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SOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE PLAN 401k Plan overview

Plan NameSOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE PLAN
Plan identification number 002

SOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE 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).
  • 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.

401k Sponsoring company profile

RICHARD WOHNS, M.D.,JD,MBA, PLLC DBA WOHNS CONSULTING GROUP has sponsored the creation of one or more 401k plans.

Company Name:RICHARD WOHNS, M.D.,JD,MBA, PLLC DBA WOHNS CONSULTING GROUP
Employer identification number (EIN):260024263
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about RICHARD WOHNS, M.D.,JD,MBA, PLLC DBA WOHNS CONSULTING GROUP

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 2001-12-11
Company Identification Number: 602166744
Legal Registered Office Address: 300 DESCHUTES WAY SW STE 208 MC-CSC1

TUMWATER
United States of America (USA)
98501

More information about RICHARD WOHNS, M.D.,JD,MBA, PLLC DBA WOHNS CONSULTING GROUP

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01RICHARD WOHNS2015-10-14

Plan Statistics for SOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE PLAN

401k plan membership statisitcs for SOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE PLAN

Measure Date Value
2017: SOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-31110,905
Acturial value of plan assets2017-12-31110,905
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-317
Fundng target for terminated vested participants2017-12-3124,516
Active participant vested funding target2017-12-3191,549
Number of active participants2017-12-3121
Total funding liabilities for active participants2017-12-3191,549
Total participant count2017-12-3128
Total funding target for all participants2017-12-31116,065
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-311,459
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-311,459
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-3148,529
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-3145,599
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3142,337
Net shortfall amortization installment of oustanding balance2017-12-315,160
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3143,525
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-3143,525
Contributions allocatedtoward minimum required contributions for current year2017-12-3145,599
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: SOUTH SOUND NEUROSURGERY, PLLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-3162,558
Acturial value of plan assets2016-12-3162,558
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-314
Fundng target for terminated vested participants2016-12-3115,612
Active participant vested funding target2016-12-3153,605
Number of active participants2016-12-3121
Total funding liabilities for active participants2016-12-3164,454
Total participant count2016-12-3125
Total funding target for all participants2016-12-3180,066
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-31854
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31854
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-3144,165
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-3142,393
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3138,041
Net shortfall amortization installment of oustanding balance2016-12-3117,508
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3140,934
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3140,934
Contributions allocatedtoward minimum required contributions for current year2016-12-3142,393
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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