Logo

MCALLEN HAND CENTER, P.A. PENSION PLAN 401k Plan overview

Plan NameMCALLEN HAND CENTER, P.A. PENSION PLAN
Plan identification number 002

MCALLEN HAND CENTER, P.A. PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).

401k Sponsoring company profile

MCALLEN HAND CENTER, P.A. has sponsored the creation of one or more 401k plans.

Company Name:MCALLEN HAND CENTER, P.A.
Employer identification number (EIN):272352024
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MCALLEN HAND CENTER, P.A. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01

Plan Statistics for MCALLEN HAND CENTER, P.A. PENSION PLAN

401k plan membership statisitcs for MCALLEN HAND CENTER, P.A. PENSION PLAN

Measure Date Value
2020: MCALLEN HAND CENTER, P.A. PENSION PLAN 2020 401k membership
Market value of plan assets2020-10-06631,964
Acturial value of plan assets2020-10-06631,964
Funding target for retired participants and beneficiaries receiving payment2020-10-060
Number of terminated vested participants2020-10-061
Fundng target for terminated vested participants2020-10-062,692
Active participant vested funding target2020-10-06555,511
Number of active participants2020-10-0614
Total funding liabilities for active participants2020-10-06555,511
Total participant count2020-10-0615
Total funding target for all participants2020-10-06558,203
Balance at beginning of prior year after applicable adjustments2020-10-060
Prefunding balance at beginning of prior year after applicable adjustments2020-10-060
Carryover balanced portion elected for use to offset prior years funding requirement2020-10-060
Prefunding balanced used to offset prior years funding requirement2020-10-060
Amount remaining of carryover balance2020-10-060
Amount remaining of prefunding balance2020-10-060
Present value of excess contributions2020-10-06141,482
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-10-06141,482
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-10-060
Reductions in caryover balances due to elections or deemed elections2020-10-060
Reductions in prefunding balances due to elections or deemed elections2020-10-060
Balance of carryovers at beginning of current year2020-10-060
Balance of prefunding at beginning of current year2020-10-060
Total employer contributions2020-10-06190,000
Total employee contributions2020-10-060
Contributions allocated toward unpaid minimum require contributions from prior years2020-10-060
Contributions made to avoid restrictions adjusted to valuation date2020-10-060
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-10-06187,736
Unpaid minimum required contributions for all prior years2020-10-060
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-10-060
Remaining amount of unpaid minimum required contributions2020-10-060
Minimum required contributions for current year target normal cost2020-10-060
Net shortfall amortization installment of oustanding balance2020-10-060
Waiver amortization installment2020-10-060
Total funding amount beforereflecting carryover/prefunding balances2020-10-060
Carryover balance elected to use to offset funding requirement2020-10-060
Prefunding balance elected to use to offset funding requirement2020-10-060
Additional cash requirement2020-10-060
Contributions allocatedtoward minimum required contributions for current year2020-10-06187,736
Unpaid minimum required contributions for current year2020-10-060
Unpaid minimum required contributions for all years2020-10-060
2019: MCALLEN HAND CENTER, P.A. PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-31526,254
Acturial value of plan assets2019-12-31526,254
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-311
Fundng target for terminated vested participants2019-12-312,071
Active participant vested funding target2019-12-31426,804
Number of active participants2019-12-3114
Total funding liabilities for active participants2019-12-31426,804
Total participant count2019-12-3115
Total funding target for all participants2019-12-31428,875
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
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 balance2019-12-310
Present value of excess contributions2019-12-3150,661
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3150,661
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
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 year2019-12-310
Total employer contributions2019-12-31146,177
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 date2019-12-31143,531
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 cost2019-12-3199,428
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-312,049
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-312,049
Contributions allocatedtoward minimum required contributions for current year2019-12-31143,531
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: MCALLEN HAND CENTER, P.A. PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-31339,384
Acturial value of plan assets2018-12-31339,384
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 target2018-12-31303,337
Number of active participants2018-12-3115
Total funding liabilities for active participants2018-12-31303,567
Total participant count2018-12-3115
Total funding target for all participants2018-12-31303,567
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-310
Present value of excess contributions2018-12-3163,071
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3163,071
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
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 year2018-12-310
Total employer contributions2018-12-31115,046
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 date2018-12-31110,754
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 cost2018-12-3195,910
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3160,093
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-3160,093
Contributions allocatedtoward minimum required contributions for current year2018-12-31110,754
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: MCALLEN HAND CENTER, P.A. PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-31235,746
Acturial value of plan assets2017-12-31235,746
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 target2017-12-31190,376
Number of active participants2017-12-3113
Total funding liabilities for active participants2017-12-31190,376
Total participant count2017-12-3113
Total funding target for all participants2017-12-31190,376
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3145,798
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3145,798
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31112,189
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 date2017-12-31107,994
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 cost2017-12-3190,293
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-3144,923
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-3144,923
Contributions allocatedtoward minimum required contributions for current year2017-12-31107,994
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: MCALLEN HAND CENTER, P.A. PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-31113,049
Acturial value of plan assets2016-12-31113,049
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 target2016-12-31694
Number of active participants2016-12-3113
Total funding liabilities for active participants2016-12-3189,467
Total participant count2016-12-3113
Total funding target for all participants2016-12-3189,467
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 contributions2016-12-3124,633
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3124,633
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31113,625
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 date2016-12-31109,625
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 cost2016-12-3187,409
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-3163,827
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-3163,827
Contributions allocatedtoward minimum required contributions for current year2016-12-31109,625
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1