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MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 401k Plan overview

Plan NameMARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN
Plan identification number 002

MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 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

MARK W. HOWARD, M.D. A MEDICAL CORP has sponsored the creation of one or more 401k plans.

Company Name:MARK W. HOWARD, M.D. A MEDICAL CORP
Employer identification number (EIN):770361699
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01MARK HOWARD
0022013-01-01MARK HOWARD
0022012-01-01MARK HOWARD
0022011-01-01MARK HOWARD

Plan Statistics for MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN

401k plan membership statisitcs for MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN

Measure Date Value
2018: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-312,074,411
Acturial value of plan assets2017-12-312,074,411
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-3118,490
Active participant vested funding target2017-12-31821,694
Number of active participants2017-12-311
Total funding liabilities for active participants2017-12-31821,694
Total participant count2017-12-313
Total funding target for all participants2017-12-31840,184
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
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 year2017-12-310
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 date2017-12-310
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 cost2017-12-310
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-013
Total number of active participants reported on line 7a of the Form 55002017-01-011
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-311,860,023
Acturial value of plan assets2016-12-311,860,023
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-313
Fundng target for terminated vested participants2016-12-31765,644
Number of active participants2016-12-310
Total participant count2016-12-313
Total funding target for all participants2016-12-31765,644
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
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 year2016-12-310
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 balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
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
Total participants, beginning-of-year2016-01-013
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-013
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0110
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-013
Total of all active and inactive participants2015-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-019
Total number of active participants reported on line 7a of the Form 55002014-01-019
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0111
Total number of active participants reported on line 7a of the Form 55002013-01-017
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0110
2012: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-019
Total number of active participants reported on line 7a of the Form 55002012-01-019
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-0111
Total participants2012-01-0111
2011: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-019
Total number of active participants reported on line 7a of the Form 55002011-01-019
Total of all active and inactive participants2011-01-019
Total participants2011-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN

Measure Date Value
2018 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2018 401k financial data
Total income from all sources2018-01-31$1,054
Expenses. Total of all expenses incurred2018-01-31$2,297,262
Benefits paid (including direct rollovers)2018-01-31$2,297,262
Total plan assets at end of year2018-01-31$0
Total plan assets at beginning of year2018-01-31$2,296,208
Value of fidelity bond covering the plan2018-01-31$225,000
Other income received2018-01-31$1,054
Net income (gross income less expenses)2018-01-31$-2,296,208
Net plan assets at end of year (total assets less liabilities)2018-01-31$0
Net plan assets at beginning of year (total assets less liabilities)2018-01-31$2,296,208
2017 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2017 401k financial data
Total income from all sources2017-12-31$269,742
Expenses. Total of all expenses incurred2017-12-31$47,945
Benefits paid (including direct rollovers)2017-12-31$26,962
Total plan assets at end of year2017-12-31$2,296,208
Total plan assets at beginning of year2017-12-31$2,074,411
Value of fidelity bond covering the plan2017-12-31$225,000
Other income received2017-12-31$269,742
Net income (gross income less expenses)2017-12-31$221,797
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,296,208
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,074,411
Assets. Value of assets in partnership/joint-venture interests2017-12-31$2,255,979
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$20,983
2016 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2016 401k financial data
Total income from all sources2016-12-31$231,735
Expenses. Total of all expenses incurred2016-12-31$17,347
Total plan assets at end of year2016-12-31$2,074,411
Total plan assets at beginning of year2016-12-31$1,860,023
Value of fidelity bond covering the plan2016-12-31$225,000
Other income received2016-12-31$231,735
Net income (gross income less expenses)2016-12-31$214,388
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,074,411
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,860,023
Assets. Value of assets in partnership/joint-venture interests2016-12-31$2,043,790
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$17,347
2015 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2015 401k financial data
Total income from all sources2015-12-31$-204,713
Expenses. Total of all expenses incurred2015-12-31$175,036
Benefits paid (including direct rollovers)2015-12-31$154,911
Total plan assets at end of year2015-12-31$1,860,023
Total plan assets at beginning of year2015-12-31$2,239,772
Value of fidelity bond covering the plan2015-12-31$225,000
Other income received2015-12-31$-204,713
Net income (gross income less expenses)2015-12-31$-379,749
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,860,023
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,239,772
Assets. Value of assets in partnership/joint-venture interests2015-12-31$1,832,618
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$20,125
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2014 401k financial data
Total income from all sources2014-12-31$753,478
Expenses. Total of all expenses incurred2014-12-31$17,685
Total plan assets at end of year2014-12-31$2,239,772
Total plan assets at beginning of year2014-12-31$1,503,979
Value of fidelity bond covering the plan2014-12-31$225,000
Other income received2014-12-31$628,478
Net income (gross income less expenses)2014-12-31$735,793
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,239,772
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,503,979
Assets. Value of assets in partnership/joint-venture interests2014-12-31$2,207,398
Total contributions received or receivable from employer(s)2014-12-31$125,000
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$17,685
2013 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2013 401k financial data
Total income from all sources2013-12-31$578,330
Expenses. Total of all expenses incurred2013-12-31$11,404
Total plan assets at end of year2013-12-31$1,503,979
Total plan assets at beginning of year2013-12-31$937,053
Value of fidelity bond covering the plan2013-12-31$151,000
Expenses. Other expenses not covered elsewhere2013-12-31$11,404
Other income received2013-12-31$308,330
Net income (gross income less expenses)2013-12-31$566,926
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,503,979
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$937,053
Assets. Value of assets in partnership/joint-venture interests2013-12-31$1,446,800
Total contributions received or receivable from employer(s)2013-12-31$270,000
2012 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2012 401k financial data
Total income from all sources2012-12-31$479,341
Expenses. Total of all expenses incurred2012-12-31$6,347
Total plan assets at end of year2012-12-31$937,053
Total plan assets at beginning of year2012-12-31$464,059
Other income received2012-12-31$268,854
Net income (gross income less expenses)2012-12-31$472,994
Net plan assets at end of year (total assets less liabilities)2012-12-31$937,053
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$464,059
Assets. Value of assets in partnership/joint-venture interests2012-12-31$883,171
Total contributions received or receivable from employer(s)2012-12-31$210,487
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$6,347
2011 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2011 401k financial data
Total income from all sources2011-12-31$-49,434
Expenses. Total of all expenses incurred2011-12-31$5,019
Total plan assets at end of year2011-12-31$464,059
Total plan assets at beginning of year2011-12-31$518,512
Other income received2011-12-31$-172,438
Net income (gross income less expenses)2011-12-31$-54,453
Net plan assets at end of year (total assets less liabilities)2011-12-31$464,059
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$518,512
Assets. Value of assets in partnership/joint-venture interests2011-12-31$431,031
Total contributions received or receivable from employer(s)2011-12-31$123,004
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$5,019
2010 : MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2010 401k financial data
Total income from all sources2010-12-31$236,607
Expenses. Total of all expenses incurred2010-12-31$2,331
Total plan assets at end of year2010-12-31$518,512
Total plan assets at beginning of year2010-12-31$284,236
Expenses. Other expenses not covered elsewhere2010-12-31$2,331
Other income received2010-12-31$60,310
Net income (gross income less expenses)2010-12-31$234,276
Net plan assets at end of year (total assets less liabilities)2010-12-31$518,512
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$284,236
Assets. Value of assets in partnership/joint-venture interests2010-12-31$436,953
Total contributions received or receivable from employer(s)2010-12-31$176,297

Form 5500 Responses for MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN

2018: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingYes
2018-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MARK W. HOWARD, M.D. A MEDICAL CORP CASH BALANCE PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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