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INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameINTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number 001

INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 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
  • 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

INTERNAL MEDICINE ASSOCIATES O has sponsored the creation of one or more 401k plans.

Company Name:INTERNAL MEDICINE ASSOCIATES O
Employer identification number (EIN):260700253
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ASHWANI SRIVASTAVA2024-09-27
0012022-01-01ASHWANI SRIVASTAVA2023-06-20
0012021-01-01ASHWANI SRIVASTAVA2022-10-04
0012021-01-01ASHWANI SRIVASTAVA2022-10-04
0012020-01-01ASHWANI SRIVASTAVA2021-10-13 ASHWANI SRIVASTAVA2021-10-13
0012019-01-01ASHWANI SRIVASTAVA2020-10-11 ASHWANI SRIVASTAVA2020-10-11
0012018-01-01ASHWANI SRIVASTAVA2019-09-07 ASHWANI SRIVASTAVA2019-09-07
0012017-01-01ASHWANI SRIVASTAVA2018-06-25 ASHWANI SRIVASTAVA2018-06-25
0012016-01-01ASHWANI SRIVASTAVA2017-08-30 ASHWANI SRIVASTAVA2017-08-30
0012013-01-01IMRAN SULEMAN2014-07-22
0012012-01-01INTERNAL MEDICINE ASSOCIATES O2013-07-31
0012011-01-01INTERNAL MEDICINE ASSOCIATES O2012-06-26
0012010-01-01INTERNAL MEDICINE ASSOCIATES O2011-07-28

Plan Statistics for INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2024: INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year2024-09-2735
Total number of particpants at end of year2024-09-2733
Number of Participants With Account Balances2024-09-2729
2022: INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year2022-10-0424
Total number of particpants at end of year2022-10-0428
Number of Participants With Account Balances2022-10-0428

Financial Data on INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2024 : INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST 2024 401k financial data
Total liabilities as of the end of the plan year2024-09-270
Total liabilities as of the beginning of the plan year2024-09-270
Total expenses incurred by plan in this plan year2024-09-272876
Net assets as of the end of the plan year2024-09-271378033
Total assets as of the beginning of the plan year2024-09-271098093
Value of plan covered by a fidelity bond2024-09-27200000
Participant contributions to plan in this plan year2024-09-2724500
Other expenses paid from plan in this plan year2024-09-270
Other contributions to plan in this plan year2024-09-270
Other income to plan in this plan year2024-09-27195940
Plan net income in this plan year2024-09-27279940
Net assets as of the end of the plan year2024-09-271378033
Net assets as of the beginning of the plan year2024-09-271098093
Employer contributions to plan in this plan year2024-09-2762376
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-27290
2022 : INTERNAL MEDICINE ASSOCIATES OF SOUTH DALLAS, PA 401(K) PROFIT SHARING PLAN AND TRUST 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-040
Total liabilities as of the end of the plan year2022-10-040
Total liabilities as of the beginning of the plan year2022-10-040
Total expenses incurred by plan in this plan year2022-10-040
Net assets as of the end of the plan year2022-10-041166295
Total assets as of the beginning of the plan year2022-10-04959940
Value of plan covered by a fidelity bond2022-10-04500000
Participant contributions to plan in this plan year2022-10-0446457
Other expenses paid from plan in this plan year2022-10-040
Other contributions to plan in this plan year2022-10-040
Other income to plan in this plan year2022-10-04159898
Plan net income in this plan year2022-10-04206355
Net assets as of the end of the plan year2022-10-041166295
Net assets as of the beginning of the plan year2022-10-04959940
Employer contributions to plan in this plan year2022-10-040
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-040

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