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M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN 401k Plan overview

Plan NameM & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN
Plan identification number 001

M & T SYNERGY, P.C. DBA FAMILY & 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

M & T SYNERGY, PC DBA FAMILY & has sponsored the creation of one or more 401k plans.

Company Name:M & T SYNERGY, PC DBA FAMILY &
Employer identification number (EIN):204544108
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01MITUL PATEL2023-06-26
0012021-01-01MITUL PATEL2022-09-08
0012020-01-01MITUL PATEL2021-10-12
0012019-01-01MITUL PATEL2020-10-02
0012018-01-01MITUL PATEL2019-10-04
0012018-01-01MITUL PATEL2020-04-03
0012017-01-01MITUL PATEL2018-06-21
0012016-01-01MITUL PATEL2017-07-31
0012015-01-01MITUL PATEL2016-07-15
0012014-01-01MITUL PATEL2015-09-11 MITUL PATEL2015-09-11
0012013-01-01MITUL PATEL2014-07-26 MITUL PATEL2014-07-26
0012012-01-01MITUL PATEL2013-07-29 MITUL PATEL2013-07-29
0012011-01-01MITUL PATEL2012-08-01 MITUL PATEL2012-08-01
0012010-01-01MITUL PATEL2011-10-12 MITUL PATEL2011-10-12

Plan Statistics for M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN

401k plan membership statisitcs for M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN

Measure Date Value
2025: M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-05-278
Total number of particpants at end of year2025-05-277
Number of Participants With Account Balances2025-05-277
2024: M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-069
Total number of particpants at end of year2024-09-066
Number of Participants With Account Balances2024-09-066
2022: M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-089
Total number of particpants at end of year2022-09-086
Number of Participants With Account Balances2022-09-086

Financial Data on M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN

Measure Date Value
2025 : M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-05-270
Total liabilities as of the beginning of the plan year2025-05-270
Total expenses incurred by plan in this plan year2025-05-2710525
Net assets as of the end of the plan year2025-05-271622928
Total assets as of the beginning of the plan year2025-05-271348175
Value of plan covered by a fidelity bond2025-05-27200000
Participant contributions to plan in this plan year2025-05-2749500
Other expenses paid from plan in this plan year2025-05-270
Other contributions to plan in this plan year2025-05-270
Other income to plan in this plan year2025-05-27131268
Plan net income in this plan year2025-05-27274753
Net assets as of the end of the plan year2025-05-271622928
Net assets as of the beginning of the plan year2025-05-271348175
Employer contributions to plan in this plan year2025-05-27104510
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-2710525
2024 : M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-09-060
Total liabilities as of the beginning of the plan year2024-09-060
Total expenses incurred by plan in this plan year2024-09-0648083
Net assets as of the end of the plan year2024-09-061348175
Total assets as of the beginning of the plan year2024-09-061162186
Value of plan covered by a fidelity bond2024-09-06200000
Participant contributions to plan in this plan year2024-09-0646167
Other expenses paid from plan in this plan year2024-09-060
Other contributions to plan in this plan year2024-09-060
Other income to plan in this plan year2024-09-06186971
Plan net income in this plan year2024-09-06185989
Net assets as of the end of the plan year2024-09-061348175
Net assets as of the beginning of the plan year2024-09-061162186
Employer contributions to plan in this plan year2024-09-06934
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-0610242
2022 : M & T SYNERGY, P.C. DBA FAMILY & PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-09-080
Total liabilities as of the end of the plan year2022-09-080
Total liabilities as of the beginning of the plan year2022-09-080
Total expenses incurred by plan in this plan year2022-09-0867698
Net assets as of the end of the plan year2022-09-081414505
Total assets as of the beginning of the plan year2022-09-081297492
Participant contributions to plan in this plan year2022-09-081808
Other expenses paid from plan in this plan year2022-09-080
Other contributions to plan in this plan year2022-09-080
Other income to plan in this plan year2022-09-08181348
Plan net income in this plan year2022-09-08117013
Net assets as of the end of the plan year2022-09-081414505
Net assets as of the beginning of the plan year2022-09-081297492
Employer contributions to plan in this plan year2022-09-081555
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-0811571

Potentially related plans

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