Civic Intelligence

Praful S. Patel, M.D.

Plan context: Praful S. Patel, M.D. Defined Benefit Pension Plan

EIN 63-1273053 • Montgomery, AL • 12 filings • 4 plans

473 Towne Lake PlaceMontgomery, AL 36117
Current Snapshot

Latest Year

2018

2018 Participants

2

2018 Assets

$2,057,738

2018 Contributions

$29,767

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$2,129,829$1,064,915$0200920132017YearValue
$2,057,738Latest year 2017

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

530200920132017YearValue
2Latest year 2017

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
201810$0$0-
Praful S. Patel, M.D. Defined Benefit Pension Plan-0---
201722$2,057,738$29,767$14,884iApproximate average salary by contribution assumption: employee only about $372,088 at 4% or $248,058 at 6%; with 50% employer match about $248,058 at 4% or $165,372 at 6%; with 100% employer match about $186,044 at 4% or $124,029 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-2$2,027,971--
PRAFULBHAI S. PATEL, M.D. 401(K) PROFIT SHARING PLAN-1$29,767$29,767$29,767iApproximate average salary by contribution assumption: employee only about $744,175 at 4% or $496,117 at 6%; with 50% employer match about $496,117 at 4% or $330,744 at 6%; with 100% employer match about $372,088 at 4% or $248,058 at 6%.
201612$2,129,829$0-
Praful S. Patel, M.D. Defined Benefit Pension Plan-2$2,129,829--
201512$2,005,165$0-
Praful S. Patel, M.D. Defined Benefit Pension Plan-2$2,005,165--
201412$1,860,422$230,000$115,000iApproximate average salary by contribution assumption: employee only about $2,875,000 at 4% or $1,916,667 at 6%; with 50% employer match about $1,916,667 at 4% or $1,277,778 at 6%; with 100% employer match about $1,437,500 at 4% or $958,333 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-2$1,860,422$230,000$115,000iApproximate average salary by contribution assumption: employee only about $2,875,000 at 4% or $1,916,667 at 6%; with 50% employer match about $1,916,667 at 4% or $1,277,778 at 6%; with 100% employer match about $1,437,500 at 4% or $958,333 at 6%.
201312$1,513,156$201,000$100,500iApproximate average salary by contribution assumption: employee only about $2,512,500 at 4% or $1,675,000 at 6%; with 50% employer match about $1,675,000 at 4% or $1,116,667 at 6%; with 100% employer match about $1,256,250 at 4% or $837,500 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-2$1,513,156$201,000$100,500iApproximate average salary by contribution assumption: employee only about $2,512,500 at 4% or $1,675,000 at 6%; with 50% employer match about $1,675,000 at 4% or $1,116,667 at 6%; with 100% employer match about $1,256,250 at 4% or $837,500 at 6%.
201215$1,191,189$120,000$24,000iApproximate average salary by contribution assumption: employee only about $600,000 at 4% or $400,000 at 6%; with 50% employer match about $400,000 at 4% or $266,667 at 6%; with 100% employer match about $300,000 at 4% or $200,000 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-5$1,191,189$120,000$24,000iApproximate average salary by contribution assumption: employee only about $600,000 at 4% or $400,000 at 6%; with 50% employer match about $400,000 at 4% or $266,667 at 6%; with 100% employer match about $300,000 at 4% or $200,000 at 6%.
201113$1,040,805$258,147$86,049iApproximate average salary by contribution assumption: employee only about $2,151,225 at 4% or $1,434,150 at 6%; with 50% employer match about $1,434,150 at 4% or $956,100 at 6%; with 100% employer match about $1,075,613 at 4% or $717,075 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-3$1,040,805$258,147$86,049iApproximate average salary by contribution assumption: employee only about $2,151,225 at 4% or $1,434,150 at 6%; with 50% employer match about $1,434,150 at 4% or $956,100 at 6%; with 100% employer match about $1,075,613 at 4% or $717,075 at 6%.
201025$1,408,911$131,000$26,200iApproximate average salary by contribution assumption: employee only about $655,000 at 4% or $436,667 at 6%; with 50% employer match about $436,667 at 4% or $291,111 at 6%; with 100% employer match about $327,500 at 4% or $218,333 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-5$782,422$6,000$1,200iApproximate average salary by contribution assumption: employee only about $30,000 at 4% or $20,000 at 6%; with 50% employer match about $20,000 at 4% or $13,333 at 6%; with 100% employer match about $15,000 at 4% or $10,000 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-4$626,489$125,000$31,250iApproximate average salary by contribution assumption: employee only about $781,250 at 4% or $520,833 at 6%; with 50% employer match about $520,833 at 4% or $347,222 at 6%; with 100% employer match about $390,625 at 4% or $260,417 at 6%.
200914$776,455$150,000$37,500iApproximate average salary by contribution assumption: employee only about $937,500 at 4% or $625,000 at 6%; with 50% employer match about $625,000 at 4% or $416,667 at 6%; with 100% employer match about $468,750 at 4% or $312,500 at 6%.
Praful S. Patel, M.D. Defined Benefit Pension Plan-4$776,455$150,000$37,500iApproximate average salary by contribution assumption: employee only about $937,500 at 4% or $625,000 at 6%; with 50% employer match about $625,000 at 4% or $416,667 at 6%; with 100% employer match about $468,750 at 4% or $312,500 at 6%.