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JEFFRY POTASH, MD, P.C. RETIREMENT PLAN 401k Plan overview

Plan NameJEFFRY POTASH, MD, P.C. RETIREMENT PLAN
Plan identification number 003

JEFFRY POTASH, MD, P.C. RETIREMENT PLAN Benefits

401k Plan TypeDefined 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

JEFFRY POTASH, M.D., P.C. has sponsored the creation of one or more 401k plans.

Company Name:JEFFRY POTASH, M.D., P.C.
Employer identification number (EIN):030351820
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JEFFRY POTASH, MD, P.C. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01
0032016-01-01
0032015-01-01
0032014-01-01JEFFRY POTASH2015-09-22
0032013-01-01JEFFRY POTASH2014-09-26
0032012-01-01JEFFRY POTASH2013-09-18
0032011-01-01JEFFRY POTASH2012-06-19
0032010-01-01JEFFRY POTASH2011-09-19

Plan Statistics for JEFFRY POTASH, MD, P.C. RETIREMENT PLAN

401k plan membership statisitcs for JEFFRY POTASH, MD, P.C. RETIREMENT PLAN

Measure Date Value
2019: JEFFRY POTASH, MD, P.C. RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-312,045,477
Acturial value of plan assets2019-12-312,045,477
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-3117,541
Active participant vested funding target2019-12-311,973,608
Number of active participants2019-12-313
Total funding liabilities for active participants2019-12-311,984,811
Total participant count2019-12-315
Total funding target for all participants2019-12-312,002,352
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31220,613
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31220,613
Present value of excess contributions2019-12-317,002
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-317,346
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-317,346
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 year2019-12-31233,210
Total employer contributions2019-12-3168,098
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 date2019-12-3161,747
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 cost2019-12-31199,350
Net shortfall amortization installment of oustanding balance2019-12-31190,085
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31230,236
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31168,489
Additional cash requirement2019-12-3161,747
Contributions allocatedtoward minimum required contributions for current year2019-12-3161,747
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: JEFFRY POTASH, MD, P.C. RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-312,040,609
Acturial value of plan assets2018-12-312,040,609
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-3116,245
Active participant vested funding target2018-12-311,719,159
Number of active participants2018-12-313
Total funding liabilities for active participants2018-12-311,723,696
Total participant count2018-12-315
Total funding target for all participants2018-12-311,739,941
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31184,386
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 balance2018-12-31184,386
Present value of excess contributions2018-12-318,768
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-319,196
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-319,196
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 year2018-12-31220,613
Total employer contributions2018-12-31124,944
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 date2018-12-31115,208
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
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 cost2018-12-31190,816
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31110,761
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31110,761
Contributions allocatedtoward minimum required contributions for current year2018-12-31115,208
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: JEFFRY POTASH, MD, P.C. RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-311,623,900
Acturial value of plan assets2017-12-311,623,900
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-3114,436
Active participant vested funding target2017-12-311,426,792
Number of active participants2017-12-312
Total funding liabilities for active participants2017-12-311,426,792
Total participant count2017-12-314
Total funding target for all participants2017-12-311,441,228
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31178,108
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 balance2017-12-31178,108
Present value of excess contributions2017-12-317,258
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-317,614
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-317,614
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 year2017-12-31184,386
Total employer contributions2017-12-31226,201
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 date2017-12-31209,446
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 cost2017-12-31173,701
Net shortfall amortization installment of oustanding balance2017-12-3146,748
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31200,678
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31200,678
Contributions allocatedtoward minimum required contributions for current year2017-12-31209,446
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: JEFFRY POTASH, MD, P.C. RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-311,346,911
Acturial value of plan assets2016-12-311,346,911
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-3111,278
Active participant vested funding target2016-12-311,198,071
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-311,199,345
Total participant count2016-12-313
Total funding target for all participants2016-12-311,210,623
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31178,547
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 balance2016-12-31178,547
Present value of excess contributions2016-12-31858
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-31900
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-31900
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 year2016-12-31178,108
Total employer contributions2016-12-31213,699
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 date2016-12-31195,776
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 cost2016-12-31161,541
Net shortfall amortization installment of oustanding balance2016-12-3171,692
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31188,518
Carryover balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31188,518
Contributions allocatedtoward minimum required contributions for current year2016-12-31195,776
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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