401k Plan data: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN plan

SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 401k Plan overview

Plan Name	SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN
Plan identification number	001

SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ASCENDANT ORTHOPAEDIC ALLIANCE has sponsored the creation of one or more 401k plans.

Company Name: ASCENDANT ORTHOPAEDIC ALLIANCE

Employer identification number (EIN): 814710676

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 YADI SCHUTZ 2023-10-15 YADI SCHUTZ 2023-10-15
001 2021-01-01 YADI SCHUTZ 2022-10-16 YADI SCHUTZ 2022-10-16
001 2020-01-01
001 2019-01-01 ANNA TRIM 2020-10-15 ANNA TRIM 2020-10-15
001 2018-01-01 JACQUELINE KERWIN 2019-10-15 JACQUELINE KERWIN 2019-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	YADI SCHUTZ	2023-10-15	YADI SCHUTZ	2023-10-15
001	2021-01-01	YADI SCHUTZ	2022-10-16	YADI SCHUTZ	2022-10-16
001	2020-01-01
001	2019-01-01	ANNA TRIM	2020-10-15	ANNA TRIM	2020-10-15
001	2018-01-01	JACQUELINE KERWIN	2019-10-15	JACQUELINE KERWIN	2019-10-15

Plan Statistics for SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN

401k plan membership statisitcs for SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN

Measure Date Value
2022: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 308
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 242
Number of retired or separated participants receiving benefits 2022-01-01 21
Number of other retired or separated participants entitled to future benefits 2022-01-01 64
Total of all active and inactive participants 2022-01-01 327
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 2
Total participants 2022-01-01 329
Number of participants with account balances 2022-01-01 279
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 8
2021: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 315
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 206
Number of retired or separated participants receiving benefits 2021-01-01 32
Number of other retired or separated participants entitled to future benefits 2021-01-01 61
Total of all active and inactive participants 2021-01-01 299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 300
Number of participants with account balances 2021-01-01 277
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 26
2020: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 222
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 241
Number of retired or separated participants receiving benefits 2020-01-01 9
Number of other retired or separated participants entitled to future benefits 2020-01-01 52
Total of all active and inactive participants 2020-01-01 302
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 302
Number of participants with account balances 2020-01-01 281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 14
2019: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 212
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 215
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 15
Total of all active and inactive participants 2019-01-01 230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 230
Number of participants with account balances 2019-01-01 217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 18
2018: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 256
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 430
Number of other retired or separated participants entitled to future benefits 2018-01-01 89
Total of all active and inactive participants 2018-01-01 519
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 519
Number of participants with account balances 2018-01-01 519
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 41

Measure	Date	Value
2022: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	308
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	242
Number of retired or separated participants receiving benefits	2022-01-01	21
Number of other retired or separated participants entitled to future benefits	2022-01-01	64
Total of all active and inactive participants	2022-01-01	327
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	2
Total participants	2022-01-01	329
Number of participants with account balances	2022-01-01	279
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	8
2021: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	315
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	206
Number of retired or separated participants receiving benefits	2021-01-01	32
Number of other retired or separated participants entitled to future benefits	2021-01-01	61
Total of all active and inactive participants	2021-01-01	299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	300
Number of participants with account balances	2021-01-01	277
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	26
2020: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	222
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	241
Number of retired or separated participants receiving benefits	2020-01-01	9
Number of other retired or separated participants entitled to future benefits	2020-01-01	52
Total of all active and inactive participants	2020-01-01	302
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	302
Number of participants with account balances	2020-01-01	281
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	14
2019: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	212
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	215
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	15
Total of all active and inactive participants	2019-01-01	230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	230
Number of participants with account balances	2019-01-01	217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	18
2018: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	256
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	430
Number of other retired or separated participants entitled to future benefits	2018-01-01	89
Total of all active and inactive participants	2018-01-01	519
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	519
Number of participants with account balances	2018-01-01	519
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	41

Financial Data on SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN

Measure	Date	Value
2022 : SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$2,302
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$12,434
Total income from all sources (including contributions)	2022-12-31	$-3,320,422
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$813,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$610,054
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,646,445
Value of total assets at end of year	2022-12-31	$30,409,439
Value of total assets at beginning of year	2022-12-31	$34,553,259
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$203,212
Total interest from all sources	2022-12-31	$12,285
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$494,513
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$494,513
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$1,149,950
Participant contributions at end of year	2022-12-31	$206,116
Participant contributions at beginning of year	2022-12-31	$226,770
Participant contributions at beginning of year	2022-12-31	$21,891
Assets. Other investments not covered elsewhere at end of year	2022-12-31	$6,002,989
Assets. Other investments not covered elsewhere at beginning of year	2022-12-31	$7,438,939
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$56,257
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$2,302
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$390
Other income not declared elsewhere	2022-12-31	$-29,020
Liabilities. Value of operating payables at beginning of year	2022-12-31	$12,044
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-4,133,688
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$30,407,137
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$34,540,825
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$156,494
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$23,191,485
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$25,775,550
Interest on participant loans	2022-12-31	$12,285
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$164,916
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$208,524
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$208,524
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-6,444,645
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$1,440,238
Employer contributions (assets) at end of year	2022-12-31	$843,933
Employer contributions (assets) at beginning of year	2022-12-31	$881,585
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$610,054
Contract administrator fees	2022-12-31	$46,718
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	SOMERSET CPAS, P.C.
Accountancy firm EIN	2022-12-31	201717681
2021 : SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$12,434
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$7,667,054
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,789,204
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,575,679
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$2,568,980
Value of total assets at end of year	2021-12-31	$34,553,259
Value of total assets at beginning of year	2021-12-31	$28,662,975
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$213,525
Total interest from all sources	2021-12-31	$14,782
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$555,267
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$555,267
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,068,017
Participant contributions at end of year	2021-12-31	$226,770
Participant contributions at beginning of year	2021-12-31	$235,109
Participant contributions at end of year	2021-12-31	$21,891
Assets. Other investments not covered elsewhere at end of year	2021-12-31	$7,438,939
Assets. Other investments not covered elsewhere at beginning of year	2021-12-31	$9,430,724
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$100,178
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$390
Liabilities. Value of operating payables at end of year	2021-12-31	$12,044
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$5,877,850
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$34,540,825
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$28,662,975
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$160,451
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$25,775,550
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$17,604,608
Interest on participant loans	2021-12-31	$14,782
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$208,524
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$169,252
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$169,252
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$4,528,025
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$1,400,785
Employer contributions (assets) at end of year	2021-12-31	$881,585
Employer contributions (assets) at beginning of year	2021-12-31	$1,223,282
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,575,679
Contract administrator fees	2021-12-31	$53,074
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	SOMERSET CPAS, P.C.
Accountancy firm EIN	2021-12-31	201717681
2020 : SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$6,211,807
Total loss/gain on sale of assets	2020-12-31	$264,618
Total of all expenses incurred	2020-12-31	$1,116,867
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,008,248
Expenses. Certain deemed distributions of participant loans	2020-12-31	$1,700
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,222,297
Value of total assets at end of year	2020-12-31	$28,662,975
Value of total assets at beginning of year	2020-12-31	$23,568,035
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$106,919
Total interest from all sources	2020-12-31	$15,894
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$328,456
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$328,456
Administrative expenses professional fees incurred	2020-12-31	$74,004
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$928,853
Participant contributions at end of year	2020-12-31	$235,109
Participant contributions at beginning of year	2020-12-31	$241,778
Assets. Other investments not covered elsewhere at end of year	2020-12-31	$9,430,724
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$70,162
Other income not declared elsewhere	2020-12-31	$1,333,094
Total non interest bearing cash at end of year	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$5,094,940
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$28,662,975
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$23,568,035
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$32,815
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$17,604,608
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$9,183,213
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$98,631
Interest on participant loans	2020-12-31	$15,479
Value of interest in common/collective trusts at beginning of year	2020-12-31	$12,624,335
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$169,252
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$415
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$353,418
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$2,047,448
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$1,223,282
Employer contributions (assets) at end of year	2020-12-31	$1,223,282
Employer contributions (assets) at beginning of year	2020-12-31	$1,066,660
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,008,248
Contract administrator fees	2020-12-31	$100
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	Yes
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$16,249,115
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$15,984,497
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	SOMMERSET CPAS, P.C.
Accountancy firm EIN	2020-12-31	201717681
2019 : SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2019 401k financial data
Total transfer of assets to this plan	2019-12-31	$20,286,535
Total transfer of assets from this plan	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,592,164
Total of all expenses incurred	2019-12-31	$310,664
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$246,995
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,671,408
Value of total assets at end of year	2019-12-31	$23,568,035
Value of total assets at beginning of year	2019-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$63,669
Total interest from all sources	2019-12-31	$15,913
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$164,505
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$164,505
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$590,322
Participant contributions at end of year	2019-12-31	$241,778
Participant contributions at beginning of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$14,426
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$3,281,500
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$23,568,035
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$9,183,213
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$0
Value of interest in pooled separate accounts at end of year	2019-12-31	$98,631
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$0
Interest on participant loans	2019-12-31	$11,611
Income. Interest from loans (other than to participants)	2019-12-31	$4,302
Value of interest in common/collective trusts at end of year	2019-12-31	$12,624,335
Value of interest in common/collective trusts at beginning of year	2019-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$353,418
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$743,863
Net investment gain/loss from pooled separate accounts	2019-12-31	$7,115
Net investment gain or loss from common/collective trusts	2019-12-31	$989,360
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$1,066,660
Employer contributions (assets) at end of year	2019-12-31	$1,066,660
Employer contributions (assets) at beginning of year	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$246,995
Contract administrator fees	2019-12-31	$63,669
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	SOMMERSET CPAS, P.C.
Accountancy firm EIN	2019-12-31	201717681
2018 : SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2018 401k financial data
Total transfer of assets to this plan	2018-12-31	$20,300,063
Total income from all sources (including contributions)	2018-12-31	$567,185
Total of all expenses incurred	2018-12-31	$3,508,301
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$3,303,448
Expenses. Certain deemed distributions of participant loans	2018-12-31	$22,069
Value of total corrective distributions	2018-12-31	$1,486
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$4,421,558
Value of total assets at end of year	2018-12-31	$50,962,035
Value of total assets at beginning of year	2018-12-31	$33,603,088
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$181,298
Total interest from all sources	2018-12-31	$14,624
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$391,685
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$391,685
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,858,257
Participant contributions at end of year	2018-12-31	$342,747
Participant contributions at beginning of year	2018-12-31	$36,439
Participant contributions at end of year	2018-12-31	$88,136
Participant contributions at beginning of year	2018-12-31	$6,000
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$442,795
Other income not declared elsewhere	2018-12-31	$216
Administrative expenses (other) incurred	2018-12-31	$10,639
Total non interest bearing cash at beginning of year	2018-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-2,941,116
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$50,962,035
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$33,603,088
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$17,650,585
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$10,242,427
Value of interest in pooled separate accounts at end of year	2018-12-31	$992,052
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$986,782
Interest on participant loans	2018-12-31	$14,624
Value of interest in common/collective trusts at end of year	2018-12-31	$28,563,577
Value of interest in common/collective trusts at beginning of year	2018-12-31	$20,835,320
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$1,204,432
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$571,271
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-1,789,879
Net investment gain/loss from pooled separate accounts	2018-12-31	$-81,754
Net investment gain or loss from common/collective trusts	2018-12-31	$-2,389,265
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$2,120,506
Employer contributions (assets) at end of year	2018-12-31	$2,120,506
Employer contributions (assets) at beginning of year	2018-12-31	$924,849
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$3,303,448
Contract administrator fees	2018-12-31	$170,659
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	SOMMERSET CPAS
Accountancy firm EIN	2018-12-31	201717681

Form 5500 Responses for SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN

2022: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	First time form 5500 has been submitted	Yes
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: SOUTH BEND ORTHOPAEDIC ASSOCIATES 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	0
Insurance policy start date	2020-01-01
Insurance policy end date	2020-01-23
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

468781

Policy instance

Insurance contract or identification number	468781
Number of Individuals Covered	0
Insurance policy start date	2020-01-01
Insurance policy end date	2020-01-23
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

468781

Policy instance

Insurance contract or identification number	468781
Number of Individuals Covered	245
Insurance policy start date	2019-04-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $21
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	21
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	245
Insurance policy start date	2019-04-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	88
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953

Policy instance

Insurance contract or identification number	613953
Number of Individuals Covered	501
Insurance policy start date	2018-12-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $449
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	449
Additional information about fees paid to insurance broker	REFERRAL/SERVICE FEE
Insurance broker organization code?	3

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

623779

Policy instance

Insurance contract or identification number	623779
Number of Individuals Covered	501
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	442
Additional information about fees paid to insurance broker	REFERRAL/ SERVICE FEE
Insurance broker organization code?	3

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Company Name:	ASCENDANT ORTHOPAEDIC ALLIANCE
Employer identification number (EIN):	814710676
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)