401k Plan data: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN plan

NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 401k Plan overview

Plan Name	NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN
Plan identification number	002

NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily flat dollar (includes dollars per year of service)
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).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NICK NICHOLSON MD PA has sponsored the creation of one or more 401k plans.

Company Name: NICK NICHOLSON MD PA

Employer identification number (EIN): 752937567

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

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 SUSAN HARGROVE 2023-09-27
002 2021-01-01 SUSAN HARGROVE 2022-09-26
002 2020-01-01 SUSAN HARGROVE 2021-09-17
002 2019-01-01 CORY ALDRICH 2020-10-12
002 2019-01-01 ARASELY VALDEZ 2020-12-30
002 2018-01-01 CORY ALDRICH 2019-09-27
002 2017-01-01 CORY ALDRICH 2018-10-09
002 2016-01-01 ARASELY VALDEZ 2017-10-02
002 2015-01-01 ARASELY VALDEZ 2016-09-09
002 2014-01-01 ARASELY VALDEZ 2015-10-12
002 2013-01-01 ARASELY VALDEZ 2014-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2022-01-01	SUSAN HARGROVE	2023-09-27
002	2021-01-01	SUSAN HARGROVE	2022-09-26
002	2020-01-01	SUSAN HARGROVE	2021-09-17
002	2019-01-01	CORY ALDRICH	2020-10-12
002	2019-01-01	ARASELY VALDEZ	2020-12-30
002	2018-01-01	CORY ALDRICH	2019-09-27
002	2017-01-01	CORY ALDRICH	2018-10-09
002	2016-01-01	ARASELY VALDEZ	2017-10-02
002	2015-01-01	ARASELY VALDEZ	2016-09-09
002	2014-01-01	ARASELY VALDEZ	2015-10-12
002	2013-01-01	ARASELY VALDEZ	2014-10-14

Plan Statistics for NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN

401k plan membership statisitcs for NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN

Measure Date Value
2022: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2022 401k membership
Market value of plan assets 2022-12-31 1,227,476
Acturial value of plan assets 2022-12-31 1,227,476
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 12
Fundng target for terminated vested participants 2022-12-31 647,696
Active participant vested funding target 2022-12-31 644,953
Number of active participants 2022-12-31 14
Total funding liabilities for active participants 2022-12-31 644,953
Total participant count 2022-12-31 26
Total funding target for all participants 2022-12-31 1,292,649
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 540
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 540
Present value of excess contributions 2022-12-31 272
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 287
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 287
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 860
Total employer contributions 2022-12-31 7,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 6,159
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 0
Net shortfall amortization installment of oustanding balance 2022-12-31 66,033
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 6,814
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 655
Additional cash requirement 2022-12-31 6,159
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 6,159
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,204,599
Acturial value of plan assets 2021-12-31 1,204,599
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 34
Fundng target for terminated vested participants 2021-12-31 668,269
Active participant vested funding target 2021-12-31 605,577
Number of active participants 2021-12-31 16
Total funding liabilities for active participants 2021-12-31 605,577
Total participant count 2021-12-31 50
Total funding target for all participants 2021-12-31 1,273,846
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 776
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 275
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 501
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 540
Total employer contributions 2021-12-31 8,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 7,152
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 0
Net shortfall amortization installment of oustanding balance 2021-12-31 69,788
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 6,880
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 6,880
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 7,152
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2020 401k membership
Market value of plan assets 2020-12-31 1,109,778
Acturial value of plan assets 2020-12-31 1,109,778
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 26
Fundng target for terminated vested participants 2020-12-31 619,486
Active participant vested funding target 2020-12-31 578,003
Number of active participants 2020-12-31 24
Total funding liabilities for active participants 2020-12-31 578,003
Total participant count 2020-12-31 50
Total funding target for all participants 2020-12-31 1,197,489
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 7,129
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 6,428
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 701
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 776
Total employer contributions 2020-12-31 9,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 8,033
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 88,488
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 8,308
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 275
Additional cash requirement 2020-12-31 8,033
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 8,033
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-12-31 989,187
Acturial value of plan assets 2019-12-31 989,187
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 23
Fundng target for terminated vested participants 2019-12-31 43,760
Active participant vested funding target 2019-12-31 1,085,767
Number of active participants 2019-12-31 31
Total funding liabilities for active participants 2019-12-31 1,092,800
Total participant count 2019-12-31 54
Total funding target for all participants 2019-12-31 1,136,560
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 26,260
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 18,882
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 7,378
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 7,129
Total employer contributions 2019-12-31 0
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 0
Net shortfall amortization installment of oustanding balance 2019-12-31 154,502
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 33,951
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 7,129
Additional cash requirement 2019-12-31 26,822
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for current year 2019-12-31 26,822
Unpaid minimum required contributions for all years 2019-12-31 26,822
2018: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 834,265
Acturial value of plan assets 2018-12-31 834,265
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 4
Fundng target for terminated vested participants 2018-12-31 8,097
Active participant vested funding target 2018-12-31 864,662
Number of active participants 2018-12-31 50
Total funding liabilities for active participants 2018-12-31 879,984
Total participant count 2018-12-31 54
Total funding target for all participants 2018-12-31 888,081
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 138,233
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 2018-12-31 113,734
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 24,499
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 26,260
Total employer contributions 2018-12-31 185,800
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 2018-12-31 162,615
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 2018-12-31 162,259
Net shortfall amortization installment of oustanding balance 2018-12-31 80,077
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 181,497
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 18,882
Additional cash requirement 2018-12-31 162,615
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 162,615
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 717,492
Acturial value of plan assets 2017-12-31 717,492
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 2,666
Active participant vested funding target 2017-12-31 647,249
Number of active participants 2017-12-31 43
Total funding liabilities for active participants 2017-12-31 658,278
Total participant count 2017-12-31 44
Total funding target for all participants 2017-12-31 660,944
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 95,681
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 95,681
Present value of excess contributions 2017-12-31 36,774
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 38,954
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 38,954
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 2017-12-31 138,233
Total employer contributions 2017-12-31 69,503
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 59,622
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 2017-12-31 153,263
Net shortfall amortization installment of oustanding balance 2017-12-31 81,685
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 170,507
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 110,885
Additional cash requirement 2017-12-31 59,622
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 59,622
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 486,679
Acturial value of plan assets 2016-12-31 486,679
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 231,146
Number of active participants 2016-12-31 32
Total funding liabilities for active participants 2016-12-31 460,372
Total participant count 2016-12-31 32
Total funding target for all participants 2016-12-31 460,372
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 26,718
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 26,718
Present value of excess contributions 2016-12-31 65,683
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 69,716
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 69,716
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 95,681
Total employer contributions 2016-12-31 218,361
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 2016-12-31 192,312
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 2016-12-31 144,901
Net shortfall amortization installment of oustanding balance 2016-12-31 50,085
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 155,538
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 2016-12-31 155,538
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 192,312
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	1,227,476
Acturial value of plan assets	2022-12-31	1,227,476
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	12
Fundng target for terminated vested participants	2022-12-31	647,696
Active participant vested funding target	2022-12-31	644,953
Number of active participants	2022-12-31	14
Total funding liabilities for active participants	2022-12-31	644,953
Total participant count	2022-12-31	26
Total funding target for all participants	2022-12-31	1,292,649
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	540
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	540
Present value of excess contributions	2022-12-31	272
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	287
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	287
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	860
Total employer contributions	2022-12-31	7,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	6,159
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	0
Net shortfall amortization installment of oustanding balance	2022-12-31	66,033
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	6,814
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	655
Additional cash requirement	2022-12-31	6,159
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	6,159
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,204,599
Acturial value of plan assets	2021-12-31	1,204,599
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	34
Fundng target for terminated vested participants	2021-12-31	668,269
Active participant vested funding target	2021-12-31	605,577
Number of active participants	2021-12-31	16
Total funding liabilities for active participants	2021-12-31	605,577
Total participant count	2021-12-31	50
Total funding target for all participants	2021-12-31	1,273,846
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	776
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	275
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	501
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	540
Total employer contributions	2021-12-31	8,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	7,152
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	0
Net shortfall amortization installment of oustanding balance	2021-12-31	69,788
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	6,880
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	6,880
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	7,152
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,109,778
Acturial value of plan assets	2020-12-31	1,109,778
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	26
Fundng target for terminated vested participants	2020-12-31	619,486
Active participant vested funding target	2020-12-31	578,003
Number of active participants	2020-12-31	24
Total funding liabilities for active participants	2020-12-31	578,003
Total participant count	2020-12-31	50
Total funding target for all participants	2020-12-31	1,197,489
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	7,129
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	6,428
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	701
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	776
Total employer contributions	2020-12-31	9,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	8,033
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	88,488
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	8,308
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	275
Additional cash requirement	2020-12-31	8,033
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	8,033
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	989,187
Acturial value of plan assets	2019-12-31	989,187
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	23
Fundng target for terminated vested participants	2019-12-31	43,760
Active participant vested funding target	2019-12-31	1,085,767
Number of active participants	2019-12-31	31
Total funding liabilities for active participants	2019-12-31	1,092,800
Total participant count	2019-12-31	54
Total funding target for all participants	2019-12-31	1,136,560
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	26,260
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	18,882
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	7,378
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	7,129
Total employer contributions	2019-12-31	0
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	0
Net shortfall amortization installment of oustanding balance	2019-12-31	154,502
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	33,951
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	7,129
Additional cash requirement	2019-12-31	26,822
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for current year	2019-12-31	26,822
Unpaid minimum required contributions for all years	2019-12-31	26,822
2018: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	834,265
Acturial value of plan assets	2018-12-31	834,265
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	4
Fundng target for terminated vested participants	2018-12-31	8,097
Active participant vested funding target	2018-12-31	864,662
Number of active participants	2018-12-31	50
Total funding liabilities for active participants	2018-12-31	879,984
Total participant count	2018-12-31	54
Total funding target for all participants	2018-12-31	888,081
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	138,233
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	113,734
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	24,499
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	26,260
Total employer contributions	2018-12-31	185,800
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	162,615
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	162,259
Net shortfall amortization installment of oustanding balance	2018-12-31	80,077
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	181,497
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	18,882
Additional cash requirement	2018-12-31	162,615
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	162,615
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	717,492
Acturial value of plan assets	2017-12-31	717,492
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	2,666
Active participant vested funding target	2017-12-31	647,249
Number of active participants	2017-12-31	43
Total funding liabilities for active participants	2017-12-31	658,278
Total participant count	2017-12-31	44
Total funding target for all participants	2017-12-31	660,944
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	95,681
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	95,681
Present value of excess contributions	2017-12-31	36,774
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	38,954
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	38,954
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	138,233
Total employer contributions	2017-12-31	69,503
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	59,622
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	153,263
Net shortfall amortization installment of oustanding balance	2017-12-31	81,685
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	170,507
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	110,885
Additional cash requirement	2017-12-31	59,622
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	59,622
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: NICHOLSON CLINIC EMPLOYEES' CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	486,679
Acturial value of plan assets	2016-12-31	486,679
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	231,146
Number of active participants	2016-12-31	32
Total funding liabilities for active participants	2016-12-31	460,372
Total participant count	2016-12-31	32
Total funding target for all participants	2016-12-31	460,372
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	26,718
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	26,718
Present value of excess contributions	2016-12-31	65,683
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	69,716
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	69,716
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	95,681
Total employer contributions	2016-12-31	218,361
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	192,312
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	144,901
Net shortfall amortization installment of oustanding balance	2016-12-31	50,085
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	155,538
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	155,538
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	192,312
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	NICK NICHOLSON MD PA
Employer identification number (EIN):	752937567
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)