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PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN 401k Plan overview

Plan NamePRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN
Plan identification number 003

PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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

PRIMARY CARE PHYSICIANS OF HOLLYWOOD, P.A. has sponsored the creation of one or more 401k plans.

Company Name:PRIMARY CARE PHYSICIANS OF HOLLYWOOD, P.A.
Employer identification number (EIN):591757296
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about PRIMARY CARE PHYSICIANS OF HOLLYWOOD, P.A.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1977-06-07
Company Identification Number: 536531
Legal Registered Office Address: 2721 EXECUTIVE PARK DRIVE

WESTON

33331

More information about PRIMARY CARE PHYSICIANS OF HOLLYWOOD, P.A.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032019-01-01
0032018-01-01
0032018-01-01

Plan Statistics for PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN

401k plan membership statisitcs for PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN

Measure Date Value
2019: PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01144
Total number of active participants reported on line 7a of the Form 55002019-01-0196
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-014
Total of all active and inactive participants2019-01-01100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01100
Number of participants with account balances2019-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01138
Total number of active participants reported on line 7a of the Form 55002018-01-01143
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-011
Total of all active and inactive participants2018-01-01144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01144
Number of participants with account balances2018-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN

Measure Date Value
2019 : PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$104,239
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$7,180
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$6,072
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$67,672
Value of total assets at end of year2019-12-31$242,011
Value of total assets at beginning of year2019-12-31$144,952
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,108
Total interest from all sources2019-12-31$90
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$5,312
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$5,312
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$20,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$67,672
Participant contributions at end of year2019-12-31$1,056
Participant contributions at beginning of year2019-12-31$2,088
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$3,180
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$97,059
Value of net assets at end of year (total assets less liabilities)2019-12-31$242,011
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$144,952
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$898
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$240,955
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$139,684
Interest on participant loans2019-12-31$90
Income. Interest from loans (other than to participants)2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$31,165
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$6,072
Contract administrator fees2019-12-31$210
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31GEMRT, LLC
Accountancy firm EIN2019-12-31592738713
2018 : PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$83,643
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$4,394
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,354
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$93,453
Value of total assets at end of year2018-12-31$144,952
Value of total assets at beginning of year2018-12-31$65,703
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,040
Total interest from all sources2018-12-31$37
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$3,292
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$3,292
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$20,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$93,453
Participant contributions at end of year2018-12-31$2,088
Participant contributions at end of year2018-12-31$3,180
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$79,249
Value of net assets at end of year (total assets less liabilities)2018-12-31$144,952
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$65,703
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$470
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$139,684
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$65,703
Interest on participant loans2018-12-31$37
Income. Interest from loans (other than to participants)2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-13,139
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,354
Contract administrator fees2018-12-31$570
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31RODRIGUEZ, TRUEBA & CO. CPA
Accountancy firm EIN2018-12-31592738713

Form 5500 Responses for PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN

2019: PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PRIMARY CARE PHYSICIANS OF HOLLYWOOD 401K PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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