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PRIMARY HEALTH ASSOCIATES, P.C. 401(K) PLAN 401k Plan overview

Plan NamePRIMARY HEALTH ASSOCIATES, P.C. 401(K) PLAN
Plan identification number 001

PRIMARY HEALTH ASSOCIATES, P.C. 401(K) 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
  • 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

PRIMARY HEALTH ASSOCIATES, P.C. has sponsored the creation of one or more 401k plans.

Company Name:PRIMARY HEALTH ASSOCIATES, P.C.
Employer identification number (EIN):364160635
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIMARY HEALTH ASSOCIATES, P.C. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JAMES TESS2023-10-13
0012021-01-01JAMES TESS2022-07-24
0012020-01-01DAVID DOHSE2021-03-24
0012019-01-01DAVID DOHSE2020-04-26 DAVID DOHSE2020-04-26
0012018-01-01DAVID DOHSE2019-06-28 DAVID DOHSE2019-06-28
0012017-01-01DAVID DOHSE2018-09-26 DAVID DOHSE2018-09-26
0012016-01-01DAVID A DOHSE2017-04-27 DAVID A DOHSE2017-04-27
0012015-01-01DAVID DOHSE2016-07-06 DAVID DOHSE2016-07-06
0012014-01-01DAVID DOHSE2015-06-21 DAVID DOHSE2015-06-21
0012013-01-01DAVID A. DOHSE2014-05-28 DAVID A. DOHSE2014-05-28
0012012-01-01DAVID DOHSE2013-09-05 DAVID DOHSE2013-09-05
0012011-01-01DAVID DOHSE2012-10-02 DAVID DOHSE2012-10-02

Financial Data on PRIMARY HEALTH ASSOCIATES, P.C. 401(K) PLAN

Measure Date Value
2010 : PRIMARY HEALTH ASSOCIATES, P.C. 401(K) 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$964
Total income from all sources (including contributions)2010-12-31$898,649
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$2,299,034
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,270,168
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$316,393
Value of total assets at end of year2010-12-31$5,061,669
Value of total assets at beginning of year2010-12-31$6,463,018
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$28,866
Total interest from all sources2010-12-31$4,738
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$65,051
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$65,051
Administrative expenses professional fees incurred2010-12-31$3,850
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$207,498
Participant contributions at end of year2010-12-31$79,994
Participant contributions at beginning of year2010-12-31$176,395
Participant contributions at end of year2010-12-31$8,265
Participant contributions at beginning of year2010-12-31$20,991
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$391
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$8
Liabilities. Value of operating payables at beginning of year2010-12-31$956
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-1,400,385
Value of net assets at end of year (total assets less liabilities)2010-12-31$5,061,669
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$6,462,054
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
Investment advisory and management fees2010-12-31$20,950
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$4,202,335
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,117,396
Interest on participant loans2010-12-31$4,281
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$694,995
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$641,152
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$641,152
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$457
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$102,543
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$512,467
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 contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$108,895
Employer contributions (assets) at end of year2010-12-31$75,689
Employer contributions (assets) at beginning of year2010-12-31$399,663
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,270,168
Contract administrator fees2010-12-31$4,066
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$4,878
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)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31WELTMAN BERNFIELD LLC
Accountancy firm EIN2010-12-31364119553

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number6995172,8384876
Policy instance 1
Insurance contract or identification number6995172,8384876
Number of Individuals Covered0
Insurance policy start date2010-01-01
Insurance policy end date2010-07-14
Total amount of commissions paid to insurance brokerUSD $67
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Life Insurance Welfare BenefitYes

Potentially related plans

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