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ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 401k Plan overview

Plan NameORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST
Plan identification number 003

ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION 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).
  • 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

ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. has sponsored the creation of one or more 401k plans.

Company Name:ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A.
Employer identification number (EIN):520957793
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01RICHARD KRAMER2024-06-25
0032022-01-01RICHARD KRAMER2023-06-28
0032021-01-01RICHARD KRAMER2022-08-27
0032020-01-01RICHARD KRAMER2021-09-14
0032019-01-01RICHARD KRAMER2020-08-27
0032018-01-01RICHARD KRAMER2019-06-25
0032017-01-01RICHARD KRAMER2018-05-29
0032016-01-01RICHARD KRAMER2017-07-12
0032015-01-01RICHARD KRAMER2016-09-29
0032014-01-01RICHARD KRAMER2015-09-22
0032013-01-01RICHARD KRAMER2014-09-18
0032012-01-01RICHARD KRAMER2013-07-01
0032011-01-01RICHARD KRAMER2012-07-31
0032010-01-01RICHARD KRAMER2011-08-23

Plan Statistics for ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST

401k plan membership statisitcs for ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST

Measure Date Value
2022: ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 2022 401k membership
Market value of plan assets2022-12-312,205,014
Acturial value of plan assets2022-12-312,205,014
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-311
Fundng target for terminated vested participants2022-12-319,470
Active participant vested funding target2022-12-312,400,083
Number of active participants2022-12-3113
Total funding liabilities for active participants2022-12-312,400,083
Total participant count2022-12-3114
Total funding target for all participants2022-12-312,409,553
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31109,913
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31109,913
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
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 year2022-12-31109,913
Total employer contributions2022-12-310
Total employee contributions2022-12-310
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 cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-31320,266
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-3129,596
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-3129,596
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: ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 2021 401k membership
Market value of plan assets2021-12-312,648,865
Acturial value of plan assets2021-12-312,648,865
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-313
Fundng target for terminated vested participants2021-12-3116,996
Active participant vested funding target2021-12-312,287,545
Number of active participants2021-12-3113
Total funding liabilities for active participants2021-12-312,287,545
Total participant count2021-12-3116
Total funding target for all participants2021-12-312,304,541
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31109,913
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
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31109,913
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 year2021-12-31109,913
Total employer contributions2021-12-310
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 date2021-12-310
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 cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 2020 401k membership
Market value of plan assets2020-12-312,490,072
Acturial value of plan assets2020-12-312,490,072
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-312
Fundng target for terminated vested participants2020-12-3110,006
Active participant vested funding target2020-12-312,186,015
Number of active participants2020-12-3114
Total funding liabilities for active participants2020-12-312,186,015
Total participant count2020-12-3116
Total funding target for all participants2020-12-312,196,021
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31131,812
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
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31131,812
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
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 elections2020-12-3150,845
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31109,913
Total employer contributions2020-12-310
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 date2020-12-310
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 cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 2019 401k membership
Market value of plan assets2019-12-312,273,547
Acturial value of plan assets2019-12-312,273,547
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-311
Fundng target for terminated vested participants2019-12-311,649
Active participant vested funding target2019-12-312,134,792
Number of active participants2019-12-3115
Total funding liabilities for active participants2019-12-312,134,792
Total participant count2019-12-3116
Total funding target for all participants2019-12-312,136,441
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31185,565
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3146,116
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31139,449
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 elections2019-12-31204
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31131,812
Total employer contributions2019-12-310
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 date2019-12-310
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 cost2019-12-310
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 2018 401k membership
Market value of plan assets2018-12-311,946,225
Acturial value of plan assets2018-12-311,946,225
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-311
Fundng target for terminated vested participants2018-12-311,477
Active participant vested funding target2018-12-312,045,662
Number of active participants2018-12-3115
Total funding liabilities for active participants2018-12-312,045,662
Total participant count2018-12-3116
Total funding target for all participants2018-12-312,047,139
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31111,908
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
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31111,908
Present value of excess contributions2018-12-3159,702
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3159,702
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-3159,702
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 year2018-12-31185,565
Total employer contributions2018-12-310
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 date2018-12-310
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 cost2018-12-310
Net shortfall amortization installment of oustanding balance2018-12-31294,124
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3148,016
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-3148,016
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 2017 401k membership
Market value of plan assets2017-12-312,055,831
Acturial value of plan assets2017-12-312,055,831
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-311
Fundng target for terminated vested participants2017-12-311,315
Active participant vested funding target2017-12-311,881,584
Number of active participants2017-12-3115
Total funding liabilities for active participants2017-12-311,881,584
Total participant count2017-12-3116
Total funding target for all participants2017-12-311,882,899
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31147,649
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-3143,306
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31104,343
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
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 year2017-12-31111,908
Total employer contributions2017-12-3160,000
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 date2017-12-3159,702
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 cost2017-12-310
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-3159,702
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: ORAL & FACIAL SURGERY, DRS. KRAMER & KOTERWAS, P.A. CASH BALANCE PENSION PLAN & TRUST 2016 401k membership
Market value of plan assets2016-12-311,793,402
Acturial value of plan assets2016-12-311,793,402
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-313
Fundng target for terminated vested participants2016-12-315,254
Active participant vested funding target2016-12-311,773,975
Number of active participants2016-12-3115
Total funding liabilities for active participants2016-12-311,773,975
Total participant count2016-12-3118
Total funding target for all participants2016-12-311,779,229
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31397,732
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-31252,226
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31145,506
Present value of excess contributions2016-12-313,857
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-313,599
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-313,598
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 year2016-12-31147,649
Total employer contributions2016-12-310
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 date2016-12-310
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 cost2016-12-310
Net shortfall amortization installment of oustanding balance2016-12-31141,390
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3145,622
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-3145,622
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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