MEDICAL COMPANY, INC FKA O.R. SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN
401k plan membership statisitcs for SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN
Measure | Date | Value |
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2022: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2022 401k membership |
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Total participants, beginning-of-year | 2022-01-01 | 70 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 62 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 12 |
Total of all active and inactive participants | 2022-01-01 | 74 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 1 |
Total participants | 2022-01-01 | 75 |
Number of participants with account balances | 2022-01-01 | 74 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2021 401k membership |
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Total participants, beginning-of-year | 2021-01-01 | 72 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 58 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 11 |
Total of all active and inactive participants | 2021-01-01 | 69 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 1 |
Total participants | 2021-01-01 | 70 |
Number of participants with account balances | 2021-01-01 | 58 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2020 401k membership |
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Total participants, beginning-of-year | 2020-01-01 | 83 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 60 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 11 |
Total of all active and inactive participants | 2020-01-01 | 71 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 1 |
Total participants | 2020-01-01 | 72 |
Number of participants with account balances | 2020-01-01 | 57 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2019: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2019 401k membership |
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Total participants, beginning-of-year | 2019-01-01 | 75 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 66 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 16 |
Total of all active and inactive participants | 2019-01-01 | 82 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 1 |
Total participants | 2019-01-01 | 83 |
Number of participants with account balances | 2019-01-01 | 65 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
2018: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2018 401k membership |
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Total participants, beginning-of-year | 2018-01-01 | 76 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 57 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 17 |
Total of all active and inactive participants | 2018-01-01 | 74 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 1 |
Total participants | 2018-01-01 | 75 |
Number of participants with account balances | 2018-01-01 | 64 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
2017: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2017 401k membership |
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Total participants, beginning-of-year | 2017-01-01 | 88 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 61 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 14 |
Total of all active and inactive participants | 2017-01-01 | 75 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 1 |
Total participants | 2017-01-01 | 76 |
Number of participants with account balances | 2017-01-01 | 66 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2016 401k membership |
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Total participants, beginning-of-year | 2016-01-01 | 82 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 77 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 10 |
Total of all active and inactive participants | 2016-01-01 | 87 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 1 |
Total participants | 2016-01-01 | 88 |
Number of participants with account balances | 2016-01-01 | 68 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2015 401k membership |
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Total participants, beginning-of-year | 2015-01-01 | 83 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 70 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 11 |
Total of all active and inactive participants | 2015-01-01 | 81 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 1 |
Total participants | 2015-01-01 | 82 |
Number of participants with account balances | 2015-01-01 | 77 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
2014: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2014 401k membership |
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Total participants, beginning-of-year | 2014-01-01 | 86 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 73 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 9 |
Total of all active and inactive participants | 2014-01-01 | 82 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 1 |
Total participants | 2014-01-01 | 83 |
Number of participants with account balances | 2014-01-01 | 73 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
2013: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2013 401k membership |
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Total participants, beginning-of-year | 2013-01-01 | 110 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 82 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 3 |
Total of all active and inactive participants | 2013-01-01 | 85 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 1 |
Total participants | 2013-01-01 | 86 |
Number of participants with account balances | 2013-01-01 | 73 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 0 |
2012: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2012 401k membership |
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Total participants, beginning-of-year | 2012-01-01 | 115 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 90 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 17 |
Total of all active and inactive participants | 2012-01-01 | 107 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 3 |
Total participants | 2012-01-01 | 110 |
Number of participants with account balances | 2012-01-01 | 95 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 0 |
2011: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2011 401k membership |
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Total participants, beginning-of-year | 2011-01-01 | 148 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 87 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 27 |
Total of all active and inactive participants | 2011-01-01 | 114 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 1 |
Total participants | 2011-01-01 | 115 |
Number of participants with account balances | 2011-01-01 | 97 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 8 |
2010: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2010 401k membership |
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Total participants, beginning-of-year | 2010-01-01 | 139 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 129 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 19 |
Total of all active and inactive participants | 2010-01-01 | 148 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 0 |
Total participants | 2010-01-01 | 148 |
Number of participants with account balances | 2010-01-01 | 107 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 7 |
2009: SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2009 401k membership |
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Total participants, beginning-of-year | 2009-01-01 | 113 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 128 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 11 |
Total of all active and inactive participants | 2009-01-01 | 139 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
Total participants | 2009-01-01 | 139 |
Number of participants with account balances | 2009-01-01 | 94 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 9 |
Measure | Date | Value |
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2022 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2022 401k financial data |
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Transfers to/from the plan | 2022-12-31 | $0 |
Total plan liabilities at end of year | 2022-12-31 | $0 |
Total plan liabilities at beginning of year | 2022-12-31 | $0 |
Total income from all sources | 2022-12-31 | $-670,067 |
Expenses. Total of all expenses incurred | 2022-12-31 | $331,618 |
Benefits paid (including direct rollovers) | 2022-12-31 | $330,981 |
Total plan assets at end of year | 2022-12-31 | $4,872,066 |
Total plan assets at beginning of year | 2022-12-31 | $5,873,751 |
Value of fidelity bond covering the plan | 2022-12-31 | $500,000 |
Total contributions received or receivable from participants | 2022-12-31 | $243,016 |
Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
Other income received | 2022-12-31 | $-1,028,768 |
Noncash contributions received | 2022-12-31 | $0 |
Net income (gross income less expenses) | 2022-12-31 | $-1,001,685 |
Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $4,872,066 |
Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,873,751 |
Assets. Value of participant loans | 2022-12-31 | $90,815 |
Total contributions received or receivable from employer(s) | 2022-12-31 | $115,685 |
Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
Value of corrective distributions | 2022-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $637 |
2021 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2021 401k financial data |
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Transfers to/from the plan | 2021-12-31 | $0 |
Total plan liabilities at end of year | 2021-12-31 | $0 |
Total plan liabilities at beginning of year | 2021-12-31 | $0 |
Total income from all sources | 2021-12-31 | $896,219 |
Expenses. Total of all expenses incurred | 2021-12-31 | $981,996 |
Benefits paid (including direct rollovers) | 2021-12-31 | $978,363 |
Total plan assets at end of year | 2021-12-31 | $5,873,751 |
Total plan assets at beginning of year | 2021-12-31 | $5,959,528 |
Value of fidelity bond covering the plan | 2021-12-31 | $500,000 |
Total contributions received or receivable from participants | 2021-12-31 | $220,925 |
Expenses. Other expenses not covered elsewhere | 2021-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2021-12-31 | $0 |
Other income received | 2021-12-31 | $550,615 |
Noncash contributions received | 2021-12-31 | $0 |
Net income (gross income less expenses) | 2021-12-31 | $-85,777 |
Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $5,873,751 |
Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $5,959,528 |
Assets. Value of participant loans | 2021-12-31 | $78,593 |
Total contributions received or receivable from employer(s) | 2021-12-31 | $124,679 |
Value of certain deemed distributions of participant loans | 2021-12-31 | $0 |
Value of corrective distributions | 2021-12-31 | $1,357 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $2,276 |
2020 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2020 401k financial data |
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Transfers to/from the plan | 2020-12-31 | $0 |
Total plan liabilities at end of year | 2020-12-31 | $0 |
Total plan liabilities at beginning of year | 2020-12-31 | $0 |
Total income from all sources | 2020-12-31 | $1,044,684 |
Expenses. Total of all expenses incurred | 2020-12-31 | $1,072,199 |
Benefits paid (including direct rollovers) | 2020-12-31 | $1,070,106 |
Total plan assets at end of year | 2020-12-31 | $5,959,528 |
Total plan assets at beginning of year | 2020-12-31 | $5,987,043 |
Value of fidelity bond covering the plan | 2020-12-31 | $500,000 |
Total contributions received or receivable from participants | 2020-12-31 | $240,216 |
Expenses. Other expenses not covered elsewhere | 2020-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2020-12-31 | $0 |
Other income received | 2020-12-31 | $692,469 |
Noncash contributions received | 2020-12-31 | $0 |
Net income (gross income less expenses) | 2020-12-31 | $-27,515 |
Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $5,959,528 |
Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $5,987,043 |
Assets. Value of participant loans | 2020-12-31 | $71,025 |
Total contributions received or receivable from employer(s) | 2020-12-31 | $111,999 |
Value of certain deemed distributions of participant loans | 2020-12-31 | $0 |
Value of corrective distributions | 2020-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $2,093 |
2019 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2019 401k financial data |
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Transfers to/from the plan | 2019-12-31 | $0 |
Total plan liabilities at end of year | 2019-12-31 | $0 |
Total plan liabilities at beginning of year | 2019-12-31 | $0 |
Total income from all sources | 2019-12-31 | $1,454,469 |
Expenses. Total of all expenses incurred | 2019-12-31 | $557,421 |
Benefits paid (including direct rollovers) | 2019-12-31 | $555,296 |
Total plan assets at end of year | 2019-12-31 | $5,987,043 |
Total plan assets at beginning of year | 2019-12-31 | $5,089,995 |
Value of fidelity bond covering the plan | 2019-12-31 | $500,000 |
Total contributions received or receivable from participants | 2019-12-31 | $272,163 |
Expenses. Other expenses not covered elsewhere | 2019-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2019-12-31 | $49,437 |
Other income received | 2019-12-31 | $1,027,730 |
Noncash contributions received | 2019-12-31 | $0 |
Net income (gross income less expenses) | 2019-12-31 | $897,048 |
Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $5,987,043 |
Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $5,089,995 |
Assets. Value of participant loans | 2019-12-31 | $116,379 |
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2019-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2019-12-31 | $105,139 |
Value of certain deemed distributions of participant loans | 2019-12-31 | $0 |
Value of corrective distributions | 2019-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2019-12-31 | $2,125 |
2018 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2018 401k financial data |
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Transfers to/from the plan | 2018-12-31 | $0 |
Total plan liabilities at end of year | 2018-12-31 | $0 |
Total plan liabilities at beginning of year | 2018-12-31 | $0 |
Total income from all sources | 2018-12-31 | $114,194 |
Expenses. Total of all expenses incurred | 2018-12-31 | $620,838 |
Benefits paid (including direct rollovers) | 2018-12-31 | $619,913 |
Total plan assets at end of year | 2018-12-31 | $5,089,995 |
Total plan assets at beginning of year | 2018-12-31 | $5,596,639 |
Value of fidelity bond covering the plan | 2018-12-31 | $500,000 |
Total contributions received or receivable from participants | 2018-12-31 | $268,831 |
Expenses. Other expenses not covered elsewhere | 2018-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2018-12-31 | $949 |
Other income received | 2018-12-31 | $-279,471 |
Noncash contributions received | 2018-12-31 | $0 |
Net income (gross income less expenses) | 2018-12-31 | $-506,644 |
Net plan assets at end of year (total assets less liabilities) | 2018-12-31 | $5,089,995 |
Net plan assets at beginning of year (total assets less liabilities) | 2018-12-31 | $5,596,639 |
Assets. Value of participant loans | 2018-12-31 | $108,014 |
Total contributions received or receivable from employer(s) | 2018-12-31 | $123,885 |
Value of certain deemed distributions of participant loans | 2018-12-31 | $0 |
Value of corrective distributions | 2018-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2018-12-31 | $925 |
2017 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2017 401k financial data |
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Transfers to/from the plan | 2017-12-31 | $0 |
Total plan liabilities at end of year | 2017-12-31 | $0 |
Total plan liabilities at beginning of year | 2017-12-31 | $0 |
Total income from all sources | 2017-12-31 | $1,189,640 |
Expenses. Total of all expenses incurred | 2017-12-31 | $271,404 |
Benefits paid (including direct rollovers) | 2017-12-31 | $269,154 |
Total plan assets at end of year | 2017-12-31 | $5,596,639 |
Total plan assets at beginning of year | 2017-12-31 | $4,678,403 |
Value of fidelity bond covering the plan | 2017-12-31 | $500,000 |
Total contributions received or receivable from participants | 2017-12-31 | $313,075 |
Expenses. Other expenses not covered elsewhere | 2017-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2017-12-31 | $474 |
Other income received | 2017-12-31 | $733,841 |
Noncash contributions received | 2017-12-31 | $0 |
Net income (gross income less expenses) | 2017-12-31 | $918,236 |
Net plan assets at end of year (total assets less liabilities) | 2017-12-31 | $5,596,639 |
Net plan assets at beginning of year (total assets less liabilities) | 2017-12-31 | $4,678,403 |
Assets. Value of participant loans | 2017-12-31 | $115,103 |
Total contributions received or receivable from employer(s) | 2017-12-31 | $142,250 |
Value of certain deemed distributions of participant loans | 2017-12-31 | $0 |
Value of corrective distributions | 2017-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2017-12-31 | $2,250 |
2016 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2016 401k financial data |
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Transfers to/from the plan | 2016-12-31 | $0 |
Total plan liabilities at end of year | 2016-12-31 | $0 |
Total plan liabilities at beginning of year | 2016-12-31 | $0 |
Total income from all sources | 2016-12-31 | $725,725 |
Expenses. Total of all expenses incurred | 2016-12-31 | $577,210 |
Benefits paid (including direct rollovers) | 2016-12-31 | $575,310 |
Total plan assets at end of year | 2016-12-31 | $4,678,403 |
Total plan assets at beginning of year | 2016-12-31 | $4,529,888 |
Value of fidelity bond covering the plan | 2016-12-31 | $500,000 |
Total contributions received or receivable from participants | 2016-12-31 | $294,919 |
Expenses. Other expenses not covered elsewhere | 2016-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2016-12-31 | $3,618 |
Other income received | 2016-12-31 | $278,471 |
Noncash contributions received | 2016-12-31 | $0 |
Net income (gross income less expenses) | 2016-12-31 | $148,515 |
Net plan assets at end of year (total assets less liabilities) | 2016-12-31 | $4,678,403 |
Net plan assets at beginning of year (total assets less liabilities) | 2016-12-31 | $4,529,888 |
Assets. Value of participant loans | 2016-12-31 | $107,252 |
Total contributions received or receivable from employer(s) | 2016-12-31 | $148,717 |
Value of certain deemed distributions of participant loans | 2016-12-31 | $0 |
Value of corrective distributions | 2016-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2016-12-31 | $1,900 |
2015 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2015 401k financial data |
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Transfers to/from the plan | 2015-12-31 | $0 |
Total plan liabilities at end of year | 2015-12-31 | $0 |
Total plan liabilities at beginning of year | 2015-12-31 | $0 |
Total income from all sources | 2015-12-31 | $575,276 |
Expenses. Total of all expenses incurred | 2015-12-31 | $312,780 |
Benefits paid (including direct rollovers) | 2015-12-31 | $310,130 |
Total plan assets at end of year | 2015-12-31 | $4,529,888 |
Total plan assets at beginning of year | 2015-12-31 | $4,267,392 |
Value of fidelity bond covering the plan | 2015-12-31 | $500,000 |
Total contributions received or receivable from participants | 2015-12-31 | $312,769 |
Expenses. Other expenses not covered elsewhere | 2015-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2015-12-31 | $93,541 |
Other income received | 2015-12-31 | $12,332 |
Noncash contributions received | 2015-12-31 | $0 |
Net income (gross income less expenses) | 2015-12-31 | $262,496 |
Net plan assets at end of year (total assets less liabilities) | 2015-12-31 | $4,529,888 |
Net plan assets at beginning of year (total assets less liabilities) | 2015-12-31 | $4,267,392 |
Assets. Value of participant loans | 2015-12-31 | $98,727 |
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2015-12-31 | $0 |
Total contributions received or receivable from employer(s) | 2015-12-31 | $156,634 |
Value of certain deemed distributions of participant loans | 2015-12-31 | $0 |
Value of corrective distributions | 2015-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2015-12-31 | $2,650 |
2014 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2014 401k financial data |
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Transfers to/from the plan | 2014-12-31 | $0 |
Total plan liabilities at end of year | 2014-12-31 | $0 |
Total plan liabilities at beginning of year | 2014-12-31 | $0 |
Total income from all sources | 2014-12-31 | $685,178 |
Expenses. Total of all expenses incurred | 2014-12-31 | $211,718 |
Benefits paid (including direct rollovers) | 2014-12-31 | $193,783 |
Total plan assets at end of year | 2014-12-31 | $4,267,392 |
Total plan assets at beginning of year | 2014-12-31 | $3,793,932 |
Value of fidelity bond covering the plan | 2014-12-31 | $400,000 |
Total contributions received or receivable from participants | 2014-12-31 | $279,591 |
Expenses. Other expenses not covered elsewhere | 2014-12-31 | $0 |
Contributions received from other sources (not participants or employers) | 2014-12-31 | $14,239 |
Other income received | 2014-12-31 | $234,637 |
Noncash contributions received | 2014-12-31 | $0 |
Net income (gross income less expenses) | 2014-12-31 | $473,460 |
Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $4,267,392 |
Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $3,793,932 |
Assets. Value of participant loans | 2014-12-31 | $95,886 |
Total contributions received or receivable from employer(s) | 2014-12-31 | $156,711 |
Value of certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of corrective distributions | 2014-12-31 | $0 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2014-12-31 | $17,935 |
2013 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2013 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2013-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total transfer of assets to this plan | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Expenses. Interest paid | 2013-12-31 | $0 |
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $1,066,201 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $716,651 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $684,788 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $0 |
Value of total corrective distributions | 2013-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $522,901 |
Value of total assets at end of year | 2013-12-31 | $3,793,932 |
Value of total assets at beginning of year | 2013-12-31 | $3,444,382 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $31,863 |
Total income from rents | 2013-12-31 | $0 |
Total interest from all sources | 2013-12-31 | $5,972 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $120,354 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $120,354 |
Assets. Real estate other than employer real property at end of year | 2013-12-31 | $0 |
Assets. Real estate other than employer real property at beginning of year | 2013-12-31 | $0 |
Administrative expenses professional fees incurred | 2013-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at end of year | 2013-12-31 | $0 |
Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2013-12-31 | $0 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $400,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $263,756 |
Participant contributions at end of year | 2013-12-31 | $94,640 |
Participant contributions at beginning of year | 2013-12-31 | $114,781 |
Participant contributions at end of year | 2013-12-31 | $0 |
Participant contributions at beginning of year | 2013-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $180,150 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $180,150 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $146,490 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $0 |
Assets. Loans (other than to participants) at end of year | 2013-12-31 | $0 |
Assets. Loans (other than to participants) at beginning of year | 2013-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $0 |
Other income not declared elsewhere | 2013-12-31 | $0 |
Administrative expenses (other) incurred | 2013-12-31 | $31,863 |
Liabilities. Value of operating payables at end of year | 2013-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $0 |
Total non interest bearing cash at end of year | 2013-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Income. Non cash contributions | 2013-12-31 | $0 |
Value of net income/loss | 2013-12-31 | $349,550 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $3,793,932 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $3,444,382 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Assets. partnership/joint venture interests at end of year | 2013-12-31 | $0 |
Assets. partnership/joint venture interests at beginning of year | 2013-12-31 | $0 |
Investment advisory and management fees | 2013-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $3,230,837 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $2,776,771 |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $0 |
Interest on participant loans | 2013-12-31 | $5,951 |
Income. Interest from loans (other than to participants) | 2013-12-31 | $0 |
Interest earned on other investments | 2013-12-31 | $0 |
Income. Interest from US Government securities | 2013-12-31 | $0 |
Income. Interest from corporate debt instruments | 2013-12-31 | $0 |
Value of interest in master investment trust accounts at end of year | 2013-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $125,650 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $204,483 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $204,483 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $21 |
Assets. Value of investments in 103.12 investment entities at end of year | 2013-12-31 | $0 |
Assets. Value of investments in 103.12 investment entities at beginning of year | 2013-12-31 | $0 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $0 |
Asset value of US Government securities at end of year | 2013-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2013-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $416,974 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $0 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $0 |
Net gain/loss from 103.12 investment entities | 2013-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Assets. Invements in employer securities at end of year | 2013-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2013-12-31 | $0 |
Assets. Value of employer real property at end of year | 2013-12-31 | $0 |
Assets. Value of employer real property at beginning of year | 2013-12-31 | $0 |
Contributions received in cash from employer | 2013-12-31 | $112,655 |
Employer contributions (assets) at end of year | 2013-12-31 | $162,655 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $168,197 |
Income. Dividends from preferred stock | 2013-12-31 | $0 |
Income. Dividends from common stock | 2013-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $684,788 |
Asset. Corporate debt instrument preferred debt at end of year | 2013-12-31 | $0 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2013-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at end of year | 2013-12-31 | $0 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2013-12-31 | $0 |
Contract administrator fees | 2013-12-31 | $0 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | No |
Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $0 |
Liabilities. Value of benefit claims payable at end of year | 2013-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at end of year | 2013-12-31 | $0 |
Assets. Value of buildings and other operty used in plan operation at beginning of year | 2013-12-31 | $0 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Aggregate proceeds on sale of assets | 2013-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at end of year | 2013-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2013-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | CHERRY BEKAERT LLP |
Accountancy firm EIN | 2013-12-31 | 560574444 |
2012 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $-27,909 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $-27,909 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $799,050 |
Total of all expenses incurred | 2012-12-31 | $528,323 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $517,379 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $508,062 |
Value of total assets at end of year | 2012-12-31 | $3,444,382 |
Value of total assets at beginning of year | 2012-12-31 | $3,173,655 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $10,944 |
Total interest from all sources | 2012-12-31 | $4,600 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $67,012 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $67,012 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $400,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $282,212 |
Participant contributions at end of year | 2012-12-31 | $114,781 |
Participant contributions at beginning of year | 2012-12-31 | $73,830 |
Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $180,150 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $208,059 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $57,653 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $8 |
Other income not declared elsewhere | 2012-12-31 | $-8 |
Administrative expenses (other) incurred | 2012-12-31 | $10,944 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $270,727 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $3,444,382 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $3,173,655 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $2,776,771 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $2,393,219 |
Interest on participant loans | 2012-12-31 | $4,579 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $204,483 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $289,423 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $289,423 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $21 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $247,293 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $168,197 |
Employer contributions (assets) at end of year | 2012-12-31 | $168,197 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $209,116 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $517,379 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | No |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | CHERRY BEKAERT LLP |
Accountancy firm EIN | 2012-12-31 | 560574444 |
2011 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2011 401k financial data |
---|
Total income from all sources (including contributions) | 2011-12-31 | $461,083 |
Total of all expenses incurred | 2011-12-31 | $596,051 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $584,172 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $637,980 |
Value of total assets at end of year | 2011-12-31 | $3,173,655 |
Value of total assets at beginning of year | 2011-12-31 | $3,308,623 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $11,879 |
Total interest from all sources | 2011-12-31 | $4,441 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $75,357 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $75,357 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $400,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $411,762 |
Participant contributions at end of year | 2011-12-31 | $73,830 |
Participant contributions at beginning of year | 2011-12-31 | $98,814 |
Participant contributions at end of year | 2011-12-31 | $0 |
Participant contributions at beginning of year | 2011-12-31 | $10,544 |
Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $208,059 |
Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $330,640 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $17,102 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $8 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $0 |
Other income not declared elsewhere | 2011-12-31 | $-122,581 |
Administrative expenses (other) incurred | 2011-12-31 | $11,879 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-134,968 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $3,173,655 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $3,308,623 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $2,393,219 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $2,219,463 |
Interest on participant loans | 2011-12-31 | $4,406 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $289,423 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $390,078 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $390,078 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $35 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-134,114 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $209,116 |
Employer contributions (assets) at end of year | 2011-12-31 | $209,116 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $259,084 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $584,172 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | CHERRY, BEKAERT, & HOLLAND, L.L.P. |
Accountancy firm EIN | 2011-12-31 | 560574444 |
2010 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2010 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $1,000,724 |
Total of all expenses incurred | 2010-12-31 | $259,483 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $256,628 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $730,086 |
Value of total assets at end of year | 2010-12-31 | $3,308,623 |
Value of total assets at beginning of year | 2010-12-31 | $2,567,382 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $2,855 |
Total interest from all sources | 2010-12-31 | $4,020 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $47,994 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $47,994 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $400,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $471,002 |
Participant contributions at end of year | 2010-12-31 | $98,814 |
Participant contributions at beginning of year | 2010-12-31 | $20,499 |
Participant contributions at end of year | 2010-12-31 | $10,544 |
Participant contributions at beginning of year | 2010-12-31 | $0 |
Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $330,640 |
Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $330,640 |
Administrative expenses (other) incurred | 2010-12-31 | $2,855 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $741,241 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $3,308,623 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,567,382 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $2,219,463 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,541,352 |
Interest on participant loans | 2010-12-31 | $3,958 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $390,078 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $439,431 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $439,431 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $62 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $218,624 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $259,084 |
Employer contributions (assets) at end of year | 2010-12-31 | $259,084 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $235,460 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $256,628 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | CHERRY, BEKAERT & HOLLAND, LLP |
Accountancy firm EIN | 2010-12-31 | 560574444 |
2009 : SUMMIT MEDICAL, INC. PROFIT SHARING / 401(K) PLAN 2009 401k financial data |
---|
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |