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NEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameNEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

NEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST 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
  • 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.

401k Sponsoring company profile

NEW YORK MEDICAL ASSOCIATES, P.C. has sponsored the creation of one or more 401k plans.

Company Name:NEW YORK MEDICAL ASSOCIATES, P.C.
Employer identification number (EIN):133751082
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about NEW YORK MEDICAL ASSOCIATES, P.C.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1993-11-02
Company Identification Number: 1769120
Legal Registered Office Address: 300 OLD COUNTRY ROAD
SUITE 241
MINEOLA
United States of America (USA)
11501

More information about NEW YORK MEDICAL ASSOCIATES, P.C.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01STANLEY SCHREM2013-08-02 STANLEY SCHREM2013-08-02
0012011-01-01STANLEY SCHREM2012-10-16 STANLEY SCHREM2012-10-16
0012010-01-01MARK LIPTON2011-10-06 MARK LIPTON2011-10-06

Financial Data on NEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : NEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-03-260
Total liabilities as of the end of the plan year2025-03-260
Total liabilities as of the beginning of the plan year2025-03-260
Total expenses incurred by plan in this plan year2025-03-2683333
Net assets as of the end of the plan year2025-03-266114368
Total assets as of the beginning of the plan year2025-03-265287414
Value of plan covered by a fidelity bond2025-03-26500000
Participant contributions to plan in this plan year2025-03-26112985
Value of participant loans at end of plan year2025-03-2640044
Other expenses paid from plan in this plan year2025-03-260
Other contributions to plan in this plan year2025-03-260
Other income to plan in this plan year2025-03-26726942
Plan net income in this plan year2025-03-26826954
Net assets as of the end of the plan year2025-03-266114368
Net assets as of the beginning of the plan year2025-03-265287414
Employer contributions to plan in this plan year2025-03-2670360
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-2632927
2024 : NEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-080
Total liabilities as of the end of the plan year2024-10-080
Total liabilities as of the beginning of the plan year2024-10-080
Total expenses incurred by plan in this plan year2024-10-0837978
Net assets as of the end of the plan year2024-10-085287414
Total assets as of the beginning of the plan year2024-10-084474289
Value of plan covered by a fidelity bond2024-10-08500000
Participant contributions to plan in this plan year2024-10-08114400
Value of participant loans at end of plan year2024-10-0848579
Other expenses paid from plan in this plan year2024-10-080
Other income to plan in this plan year2024-10-08671901
Plan net income in this plan year2024-10-08813125
Net assets as of the end of the plan year2024-10-085287414
Net assets as of the beginning of the plan year2024-10-084474289
Employer contributions to plan in this plan year2024-10-0864802
Fees paid to broker by Benefit Provider2024-10-08428
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0822330
2022 : NEW YORK MEDICAL ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total liabilities as of the end of the plan year2022-09-280
Total liabilities as of the beginning of the plan year2022-09-280
Total expenses incurred by plan in this plan year2022-09-28623605
Net assets as of the end of the plan year2022-09-285562236
Total assets as of the beginning of the plan year2022-09-285272754
Value of plan covered by a fidelity bond2022-09-28500000
Participant contributions to plan in this plan year2022-09-28110496
Value of participant loans at end of plan year2022-09-2838406
Other expenses paid from plan in this plan year2022-09-280
Other income to plan in this plan year2022-09-28747043
Plan net income in this plan year2022-09-28289482
Net assets as of the end of the plan year2022-09-285562236
Net assets as of the beginning of the plan year2022-09-285272754
Employer contributions to plan in this plan year2022-09-2855548
Fees paid to broker by Benefit Provider2022-09-2818264
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-2838261

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