401k Plan data: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN plan

SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 401k Plan overview

Plan Name	SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN
Plan identification number	001

SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

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

SHARAD GUNDA, M.D., LLC has sponsored the creation of one or more 401k plans.

Company Name: SHARAD GUNDA, M.D., LLC

Employer identification number (EIN): 050563249

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

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01
001 2015-01-01 SHARAD GUNDA 2016-10-14
001 2014-01-01 SHARAD GUNDA 2015-08-12
001 2013-01-01 SHARAD GUNDA 2014-10-01

Plan Statistics for SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN

401k plan membership statisitcs for SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN

Measure Date Value
2022: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2022 401k membership
Market value of plan assets 2022-12-31 949,389
Acturial value of plan assets 2022-12-31 949,389
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 5
Fundng target for terminated vested participants 2022-12-31 9,853
Active participant vested funding target 2022-12-31 1,103,087
Number of active participants 2022-12-31 9
Total funding liabilities for active participants 2022-12-31 1,103,087
Total participant count 2022-12-31 14
Total funding target for all participants 2022-12-31 1,112,940
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 74,349
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 74,349
Present value of excess contributions 2022-12-31 25,738
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 25,738
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 79,182
Total employer contributions 2022-12-31 99,000
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 95,698
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 96,641
Net shortfall amortization installment of oustanding balance 2022-12-31 246,866
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 119,454
Prefunding balance elected to use to offset funding requirement 2022-12-31 23,756
Additional cash requirement 2022-12-31 95,698
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 95,698
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,047,756
Acturial value of plan assets 2021-12-31 1,047,756
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 5
Fundng target for terminated vested participants 2021-12-31 8,527
Active participant vested funding target 2021-12-31 937,681
Number of active participants 2021-12-31 9
Total funding liabilities for active participants 2021-12-31 937,681
Total participant count 2021-12-31 14
Total funding target for all participants 2021-12-31 946,208
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 32,765
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 32,765
Present value of excess contributions 2021-12-31 37,616
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 37,616
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 37,616
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 74,349
Total employer contributions 2021-12-31 99,000
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 97,541
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 94,987
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 71,803
Additional cash requirement 2021-12-31 71,803
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 97,541
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2020 401k membership
Market value of plan assets 2020-12-31 887,092
Acturial value of plan assets 2020-12-31 887,092
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 4
Fundng target for terminated vested participants 2020-12-31 7,740
Active participant vested funding target 2020-12-31 807,977
Number of active participants 2020-12-31 9
Total funding liabilities for active participants 2020-12-31 807,977
Total participant count 2020-12-31 13
Total funding target for all participants 2020-12-31 815,717
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 31,444
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 2,913
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 28,531
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 32,765
Total employer contributions 2020-12-31 98,025
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 96,347
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 95,621
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 58,731
Additional cash requirement 2020-12-31 58,731
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 96,347
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-12-31 683,972
Acturial value of plan assets 2019-12-31 683,972
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 3
Fundng target for terminated vested participants 2019-12-31 2,925
Active participant vested funding target 2019-12-31 663,897
Number of active participants 2019-12-31 11
Total funding liabilities for active participants 2019-12-31 665,597
Total participant count 2019-12-31 14
Total funding target for all participants 2019-12-31 668,522
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 50,327
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 50,327
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 33,731
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 31,444
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 31,444
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 31,444
Total employer contributions 2019-12-31 110,663
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 109,023
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 97,737
Net shortfall amortization installment of oustanding balance 2019-12-31 17,686
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 112,093
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 3,070
Additional cash requirement 2019-12-31 109,023
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 109,023
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 498,220
Acturial value of plan assets 2018-12-31 498,220
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 2
Fundng target for terminated vested participants 2018-12-31 885
Active participant vested funding target 2018-12-31 529,060
Number of active participants 2018-12-31 12
Total funding liabilities for active participants 2018-12-31 529,689
Total participant count 2018-12-31 14
Total funding target for all participants 2018-12-31 530,574
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 47,252
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 46,686
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 566
Present value of excess contributions 2018-12-31 44,987
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 49,702
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 49,702
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 50,327
Total employer contributions 2018-12-31 100,325
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 98,424
Liquidity shortfalls end of Q1 2018-12-31 0
Liquidity shortfalls end of Q2 2018-12-31 0
Liquidity shortfalls end of Q3 2018-12-31 0
Liquidity shortfalls end of Q4 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 93,620
Net shortfall amortization installment of oustanding balance 2018-12-31 85,466
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 115,938
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 53,112
Additional cash requirement 2018-12-31 62,826
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 98,424
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 433,196
Acturial value of plan assets 2017-12-31 433,196
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 2
Fundng target for terminated vested participants 2017-12-31 1,216
Active participant vested funding target 2017-12-31 398,020
Number of active participants 2017-12-31 10
Total funding liabilities for active participants 2017-12-31 398,020
Total participant count 2017-12-31 12
Total funding target for all participants 2017-12-31 399,236
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 48,902
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 3,563
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 45,339
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 47,252
Total employer contributions 2017-12-31 99,175
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 96,925
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 89,292
Net shortfall amortization installment of oustanding balance 2017-12-31 15,992
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 98,721
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 49,354
Additional cash requirement 2017-12-31 49,367
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 96,925
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 296,760
Acturial value of plan assets 2016-12-31 296,760
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 2
Fundng target for terminated vested participants 2016-12-31 1,158
Active participant vested funding target 2016-12-31 282,225
Number of active participants 2016-12-31 9
Total funding liabilities for active participants 2016-12-31 282,511
Total participant count 2016-12-31 11
Total funding target for all participants 2016-12-31 283,669
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 49,624
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 49,624
Present value of excess contributions 2016-12-31 868
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 921
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 921
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 48,902
Total employer contributions 2016-12-31 96,875
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 93,926
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 86,238
Net shortfall amortization installment of oustanding balance 2016-12-31 38,706
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 97,699
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 3,773
Additional cash requirement 2016-12-31 93,926
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 93,926
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	949,389
Acturial value of plan assets	2022-12-31	949,389
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	5
Fundng target for terminated vested participants	2022-12-31	9,853
Active participant vested funding target	2022-12-31	1,103,087
Number of active participants	2022-12-31	9
Total funding liabilities for active participants	2022-12-31	1,103,087
Total participant count	2022-12-31	14
Total funding target for all participants	2022-12-31	1,112,940
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	74,349
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	74,349
Present value of excess contributions	2022-12-31	25,738
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	25,738
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	79,182
Total employer contributions	2022-12-31	99,000
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	95,698
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	96,641
Net shortfall amortization installment of oustanding balance	2022-12-31	246,866
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	119,454
Prefunding balance elected to use to offset funding requirement	2022-12-31	23,756
Additional cash requirement	2022-12-31	95,698
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	95,698
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,047,756
Acturial value of plan assets	2021-12-31	1,047,756
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	5
Fundng target for terminated vested participants	2021-12-31	8,527
Active participant vested funding target	2021-12-31	937,681
Number of active participants	2021-12-31	9
Total funding liabilities for active participants	2021-12-31	937,681
Total participant count	2021-12-31	14
Total funding target for all participants	2021-12-31	946,208
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	32,765
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	32,765
Present value of excess contributions	2021-12-31	37,616
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	37,616
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	37,616
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	74,349
Total employer contributions	2021-12-31	99,000
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	97,541
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	94,987
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	71,803
Additional cash requirement	2021-12-31	71,803
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	97,541
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	887,092
Acturial value of plan assets	2020-12-31	887,092
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	4
Fundng target for terminated vested participants	2020-12-31	7,740
Active participant vested funding target	2020-12-31	807,977
Number of active participants	2020-12-31	9
Total funding liabilities for active participants	2020-12-31	807,977
Total participant count	2020-12-31	13
Total funding target for all participants	2020-12-31	815,717
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	31,444
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	2,913
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	28,531
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	32,765
Total employer contributions	2020-12-31	98,025
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	96,347
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	95,621
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	58,731
Additional cash requirement	2020-12-31	58,731
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	96,347
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	683,972
Acturial value of plan assets	2019-12-31	683,972
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	3
Fundng target for terminated vested participants	2019-12-31	2,925
Active participant vested funding target	2019-12-31	663,897
Number of active participants	2019-12-31	11
Total funding liabilities for active participants	2019-12-31	665,597
Total participant count	2019-12-31	14
Total funding target for all participants	2019-12-31	668,522
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	50,327
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	50,327
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	33,731
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	31,444
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	31,444
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	31,444
Total employer contributions	2019-12-31	110,663
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	109,023
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	97,737
Net shortfall amortization installment of oustanding balance	2019-12-31	17,686
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	112,093
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	3,070
Additional cash requirement	2019-12-31	109,023
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	109,023
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	498,220
Acturial value of plan assets	2018-12-31	498,220
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	2
Fundng target for terminated vested participants	2018-12-31	885
Active participant vested funding target	2018-12-31	529,060
Number of active participants	2018-12-31	12
Total funding liabilities for active participants	2018-12-31	529,689
Total participant count	2018-12-31	14
Total funding target for all participants	2018-12-31	530,574
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	47,252
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	46,686
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	566
Present value of excess contributions	2018-12-31	44,987
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	49,702
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	49,702
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	50,327
Total employer contributions	2018-12-31	100,325
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	98,424
Liquidity shortfalls end of Q1	2018-12-31	0
Liquidity shortfalls end of Q2	2018-12-31	0
Liquidity shortfalls end of Q3	2018-12-31	0
Liquidity shortfalls end of Q4	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	93,620
Net shortfall amortization installment of oustanding balance	2018-12-31	85,466
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	115,938
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	53,112
Additional cash requirement	2018-12-31	62,826
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	98,424
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	433,196
Acturial value of plan assets	2017-12-31	433,196
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	2
Fundng target for terminated vested participants	2017-12-31	1,216
Active participant vested funding target	2017-12-31	398,020
Number of active participants	2017-12-31	10
Total funding liabilities for active participants	2017-12-31	398,020
Total participant count	2017-12-31	12
Total funding target for all participants	2017-12-31	399,236
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	48,902
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	3,563
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	45,339
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	47,252
Total employer contributions	2017-12-31	99,175
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	96,925
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	89,292
Net shortfall amortization installment of oustanding balance	2017-12-31	15,992
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	98,721
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	49,354
Additional cash requirement	2017-12-31	49,367
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	96,925
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: SHARAD GUNDA, M.D., LLC CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	296,760
Acturial value of plan assets	2016-12-31	296,760
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	2
Fundng target for terminated vested participants	2016-12-31	1,158
Active participant vested funding target	2016-12-31	282,225
Number of active participants	2016-12-31	9
Total funding liabilities for active participants	2016-12-31	282,511
Total participant count	2016-12-31	11
Total funding target for all participants	2016-12-31	283,669
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	49,624
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	49,624
Present value of excess contributions	2016-12-31	868
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	921
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	921
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	48,902
Total employer contributions	2016-12-31	96,875
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	93,926
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	86,238
Net shortfall amortization installment of oustanding balance	2016-12-31	38,706
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	97,699
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	3,773
Additional cash requirement	2016-12-31	93,926
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	93,926
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	SHARAD GUNDA, M.D., LLC
Employer identification number (EIN):	050563249
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01	SHARAD GUNDA	2016-10-14
001	2014-01-01	SHARAD GUNDA	2015-08-12
001	2013-01-01	SHARAD GUNDA	2014-10-01