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SOUND MEDICAL CENTER 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameSOUND MEDICAL CENTER 401K PROFIT SHARING PLAN
Plan identification number 001

SOUND MEDICAL CENTER 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

SOUND MEDICAL CENTER has sponsored the creation of one or more 401k plans.

Company Name:SOUND MEDICAL CENTER
Employer identification number (EIN):911891770
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUND MEDICAL CENTER 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01DOUG SHIN KIM2020-08-27
0012018-01-01DOUG SHIN KIM2021-02-12
0012017-01-01DOUG SHIN KIM2018-10-18
0012016-01-01DOUG SHIN KIM2017-10-19
0012015-01-01DOUG SHIN KIM2016-10-16

Financial Data on SOUND MEDICAL CENTER 401K PROFIT SHARING PLAN

Measure Date Value
2025 : SOUND MEDICAL CENTER 401K PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-150
Net assets as of the end of the plan year2025-10-15738060
Total assets as of the beginning of the plan year2025-10-15452912
Value of plan covered by a fidelity bond2025-10-1550000
Participant contributions to plan in this plan year2025-10-1561000
Other expenses paid from plan in this plan year2025-10-150
Other income to plan in this plan year2025-10-15197019
Plan net income in this plan year2025-10-15285148
Net assets as of the end of the plan year2025-10-15738060
Net assets as of the beginning of the plan year2025-10-15452912
Employer contributions to plan in this plan year2025-10-1527129
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-150
2024 : SOUND MEDICAL CENTER 401K PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-192784
Net assets as of the end of the plan year2024-06-19452912
Total assets as of the beginning of the plan year2024-06-19368573
Value of plan covered by a fidelity bond2024-06-1950000
Participant contributions to plan in this plan year2024-06-1960000
Other expenses paid from plan in this plan year2024-06-190
Other income to plan in this plan year2024-06-196598
Plan net income in this plan year2024-06-1984339
Net assets as of the end of the plan year2024-06-19452912
Net assets as of the beginning of the plan year2024-06-19368573
Employer contributions to plan in this plan year2024-06-1920525
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-190
2022 : SOUND MEDICAL CENTER 401K PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-23550
Net assets as of the end of the plan year2022-05-23415624
Total assets as of the beginning of the plan year2022-05-23357280
Participant contributions to plan in this plan year2022-05-2328800
Other expenses paid from plan in this plan year2022-05-23550
Other income to plan in this plan year2022-05-2319918
Plan net income in this plan year2022-05-2358344
Net assets as of the end of the plan year2022-05-23415624
Net assets as of the beginning of the plan year2022-05-23357280
Employer contributions to plan in this plan year2022-05-2310176
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-230

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