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EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC 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.
  • 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

WOUND CARE ADVANTAGE, LLC has sponsored the creation of one or more 401k plans.

Company Name:WOUND CARE ADVANTAGE, LLC
Employer identification number (EIN):412070536
NAIC Classification:622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RYLAN SMITH2024-09-23
0012022-01-01RYLAN SMITH2023-08-28
0012021-01-01RYLAN SMITH2022-07-07
0012020-01-01RYLAN SMITH2021-07-12
0012019-01-01RYLAN SMITH2020-07-31
0012018-01-01RYLAN SMITH2019-05-08
0012017-01-01RYLAN SMITH2018-07-23 RYLAN SMITH2018-07-23
0012016-01-01RYLAN SMITH2017-06-29 RYLAN SMITH2017-06-29
0012015-01-01RYLAN SMITH2016-07-13 RYLAN SMITH2016-07-13
0012014-01-01RYLAN SMITH2015-07-28 RYLAN SMITH2015-07-28
0012013-01-01RYLAN SMITH2014-06-23 RYLAN SMITH2014-06-23

Plan Statistics for EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC 2025 401k membership
Total number of particpants at beginning of year2025-10-1068
Total number of particpants at end of year2025-10-1070
Number of Participants With Account Balances2025-10-1066
2024: EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC 2024 401k membership
Total number of particpants at beginning of year2024-09-2370
Total number of particpants at end of year2024-09-2368
Number of Participants With Account Balances2024-09-2366

Financial Data on EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-100
Total liabilities as of the end of the plan year2025-10-100
Total liabilities as of the beginning of the plan year2025-10-100
Total expenses incurred by plan in this plan year2025-10-1063856
Net assets as of the end of the plan year2025-10-101800035
Total assets as of the beginning of the plan year2025-10-101356042
Value of plan covered by a fidelity bond2025-10-10125000
Participant contributions to plan in this plan year2025-10-10213739
Value of participant loans at end of plan year2025-10-103665
Other expenses paid from plan in this plan year2025-10-100
Other contributions to plan in this plan year2025-10-10100495
Other income to plan in this plan year2025-10-10193615
Plan net income in this plan year2025-10-10443993
Net assets as of the end of the plan year2025-10-101800035
Net assets as of the beginning of the plan year2025-10-101356042
Employer contributions to plan in this plan year2025-10-100
Fees paid to broker by Benefit Provider2025-10-1085
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-10152
2024 : EMPLOYEE BENEFIT PLAN OF WOUND CARE ADVANTAGE, LLC 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-230
Total liabilities as of the end of the plan year2024-09-230
Total liabilities as of the beginning of the plan year2024-09-230
Total expenses incurred by plan in this plan year2024-09-2391419
Net assets as of the end of the plan year2024-09-231356042
Total assets as of the beginning of the plan year2024-09-231079997
Value of plan covered by a fidelity bond2024-09-23125000
Participant contributions to plan in this plan year2024-09-23163094
Value of participant loans at end of plan year2024-09-239003
Other expenses paid from plan in this plan year2024-09-230
Other contributions to plan in this plan year2024-09-2316747
Other income to plan in this plan year2024-09-23187623
Plan net income in this plan year2024-09-23276045
Net assets as of the end of the plan year2024-09-231356042
Net assets as of the beginning of the plan year2024-09-231079997
Employer contributions to plan in this plan year2024-09-230
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-2362

Potentially related plans

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