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ROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number 001

ROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

ROYAL OAK MEDICAL ASSOCIATES PC has sponsored the creation of one or more 401k plans.

Company Name:ROYAL OAK MEDICAL ASSOCIATES PC
Employer identification number (EIN):541580549
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHELSEA HAMMAN2024-09-30
0012022-01-01ROBERT VAN CLAMPITT2023-09-22
0012021-01-01JAMES MCGLOTHLIN2022-10-06
0012020-01-01JENNIFER JENNINGS2021-06-30
0012019-01-01CHELSEA HAMMAN2020-09-14
0012018-01-01EMILY BRALLEY2019-10-13
0012017-01-01DAVID PARKER2018-10-06
0012016-01-01DAVID PARKER2017-10-03
0012015-01-01
0012014-01-01DAVID PARKER2015-10-12
0012013-01-01DAVID PARKER2014-04-07
0012012-01-01DAVID PARKER2013-08-09
0012011-01-01DAVID PARKER2012-03-16
0012010-01-01DAVID PARKER2011-05-05

Financial Data on ROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2025 : ROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-11-2128293
Total expenses incurred by plan in this plan year2025-09-1134300
Net assets as of the end of the plan year2025-09-114211455
Total assets as of the beginning of the plan year2025-09-115541558
Value of plan covered by a fidelity bond2025-09-11500000
Participant contributions to plan in this plan year2025-09-1179316
Other income to plan in this plan year2025-09-11723240
Plan net income in this plan year2025-09-11798190
Net assets as of the end of the plan year2025-09-114211455
Net assets as of the beginning of the plan year2025-09-115541558
Employer contributions to plan in this plan year2025-09-1129934
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-117328
2024 : ROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-3067206
Net assets as of the end of the plan year2024-09-305541558
Total assets as of the beginning of the plan year2024-09-304710698
Value of plan covered by a fidelity bond2024-09-30500000
Participant contributions to plan in this plan year2024-09-30132590
Value of participant loans at end of plan year2024-09-303663
Other income to plan in this plan year2024-09-30710820
Plan net income in this plan year2024-09-30830860
Net assets as of the end of the plan year2024-09-305541558
Net assets as of the beginning of the plan year2024-09-304710698
Employer contributions to plan in this plan year2024-09-3054656
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-3022060
2022 : ROYAL OAK MEDICAL ASSOCIATES PC 401(K) PROFIT SHARING PLAN AND TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-06386558
Net assets as of the end of the plan year2022-10-065180626
Total assets as of the beginning of the plan year2022-10-064572233
Value of plan covered by a fidelity bond2022-10-06500000
Participant contributions to plan in this plan year2022-10-06109957
Value of participant loans at end of plan year2022-10-062059
Other income to plan in this plan year2022-10-06834895
Plan net income in this plan year2022-10-06608393
Net assets as of the end of the plan year2022-10-065180626
Net assets as of the beginning of the plan year2022-10-064572233
Employer contributions to plan in this plan year2022-10-0650099
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-0621549

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