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SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC CASH BALANCE PLAN 401k Plan overview

Plan NameSPORTS MEDICINE SURGICAL SPECIALISTS, PLLC CASH BALANCE PLAN
Plan identification number 002

SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC has sponsored the creation of one or more 401k plans.

Company Name:SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC
Employer identification number (EIN):471442748
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022024-01-01ANTHONY WARREN2024-07-30
0022023-01-01ANTHONY WARREN2024-07-24
0022022-01-01ANTHONY WARREN2023-10-13
0022021-01-01ANTHONY WARREN2022-10-12
0022020-01-01ADAM WARREN2021-10-15
0022019-01-01ADAM WARREN2020-10-14
0022018-01-01KEITH MYRICK2019-10-14
0022017-01-01KEITH MYRICK2018-10-08
0022016-01-01KEITH MYRICK2017-10-09

Financial Data on SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC CASH BALANCE PLAN

Measure Date Value
2024 : SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-301332994
Net assets as of the end of the plan year2024-07-300
Total assets as of the beginning of the plan year2024-07-301309426
Value of plan covered by a fidelity bond2024-07-30100000
Other income to plan in this plan year2024-07-3023568
Plan net income in this plan year2024-07-30-1309426
Net assets as of the end of the plan year2024-07-300
Net assets as of the beginning of the plan year2024-07-301309426
Total expenses incurred by plan in this plan year2024-07-240
Net assets as of the end of the plan year2024-07-241309426
Total assets as of the beginning of the plan year2024-07-241241061
Value of plan covered by a fidelity bond2024-07-24100000
Other income to plan in this plan year2024-07-2466309
Plan net income in this plan year2024-07-2468365
Net assets as of the end of the plan year2024-07-241309426
Net assets as of the beginning of the plan year2024-07-241241061
Employer contributions to plan in this plan year2024-07-242056
2022 : SPORTS MEDICINE SURGICAL SPECIALISTS, PLLC CASH BALANCE PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-120
Net assets as of the end of the plan year2022-10-12793986
Total assets as of the beginning of the plan year2022-10-12642702
Value of plan covered by a fidelity bond2022-10-12100000
Other income to plan in this plan year2022-10-1265066
Plan net income in this plan year2022-10-12151284
Net assets as of the end of the plan year2022-10-12793986
Net assets as of the beginning of the plan year2022-10-12642702
Employer contributions to plan in this plan year2022-10-1286218

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