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FAMILY PRACTICE GROUP, P.C. 401(K) PLAN 401k Plan overview

Plan NameFAMILY PRACTICE GROUP, P.C. 401(K) PLAN
Plan identification number 001

FAMILY PRACTICE GROUP, P.C. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

FAMILY PRACTICE GROUP, P.C. has sponsored the creation of one or more 401k plans.

Company Name:FAMILY PRACTICE GROUP, P.C.
Employer identification number (EIN):042585070
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAMILY PRACTICE GROUP, P.C. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SETH LARNER2024-04-23 SETH LARNER2024-04-23
0012022-01-01JENNIFER HILLERY2023-05-08
0012021-01-01JENNIFER HILLERY2022-09-07
0012020-01-01JENNIFER HILLERY2021-07-22
0012019-01-01JENNIFER HILLERY2020-08-13
0012018-01-01JENNIFER HILLERY2019-09-11
0012017-01-01JENNIFER HILLERY2018-08-22
0012016-01-01JENNIFER HILLERY2017-08-18
0012015-01-01JENNIFER HILLERY2016-08-15
0012014-01-01JENNIFER HILLERY2015-06-29
0012013-01-01JENNIFER HILLERY2014-09-03
0012012-01-01JENNIFER HILLERY2013-09-11
0012011-01-01JENNIFER HILLERY2012-08-28
0012010-01-01JENNIFER HILLERY2011-08-16

Financial Data on FAMILY PRACTICE GROUP, P.C. 401(K) PLAN

Measure Date Value
2025 : FAMILY PRACTICE GROUP, P.C. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-0153157
Net assets as of the end of the plan year2025-05-016623720
Total assets as of the beginning of the plan year2025-05-015642151
Value of plan covered by a fidelity bond2025-05-01500000
Participant contributions to plan in this plan year2025-05-01280680
Other income to plan in this plan year2025-05-01650626
Plan net income in this plan year2025-05-01981569
Net assets as of the end of the plan year2025-05-016623720
Net assets as of the beginning of the plan year2025-05-015642151
Employer contributions to plan in this plan year2025-05-01103420
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-0124390
2024 : FAMILY PRACTICE GROUP, P.C. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-23138683
Net assets as of the end of the plan year2024-04-235642151
Total assets as of the beginning of the plan year2024-04-234892398
Value of plan covered by a fidelity bond2024-04-23500000
Participant contributions to plan in this plan year2024-04-23255091
Other income to plan in this plan year2024-04-23552141
Plan net income in this plan year2024-04-23749753
Net assets as of the end of the plan year2024-04-235642151
Net assets as of the beginning of the plan year2024-04-234892398
Employer contributions to plan in this plan year2024-04-2381204
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-2317890
2022 : FAMILY PRACTICE GROUP, P.C. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-07335777
Net assets as of the end of the plan year2022-09-075601532
Total assets as of the beginning of the plan year2022-09-074984071
Value of plan covered by a fidelity bond2022-09-07500000
Participant contributions to plan in this plan year2022-09-07159372
Other expenses paid from plan in this plan year2022-09-0727748
Other income to plan in this plan year2022-09-07733020
Plan net income in this plan year2022-09-07617461
Net assets as of the end of the plan year2022-09-075601532
Net assets as of the beginning of the plan year2022-09-074984071
Employer contributions to plan in this plan year2022-09-0760846

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