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KWOK W. CHIU, M.D., P.A. PENSION PLAN 401k Plan overview

Plan NameKWOK W. CHIU, M.D., P.A. PENSION PLAN
Plan identification number 001

KWOK W. CHIU, M.D., P.A. 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

KWOK-WAI CHIU, M.D. P.A. has sponsored the creation of one or more 401k plans.

Company Name:KWOK-WAI CHIU, M.D. P.A.
Employer identification number (EIN):743074746
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KWOK W. CHIU, M.D., P.A. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01
0012017-01-01KWOK-WAI CHIU, M.D. P.A.2017-05-02
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01KWOK-WAI CHIU, M.D. P.A. KWOK-WAI CHIU, M.D. P.A.2013-07-10
0012011-01-01KWOK-WAI CHIU, M.D. P.A. KWOK-WAI CHIU, M.D. P.A.2012-07-16
0012009-01-01KWOK WAI CHIU KWOK WAI CHIU2010-10-05

Plan Statistics for KWOK W. CHIU, M.D., P.A. PENSION PLAN

401k plan membership statisitcs for KWOK W. CHIU, M.D., P.A. PENSION PLAN

Measure Date Value
2017: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-312,319,872
Acturial value of plan assets2016-12-312,319,872
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 target2016-12-311,418,523
Number of active participants2016-12-312
Total funding liabilities for active participants2016-12-311,418,523
Total participant count2016-12-312
Total funding target for all participants2016-12-311,418,523
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 contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
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 contributions2016-12-310
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 date2016-12-310
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 cost2016-12-310
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 balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-015
Total number of active participants reported on line 7a of the Form 55002016-01-012
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-015
Total number of active participants reported on line 7a of the Form 55002015-01-013
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-012
Total of all active and inactive participants2015-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-017
Total number of active participants reported on line 7a of the Form 55002014-01-013
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-017
Total number of active participants reported on line 7a of the Form 55002013-01-013
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-017
Total number of active participants reported on line 7a of the Form 55002012-01-015
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-016
Total number of active participants reported on line 7a of the Form 55002011-01-015
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-018
Total number of active participants reported on line 7a of the Form 55002009-01-015
Number of retired or separated participants receiving benefits2009-01-013
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on KWOK W. CHIU, M.D., P.A. PENSION PLAN

Measure Date Value
2017 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2017 401k financial data
Transfers to/from the plan2017-02-28$-2,494,589
Total plan liabilities at end of year2017-02-28$0
Total plan liabilities at beginning of year2017-02-28$0
Total income from all sources2017-02-28$174,717
Expenses. Total of all expenses incurred2017-02-28$0
Benefits paid (including direct rollovers)2017-02-28$0
Total plan assets at end of year2017-02-28$0
Total plan assets at beginning of year2017-02-28$2,319,872
Value of fidelity bond covering the plan2017-02-28$175,000
Total contributions received or receivable from participants2017-02-28$0
Expenses. Other expenses not covered elsewhere2017-02-28$0
Contributions received from other sources (not participants or employers)2017-02-28$0
Other income received2017-02-28$174,717
Noncash contributions received2017-02-28$0
Net income (gross income less expenses)2017-02-28$174,717
Net plan assets at end of year (total assets less liabilities)2017-02-28$0
Net plan assets at beginning of year (total assets less liabilities)2017-02-28$2,319,872
Total contributions received or receivable from employer(s)2017-02-28$0
Value of certain deemed distributions of participant loans2017-02-28$0
Value of corrective distributions2017-02-28$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-02-28$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-02-28$0
2016 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$275,587
Expenses. Total of all expenses incurred2016-12-31$26,898
Benefits paid (including direct rollovers)2016-12-31$26,898
Total plan assets at end of year2016-12-31$2,319,872
Total plan assets at beginning of year2016-12-31$2,071,183
Value of fidelity bond covering the plan2016-12-31$175,000
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$275,587
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$248,689
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,319,872
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,071,183
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$-87,861
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$2,071,183
Total plan assets at beginning of year2015-12-31$2,159,044
Value of fidelity bond covering the plan2015-12-31$175,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-87,861
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-87,861
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,071,183
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,159,044
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$471,632
Expenses. Total of all expenses incurred2014-12-31$3,577
Benefits paid (including direct rollovers)2014-12-31$3,577
Total plan assets at end of year2014-12-31$2,159,044
Total plan assets at beginning of year2014-12-31$1,690,989
Value of fidelity bond covering the plan2014-12-31$175,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$471,632
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$468,055
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,159,044
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,690,989
Total contributions received or receivable from employer(s)2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$-67,884
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$1,690,989
Total plan assets at beginning of year2013-12-31$1,758,873
Total contributions received or receivable from participants2013-12-31$0
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$-167,884
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$-67,884
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,690,989
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,758,873
Total contributions received or receivable from employer(s)2013-12-31$100,000
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$336,157
Expenses. Total of all expenses incurred2012-12-31$1,224
Benefits paid (including direct rollovers)2012-12-31$1,224
Total plan assets at end of year2012-12-31$1,758,873
Total plan assets at beginning of year2012-12-31$1,423,940
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$174,157
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$334,933
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,758,873
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,423,940
Total contributions received or receivable from employer(s)2012-12-31$162,000
Value of certain deemed distributions of participant loans2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$279,820
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$1,423,940
Total plan assets at beginning of year2011-12-31$1,144,120
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$79,820
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$279,820
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,423,940
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,144,120
Total contributions received or receivable from employer(s)2011-12-31$200,000
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : KWOK W. CHIU, M.D., P.A. PENSION PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$349,798
Expenses. Total of all expenses incurred2010-12-31$3,678
Benefits paid (including direct rollovers)2010-12-31$3,678
Total plan assets at end of year2010-12-31$1,144,120
Total plan assets at beginning of year2010-12-31$798,000
Other income received2010-12-31$149,798
Net income (gross income less expenses)2010-12-31$346,120
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,144,120
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$798,000
Total contributions received or receivable from employer(s)2010-12-31$200,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for KWOK W. CHIU, M.D., P.A. PENSION PLAN

2017: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: KWOK W. CHIU, M.D., P.A. PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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