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ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN 401k Plan overview

Plan NameROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN
Plan identification number 002

ROBERT S. CARNEVALE, D.M.D, P.C. 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).
  • 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

ROBERT S. CARNEVALE, D.M.D, P.C. has sponsored the creation of one or more 401k plans.

Company Name:ROBERT S. CARNEVALE, D.M.D, P.C.
Employer identification number (EIN):262271233
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01ROBERT S. CARNEVALE2020-06-19
0022019-01-01ROBERT S. CARNEVALE2020-05-22
0022018-01-01ROBERT S. CARNEVALE2019-10-15
0022017-01-01ROBERT CARNEVALE2018-06-13 ROBERT CARNEVALE2018-06-13
0022016-01-01ROBERT CARNEVALE2017-07-28 ROBERT CARNEVALE2017-07-28
0022015-01-01ROBERT CARNEVALE2016-09-08 ROBERT CARNEVALE2016-09-08
0022014-01-01ROBERT CARNEVALE2015-07-23
0022013-01-01ROBERT CARNEVALE2014-07-09
0022012-01-01ROBERT CARNEVALE2013-06-26 ROBERT CARNEVALE2013-06-26
0022011-01-01ROBERT CARNEVALE2012-09-12
0022010-01-01ROBERT CARNEVALE2011-07-25

Plan Statistics for ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN

401k plan membership statisitcs for ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN

Measure Date Value
2019: ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-301,474,497
Acturial value of plan assets2019-12-301,474,497
Funding target for retired participants and beneficiaries receiving payment2019-12-300
Number of terminated vested participants2019-12-303
Fundng target for terminated vested participants2019-12-3013,936
Active participant vested funding target2019-12-301,116,656
Number of active participants2019-12-306
Total funding liabilities for active participants2019-12-301,116,656
Total participant count2019-12-309
Total funding target for all participants2019-12-301,130,592
Balance at beginning of prior year after applicable adjustments2019-12-300
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3036,185
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-300
Prefunding balanced used to offset prior years funding requirement2019-12-300
Amount remaining of carryover balance2019-12-300
Amount remaining of prefunding balance2019-12-3036,185
Present value of excess contributions2019-12-3097,094
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3097,094
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-300
Reductions in caryover balances due to elections or deemed elections2019-12-300
Reductions in prefunding balances due to elections or deemed elections2019-12-3034,094
Balance of carryovers at beginning of current year2019-12-300
Balance of prefunding at beginning of current year2019-12-300
Total employer contributions2019-12-300
Total employee contributions2019-12-300
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-300
Contributions made to avoid restrictions adjusted to valuation date2019-12-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-300
Unpaid minimum required contributions for all prior years2019-12-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-300
Remaining amount of unpaid minimum required contributions2019-12-300
Minimum required contributions for current year target normal cost2019-12-30303,527
Net shortfall amortization installment of oustanding balance2019-12-300
Waiver amortization installment2019-12-300
Total funding amount beforereflecting carryover/prefunding balances2019-12-300
Carryover balance elected to use to offset funding requirement2019-12-300
Prefunding balance elected to use to offset funding requirement2019-12-300
Additional cash requirement2019-12-300
Contributions allocatedtoward minimum required contributions for current year2019-12-300
Unpaid minimum required contributions for current year2019-12-300
Unpaid minimum required contributions for all years2019-12-300
2018: ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-311,107,398
Acturial value of plan assets2018-12-311,107,398
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-311
Fundng target for terminated vested participants2018-12-315,498
Active participant vested funding target2018-12-311,000,533
Number of active participants2018-12-318
Total funding liabilities for active participants2018-12-311,002,021
Total participant count2018-12-319
Total funding target for all participants2018-12-311,007,519
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3158,590
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-3126,907
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3131,683
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 year2018-12-3136,185
Total employer contributions2018-12-31146,829
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 date2018-12-31143,751
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
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 cost2018-12-31108,817
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3146,657
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-3146,657
Contributions allocatedtoward minimum required contributions for current year2018-12-31143,751
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-311,043,515
Acturial value of plan assets2017-12-311,043,515
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-3119,228
Active participant vested funding target2017-12-31997,561
Number of active participants2017-12-319
Total funding liabilities for active participants2017-12-311,000,374
Total participant count2017-12-3111
Total funding target for all participants2017-12-311,019,602
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3162,462
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-316,384
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-3156,078
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
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 year2017-12-3158,590
Total employer contributions2017-12-31174,835
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 date2017-12-31168,055
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
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 cost2017-12-31187,716
Net shortfall amortization installment of oustanding balance2017-12-3137,384
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31196,202
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-3128,147
Additional cash requirement2017-12-31168,055
Contributions allocatedtoward minimum required contributions for current year2017-12-31168,055
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: ROBERT S. CARNEVALE, D.M.D, P.C. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31744,552
Acturial value of plan assets2016-12-31744,552
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-31736,246
Number of active participants2016-12-319
Total funding liabilities for active participants2016-12-31738,748
Total participant count2016-12-319
Total funding target for all participants2016-12-31738,748
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3139,582
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 balance2016-12-3139,582
Present value of excess contributions2016-12-3123,893
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3123,893
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3123,893
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 year2016-12-3162,462
Total employer contributions2016-12-31182,972
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 date2016-12-31175,613
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
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 cost2016-12-31171,404
Net shortfall amortization installment of oustanding balance2016-12-3160,399
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31182,378
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-316,765
Additional cash requirement2016-12-31175,613
Contributions allocatedtoward minimum required contributions for current year2016-12-31175,613
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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