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CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN 401k Plan overview

Plan NameCHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN
Plan identification number 001

CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

CHARLES E PORTERFIELD DO has sponsored the creation of one or more 401k plans.

Company Name:CHARLES E PORTERFIELD DO
Employer identification number (EIN):200203821
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHARLES E PORTERFIELD DO2023-08-24
0012022-01-01CHARLES PORTERFIELD, D.O.2023-06-20
0012021-01-01CHARLES PORTERFIELD, D.O.2022-08-16
0012020-01-01CHARLES PORTERFIELD, D.O.2021-09-20
0012019-01-01CHARLES PORTERFIELD, D.O.2020-08-12
0012018-01-01CHARLES PORTERFIELD, D.O.2019-09-09
0012017-01-01CHARLES PORTERFIELD, D.O.2018-07-25
0012016-01-01CHARLES PORTERFIELD, D.O.2017-10-11
0012015-01-01CHARLES PORTERFIELD, D.O.2016-10-12
0012014-01-01CHARLES PORTERFIELD, D.O.2015-09-23
0012013-01-01CHARLES PORTERFIELD, D.O.2014-09-26
0012012-01-01CHARLES PORTERFIELD, D.O.2013-09-26
0012011-01-01CHARLES PORTERFIELD, D.O.2012-09-21
0012010-01-01CHARLES E PORTERFIELD, D.O.
0012009-01-01CHARLES E. PORTERFIELD, D.O. CHARLES E. PORTERFIELD, D.O.2010-10-14

Plan Statistics for CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN

401k plan membership statisitcs for CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN

Measure Date Value
2010: CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0116
Total number of active participants reported on line 7a of the Form 55002010-01-019
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
Total of all active and inactive participants2010-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0114
Number of participants with account balances2010-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0112
Total number of active participants reported on line 7a of the Form 55002009-01-0112
Total of all active and inactive participants2009-01-0112
Total participants2009-01-0112
Number of participants with account balances2009-01-0112

Financial Data on CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN

Measure Date Value
2010 : CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$52,265
Expenses. Total of all expenses incurred2010-12-31$14,034
Benefits paid (including direct rollovers)2010-12-31$14,034
Total plan assets at end of year2010-12-31$692,195
Total plan assets at beginning of year2010-12-31$653,964
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$2,031
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$48,203
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$38,231
Net plan assets at end of year (total assets less liabilities)2010-12-31$692,195
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$653,964
Assets. Value of assets in partnership/joint-venture interests2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$2,031
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0

Form 5500 Responses for CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN

2010: CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: CHARLES E. PORTERFIELD, DO PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-822454
Policy instance 1
Insurance contract or identification numberGA-822454
Number of Individuals Covered9
Insurance policy start date2010-01-01
Insurance policy end date2010-12-01
Total amount of commissions paid to insurance brokerUSD $3,975
Total amount of fees paid to insurance companyUSD $3,200
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes

Potentially related plans

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