401k Plan data: DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN plan

DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN 401k Plan overview

Plan Name	DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN
Plan identification number	002

DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
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.
Life insurance

401k Sponsoring company profile

DAVID T. BORTEL, M.D., P.C. has sponsored the creation of one or more 401k plans.

Company Name: DAVID T. BORTEL, M.D., P.C.

Employer identification number (EIN): 383380176

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2020-01-01 DAVID BORTEL 2020-12-23
002 2019-01-01 DAVID BORTEL 2020-10-01
002 2018-01-01 DAVID BORTEL 2019-08-27
002 2017-01-01 DAVID BORTEL 2018-06-25
002 2016-01-01 DAVID BORTEL 2017-10-04
002 2015-01-01 DAVID BORTEL 2016-09-27
002 2014-01-01 DAVID BORTEL 2015-09-28
002 2013-01-01 DAVID BORTEL 2014-10-08
002 2012-01-01 DAVID BORTEL 2013-10-04
002 2011-01-01 DAVID BORTEL 2012-10-11
002 2010-01-01 DAVID BORTEL 2011-10-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2020-01-01	DAVID BORTEL	2020-12-23
002	2019-01-01	DAVID BORTEL	2020-10-01
002	2018-01-01	DAVID BORTEL	2019-08-27
002	2017-01-01	DAVID BORTEL	2018-06-25
002	2016-01-01	DAVID BORTEL	2017-10-04
002	2015-01-01	DAVID BORTEL	2016-09-27
002	2014-01-01	DAVID BORTEL	2015-09-28
002	2013-01-01	DAVID BORTEL	2014-10-08
002	2012-01-01	DAVID BORTEL	2013-10-04
002	2011-01-01	DAVID BORTEL	2012-10-11
002	2010-01-01	DAVID BORTEL	2011-10-01

Plan Statistics for DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN

401k plan membership statisitcs for DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN

Measure Date Value
2018: DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 4,839,542
Acturial value of plan assets 2018-12-31 4,839,542
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 10
Fundng target for terminated vested participants 2018-12-31 25,928
Active participant vested funding target 2018-12-31 4,392,378
Number of active participants 2018-12-31 2
Total funding liabilities for active participants 2018-12-31 4,392,378
Total participant count 2018-12-31 12
Total funding target for all participants 2018-12-31 4,418,306
Balance at beginning of prior year after applicable adjustments 2018-12-31 83,907
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 464,836
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 83,907
Amount remaining of prefunding balance 2018-12-31 464,836
Present value of excess contributions 2018-12-31 21,823
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 23,069
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 90,250
Balance of prefunding at beginning of current year 2018-12-31 499,978
Total employer contributions 2018-12-31 0
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 0
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 4,481,265
Acturial value of plan assets 2017-12-31 4,481,265
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 6
Fundng target for terminated vested participants 2017-12-31 30,650
Active participant vested funding target 2017-12-31 3,795,115
Number of active participants 2017-12-31 7
Total funding liabilities for active participants 2017-12-31 3,797,669
Total participant count 2017-12-31 13
Total funding target for all participants 2017-12-31 3,828,319
Balance at beginning of prior year after applicable adjustments 2017-12-31 79,352
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 439,603
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 79,352
Amount remaining of prefunding balance 2017-12-31 439,603
Present value of excess contributions 2017-12-31 23,731
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 25,131
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 83,907
Balance of prefunding at beginning of current year 2017-12-31 464,836
Total employer contributions 2017-12-31 22,996
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 21,823
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 1,708
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 21,823
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 4,214,348
Acturial value of plan assets 2016-12-31 4,214,348
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 6
Fundng target for terminated vested participants 2016-12-31 26,297
Active participant vested funding target 2016-12-31 3,304,050
Number of active participants 2016-12-31 3
Total funding liabilities for active participants 2016-12-31 3,304,790
Total participant count 2016-12-31 9
Total funding target for all participants 2016-12-31 3,331,087
Balance at beginning of prior year after applicable adjustments 2016-12-31 77,258
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 428,004
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 77,258
Amount remaining of prefunding balance 2016-12-31 428,004
Present value of excess contributions 2016-12-31 24,471
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 25,964
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 79,352
Balance of prefunding at beginning of current year 2016-12-31 439,603
Total employer contributions 2016-12-31 25,037
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 23,731
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 143,336
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 23,731
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2018: DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	4,839,542
Acturial value of plan assets	2018-12-31	4,839,542
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	10
Fundng target for terminated vested participants	2018-12-31	25,928
Active participant vested funding target	2018-12-31	4,392,378
Number of active participants	2018-12-31	2
Total funding liabilities for active participants	2018-12-31	4,392,378
Total participant count	2018-12-31	12
Total funding target for all participants	2018-12-31	4,418,306
Balance at beginning of prior year after applicable adjustments	2018-12-31	83,907
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	464,836
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	83,907
Amount remaining of prefunding balance	2018-12-31	464,836
Present value of excess contributions	2018-12-31	21,823
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	23,069
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	90,250
Balance of prefunding at beginning of current year	2018-12-31	499,978
Total employer contributions	2018-12-31	0
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	4,481,265
Acturial value of plan assets	2017-12-31	4,481,265
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	6
Fundng target for terminated vested participants	2017-12-31	30,650
Active participant vested funding target	2017-12-31	3,795,115
Number of active participants	2017-12-31	7
Total funding liabilities for active participants	2017-12-31	3,797,669
Total participant count	2017-12-31	13
Total funding target for all participants	2017-12-31	3,828,319
Balance at beginning of prior year after applicable adjustments	2017-12-31	79,352
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	439,603
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	79,352
Amount remaining of prefunding balance	2017-12-31	439,603
Present value of excess contributions	2017-12-31	23,731
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	25,131
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	83,907
Balance of prefunding at beginning of current year	2017-12-31	464,836
Total employer contributions	2017-12-31	22,996
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	21,823
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	1,708
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	21,823
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: DAVID T. BORTEL, M.D., P.C. CASH BALANCE PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	4,214,348
Acturial value of plan assets	2016-12-31	4,214,348
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	6
Fundng target for terminated vested participants	2016-12-31	26,297
Active participant vested funding target	2016-12-31	3,304,050
Number of active participants	2016-12-31	3
Total funding liabilities for active participants	2016-12-31	3,304,790
Total participant count	2016-12-31	9
Total funding target for all participants	2016-12-31	3,331,087
Balance at beginning of prior year after applicable adjustments	2016-12-31	77,258
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	428,004
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	77,258
Amount remaining of prefunding balance	2016-12-31	428,004
Present value of excess contributions	2016-12-31	24,471
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	25,964
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	79,352
Balance of prefunding at beginning of current year	2016-12-31	439,603
Total employer contributions	2016-12-31	25,037
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	23,731
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	143,336
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	23,731
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	DAVID T. BORTEL, M.D., P.C.
Employer identification number (EIN):	383380176
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)