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MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameMINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN
Plan identification number 001

MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING 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.

401k Sponsoring company profile

MINIMALLY INVASIVE VASCULAR INC has sponsored the creation of one or more 401k plans.

Company Name:MINIMALLY INVASIVE VASCULAR INC
Employer identification number (EIN):821510528
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012021-01-01
0012020-01-01

Plan Statistics for MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-0613
Total number of particpants at end of year2025-10-0612
Number of Participants With Account Balances2025-10-069
Total number of particpants at beginning of year2025-03-2110
Total number of particpants at end of year2025-03-2111
Number of Participants With Account Balances2025-03-2110
2020: MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0114
Total number of active participants reported on line 7a of the Form 55002020-01-016
Number of retired or separated participants receiving benefits2020-01-014
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0110
Number of participants with account balances2020-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010

Financial Data on MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-10-065231
Total expenses incurred by plan in this plan year2025-10-065939
Net assets as of the end of the plan year2025-10-06470401
Total assets as of the beginning of the plan year2025-10-06420033
Value of plan covered by a fidelity bond2025-10-0647040
Participant contributions to plan in this plan year2025-10-067174
Other income to plan in this plan year2025-10-0644663
Plan net income in this plan year2025-10-0655599
Net assets as of the end of the plan year2025-10-06470401
Net assets as of the beginning of the plan year2025-10-06414802
Employer contributions to plan in this plan year2025-10-069701
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-065215
Total liabilities as of the end of the plan year2025-03-215231
Total liabilities as of the beginning of the plan year2025-03-215231
Total expenses incurred by plan in this plan year2025-03-214353
Net assets as of the end of the plan year2025-03-21420033
Total assets as of the beginning of the plan year2025-03-21283512
Participant contributions to plan in this plan year2025-03-2130000
Other income to plan in this plan year2025-03-2144986
Plan net income in this plan year2025-03-21136521
Net assets as of the end of the plan year2025-03-21414802
Net assets as of the beginning of the plan year2025-03-21278281
Employer contributions to plan in this plan year2025-03-2165888
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-214353
2020 : MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$103,414
Expenses. Total of all expenses incurred2020-12-31$667
Total plan assets at end of year2020-12-31$102,747
Total plan assets at beginning of year2020-12-31$0
Total contributions received or receivable from participants2020-12-31$72,402
Other income received2020-12-31$12,192
Net income (gross income less expenses)2020-12-31$102,747
Net plan assets at end of year (total assets less liabilities)2020-12-31$102,747
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$18,820
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$667

Form 5500 Responses for MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN

2020: MINIMALLY INVASIVE VASCULAR INC 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01First time form 5500 has been submittedYes
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

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