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STEVEN A. FAYER, M.D., P.C. PENSION PLAN 401k Plan overview

Plan NameSTEVEN A. FAYER, M.D., P.C. PENSION PLAN
Plan identification number 002

STEVEN A. FAYER, M.D., P.C. PENSION 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

DR STEVEN A FAYER MD PC has sponsored the creation of one or more 401k plans.

Company Name:DR STEVEN A FAYER MD PC
Employer identification number (EIN):132980011
NAIC Classification:621112
NAIC Description:Offices of Physicians, Mental Health Specialists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STEVEN A. FAYER, M.D., P.C. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-02-01
0022022-02-01
0022021-02-01
0022020-02-01
0022019-02-01
0022018-02-01
0022017-02-01
0022016-02-01
0022015-02-01
0022014-02-01STEVEN A. FAYER, M.D.2015-11-05
0022013-02-01STEVEN A. FAYER, M.D.2014-11-13
0022012-02-01STEVEN A. FAYER, M.D.2013-10-30

Plan Statistics for STEVEN A. FAYER, M.D., P.C. PENSION PLAN

401k plan membership statisitcs for STEVEN A. FAYER, M.D., P.C. PENSION PLAN

Measure Date Value
2023: STEVEN A. FAYER, M.D., P.C. PENSION PLAN 2023 401k membership
Market value of plan assets2023-01-31909,504
Acturial value of plan assets2023-01-31909,504
Funding target for retired participants and beneficiaries receiving payment2023-01-310
Number of terminated vested participants2023-01-310
Fundng target for terminated vested participants2023-01-310
Active participant vested funding target2023-01-31698,238
Number of active participants2023-01-312
Total funding liabilities for active participants2023-01-31698,238
Total participant count2023-01-312
Total funding target for all participants2023-01-31698,238
Balance at beginning of prior year after applicable adjustments2023-01-310
Prefunding balance at beginning of prior year after applicable adjustments2023-01-3130,000
Carryover balanced portion elected for use to offset prior years funding requirement2023-01-310
Prefunding balanced used to offset prior years funding requirement2023-01-310
Amount remaining of carryover balance2023-01-310
Amount remaining of prefunding balance2023-01-3130,000
Present value of excess contributions2023-01-3157,515
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2023-01-3160,638
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2023-01-3125,329
Reductions in caryover balances due to elections or deemed elections2023-01-310
Reductions in prefunding balances due to elections or deemed elections2023-01-310
Balance of carryovers at beginning of current year2023-01-310
Balance of prefunding at beginning of current year2023-01-3130,000
Total employer contributions2023-01-3161,700
Total employee contributions2023-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2023-01-310
Contributions made to avoid restrictions adjusted to valuation date2023-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2023-01-3156,888
Unpaid minimum required contributions for all prior years2023-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2023-01-310
Remaining amount of unpaid minimum required contributions2023-01-310
Minimum required contributions for current year target normal cost2023-01-313,921
Net shortfall amortization installment of oustanding balance2023-01-310
Waiver amortization installment2023-01-310
Total funding amount beforereflecting carryover/prefunding balances2023-01-310
Carryover balance elected to use to offset funding requirement2023-01-310
Prefunding balance elected to use to offset funding requirement2023-01-310
Additional cash requirement2023-01-310
Contributions allocatedtoward minimum required contributions for current year2023-01-3156,888
Unpaid minimum required contributions for current year2023-01-310
Unpaid minimum required contributions for all years2023-01-310
2022: STEVEN A. FAYER, M.D., P.C. PENSION PLAN 2022 401k membership
Market value of plan assets2022-01-31880,900
Acturial value of plan assets2022-01-31880,900
Funding target for retired participants and beneficiaries receiving payment2022-01-310
Number of terminated vested participants2022-01-310
Fundng target for terminated vested participants2022-01-310
Active participant vested funding target2022-01-31632,830
Number of active participants2022-01-312
Total funding liabilities for active participants2022-01-31632,830
Total participant count2022-01-312
Total funding target for all participants2022-01-31632,830
Balance at beginning of prior year after applicable adjustments2022-01-310
Prefunding balance at beginning of prior year after applicable adjustments2022-01-3130,000
Carryover balanced portion elected for use to offset prior years funding requirement2022-01-310
Prefunding balanced used to offset prior years funding requirement2022-01-310
Amount remaining of carryover balance2022-01-310
Amount remaining of prefunding balance2022-01-3130,000
Present value of excess contributions2022-01-3158,019
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-01-3161,024
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-01-310
Reductions in caryover balances due to elections or deemed elections2022-01-310
Reductions in prefunding balances due to elections or deemed elections2022-01-311,656
Balance of carryovers at beginning of current year2022-01-310
Balance of prefunding at beginning of current year2022-01-3130,000
Total employer contributions2022-01-3162,600
Total employee contributions2022-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-01-310
Contributions made to avoid restrictions adjusted to valuation date2022-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-01-3157,515
Unpaid minimum required contributions for all prior years2022-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-01-310
Remaining amount of unpaid minimum required contributions2022-01-310
Minimum required contributions for current year target normal cost2022-01-312,498
Net shortfall amortization installment of oustanding balance2022-01-310
Waiver amortization installment2022-01-310
Total funding amount beforereflecting carryover/prefunding balances2022-01-310
Carryover balance elected to use to offset funding requirement2022-01-310
Prefunding balance elected to use to offset funding requirement2022-01-310
Additional cash requirement2022-01-310
Contributions allocatedtoward minimum required contributions for current year2022-01-3157,515
Unpaid minimum required contributions for current year2022-01-310
Unpaid minimum required contributions for all years2022-01-310
2021: STEVEN A. FAYER, M.D., P.C. PENSION PLAN 2021 401k membership
Market value of plan assets2021-01-31773,575
Acturial value of plan assets2021-01-31773,575
Funding target for retired participants and beneficiaries receiving payment2021-01-310
Number of terminated vested participants2021-01-310
Fundng target for terminated vested participants2021-01-310
Active participant vested funding target2021-01-31583,416
Number of active participants2021-01-312
Total funding liabilities for active participants2021-01-31585,158
Total participant count2021-01-312
Total funding target for all participants2021-01-31585,158
Balance at beginning of prior year after applicable adjustments2021-01-310
Prefunding balance at beginning of prior year after applicable adjustments2021-01-3130,000
Carryover balanced portion elected for use to offset prior years funding requirement2021-01-310
Prefunding balanced used to offset prior years funding requirement2021-01-310
Amount remaining of carryover balance2021-01-310
Amount remaining of prefunding balance2021-01-3130,000
Present value of excess contributions2021-01-3158,212
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-01-3161,309
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-01-310
Reductions in caryover balances due to elections or deemed elections2021-01-310
Reductions in prefunding balances due to elections or deemed elections2021-01-312,709
Balance of carryovers at beginning of current year2021-01-310
Balance of prefunding at beginning of current year2021-01-3130,000
Total employer contributions2021-01-3162,900
Total employee contributions2021-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-01-310
Contributions made to avoid restrictions adjusted to valuation date2021-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-01-3158,019
Unpaid minimum required contributions for all prior years2021-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-01-310
Remaining amount of unpaid minimum required contributions2021-01-310
Minimum required contributions for current year target normal cost2021-01-312,715
Net shortfall amortization installment of oustanding balance2021-01-310
Waiver amortization installment2021-01-310
Total funding amount beforereflecting carryover/prefunding balances2021-01-310
Carryover balance elected to use to offset funding requirement2021-01-310
Prefunding balance elected to use to offset funding requirement2021-01-310
Additional cash requirement2021-01-310
Contributions allocatedtoward minimum required contributions for current year2021-01-3158,019
Unpaid minimum required contributions for current year2021-01-310
Unpaid minimum required contributions for all years2021-01-310
2020: STEVEN A. FAYER, M.D., P.C. PENSION PLAN 2020 401k membership
Market value of plan assets2020-01-31690,004
Acturial value of plan assets2020-01-31690,004
Funding target for retired participants and beneficiaries receiving payment2020-01-310
Number of terminated vested participants2020-01-310
Fundng target for terminated vested participants2020-01-310
Active participant vested funding target2020-01-31513,019
Number of active participants2020-01-312
Total funding liabilities for active participants2020-01-31515,287
Total participant count2020-01-312
Total funding target for all participants2020-01-31515,287
Balance at beginning of prior year after applicable adjustments2020-01-310
Prefunding balance at beginning of prior year after applicable adjustments2020-01-3130,000
Carryover balanced portion elected for use to offset prior years funding requirement2020-01-310
Prefunding balanced used to offset prior years funding requirement2020-01-310
Amount remaining of carryover balance2020-01-310
Amount remaining of prefunding balance2020-01-3130,000
Present value of excess contributions2020-01-3158,322
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-01-3161,530
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-01-311,953
Reductions in caryover balances due to elections or deemed elections2020-01-310
Reductions in prefunding balances due to elections or deemed elections2020-01-310
Balance of carryovers at beginning of current year2020-01-310
Balance of prefunding at beginning of current year2020-01-3130,000
Total employer contributions2020-01-3163,200
Total employee contributions2020-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-01-310
Contributions made to avoid restrictions adjusted to valuation date2020-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-01-3158,212
Unpaid minimum required contributions for all prior years2020-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-01-310
Remaining amount of unpaid minimum required contributions2020-01-310
Minimum required contributions for current year target normal cost2020-01-312,091
Net shortfall amortization installment of oustanding balance2020-01-310
Waiver amortization installment2020-01-310
Total funding amount beforereflecting carryover/prefunding balances2020-01-310
Carryover balance elected to use to offset funding requirement2020-01-310
Prefunding balance elected to use to offset funding requirement2020-01-310
Additional cash requirement2020-01-310
Contributions allocatedtoward minimum required contributions for current year2020-01-3158,212
Unpaid minimum required contributions for current year2020-01-310
Unpaid minimum required contributions for all years2020-01-310
2019: STEVEN A. FAYER, M.D., P.C. PENSION PLAN 2019 401k membership
Market value of plan assets2019-01-31672,307
Acturial value of plan assets2019-01-31672,307
Funding target for retired participants and beneficiaries receiving payment2019-01-310
Number of terminated vested participants2019-01-310
Fundng target for terminated vested participants2019-01-310
Active participant vested funding target2019-01-31442,311
Number of active participants2019-01-312
Total funding liabilities for active participants2019-01-31444,222
Total participant count2019-01-312
Total funding target for all participants2019-01-31444,222
Balance at beginning of prior year after applicable adjustments2019-01-310
Prefunding balance at beginning of prior year after applicable adjustments2019-01-3130,000
Amount remaining of carryover balance2019-01-310
Amount remaining of prefunding balance2019-01-3130,000
Present value of excess contributions2019-01-3175,806
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-01-3180,718
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-01-310
Reductions in prefunding balances due to elections or deemed elections2019-01-31366
Balance of carryovers at beginning of current year2019-01-310
Balance of prefunding at beginning of current year2019-01-3130,000
Total employer contributions2019-01-3163,500
Total employee contributions2019-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-01-310
Contributions made to avoid restrictions adjusted to valuation date2019-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-01-3158,322
Unpaid minimum required contributions for all prior years2019-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-01-310
Remaining amount of unpaid minimum required contributions2019-01-310
Minimum required contributions for current year target normal cost2019-01-311,832
Net shortfall amortization installment of oustanding balance2019-01-310
Waiver amortization installment2019-01-310
Total funding amount beforereflecting carryover/prefunding balances2019-01-310
Carryover balance elected to use to offset funding requirement2019-01-310
Prefunding balance elected to use to offset funding requirement2019-01-310
Additional cash requirement2019-01-310
Contributions allocatedtoward minimum required contributions for current year2019-01-3158,322
Unpaid minimum required contributions for current year2019-01-310
Unpaid minimum required contributions for all years2019-01-310
2018: STEVEN A. FAYER, M.D., P.C. PENSION PLAN 2018 401k membership
Market value of plan assets2018-01-31526,001
Acturial value of plan assets2018-01-31526,001
Funding target for retired participants and beneficiaries receiving payment2018-01-310
Number of terminated vested participants2018-01-310
Fundng target for terminated vested participants2018-01-310
Active participant vested funding target2018-01-313,368,556
Number of active participants2018-01-312
Total funding liabilities for active participants2018-01-31337,954
Total participant count2018-01-312
Total funding target for all participants2018-01-31337,954
Balance at beginning of prior year after applicable adjustments2018-01-310
Prefunding balance at beginning of prior year after applicable adjustments2018-01-3133,092
Carryover balanced portion elected for use to offset prior years funding requirement2018-01-310
Prefunding balanced used to offset prior years funding requirement2018-01-310
Amount remaining of carryover balance2018-01-310
Amount remaining of prefunding balance2018-01-3133,092
Present value of excess contributions2018-01-31108,808
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-01-31115,228
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-01-310
Reductions in prefunding balances due to elections or deemed elections2018-01-315,581
Balance of carryovers at beginning of current year2018-01-310
Balance of prefunding at beginning of current year2018-01-3130,000
Total employer contributions2018-01-3183,800
Total employee contributions2018-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-01-310
Contributions made to avoid restrictions adjusted to valuation date2018-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-01-3175,806
Unpaid minimum required contributions for all prior years2018-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-01-310
Remaining amount of unpaid minimum required contributions2018-01-310
Minimum required contributions for current year target normal cost2018-01-3171,576
Net shortfall amortization installment of oustanding balance2018-01-310
Waiver amortization installment2018-01-310
Total funding amount beforereflecting carryover/prefunding balances2018-01-310
Additional cash requirement2018-01-310
Contributions allocatedtoward minimum required contributions for current year2018-01-3175,806
Unpaid minimum required contributions for current year2018-01-310
Unpaid minimum required contributions for all years2018-01-310
2017: STEVEN A. FAYER, M.D., P.C. PENSION PLAN 2017 401k membership
Market value of plan assets2017-01-31377,914
Acturial value of plan assets2017-01-31377,914
Funding target for retired participants and beneficiaries receiving payment2017-01-310
Number of terminated vested participants2017-01-311
Fundng target for terminated vested participants2017-01-312,227
Active participant vested funding target2017-01-31164,913
Number of active participants2017-01-312
Total funding liabilities for active participants2017-01-31274,855
Total participant count2017-01-313
Total funding target for all participants2017-01-31277,082
Balance at beginning of prior year after applicable adjustments2017-01-310
Prefunding balance at beginning of prior year after applicable adjustments2017-01-3142,546
Carryover balanced portion elected for use to offset prior years funding requirement2017-01-310
Prefunding balanced used to offset prior years funding requirement2017-01-310
Amount remaining of carryover balance2017-01-310
Amount remaining of prefunding balance2017-01-3142,546
Present value of excess contributions2017-01-3133,092
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-01-3134,823
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-01-3133,092
Reductions in prefunding balances due to elections or deemed elections2017-01-3142,163
Balance of carryovers at beginning of current year2017-01-310
Balance of prefunding at beginning of current year2017-01-3133,092
Total employer contributions2017-01-31124,100
Total employee contributions2017-01-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-01-310
Contributions made to avoid restrictions adjusted to valuation date2017-01-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-01-31112,993
Unpaid minimum required contributions for all prior years2017-01-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-01-310
Remaining amount of unpaid minimum required contributions2017-01-310
Minimum required contributions for current year target normal cost2017-01-3171,925
Net shortfall amortization installment of oustanding balance2017-01-310
Waiver amortization installment2017-01-310
Total funding amount beforereflecting carryover/prefunding balances2017-01-314,185
Carryover balance elected to use to offset funding requirement2017-01-310
Prefunding balance elected to use to offset funding requirement2017-01-310
Additional cash requirement2017-01-314,185
Contributions allocatedtoward minimum required contributions for current year2017-01-31112,993
Unpaid minimum required contributions for current year2017-01-310
Unpaid minimum required contributions for all years2017-01-310

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