. Value of assets in partnership/joint-venture interests2024-01-31$1,666,137
Assets. Value of real-estate (other than employer real property)2024-01-31$703,064
Total contributions received or receivable from employer(s)2024-01-31$54,513
Value of certain deemed distributions of participant loans2024-01-31$0
Value of corrective distributions2024-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2024-01-31$16,850
2023 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2023 401k financial data
Transfers to/from the plan2023-01-31$0
Total plan liabilities at end of year2023-01-31$0
Total plan liabilities at beginning of year2023-01-31$0
Total income from all sources2023-01-31$-344,072
Expenses. Total of all expenses incurred2023-01-31$36,826
Benefits paid (including direct rollovers)2023-01-31$0
Total plan assets at end of year2023-01-31$7,807,531
Total plan assets at beginning of year2023-01-31$8,188,429
Value of fidelity bond covering the plan2023-01-31$1,625,000
Total contributions received or receivable from participants2023-01-31$34,950
Expenses. Other expenses not covered elsewhere2023-01-31$14,913
Contributions received from other sources (not participants or employers)2023-01-31$0
Other income received2023-01-31$-432,012
Noncash contributions received2023-01-31$0
Net income (gross income less expenses)2023-01-31$-380,898
Net plan assets at end of year (total assets less liabilities)2023-01-31$7,807,531
Net plan assets at beginning of year (total assets less liabilities)2023-01-31$8,188,429
Assets. Value of assets in partnership/joint-venture interests2023-01-31$1,949,105
Assets. Value of real-estate (other than employer real property)2023-01-31$720,000
Total contributions received or receivable from employer(s)2023-01-31$52,990
Value of certain deemed distributions of participant loans2023-01-31$0
Value of corrective distributions2023-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-01-31$21,913
2022 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan2022-01-31$0
Total plan liabilities at end of year2022-01-31$0
Total plan liabilities at beginning of year2022-01-31$0
Total income from all sources2022-01-31$408,727
Expenses. Total of all expenses incurred2022-01-31$22,528
Benefits paid (including direct rollovers)2022-01-31$0
Total plan assets at end of year2022-01-31$8,188,429
Total plan assets at beginning of year2022-01-31$7,802,230
Value of fidelity bond covering the plan2022-01-31$1,625,000
Total contributions received or receivable from participants2022-01-31$30,800
Assets. Value of loans (other than to participants)2022-01-31$31,031
Expenses. Other expenses not covered elsewhere2022-01-31$15,730
Contributions received from other sources (not participants or employers)2022-01-31$0
Other income received2022-01-31$329,141
Noncash contributions received2022-01-31$0
Net income (gross income less expenses)2022-01-31$386,199
Net plan assets at end of year (total assets less liabilities)2022-01-31$8,188,429
Net plan assets at beginning of year (total assets less liabilities)2022-01-31$7,802,230
Assets. Value of assets in partnership/joint-venture interests2022-01-31$1,683,856
Assets. Value of real-estate (other than employer real property)2022-01-31$630,500
Total contributions received or receivable from employer(s)2022-01-31$48,786
Value of certain deemed distributions of participant loans2022-01-31$0
Value of corrective distributions2022-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-01-31$6,798
2021 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan2021-01-31$0
Total plan liabilities at end of year2021-01-31$0
Total plan liabilities at beginning of year2021-01-31$0
Total income from all sources2021-01-31$1,499,702
Expenses. Total of all expenses incurred2021-01-31$14,692
Benefits paid (including direct rollovers)2021-01-31$0
Total plan assets at end of year2021-01-31$7,804,329
Total plan assets at beginning of year2021-01-31$6,319,319
Value of fidelity bond covering the plan2021-01-31$1,616,088
Total contributions received or receivable from participants2021-01-31$29,200
Assets. Value of loans (other than to participants)2021-01-31$68,041
Expenses. Other expenses not covered elsewhere2021-01-31$14,692
Contributions received from other sources (not participants or employers)2021-01-31$0
Other income received2021-01-31$1,423,981
Noncash contributions received2021-01-31$0
Net income (gross income less expenses)2021-01-31$1,485,010
Net plan assets at end of year (total assets less liabilities)2021-01-31$7,804,329
Net plan assets at beginning of year (total assets less liabilities)2021-01-31$6,319,319
Assets. Value of assets in partnership/joint-venture interests2021-01-31$1,990,395
Assets. Value of real-estate (other than employer real property)2021-01-31$647,708
Total contributions received or receivable from employer(s)2021-01-31$46,521
Value of certain deemed distributions of participant loans2021-01-31$0
Value of corrective distributions2021-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-01-31$0
2020 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan2020-01-31$0
Total plan liabilities at end of year2020-01-31$0
Total plan liabilities at beginning of year2020-01-31$0
Total income from all sources2020-01-31$650,419
Expenses. Total of all expenses incurred2020-01-31$23,735
Benefits paid (including direct rollovers)2020-01-31$4,632
Total plan assets at end of year2020-01-31$6,319,319
Total plan assets at beginning of year2020-01-31$5,692,635
Value of fidelity bond covering the plan2020-01-31$1,616,088
Total contributions received or receivable from participants2020-01-31$0
Assets. Value of loans (other than to participants)2020-01-31$169,393
Expenses. Other expenses not covered elsewhere2020-01-31$18,171
Contributions received from other sources (not participants or employers)2020-01-31$0
Other income received2020-01-31$587,248
Noncash contributions received2020-01-31$0
Net income (gross income less expenses)2020-01-31$626,684
Net plan assets at end of year (total assets less liabilities)2020-01-31$6,319,319
Net plan assets at beginning of year (total assets less liabilities)2020-01-31$5,692,635
Assets. Value of assets in partnership/joint-venture interests2020-01-31$1,612,400
Assets. Value of real-estate (other than employer real property)2020-01-31$636,639
Total contributions received or receivable from employer(s)2020-01-31$63,171
Value of certain deemed distributions of participant loans2020-01-31$0
Value of corrective distributions2020-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-01-31$932
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-01-31$0
2019 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-01-31$0
2018 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan2018-01-31$0
Total plan liabilities at end of year2018-01-31$0
Total plan liabilities at beginning of year2018-01-31$0
Total income from all sources2018-01-31$1,981,711
Expenses. Total of all expenses incurred2018-01-31$72,792
Benefits paid (including direct rollovers)2018-01-31$37,029
Total plan assets at end of year2018-01-31$4,734,736
Total plan assets at beginning of year2018-01-31$2,825,817
Value of fidelity bond covering the plan2018-01-31$1,625,000
Total contributions received or receivable from participants2018-01-31$0
Assets. Value of loans (other than to participants)2018-01-31$748,860
Expenses. Other expenses not covered elsewhere2018-01-31$34,215
Contributions received from other sources (not participants or employers)2018-01-31$0
Other income received2018-01-31$1,921,529
Noncash contributions received2018-01-31$0
Net income (gross income less expenses)2018-01-31$1,908,919
Net plan assets at end of year (total assets less liabilities)2018-01-31$4,734,736
Net plan assets at beginning of year (total assets less liabilities)2018-01-31$2,825,817
Assets. Value of assets in partnership/joint-venture interests2018-01-31$513,783
Assets. Value of real-estate (other than employer real property)2018-01-31$353,445
Total contributions received or receivable from employer(s)2018-01-31$60,182
Value of certain deemed distributions of participant loans2018-01-31$0
Value of corrective distributions2018-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-01-31$1,548
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-01-31$0
2017 : MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan2017-01-31$0
Total plan liabilities at end of year2017-01-31$0
Total plan liabilities at beginning of year2017-01-31$0
Total income from all sources2017-01-31$2,769,909
Expenses. Total of all expenses incurred2017-01-31$0
Benefits paid (including direct rollovers)2017-01-31$0
Total plan assets at end of year2017-01-31$2,825,817
Total plan assets at beginning of year2017-01-31$55,908
Value of fidelity bond covering the plan2017-01-31$1,000,000
Total contributions received or receivable from participants2017-01-31$0
Expenses. Other expenses not covered elsewhere2017-01-31$0
Contributions received from other sources (not participants or employers)2017-01-31$2,643,882
Other income received2017-01-31$61,999
Noncash contributions received2017-01-31$0
Net income (gross income less expenses)2017-01-31$2,769,909
Net plan assets at end of year (total assets less liabilities)2017-01-31$2,825,817
Net plan assets at beginning of year (total assets less liabilities)2017-01-31$55,908
Assets. Value of assets in partnership/joint-venture interests2017-01-31$290,000
Assets. Value of real-estate (other than employer real property)2017-01-31$1,252,156
Total contributions received or receivable from employer(s)2017-01-31$64,028
Value of certain deemed distributions of participant loans2017-01-31$0
Value of corrective distributions2017-01-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-01-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-01-31$0

Form 5500 Responses for MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN

2023: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-02-01Type of plan entitySingle employer plan
2023-02-01Submission has been amendedNo
2023-02-01This submission is the final filingNo
2023-02-01This return/report is a short plan year return/report (less than 12 months)No
2023-02-01Plan is a collectively bargained planNo
2023-02-01Plan funding arrangement – TrustYes
2023-02-01Plan benefit arrangement - TrustYes
2022: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-02-01Type of plan entitySingle employer plan
2022-02-01Submission has been amendedNo
2022-02-01This submission is the final filingNo
2022-02-01This return/report is a short plan year return/report (less than 12 months)No
2022-02-01Plan is a collectively bargained planNo
2022-02-01Plan funding arrangement – TrustYes
2022-02-01Plan benefit arrangement - TrustYes
2021: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-02-01Type of plan entitySingle employer plan
2021-02-01Submission has been amendedNo
2021-02-01This submission is the final filingNo
2021-02-01This return/report is a short plan year return/report (less than 12 months)No
2021-02-01Plan is a collectively bargained planNo
2021-02-01Plan funding arrangement – TrustYes
2021-02-01Plan benefit arrangement - TrustYes
2020: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-02-01Type of plan entitySingle employer plan
2020-02-01Submission has been amendedNo
2020-02-01This submission is the final filingNo
2020-02-01This return/report is a short plan year return/report (less than 12 months)No
2020-02-01Plan is a collectively bargained planNo
2020-02-01Plan funding arrangement – TrustYes
2020-02-01Plan benefit arrangement - TrustYes
2019: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-02-01Type of plan entitySingle employer plan
2019-02-01Submission has been amendedNo
2019-02-01This submission is the final filingNo
2019-02-01This return/report is a short plan year return/report (less than 12 months)No
2019-02-01Plan is a collectively bargained planNo
2019-02-01Plan funding arrangement – TrustYes
2019-02-01Plan benefit arrangement - TrustYes
2017: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-02-01Type of plan entitySingle employer plan
2017-02-01Submission has been amendedNo
2017-02-01This submission is the final filingNo
2017-02-01This return/report is a short plan year return/report (less than 12 months)No
2017-02-01Plan is a collectively bargained planNo
2017-02-01Plan funding arrangement – TrustYes
2017-02-01Plan benefit arrangement - TrustYes
2016: MARTIN I. SCHUSTER, M.D., A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-02-01Type of plan entitySingle employer plan
2016-02-01Submission has been amendedNo
2016-02-01This submission is the final filingNo
2016-02-01This return/report is a short plan year return/report (less than 12 months)No
2016-02-01Plan is a collectively bargained planNo
2016-02-01Plan funding arrangement – TrustYes
2016-02-01Plan benefit arrangement - TrustYes

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