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PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 401k Plan overview

Plan NamePARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN
Plan identification number 001

PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.

401k Sponsoring company profile

PARK AVENUE DENTISTRY OF YONKERS, PLLC has sponsored the creation of one or more 401k plans.

Company Name:PARK AVENUE DENTISTRY OF YONKERS, PLLC
Employer identification number (EIN):452808061
NAIC Classification:621210
NAIC Description:Offices of Dentists

Additional information about PARK AVENUE DENTISTRY OF YONKERS, PLLC

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 2011-07-14
Company Identification Number: 4118447
Legal Registered Office Address: 169 PARK AVENUE
Westchester
YONKERS
United States of America (USA)
10703

More information about PARK AVENUE DENTISTRY OF YONKERS, PLLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01FARZIN FAROKHZADEH2013-10-15 FARZIN FAROKHZADEH2013-10-15

Plan Statistics for PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN

401k plan membership statisitcs for PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN

Measure Date Value
2022: PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-12-312,871,285
Acturial value of plan assets2022-12-312,871,285
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-3119
Fundng target for terminated vested participants2022-12-31104,250
Active participant vested funding target2022-12-312,658,215
Number of active participants2022-12-318
Total funding liabilities for active participants2022-12-312,661,156
Total participant count2022-12-3127
Total funding target for all participants2022-12-312,765,406
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31622,875
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-31129,176
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31493,699
Present value of excess contributions2022-12-31302,414
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31302,414
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-31302,414
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31855,110
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31179,659
Net shortfall amortization installment of oustanding balance2022-12-31798,742
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-31253,472
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-31253,472
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-312,961,638
Acturial value of plan assets2021-12-312,961,638
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-3120
Fundng target for terminated vested participants2021-12-3164,148
Active participant vested funding target2021-12-312,132,653
Number of active participants2021-12-316
Total funding liabilities for active participants2021-12-312,132,653
Total participant count2021-12-3126
Total funding target for all participants2021-12-312,196,801
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31588,568
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-31258,227
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31330,341
Present value of excess contributions2021-12-31254,710
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31254,710
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-31254,710
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 year2021-12-31622,875
Total employer contributions2021-12-31315,000
Total employee contributions2021-12-310
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 date2021-12-31302,414
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31241,467
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31136,940
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-31136,940
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31302,414
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-312,400,010
Acturial value of plan assets2020-12-312,400,010
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-3118
Fundng target for terminated vested participants2020-12-3160,350
Active participant vested funding target2020-12-311,887,158
Number of active participants2020-12-314
Total funding liabilities for active participants2020-12-311,887,158
Total participant count2020-12-3122
Total funding target for all participants2020-12-311,947,508
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31466,088
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-31218,347
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31247,741
Present value of excess contributions2020-12-31287,414
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31287,414
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-31287,414
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 year2020-12-31588,568
Total employer contributions2020-12-31265,000
Total employee contributions2020-12-310
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 date2020-12-31254,710
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31235,894
Net shortfall amortization installment of oustanding balance2020-12-31170,674
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31273,411
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-31273,411
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-31254,710
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-311,872,461
Acturial value of plan assets2019-12-311,872,461
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-3114
Fundng target for terminated vested participants2019-12-3153,949
Active participant vested funding target2019-12-311,442,059
Number of active participants2019-12-315
Total funding liabilities for active participants2019-12-311,442,059
Total participant count2019-12-3119
Total funding target for all participants2019-12-311,496,008
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31564,421
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-31261,425
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31302,996
Present value of excess contributions2019-12-31191,543
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31191,543
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-31191,543
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 year2019-12-31466,088
Total employer contributions2019-12-31296,853
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 date2019-12-31287,414
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
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 cost2019-12-31206,008
Net shortfall amortization installment of oustanding balance2019-12-31117,973
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31231,623
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31231,623
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-31287,414
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-311,365,343
Acturial value of plan assets2018-12-311,365,343
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-319
Fundng target for terminated vested participants2018-12-312,605
Active participant vested funding target2018-12-311,095,119
Number of active participants2018-12-319
Total funding liabilities for active participants2018-12-311,095,119
Total participant count2018-12-3118
Total funding target for all participants2018-12-311,097,724
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31414,579
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-31143,782
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31270,797
Present value of excess contributions2018-12-31240,467
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31240,467
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-31240,467
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 year2018-12-31564,421
Total employer contributions2018-12-31199,890
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 date2018-12-31191,543
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 cost2018-12-31223,586
Net shortfall amortization installment of oustanding balance2018-12-31332,191
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31277,816
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-31277,816
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-31191,543
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-311,240,850
Acturial value of plan assets2017-12-311,240,850
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-316
Fundng target for terminated vested participants2017-12-311,350
Active participant vested funding target2017-12-31790,734
Number of active participants2017-12-319
Total funding liabilities for active participants2017-12-31790,734
Total participant count2017-12-3115
Total funding target for all participants2017-12-31792,084
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31333,152
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-31141,688
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31191,464
Present value of excess contributions2017-12-31210,287
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31210,287
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-31210,287
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 year2017-12-31414,579
Total employer contributions2017-12-31250,000
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 date2017-12-31240,467
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 cost2017-12-31160,421
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31153,099
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-31153,099
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31240,467
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: PARK AVENUE DENTISTRY OF YONKERS, PLLC DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-31842,570
Acturial value of plan assets2016-12-31842,570
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-311,504
Active participant vested funding target2016-12-31439,344
Number of active participants2016-12-315
Total funding liabilities for active participants2016-12-31549,180
Total participant count2016-12-316
Total funding target for all participants2016-12-31550,684
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31251,165
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-31125,309
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31125,856
Present value of excess contributions2016-12-31209,952
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31209,952
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31209,952
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 year2016-12-31333,152
Total employer contributions2016-12-31220,000
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 date2016-12-31210,287
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 cost2016-12-31139,565
Net shortfall amortization installment of oustanding balance2016-12-3163,422
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31151,111
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-31151,111
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31210,287
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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