401k Plan data: DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN plan

DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN
Plan identification number	002

DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DAVID SILVERMAN & ASSOCIATES, INC has sponsored the creation of one or more 401k plans.

Company Name: DAVID SILVERMAN & ASSOCIATES, INC

Employer identification number (EIN): 710927510

NAIC Classification: 423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2016-01-01 WILLIAM GONZALES 2017-05-25
002 2015-01-01 WILLIAM GONZALES 2016-03-24
002 2014-01-01 WILLIAM GONZALES 2016-03-17
002 2014-01-01 WILLIAM GONZALES 2015-06-16
002 2013-01-01 WILLIAM GONZALES 2014-08-18
002 2012-01-01 WILLIAM GONZALES 2013-10-10
002 2011-01-01 WILLIAM C. GONZALES 2012-07-06
002 2010-01-01 WILLIAM C. GONZALES 2011-05-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2016-01-01	WILLIAM GONZALES	2017-05-25
002	2015-01-01	WILLIAM GONZALES	2016-03-24
002	2014-01-01	WILLIAM GONZALES	2016-03-17
002	2014-01-01	WILLIAM GONZALES	2015-06-16
002	2013-01-01	WILLIAM GONZALES	2014-08-18
002	2012-01-01	WILLIAM GONZALES	2013-10-10
002	2011-01-01	WILLIAM C. GONZALES	2012-07-06
002	2010-01-01	WILLIAM C. GONZALES	2011-05-06

Plan Statistics for DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN

Measure Date Value
2016: DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets 2016-10-15 2,224,989
Acturial value of plan assets 2016-10-15 2,224,989
Funding target for retired participants and beneficiaries receiving payment 2016-10-15 0
Number of terminated vested participants 2016-10-15 2
Fundng target for terminated vested participants 2016-10-15 13,101
Active participant vested funding target 2016-10-15 2,386,593
Number of active participants 2016-10-15 13
Total funding liabilities for active participants 2016-10-15 2,392,424
Total participant count 2016-10-15 15
Total funding target for all participants 2016-10-15 2,405,525
Balance at beginning of prior year after applicable adjustments 2016-10-15 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-10-15 6,037
Carryover balanced portion elected for use to offset prior years funding requirement 2016-10-15 0
Prefunding balanced used to offset prior years funding requirement 2016-10-15 0
Amount remaining of carryover balance 2016-10-15 0
Amount remaining of prefunding balance 2016-10-15 6,037
Present value of excess contributions 2016-10-15 1,502
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-10-15 1,597
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-10-15 0
Reductions in caryover balances due to elections or deemed elections 2016-10-15 0
Reductions in prefunding balances due to elections or deemed elections 2016-10-15 0
Balance of carryovers at beginning of current year 2016-10-15 0
Balance of prefunding at beginning of current year 2016-10-15 5,948
Total employer contributions 2016-10-15 9,653
Total employee contributions 2016-10-15 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-10-15 0
Contributions made to avoid restrictions adjusted to valuation date 2016-10-15 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-10-15 9,526
Unpaid minimum required contributions for all prior years 2016-10-15 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-10-15 0
Remaining amount of unpaid minimum required contributions 2016-10-15 0
Minimum required contributions for current year target normal cost 2016-10-15 0
Net shortfall amortization installment of oustanding balance 2016-10-15 186,484
Waiver amortization installment 2016-10-15 0
Waived amount of outstanding balance 2016-10-15 0
Total funding amount beforereflecting carryover/prefunding balances 2016-10-15 8,700
Carryover balance elected to use to offset funding requirement 2016-10-15 0
Prefunding balance elected to use to offset funding requirement 2016-10-15 0
Additional cash requirement 2016-10-15 8,700
Contributions allocatedtoward minimum required contributions for current year 2016-10-15 9,526
Unpaid minimum required contributions for current year 2016-10-15 0
Unpaid minimum required contributions for all years 2016-10-15 0

Measure	Date	Value
2016: DAVID SILVERMAN & ASSOCIATES DEFINED BENEFIT PENSION PLAN 2016 401k membership
Market value of plan assets	2016-10-15	2,224,989
Acturial value of plan assets	2016-10-15	2,224,989
Funding target for retired participants and beneficiaries receiving payment	2016-10-15	0
Number of terminated vested participants	2016-10-15	2
Fundng target for terminated vested participants	2016-10-15	13,101
Active participant vested funding target	2016-10-15	2,386,593
Number of active participants	2016-10-15	13
Total funding liabilities for active participants	2016-10-15	2,392,424
Total participant count	2016-10-15	15
Total funding target for all participants	2016-10-15	2,405,525
Balance at beginning of prior year after applicable adjustments	2016-10-15	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-10-15	6,037
Carryover balanced portion elected for use to offset prior years funding requirement	2016-10-15	0
Prefunding balanced used to offset prior years funding requirement	2016-10-15	0
Amount remaining of carryover balance	2016-10-15	0
Amount remaining of prefunding balance	2016-10-15	6,037
Present value of excess contributions	2016-10-15	1,502
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-10-15	1,597
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-10-15	0
Reductions in caryover balances due to elections or deemed elections	2016-10-15	0
Reductions in prefunding balances due to elections or deemed elections	2016-10-15	0
Balance of carryovers at beginning of current year	2016-10-15	0
Balance of prefunding at beginning of current year	2016-10-15	5,948
Total employer contributions	2016-10-15	9,653
Total employee contributions	2016-10-15	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-10-15	0
Contributions made to avoid restrictions adjusted to valuation date	2016-10-15	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-10-15	9,526
Unpaid minimum required contributions for all prior years	2016-10-15	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-10-15	0
Remaining amount of unpaid minimum required contributions	2016-10-15	0
Minimum required contributions for current year target normal cost	2016-10-15	0
Net shortfall amortization installment of oustanding balance	2016-10-15	186,484
Waiver amortization installment	2016-10-15	0
Waived amount of outstanding balance	2016-10-15	0
Total funding amount beforereflecting carryover/prefunding balances	2016-10-15	8,700
Carryover balance elected to use to offset funding requirement	2016-10-15	0
Prefunding balance elected to use to offset funding requirement	2016-10-15	0
Additional cash requirement	2016-10-15	8,700
Contributions allocatedtoward minimum required contributions for current year	2016-10-15	9,526
Unpaid minimum required contributions for current year	2016-10-15	0
Unpaid minimum required contributions for all years	2016-10-15	0

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Company Name:	DAVID SILVERMAN & ASSOCIATES, INC
Employer identification number (EIN):	710927510
NAIC Classification:	423600