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THE HEART MEDICAL GROUP PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE HEART MEDICAL GROUP PROFIT SHARING PLAN
Plan identification number 003

THE HEART MEDICAL GROUP PROFIT SHARING PLAN 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).
  • Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
  • Profit-sharing
  • 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

THE HEART MEDICAL GROUP has sponsored the creation of one or more 401k plans.

Company Name:THE HEART MEDICAL GROUP
Employer identification number (EIN):272176877
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HEART MEDICAL GROUP PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01
0032016-01-01
0032015-01-01LEON IRI KUPFERWASSER2016-10-11
0032014-01-01SCOTT ROSENBERG2015-10-15
0032013-01-01
0032012-01-01MUNAF SHAMJI & LEON I. KUPFERWASSER2013-10-09 MUNAF SHAMJI & LEON I. KUPFERWASSER2013-10-09

Financial Data on THE HEART MEDICAL GROUP PROFIT SHARING PLAN

Measure Date Value
2025 : THE HEART MEDICAL GROUP PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-14133700
Net assets as of the end of the plan year2025-10-142743885
Total assets as of the beginning of the plan year2025-10-141628718
Value of plan covered by a fidelity bond2025-10-14420000
Other income to plan in this plan year2025-10-14996137
Plan net income in this plan year2025-10-141115167
Net assets as of the end of the plan year2025-10-142743885
Net assets as of the beginning of the plan year2025-10-141628718
Employer contributions to plan in this plan year2025-10-14252730
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-1410398
2024 : THE HEART MEDICAL GROUP PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-14150375
Net assets as of the end of the plan year2024-10-141628718
Total assets as of the beginning of the plan year2024-10-141029255
Value of plan covered by a fidelity bond2024-10-14420000
Other contributions to plan in this plan year2024-10-14383411
Other income to plan in this plan year2024-10-1493134
Plan net income in this plan year2024-10-14599463
Net assets as of the end of the plan year2024-10-141628718
Net assets as of the beginning of the plan year2024-10-141029255
Employer contributions to plan in this plan year2024-10-14273293
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-147600
2022 : THE HEART MEDICAL GROUP PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-0639038
Net assets as of the end of the plan year2022-10-06682777
Total assets as of the beginning of the plan year2022-10-06553196
Value of plan covered by a fidelity bond2022-10-06380000
Other income to plan in this plan year2022-10-0668885
Plan net income in this plan year2022-10-06129581
Net assets as of the end of the plan year2022-10-06682777
Net assets as of the beginning of the plan year2022-10-06553196
Employer contributions to plan in this plan year2022-10-0699734
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-065533

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