?>
Logo

DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 401k Plan overview

Plan NameDIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2
Plan identification number 005

DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 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

DIGESTIVE HEALTH CLINIC, LLC has sponsored the creation of one or more 401k plans.

Company Name:DIGESTIVE HEALTH CLINIC, LLC
Employer identification number (EIN):205294327
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about DIGESTIVE HEALTH CLINIC, LLC

Jurisdiction of Incorporation: Idaho Secretary Of State
Incorporation Date:
Company Identification Number: W52719

More information about DIGESTIVE HEALTH CLINIC, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0052021-01-01
0052020-01-01
0052019-01-01

Plan Statistics for DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2

401k plan membership statisitcs for DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2

Measure Date Value
2021: DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2021 401k membership
Market value of plan assets2021-06-301,690,482
Acturial value of plan assets2021-06-301,690,482
Funding target for retired participants and beneficiaries receiving payment2021-06-300
Number of terminated vested participants2021-06-309
Fundng target for terminated vested participants2021-06-3011,191
Active participant vested funding target2021-06-301,516,306
Number of active participants2021-06-3087
Total funding liabilities for active participants2021-06-301,516,306
Total participant count2021-06-3096
Total funding target for all participants2021-06-301,527,497
Balance at beginning of prior year after applicable adjustments2021-06-300
Prefunding balance at beginning of prior year after applicable adjustments2021-06-300
Carryover balanced portion elected for use to offset prior years funding requirement2021-06-300
Prefunding balanced used to offset prior years funding requirement2021-06-300
Amount remaining of carryover balance2021-06-300
Amount remaining of prefunding balance2021-06-300
Present value of excess contributions2021-06-30173,334
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-06-30183,214
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-06-300
Reductions in caryover balances due to elections or deemed elections2021-06-300
Reductions in prefunding balances due to elections or deemed elections2021-06-300
Balance of carryovers at beginning of current year2021-06-300
Balance of prefunding at beginning of current year2021-06-300
Total employer contributions2021-06-300
Total employee contributions2021-06-300
Contributions allocated toward unpaid minimum require contributions from prior years2021-06-300
Contributions made to avoid restrictions adjusted to valuation date2021-06-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-06-300
Unpaid minimum required contributions for all prior years2021-06-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-06-300
Remaining amount of unpaid minimum required contributions2021-06-300
Minimum required contributions for current year target normal cost2021-06-300
Net shortfall amortization installment of oustanding balance2021-06-300
Waiver amortization installment2021-06-300
Total funding amount beforereflecting carryover/prefunding balances2021-06-300
Carryover balance elected to use to offset funding requirement2021-06-300
Prefunding balance elected to use to offset funding requirement2021-06-300
Additional cash requirement2021-06-300
Contributions allocatedtoward minimum required contributions for current year2021-06-300
Unpaid minimum required contributions for current year2021-06-300
Unpaid minimum required contributions for all years2021-06-300
Total participants, beginning-of-year2021-01-0196
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2020 401k membership
Market value of plan assets2020-12-31973,005
Acturial value of plan assets2020-12-31973,005
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-319
Fundng target for terminated vested participants2020-12-318,880
Active participant vested funding target2020-12-31761,056
Number of active participants2020-12-3175
Total funding liabilities for active participants2020-12-31761,056
Total participant count2020-12-3184
Total funding target for all participants2020-12-31769,936
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 contributions2020-12-3187,563
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3187,563
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
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 contributions2020-12-31706,576
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 date2020-12-31717,463
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 cost2020-12-31747,198
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31544,129
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31544,129
Contributions allocatedtoward minimum required contributions for current year2020-12-31717,463
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-0175
Total number of active participants reported on line 7a of the Form 55002020-01-0175
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-019
Total of all active and inactive participants2020-01-0184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-011
2019: DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 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 participants2019-12-314
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-310
Number of active participants2019-12-3165
Total funding liabilities for active participants2019-12-310
Total participant count2019-12-3169
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 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 contributions2019-12-31822,308
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 date2019-12-31821,394
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 cost2019-12-31733,831
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31733,831
Additional cash requirement2019-12-31733,831
Contributions allocatedtoward minimum required contributions for current year2019-12-31821,394
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0181
Total number of active participants reported on line 7a of the Form 55002019-01-0165
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-014
Total of all active and inactive participants2019-01-0169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0112

Financial Data on DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2

Measure Date Value
2021 : DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2021 401k financial data
Transfers to/from the plan2021-12-31$-29,744
Total income from all sources2021-12-31$110,139
Expenses. Total of all expenses incurred2021-12-31$1,771,878
Benefits paid (including direct rollovers)2021-12-31$1,735,769
Total plan assets at end of year2021-12-31$0
Total plan assets at beginning of year2021-12-31$1,691,483
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$110,139
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$-1,661,739
Net plan assets at end of year (total assets less liabilities)2021-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,691,483
Total contributions received or receivable from employer(s)2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$36,109
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2020 401k financial data
Total income from all sources2020-12-31$869,175
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$1,691,483
Total plan assets at beginning of year2020-12-31$822,308
Value of fidelity bond covering the plan2020-12-31$500,000
Other income received2020-12-31$162,600
Net income (gross income less expenses)2020-12-31$869,175
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,691,483
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$822,308
Total contributions received or receivable from employer(s)2020-12-31$706,575
2019 : DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2019 401k financial data
Total income from all sources2019-12-31$822,308
Expenses. Total of all expenses incurred2019-12-31$0
Total plan assets at end of year2019-12-31$822,308
Total plan assets at beginning of year2019-12-31$0
Value of fidelity bond covering the plan2019-12-31$500,000
Net income (gross income less expenses)2019-12-31$822,308
Net plan assets at end of year (total assets less liabilities)2019-12-31$822,308
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$0
Total contributions received or receivable from employer(s)2019-12-31$822,308

Form 5500 Responses for DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2

2021: DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingYes
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: DIGESTIVE HEALTH CLINIC, LLC CASH BALANCE PLAN #2 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01First time form 5500 has been submittedYes
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3