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NORTH GEORGIA FAMILY MEDICINE 401(K) PLAN 401k Plan overview

Plan NameNORTH GEORGIA FAMILY MEDICINE 401(K) PLAN
Plan identification number 001

NORTH GEORGIA FAMILY MEDICINE 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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

NORTH GEORGIA FAMILY MEDICINE has sponsored the creation of one or more 401k plans.

Company Name:NORTH GEORGIA FAMILY MEDICINE
Employer identification number (EIN):262824799
NAIC Classification:621900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH GEORGIA FAMILY MEDICINE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHARLIE BAILEY2024-07-24
0012022-01-01CHARLIE LEWIS BAILEY JR2023-07-14
0012021-01-01CHARLIE LEWIS BAILEY JR2022-06-23
0012020-01-01CHARLIE LEWIS BAILEY JR2021-10-01
0012019-01-01CHARLIE LEWIS BAILEY JR2020-08-03
0012018-01-01LEW BAILEY2019-07-03
0012017-01-01CHARLIE LEW BAILEY2018-10-12
0012016-01-01CHARLIE LEW BAILEY2017-10-11

Financial Data on NORTH GEORGIA FAMILY MEDICINE 401(K) PLAN

Measure Date Value
2025 : NORTH GEORGIA FAMILY MEDICINE 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-09-250
Total expenses incurred by plan in this plan year2025-09-25121123
Net assets as of the end of the plan year2025-09-252166545
Total assets as of the beginning of the plan year2025-09-251765516
Value of plan covered by a fidelity bond2025-09-25300000
Participant contributions to plan in this plan year2025-09-25194741
Value of participant loans at end of plan year2025-09-259324
Other income to plan in this plan year2025-09-25279132
Plan net income in this plan year2025-09-25401029
Net assets as of the end of the plan year2025-09-252166545
Net assets as of the beginning of the plan year2025-09-251765516
Employer contributions to plan in this plan year2025-09-2548279
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-251671
2024 : NORTH GEORGIA FAMILY MEDICINE 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-07-240
Total expenses incurred by plan in this plan year2024-07-2445407
Net assets as of the end of the plan year2024-07-241765516
Total assets as of the beginning of the plan year2024-07-241261138
Value of plan covered by a fidelity bond2024-07-24200000
Participant contributions to plan in this plan year2024-07-24189212
Value of participant loans at end of plan year2024-07-2410764
Other income to plan in this plan year2024-07-24271464
Plan net income in this plan year2024-07-24504378
Net assets as of the end of the plan year2024-07-241765516
Net assets as of the beginning of the plan year2024-07-241261138
Employer contributions to plan in this plan year2024-07-2489109
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-24510
2022 : NORTH GEORGIA FAMILY MEDICINE 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-06-230
Total expenses incurred by plan in this plan year2022-06-235242
Net assets as of the end of the plan year2022-06-231239143
Total assets as of the beginning of the plan year2022-06-23863015
Value of plan covered by a fidelity bond2022-06-23120000
Participant contributions to plan in this plan year2022-06-23135612
Value of participant loans at end of plan year2022-06-23855
Other income to plan in this plan year2022-06-23167954
Plan net income in this plan year2022-06-23376128
Net assets as of the end of the plan year2022-06-231239143
Net assets as of the beginning of the plan year2022-06-23863015
Employer contributions to plan in this plan year2022-06-2377804
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-232920

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