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THE HEART AND MEDICAL CENTER, P.C. 401(K) PLAN AND TRUST 401k Plan overview

Plan NameTHE HEART AND MEDICAL CENTER, P.C. 401(K) PLAN AND TRUST
Plan identification number 002

THE HEART AND MEDICAL CENTER, P.C. 401(K) PLAN AND 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.
  • 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

THE HEART AND MEDICAL CENTER, P.C. has sponsored the creation of one or more 401k plans.

Company Name:THE HEART AND MEDICAL CENTER, P.C.
Employer identification number (EIN):731532616
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 HEART AND MEDICAL CENTER, P.C. 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01VIVEK KHETPAL2024-05-28
0022022-01-01VIVEK KHETPAL2023-03-30
0022021-01-01VIVEK KHETPAL2022-08-11
0022020-01-01VIVEK KHETPAL2021-08-12
0022019-01-01VIVEK KHETPAL2020-07-20 VIVEK KHETPAL2020-07-20
0022018-01-01VIVEK KHETPAL2019-10-11 VIVEK KHETPAL2019-10-11
0022017-01-01VIVEK KHETPAL2018-06-18 VIVEK KHETPAL2018-06-18
0022016-01-01VIVEK KHETPAL2017-09-13 VIVEK KHETPAL2017-09-13
0022015-01-01VIVEK KHETPAL2016-07-27 VIVEK KHETPAL2016-07-27
0022014-01-01VIVEK KHETPAL2015-09-29 VIVEK KHETPAL2015-09-29
0022013-01-01VIVEK KHETPAL2014-09-23 VIVEK KHETPAL2014-09-23

Financial Data on THE HEART AND MEDICAL CENTER, P.C. 401(K) PLAN AND TRUST

Measure Date Value
2025 : THE HEART AND MEDICAL CENTER, P.C. 401(K) PLAN AND TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-04-0418657
Net assets as of the end of the plan year2025-04-042668093
Total assets as of the beginning of the plan year2025-04-042091142
Value of plan covered by a fidelity bond2025-04-04250000
Participant contributions to plan in this plan year2025-04-04103117
Other income to plan in this plan year2025-04-04390548
Plan net income in this plan year2025-04-04576951
Net assets as of the end of the plan year2025-04-042668093
Net assets as of the beginning of the plan year2025-04-042091142
Employer contributions to plan in this plan year2025-04-04101943
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-0418657
2024 : THE HEART AND MEDICAL CENTER, P.C. 401(K) PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-2825223
Net assets as of the end of the plan year2024-05-282091142
Total assets as of the beginning of the plan year2024-05-281647264
Value of plan covered by a fidelity bond2024-05-28120000
Participant contributions to plan in this plan year2024-05-2899157
Other contributions to plan in this plan year2024-05-280
Other income to plan in this plan year2024-05-28369944
Plan net income in this plan year2024-05-28443878
Net assets as of the end of the plan year2024-05-282091142
Net assets as of the beginning of the plan year2024-05-281647264
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-2814371

Potentially related plans

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