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CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN 401k Plan overview

Plan NameCENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN
Plan identification number 002

CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 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

CENTER OF EXCELLENCE IN DIABETES AND ENDOCRINOLOGY has sponsored the creation of one or more 401k plans.

Company Name:CENTER OF EXCELLENCE IN DIABETES AND ENDOCRINOLOGY
Employer identification number (EIN):452666541
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022024-01-01GNANAGURUDASAN PRAKASAM, MD2024-07-11
0022023-01-01GNANAGURUDASAN PRAKASAM, MD2024-07-03
0022022-01-01GNANAGURUDASAN PRAKASAM, MD2023-07-20
0022021-01-01GNANAGURUDASAN PRAKASAM, MD2022-04-15
0022020-01-01GNANAGURUDASAN PRAKASAM, MD2021-07-20

Plan Statistics for CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN

401k plan membership statisitcs for CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN

Measure Date Value
2024: CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-1018
Total number of particpants at end of year2024-07-100
Number of Participants With Account Balances2024-07-100
Total number of particpants at beginning of year2024-07-0217
Total number of particpants at end of year2024-07-0216
Number of Participants With Account Balances2024-07-028

Financial Data on CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN

Measure Date Value
2024 : CENTER FOR EXCELLENCE IN DIABETES AND ENDOCRINOLOGY 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-10394444
Net assets as of the end of the plan year2024-07-100
Total assets as of the beginning of the plan year2024-07-10296700
Value of plan covered by a fidelity bond2024-07-1020000
Participant contributions to plan in this plan year2024-07-1054637
Other income to plan in this plan year2024-07-1032633
Plan net income in this plan year2024-07-10-296700
Net assets as of the end of the plan year2024-07-100
Net assets as of the beginning of the plan year2024-07-10296700
Employer contributions to plan in this plan year2024-07-1010474
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-102716
Total expenses incurred by plan in this plan year2024-07-021745
Net assets as of the end of the plan year2024-07-02296700
Total assets as of the beginning of the plan year2024-07-02149503
Value of plan covered by a fidelity bond2024-07-0220000
Participant contributions to plan in this plan year2024-07-0279591
Value of participant loans at end of plan year2024-07-022706
Other income to plan in this plan year2024-07-0241359
Plan net income in this plan year2024-07-02147197
Net assets as of the end of the plan year2024-07-02296700
Net assets as of the beginning of the plan year2024-07-02149503
Value of contributions failed to transmitted timely2024-07-027551
Employer contributions to plan in this plan year2024-07-0227992
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-021745

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