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EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 401k Plan overview

Plan NameEMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C
Plan identification number 001

EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 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

PONDEROSA FAMILY PHYSICIANS, P.C has sponsored the creation of one or more 401k plans.

Company Name:PONDEROSA FAMILY PHYSICIANS, P.C
Employer identification number (EIN):841037195
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01STEVE ELLIOTT2024-09-30
0012022-01-01STEVE ELLIOTT2023-10-04
0012021-01-01STEVE ELLIOTT2022-09-08
0012020-01-01STEVE ELLIOTT2021-07-23
0012019-01-01STEVE ELLIOTT2020-07-14
0012018-01-01STEVE ELLIOTT2019-06-10
0012017-01-01STEVE ELLIOTT2018-07-12
0012016-01-01STEVE ELLIOTT2017-06-05
0012015-01-01STEVE ELLIOTT2016-06-22
0012014-01-01STEVE ELLIOTT2015-06-30
0012013-01-01STEVE ELLIOTT2014-06-26
0012012-01-01STEVE ELLIOTT2013-07-23
0012011-01-01STEVE ELLIOTT2012-07-26
0012010-01-01JOHN DRAPER MD
0012009-01-01JOHN DRAPER MD2010-10-08

Plan Statistics for EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C

401k plan membership statisitcs for EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C

Measure Date Value
2025: EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2025 401k membership
Total number of particpants at beginning of year2025-05-2230
Total number of particpants at end of year2025-05-2236
Number of Participants With Account Balances2025-05-2235
2024: EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2024 401k membership
Total number of particpants at beginning of year2024-09-3026
Total number of particpants at end of year2024-09-3030
Number of Participants With Account Balances2024-09-3025
2010: EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2010 401k membership
Total participants, beginning-of-year2010-01-0131
Total number of active participants reported on line 7a of the Form 55002010-01-0133
Number of retired or separated participants receiving benefits2010-01-017
Total of all active and inactive participants2010-01-0140
Total participants2010-01-0140
Number of participants with account balances2010-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2009 401k membership
Total participants, beginning-of-year2009-01-0135
Total number of active participants reported on line 7a of the Form 55002009-01-0131
Number of retired or separated participants receiving benefits2009-01-014
Total of all active and inactive participants2009-01-0135
Total participants2009-01-0135
Number of participants with account balances2009-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C

Measure Date Value
2025 : EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-22237568
Net assets as of the end of the plan year2025-05-228344271
Total assets as of the beginning of the plan year2025-05-227082303
Value of plan covered by a fidelity bond2025-05-22500000
Participant contributions to plan in this plan year2025-05-22205363
Value of participant loans at end of plan year2025-05-2216986
Other income to plan in this plan year2025-05-221030295
Plan net income in this plan year2025-05-221261968
Net assets as of the end of the plan year2025-05-228344271
Net assets as of the beginning of the plan year2025-05-227082303
Employer contributions to plan in this plan year2025-05-22263878
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-22761
2024 : EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-302105866
Net assets as of the end of the plan year2024-09-307082303
Total assets as of the beginning of the plan year2024-09-307616685
Value of plan covered by a fidelity bond2024-09-30500000
Participant contributions to plan in this plan year2024-09-30186534
Value of participant loans at end of plan year2024-09-302027
Other income to plan in this plan year2024-09-301134431
Plan net income in this plan year2024-09-30-534382
Net assets as of the end of the plan year2024-09-307082303
Net assets as of the beginning of the plan year2024-09-307616685
Employer contributions to plan in this plan year2024-09-30250519
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-30440
2010 : EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2010 401k financial data
Total plan liabilities at end of year2010-12-31$39,038
Total plan liabilities at beginning of year2010-12-31$41,135
Total income from all sources2010-12-31$611,285
Expenses. Total of all expenses incurred2010-12-31$218,900
Benefits paid (including direct rollovers)2010-12-31$202,150
Total plan assets at end of year2010-12-31$3,028,587
Total plan assets at beginning of year2010-12-31$2,638,299
Expenses. Other expenses not covered elsewhere2010-12-31$16,750
Other income received2010-12-31$340,182
Net income (gross income less expenses)2010-12-31$392,385
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,989,549
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,597,164
Total contributions received or receivable from employer(s)2010-12-31$271,103

Form 5500 Responses for EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C

2010: EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: EMPLOYEE PROFIT SHARING PLAN OF PONDEROSA FAMILY PHYSICIANS, P.C 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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