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OCAMG CASH BALANCE PENSION PLAN 401k Plan overview

Plan NameOCAMG CASH BALANCE PENSION PLAN
Plan identification number 003

OCAMG CASH BALANCE PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ROBERT J. MARTIN, JR., M.D., INC. has sponsored the creation of one or more 401k plans.

Company Name:ROBERT J. MARTIN, JR., M.D., INC.
Employer identification number (EIN):770405006
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about ROBERT J. MARTIN, JR., M.D., INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 1995-06-20
Company Identification Number: C1943194
Legal Registered Office Address: 169 La Crescenta Drive

Camarillo
United States of America (USA)
93010-8409

More information about ROBERT J. MARTIN, JR., M.D., INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OCAMG CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01DAVID A. PECKHAM, FOR SBPC, INC.2023-10-20
0032021-01-01DAVID A. PECKHAM, FOR SBPC, INC.2022-10-17
0032020-01-01DAVID A. PECKHAM, FOR SBPC, INC.2021-10-15
0032019-01-01DAVID A. PECKHAM, FOR SBPC, INC.2020-10-15
0032018-01-01DAVID A. PECKHAM, FOR SBPC, INC.2019-10-15

Plan Statistics for OCAMG CASH BALANCE PENSION PLAN

401k plan membership statisitcs for OCAMG CASH BALANCE PENSION PLAN

Measure Date Value
2022: OCAMG CASH BALANCE PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-311,824,891
Acturial value of plan assets2022-12-311,824,891
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-310
Fundng target for terminated vested participants2022-12-310
Active participant vested funding target2022-12-311,918,536
Number of active participants2022-12-319
Total funding liabilities for active participants2022-12-311,918,536
Total participant count2022-12-319
Total funding target for all participants2022-12-311,918,536
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-31394,091
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31417,067
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-31349,913
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31354,905
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31299,109
Net shortfall amortization installment of oustanding balance2022-12-3193,646
Total funding amount beforereflecting carryover/prefunding balances2022-12-31307,763
Additional cash requirement2022-12-31307,763
Contributions allocatedtoward minimum required contributions for current year2022-12-31354,905
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: OCAMG CASH BALANCE PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-311,625,868
Acturial value of plan assets2021-12-311,625,868
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-311,278,419
Number of active participants2021-12-319
Total funding liabilities for active participants2021-12-311,278,419
Total participant count2021-12-319
Total funding target for all participants2021-12-311,278,419
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-3191,477
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3196,956
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-31464,603
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31465,262
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31375,380
Net shortfall amortization installment of oustanding balance2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3127,931
Additional cash requirement2021-12-3127,931
Contributions allocatedtoward minimum required contributions for current year2021-12-31465,262
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: OCAMG CASH BALANCE PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-31932,886
Acturial value of plan assets2020-12-31932,886
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-31757,375
Number of active participants2020-12-319
Total funding liabilities for active participants2020-12-31757,375
Total participant count2020-12-319
Total funding target for all participants2020-12-31757,375
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31128,100
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31135,645
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-31338,393
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31339,070
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31422,909
Net shortfall amortization installment of oustanding balance2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31247,593
Additional cash requirement2020-12-31247,593
Contributions allocatedtoward minimum required contributions for current year2020-12-31339,070
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: OCAMG CASH BALANCE PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-31352,780
Acturial value of plan assets2019-12-31352,780
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-31301,511
Number of active participants2019-12-319
Total funding liabilities for active participants2019-12-31301,511
Total participant count2019-12-319
Total funding target for all participants2019-12-31301,511
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-3118,313
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3119,373
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31513,892
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31511,998
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31435,167
Net shortfall amortization installment of oustanding balance2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31383,898
Additional cash requirement2019-12-31383,898
Contributions allocatedtoward minimum required contributions for current year2019-12-31511,998
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: OCAMG CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-310
Acturial value of plan assets2018-12-310
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-310
Number of active participants2018-12-317
Total funding liabilities for active participants2018-12-310
Total participant count2018-12-317
Total funding target for all participants2018-12-310
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31346,935
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31339,359
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31320,476
Net shortfall amortization installment of oustanding balance2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31320,476
Additional cash requirement2018-12-31320,476
Contributions allocatedtoward minimum required contributions for current year2018-12-31339,359
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310

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