PREMIER MEDICAL CARE, P.C. has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2025: 2025 401k membership |
|---|
| Total number of particpants at beginning of year | 2025-01-16 | 22 |
| Total number of particpants at end of year | 2025-01-16 | 0 |
| 2024: 2024 401k membership |
|---|
| Total number of particpants at beginning of year | 2024-06-04 | 25 |
| Total number of particpants at end of year | 2024-06-04 | 22 |
| 2022: 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 2,916,857 |
| Acturial value of plan assets | 2022-12-31 | 2,916,857 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
| Number of terminated vested participants | 2022-12-31 | 6 |
| Fundng target for terminated vested participants | 2022-12-31 | 506,533 |
| Active participant vested funding target | 2022-12-31 | 1,856,358 |
| Number of active participants | 2022-12-31 | 19 |
| Total funding liabilities for active participants | 2022-12-31 | 1,856,358 |
| Total participant count | 2022-12-31 | 25 |
| Total funding target for all participants | 2022-12-31 | 2,362,891 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
| Amount remaining of carryover balance | 2022-12-31 | 0 |
| Amount remaining of prefunding balance | 2022-12-31 | 0 |
| Present value of excess contributions | 2022-12-31 | 901,824 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 901,824 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
| Total employer contributions | 2022-12-31 | 1,011,646 |
| Total employee contributions | 2022-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 1,054,609 |
| Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 668,704 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
| Waiver amortization installment | 2022-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 114,738 |
| Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
| Additional cash requirement | 2022-12-31 | 114,738 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 1,054,609 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Total number of particpants at beginning of year | 2022-10-07 | 28 |
| Total number of particpants at end of year | 2022-10-07 | 26 |
| 2021: 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 2,391,062 |
| Acturial value of plan assets | 2021-12-31 | 2,391,062 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 0 |
| Number of terminated vested participants | 2021-12-31 | 5 |
| Fundng target for terminated vested participants | 2021-12-31 | 324,380 |
| Active participant vested funding target | 2021-12-31 | 1,568,215 |
| Number of active participants | 2021-12-31 | 21 |
| Total funding liabilities for active participants | 2021-12-31 | 1,568,215 |
| Total participant count | 2021-12-31 | 26 |
| Total funding target for all participants | 2021-12-31 | 1,892,595 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
| Amount remaining of carryover balance | 2021-12-31 | 0 |
| Amount remaining of prefunding balance | 2021-12-31 | 0 |
| Present value of excess contributions | 2021-12-31 | 714,329 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 714,329 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 0 |
| Total employer contributions | 2021-12-31 | 1,152,000 |
| Total employee contributions | 2021-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 1,181,723 |
| Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 778,366 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
| Waiver amortization installment | 2021-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 279,899 |
| Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Additional cash requirement | 2021-12-31 | 279,899 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 1,181,723 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
| 2020: 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 1,214,039 |
| Acturial value of plan assets | 2020-12-31 | 1,214,039 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 0 |
| Number of terminated vested participants | 2020-12-31 | 4 |
| Fundng target for terminated vested participants | 2020-12-31 | 42,288 |
| Active participant vested funding target | 2020-12-31 | 860,702 |
| Number of active participants | 2020-12-31 | 24 |
| Total funding liabilities for active participants | 2020-12-31 | 860,702 |
| Total participant count | 2020-12-31 | 28 |
| Total funding target for all participants | 2020-12-31 | 902,990 |
| Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
| Amount remaining of carryover balance | 2020-12-31 | 0 |
| Amount remaining of prefunding balance | 2020-12-31 | 0 |
| Present value of excess contributions | 2020-12-31 | 351,236 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 351,236 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2020-12-31 | 0 |
| Total employer contributions | 2020-12-31 | 1,272,808 |
| Total employee contributions | 2020-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 1,308,864 |
| Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 905,584 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
| Waiver amortization installment | 2020-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 594,535 |
| Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
| Additional cash requirement | 2020-12-31 | 594,535 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 1,308,864 |
| Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
| 2019: 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 0 |
| Acturial value of plan assets | 2019-12-31 | 0 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 0 |
| Number of terminated vested participants | 2019-12-31 | 1 |
| Fundng target for terminated vested participants | 2019-12-31 | 0 |
| Active participant vested funding target | 2019-12-31 | 0 |
| Number of active participants | 2019-12-31 | 25 |
| Total funding liabilities for active participants | 2019-12-31 | 0 |
| Total participant count | 2019-12-31 | 26 |
| Total funding target for all participants | 2019-12-31 | 0 |
| Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
| Amount remaining of carryover balance | 2019-12-31 | 0 |
| Amount remaining of prefunding balance | 2019-12-31 | 0 |
| Present value of excess contributions | 2019-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 0 |
| Total employer contributions | 2019-12-31 | 1,201,019 |
| Total employee contributions | 2019-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 1,234,073 |
| Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2019-12-31 | 882,837 |
| Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
| Waiver amortization installment | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 882,837 |
| Additional cash requirement | 2019-12-31 | 882,837 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 1,234,073 |
| Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
| Measure | Date | Value |
|---|
| 2025 : 2025 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2025-01-16 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-01-16 | 0 |
| Total expenses incurred by plan in this plan year | 2025-01-16 | 4346447 |
| Net assets as of the end of the plan year | 2025-01-16 | 0 |
| Total assets as of the beginning of the plan year | 2025-01-16 | 4213247 |
| Value of plan covered by a fidelity bond | 2025-01-16 | 500000 |
| Participant contributions to plan in this plan year | 2025-01-16 | 0 |
| Other contributions to plan in this plan year | 2025-01-16 | 0 |
| Other income to plan in this plan year | 2025-01-16 | 133200 |
| Plan net income in this plan year | 2025-01-16 | -4213247 |
| Net assets as of the end of the plan year | 2025-01-16 | 0 |
| Net assets as of the beginning of the plan year | 2025-01-16 | 4213247 |
| Employer contributions to plan in this plan year | 2025-01-16 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-01-16 | 2082 |
| 2024 : 2024 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2024-06-04 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-06-04 | 0 |
| Total expenses incurred by plan in this plan year | 2024-06-04 | 628162 |
| Net assets as of the end of the plan year | 2024-06-04 | 4213247 |
| Total assets as of the beginning of the plan year | 2024-06-04 | 3972079 |
| Value of plan covered by a fidelity bond | 2024-06-04 | 500000 |
| Other income to plan in this plan year | 2024-06-04 | 173030 |
| Plan net income in this plan year | 2024-06-04 | 241168 |
| Net assets as of the end of the plan year | 2024-06-04 | 4213247 |
| Net assets as of the beginning of the plan year | 2024-06-04 | 3972079 |
| Employer contributions to plan in this plan year | 2024-06-04 | 696300 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-06-04 | 3292 |
| 2022 : 2022 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2022-10-07 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-10-07 | 0 |
| Total expenses incurred by plan in this plan year | 2022-10-07 | 97460 |
| Net assets as of the end of the plan year | 2022-10-07 | 3572977 |
| Total assets as of the beginning of the plan year | 2022-10-07 | 2520614 |
| Value of plan covered by a fidelity bond | 2022-10-07 | 500000 |
| Other income to plan in this plan year | 2022-10-07 | -2177 |
| Plan net income in this plan year | 2022-10-07 | 1052363 |
| Net assets as of the end of the plan year | 2022-10-07 | 3572977 |
| Net assets as of the beginning of the plan year | 2022-10-07 | 2520614 |
| Employer contributions to plan in this plan year | 2022-10-07 | 1152000 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-10-07 | 100 |