K. D. MACKNET, M.D., INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan K.D. MACKNET, M.D., INC. DEFINED BENEFIT PENSION PLAN
401k plan membership statisitcs for K.D. MACKNET, M.D., INC. DEFINED BENEFIT PENSION PLAN
| Measure | Date | Value |
|---|
| 2021: K.D. MACKNET, M.D., INC. DEFINED BENEFIT PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-11-30 | 613,929 |
| Acturial value of plan assets | 2021-11-30 | 613,929 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-11-30 | 0 |
| Number of terminated vested participants | 2021-11-30 | 0 |
| Fundng target for terminated vested participants | 2021-11-30 | 0 |
| Active participant vested funding target | 2021-11-30 | 54,616 |
| Number of active participants | 2021-11-30 | 2 |
| Total funding liabilities for active participants | 2021-11-30 | 273,080 |
| Total participant count | 2021-11-30 | 2 |
| Total funding target for all participants | 2021-11-30 | 273,080 |
| Present value of excess contributions | 2021-11-30 | 469,703 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-11-30 | 469,703 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-11-30 | 0 |
| Minimum required contributions for current year target normal cost | 2021-11-30 | 273,080 |
| 2020: K.D. MACKNET, M.D., INC. DEFINED BENEFIT PENSION PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-11-30 | 15,850 |
| Acturial value of plan assets | 2020-11-30 | 15,850 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-11-30 | 0 |
| Number of terminated vested participants | 2020-11-30 | 0 |
| Fundng target for terminated vested participants | 2020-11-30 | 0 |
| Active participant vested funding target | 2020-11-30 | 0 |
| Number of active participants | 2020-11-30 | 2 |
| Total funding liabilities for active participants | 2020-11-30 | 258,627 |
| Total participant count | 2020-11-30 | 2 |
| Total funding target for all participants | 2020-11-30 | 258,627 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-11-30 | 0 |
| Total employer contributions | 2020-11-30 | 490,000 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-11-30 | 509,151 |
| Net shortfall amortization installment of oustanding balance | 2020-11-30 | 242,777 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-11-30 | 39,448 |
| Additional cash requirement | 2020-11-30 | 39,448 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-11-30 | 509,151 |
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