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THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 401k Plan overview

Plan NameTHE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN
Plan identification number 004

THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

RELIANT MSO, LLC has sponsored the creation of one or more 401k plans.

Company Name:RELIANT MSO, LLC
Employer identification number (EIN):823745100
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about RELIANT MSO, LLC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2015-07-16
Company Identification Number: 0802255010
Legal Registered Office Address: 12808 WEST AIRPORT BLVD.

STE. 303P SUGAR LAND
United States of America (USA)
77478

More information about RELIANT MSO, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042018-01-01DAVID E. STRAUSS2019-08-29

Plan Statistics for THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

401k plan membership statisitcs for THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

Measure Date Value
2018: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01582
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

Measure Date Value
2018 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-11-19$0
Total transfer of assets from this plan2018-11-19$34,674,823
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-11-19$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-11-19$0
Total income from all sources (including contributions)2018-11-19$497,630
Total loss/gain on sale of assets2018-11-19$0
Total of all expenses incurred2018-11-19$4,907,870
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-11-19$4,770,298
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-11-19$0
Value of total assets at end of year2018-11-19$0
Value of total assets at beginning of year2018-11-19$39,085,063
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-11-19$137,572
Total interest from all sources2018-11-19$10,425
Total dividends received (eg from common stock, registered investment company shares)2018-11-19$263,536
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-11-19No
Total dividends received from registered investment company shares (eg mutual funds)2018-11-19$263,536
Was this plan covered by a fidelity bond2018-11-19Yes
Value of fidelity bond cover2018-11-19$500,000
If this is an individual account plan, was there a blackout period2018-11-19No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-11-19$0
Were there any nonexempt tranactions with any party-in-interest2018-11-19No
Participant contributions at end of year2018-11-19$0
Participant contributions at beginning of year2018-11-19$286,635
Other income not declared elsewhere2018-11-19$40
Administrative expenses (other) incurred2018-11-19$137,572
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-11-19No
Value of net income/loss2018-11-19$-4,410,240
Value of net assets at end of year (total assets less liabilities)2018-11-19$0
Value of net assets at beginning of year (total assets less liabilities)2018-11-19$39,085,063
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-11-19No
Were any loans by the plan or fixed income obligations due to the plan in default2018-11-19No
Were any leases to which the plan was party in default or uncollectible2018-11-19No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-11-19$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-11-19$34,066,513
Interest on participant loans2018-11-19$10,425
Value of interest in common/collective trusts at end of year2018-11-19$0
Value of interest in common/collective trusts at beginning of year2018-11-19$4,731,915
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-11-19$198,457
Net investment gain or loss from common/collective trusts2018-11-19$25,172
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-11-19No
Was there a failure to transmit to the plan any participant contributions2018-11-19Yes
Has the plan failed to provide any benefit when due under the plan2018-11-19No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-11-19$4,770,298
Did the plan have assets held for investment2018-11-19No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-11-19No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-11-19Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-11-19Yes
Opinion of an independent qualified public accountant for this plan2018-11-19Disclaimer
Accountancy firm name2018-11-19CARON & BLETZER, PLLC
Accountancy firm EIN2018-11-19043499945

Form 5500 Responses for THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

2018: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingYes
2018-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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