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MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 401k Plan overview

Plan NameMARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST
Plan identification number 002

MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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

MARK A. CRAIG, D.D.S., M.D., P.A. has sponsored the creation of one or more 401k plans.

Company Name:MARK A. CRAIG, D.D.S., M.D., P.A.
Employer identification number (EIN):260274122
NAIC Classification:621210
NAIC Description:Offices of Dentists

Additional information about MARK A. CRAIG, D.D.S., M.D., P.A.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2007-05-30
Company Identification Number: 0800822982
Legal Registered Office Address: 5971 VIRGINIA PKWY STE 200

MCKINNEY
United States of America (USA)
75071

More information about MARK A. CRAIG, D.D.S., M.D., P.A.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01MARK A CRAIG2023-10-11
0022021-01-01MARK A CRAIG2022-10-10
0022020-01-01MARK A CRAIG2021-09-20
0022019-01-01MARK A CRAIG2020-10-14
0022018-01-01MARK A CRAIG2019-10-09
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01MARK A. CRAIG, D.D.S., M.D.2015-10-12
0022013-01-01MARK A. CRAIG, D.D.S., M.D.2014-09-02
0022012-01-01MARK A. CRAIG, D.D.S., M.D.2013-04-22
0022011-01-01MARK A. CRAIG, D.D.S., M.D.2012-06-07

Plan Statistics for MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST

401k plan membership statisitcs for MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST

Measure Date Value
2022: MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 2022 401k membership
Market value of plan assets2022-12-311,775,062
Acturial value of plan assets2022-12-311,775,062
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-317
Fundng target for terminated vested participants2022-12-3112,536
Active participant vested funding target2022-12-311,695,347
Number of active participants2022-12-314
Total funding liabilities for active participants2022-12-311,695,347
Total participant count2022-12-3111
Total funding target for all participants2022-12-311,707,883
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
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 balance2022-12-310
Present value of excess contributions2022-12-3112,619
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3113,332
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-31150,900
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 date2022-12-31140,191
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 cost2022-12-31154,953
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-3187,774
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-3187,774
Contributions allocatedtoward minimum required contributions for current year2022-12-31140,191
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 2021 401k membership
Market value of plan assets2021-12-311,452,609
Acturial value of plan assets2021-12-311,452,609
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-314
Fundng target for terminated vested participants2021-12-317,199
Active participant vested funding target2021-12-311,417,081
Number of active participants2021-12-316
Total funding liabilities for active participants2021-12-311,418,914
Total participant count2021-12-3110
Total funding target for all participants2021-12-311,426,113
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
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 balance2021-12-310
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
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 year2021-12-310
Total employer contributions2021-12-31141,924
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 date2021-12-31130,047
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
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 cost2021-12-31143,924
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31117,428
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-31117,428
Contributions allocatedtoward minimum required contributions for current year2021-12-31130,047
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 2020 401k membership
Market value of plan assets2020-12-311,177,163
Acturial value of plan assets2020-12-311,177,163
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-312
Fundng target for terminated vested participants2020-12-314,092
Active participant vested funding target2020-12-311,234,247
Number of active participants2020-12-318
Total funding liabilities for active participants2020-12-311,236,452
Total participant count2020-12-3110
Total funding target for all participants2020-12-311,240,544
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31294
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31311
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 elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-31169,647
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 date2020-12-31154,273
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 cost2020-12-31139,201
Net shortfall amortization installment of oustanding balance2020-12-3163,381
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31154,273
Additional cash requirement2020-12-31154,273
Contributions allocatedtoward minimum required contributions for current year2020-12-31154,273
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 2019 401k membership
Market value of plan assets2019-12-31863,408
Acturial value of plan assets2019-12-31863,408
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-314,139
Active participant vested funding target2019-12-311,011,517
Number of active participants2019-12-317
Total funding liabilities for active participants2019-12-311,012,651
Total participant count2019-12-3110
Total funding target for all participants2019-12-311,016,790
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-310
Present value of excess contributions2019-12-311,519
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-311,606
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
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 year2019-12-310
Total employer contributions2019-12-31173,117
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 date2019-12-31156,633
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 cost2019-12-31127,644
Net shortfall amortization installment of oustanding balance2019-12-31153,382
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31156,339
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31156,339
Contributions allocatedtoward minimum required contributions for current year2019-12-31156,633
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 2018 401k membership
Market value of plan assets2018-12-31785,732
Acturial value of plan assets2018-12-31785,732
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-311,428
Active participant vested funding target2018-12-31827,892
Number of active participants2018-12-317
Total funding liabilities for active participants2018-12-31829,435
Total participant count2018-12-319
Total funding target for all participants2018-12-31830,863
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-311,865
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-311,974
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 year2018-12-310
Total employer contributions2018-12-31144,604
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 date2018-12-31132,117
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 cost2018-12-31120,793
Net shortfall amortization installment of oustanding balance2018-12-3145,131
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31130,598
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31130,598
Contributions allocatedtoward minimum required contributions for current year2018-12-31132,117
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 2017 401k membership
Market value of plan assets2017-12-31594,069
Acturial value of plan assets2017-12-31594,069
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-313
Fundng target for terminated vested participants2017-12-312,615
Active participant vested funding target2017-12-31636,219
Number of active participants2017-12-316
Total funding liabilities for active participants2017-12-31637,471
Total participant count2017-12-319
Total funding target for all participants2017-12-31640,086
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 contributions2017-12-31193
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31205
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31133,824
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 date2017-12-31118,858
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 cost2017-12-31108,135
Net shortfall amortization installment of oustanding balance2017-12-3146,017
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31116,993
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31116,993
Contributions allocatedtoward minimum required contributions for current year2017-12-31118,858
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: MARK A. CRAIG, D.D.S., M.D., P.A. DEFINED BENEFIT PENSION PLAN & TRUST 2016 401k membership
Market value of plan assets2016-12-31454,108
Acturial value of plan assets2016-12-31454,108
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-311,970
Active participant vested funding target2016-12-31390,755
Number of active participants2016-12-317
Total funding liabilities for active participants2016-12-31489,260
Total participant count2016-12-319
Total funding target for all participants2016-12-31491,230
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-311,500
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-311,594
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31116,348
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 date2016-12-31105,715
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 cost2016-12-3198,896
Net shortfall amortization installment of oustanding balance2016-12-3137,122
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31105,522
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31105,522
Contributions allocatedtoward minimum required contributions for current year2016-12-31105,715
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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