401k Plan data: BHARAT J. SHAH MD INC. CASH BALANCE PLAN plan

BHARAT J. SHAH MD INC. CASH BALANCE PLAN 401k Plan overview

Plan Name	BHARAT J. SHAH MD INC. CASH BALANCE PLAN
Plan identification number	003

BHARAT J. SHAH MD INC. CASH BALANCE PLAN Benefits

401k Plan Type

Defined 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).
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).

401k Sponsoring company profile

BHARAT J. SHAH MD INC. has sponsored the creation of one or more 401k plans.

Company Name: BHARAT J. SHAH MD INC.

Employer identification number (EIN): 341528157

NAIC Classification: 621112
NAIC Description: Offices of Physicians, Mental Health Specialists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BHARAT J. SHAH MD INC. CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2019-01-01 BHARAT SHAH 2020-01-21
003 2018-01-01 BHARAT SHAH 2019-10-12
003 2017-01-01 BHARAT SHAH 2018-10-08
003 2016-01-01 BHARAT SHAH 2017-10-03
003 2015-01-01 BHARAT SHAH 2016-10-04
003 2014-01-01 BHARAT SHAH 2015-10-02
003 2013-01-01 BHARAT SHAH 2014-10-13
003 2012-01-01 BHARAT SHAH 2013-10-10
003 2011-01-01 BHARAT SHAH 2012-10-08
003 2010-01-01 BHARAT SHAH 2011-10-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2019-01-01	BHARAT SHAH	2020-01-21
003	2018-01-01	BHARAT SHAH	2019-10-12
003	2017-01-01	BHARAT SHAH	2018-10-08
003	2016-01-01	BHARAT SHAH	2017-10-03
003	2015-01-01	BHARAT SHAH	2016-10-04
003	2014-01-01	BHARAT SHAH	2015-10-02
003	2013-01-01	BHARAT SHAH	2014-10-13
003	2012-01-01	BHARAT SHAH	2013-10-10
003	2011-01-01	BHARAT SHAH	2012-10-08
003	2010-01-01	BHARAT SHAH	2011-10-13

Plan Statistics for BHARAT J. SHAH MD INC. CASH BALANCE PLAN

401k plan membership statisitcs for BHARAT J. SHAH MD INC. CASH BALANCE PLAN

Measure Date Value
2018: BHARAT J. SHAH MD INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,655,649
Acturial value of plan assets 2018-12-31 2,655,649
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 6
Fundng target for terminated vested participants 2018-12-31 15,664
Active participant vested funding target 2018-12-31 2,454,593
Number of active participants 2018-12-31 15
Total funding liabilities for active participants 2018-12-31 2,454,593
Total participant count 2018-12-31 21
Total funding target for all participants 2018-12-31 2,470,257
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 0
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 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 2,116
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 2,116
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
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 0
Total employer contributions 2018-12-31 7,150
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 6,920
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 7,523
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 6,920
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: BHARAT J. SHAH MD INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,204,022
Acturial value of plan assets 2017-12-31 2,204,022
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 2,056
Active participant vested funding target 2017-12-31 1,908,280
Number of active participants 2017-12-31 16
Total funding liabilities for active participants 2017-12-31 1,918,543
Total participant count 2017-12-31 17
Total funding target for all participants 2017-12-31 1,920,599
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 0
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 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 224
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 224
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 0
Total employer contributions 2017-12-31 200,000
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 2017-12-31 195,993
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 2017-12-31 477,301
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 193,877
Additional cash requirement 2017-12-31 193,877
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 195,993
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: BHARAT J. SHAH MD INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,703,353
Acturial value of plan assets 2016-12-31 1,703,353
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 5,039
Active participant vested funding target 2016-12-31 1,651,019
Number of active participants 2016-12-31 19
Total funding liabilities for active participants 2016-12-31 1,658,910
Total participant count 2016-12-31 21
Total funding target for all participants 2016-12-31 1,663,949
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 0
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 0
Present value of excess contributions 2016-12-31 2,534
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 2,534
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
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 0
Total employer contributions 2016-12-31 149,907
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 2016-12-31 139,897
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 2016-12-31 179,077
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 139,673
Additional cash requirement 2016-12-31 139,673
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 139,897
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
2018: BHARAT J. SHAH MD INC. CASH BALANCE PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,655,649
Acturial value of plan assets	2018-12-31	2,655,649
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	6
Fundng target for terminated vested participants	2018-12-31	15,664
Active participant vested funding target	2018-12-31	2,454,593
Number of active participants	2018-12-31	15
Total funding liabilities for active participants	2018-12-31	2,454,593
Total participant count	2018-12-31	21
Total funding target for all participants	2018-12-31	2,470,257
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	0
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	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	2,116
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	2,116
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
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	0
Total employer contributions	2018-12-31	7,150
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	6,920
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	7,523
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	6,920
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: BHARAT J. SHAH MD INC. CASH BALANCE PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,204,022
Acturial value of plan assets	2017-12-31	2,204,022
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	2,056
Active participant vested funding target	2017-12-31	1,908,280
Number of active participants	2017-12-31	16
Total funding liabilities for active participants	2017-12-31	1,918,543
Total participant count	2017-12-31	17
Total funding target for all participants	2017-12-31	1,920,599
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	0
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	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	224
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	224
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	0
Total employer contributions	2017-12-31	200,000
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	195,993
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	477,301
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	193,877
Additional cash requirement	2017-12-31	193,877
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	195,993
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: BHARAT J. SHAH MD INC. CASH BALANCE PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,703,353
Acturial value of plan assets	2016-12-31	1,703,353
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	5,039
Active participant vested funding target	2016-12-31	1,651,019
Number of active participants	2016-12-31	19
Total funding liabilities for active participants	2016-12-31	1,658,910
Total participant count	2016-12-31	21
Total funding target for all participants	2016-12-31	1,663,949
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	0
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	0
Present value of excess contributions	2016-12-31	2,534
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	2,534
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
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	0
Total employer contributions	2016-12-31	149,907
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	139,897
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	179,077
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	139,673
Additional cash requirement	2016-12-31	139,673
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	139,897
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:	BHARAT J. SHAH MD INC.
Employer identification number (EIN):	341528157
NAIC Classification:	621112
NAIC Description:	Offices of Physicians, Mental Health Specialists