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NORTH VALLEY FAMILY MEDICINE 401(K) PLAN 401k Plan overview

Plan NameNORTH VALLEY FAMILY MEDICINE 401(K) PLAN
Plan identification number 001

NORTH VALLEY FAMILY MEDICINE 401(K) 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(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

NORTH VALLEY FAMILY MEDICINE P C has sponsored the creation of one or more 401k plans.

Company Name:NORTH VALLEY FAMILY MEDICINE P C
Employer identification number (EIN):810606396
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH VALLEY FAMILY MEDICINE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JOHN ELLIS2024-10-15
0012021-01-01JOHN ELLIS2022-08-01
0012020-01-01JOHN ELLIS2021-08-02
0012019-01-01JOHN ELLIS2021-07-31
0012018-01-01JOHN ELLIS2019-10-15

Plan Statistics for NORTH VALLEY FAMILY MEDICINE 401(K) PLAN

401k plan membership statisitcs for NORTH VALLEY FAMILY MEDICINE 401(K) PLAN

Measure Date Value
2025: NORTH VALLEY FAMILY MEDICINE 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-0120
Total number of particpants at end of year2025-07-0117
Number of Participants With Account Balances2025-07-014
2024: NORTH VALLEY FAMILY MEDICINE 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-1518
Total number of particpants at end of year2024-10-1515
Number of Participants With Account Balances2024-10-156
2022: NORTH VALLEY FAMILY MEDICINE 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-08-0117
Total number of particpants at end of year2022-08-0116
Number of Participants With Account Balances2022-08-016

Financial Data on NORTH VALLEY FAMILY MEDICINE 401(K) PLAN

Measure Date Value
2025 : NORTH VALLEY FAMILY MEDICINE 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-0193009
Net assets as of the end of the plan year2025-07-01107596
Total assets as of the beginning of the plan year2025-07-01163138
Value of plan covered by a fidelity bond2025-07-0117000
Participant contributions to plan in this plan year2025-07-0126083
Other income to plan in this plan year2025-07-0111384
Plan net income in this plan year2025-07-01-55542
Net assets as of the end of the plan year2025-07-01107596
Net assets as of the beginning of the plan year2025-07-01163138
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-01736
2024 : NORTH VALLEY FAMILY MEDICINE 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-152351
Net assets as of the end of the plan year2024-10-15163138
Total assets as of the beginning of the plan year2024-10-15127787
Value of plan covered by a fidelity bond2024-10-1513000
Participant contributions to plan in this plan year2024-10-1512187
Other income to plan in this plan year2024-10-1525515
Plan net income in this plan year2024-10-1535351
Net assets as of the end of the plan year2024-10-15163138
Net assets as of the beginning of the plan year2024-10-15127787
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-15752
2022 : NORTH VALLEY FAMILY MEDICINE 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-08-014886
Net assets as of the end of the plan year2022-08-01124648
Total assets as of the beginning of the plan year2022-08-0177842
Value of plan covered by a fidelity bond2022-08-018000
Participant contributions to plan in this plan year2022-08-0137505
Value of participant loans at end of plan year2022-08-010
Other income to plan in this plan year2022-08-0114187
Plan net income in this plan year2022-08-0146806
Net assets as of the end of the plan year2022-08-01124648
Net assets as of the beginning of the plan year2022-08-0177842
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-01630

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