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EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 401k Plan overview

Plan NameEL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN
Plan identification number 001

EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING 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(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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

EL PASO CENTER FOR ORTHODONTICS, PC has sponsored the creation of one or more 401k plans.

Company Name:EL PASO CENTER FOR ORTHODONTICS, PC
Employer identification number (EIN):742339923
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-06-01RICHARD B. NOVICK, DDS
0012014-06-01RICHARD B. NOVICK, DDS
0012013-06-01RICHARD B. NOVICK, DDS
0012012-06-01RICHARD B. NOVICK, DDS
0012011-06-01RICHARD B. NOVICK, DDS
0012010-06-01RICHARD NOVICK
0012009-06-01RICHARD NOVICK
0012008-06-01RICHARD NOVICK

Plan Statistics for EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN

401k plan membership statisitcs for EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN

Measure Date Value
2015: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-06-014
Total number of active participants reported on line 7a of the Form 55002015-06-010
Number of retired or separated participants receiving benefits2015-06-010
Number of other retired or separated participants entitled to future benefits2015-06-010
Total of all active and inactive participants2015-06-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-06-010
Total participants2015-06-010
Number of participants with account balances2015-06-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-06-010
2014: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-06-014
Total number of active participants reported on line 7a of the Form 55002014-06-013
Number of retired or separated participants receiving benefits2014-06-010
Number of other retired or separated participants entitled to future benefits2014-06-011
Total of all active and inactive participants2014-06-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-06-010
Total participants2014-06-014
Number of participants with account balances2014-06-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-06-010
2013: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-06-016
Total number of active participants reported on line 7a of the Form 55002013-06-013
Number of retired or separated participants receiving benefits2013-06-010
Number of other retired or separated participants entitled to future benefits2013-06-011
Total of all active and inactive participants2013-06-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-06-010
Total participants2013-06-014
Number of participants with account balances2013-06-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-06-010
2012: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-06-016
Total number of active participants reported on line 7a of the Form 55002012-06-015
Number of retired or separated participants receiving benefits2012-06-010
Number of other retired or separated participants entitled to future benefits2012-06-011
Total of all active and inactive participants2012-06-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-06-010
Total participants2012-06-016
Number of participants with account balances2012-06-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-06-010
2011: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-06-017
Total number of active participants reported on line 7a of the Form 55002011-06-016
Number of retired or separated participants receiving benefits2011-06-010
Number of other retired or separated participants entitled to future benefits2011-06-010
Total of all active and inactive participants2011-06-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-06-010
Total participants2011-06-016
Number of participants with account balances2011-06-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-06-010
2010: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-06-016
Total number of active participants reported on line 7a of the Form 55002010-06-017
Number of retired or separated participants receiving benefits2010-06-010
Number of other retired or separated participants entitled to future benefits2010-06-010
Total of all active and inactive participants2010-06-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-06-010
Total participants2010-06-017
Number of participants with account balances2010-06-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-06-010
2009: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-06-016
Total number of active participants reported on line 7a of the Form 55002009-06-016
Number of retired or separated participants receiving benefits2009-06-010
Number of other retired or separated participants entitled to future benefits2009-06-010
Total of all active and inactive participants2009-06-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-06-010
Total participants2009-06-016
Number of participants with account balances2009-06-016
2008: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2008 401k membership
Total participants, beginning-of-year2008-06-016
Total number of active participants reported on line 7a of the Form 55002008-06-016
Number of retired or separated participants receiving benefits2008-06-010
Number of other retired or separated participants entitled to future benefits2008-06-010
Total of all active and inactive participants2008-06-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-06-010
Total participants2008-06-016
Number of participants with account balances2008-06-016

Financial Data on EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN

Measure Date Value
2016 : EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-01-31$-18,653
Expenses. Total of all expenses incurred2016-01-31$492,536
Benefits paid (including direct rollovers)2016-01-31$465,107
Total plan assets at end of year2016-01-31$0
Total plan assets at beginning of year2016-01-31$511,189
Value of fidelity bond covering the plan2016-01-31$45,428
Other income received2016-01-31$-18,653
Net income (gross income less expenses)2016-01-31$-511,189
Net plan assets at end of year (total assets less liabilities)2016-01-31$0
Net plan assets at beginning of year (total assets less liabilities)2016-01-31$511,189
Value of certain deemed distributions of participant loans2016-01-31$22,875
Expenses. Administrative service providers (salaries,fees and commissions)2016-01-31$4,554
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-01-31$0
2015 : EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-05-31$7,071
Expenses. Total of all expenses incurred2015-05-31$23,593
Benefits paid (including direct rollovers)2015-05-31$19,935
Total plan assets at end of year2015-05-31$511,189
Total plan assets at beginning of year2015-05-31$527,711
Value of fidelity bond covering the plan2015-05-31$45,428
Other income received2015-05-31$7,071
Net income (gross income less expenses)2015-05-31$-16,522
Net plan assets at end of year (total assets less liabilities)2015-05-31$511,189
Net plan assets at beginning of year (total assets less liabilities)2015-05-31$527,711
Assets. Value of participant loans2015-05-31$25,770
Expenses. Administrative service providers (salaries,fees and commissions)2015-05-31$3,658
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-05-31$0
2014 : EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-05-31$77,338
Expenses. Total of all expenses incurred2014-05-31$66,761
Benefits paid (including direct rollovers)2014-05-31$63,895
Total plan assets at end of year2014-05-31$527,711
Total plan assets at beginning of year2014-05-31$517,134
Other income received2014-05-31$77,338
Net income (gross income less expenses)2014-05-31$10,577
Net plan assets at end of year (total assets less liabilities)2014-05-31$527,711
Net plan assets at beginning of year (total assets less liabilities)2014-05-31$517,134
Assets. Value of participant loans2014-05-31$36,001
Expenses. Administrative service providers (salaries,fees and commissions)2014-05-31$2,866
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-05-31$0
2013 : EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-05-31$103,843
Expenses. Total of all expenses incurred2013-05-31$8,676
Total plan assets at end of year2013-05-31$517,134
Total plan assets at beginning of year2013-05-31$421,967
Other income received2013-05-31$103,843
Net income (gross income less expenses)2013-05-31$95,167
Net plan assets at end of year (total assets less liabilities)2013-05-31$517,134
Net plan assets at beginning of year (total assets less liabilities)2013-05-31$421,967
Assets. Value of participant loans2013-05-31$46,589
Value of certain deemed distributions of participant loans2013-05-31$4,342
Expenses. Administrative service providers (salaries,fees and commissions)2013-05-31$4,334
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-05-31$0
2012 : EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-05-31$-83,218
Expenses. Total of all expenses incurred2012-05-31$267,658
Benefits paid (including direct rollovers)2012-05-31$262,833
Total plan assets at end of year2012-05-31$421,967
Total plan assets at beginning of year2012-05-31$772,843
Value of fidelity bond covering the plan2012-05-31$250,000
Total contributions received or receivable from participants2012-05-31$0
Other income received2012-05-31$-83,218
Net income (gross income less expenses)2012-05-31$-350,876
Net plan assets at end of year (total assets less liabilities)2012-05-31$421,967
Net plan assets at beginning of year (total assets less liabilities)2012-05-31$772,843
Assets. Value of participant loans2012-05-31$15,657
Total contributions received or receivable from employer(s)2012-05-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-05-31$4,825
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-05-31$0
2011 : EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-05-31$153,322
Expenses. Total of all expenses incurred2011-05-31$1,649
Total plan assets at end of year2011-05-31$772,843
Total plan assets at beginning of year2011-05-31$621,170
Value of fidelity bond covering the plan2011-05-31$65,000
Other income received2011-05-31$153,322
Net income (gross income less expenses)2011-05-31$151,673
Net plan assets at end of year (total assets less liabilities)2011-05-31$772,843
Net plan assets at beginning of year (total assets less liabilities)2011-05-31$621,170
Assets. Value of participant loans2011-05-31$4,267
Expenses. Administrative service providers (salaries,fees and commissions)2011-05-31$1,649

Form 5500 Responses for EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN

2015: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2015 form 5500 responses
2015-06-01Type of plan entitySingle employer plan
2015-06-01Submission has been amendedNo
2015-06-01This submission is the final filingYes
2015-06-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-06-01Plan is a collectively bargained planNo
2015-06-01Plan funding arrangement – TrustYes
2015-06-01Plan benefit arrangement - TrustYes
2014: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2014 form 5500 responses
2014-06-01Type of plan entitySingle employer plan
2014-06-01Submission has been amendedNo
2014-06-01This submission is the final filingNo
2014-06-01This return/report is a short plan year return/report (less than 12 months)No
2014-06-01Plan is a collectively bargained planNo
2014-06-01Plan funding arrangement – TrustYes
2014-06-01Plan benefit arrangement - TrustYes
2013: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2013 form 5500 responses
2013-06-01Type of plan entitySingle employer plan
2013-06-01Submission has been amendedNo
2013-06-01This submission is the final filingNo
2013-06-01This return/report is a short plan year return/report (less than 12 months)No
2013-06-01Plan is a collectively bargained planNo
2013-06-01Plan funding arrangement – TrustYes
2013-06-01Plan benefit arrangement - TrustYes
2012: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2012 form 5500 responses
2012-06-01Type of plan entitySingle employer plan
2012-06-01Submission has been amendedNo
2012-06-01This submission is the final filingNo
2012-06-01This return/report is a short plan year return/report (less than 12 months)No
2012-06-01Plan is a collectively bargained planNo
2012-06-01Plan funding arrangement – TrustYes
2012-06-01Plan benefit arrangement - TrustYes
2011: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2011 form 5500 responses
2011-06-01Type of plan entitySingle employer plan
2011-06-01Submission has been amendedNo
2011-06-01This submission is the final filingNo
2011-06-01This return/report is a short plan year return/report (less than 12 months)No
2011-06-01Plan is a collectively bargained planNo
2011-06-01Plan funding arrangement – TrustYes
2011-06-01Plan benefit arrangement - TrustYes
2010: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2010 form 5500 responses
2010-06-01Type of plan entitySingle employer plan
2010-06-01Submission has been amendedYes
2010-06-01This submission is the final filingNo
2010-06-01This return/report is a short plan year return/report (less than 12 months)No
2010-06-01Plan is a collectively bargained planNo
2010-06-01Plan funding arrangement – TrustYes
2010-06-01Plan benefit arrangement - TrustYes
2009: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2009 form 5500 responses
2009-06-01Type of plan entitySingle employer plan
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planNo
2009-06-01Plan funding arrangement – TrustYes
2009-06-01Plan benefit arrangement - TrustYes
2008: EL PASO CENTER FOR ORTHODONTICS, PC PROFIT SHARING PLAN 2008 form 5500 responses
2008-06-01Type of plan entitySingle employer plan
2008-06-01Submission has been amendedNo
2008-06-01This submission is the final filingNo
2008-06-01This return/report is a short plan year return/report (less than 12 months)No
2008-06-01Plan is a collectively bargained planNo
2008-06-01Plan funding arrangement – TrustYes
2008-06-01Plan benefit arrangement - TrustYes

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