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LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN 401k Plan overview

Plan NameLINDA ANN SMITH, MD, LLC CASH BALANCE PLAN
Plan identification number 002

LINDA ANN SMITH, MD, LLC CASH BALANCE 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).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Plan covering Self-Employed individuals.

401k Sponsoring company profile

LINDA ANN SMITH, MD, has sponsored the creation of one or more 401k plans.

Company Name:LINDA ANN SMITH, MD,
Employer identification number (EIN):200862554
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01HAROLD FIELD2021-07-19 HAROLD FIELD2021-07-19
0022019-01-01HAROLD FIELD2020-10-03 HAROLD FIELD2020-10-03
0022018-01-01HAROLD FIELD2019-09-30 HAROLD FIELD2019-09-30
0022017-01-01HAROLD FIELD2018-10-12 HAROLD FIELD2018-10-12
0022016-01-01HAROLD FIELD2017-10-04 HAROLD FIELD2017-10-04
0022016-01-01HAROLD FIELD2018-10-12 HAROLD FIELD2018-10-12
0022015-01-01HAROLD FIELD2016-10-13 HAROLD FIELD2016-10-13
0022014-01-01HAROLD FIELD2015-09-15
0022013-01-01HAROLD FIELD2014-09-27

Plan Statistics for LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN

401k plan membership statisitcs for LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN

Measure Date Value
2019: LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-311,441,826
Acturial value of plan assets2019-12-311,441,826
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-3114
Fundng target for terminated vested participants2019-12-311,402,913
Active participant vested funding target2019-12-313,772
Number of active participants2019-12-311
Total funding liabilities for active participants2019-12-313,772
Total participant count2019-12-3116
Total funding target for all participants2019-12-311,406,685
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 contributions2019-12-31900
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31900
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 contributions2019-12-310
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 date2019-12-310
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 cost2019-12-31235
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-311,203,079
Acturial value of plan assets2018-12-311,203,079
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-317
Fundng target for terminated vested participants2018-12-3112,344
Active participant vested funding target2018-12-311,338,053
Number of active participants2018-12-3110
Total funding liabilities for active participants2018-12-311,342,626
Total participant count2018-12-3117
Total funding target for all participants2018-12-311,354,970
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 contributions2018-12-31225
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31225
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 contributions2018-12-31156,139
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 date2018-12-31146,178
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 cost2018-12-31120,449
Net shortfall amortization installment of oustanding balance2018-12-31151,891
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31145,278
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31145,278
Contributions allocatedtoward minimum required contributions for current year2018-12-31146,178
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-311,089,612
Acturial value of plan assets2017-12-311,089,612
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-317
Fundng target for terminated vested participants2017-12-3110,175
Active participant vested funding target2017-12-311,081,127
Number of active participants2017-12-317
Total funding liabilities for active participants2017-12-311,081,127
Total participant count2017-12-3114
Total funding target for all participants2017-12-311,091,302
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 contributions2017-12-3174,726
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3174,726
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 contributions2017-12-31201,040
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 date2017-12-31194,843
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 cost2017-12-31194,340
Net shortfall amortization installment of oustanding balance2017-12-311,690
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31194,618
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31194,618
Contributions allocatedtoward minimum required contributions for current year2017-12-31194,843
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: LINDA ANN SMITH, MD, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31862,934
Acturial value of plan assets2016-12-31862,934
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-316
Fundng target for terminated vested participants2016-12-318,275
Active participant vested funding target2016-12-31775,654
Number of active participants2016-12-3110
Total funding liabilities for active participants2016-12-31775,879
Total participant count2016-12-3116
Total funding target for all participants2016-12-31784,154
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 contributions2016-12-3171,416
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3171,416
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 contributions2016-12-31135,431
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 date2016-12-31130,893
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 cost2016-12-31154,368
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3175,588
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3175,588
Contributions allocatedtoward minimum required contributions for current year2016-12-31130,893
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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