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RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 401k Plan overview

Plan NameRETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC
Plan identification number 001

RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 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

PHYSICIANS STAFFING SOLUTIONS, LLC has sponsored the creation of one or more 401k plans.

Company Name:PHYSICIANS STAFFING SOLUTIONS, LLC
Employer identification number (EIN):272591899
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01STEVEN STOUT2024-08-20
0012022-01-01STEVEN STOUT2023-07-24
0012021-01-01STEVEN STOUT2022-07-26
0012020-08-01STEVEN STOUT2021-07-22

Plan Statistics for RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC

401k plan membership statisitcs for RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC

Measure Date Value
2025: RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 2025 401k membership
Total number of particpants at beginning of year2025-07-2828
Total number of particpants at end of year2025-07-2827
Number of Participants With Account Balances2025-07-2827
2024: RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 2024 401k membership
Total number of particpants at beginning of year2024-08-2021
Total number of particpants at end of year2024-08-2025
Number of Participants With Account Balances2024-08-2024
2022: RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 2022 401k membership
Total number of particpants at beginning of year2022-07-2612
Total number of particpants at end of year2022-07-2612
Number of Participants With Account Balances2022-07-269

Financial Data on RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC

Measure Date Value
2025 : RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-280
Total liabilities as of the end of the plan year2025-07-280
Total liabilities as of the beginning of the plan year2025-07-280
Total expenses incurred by plan in this plan year2025-07-2855170
Net assets as of the end of the plan year2025-07-281008851
Total assets as of the beginning of the plan year2025-07-28735120
Value of plan covered by a fidelity bond2025-07-28500000
Participant contributions to plan in this plan year2025-07-28104896
Value of participant loans at end of plan year2025-07-28841
Other expenses paid from plan in this plan year2025-07-280
Other contributions to plan in this plan year2025-07-2863059
Other income to plan in this plan year2025-07-2899561
Plan net income in this plan year2025-07-28273731
Net assets as of the end of the plan year2025-07-281008851
Net assets as of the beginning of the plan year2025-07-28735120
Value of contributions failed to transmitted timely2025-07-280
Employer contributions to plan in this plan year2025-07-2861385
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-289454
2024 : RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-200
Total liabilities as of the end of the plan year2024-08-200
Total liabilities as of the beginning of the plan year2024-08-200
Total expenses incurred by plan in this plan year2024-08-2010044
Net assets as of the end of the plan year2024-08-20735120
Total assets as of the beginning of the plan year2024-08-20308674
Value of plan covered by a fidelity bond2024-08-20500000
Participant contributions to plan in this plan year2024-08-2091111
Value of participant loans at end of plan year2024-08-201211
Other expenses paid from plan in this plan year2024-08-200
Other contributions to plan in this plan year2024-08-20216755
Other income to plan in this plan year2024-08-2084543
Plan net income in this plan year2024-08-20426446
Net assets as of the end of the plan year2024-08-20735120
Net assets as of the beginning of the plan year2024-08-20308674
Employer contributions to plan in this plan year2024-08-2044081
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-205855
2022 : RETIREMENT INCOME SECURITY PLAN-PHYSICIANS STAFFING SOLUTIONS, LLC 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-260
Total liabilities as of the end of the plan year2022-07-26110
Total liabilities as of the beginning of the plan year2022-07-260
Total expenses incurred by plan in this plan year2022-07-266364
Net assets as of the end of the plan year2022-07-26235313
Total assets as of the beginning of the plan year2022-07-2683299
Value of plan covered by a fidelity bond2022-07-26500000
Participant contributions to plan in this plan year2022-07-2673918
Value of participant loans at end of plan year2022-07-260
Other expenses paid from plan in this plan year2022-07-260
Other contributions to plan in this plan year2022-07-2630293
Other income to plan in this plan year2022-07-2619851
Plan net income in this plan year2022-07-26151904
Net assets as of the end of the plan year2022-07-26235203
Net assets as of the beginning of the plan year2022-07-2683299
Value of contributions failed to transmitted timely2022-07-260
Employer contributions to plan in this plan year2022-07-2634206
Fees paid to broker by Benefit Provider2022-07-260
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-261789

Potentially related plans

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