401k Plan data: VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST plan

VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST 401k Plan overview

Plan Name	VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST
Plan identification number	002

VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST Benefits

401k Plan Type	Defined 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

VALLEY CARDIOLOGY AND VASCULAR has sponsored the creation of one or more 401k plans.

Company Name: VALLEY CARDIOLOGY AND VASCULAR

Employer identification number (EIN): 464736547

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

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 BASIL YOUNES 2023-10-06 BASIL YOUNES 2023-10-06
002 2021-01-01 BASIL YOUNES 2022-10-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	BASIL YOUNES	2023-10-06	BASIL YOUNES	2023-10-06
002	2021-01-01	BASIL YOUNES	2022-10-06

Plan Statistics for VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST

401k plan membership statisitcs for VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST

Measure Date Value
2022: VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST 2022 401k membership
Market value of plan assets 2022-12-31 818,535
Acturial value of plan assets 2022-12-31 818,535
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 3
Fundng target for terminated vested participants 2022-12-31 10,734
Active participant vested funding target 2022-12-31 637,991
Number of active participants 2022-12-31 4
Total funding liabilities for active participants 2022-12-31 683,980
Total participant count 2022-12-31 7
Total funding target for all participants 2022-12-31 694,714
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 171,824
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 171,824
Present value of excess contributions 2022-12-31 137,967
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 137,967
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 198,010
Total employer contributions 2022-12-31 0
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 191,668
Net shortfall amortization installment of oustanding balance 2022-12-31 84,882
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 199,512
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 199,512
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST 2021 401k membership
Market value of plan assets 2021-12-31 696,994
Acturial value of plan assets 2021-12-31 696,994
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 1
Fundng target for terminated vested participants 2021-12-31 922
Active participant vested funding target 2021-12-31 402,634
Number of active participants 2021-12-31 5
Total funding liabilities for active participants 2021-12-31 453,238
Total participant count 2021-12-31 6
Total funding target for all participants 2021-12-31 454,160
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 120,000
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 120,000
Present value of excess contributions 2021-12-31 107,801
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 107,801
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 20,000
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 171,824
Total employer contributions 2021-12-31 270,629
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 260,492
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 183,999
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 122,525
Additional cash requirement 2021-12-31 122,525
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 260,492
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0

Measure	Date	Value
2022: VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST 2022 401k membership
Market value of plan assets	2022-12-31	818,535
Acturial value of plan assets	2022-12-31	818,535
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	3
Fundng target for terminated vested participants	2022-12-31	10,734
Active participant vested funding target	2022-12-31	637,991
Number of active participants	2022-12-31	4
Total funding liabilities for active participants	2022-12-31	683,980
Total participant count	2022-12-31	7
Total funding target for all participants	2022-12-31	694,714
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	171,824
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	171,824
Present value of excess contributions	2022-12-31	137,967
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	137,967
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	198,010
Total employer contributions	2022-12-31	0
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	191,668
Net shortfall amortization installment of oustanding balance	2022-12-31	84,882
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	199,512
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	199,512
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: VALLEY CARDIOLOGY AND VASCULAR DEFINED BENEFIT PLAN & TRUST 2021 401k membership
Market value of plan assets	2021-12-31	696,994
Acturial value of plan assets	2021-12-31	696,994
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	1
Fundng target for terminated vested participants	2021-12-31	922
Active participant vested funding target	2021-12-31	402,634
Number of active participants	2021-12-31	5
Total funding liabilities for active participants	2021-12-31	453,238
Total participant count	2021-12-31	6
Total funding target for all participants	2021-12-31	454,160
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	120,000
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	120,000
Present value of excess contributions	2021-12-31	107,801
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	107,801
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	20,000
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	171,824
Total employer contributions	2021-12-31	270,629
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	260,492
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	183,999
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	122,525
Additional cash requirement	2021-12-31	122,525
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	260,492
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0

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Company Name:	VALLEY CARDIOLOGY AND VASCULAR
Employer identification number (EIN):	464736547
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)