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ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) 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).
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

ORTHOPAEDIC & TRAUMA SURGEONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:ORTHOPAEDIC & TRAUMA SURGEONS, INC.
Employer identification number (EIN):310717436
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01TIM SMITH
0012011-01-01TIM SMITH
0012009-01-01TIM SMITH TIM SMITH2010-10-11

Plan Statistics for ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2012: ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01215
Total number of active participants reported on line 7a of the Form 55002012-01-01184
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0146
Total of all active and inactive participants2012-01-01230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01230
Number of participants with account balances2012-01-01230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0113
2011: ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01227
Total number of active participants reported on line 7a of the Form 55002011-01-01182
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0132
Total of all active and inactive participants2011-01-01214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01215
Number of participants with account balances2011-01-01214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0114
2009: ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01180
Total number of active participants reported on line 7a of the Form 55002009-01-01165
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0131
Total of all active and inactive participants2009-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01196
Number of participants with account balances2009-01-01196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0117

Financial Data on ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2012 : ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$7,062
Total income from all sources (including contributions)2012-12-31$4,291,664
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,798,720
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,793,047
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,535,099
Value of total assets at end of year2012-12-31$19,120,306
Value of total assets at beginning of year2012-12-31$16,634,424
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$5,673
Total interest from all sources2012-12-31$8,975
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$382,708
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$382,708
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$866,401
Participant contributions at end of year2012-12-31$218,807
Participant contributions at beginning of year2012-12-31$169,682
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$32,373
Assets. Other investments not covered elsewhere at end of year2012-12-31$738,565
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$1,628,815
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$73,698
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$19,143
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$15,447
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$1,782
Other income not declared elsewhere2012-12-31$115,350
Total non interest bearing cash at end of year2012-12-31$70,096
Total non interest bearing cash at beginning of year2012-12-31$7,184
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,492,944
Value of net assets at end of year (total assets less liabilities)2012-12-31$19,120,306
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$16,627,362
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$15,305,530
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$11,904,745
Interest on participant loans2012-12-31$8,685
Interest earned on other investments2012-12-31$290
Value of interest in common/collective trusts at end of year2012-12-31$1,608,303
Value of interest in common/collective trusts at beginning of year2012-12-31$1,826,929
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,228,848
Net investment gain or loss from common/collective trusts2012-12-31$20,684
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,595,000
Employer contributions (assets) at end of year2012-12-31$1,159,862
Employer contributions (assets) at beginning of year2012-12-31$1,049,249
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,793,047
Contract administrator fees2012-12-31$5,673
Liabilities. Value of benefit claims payable at end of year2012-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$5,280
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31SOMERSET CPAS, P.C.
Accountancy firm EIN2012-12-31201717681
2011 : ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$7,062
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$1,975,784
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$2,557,512
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$2,552,101
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,514,441
Value of total assets at end of year2011-12-31$16,634,424
Value of total assets at beginning of year2011-12-31$17,209,090
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$5,411
Total interest from all sources2011-12-31$6,406
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$392,493
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$392,493
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$815,155
Participant contributions at end of year2011-12-31$169,682
Participant contributions at beginning of year2011-12-31$152,026
Participant contributions at end of year2011-12-31$32,373
Participant contributions at beginning of year2011-12-31$0
Assets. Other investments not covered elsewhere at end of year2011-12-31$1,628,815
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$1,639,236
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$249,663
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$15,447
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$12,339
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$1,782
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Other income not declared elsewhere2011-12-31$-10,422
Total non interest bearing cash at end of year2011-12-31$7,184
Total non interest bearing cash at beginning of year2011-12-31$42,225
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-581,728
Value of net assets at end of year (total assets less liabilities)2011-12-31$16,627,362
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$17,209,090
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$11,904,745
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$12,483,307
Interest on participant loans2011-12-31$6,406
Value of interest in common/collective trusts at end of year2011-12-31$1,826,929
Value of interest in common/collective trusts at beginning of year2011-12-31$1,805,499
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-953,164
Net investment gain or loss from common/collective trusts2011-12-31$26,030
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$1,449,623
Employer contributions (assets) at end of year2011-12-31$1,049,249
Employer contributions (assets) at beginning of year2011-12-31$1,074,458
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$2,552,101
Contract administrator fees2011-12-31$5,411
Liabilities. Value of benefit claims payable at end of year2011-12-31$5,280
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$0
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31SOMERSET CPAS, P.C.
Accountancy firm EIN2011-12-31201717681
2010 : ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$4,294,942
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$2,056,129
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,053,124
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,296,122
Value of total assets at end of year2010-12-31$17,209,090
Value of total assets at beginning of year2010-12-31$14,970,277
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$3,005
Total interest from all sources2010-12-31$30,523
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$247,056
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$247,056
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$750,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$816,920
Participant contributions at end of year2010-12-31$152,026
Participant contributions at beginning of year2010-12-31$122,559
Assets. Other investments not covered elsewhere at end of year2010-12-31$1,639,236
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$1,396,851
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$12,897
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$12,339
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$6,080
Other income not declared elsewhere2010-12-31$218,857
Total non interest bearing cash at end of year2010-12-31$42,225
Total non interest bearing cash at beginning of year2010-12-31$41
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$2,238,813
Value of net assets at end of year (total assets less liabilities)2010-12-31$17,209,090
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$14,970,277
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$12,483,307
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$10,310,446
Interest on participant loans2010-12-31$6,996
Interest earned on other investments2010-12-31$23,527
Value of interest in common/collective trusts at end of year2010-12-31$1,805,499
Value of interest in common/collective trusts at beginning of year2010-12-31$2,161,238
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,453,278
Net investment gain or loss from common/collective trusts2010-12-31$49,106
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,466,305
Employer contributions (assets) at end of year2010-12-31$1,074,458
Employer contributions (assets) at beginning of year2010-12-31$973,062
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,053,124
Contract administrator fees2010-12-31$3,005
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31SOMERSET CPAS, P.C.
Accountancy firm EIN2010-12-31201717681
2009 : ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN

2012: ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: ORTHOPAEDIC & TRAUMA SURGEONS, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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