401k Plan data: PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN plan

PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN
Plan identification number	001

PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN Benefits

401k Plan Type

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

401k Sponsoring company profile

PREFERRED MEDICAL HOLDINGS, LLC has sponsored the creation of one or more 401k plans.

Company Name: PREFERRED MEDICAL HOLDINGS, LLC

Employer identification number (EIN): 271515352

NAIC Classification: 621510
NAIC Description: Medical and Diagnostic Laboratories

Additional information about PREFERRED MEDICAL HOLDINGS, LLC

Jurisdiction of Incorporation: Wyoming Corporations Division

Incorporation Date: 2009-12-11

Company Identification Number: 000577725

Legal Registered Office Address: 1621 Central Ave

Cheyenne
United States of America (USA)
82001

More information about PREFERRED MEDICAL HOLDINGS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 BRANDI HUGHES BRANDI HUGHES 2018-10-12
001 2016-01-01 KAREN MOORE KAREN MOORE 2017-10-16

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2017-01-01	BRANDI HUGHES		BRANDI HUGHES	2018-10-12
001	2016-01-01	KAREN MOORE		KAREN MOORE	2017-10-16

Plan Statistics for PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN

401k plan membership statisitcs for PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN

Measure Date Value
2017: PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 484
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 108
Number of other retired or separated participants entitled to future benefits 2017-01-01 90
Total of all active and inactive participants 2017-01-01 198
Total participants 2017-01-01 198
Number of participants with account balances 2017-01-01 156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 63
2016: PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 596
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 445
Number of other retired or separated participants entitled to future benefits 2016-01-01 46
Total of all active and inactive participants 2016-01-01 491
Total participants 2016-01-01 491
Number of participants with account balances 2016-01-01 281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 47

Measure	Date	Value
2017: PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	484
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	108
Number of other retired or separated participants entitled to future benefits	2017-01-01	90
Total of all active and inactive participants	2017-01-01	198
Total participants	2017-01-01	198
Number of participants with account balances	2017-01-01	156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	63
2016: PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	596
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	445
Number of other retired or separated participants entitled to future benefits	2016-01-01	46
Total of all active and inactive participants	2016-01-01	491
Total participants	2016-01-01	491
Number of participants with account balances	2016-01-01	281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	47

Financial Data on PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN

Measure	Date	Value
2017 : PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$162
Total income from all sources (including contributions)	2017-12-31	$2,130,876
Total of all expenses incurred	2017-12-31	$4,572,216
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$4,555,779
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,071,125
Value of total assets at end of year	2017-12-31	$5,057,659
Value of total assets at beginning of year	2017-12-31	$7,499,161
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$16,437
Total interest from all sources	2017-12-31	$11,878
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$179,176
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$179,176
Administrative expenses professional fees incurred	2017-12-31	$15,000
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$821,809
Participant contributions at end of year	2017-12-31	$24,148
Participant contributions at beginning of year	2017-12-31	$228,162
Participant contributions at end of year	2017-12-31	$8
Participant contributions at beginning of year	2017-12-31	$535
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$70,279
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$162
Administrative expenses (other) incurred	2017-12-31	$1,437
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$-2,441,340
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$5,057,659
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$7,498,999
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$5,032,807
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$7,270,278
Interest on participant loans	2017-12-31	$11,878
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$868,697
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$179,037
Employer contributions (assets) at end of year	2017-12-31	$696
Employer contributions (assets) at beginning of year	2017-12-31	$186
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$4,555,779
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	WHITLEY PENN LLP
Accountancy firm EIN	2017-12-31	752393478
2016 : PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2016 401k financial data
Total transfer of assets to this plan	2016-12-31	$563,930
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$162
Total income from all sources (including contributions)	2016-12-31	$1,986,163
Total of all expenses incurred	2016-12-31	$272,539
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$271,639
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,582,857
Value of total assets at end of year	2016-12-31	$7,499,161
Value of total assets at beginning of year	2016-12-31	$5,221,445
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$900
Total interest from all sources	2016-12-31	$10,028
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$246,900
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$246,900
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$1,083,936
Participant contributions at end of year	2016-12-31	$228,162
Participant contributions at beginning of year	2016-12-31	$102,472
Participant contributions at end of year	2016-12-31	$535
Participant contributions at beginning of year	2016-12-31	$26,517
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$218,100
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-12-31	$2,408
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$162
Other income not declared elsewhere	2016-12-31	$3,428
Administrative expenses (other) incurred	2016-12-31	$900
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,713,624
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$7,498,999
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$5,221,445
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$7,270,278
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$5,081,803
Interest on participant loans	2016-12-31	$10,028
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$142,950
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$280,821
Employer contributions (assets) at end of year	2016-12-31	$186
Employer contributions (assets) at beginning of year	2016-12-31	$8,245
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$271,639
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	WHITLEY PENN LLP
Accountancy firm EIN	2016-12-31	752393478

Form 5500 Responses for PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN

2017: PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Mulitple employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PREFERRED MEDICAL HOLDINGS, LLC 401(K) RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

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:	PREFERRED MEDICAL HOLDINGS, LLC
Employer identification number (EIN):	271515352
NAIC Classification:	621510
NAIC Description:	Medical and Diagnostic Laboratories

Jurisdiction of Incorporation:	Wyoming Corporations Division
Incorporation Date:	2009-12-11
Company Identification Number:	000577725
Legal Registered Office Address:	1621 Central Ave Cheyenne United States of America (USA) 82001