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401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 401k Plan overview

Plan Name401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A.
Plan identification number 001

401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 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.
  • 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.
  • 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

C. SCOTT SCHMITT,D.M.D.,M.S.,P.A. has sponsored the creation of one or more 401k plans.

Company Name:C. SCOTT SCHMITT,D.M.D.,M.S.,P.A.
Employer identification number (EIN):202678286
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01C. SCOTT SCHMITT, DMD, MS2019-10-15
0012017-01-01C. SCOTT SCHMITT, DMD, MS
0012016-01-01C. SCOTT SCHMITT, DMD, MS
0012015-01-01C. SCOTT SCHMITT2016-07-06
0012014-01-01C. SCOTT SCHMITT2015-08-03
0012013-01-01C. SCOTT SCHMITT2014-08-24
0012012-01-01C. SCOTT SCHMITT2013-10-07

Plan Statistics for 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A.

401k plan membership statisitcs for 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A.

Measure Date Value
2017: 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 2017 401k membership
Total participants, beginning-of-year2017-01-018
Total number of active participants reported on line 7a of the Form 55002017-01-014
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-014
Total of all active and inactive participants2017-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-018
Number of participants with account balances2017-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 2016 401k membership
Total participants, beginning-of-year2016-01-019
Total number of active participants reported on line 7a of the Form 55002016-01-014
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-018
Number of participants with account balances2016-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A.

Measure Date Value
2017 : 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 2017 401k financial data
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$199,275
Expenses. Total of all expenses incurred2017-12-31$5,893
Total plan assets at end of year2017-12-31$1,183,524
Total plan assets at beginning of year2017-12-31$990,142
Value of fidelity bond covering the plan2017-12-31$100,000
Total contributions received or receivable from participants2017-12-31$24,759
Other income received2017-12-31$125,747
Net income (gross income less expenses)2017-12-31$193,382
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,183,524
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$990,142
Assets. Value of assets in partnership/joint-venture interests2017-12-31$0
Total contributions received or receivable from employer(s)2017-12-31$48,769
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$5,893
2016 : 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$126,993
Expenses. Total of all expenses incurred2016-12-31$7,786
Benefits paid (including direct rollovers)2016-12-31$855
Total plan assets at end of year2016-12-31$990,142
Total plan assets at beginning of year2016-12-31$870,935
Value of fidelity bond covering the plan2016-12-31$100,000
Total contributions received or receivable from participants2016-12-31$20,042
Other income received2016-12-31$61,589
Net income (gross income less expenses)2016-12-31$119,207
Net plan assets at end of year (total assets less liabilities)2016-12-31$990,142
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$870,935
Assets. Value of assets in partnership/joint-venture interests2016-12-31$193
Total contributions received or receivable from employer(s)2016-12-31$45,362
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$6,931
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A.

2017: 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: 401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF C. SCOTT SCHMITT, D.M.D., M.S., P.A. 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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