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CAROLINA VASCULAR CENTER CASH BALANCE PLAN 401k Plan overview

Plan NameCAROLINA VASCULAR CENTER CASH BALANCE PLAN
Plan identification number 002

CAROLINA VASCULAR CENTER CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • 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

CAROLINA VASCULAR CENTER has sponsored the creation of one or more 401k plans.

Company Name:CAROLINA VASCULAR CENTER
Employer identification number (EIN):462494175
NAIC Classification:621399
NAIC Description:Offices of All Other Miscellaneous Health Practitioners

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CAROLINA VASCULAR CENTER CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01NICHOLE MARINO2022-06-13
0022020-01-01NICHOLE FESTA2021-06-08
0022020-01-01NICHOLE FESTA2021-05-06
0022019-01-01NICHOLE FESTA2020-09-24

Financial Data on CAROLINA VASCULAR CENTER CASH BALANCE PLAN

Measure Date Value
2025 : CAROLINA VASCULAR CENTER CASH BALANCE PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-02-2575798
Net assets as of the end of the plan year2025-02-251699811
Total assets as of the beginning of the plan year2025-02-251360666
Value of plan covered by a fidelity bond2025-02-25170000
Other contributions to plan in this plan year2025-02-25164943
Plan net income in this plan year2025-02-25339145
Net assets as of the end of the plan year2025-02-251699811
Net assets as of the beginning of the plan year2025-02-251360666
Employer contributions to plan in this plan year2025-02-25250000
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-2519110
2024 : CAROLINA VASCULAR CENTER CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-08-1019462
Net assets as of the end of the plan year2024-08-101360666
Total assets as of the beginning of the plan year2024-08-101018934
Value of plan covered by a fidelity bond2024-08-10150000
Other income to plan in this plan year2024-08-1026696
Plan net income in this plan year2024-08-10341732
Net assets as of the end of the plan year2024-08-101360666
Net assets as of the beginning of the plan year2024-08-101018934
Employer contributions to plan in this plan year2024-08-10334498
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-1019462
2022 : CAROLINA VASCULAR CENTER CASH BALANCE PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-130
Net assets as of the end of the plan year2022-06-13807377
Total assets as of the beginning of the plan year2022-06-13518124
Value of plan covered by a fidelity bond2022-06-1390000
Other income to plan in this plan year2022-06-1333696
Plan net income in this plan year2022-06-13289253
Net assets as of the end of the plan year2022-06-13807377
Net assets as of the beginning of the plan year2022-06-13518124
Employer contributions to plan in this plan year2022-06-13255557

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