401k Plan data: MEDICAL WELLNESS ASSOCIATES, P.C. 401(K) PSP plan

MEDICAL WELLNESS ASSOCIATES, P.C. 401(K) PSP 401k Plan overview

Plan Name	MEDICAL WELLNESS ASSOCIATES, P.C. 401(K) PSP
Plan identification number	002

MEDICAL WELLNESS ASSOCIATES, P.C. 401(K) PSP Benefits

401k Plan Type

Defined 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MEDICAL WELLNESS ASSOCIATES, P.C. has sponsored the creation of one or more 401k plans.

Company Name: MEDICAL WELLNESS ASSOCIATES, P.C.

Employer identification number (EIN): 251777987

NAIC Classification: 621310
NAIC Description: Offices of Chiropractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEDICAL WELLNESS ASSOCIATES, P.C. 401(K) PSP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2021-01-01 MARTIN GALLAGHER MD PC 2022-06-13
002 2020-01-01 MARTIN GALLAGHER MD PC 2021-07-12
002 2019-01-01 MARTIN GALLAGHER MD PC 2020-07-20
002 2018-01-01 MARTIN GALLAGHER MD PC 2019-06-06
002 2017-01-01 MARTIN GALLAGHER MD PC 2018-06-25
002 2016-01-01 MARTIN GALLAGHER MD PC 2017-07-19
002 2015-01-01 MARTIN GALLAGHER, MD DC 2016-03-24
002 2014-01-01 MARTIN GALLAGHER, MD DC 2015-07-16
002 2013-01-01 MARTIN GALLAGHER, MD DC 2014-07-16

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2021-01-01	MARTIN GALLAGHER MD PC	2022-06-13
002	2020-01-01	MARTIN GALLAGHER MD PC	2021-07-12
002	2019-01-01	MARTIN GALLAGHER MD PC	2020-07-20
002	2018-01-01	MARTIN GALLAGHER MD PC	2019-06-06
002	2017-01-01	MARTIN GALLAGHER MD PC	2018-06-25
002	2016-01-01	MARTIN GALLAGHER MD PC	2017-07-19
002	2015-01-01	MARTIN GALLAGHER, MD DC	2016-03-24
002	2014-01-01	MARTIN GALLAGHER, MD DC	2015-07-16
002	2013-01-01	MARTIN GALLAGHER, MD DC	2014-07-16

Financial Data on MEDICAL WELLNESS ASSOCIATES, P.C. 401(K) PSP

Measure	Date	Value
2022 : MEDICAL WELLNESS ASSOCIATES, P.C. 401(K) PSP 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-06-13	9610
Net assets as of the end of the plan year	2022-06-13	1760781
Total assets as of the beginning of the plan year	2022-06-13	1519199
Value of plan covered by a fidelity bond	2022-06-13	200000
Participant contributions to plan in this plan year	2022-06-13	39216
Other expenses paid from plan in this plan year	2022-06-13	2458
Other income to plan in this plan year	2022-06-13	211976
Plan net income in this plan year	2022-06-13	241582
Net assets as of the end of the plan year	2022-06-13	1760781
Net assets as of the beginning of the plan year	2022-06-13	1519199
Expensese paid to adminstrative service provicers from plan in this plan year	2022-06-13	5637

Potentially related plans

MEDICAL WELLNESS PROJECT, P.C. 401(K) PROFIT SHARING PLAN [EIN = 821107769]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	MEDICAL WELLNESS ASSOCIATES, P.C.
Employer identification number (EIN):	251777987
NAIC Classification:	621310
NAIC Description:	Offices of Chiropractors