401k Plan data: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN plan

OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 401k Plan overview

Plan Name	OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN
Plan identification number	004

OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE 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).
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC has sponsored the creation of one or more 401k plans.

Company Name: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC

Employer identification number (EIN): 450466456

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
004 2019-01-01 SUNIL PATEL 2020-01-28
004 2018-01-01 SUNIL PATEL 2019-07-02
004 2017-01-01 SUNIL PATEL 2018-05-07
004 2016-01-01 SUNIL PATEL 2017-07-17
004 2015-01-01 SUNIL PATEL 2016-07-26
004 2014-01-01 SUNIL PATEL 2015-07-27
004 2013-01-01 SUNIL PATEL 2014-10-10
004 2012-01-01 SUNIL PATEL
004 2011-01-01 SUNIL PATEL

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
004	2019-01-01	SUNIL PATEL	2020-01-28
004	2018-01-01	SUNIL PATEL	2019-07-02
004	2017-01-01	SUNIL PATEL	2018-05-07
004	2016-01-01	SUNIL PATEL	2017-07-17
004	2015-01-01	SUNIL PATEL	2016-07-26
004	2014-01-01	SUNIL PATEL	2015-07-27
004	2013-01-01	SUNIL PATEL	2014-10-10
004	2012-01-01	SUNIL PATEL
004	2011-01-01	SUNIL PATEL

Plan Statistics for OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN

401k plan membership statisitcs for OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN

Measure Date Value
2019: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-11-19 2,285,176
Acturial value of plan assets 2019-11-19 2,285,176
Funding target for retired participants and beneficiaries receiving payment 2019-11-19 0
Number of terminated vested participants 2019-11-19 25
Fundng target for terminated vested participants 2019-11-19 21,339
Active participant vested funding target 2019-11-19 1,703,911
Number of active participants 2019-11-19 62
Total funding liabilities for active participants 2019-11-19 1,709,911
Total participant count 2019-11-19 87
Total funding target for all participants 2019-11-19 1,731,250
Balance at beginning of prior year after applicable adjustments 2019-11-19 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-11-19 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-11-19 0
Prefunding balanced used to offset prior years funding requirement 2019-11-19 0
Amount remaining of carryover balance 2019-11-19 0
Amount remaining of prefunding balance 2019-11-19 0
Present value of excess contributions 2019-11-19 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-11-19 0
Reductions in caryover balances due to elections or deemed elections 2019-11-19 0
Reductions in prefunding balances due to elections or deemed elections 2019-11-19 0
Balance of carryovers at beginning of current year 2019-11-19 0
Balance of prefunding at beginning of current year 2019-11-19 0
Total employer contributions 2019-11-19 0
Total employee contributions 2019-11-19 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-11-19 0
Contributions made to avoid restrictions adjusted to valuation date 2019-11-19 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-11-19 0
Unpaid minimum required contributions for all prior years 2019-11-19 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-11-19 0
Remaining amount of unpaid minimum required contributions 2019-11-19 0
Minimum required contributions for current year target normal cost 2019-11-19 0
Net shortfall amortization installment of oustanding balance 2019-11-19 0
Waiver amortization installment 2019-11-19 0
Total funding amount beforereflecting carryover/prefunding balances 2019-11-19 0
Carryover balance elected to use to offset funding requirement 2019-11-19 0
Prefunding balance elected to use to offset funding requirement 2019-11-19 0
Additional cash requirement 2019-11-19 0
Contributions allocatedtoward minimum required contributions for current year 2019-11-19 0
Unpaid minimum required contributions for current year 2019-11-19 0
Unpaid minimum required contributions for all years 2019-11-19 0
2018: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,014,207
Acturial value of plan assets 2018-12-31 2,014,207
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 20
Fundng target for terminated vested participants 2018-12-31 24,271
Active participant vested funding target 2018-12-31 1,549,583
Number of active participants 2018-12-31 71
Total funding liabilities for active participants 2018-12-31 1,550,033
Total participant count 2018-12-31 91
Total funding target for all participants 2018-12-31 1,574,304
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 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
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
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 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 0
Total employer contributions 2018-12-31 0
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 0
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 0
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
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,707,931
Acturial value of plan assets 2017-12-31 1,707,931
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 27
Fundng target for terminated vested participants 2017-12-31 18,393
Active participant vested funding target 2017-12-31 1,403,940
Number of active participants 2017-12-31 76
Total funding liabilities for active participants 2017-12-31 1,403,940
Total participant count 2017-12-31 103
Total funding target for all participants 2017-12-31 1,422,333
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 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 465,300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 494,707
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
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 0
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 25,643
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 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 829,198
Acturial value of plan assets 2016-12-31 829,198
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 15
Fundng target for terminated vested participants 2016-12-31 5,806
Active participant vested funding target 2016-12-31 1,004,355
Number of active participants 2016-12-31 85
Total funding liabilities for active participants 2016-12-31 1,006,612
Total participant count 2016-12-31 100
Total funding target for all participants 2016-12-31 1,012,418
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 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 95
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 101
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
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 0
Total employer contributions 2016-12-31 850,000
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 2016-12-31 793,515
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 2016-12-31 296,770
Net shortfall amortization installment of oustanding balance 2016-12-31 183,220
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 328,215
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 328,215
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 793,515
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2012: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 45
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 49
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 5
Total of all active and inactive participants 2012-01-01 54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 5
2011: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 32
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 44
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 1
Total of all active and inactive participants 2011-01-01 45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2019: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-11-19	2,285,176
Acturial value of plan assets	2019-11-19	2,285,176
Funding target for retired participants and beneficiaries receiving payment	2019-11-19	0
Number of terminated vested participants	2019-11-19	25
Fundng target for terminated vested participants	2019-11-19	21,339
Active participant vested funding target	2019-11-19	1,703,911
Number of active participants	2019-11-19	62
Total funding liabilities for active participants	2019-11-19	1,709,911
Total participant count	2019-11-19	87
Total funding target for all participants	2019-11-19	1,731,250
Balance at beginning of prior year after applicable adjustments	2019-11-19	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-11-19	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-11-19	0
Prefunding balanced used to offset prior years funding requirement	2019-11-19	0
Amount remaining of carryover balance	2019-11-19	0
Amount remaining of prefunding balance	2019-11-19	0
Present value of excess contributions	2019-11-19	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-11-19	0
Reductions in caryover balances due to elections or deemed elections	2019-11-19	0
Reductions in prefunding balances due to elections or deemed elections	2019-11-19	0
Balance of carryovers at beginning of current year	2019-11-19	0
Balance of prefunding at beginning of current year	2019-11-19	0
Total employer contributions	2019-11-19	0
Total employee contributions	2019-11-19	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-11-19	0
Contributions made to avoid restrictions adjusted to valuation date	2019-11-19	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-11-19	0
Unpaid minimum required contributions for all prior years	2019-11-19	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-11-19	0
Remaining amount of unpaid minimum required contributions	2019-11-19	0
Minimum required contributions for current year target normal cost	2019-11-19	0
Net shortfall amortization installment of oustanding balance	2019-11-19	0
Waiver amortization installment	2019-11-19	0
Total funding amount beforereflecting carryover/prefunding balances	2019-11-19	0
Carryover balance elected to use to offset funding requirement	2019-11-19	0
Prefunding balance elected to use to offset funding requirement	2019-11-19	0
Additional cash requirement	2019-11-19	0
Contributions allocatedtoward minimum required contributions for current year	2019-11-19	0
Unpaid minimum required contributions for current year	2019-11-19	0
Unpaid minimum required contributions for all years	2019-11-19	0
2018: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,014,207
Acturial value of plan assets	2018-12-31	2,014,207
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	20
Fundng target for terminated vested participants	2018-12-31	24,271
Active participant vested funding target	2018-12-31	1,549,583
Number of active participants	2018-12-31	71
Total funding liabilities for active participants	2018-12-31	1,550,033
Total participant count	2018-12-31	91
Total funding target for all participants	2018-12-31	1,574,304
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	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
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
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	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	0
Total employer contributions	2018-12-31	0
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	0
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	0
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
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,707,931
Acturial value of plan assets	2017-12-31	1,707,931
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	27
Fundng target for terminated vested participants	2017-12-31	18,393
Active participant vested funding target	2017-12-31	1,403,940
Number of active participants	2017-12-31	76
Total funding liabilities for active participants	2017-12-31	1,403,940
Total participant count	2017-12-31	103
Total funding target for all participants	2017-12-31	1,422,333
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	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	465,300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	494,707
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
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	0
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	25,643
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	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	829,198
Acturial value of plan assets	2016-12-31	829,198
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	15
Fundng target for terminated vested participants	2016-12-31	5,806
Active participant vested funding target	2016-12-31	1,004,355
Number of active participants	2016-12-31	85
Total funding liabilities for active participants	2016-12-31	1,006,612
Total participant count	2016-12-31	100
Total funding target for all participants	2016-12-31	1,012,418
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	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	95
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	101
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
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	0
Total employer contributions	2016-12-31	850,000
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	793,515
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	296,770
Net shortfall amortization installment of oustanding balance	2016-12-31	183,220
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	328,215
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	328,215
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	793,515
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2012: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	45
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	49
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	5
Total of all active and inactive participants	2012-01-01	54
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	54
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	5
2011: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	32
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	44
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	1
Total of all active and inactive participants	2011-01-01	45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN

Measure	Date	Value
2012 : OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$154,428
Expenses. Total of all expenses incurred	2012-12-31	$150
Benefits paid (including direct rollovers)	2012-12-31	$0
Total plan assets at end of year	2012-12-31	$271,897
Total plan assets at beginning of year	2012-12-31	$117,619
Total contributions received or receivable from participants	2012-12-31	$0
Expenses. Other expenses not covered elsewhere	2012-12-31	$150
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$4,928
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$154,278
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$271,897
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$117,619
Total contributions received or receivable from employer(s)	2012-12-31	$149,500
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$0
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$117,619
Expenses. Total of all expenses incurred	2011-12-31	$0
Benefits paid (including direct rollovers)	2011-12-31	$0
Total plan assets at end of year	2011-12-31	$117,619
Total plan assets at beginning of year	2011-12-31	$0
Total contributions received or receivable from participants	2011-12-31	$0
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Other income received	2011-12-31	$0
Noncash contributions received	2011-12-31	$0
Net income (gross income less expenses)	2011-12-31	$117,619
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$117,619
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$0
Total contributions received or receivable from employer(s)	2011-12-31	$117,619
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0

Form 5500 Responses for OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN

2012: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC CASH BALANCE PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	First time form 5500 has been submitted	Yes
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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

Company Name:	OPHTHALMOLOGY SPECIALISTS OF TEXAS, PLLC
Employer identification number (EIN):	450466456
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)