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MICHAEL J SOMPLE MD INC PROFIT SHARING PLAN 401k Plan overview

Plan NameMICHAEL J SOMPLE MD INC PROFIT SHARING PLAN
Plan identification number 001

MICHAEL J SOMPLE MD INC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

MICHAEL J SOMPLE MD INC has sponsored the creation of one or more 401k plans.

Company Name:MICHAEL J SOMPLE MD INC
Employer identification number (EIN):311597742
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MICHAEL J SOMPLE MD INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012009-01-01MICHAEL J. SOMPLE, M.D.

Financial Data on MICHAEL J SOMPLE MD INC PROFIT SHARING PLAN

Measure Date Value
2010 : MICHAEL J SOMPLE MD INC PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$112,500
Expenses. Total of all expenses incurred2010-12-31$775,243
Benefits paid (including direct rollovers)2010-12-31$769,347
Total plan assets at end of year2010-12-31$0
Total plan assets at beginning of year2010-12-31$662,743
Value of fidelity bond covering the plan2010-12-31$70,000
Total contributions received or receivable from participants2010-12-31$7,000
Other income received2010-12-31$101,030
Net income (gross income less expenses)2010-12-31$-662,743
Net plan assets at end of year (total assets less liabilities)2010-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$662,743
Total contributions received or receivable from employer(s)2010-12-31$4,470
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$5,896

Form 5500 Responses for MICHAEL J SOMPLE MD INC PROFIT SHARING PLAN

2009: MICHAEL J SOMPLE MD INC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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