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SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 401k Plan overview

Plan NameSURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN
Plan identification number 001

SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING 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).
  • 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(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.
  • 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

SURGICAL SPECIALISTS OF OKLAHOMA, PLLC has sponsored the creation of one or more 401k plans.

Company Name:SURGICAL SPECIALISTS OF OKLAHOMA, PLLC
Employer identification number (EIN):202130641
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01STACI CONDER
0012011-01-01PHILIP MALONE
0012010-01-01KRISTIE FOSTER
0012009-01-01WILLIAM MILLER

Plan Statistics for SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN

401k plan membership statisitcs for SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN

Measure Date Value
2012: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01210
Total number of active participants reported on line 7a of the Form 55002012-01-0114
Number of retired or separated participants receiving benefits2012-01-0115
Number of other retired or separated participants entitled to future benefits2012-01-0146
Total of all active and inactive participants2012-01-0175
Total participants2012-01-0175
Number of participants with account balances2012-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-014
2011: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01233
Total number of active participants reported on line 7a of the Form 55002011-01-01123
Number of retired or separated participants receiving benefits2011-01-0110
Number of other retired or separated participants entitled to future benefits2011-01-0173
Total of all active and inactive participants2011-01-01206
Total participants2011-01-01206
Number of participants with account balances2011-01-01204
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0118
2010: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01246
Total number of active participants reported on line 7a of the Form 55002010-01-01140
Number of retired or separated participants receiving benefits2010-01-015
Number of other retired or separated participants entitled to future benefits2010-01-0171
Total of all active and inactive participants2010-01-01216
Total participants2010-01-01216
Number of participants with account balances2010-01-01216
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0129
2009: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01235
Total number of active participants reported on line 7a of the Form 55002009-01-01164
Number of retired or separated participants receiving benefits2009-01-015
Number of other retired or separated participants entitled to future benefits2009-01-0155
Total of all active and inactive participants2009-01-01224
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01224
Number of participants with account balances2009-01-01218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0114

Financial Data on SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN

Measure Date Value
2012 : SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$661,630
Total unrealized appreciation/depreciation of assets2012-12-31$661,630
Total income from all sources (including contributions)2012-12-31$1,897,512
Total of all expenses incurred2012-12-31$8,994,950
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$8,894,469
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$927,954
Value of total assets at end of year2012-12-31$6,767,254
Value of total assets at beginning of year2012-12-31$13,864,692
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$100,481
Total interest from all sources2012-12-31$307,928
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers2012-12-310
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$49,348
Participant contributions at end of year2012-12-31$46,674
Participant contributions at beginning of year2012-12-31$139,364
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$7,872
Assets. Other investments not covered elsewhere at end of year2012-12-31$97,314
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$350,000
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$5,924
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-7,097,438
Value of net assets at end of year (total assets less liabilities)2012-12-31$6,767,254
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$13,864,692
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$100,481
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$4,920,476
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$10,409,551
Interest on participant loans2012-12-31$1,776
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$1,086,525
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$1,666,755
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$1,666,755
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$306,152
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$120,031
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$872,682
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$102,638
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$8,894,469
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$616,265
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$1,068,481
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31FINLEY & COOK, PLLC
Accountancy firm EIN2012-12-31730604334
2011 : SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-649,800
Total unrealized appreciation/depreciation of assets2011-12-31$-649,800
Total income from all sources (including contributions)2011-12-31$1,129,541
Total of all expenses incurred2011-12-31$1,395,144
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,297,683
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,397,455
Value of total assets at end of year2011-12-31$13,864,692
Value of total assets at beginning of year2011-12-31$14,130,295
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$97,461
Total interest from all sources2011-12-31$381,886
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$127,502
Participant contributions at end of year2011-12-31$139,364
Participant contributions at beginning of year2011-12-31$143,141
Participant contributions at end of year2011-12-31$7,872
Participant contributions at beginning of year2011-12-31$4,733
Assets. Other investments not covered elsewhere at end of year2011-12-31$350,000
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$22,753
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-265,603
Value of net assets at end of year (total assets less liabilities)2011-12-31$13,864,692
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$14,130,295
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$97,461
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$10,409,551
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$10,474,871
Interest on participant loans2011-12-31$3,573
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$1,666,755
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,893,792
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,893,792
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$378,313
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$120,031
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$120,031
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$1,247,200
Employer contributions (assets) at end of year2011-12-31$102,638
Employer contributions (assets) at beginning of year2011-12-31$358,273
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,297,683
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$1,068,481
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$1,135,454
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31FINLEY & COOK, PLLC
Accountancy firm EIN2011-12-31730604334
2010 : SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$714,745
Total unrealized appreciation/depreciation of assets2010-12-31$714,745
Total income from all sources (including contributions)2010-12-31$2,585,884
Total of all expenses incurred2010-12-31$1,594,420
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,549,152
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,566,631
Value of total assets at end of year2010-12-31$14,130,295
Value of total assets at beginning of year2010-12-31$13,138,831
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$45,268
Total interest from all sources2010-12-31$302,845
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$142,993
Participant contributions at end of year2010-12-31$143,141
Participant contributions at beginning of year2010-12-31$82,547
Participant contributions at end of year2010-12-31$4,733
Participant contributions at beginning of year2010-12-31$4,707
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$13,051
Other income not declared elsewhere2010-12-31$1,663
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$991,464
Value of net assets at end of year (total assets less liabilities)2010-12-31$14,130,295
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$13,138,831
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$45,268
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$10,474,871
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$10,261,246
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,893,792
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$135,369
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$135,369
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$302,845
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$120,031
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$481,812
Asset value of US Government securities at end of year2010-12-31$0
Asset value of US Government securities at beginning of year2010-12-31$50,260
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,410,587
Employer contributions (assets) at end of year2010-12-31$358,273
Employer contributions (assets) at beginning of year2010-12-31$515,227
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,549,152
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$123,575
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$1,135,454
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$1,484,088
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31FINLEY & COOK, PLLC
Accountancy firm EIN2010-12-31730604334

Form 5500 Responses for SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN

2012: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC 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: SURGICAL SPECIALISTS OF OKLAHOMA, PLLC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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