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NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameNEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN
Plan identification number 001

NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC has sponsored the creation of one or more 401k plans.

Company Name:NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC
Employer identification number (EIN):203730569
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-12-01
0012020-12-01
0012019-12-01
0012018-12-01
0012017-12-01
0012016-12-01RAJ BHAYANI2018-09-15
0012016-12-01RAJ BHAYANI2018-09-18
0012015-12-01RAJ BHAYANI2017-09-15
0012014-12-01RAJENDRA BHAYANI2016-09-15
0012014-12-01RAJENDRA BHAYANI2016-09-22

Plan Statistics for NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN

Measure Date Value
2022: NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets2022-11-302,917,697
Acturial value of plan assets2022-11-302,917,697
Funding target for retired participants and beneficiaries receiving payment2022-11-300
Number of terminated vested participants2022-11-302
Fundng target for terminated vested participants2022-11-3056,972
Active participant vested funding target2022-11-302,666,921
Number of active participants2022-11-305
Total funding liabilities for active participants2022-11-302,666,921
Total participant count2022-11-307
Total funding target for all participants2022-11-302,723,893
Prefunding balance at beginning of prior year after applicable adjustments2022-11-3022,946
Prefunding balanced used to offset prior years funding requirement2022-11-3022,946
Amount remaining of carryover balance2022-11-300
Amount remaining of prefunding balance2022-11-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-11-300
Balance of carryovers at beginning of current year2022-11-300
Balance of prefunding at beginning of current year2022-11-300
Total employer contributions2022-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-11-300
Contributions made to avoid restrictions adjusted to valuation date2022-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-11-300
Unpaid minimum required contributions for all prior years2022-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-11-300
Remaining amount of unpaid minimum required contributions2022-11-300
Minimum required contributions for current year target normal cost2022-11-3074,519
Total funding amount beforereflecting carryover/prefunding balances2022-11-300
Additional cash requirement2022-11-300
Contributions allocatedtoward minimum required contributions for current year2022-11-300
Unpaid minimum required contributions for current year2022-11-300
Unpaid minimum required contributions for all years2022-11-300
2017: NEW YORK OTOLARYNGOLOGY AND AESTHETIC SURGERY, PC DEFINED BENEFIT PENSION PLAN 2017 401k membership
Market value of plan assets2017-11-301,639,992
Acturial value of plan assets2017-11-301,639,992
Funding target for retired participants and beneficiaries receiving payment2017-11-300
Number of terminated vested participants2017-11-300
Fundng target for terminated vested participants2017-11-300
Active participant vested funding target2017-11-301,079,187
Number of active participants2017-11-307
Total funding liabilities for active participants2017-11-301,079,187
Total participant count2017-11-307
Total funding target for all participants2017-11-301,079,187
Total employer contributions2017-11-300
Total employee contributions2017-11-300
Contributions allocated toward unpaid minimum require contributions from prior years2017-11-300
Contributions made to avoid restrictions adjusted to valuation date2017-11-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-11-300
Liquidity shortfalls end of Q12017-11-300
Liquidity shortfalls end of Q22017-11-300
Liquidity shortfalls end of Q32017-11-300
Liquidity shortfalls end of Q42017-11-300
Unpaid minimum required contributions for all prior years2017-11-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-11-300
Remaining amount of unpaid minimum required contributions2017-11-300
Minimum required contributions for current year target normal cost2017-11-30183,336
Net shortfall amortization installment of oustanding balance2017-11-300
Waiver amortization installment2017-11-300
Total funding amount beforereflecting carryover/prefunding balances2017-11-30183,336
Carryover balance elected to use to offset funding requirement2017-11-300
Prefunding balance elected to use to offset funding requirement2017-11-30183,336
Additional cash requirement2017-11-300
Contributions allocatedtoward minimum required contributions for current year2017-11-300
Unpaid minimum required contributions for current year2017-11-300
Unpaid minimum required contributions for all years2017-11-300
Prefunding balance at beginning of prior year after applicable adjustments2017-11-30631,878
Amount remaining of prefunding balance2017-11-30631,878
Balance of prefunding at beginning of current year2017-11-30607,867

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