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WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN 401k Plan overview

Plan NameWEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN
Plan identification number 001

WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN Benefits

401k Plan TypeDefined 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).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WEST HOUSTON INTERNAL MEDICINE, P.A. has sponsored the creation of one or more 401k plans.

Company Name:WEST HOUSTON INTERNAL MEDICINE, P.A.
Employer identification number (EIN):262973656
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01

Plan Statistics for WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN

401k plan membership statisitcs for WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN

Measure Date Value
2019: WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-311,195,404
Acturial value of plan assets2019-12-311,195,404
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-311,180,851
Number of active participants2019-12-312
Total funding liabilities for active participants2019-12-311,180,851
Total participant count2019-12-312
Total funding target for all participants2019-12-311,180,851
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31254,039
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 balance2019-12-31254,039
Present value of excess contributions2019-12-3113,034
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3113,824
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-3113,824
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-314,200
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31250,682
Total employer contributions2019-12-31114,809
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 date2019-12-3198,091
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 cost2019-12-31307,168
Net shortfall amortization installment of oustanding balance2019-12-31236,129
Total funding amount beforereflecting carryover/prefunding balances2019-12-31348,635
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-31250,544
Additional cash requirement2019-12-3198,091
Contributions allocatedtoward minimum required contributions for current year2019-12-3198,091
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-31892,876
Acturial value of plan assets2018-12-31892,876
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31798,546
Number of active participants2018-12-315
Total funding liabilities for active participants2018-12-31798,546
Total participant count2018-12-315
Total funding target for all participants2018-12-31798,546
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31100,936
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 balance2018-12-31100,936
Present value of excess contributions2018-12-31266,717
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31283,467
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-31283,463
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-31141,392
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31254,039
Total employer contributions2018-12-31352,899
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 date2018-12-31321,505
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 cost2018-12-31282,398
Net shortfall amortization installment of oustanding balance2018-12-31159,709
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31308,471
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31308,471
Contributions allocatedtoward minimum required contributions for current year2018-12-31321,505
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-31693,759
Acturial value of plan assets2017-12-31693,759
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-310
Number of active participants2017-12-312
Total funding liabilities for active participants2017-12-31378,717
Total participant count2017-12-312
Total funding target for all participants2017-12-31378,717
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3194,806
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31100,940
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-31100,936
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 year2017-12-31100,936
Total employer contributions2017-12-31289,253
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 date2017-12-31266,717
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 cost2017-12-31189,357
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-31266,717
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: WEST HOUSTON INTERNAL MEDICINE, P.A. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31252,046
Acturial value of plan assets2016-12-31252,046
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-310
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-31166,560
Total participant count2016-12-312
Total funding target for all participants2016-12-31166,560
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 contributions2016-12-3191,579
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3197,669
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3197,669
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 year2016-12-3197,669
Total employer contributions2016-12-31269,744
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 date2016-12-31263,379
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 cost2016-12-31166,560
Net shortfall amortization installment of oustanding balance2016-12-3112,183
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31168,573
Additional cash requirement2016-12-31168,573
Contributions allocatedtoward minimum required contributions for current year2016-12-31263,379
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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