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MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION 401k Plan overview

Plan NameMARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION
Plan identification number 002

MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION 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

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

Company Name:MARK S STERN, M.D., A P.C.
Employer identification number (EIN):330180846
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01GARY BERMAN2021-08-02 MARK S. STERN, M.D.2021-08-02
0022020-01-01MARK S. STERN, M.D.2021-07-21 MARK S. STERN, M.D.2021-07-21
0022019-01-01GARY BERMAN2020-08-10 MARK S. STERN, M.D.2020-08-10
0022018-01-01GARY BERMAN2019-10-01 MARK S. STERN, M.D.2019-10-01
0022017-01-01GARY BERMAN2018-10-08 MARK S. STERN, M.D.2018-10-08
0022017-01-01MARK S. STERN, M.D.2018-10-07 MARK S. STERN, M.D.2018-10-07
0022016-01-01MARK S. STERN, M.D.2017-09-23 MARK S. STERN, M.D.2017-09-23
0022015-01-01GARY BERMAN2016-09-21 MARK S. STERN, M.D.2016-09-21
0022014-01-01GARY BERMAN2015-10-01 MARK S STERN, M.D.2015-10-01
0022013-01-01GARY BERMAN2014-10-14
0022012-01-01GARY BERMAN2013-09-19
0022011-01-01GARY BERMAN2012-11-26
0022010-01-01GARY BERMAN2011-09-10

Plan Statistics for MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION

401k plan membership statisitcs for MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION

Measure Date Value
2020: MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION 2020 401k membership
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3172,479
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 balance2020-12-3172,479
Present value of excess contributions2020-12-315,112
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-315,112
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3172,479
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Additional cash requirement2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION 2019 401k membership
Market value of plan assets2019-12-313,006,254
Acturial value of plan assets2019-12-313,006,254
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-317
Fundng target for terminated vested participants2019-12-3152,052
Active participant vested funding target2019-12-312,033,900
Number of active participants2019-12-315
Total funding liabilities for active participants2019-12-312,039,974
Total participant count2019-12-3112
Total funding target for all participants2019-12-312,092,026
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3169,826
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 balance2019-12-3169,826
Present value of excess contributions2019-12-31187,345
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31187,345
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 year2019-12-3172,479
Total employer contributions2019-12-315,000
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 date2019-12-315,112
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 cost2019-12-3117,740
Net shortfall amortization installment of oustanding balance2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-315,112
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION 2018 401k membership
Market value of plan assets2018-12-312,365,739
Acturial value of plan assets2018-12-312,365,739
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-316
Fundng target for terminated vested participants2018-12-3148,318
Active participant vested funding target2018-12-311,761,522
Number of active participants2018-12-316
Total funding liabilities for active participants2018-12-311,764,818
Total participant count2018-12-3112
Total funding target for all participants2018-12-311,813,136
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3162,872
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 balance2018-12-3162,872
Present value of excess contributions2018-12-31134,833
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31134,833
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 year2018-12-3169,826
Total employer contributions2018-12-31189,000
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 date2018-12-31187,345
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 cost2018-12-31145,982
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-31187,345
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION 2017 401k membership
Market value of plan assets2017-12-312,144,222
Acturial value of plan assets2017-12-312,144,222
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-316
Fundng target for terminated vested participants2017-12-3144,497
Active participant vested funding target2017-12-311,227,017
Number of active participants2017-12-315
Total funding liabilities for active participants2017-12-311,227,017
Total participant count2017-12-3111
Total funding target for all participants2017-12-311,271,514
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3165,498
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 balance2017-12-3165,498
Present value of excess contributions2017-12-31451,947
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31451,947
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 year2017-12-3162,872
Total employer contributions2017-12-31286,000
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 date2017-12-31234,833
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 cost2017-12-31131,702
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31234,833
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: MARK S STERN, M.D, A P.C. DEFINED BENEFIT PENSION 2016 401k membership
Market value of plan assets2016-12-311,484,422
Acturial value of plan assets2016-12-311,484,422
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-315
Fundng target for terminated vested participants2016-12-3134,801
Active participant vested funding target2016-12-311,070,419
Number of active participants2016-12-314
Total funding liabilities for active participants2016-12-311,084,070
Total participant count2016-12-319
Total funding target for all participants2016-12-311,118,871
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3168,170
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 balance2016-12-3168,170
Present value of excess contributions2016-12-31418,413
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31418,413
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 year2016-12-3165,498
Total employer contributions2016-12-31459,000
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 date2016-12-31451,947
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 cost2016-12-31112,460
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31451,947
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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