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RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST 401k Plan overview

Plan NameRICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST
Plan identification number 003

RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related

401k Sponsoring company profile

RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL CORPORATION
Employer identification number (EIN):330941754
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032021-01-01RICHARD LEUNG2022-05-25 RICHARD LEUNG2022-05-25
0032020-01-01RICHARD LEUNG2021-09-22 RICHARD LEUNG2021-09-22
0032019-01-01RICHARD LEUNG2020-04-09 RICHARD LEUNG2020-04-09
0032018-01-01RICHARD LEUNG2019-02-22 RICHARD LEUNG2019-02-22
0032017-01-01RICHARD LEUNG2018-05-24 RICHARD LEUNG2018-05-24
0032016-01-01RICHARD LEUNG2017-08-23 RICHARD LEUNG2017-08-23
0032015-01-01RICHARD LEUNG2016-04-21 RICHARD LEUNG2016-04-21
0032014-01-01RICHARD LEUNG2015-06-29 RICHARD LEUNG2015-06-29
0032013-01-01RICHARD LEUNG2014-09-17 RICHARD LEUNG2014-09-17
0032012-01-01RICHARD LEUNG2013-07-16 RICHARD LEUNG2013-07-16

Plan Statistics for RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST

401k plan membership statisitcs for RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST

Measure Date Value
2021: RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST 2021 401k membership
Market value of plan assets2021-12-312,392,976
Acturial value of plan assets2021-12-312,392,976
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-311,380,029
Number of active participants2021-12-311
Total funding liabilities for active participants2021-12-311,380,029
Total participant count2021-12-311
Total funding target for all participants2021-12-311,380,029
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
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
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 date2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST 2020 401k membership
Market value of plan assets2020-12-312,040,414
Acturial value of plan assets2020-12-312,040,414
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-311
Fundng target for terminated vested participants2020-12-311,593
Active participant vested funding target2020-12-311,314,314
Number of active participants2020-12-311
Total funding liabilities for active participants2020-12-311,314,314
Total participant count2020-12-312
Total funding target for all participants2020-12-311,315,907
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
Present value of excess contributions2020-12-31477,468
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31477,468
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
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 date2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST 2019 401k membership
Market value of plan assets2019-12-31898,744
Acturial value of plan assets2019-12-31898,744
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-316
Fundng target for terminated vested participants2019-12-3115,726
Active participant vested funding target2019-12-31622,037
Number of active participants2019-12-311
Total funding liabilities for active participants2019-12-31622,037
Total participant count2019-12-317
Total funding target for all participants2019-12-31637,763
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
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
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 contributions2019-12-31875,799
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 date2019-12-31866,281
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31649,794
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31388,813
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31388,813
Contributions allocatedtoward minimum required contributions for current year2019-12-31866,281
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST 2018 401k membership
Market value of plan assets2018-12-31747,979
Acturial value of plan assets2018-12-31747,979
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-311
Fundng target for terminated vested participants2018-12-31880
Active participant vested funding target2018-12-31539,066
Number of active participants2018-12-316
Total funding liabilities for active participants2018-12-31541,311
Total participant count2018-12-317
Total funding target for all participants2018-12-31542,191
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
Present value of excess contributions2018-12-31156,990
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31156,990
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
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 date2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31108,044
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST 2017 401k membership
Market value of plan assets2017-12-31698,252
Acturial value of plan assets2017-12-31698,252
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-313
Fundng target for terminated vested participants2017-12-312,196
Active participant vested funding target2017-12-31450,848
Number of active participants2017-12-314
Total funding liabilities for active participants2017-12-31453,045
Total participant count2017-12-317
Total funding target for all participants2017-12-31455,241
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
Present value of excess contributions2017-12-31216,636
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31216,636
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 contributions2017-12-31158,847
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 date2017-12-31156,990
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3199,550
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31156,990
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: RICHARD J. LEUNG, M.D., A PROFESSIONAL MEDICAL COR DEFINED BENEFIT PENSION PLAN & TRUST 2016 401k membership
Market value of plan assets2016-12-31476,645
Acturial value of plan assets2016-12-31476,645
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-312
Fundng target for terminated vested participants2016-12-317,891
Active participant vested funding target2016-12-31336,752
Number of active participants2016-12-315
Total funding liabilities for active participants2016-12-31338,089
Total participant count2016-12-317
Total funding target for all participants2016-12-31345,980
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
Present value of excess contributions2016-12-31150,247
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31150,247
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 contributions2016-12-31217,621
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 date2016-12-31216,636
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3192,069
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31216,636
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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