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CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameCENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN
Plan identification number 002

CENTER FOR NETWORK THERAPY, LLP 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.
  • 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

CENTER FOR NETWORK THERAPY, LLP has sponsored the creation of one or more 401k plans.

Company Name:CENTER FOR NETWORK THERAPY, LLP
Employer identification number (EIN):900429545
NAIC Classification:623000
NAIC Description: Nursing and Residential Care Facilities

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01KUMAR CIDAMBI2024-06-17 KUMAR CIDAMBI2024-06-17
0022022-01-01KUMAR CIDAMBI2024-06-17 KUMAR CIDAMBI2024-06-17
0022021-01-01KUMAR CIDAMBI2022-09-14 KUMAR CIDAMBI2022-09-14
0022021-01-01KUMAR CIDAMBI2022-09-14 KUMAR CIDAMBI2022-09-14
0022020-01-01KUMAR CIDAMBI2021-07-26 KUMAR CIDAMBI2021-07-26

Plan Statistics for CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN

Measure Date Value
2025: CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-2633
Total number of particpants at end of year2025-09-2637
Number of Participants With Account Balances2025-09-2630
2024: CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-1722
Total number of particpants at end of year2024-06-1725
Number of Participants With Account Balances2024-06-1724

Financial Data on CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-260
Total liabilities as of the end of the plan year2025-09-260
Total liabilities as of the beginning of the plan year2025-09-260
Total expenses incurred by plan in this plan year2025-09-2647814
Net assets as of the end of the plan year2025-09-261433580
Total assets as of the beginning of the plan year2025-09-261029908
Value of plan covered by a fidelity bond2025-09-26120000
Participant contributions to plan in this plan year2025-09-2662401
Value of participant loans at end of plan year2025-09-265103
Other expenses paid from plan in this plan year2025-09-260
Other contributions to plan in this plan year2025-09-26197904
Other income to plan in this plan year2025-09-26127628
Plan net income in this plan year2025-09-26403672
Net assets as of the end of the plan year2025-09-261433580
Net assets as of the beginning of the plan year2025-09-261029908
Employer contributions to plan in this plan year2025-09-2663553
Fees paid to broker by Benefit Provider2025-09-266440
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-2614069
2024 : CENTER FOR NETWORK THERAPY, LLP 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-170
Total liabilities as of the end of the plan year2024-06-170
Total liabilities as of the beginning of the plan year2024-06-170
Total expenses incurred by plan in this plan year2024-06-1737117
Net assets as of the end of the plan year2024-06-171029908
Total assets as of the beginning of the plan year2024-06-17808801
Value of plan covered by a fidelity bond2024-06-17120000
Participant contributions to plan in this plan year2024-06-1765427
Other expenses paid from plan in this plan year2024-06-170
Other contributions to plan in this plan year2024-06-170
Other income to plan in this plan year2024-06-17127895
Plan net income in this plan year2024-06-17221107
Net assets as of the end of the plan year2024-06-171029908
Net assets as of the beginning of the plan year2024-06-17808801
Employer contributions to plan in this plan year2024-06-1764902
Fees paid to broker by Benefit Provider2024-06-174892
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-1710317

Potentially related plans

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