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ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN 401k Plan overview

Plan NameORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN
Plan identification number 001

ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

ORTHOPEDIC ASSOCIATES, LTD. has sponsored the creation of one or more 401k plans.

Company Name:ORTHOPEDIC ASSOCIATES, LTD.
Employer identification number (EIN):541093643
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01ANGIE GUZMAN
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01RAMON ESTEBAN2016-07-25
0012014-01-01JACK OTTENI2015-09-04
0012013-01-01JACK F OTTENI2014-07-16
0012012-01-01KENNETH A. BOATRIGHT, M.D.2013-03-23
0012011-01-01KENNETH A. BOATRIGHT, M.D.2012-03-19
0012010-01-01KENNETH A. BOATRIGHT, M.D.2011-03-30

Plan Statistics for ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN

401k plan membership statisitcs for ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN

Measure Date Value
2024: ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-2747
Total number of particpants at end of year2024-07-2753
Number of Participants With Account Balances2024-07-2753
2022: ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-07-2541
Total number of particpants at end of year2022-07-2541
Number of Participants With Account Balances2022-07-2541

Financial Data on ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN

Measure Date Value
2024 : ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-270
Total liabilities as of the end of the plan year2024-07-270
Total liabilities as of the beginning of the plan year2024-07-270
Total expenses incurred by plan in this plan year2024-07-2725997
Net assets as of the end of the plan year2024-07-279125937
Total assets as of the beginning of the plan year2024-07-277377062
Value of plan covered by a fidelity bond2024-07-27500000
Participant contributions to plan in this plan year2024-07-27204297
Value of participant loans at end of plan year2024-07-278427
Other expenses paid from plan in this plan year2024-07-271751
Other contributions to plan in this plan year2024-07-270
Other income to plan in this plan year2024-07-271263346
Plan net income in this plan year2024-07-271748875
Net assets as of the end of the plan year2024-07-279125937
Net assets as of the beginning of the plan year2024-07-277377062
Employer contributions to plan in this plan year2024-07-27307229
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-270
2022 : ORTHOPEDIC ASSOCIATES, LTD. PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-250
Total liabilities as of the end of the plan year2022-07-250
Total liabilities as of the beginning of the plan year2022-07-250
Total expenses incurred by plan in this plan year2022-07-253248
Net assets as of the end of the plan year2022-07-258377113
Total assets as of the beginning of the plan year2022-07-257042413
Value of plan covered by a fidelity bond2022-07-25500000
Participant contributions to plan in this plan year2022-07-25159283
Value of participant loans at end of plan year2022-07-252774
Other expenses paid from plan in this plan year2022-07-25955
Other contributions to plan in this plan year2022-07-2522956
Other income to plan in this plan year2022-07-25933992
Plan net income in this plan year2022-07-251334700
Net assets as of the end of the plan year2022-07-258377113
Net assets as of the beginning of the plan year2022-07-257042413
Employer contributions to plan in this plan year2022-07-25221717
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-250

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