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MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN 401k Plan overview

Plan NameMEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN
Plan identification number 002

MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) 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.
  • 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

MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:MEDICAL SOCIETY PROFESSIONAL SERVICES, INC.
Employer identification number (EIN):610539400
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01LISA NETHERY2024-05-09 LISA NETHERY2024-05-09
0022022-01-01LISA NETHERY2023-05-01 LISA NETHERY2023-05-01
0022021-01-01LISA NETHERY2022-05-11 LISA NETHERY2022-05-11
0022020-01-01LISA NETHERY2021-08-19 LISA NETHERY2021-08-19
0022018-01-01GLENDA KLASS2019-04-23 GLENDA KLASS2019-04-23
0022017-01-01GLENDA KLASS2018-05-24 GLENDA KLASS2018-05-24
0022016-01-01GLENDA KLASS2017-07-17 GLENDA KLASS2017-07-17
0022015-01-01GLENDA KLASS2016-07-19 GLENDA KLASS2016-07-19
0022014-01-01GLENDA KLASS2015-04-08 GLENDA KLASS2015-04-08
0022013-01-01GLENDA KLASS2014-06-12 GLENDA KLASS2014-06-12
0022012-01-01GLENDA KLASS2013-06-27 GLENDA KLASS2013-06-27
0022011-01-01GLENDA KLASS2012-07-18 GLENDA KLASS2012-07-18
0022010-01-01GLENDA KLASS2011-06-22 GLENDA KLASS2011-06-22

Plan Statistics for MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN

401k plan membership statisitcs for MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN

Measure Date Value
2025: MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-04-3020
Total number of particpants at end of year2025-04-3017
Number of Participants With Account Balances2025-04-3017
2024: MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-0920
Total number of particpants at end of year2024-05-0920
Number of Participants With Account Balances2024-05-0920

Financial Data on MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN

Measure Date Value
2025 : MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-300
Total liabilities as of the end of the plan year2025-04-300
Total liabilities as of the beginning of the plan year2025-04-300
Total expenses incurred by plan in this plan year2025-04-3075469
Net assets as of the end of the plan year2025-04-301265895
Total assets as of the beginning of the plan year2025-04-301066303
Value of plan covered by a fidelity bond2025-04-30150000
Participant contributions to plan in this plan year2025-04-3083953
Other expenses paid from plan in this plan year2025-04-300
Other contributions to plan in this plan year2025-04-300
Other income to plan in this plan year2025-04-30137773
Plan net income in this plan year2025-04-30199592
Net assets as of the end of the plan year2025-04-301265895
Net assets as of the beginning of the plan year2025-04-301066303
Employer contributions to plan in this plan year2025-04-3053335
Fees paid to broker by Benefit Provider2025-04-30485
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-308343
2024 : MEDICAL SOCIETY PROFESSIONAL SERVICES, INC. 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-090
Total liabilities as of the end of the plan year2024-05-090
Total liabilities as of the beginning of the plan year2024-05-090
Total expenses incurred by plan in this plan year2024-05-0945857
Net assets as of the end of the plan year2024-05-091066303
Total assets as of the beginning of the plan year2024-05-09866256
Value of plan covered by a fidelity bond2024-05-09150000
Participant contributions to plan in this plan year2024-05-0963229
Other expenses paid from plan in this plan year2024-05-090
Other contributions to plan in this plan year2024-05-090
Other income to plan in this plan year2024-05-09131678
Plan net income in this plan year2024-05-09200047
Net assets as of the end of the plan year2024-05-091066303
Net assets as of the beginning of the plan year2024-05-09866256
Employer contributions to plan in this plan year2024-05-0950997
Fees paid to broker by Benefit Provider2024-05-09476
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-098553

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