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DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST 401k Plan overview

Plan NameDAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST
Plan identification number 001

DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST Benefits

401k Plan TypeDefined 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).

401k Sponsoring company profile

DAVID S. GILMORE, DDS, MSD, INC. has sponsored the creation of one or more 401k plans.

Company Name:DAVID S. GILMORE, DDS, MSD, INC.
Employer identification number (EIN):452485902
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DAVID S. GILMORE2023-06-06 DAVID S. GILMORE2023-06-06
0012021-01-01DAVID S. GILMORE2022-03-16 DAVID S. GILMORE2022-03-16
0012020-01-01DAVID S. GILMORE2021-09-16 DAVID S. GILMORE2021-09-16
0012019-01-01DAVID S. GILMORE2020-08-27 DAVID S. GILMORE2020-08-27

Plan Statistics for DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST

401k plan membership statisitcs for DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST

Measure Date Value
2021: DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST 2021 401k membership
Market value of plan assets2021-12-31450,886
Acturial value of plan assets2021-12-31450,886
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-312
Fundng target for terminated vested participants2021-12-311,722
Active participant vested funding target2021-12-31361,801
Number of active participants2021-12-316
Total funding liabilities for active participants2021-12-31361,801
Total participant count2021-12-318
Total funding target for all participants2021-12-31363,523
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 contributions2021-12-3139,090
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-3139,090
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 contributions2021-12-31150,000
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 date2021-12-31150,903
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31169,613
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3182,250
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-3182,250
Contributions allocatedtoward minimum required contributions for current year2021-12-31150,903
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST 2020 401k membership
Market value of plan assets2020-12-31203,871
Acturial value of plan assets2020-12-31203,871
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-311
Fundng target for terminated vested participants2020-12-31607
Active participant vested funding target2020-12-31176,569
Number of active participants2020-12-316
Total funding liabilities for active participants2020-12-31176,569
Total participant count2020-12-317
Total funding target for all participants2020-12-31177,176
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 contributions2020-12-314,546
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-314,546
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 contributions2020-12-31180,000
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 date2020-12-31181,941
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31169,546
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31142,851
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31142,851
Contributions allocatedtoward minimum required contributions for current year2020-12-31181,941
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: DAVID S. GILMORE, DDS, MSD, INC. CASH BALANCE PLAN & TRUST 2019 401k membership
Market value of plan assets2019-12-310
Acturial value of plan assets2019-12-310
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-310
Number of active participants2019-12-316
Total funding liabilities for active participants2019-12-310
Total participant count2019-12-316
Total funding target for all participants2019-12-310
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 contributions2019-12-31170,749
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 date2019-12-31169,040
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31164,494
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31164,494
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31164,494
Contributions allocatedtoward minimum required contributions for current year2019-12-31169,040
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310

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