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ST. GEORGE OBGYN, LLC RETIREMENT PLAN 401k Plan overview

Plan NameST. GEORGE OBGYN, LLC RETIREMENT PLAN
Plan identification number 002

ST. GEORGE OBGYN, LLC RETIREMENT 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

ST. GEORGE OBGYN, LLC has sponsored the creation of one or more 401k plans.

Company Name:ST. GEORGE OBGYN, LLC
Employer identification number (EIN):260147804
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ST. GEORGE OBGYN, LLC RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01CHAD LUNT2024-10-11
0022022-01-01CHAD LUNT2023-10-11
0022021-01-01CHAD LUNT2022-08-10
0022020-01-01CHAD LUNT2021-09-13
0022019-01-01CHAD LUNT2020-09-02
0022018-01-01CHAD LUNT2019-09-09
0022017-01-01CHAD LUNT2018-07-12
0022016-01-01CHAD LUNT2017-04-26
0022015-01-01CHAD LUNT2016-10-05
0022014-01-01
0022013-01-01

Plan Statistics for ST. GEORGE OBGYN, LLC RETIREMENT PLAN

401k plan membership statisitcs for ST. GEORGE OBGYN, LLC RETIREMENT PLAN

Measure Date Value
2022: ST. GEORGE OBGYN, LLC RETIREMENT PLAN 2022 401k membership
Market value of plan assets2022-12-312,121,042
Acturial value of plan assets2022-12-312,121,042
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-319
Fundng target for terminated vested participants2022-12-31117,479
Active participant vested funding target2022-12-311,990,194
Number of active participants2022-12-3116
Total funding liabilities for active participants2022-12-311,990,194
Total participant count2022-12-3125
Total funding target for all participants2022-12-312,107,673
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31205,291
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31205,291
Present value of excess contributions2022-12-3186,902
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3186,902
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-3186,902
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-31298,145
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-3112,709
Total employer contributions2022-12-31176,000
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 date2022-12-31171,797
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 cost2022-12-3145,339
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-3145,339
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-3145,339
Contributions allocatedtoward minimum required contributions for current year2022-12-31171,797
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: ST. GEORGE OBGYN, LLC RETIREMENT PLAN 2021 401k membership
Market value of plan assets2021-12-312,367,731
Acturial value of plan assets2021-12-312,367,731
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-3111
Fundng target for terminated vested participants2021-12-31188,145
Active participant vested funding target2021-12-311,874,201
Number of active participants2021-12-3117
Total funding liabilities for active participants2021-12-311,874,201
Total participant count2021-12-3128
Total funding target for all participants2021-12-312,062,346
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31176,526
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 balance2021-12-31176,526
Present value of excess contributions2021-12-318,006
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-318,006
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-318,006
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 year2021-12-31205,291
Total employer contributions2021-12-31152,291
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 date2021-12-31149,612
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 cost2021-12-31152,108
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3162,710
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-3162,710
Contributions allocatedtoward minimum required contributions for current year2021-12-31149,612
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: ST. GEORGE OBGYN, LLC RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-12-312,022,980
Acturial value of plan assets2020-12-312,022,980
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-318
Fundng target for terminated vested participants2020-12-31127,090
Active participant vested funding target2020-12-311,700,976
Number of active participants2020-12-3120
Total funding liabilities for active participants2020-12-311,700,976
Total participant count2020-12-3128
Total funding target for all participants2020-12-311,828,066
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31340,042
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3119,258
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31320,784
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-31150,000
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31176,526
Total employer contributions2020-12-31151,597
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 date2020-12-31149,018
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 cost2020-12-31150,150
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31141,012
Additional cash requirement2020-12-31141,012
Contributions allocatedtoward minimum required contributions for current year2020-12-31149,018
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: ST. GEORGE OBGYN, LLC RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-311,662,646
Acturial value of plan assets2019-12-311,662,646
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-3129,377
Active participant vested funding target2019-12-311,437,341
Number of active participants2019-12-3123
Total funding liabilities for active participants2019-12-311,437,341
Total participant count2019-12-3126
Total funding target for all participants2019-12-311,466,718
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31233,045
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 balance2019-12-31233,045
Present value of excess contributions2019-12-3189,192
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3189,192
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-3189,192
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 year2019-12-31340,042
Total employer contributions2019-12-31156,331
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 date2019-12-31151,772
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 cost2019-12-31139,426
Net shortfall amortization installment of oustanding balance2019-12-31163,258
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31172,114
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3120,342
Additional cash requirement2019-12-31151,772
Contributions allocatedtoward minimum required contributions for current year2019-12-31151,772
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: ST. GEORGE OBGYN, LLC RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-311,386,567
Acturial value of plan assets2018-12-311,386,567
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-3115,569
Active participant vested funding target2018-12-311,255,407
Number of active participants2018-12-3123
Total funding liabilities for active participants2018-12-311,255,407
Total participant count2018-12-3125
Total funding target for all participants2018-12-311,270,976
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31230,607
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-3110,317
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31220,290
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 year2018-12-31233,045
Total employer contributions2018-12-31248,100
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 date2018-12-31244,139
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 cost2018-12-31130,527
Net shortfall amortization installment of oustanding balance2018-12-31130,738
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31154,947
Additional cash requirement2018-12-31154,947
Contributions allocatedtoward minimum required contributions for current year2018-12-31244,139
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: ST. GEORGE OBGYN, LLC RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-311,144,067
Acturial value of plan assets2017-12-311,144,067
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-3114,553
Active participant vested funding target2017-12-311,044,154
Number of active participants2017-12-3121
Total funding liabilities for active participants2017-12-311,044,154
Total participant count2017-12-3123
Total funding target for all participants2017-12-311,058,707
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31156,066
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 balance2017-12-31156,066
Present value of excess contributions2017-12-3174,057
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3174,057
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3174,057
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 year2017-12-31230,607
Total employer contributions2017-12-31146,958
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 date2017-12-31144,708
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 cost2017-12-31129,595
Net shortfall amortization installment of oustanding balance2017-12-31158,461
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31155,616
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-3110,908
Additional cash requirement2017-12-31144,708
Contributions allocatedtoward minimum required contributions for current year2017-12-31144,708
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: ST. GEORGE OBGYN, LLC RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-31855,527
Acturial value of plan assets2016-12-31855,527
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-3112,847
Active participant vested funding target2016-12-31849,285
Number of active participants2016-12-3118
Total funding liabilities for active participants2016-12-31849,285
Total participant count2016-12-3120
Total funding target for all participants2016-12-31862,132
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31135,449
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 balance2016-12-31135,449
Present value of excess contributions2016-12-3154,711
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3154,711
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3154,711
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-3132,523
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31156,066
Total employer contributions2016-12-31228,771
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 date2016-12-31225,624
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 cost2016-12-31121,822
Net shortfall amortization installment of oustanding balance2016-12-31172,425
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31151,567
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31151,567
Contributions allocatedtoward minimum required contributions for current year2016-12-31225,624
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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