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DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameDAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number 001

DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST 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
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DAVID C. OLSON, D.D.S., PLLC has sponsored the creation of one or more 401k plans.

Company Name:DAVID C. OLSON, D.D.S., PLLC
Employer identification number (EIN):208161164
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01MEGAN STREMICK2021-04-26
0012019-01-01DAVID OLSON2020-04-17
0012018-01-01DAVID OLSON2019-04-23
0012017-01-01DAVID OLSON2018-05-20
0012016-01-01DAVID OLSON2017-03-27
0012015-01-01DAVID OLSON2016-04-08
0012013-01-01DAVID OLSON2014-03-25
0012012-01-01DAVID OLSON2013-04-12
0012011-01-01DAVID OLSON2012-04-13

Plan Statistics for DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2024: DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-07-0813
Total number of particpants at end of year2024-07-0813
Number of Participants With Account Balances2024-07-0813
2022: DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year2022-07-207
Total number of particpants at end of year2022-07-209
Number of Participants With Account Balances2022-07-209

Financial Data on DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2024 : DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST 2024 401k financial data
Total liabilities as of the end of the plan year2024-07-080
Total liabilities as of the beginning of the plan year2024-07-080
Total expenses incurred by plan in this plan year2024-07-0815705
Net assets as of the end of the plan year2024-07-081935471
Total assets as of the beginning of the plan year2024-07-081537623
Value of plan covered by a fidelity bond2024-07-08200000
Participant contributions to plan in this plan year2024-07-0895855
Other expenses paid from plan in this plan year2024-07-080
Other contributions to plan in this plan year2024-07-080
Other income to plan in this plan year2024-07-08205887
Plan net income in this plan year2024-07-08397848
Net assets as of the end of the plan year2024-07-081935471
Net assets as of the beginning of the plan year2024-07-081537623
Value of contributions failed to transmitted timely2024-07-0828084
Employer contributions to plan in this plan year2024-07-08111811
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-0815705
2022 : DAVID C. OLSON, D.D.S., PLLC 401(K) PROFIT SHARING PLAN AND TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-2077797
Net assets as of the end of the plan year2022-07-201617306
Total assets as of the beginning of the plan year2022-07-201442806
Value of plan covered by a fidelity bond2022-07-20200000
Participant contributions to plan in this plan year2022-07-2070913
Other income to plan in this plan year2022-07-20101776
Plan net income in this plan year2022-07-20174500
Net assets as of the end of the plan year2022-07-201617306
Net assets as of the beginning of the plan year2022-07-201442806
Value of contributions failed to transmitted timely2022-07-2044913
Employer contributions to plan in this plan year2022-07-2079608
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-2014058

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