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WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 401k Plan overview

Plan NameWILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST
Plan identification number 001

WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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.

401k Sponsoring company profile

WILLIAM F. TURNER, JR., M.D., P.A. has sponsored the creation of one or more 401k plans.

Company Name:WILLIAM F. TURNER, JR., M.D., P.A.
Employer identification number (EIN):752470508
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-01-01WILLIAM F TURNER JR MD
0012009-01-01WILLIAM F TURNER JR MD

Plan Statistics for WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST

401k plan membership statisitcs for WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST

Measure Date Value
2011: WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total of all active and inactive participants2011-01-010
Total participants2011-01-010
2009: WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-014
Total number of active participants reported on line 7a of the Form 55002009-01-012
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-014
Total participants2009-01-014
Number of participants with account balances2009-01-014

Financial Data on WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST

Measure Date Value
2011 : WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 2011 401k financial data
Total income from all sources2011-12-31$2,882
Expenses. Total of all expenses incurred2011-12-31$1,710,231
Benefits paid (including direct rollovers)2011-12-31$1,709,981
Total plan assets at end of year2011-12-31$0
Total plan assets at beginning of year2011-12-31$1,707,349
Expenses. Other expenses not covered elsewhere2011-12-31$250
Other income received2011-12-31$2,882
Net income (gross income less expenses)2011-12-31$-1,707,349
Net plan assets at end of year (total assets less liabilities)2011-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,707,349
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$1,709,981
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 2010 401k financial data
Total income from all sources2010-12-31$255,801
Expenses. Total of all expenses incurred2010-12-31$150
Total plan assets at end of year2010-12-31$1,707,349
Total plan assets at beginning of year2010-12-31$1,451,698
Value of fidelity bond covering the plan2010-12-31$200,000
Expenses. Other expenses not covered elsewhere2010-12-31$150
Other income received2010-12-31$251,241
Net income (gross income less expenses)2010-12-31$255,651
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,707,349
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,451,698
Total contributions received or receivable from employer(s)2010-12-31$4,560
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$7,827
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST

2011: WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01This submission is the final filingYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: WILLIAM F. TURNER, JR., M.D., P.A., 401 K PLAN & TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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