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DAVID M. GRACE, M.D. APMLLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameDAVID M. GRACE, M.D. APMLLC 401(K) PROFIT SHARING PLAN
Plan identification number 001

DAVID M. GRACE, M.D. APMLLC 401(K) 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).
  • 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.
  • 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

DAVID M. GRACE, M.D. A PROFESSIONAL MEDICAL LIMITED LIABILITY COMPANY has sponsored the creation of one or more 401k plans.

Company Name:DAVID M. GRACE, M.D. A PROFESSIONAL MEDICAL LIMITED LIABILITY COMPANY
Employer identification number (EIN):202313385
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID M. GRACE, M.D. APMLLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-01-01DAVID M. GRACE, M.D.2011-06-08 DAVID M. GRACE, M.D.2011-06-08

Financial Data on DAVID M. GRACE, M.D. APMLLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2008 : DAVID M. GRACE, M.D. APMLLC 401(K) PROFIT SHARING PLAN 2008 401k financial data
Total plan liabilities at beginning of year2008-12-31$4,830
Total income from all sources2008-12-31$-22,320
Expenses. Total of all expenses incurred2008-12-31$3,660
Benefits paid (including direct rollovers)2008-12-31$3,330
Total plan assets at end of year2008-12-31$58,884
Total plan assets at beginning of year2008-12-31$89,694
Value of fidelity bond covering the plan2008-12-31$10,000
Expenses. Other expenses not covered elsewhere2008-12-31$330
Other income received2008-12-31$-22,320
Net income (gross income less expenses)2008-12-31$-25,980
Net plan assets at end of year (total assets less liabilities)2008-12-31$58,884
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$84,864

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