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THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameTHE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST Benefits

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

AMERICAN INSTITUTE OF BALANCE has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN INSTITUTE OF BALANCE
Employer identification number (EIN):650312887
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ERISA FIDUCIARY SERVICES, INC2024-04-22
0012022-01-01ERISA FIDUCIARY SERVICES2023-05-18
0012021-01-01CHRISTOPHER WEHSE2022-10-13
0012020-01-01RICHARD E GANS2021-09-30
0012019-01-01RICHARD E GANS2020-09-23
0012018-01-01RICHARD E GANS2019-10-15
0012017-01-01RICHARD EDWARD GANS2018-10-15
0012016-01-01RICHARD EDWARD GANS2017-10-16
0012015-01-01RICHARD GANS2016-09-27
0012014-01-01RICHARD GANS2015-10-07
0012013-01-01RICHARD E. GANS2014-10-14
0012012-01-01RICHARD GANS2013-10-14 RICHARD GANS2013-10-14
0012011-01-01RICHRD GANS2012-10-09
0012010-01-01RICHARD E. GANS2011-07-29

Plan Statistics for THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025: THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST 2025 401k membership
Total number of particpants at beginning of year2025-04-0768
Total number of particpants at end of year2025-04-0762
Number of Participants With Account Balances2025-04-0736
2024: THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST 2024 401k membership
Total number of particpants at beginning of year2024-04-2255
Total number of particpants at end of year2024-04-2261
Number of Participants With Account Balances2024-04-2226

Financial Data on THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-070
Total liabilities as of the end of the plan year2025-04-070
Total liabilities as of the beginning of the plan year2025-04-070
Total expenses incurred by plan in this plan year2025-04-07153829
Net assets as of the end of the plan year2025-04-07832005
Total assets as of the beginning of the plan year2025-04-07698341
Value of plan covered by a fidelity bond2025-04-0769834
Participant contributions to plan in this plan year2025-04-07114009
Value of participant loans at end of plan year2025-04-0715421
Other expenses paid from plan in this plan year2025-04-070
Other contributions to plan in this plan year2025-04-070
Other income to plan in this plan year2025-04-07120928
Plan net income in this plan year2025-04-07133664
Net assets as of the end of the plan year2025-04-07832005
Net assets as of the beginning of the plan year2025-04-07698341
Employer contributions to plan in this plan year2025-04-0752556
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-076444
2024 : THE AMERICAN INSTITUTE OF BALA 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-04-220
Total liabilities as of the end of the plan year2024-04-220
Total liabilities as of the beginning of the plan year2024-04-220
Total expenses incurred by plan in this plan year2024-04-22196135
Net assets as of the end of the plan year2024-04-22698341
Total assets as of the beginning of the plan year2024-04-22601393
Value of plan covered by a fidelity bond2024-04-2260139
Participant contributions to plan in this plan year2024-04-2299324
Value of participant loans at end of plan year2024-04-2214803
Other expenses paid from plan in this plan year2024-04-220
Other contributions to plan in this plan year2024-04-2215594
Other income to plan in this plan year2024-04-22123916
Plan net income in this plan year2024-04-2296948
Net assets as of the end of the plan year2024-04-22698341
Net assets as of the beginning of the plan year2024-04-22601393
Employer contributions to plan in this plan year2024-04-2254249
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-225818

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