PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 401k Plan overview

PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN Benefits

401k Sponsoring company profile

Company Name:	PHILIP M. STERN & CO.
Employer identification number (EIN):	261449853
NAIC Classification:	541211
NAIC Description:	Offices of Certified Public Accountants

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01
001	2013-01-01

Plan Statistics for PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN

Measure	Date	Value
2022: PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	1,123,569
Acturial value of plan assets	2022-12-31	1,123,569
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	7,732
Active participant vested funding target	2022-12-31	991,612
Number of active participants	2022-12-31	21
Total funding liabilities for active participants	2022-12-31	1,053,055
Total participant count	2022-12-31	23
Total funding target for all participants	2022-12-31	1,060,787
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	94,449
Amount remaining of prefunding balance	2022-12-31	94,449
Present value of excess contributions	2022-12-31	24,257
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	25,521
Balance of prefunding at beginning of current year	2022-12-31	95,582
Minimum required contributions for current year target normal cost	2022-12-31	48,817
Net shortfall amortization installment of oustanding balance	2022-12-31	57,229
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	67,446
Prefunding balance elected to use to offset funding requirement	2022-12-31	67,446
2021: PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,007,017
Acturial value of plan assets	2021-12-31	1,007,017
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	8,770
Active participant vested funding target	2021-12-31	992,514
Number of active participants	2021-12-31	19
Total funding liabilities for active participants	2021-12-31	1,068,121
Total participant count	2021-12-31	21
Total funding target for all participants	2021-12-31	1,076,891
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	94,449
Amount remaining of prefunding balance	2021-12-31	94,449
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	94,449
Total employer contributions	2021-12-31	100,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	92,460
Minimum required contributions for current year target normal cost	2021-12-31	41,850
Net shortfall amortization installment of oustanding balance	2021-12-31	164,323
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	68,203
Additional cash requirement	2021-12-31	68,203
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	92,460
2020: PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	991,085
Acturial value of plan assets	2020-12-31	991,085
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	774,760
Number of active participants	2020-12-31	13
Total funding liabilities for active participants	2020-12-31	825,075
Total participant count	2020-12-31	13
Total funding target for all participants	2020-12-31	825,075
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	91,132
Amount remaining of prefunding balance	2020-12-31	91,132
Present value of excess contributions	2020-12-31	36,670
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	38,870
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	94,449
Minimum required contributions for current year target normal cost	2020-12-31	61,238
2019: PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	858,062
Acturial value of plan assets	2019-12-31	858,062
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	667,305
Number of active participants	2019-12-31	13
Total funding liabilities for active participants	2019-12-31	708,947
Total participant count	2019-12-31	13
Total funding target for all participants	2019-12-31	708,947
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	91,132
Amount remaining of prefunding balance	2019-12-31	91,132
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	91,132
Total employer contributions	2019-12-31	100,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	91,463
Minimum required contributions for current year target normal cost	2019-12-31	54,793
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	54,793
Additional cash requirement	2019-12-31	54,793
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	91,463
2018: PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	837,539
Acturial value of plan assets	2018-12-31	837,539
Active participant vested funding target	2018-12-31	525,758
Number of active participants	2018-12-31	8
Total funding liabilities for active participants	2018-12-31	616,467
Total participant count	2018-12-31	8
Total funding target for all participants	2018-12-31	616,467
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	91,132
Amount remaining of prefunding balance	2018-12-31	91,132
Present value of excess contributions	2018-12-31	86,273
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	91,743
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	91,132
Minimum required contributions for current year target normal cost	2018-12-31	243
2017: PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	623,330
Acturial value of plan assets	2017-12-31	623,330
Active participant vested funding target	2017-12-31	309,821
Number of active participants	2017-12-31	7
Total funding liabilities for active participants	2017-12-31	521,860
Total participant count	2017-12-31	7
Total funding target for all participants	2017-12-31	521,860
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	80,109
Amount remaining of prefunding balance	2017-12-31	80,109
Present value of excess contributions	2017-12-31	116,832
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	124,484
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	91,132
Total employer contributions	2017-12-31	200,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	188,203
Minimum required contributions for current year target normal cost	2017-12-31	112,268
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	101,930
Additional cash requirement	2017-12-31	101,930
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	188,203
2016: PHILLIP M. STERN & CO. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	360,020
Acturial value of plan assets	2016-12-31	360,020
Active participant vested funding target	2016-12-31	103,197
Number of active participants	2016-12-31	4
Total funding liabilities for active participants	2016-12-31	257,993
Total participant count	2016-12-31	4
Total funding target for all participants	2016-12-31	257,993
Present value of excess contributions	2016-12-31	153,142
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	163,341
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	163,341
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	83,232
Balance of prefunding at beginning of current year	2016-12-31	80,109
Total employer contributions	2016-12-31	200,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	180,312
Minimum required contributions for current year target normal cost	2016-12-31	63,480
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	63,480
Additional cash requirement	2016-12-31	63,480
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	180,312

Potentially related plans

• PHILLIP M. EDDINGS PROFIT SHARING PLAN [EIN = 582052022]
• PHILLIP M. ARONOFF, MD, PA 401(K) PROFIT SHARING PLAN [EIN = 204888676]
• PHILLIP M. BLUME CLU, INSURANCE AGENCY, INC. PROFIT SHARING PLAN [EIN = 362839880]
• PHILLIP M. CUNNINGHAM, A LAW CORP. PROFIT SHARING PLAN [EIN = 942765098]
• PHILLIP M. JENSEN, D.M.D., P.C. 401(K) PROFIT SHARING PLAN [EIN = 364185840]
• PHILLIP M. WENGER SELF EMPLOYED RETIREMENT PROFIT SHARING PLAN [EIN = 942984977]
• PHILLIP M. SIMS PROFIT SHARING PLAN [EIN = 942472284]
• PHILLIP M. ALLISON, DDS, PA PROFIT SHARING PLAN [EIN = 752907971]
• PHILLIP M. MILLSPAUGH, ASP PROFIT SHARING PLAN [EIN = 941262975]
• PHILLIP M. JENSEN,D.M.D., P.C. 401(K) PROFIT SHARING PLAN [EIN = 364185840]
• PHILLIP M. SEIM DDS, APC. DEFINED BENEFIT PENSION PLAN [EIN = 202079281]

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