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ALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN 401k Plan overview

Plan NameALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN
Plan identification number 002

ALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Plan covering Self-Employed individuals.
  • 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

ALEX Y. WEI, M.D., P.C. has sponsored the creation of one or more 401k plans.

Company Name:ALEX Y. WEI, M.D., P.C.
Employer identification number (EIN):821566405
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about ALEX Y. WEI, M.D., P.C.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2017-05-15
Company Identification Number: 5137123
Legal Registered Office Address: 882 56TH STREET
Kings
BROOKLYN
United States of America (USA)
11220

More information about ALEX Y. WEI, M.D., P.C.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01ALEX WEI2024-10-12 ALEX WEI2024-10-12
0022022-01-01ALEX WEI2023-10-09
0022021-01-01ALEX WEI2022-07-14 ALEX WEI2022-07-14
0022020-01-01ALEX WEI2021-10-12 ALEX WEI2021-10-12
0022019-01-01ALEX WEI2020-10-13
0022018-01-01
0022017-01-01
0022017-01-01

Financial Data on ALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN

Measure Date Value
2025 : ALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-1426029
Net assets as of the end of the plan year2025-10-142618393
Total assets as of the beginning of the plan year2025-10-142265244
Participant contributions to plan in this plan year2025-10-140
Other expenses paid from plan in this plan year2025-10-140
Other income to plan in this plan year2025-10-14379178
Plan net income in this plan year2025-10-14353149
Net assets as of the end of the plan year2025-10-142618393
Net assets as of the beginning of the plan year2025-10-142265244
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-1426029
2024 : ALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-1418982
Net assets as of the end of the plan year2024-10-142265244
Total assets as of the beginning of the plan year2024-10-141809868
Participant contributions to plan in this plan year2024-10-140
Other expenses paid from plan in this plan year2024-10-140
Other income to plan in this plan year2024-10-14274358
Plan net income in this plan year2024-10-14455376
Net assets as of the end of the plan year2024-10-142265244
Net assets as of the beginning of the plan year2024-10-141809868
Employer contributions to plan in this plan year2024-10-14200000
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-1418982
2022 : ALEX Y. WEI, M.D., PLLC CASH BALANCE PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-1421790
Net assets as of the end of the plan year2022-07-142057961
Total assets as of the beginning of the plan year2022-07-141730383
Participant contributions to plan in this plan year2022-07-140
Other expenses paid from plan in this plan year2022-07-140
Other income to plan in this plan year2022-07-14349368
Plan net income in this plan year2022-07-14327578
Net assets as of the end of the plan year2022-07-142057961
Net assets as of the beginning of the plan year2022-07-141730383
Employer contributions to plan in this plan year2022-07-140
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-1418242

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