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WEST VIRGINIA SPINE CENTER 401K RETIREMENT PLAN 401k Plan overview

Plan NameWEST VIRGINIA SPINE CENTER 401K RETIREMENT PLAN
Plan identification number 001

WEST VIRGINIA SPINE CENTER 401K 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

WEST VIRGINIA SPINE CENTER, PLLC has sponsored the creation of one or more 401k plans.

Company Name:WEST VIRGINIA SPINE CENTER, PLLC
Employer identification number (EIN):872562107
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST VIRGINIA SPINE CENTER 401K RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-10-01JAIMINI PATEL2023-10-12

Financial Data on WEST VIRGINIA SPINE CENTER 401K RETIREMENT PLAN

Measure Date Value
2025 : WEST VIRGINIA SPINE CENTER 401K RETIREMENT PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-171714
Net assets as of the end of the plan year2025-03-17480391
Total assets as of the beginning of the plan year2025-03-17252009
Value of plan covered by a fidelity bond2025-03-1748039
Participant contributions to plan in this plan year2025-03-1790825
Value of participant loans at end of plan year2025-03-171016
Other income to plan in this plan year2025-03-1740075
Plan net income in this plan year2025-03-17228382
Net assets as of the end of the plan year2025-03-17480391
Net assets as of the beginning of the plan year2025-03-17252009
Employer contributions to plan in this plan year2025-03-1799196
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-171714
2024 : WEST VIRGINIA SPINE CENTER 401K RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-06301
Net assets as of the end of the plan year2024-09-06252009
Total assets as of the beginning of the plan year2024-09-066304
Value of plan covered by a fidelity bond2024-09-0630000
Participant contributions to plan in this plan year2024-09-06132521
Other income to plan in this plan year2024-09-0617526
Plan net income in this plan year2024-09-06245705
Net assets as of the end of the plan year2024-09-06252009
Net assets as of the beginning of the plan year2024-09-066304
Employer contributions to plan in this plan year2024-09-0695959
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-06301

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