GASTROINTESTINAL ASSOCIATES, S.C. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GASTROINTESTINAL ASSOCIATES, S.C. CASH BALANCE PLAN
401k plan membership statisitcs for GASTROINTESTINAL ASSOCIATES, S.C. CASH BALANCE PLAN
| Measure | Date | Value |
|---|
| 2024: GASTROINTESTINAL ASSOCIATES, S.C. CASH BALANCE PLAN 2024 401k membership |
|---|
| Total number of particpants at beginning of year | 2024-06-03 | 113 |
| Total number of particpants at end of year | 2024-06-03 | 122 |
| 2022: GASTROINTESTINAL ASSOCIATES, S.C. CASH BALANCE PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 0 |
| Acturial value of plan assets | 2022-12-31 | 0 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
| Number of terminated vested participants | 2022-12-31 | 0 |
| Fundng target for terminated vested participants | 2022-12-31 | 0 |
| Active participant vested funding target | 2022-12-31 | 0 |
| Number of active participants | 2022-12-31 | 98 |
| Total funding liabilities for active participants | 2022-12-31 | 0 |
| Total participant count | 2022-12-31 | 98 |
| Total funding target for all participants | 2022-12-31 | 0 |
| 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 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| 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 | 1,174,000 |
| 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 | 1,133,586 |
| 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 | 833,240 |
| 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 | 833,240 |
| Additional cash requirement | 2022-12-31 | 833,240 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 1,133,586 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Measure | Date | Value |
|---|
| 2024 : GASTROINTESTINAL ASSOCIATES, S.C. CASH BALANCE PLAN 2024 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2024-06-03 | 0 |
| Total expenses incurred by plan in this plan year | 2024-06-03 | 3432 |
| Net assets as of the end of the plan year | 2024-06-03 | 2341550 |
| Total assets as of the beginning of the plan year | 2024-06-03 | 1156431 |
| Value of plan covered by a fidelity bond | 2024-06-03 | 1000000 |
| Other income to plan in this plan year | 2024-06-03 | 201764 |
| Plan net income in this plan year | 2024-06-03 | 1185119 |
| Net assets as of the end of the plan year | 2024-06-03 | 2341550 |
| Net assets as of the beginning of the plan year | 2024-06-03 | 1156431 |
| Employer contributions to plan in this plan year | 2024-06-03 | 986787 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-06-03 | 2561 |
| Total unrealized appreciation/depreciation of assets | 2024-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total income from all sources (including contributions) | 2024-01-01 | $1,235,034 |
| Total loss/gain on sale of assets | 2024-01-01 | $0 |
| Total of all expenses incurred | 2024-01-01 | $18,366 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-01 | $12,870 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2024-01-01 | $1,071,769 |
| Value of total assets at end of year | 2024-01-01 | $3,558,218 |
| Value of total assets at beginning of year | 2024-01-01 | $2,341,550 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-01 | $5,496 |
| Total interest from all sources | 2024-01-01 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2024-01-01 | $93,766 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2024-01-01 | $93,766 |
| Was this plan covered by a fidelity bond | 2024-01-01 | Yes |
| Value of fidelity bond cover | 2024-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2024-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2024-01-01 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Value of net income/loss | 2024-01-01 | $1,216,668 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-01 | $3,558,218 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-01 | $2,341,550 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2024-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2024-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2024-01-01 | No |
| Investment advisory and management fees | 2024-01-01 | $5,496 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2024-01-01 | $3,558,218 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2024-01-01 | $2,341,550 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2024-01-01 | $69,499 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2024-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2024-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2024-01-01 | No |
| Contributions received in cash from employer | 2024-01-01 | $1,071,769 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2024-01-01 | $12,870 |
| Did the plan have assets held for investment | 2024-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2024-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2024-01-01 | 1 |
| Accountancy firm name | 2024-01-01 | HAWKINS ASH CPAS, LLP |
| Accountancy firm EIN | 2024-01-01 | 390912608 |
