401k Plan data: DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN plan

DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN
Plan identification number	002

DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT 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).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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.

401k Sponsoring company profile

DAYTONA DISCOUNT PHARMACY, INC. has sponsored the creation of one or more 401k plans.

Company Name: DAYTONA DISCOUNT PHARMACY, INC.

Employer identification number (EIN): 800142274

NAIC Classification: 446110
NAIC Description: Pharmacies and Drug Stores

Additional information about DAYTONA DISCOUNT PHARMACY, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2008-01-16

Company Identification Number: P08000005655

Legal Registered Office Address: 408 BLUE BIRCH COURT

SANFORD

32771

More information about DAYTONA DISCOUNT PHARMACY, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2016-01-01 MANISH PATEL 2017-07-28
002 2013-01-01 TATIANA POMBO 2013-10-25 TATIANA POMBO 2013-10-25
002 2012-01-01 TATIANA POMBO 2013-05-28 TATIANA POMBO 2013-05-28
002 2011-01-01 TATIANA POMBO 2012-07-09 TATIANA POMBO 2012-07-09
002 2010-01-01 TATIANA CHAVEZ 2011-05-04 TATIANA CHAVEZ 2011-05-04

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2016-01-01	MANISH PATEL	2017-07-28
002	2013-01-01	TATIANA POMBO	2013-10-25	TATIANA POMBO	2013-10-25
002	2012-01-01	TATIANA POMBO	2013-05-28	TATIANA POMBO	2013-05-28
002	2011-01-01	TATIANA POMBO	2012-07-09	TATIANA POMBO	2012-07-09
002	2010-01-01	TATIANA CHAVEZ	2011-05-04	TATIANA CHAVEZ	2011-05-04

Plan Statistics for DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN

Measure Date Value
2016: DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 0
Acturial value of plan assets 2016-12-31 0
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 0
Number of active participants 2016-12-31 7
Total funding liabilities for active participants 2016-12-31 0
Total participant count 2016-12-31 7
Total funding target for all participants 2016-12-31 0
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 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
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 80,659
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 79,416
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 34,712
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 34,712
Additional cash requirement 2016-12-31 34,712
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 79,416
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
2016: DAYTONA DISCOUNT PHARMACY, INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	0
Acturial value of plan assets	2016-12-31	0
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	0
Number of active participants	2016-12-31	7
Total funding liabilities for active participants	2016-12-31	0
Total participant count	2016-12-31	7
Total funding target for all participants	2016-12-31	0
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	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
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	80,659
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	79,416
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	34,712
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	34,712
Additional cash requirement	2016-12-31	34,712
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	79,416
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:	DAYTONA DISCOUNT PHARMACY, INC.
Employer identification number (EIN):	800142274
NAIC Classification:	446110
NAIC Description:	Pharmacies and Drug Stores

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2008-01-16
Company Identification Number:	P08000005655
Legal Registered Office Address:	408 BLUE BIRCH COURT SANFORD 32771