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PRIMARY CARE SPECIALISTS 401(K) PLAN 401k Plan overview

Plan NamePRIMARY CARE SPECIALISTS 401(K) PLAN
Plan identification number 002

PRIMARY CARE SPECIALISTS 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PRIMARY CARE SPECIALISTS, P.A. has sponsored the creation of one or more 401k plans.

Company Name:PRIMARY CARE SPECIALISTS, P.A.
Employer identification number (EIN):820510113
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIMARY CARE SPECIALISTS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01KARIN MCCULLOCH2024-10-02
0022022-01-01JAMIE CAMPION2023-10-10
0022021-01-01JENNIFER GUSTAVES2022-10-11
0022021-01-01KARIN MCCULLOCH2024-09-03

Financial Data on PRIMARY CARE SPECIALISTS 401(K) PLAN

Measure Date Value
2025 : PRIMARY CARE SPECIALISTS 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-08-225077
Total liabilities as of the beginning of the plan year2025-08-224478
Total expenses incurred by plan in this plan year2025-08-2287481
Net assets as of the end of the plan year2025-08-22362706
Total assets as of the beginning of the plan year2025-08-22346342
Value of plan covered by a fidelity bond2025-08-2234200
Participant contributions to plan in this plan year2025-08-2236871
Other income to plan in this plan year2025-08-2246177
Plan net income in this plan year2025-08-2215765
Net assets as of the end of the plan year2025-08-22357629
Net assets as of the beginning of the plan year2025-08-22341864
Employer contributions to plan in this plan year2025-08-2220198
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-225290
2024 : PRIMARY CARE SPECIALISTS 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-024478
Total liabilities as of the beginning of the plan year2024-10-022414
Total expenses incurred by plan in this plan year2024-10-0210106
Net assets as of the end of the plan year2024-10-02346342
Total assets as of the beginning of the plan year2024-10-02234785
Value of plan covered by a fidelity bond2024-10-0230000
Participant contributions to plan in this plan year2024-10-0249058
Other income to plan in this plan year2024-10-0246650
Plan net income in this plan year2024-10-02109493
Net assets as of the end of the plan year2024-10-02341864
Net assets as of the beginning of the plan year2024-10-02232371
Employer contributions to plan in this plan year2024-10-0223891
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-024426

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