401k Plan data: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN plan

CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN 401k Plan overview

Plan Name	CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN
Plan identification number	002

CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN Benefits

401k Plan Type

Defined 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).
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

CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY has sponsored the creation of one or more 401k plans.

Company Name: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY

Employer identification number (EIN): 030570400

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

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01
002 2017-01-01
002 2016-01-01
002 2015-01-01
002 2014-01-01
002 2013-01-01
002 2012-01-01 HAROLD FARBER 2013-08-30 HAROLD FARBER 2013-08-30
002 2011-01-01 HAROLD FARBER 2012-07-24 HAROLD FARBER 2012-07-24
002 2010-01-01 HAROLD FARBER 2011-10-17 HAROLD FARBER 2011-10-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2018-01-01
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2014-01-01
002	2013-01-01
002	2012-01-01	HAROLD FARBER	2013-08-30	HAROLD FARBER	2013-08-30
002	2011-01-01	HAROLD FARBER	2012-07-24	HAROLD FARBER	2012-07-24
002	2010-01-01	HAROLD FARBER	2011-10-17	HAROLD FARBER	2011-10-17

Plan Statistics for CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN

401k plan membership statisitcs for CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN

Measure Date Value
2018: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,640,927
Acturial value of plan assets 2018-12-31 2,640,927
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 1
Fundng target for terminated vested participants 2018-12-31 213
Active participant vested funding target 2018-12-31 2,536,964
Number of active participants 2018-12-31 3
Total funding liabilities for active participants 2018-12-31 2,536,964
Total participant count 2018-12-31 4
Total funding target for all participants 2018-12-31 2,537,177
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 202,369
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 2018-12-31 202,369
Present value of excess contributions 2018-12-31 38,921
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 38,921
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 38,921
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 2018-12-31 268,974
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
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 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: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,893,510
Acturial value of plan assets 2017-12-31 1,893,510
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 2017-12-31 200
Active participant vested funding target 2017-12-31 1,683,503
Number of active participants 2017-12-31 3
Total funding liabilities for active participants 2017-12-31 1,683,503
Total participant count 2017-12-31 4
Total funding target for all participants 2017-12-31 1,683,703
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 187,474
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 2017-12-31 187,474
Present value of excess contributions 2017-12-31 2,147
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 2,147
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 2,147
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 2017-12-31 202,369
Total employer contributions 2017-12-31 763,503
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 2017-12-31 745,212
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 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 2017-12-31 706,291
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 2017-12-31 706,291
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 2017-12-31 706,291
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 745,212
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,501,819
Acturial value of plan assets 2016-12-31 1,501,819
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 1,444,225
Number of active participants 2016-12-31 3
Total funding liabilities for active participants 2016-12-31 1,444,225
Total participant count 2016-12-31 3
Total funding target for all participants 2016-12-31 1,444,225
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 169,793
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 2016-12-31 169,793
Present value of excess contributions 2016-12-31 15,236
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 15,236
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 15,236
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 2016-12-31 187,474
Total employer contributions 2016-12-31 158,000
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 2016-12-31 159,703
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
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 2016-12-31 157,556
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 157,556
Additional cash requirement 2016-12-31 157,556
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 159,703
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
2018: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,640,927
Acturial value of plan assets	2018-12-31	2,640,927
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	1
Fundng target for terminated vested participants	2018-12-31	213
Active participant vested funding target	2018-12-31	2,536,964
Number of active participants	2018-12-31	3
Total funding liabilities for active participants	2018-12-31	2,536,964
Total participant count	2018-12-31	4
Total funding target for all participants	2018-12-31	2,537,177
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	202,369
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	202,369
Present value of excess contributions	2018-12-31	38,921
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	38,921
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	38,921
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	268,974
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
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	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: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,893,510
Acturial value of plan assets	2017-12-31	1,893,510
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	200
Active participant vested funding target	2017-12-31	1,683,503
Number of active participants	2017-12-31	3
Total funding liabilities for active participants	2017-12-31	1,683,503
Total participant count	2017-12-31	4
Total funding target for all participants	2017-12-31	1,683,703
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	187,474
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	187,474
Present value of excess contributions	2017-12-31	2,147
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	2,147
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	2,147
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	202,369
Total employer contributions	2017-12-31	763,503
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	745,212
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	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	706,291
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	706,291
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	706,291
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	745,212
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY, LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,501,819
Acturial value of plan assets	2016-12-31	1,501,819
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	1,444,225
Number of active participants	2016-12-31	3
Total funding liabilities for active participants	2016-12-31	1,444,225
Total participant count	2016-12-31	3
Total funding target for all participants	2016-12-31	1,444,225
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	169,793
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	169,793
Present value of excess contributions	2016-12-31	15,236
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	15,236
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	15,236
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	187,474
Total employer contributions	2016-12-31	158,000
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	159,703
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
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	157,556
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	157,556
Additional cash requirement	2016-12-31	157,556
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	159,703
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Potentially related plans

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:	CENTER FOR DERMATOLOGY, LASER & COSMETIC SURGERY
Employer identification number (EIN):	030570400
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)