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401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. 401k Plan overview

Plan Name401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A.
Plan identification number 002

401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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).
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. has sponsored the creation of one or more 401k plans.

Company Name:PATHOLOGY ASSOCIATES OF GREENVILLE, P.A.
Employer identification number (EIN):571122647
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022016-01-01
0022015-01-01MERI GUERRY2016-08-01
0022014-01-01PHILIP VANHALE2015-09-22
0022014-01-01DAVID P. SCHAMMEL, M.D.2015-04-16
0022013-01-01PHILIP VANHALE2014-07-18
0022012-01-01LAWRENCE J. MINETTE, MD2013-07-17
0022011-01-01LAWRENCE J. MINETTE, MD2012-07-25
0022010-01-01LAWRENCE J. MINETTE, MD2011-06-15

Plan Statistics for 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A.

401k plan membership statisitcs for 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A.

Measure Date Value
2017: 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. 2017 401k membership
Total participants, beginning-of-year2017-01-01116
Total number of active participants reported on line 7a of the Form 55002017-01-0120
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-011
Total of all active and inactive participants2017-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0121
Number of participants with account balances2017-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. 2016 401k membership
Total participants, beginning-of-year2016-01-01122
Total number of active participants reported on line 7a of the Form 55002016-01-0198
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0118
Total of all active and inactive participants2016-01-01116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-01103
Total participants2016-01-01219
Number of participants with account balances2016-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-015

Financial Data on 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A.

Measure Date Value
2017 : 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$2,095,443
Total unrealized appreciation/depreciation of assets2017-12-31$2,095,443
Total transfer of assets from this plan2017-12-31$5,365,500
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$11,745
Total income from all sources (including contributions)2017-12-31$4,965,698
Total loss/gain on sale of assets2017-12-31$600,707
Total of all expenses incurred2017-12-31$1,742,368
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,628,881
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,051,284
Value of total assets at end of year2017-12-31$22,428,811
Value of total assets at beginning of year2017-12-31$24,582,726
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$113,487
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$1,218,264
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$1,178,332
Assets. Real estate other than employer real property at end of year2017-12-31$0
Assets. Real estate other than employer real property at beginning of year2017-12-31$3,024,405
Administrative expenses professional fees incurred2017-12-31$11,649
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$489,627
Participant contributions at end of year2017-12-31$0
Participant contributions at beginning of year2017-12-31$0
Participant contributions at end of year2017-12-31$16,875
Participant contributions at beginning of year2017-12-31$22,822
Assets. Other investments not covered elsewhere at end of year2017-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$1,632
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$952
Assets. Loans (other than to participants) at end of year2017-12-31$0
Assets. Loans (other than to participants) at beginning of year2017-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$7,541
Administrative expenses (other) incurred2017-12-31$1,676
Liabilities. Value of operating payables at end of year2017-12-31$0
Liabilities. Value of operating payables at beginning of year2017-12-31$4,194
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$18,214
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$3,223,330
Value of net assets at end of year (total assets less liabilities)2017-12-31$22,428,811
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$24,570,981
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Assets. partnership/joint venture interests at end of year2017-12-31$0
Assets. partnership/joint venture interests at beginning of year2017-12-31$25,394
Investment advisory and management fees2017-12-31$57,302
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$19,523,365
Value of interest in master investment trust accounts at end of year2017-12-31$19,834,220
Value of interest in master investment trust accounts at beginning of year2017-12-31$0
Value of interest in common/collective trusts at end of year2017-12-31$2,231,576
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$570,414
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$570,414
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$560,025
Employer contributions (assets) at end of year2017-12-31$346,140
Employer contributions (assets) at beginning of year2017-12-31$417,354
Income. Dividends from common stock2017-12-31$39,932
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,628,881
Contract administrator fees2017-12-31$42,860
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$979,806
Liabilities. Value of benefit claims payable at end of year2017-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$10
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31Yes
Aggregate proceeds on sale of assets2017-12-31$7,284,443
Aggregate carrying amount (costs) on sale of assets2017-12-31$6,683,736
Liabilities. Value of acquisition indebtedness at end of year2017-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31POPE,SMITH BROWN & KING, P.A.
Accountancy firm EIN2017-12-31570839686
2016 : 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$105,713
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$105,713
Total unrealized appreciation/depreciation of assets2016-12-31$105,713
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$11,745
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$14,424
Total income from all sources (including contributions)2016-12-31$2,389,143
Total loss/gain on sale of assets2016-12-31$18,753
Total of all expenses incurred2016-12-31$563,933
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$474,727
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,088,087
Value of total assets at end of year2016-12-31$24,582,726
Value of total assets at beginning of year2016-12-31$22,760,195
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$89,206
Total interest from all sources2016-12-31$232
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$913,277
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$886,619
Assets. Real estate other than employer real property at end of year2016-12-31$3,024,405
Assets. Real estate other than employer real property at beginning of year2016-12-31$3,139,996
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$428,634
Participant contributions at end of year2016-12-31$22,822
Participant contributions at beginning of year2016-12-31$22,450
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$21,060
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$952
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$7,541
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$11,503
Other income not declared elsewhere2016-12-31$-34,981
Administrative expenses (other) incurred2016-12-31$27,686
Liabilities. Value of operating payables at end of year2016-12-31$4,194
Liabilities. Value of operating payables at beginning of year2016-12-31$2,921
Total non interest bearing cash at end of year2016-12-31$18,214
Total non interest bearing cash at beginning of year2016-12-31$6,396
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,825,210
Value of net assets at end of year (total assets less liabilities)2016-12-31$24,570,981
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$22,745,771
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$25,394
Assets. partnership/joint venture interests at beginning of year2016-12-31$0
Investment advisory and management fees2016-12-31$61,520
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$19,523,365
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$18,363,637
Value of interest in common/collective trusts at end of year2016-12-31$3,024,405
Value of interest in common/collective trusts at beginning of year2016-12-31$3,139,996
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$570,414
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$241,789
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$241,789
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$232
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$261,032
Net investment gain or loss from common/collective trusts2016-12-31$37,030
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$638,393
Employer contributions (assets) at end of year2016-12-31$417,354
Employer contributions (assets) at beginning of year2016-12-31$446,838
Income. Dividends from common stock2016-12-31$26,658
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$474,727
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$979,806
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$539,089
Liabilities. Value of benefit claims payable at end of year2016-12-31$10
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$409,056
Aggregate carrying amount (costs) on sale of assets2016-12-31$390,303
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31POPE, SMITH, BROWN & KING, P.A.
Accountancy firm EIN2016-12-31570839686

Form 5500 Responses for 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A.

2017: 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: 401(K) PROFIT-SHARING PLAN AND TRUST OF PATHOLOGY ASSOCIATES OF GREENVILLE, P.A. 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedYes
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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