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| Plan Name | MAGNOLIA MEDICAL CLINIC, P.A. PROFIT SHARING PLAN |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | MAGNOLIA MEDICAL CLINIC, P.A. |
| Employer identification number (EIN): | 593322674 |
| NAIC Classification: | 621111 |
| NAIC Description: | Offices of Physicians (except Mental Health Specialists) |
Additional information about MAGNOLIA MEDICAL CLINIC, P.A.
| Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
| Incorporation Date: | 1995-06-12 |
| Company Identification Number: | P95000046696 |
| Legal Registered Office Address: |
319 GREEN ACRES ROAD FORT WALTON BEACH 32547 |
More information about MAGNOLIA MEDICAL CLINIC, P.A.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2023-01-01 | CHRIS G. PAPPAS, MD | 2024-07-12 | ||
| 001 | 2022-01-01 | CHRIS G. PAPPAS, MD | 2023-07-13 | ||
| 001 | 2021-01-01 | CHRIS G. PAPPAS, MD | 2022-10-12 | ||
| 001 | 2020-01-01 | JOHN D. SITES, M.D. | 2021-10-15 | ||
| 001 | 2019-01-01 | JOHN D. SITES, M.D. | 2020-10-12 | ||
| 001 | 2018-01-01 | JOHN D. SITES, M.D. | 2019-07-12 | ||
| 001 | 2017-01-01 | JOHN D. SITES, M.D. | 2018-10-12 | ||
| 001 | 2016-01-01 | JOHN D. SITES, M.D. | 2017-12-14 | ||
| 001 | 2015-01-01 | JOHN D. SITES, M.D. | 2016-10-14 | ||
| 001 | 2014-01-01 | JOHN D. SITES, M.D. | 2015-03-25 | ||
| 001 | 2013-01-01 | JOHN D. SITES, M.D. | 2014-07-10 | ||
| 001 | 2012-01-01 | JOHN D. SITES, M.D. | 2013-05-20 | ||
| 001 | 2011-01-01 | JOHN D. SITES, M.D. | 2012-01-31 | ||
| 001 | 2010-01-01 | JOHN D. SITES, M.D. | 2011-07-22 | JOHN D. SITES, M.D. | 2011-07-22 |
| Measure | Date | Value |
|---|---|---|
| 2025: MAGNOLIA MEDICAL CLINIC, P.A. PROFIT SHARING PLAN 2025 401k membership | ||
| Total number of particpants at beginning of year | 2025-10-10 | 49 |
| Total number of particpants at end of year | 2025-10-10 | 43 |
| Number of Participants With Account Balances | 2025-10-10 | 30 |
| 2024: MAGNOLIA MEDICAL CLINIC, P.A. PROFIT SHARING PLAN 2024 401k membership | ||
| Total number of particpants at beginning of year | 2024-07-12 | 40 |
| Total number of particpants at end of year | 2024-07-12 | 47 |
| Number of Participants With Account Balances | 2024-07-12 | 31 |
| 2022: MAGNOLIA MEDICAL CLINIC, P.A. PROFIT SHARING PLAN 2022 401k membership | ||
| Total number of particpants at beginning of year | 2022-10-12 | 38 |
| Total number of particpants at end of year | 2022-10-12 | 36 |
| Number of Participants With Account Balances | 2022-10-12 | 31 |
| Measure | Date | Value |
|---|---|---|
| 2025 : MAGNOLIA MEDICAL CLINIC, P.A. PROFIT SHARING PLAN 2025 401k financial data | ||
| Total expenses incurred by plan in this plan year | 2025-10-10 | 58848 |
| Net assets as of the end of the plan year | 2025-10-10 | 2115757 |
| Total assets as of the beginning of the plan year | 2025-10-10 | 1775756 |
| Value of plan covered by a fidelity bond | 2025-10-10 | 500000 |
| Participant contributions to plan in this plan year | 2025-10-10 | 110680 |
| Other income to plan in this plan year | 2025-10-10 | 216916 |
| Plan net income in this plan year | 2025-10-10 | 340001 |
| Net assets as of the end of the plan year | 2025-10-10 | 2115757 |
| Net assets as of the beginning of the plan year | 2025-10-10 | 1775756 |
| Employer contributions to plan in this plan year | 2025-10-10 | 71253 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-10-10 | 14107 |
| 2024 : MAGNOLIA MEDICAL CLINIC, P.A. PROFIT SHARING PLAN 2024 401k financial data | ||
| Total expenses incurred by plan in this plan year | 2024-07-12 | 92473 |
| Net assets as of the end of the plan year | 2024-07-12 | 1775756 |
| Total assets as of the beginning of the plan year | 2024-07-12 | 1450129 |
| Value of plan covered by a fidelity bond | 2024-07-12 | 500000 |
| Participant contributions to plan in this plan year | 2024-07-12 | 108078 |
| Other income to plan in this plan year | 2024-07-12 | 239236 |
| Plan net income in this plan year | 2024-07-12 | 325627 |
| Net assets as of the end of the plan year | 2024-07-12 | 1775756 |
| Net assets as of the beginning of the plan year | 2024-07-12 | 1450129 |
| Employer contributions to plan in this plan year | 2024-07-12 | 70786 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-07-12 | 11536 |
| 2022 : MAGNOLIA MEDICAL CLINIC, P.A. PROFIT SHARING PLAN 2022 401k financial data | ||
| Total expenses incurred by plan in this plan year | 2022-10-12 | 1705406 |
| Net assets as of the end of the plan year | 2022-10-12 | 3804937 |
| Total assets as of the beginning of the plan year | 2022-10-12 | 4615644 |
| Value of plan covered by a fidelity bond | 2022-10-12 | 500000 |
| Participant contributions to plan in this plan year | 2022-10-12 | 137601 |
| Other income to plan in this plan year | 2022-10-12 | 688506 |
| Plan net income in this plan year | 2022-10-12 | -810707 |
| Net assets as of the end of the plan year | 2022-10-12 | 3804937 |
| Net assets as of the beginning of the plan year | 2022-10-12 | 4615644 |
| Employer contributions to plan in this plan year | 2022-10-12 | 68592 |
| Fees paid to broker by Benefit Provider | 2022-10-12 | 707 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-10-12 | 42859 |