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SOUTHERN MEDICAL GROUP 401(K) P/S PLAN 401k Plan overview

Plan NameSOUTHERN MEDICAL GROUP 401(K) P/S PLAN
Plan identification number 001

SOUTHERN MEDICAL GROUP 401(K) P/S 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SOUTHERN MEDICAL GROUP has sponsored the creation of one or more 401k plans.

Company Name:SOUTHERN MEDICAL GROUP
Employer identification number (EIN):205160864
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHERN MEDICAL GROUP 401(K) P/S PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01REBECCA ROBERSON2024-06-25 REBECCA ROBESON2024-06-25
0012022-01-01REBECCA ROBERSON2023-05-05
0012021-01-01REBECCA ROBERSON2022-05-05
0012020-01-01REBECCA ROBERSON2021-06-11
0012019-01-01REBECCA ROBERSON2020-06-15
0012018-01-01TIMOTHY JOHNSON2019-04-17
0012017-01-01TIMOTHY JOHNSON2018-06-20
0012016-01-01SHANNON HARRINGTON2017-07-11
0012015-01-01SHANNON HARRINGTON2016-09-26
0012014-01-01SHANNON HARRINGTON2015-10-01
0012013-01-01SHANNON HARRINGTON2014-08-31
0012012-01-01SHANNON HARRINGTON2013-10-10
0012011-01-01MATT BARNETT2012-10-15
0012010-01-01JASON FRANKS2011-05-12

Financial Data on SOUTHERN MEDICAL GROUP 401(K) P/S PLAN

Measure Date Value
2025 : SOUTHERN MEDICAL GROUP 401(K) P/S PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-09-100
Total expenses incurred by plan in this plan year2025-09-10128933
Net assets as of the end of the plan year2025-09-102634180
Total assets as of the beginning of the plan year2025-09-102319057
Participant contributions to plan in this plan year2025-09-1069154
Other income to plan in this plan year2025-09-10345960
Plan net income in this plan year2025-09-10315123
Net assets as of the end of the plan year2025-09-102634180
Net assets as of the beginning of the plan year2025-09-102319057
Employer contributions to plan in this plan year2025-09-1028942
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-1017605
2024 : SOUTHERN MEDICAL GROUP 401(K) P/S PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-06-250
Total expenses incurred by plan in this plan year2024-06-2523814
Net assets as of the end of the plan year2024-06-252319057
Total assets as of the beginning of the plan year2024-06-251876177
Participant contributions to plan in this plan year2024-06-2553180
Other income to plan in this plan year2024-06-25382718
Plan net income in this plan year2024-06-25442880
Net assets as of the end of the plan year2024-06-252319057
Net assets as of the beginning of the plan year2024-06-251876177
Employer contributions to plan in this plan year2024-06-2530796
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-2515111
2022 : SOUTHERN MEDICAL GROUP 401(K) P/S PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-05-050
Total liabilities as of the beginning of the plan year2022-05-050
Total expenses incurred by plan in this plan year2022-05-0515368
Net assets as of the end of the plan year2022-05-052252101
Total assets as of the beginning of the plan year2022-05-051864200
Participant contributions to plan in this plan year2022-05-0548876
Other expenses paid from plan in this plan year2022-05-050
Other contributions to plan in this plan year2022-05-050
Other income to plan in this plan year2022-05-05324653
Plan net income in this plan year2022-05-05387901
Net assets as of the end of the plan year2022-05-052252101
Net assets as of the beginning of the plan year2022-05-051864200
Value of contributions failed to transmitted timely2022-05-054654
Employer contributions to plan in this plan year2022-05-0529740
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-0514208

Potentially related plans

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