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STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN 401k Plan overview

Plan NameSTEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN
Plan identification number 002

STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. 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).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

STEC & STINES COSMETIC AND FAMILY DENTISTRY, LLC has sponsored the creation of one or more 401k plans.

Company Name:STEC & STINES COSMETIC AND FAMILY DENTISTRY, LLC
Employer identification number (EIN):320481496
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01STEVEN A. STEC, D.D.S.2023-02-25
0022021-01-01STEVEN A. STEC, D.D.S.2022-07-14
0022021-01-01STEVEN A. STEC, D.D.S.2022-07-21
0022020-01-01STEVEN A. STEC, D.D.S.2021-05-26
0022019-01-01STEVEN A. STEC, D.D.S.2020-07-09
0022018-01-01STEVEN A. STEC, D.D.S.2019-07-08
0022017-01-01STEVEN A. STEC, D.D.S.2018-10-06

Plan Statistics for STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN

401k plan membership statisitcs for STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN

Measure Date Value
2021: STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-31558,964
Acturial value of plan assets2021-12-31558,964
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-314
Fundng target for terminated vested participants2021-12-316,658
Active participant vested funding target2021-12-31563,456
Number of active participants2021-12-3114
Total funding liabilities for active participants2021-12-31563,456
Total participant count2021-12-3118
Total funding target for all participants2021-12-31570,114
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-311,252
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-311,252
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-31144,600
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31143,882
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31129,266
Net shortfall amortization installment of oustanding balance2021-12-3111,150
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31131,714
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-31131,714
Contributions allocatedtoward minimum required contributions for current year2021-12-31143,882
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-31412,575
Acturial value of plan assets2020-12-31412,575
Funding target for retired participants and beneficiaries receiving payment2020-12-312,334
Number of terminated vested participants2020-12-314
Fundng target for terminated vested participants2020-12-317,178
Active participant vested funding target2020-12-31418,817
Number of active participants2020-12-3110
Total funding liabilities for active participants2020-12-31418,817
Total participant count2020-12-3115
Total funding target for all participants2020-12-31428,329
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31735
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31735
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-31132,176
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31133,139
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31129,084
Net shortfall amortization installment of oustanding balance2020-12-3115,754
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31131,887
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-31131,887
Contributions allocatedtoward minimum required contributions for current year2020-12-31133,139
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-31278,627
Acturial value of plan assets2019-12-31278,627
Funding target for retired participants and beneficiaries receiving payment2019-12-311,614
Number of terminated vested participants2019-12-311
Fundng target for terminated vested participants2019-12-31980
Active participant vested funding target2019-12-31277,029
Number of active participants2019-12-3111
Total funding liabilities for active participants2019-12-31277,337
Total participant count2019-12-3113
Total funding target for all participants2019-12-31279,931
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 contributions2019-12-31665
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31665
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 contributions2019-12-31129,662
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 date2019-12-31132,648
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 cost2019-12-31131,509
Net shortfall amortization installment of oustanding balance2019-12-311,304
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31131,913
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31131,913
Contributions allocatedtoward minimum required contributions for current year2019-12-31132,648
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-31127,089
Acturial value of plan assets2018-12-31127,089
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 target2018-12-310
Number of active participants2018-12-3113
Total funding liabilities for active participants2018-12-31137,013
Total participant count2018-12-3113
Total funding target for all participants2018-12-31137,013
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 contributions2018-12-312,230
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-312,230
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 contributions2018-12-31130,874
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 date2018-12-31133,151
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 cost2018-12-31130,866
Net shortfall amortization installment of oustanding balance2018-12-319,924
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31132,486
Additional cash requirement2018-12-31132,486
Contributions allocatedtoward minimum required contributions for current year2018-12-31133,151
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: STEC & STINES COSMETIC AND FAMILY DENTISTRY, L.L.C. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-31266
Acturial value of plan assets2017-12-31266
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 participants2017-12-3113
Total funding liabilities for active participants2017-12-310
Total participant count2017-12-3113
Total funding target for all participants2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
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 contributions2017-12-31133,192
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 date2017-12-31133,051
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 cost2017-12-31131,087
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31130,821
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31130,821
Contributions allocatedtoward minimum required contributions for current year2017-12-31133,051
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310

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