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ADVANCE 401(K) PLAN 401k Plan overview

Plan NameADVANCE 401(K) PLAN
Plan identification number 001

ADVANCE 401(K) 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.
  • 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.
  • Plan covering Self-Employed individuals.
  • 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

ADVANCE SPORTS AND SPINE THERAPY, LLC has sponsored the creation of one or more 401k plans.

Company Name:ADVANCE SPORTS AND SPINE THERAPY, LLC
Employer identification number (EIN):931272098
NAIC Classification:621340
NAIC Description:Offices of Physical, Occupational and Speech Therapists, and Audiologists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ADVANCE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JEFFREY COX2024-07-23
0012022-01-01KIM WRIGHT2023-09-30
0012021-01-01KIM WRIGHT2022-10-10
0012020-01-01KIM WRIGHT2022-01-27
0012019-01-01KIM WRIGHT2020-10-11
0012018-01-01KIM WRIGHT2019-09-30
0012017-01-01KIM WRIGHT2018-10-12
0012016-01-01KIM WRIGHT2017-10-09
0012015-01-01KIM WRIGHT2016-10-11
0012014-01-01KIM WRIGHT2015-09-27
0012013-01-01KIM WRIGHT2014-10-06
0012012-01-01KIM WRIGHT2013-10-09
0012011-01-01KIMBERLY WRIGHT2012-10-01
0012010-01-01KIMBERLY WRIGHT2011-10-14

Plan Statistics for ADVANCE 401(K) PLAN

401k plan membership statisitcs for ADVANCE 401(K) PLAN

Measure Date Value
2024: ADVANCE 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-2429
Total number of particpants at end of year2024-07-2416
Number of Participants With Account Balances2024-07-2416
2022: ADVANCE 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-1029
Total number of particpants at end of year2022-10-1027
Number of Participants With Account Balances2022-10-1027

Financial Data on ADVANCE 401(K) PLAN

Measure Date Value
2024 : ADVANCE 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-24-934122
Total liabilities as of the end of the plan year2024-07-241149
Total liabilities as of the beginning of the plan year2024-07-243200
Total expenses incurred by plan in this plan year2024-07-2478078
Net assets as of the end of the plan year2024-07-241328941
Total assets as of the beginning of the plan year2024-07-242072771
Value of plan covered by a fidelity bond2024-07-24207278
Participant contributions to plan in this plan year2024-07-2443677
Other income to plan in this plan year2024-07-24209885
Plan net income in this plan year2024-07-24192343
Net assets as of the end of the plan year2024-07-241327792
Net assets as of the beginning of the plan year2024-07-242069571
Employer contributions to plan in this plan year2024-07-2416859
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-2419834
2022 : ADVANCE 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-10177171
Net assets as of the end of the plan year2022-10-102320262
Total assets as of the beginning of the plan year2022-10-102002595
Value of plan covered by a fidelity bond2022-10-10200260
Participant contributions to plan in this plan year2022-10-1058617
Other income to plan in this plan year2022-10-10387298
Plan net income in this plan year2022-10-10317667
Net assets as of the end of the plan year2022-10-102320262
Net assets as of the beginning of the plan year2022-10-102002595
Employer contributions to plan in this plan year2022-10-1048923
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-1019380

Potentially related plans

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