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MEDICAL SOCIETY EXCHANGE, INC. 401K 401k Plan overview

Plan NameMEDICAL SOCIETY EXCHANGE, INC. 401K
Plan identification number 001

MEDICAL SOCIETY EXCHANGE, INC. 401K Benefits

401k Plan TypeDefined 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.

401k Sponsoring company profile

MEDICAL SOCIETY EXCHANGE, INC. has sponsored the creation of one or more 401k plans.

Company Name:MEDICAL SOCIETY EXCHANGE, INC.
Employer identification number (EIN):351017081
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEDICAL SOCIETY EXCHANGE, INC. 401K

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01ANN KNIGHT2018-07-30
0012017-01-01ANN KNIGHT2018-07-03
0012016-01-01ANN KNIGHT2017-05-09
0012015-01-01ANN KNIGHT2016-10-04
0012014-01-01ANN KNIGHT
0012013-01-01ANN KNIGHT
0012012-01-01ANN KNIGHT
0012011-01-01ANN KNIGHT

Financial Data on MEDICAL SOCIETY EXCHANGE, INC. 401K

Measure Date Value
2014 : MEDICAL SOCIETY EXCHANGE, INC. 401K 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total income from all sources2014-12-31$93,473
Expenses. Total of all expenses incurred2014-12-31$87,646
Benefits paid (including direct rollovers)2014-12-31$87,079
Total plan assets at end of year2014-12-31$828,832
Total plan assets at beginning of year2014-12-31$823,005
Value of fidelity bond covering the plan2014-12-31$250,000
Total contributions received or receivable from participants2014-12-31$33,899
Expenses. Other expenses not covered elsewhere2014-12-31$567
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$37,771
Net income (gross income less expenses)2014-12-31$5,827
Net plan assets at end of year (total assets less liabilities)2014-12-31$828,832
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$823,005
Assets. Value of participant loans2014-12-31$85,047
Total contributions received or receivable from employer(s)2014-12-31$21,803
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$0
Amount contributed by the employer to the plan for this plan year2014-12-31$0
2013 : MEDICAL SOCIETY EXCHANGE, INC. 401K 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total income from all sources2013-12-31$177,040
Expenses. Total of all expenses incurred2013-12-31$7,655
Benefits paid (including direct rollovers)2013-12-31$6,980
Total plan assets at end of year2013-12-31$823,005
Total plan assets at beginning of year2013-12-31$653,620
Value of fidelity bond covering the plan2013-12-31$250,000
Total contributions received or receivable from participants2013-12-31$40,322
Expenses. Other expenses not covered elsewhere2013-12-31$675
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$111,950
Net income (gross income less expenses)2013-12-31$169,385
Net plan assets at end of year (total assets less liabilities)2013-12-31$823,005
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$653,620
Assets. Value of participant loans2013-12-31$107,833
Total contributions received or receivable from employer(s)2013-12-31$24,768
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$0
Amount contributed by the employer to the plan for this plan year2013-12-31$0
2012 : MEDICAL SOCIETY EXCHANGE, INC. 401K 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total income from all sources2012-12-31$118,495
Expenses. Total of all expenses incurred2012-12-31$52,233
Benefits paid (including direct rollovers)2012-12-31$51,524
Total plan assets at end of year2012-12-31$653,620
Total plan assets at beginning of year2012-12-31$587,358
Value of fidelity bond covering the plan2012-12-31$250,000
Total contributions received or receivable from participants2012-12-31$30,843
Expenses. Other expenses not covered elsewhere2012-12-31$709
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$64,771
Net income (gross income less expenses)2012-12-31$66,262
Net plan assets at end of year (total assets less liabilities)2012-12-31$653,620
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$587,358
Assets. Value of participant loans2012-12-31$128,788
Total contributions received or receivable from employer(s)2012-12-31$22,881
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : MEDICAL SOCIETY EXCHANGE, INC. 401K 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$55,482
Expenses. Total of all expenses incurred2011-12-31$22,743
Benefits paid (including direct rollovers)2011-12-31$22,188
Total plan assets at end of year2011-12-31$587,358
Total plan assets at beginning of year2011-12-31$554,619
Value of fidelity bond covering the plan2011-12-31$250,000
Total contributions received or receivable from participants2011-12-31$38,891
Expenses. Other expenses not covered elsewhere2011-12-31$555
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-6,025
Net income (gross income less expenses)2011-12-31$32,739
Net plan assets at end of year (total assets less liabilities)2011-12-31$587,358
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$554,619
Assets. Value of participant loans2011-12-31$129,081
Total contributions received or receivable from employer(s)2011-12-31$22,616
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : MEDICAL SOCIETY EXCHANGE, INC. 401K 2010 401k financial data
Total income from all sources2010-12-31$96,787
Expenses. Total of all expenses incurred2010-12-31$147,917
Benefits paid (including direct rollovers)2010-12-31$147,531
Total plan assets at end of year2010-12-31$554,619
Total plan assets at beginning of year2010-12-31$605,749
Value of fidelity bond covering the plan2010-12-31$250,000
Total contributions received or receivable from participants2010-12-31$38,595
Expenses. Other expenses not covered elsewhere2010-12-31$386
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$35,241
Net income (gross income less expenses)2010-12-31$-51,130
Net plan assets at end of year (total assets less liabilities)2010-12-31$554,619
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$605,749
Assets. Value of participant loans2010-12-31$82,253
Total contributions received or receivable from employer(s)2010-12-31$22,951
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0

Form 5500 Responses for MEDICAL SOCIETY EXCHANGE, INC. 401K

2014: MEDICAL SOCIETY EXCHANGE, INC. 401K 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: MEDICAL SOCIETY EXCHANGE, INC. 401K 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: MEDICAL SOCIETY EXCHANGE, INC. 401K 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: MEDICAL SOCIETY EXCHANGE, INC. 401K 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-819721
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-819721
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-819721
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-819721
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-819721
Policy instance 1

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