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FAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameFAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

FAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST 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.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

FAMILY PRACTICE MEDICAL GROUP OF SANTA BARBARA has sponsored the creation of one or more 401k plans.

Company Name:FAMILY PRACTICE MEDICAL GROUP OF SANTA BARBARA
Employer identification number (EIN):770326405
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about FAMILY PRACTICE MEDICAL GROUP OF SANTA BARBARA

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C3840009

More information about FAMILY PRACTICE MEDICAL GROUP OF SANTA BARBARA

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01FEN LIANG2024-06-27
0012022-01-01FEN LIANG2023-07-31
0012021-01-01FEN LIANG2022-05-02
0012020-01-01MATTHEW PAYNE2021-06-22
0012020-01-01MATTHEW PAYNE2022-01-04

Financial Data on FAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : FAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-180
Total liabilities as of the end of the plan year2025-08-180
Total liabilities as of the beginning of the plan year2025-08-180
Total expenses incurred by plan in this plan year2025-08-183689
Net assets as of the end of the plan year2025-08-18525658
Total assets as of the beginning of the plan year2025-08-18389996
Participant contributions to plan in this plan year2025-08-1856135
Value of participant loans at end of plan year2025-08-1811284
Other expenses paid from plan in this plan year2025-08-180
Other contributions to plan in this plan year2025-08-180
Other income to plan in this plan year2025-08-1865682
Plan net income in this plan year2025-08-18135662
Net assets as of the end of the plan year2025-08-18525658
Net assets as of the beginning of the plan year2025-08-18389996
Employer contributions to plan in this plan year2025-08-1817534
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-18384
2024 : FAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-270
Total liabilities as of the end of the plan year2024-06-270
Total liabilities as of the beginning of the plan year2024-06-270
Total expenses incurred by plan in this plan year2024-06-27193
Net assets as of the end of the plan year2024-06-27389996
Total assets as of the beginning of the plan year2024-06-27269271
Participant contributions to plan in this plan year2024-06-2752281
Other expenses paid from plan in this plan year2024-06-270
Other contributions to plan in this plan year2024-06-270
Other income to plan in this plan year2024-06-2750514
Plan net income in this plan year2024-06-27120725
Net assets as of the end of the plan year2024-06-27389996
Net assets as of the beginning of the plan year2024-06-27269271
Employer contributions to plan in this plan year2024-06-2718123
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-27193
2022 : FAMILY PRACTICE MEDICAL GROUP 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total transfers to/from plan in this plan year2022-05-020
Total liabilities as of the end of the plan year2022-05-020
Total liabilities as of the beginning of the plan year2022-05-020
Total expenses incurred by plan in this plan year2022-05-02194
Net assets as of the end of the plan year2022-05-02241835
Total assets as of the beginning of the plan year2022-05-02147087
Participant contributions to plan in this plan year2022-05-0251385
Other expenses paid from plan in this plan year2022-05-020
Other contributions to plan in this plan year2022-05-020
Other income to plan in this plan year2022-05-0227339
Plan net income in this plan year2022-05-0294748
Net assets as of the end of the plan year2022-05-02241835
Net assets as of the beginning of the plan year2022-05-02147087
Employer contributions to plan in this plan year2022-05-0216218
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-02194

Potentially related plans

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