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MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameMEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

MEDICAL GROUP OF BEVERLY HILLS, INC. 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

MEDICAL GROUP OF BEVERLY HILLS, INC. has sponsored the creation of one or more 401k plans.

Company Name:MEDICAL GROUP OF BEVERLY HILLS, INC.
Employer identification number (EIN):954077334
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01JILL MARTIN2023-10-16 JILL MARTIN2023-10-16
0012021-01-01
0012020-01-01JILL MARTIN2021-10-14 JILL MARTIN2021-10-14
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01ROY VARGA
0012015-01-01ROY VARGA
0012014-01-01THOMAS GORDON
0012014-01-01THOMAS GORDON
0012013-01-01THOMAS GORDON2014-08-29
0012012-01-01THOMAS GORDON2013-07-29 THOMAS GORDON2013-07-29
0012011-01-01THOMAS GORDON2012-08-27
0012010-01-01THOMAS GORDON2012-06-27

Plan Statistics for MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01253
Total number of active participants reported on line 7a of the Form 55002022-01-01224
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0158
Total of all active and inactive participants2022-01-01282
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01282
Number of participants with account balances2022-01-01276
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-017
2021: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01240
Total number of active participants reported on line 7a of the Form 55002021-01-01207
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0146
Total of all active and inactive participants2021-01-01253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01253
Number of participants with account balances2021-01-01249
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-017
2020: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01228
Total number of active participants reported on line 7a of the Form 55002020-01-01206
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0131
Total of all active and inactive participants2020-01-01237
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01237
Number of participants with account balances2020-01-01230
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-019
2019: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01212
Total number of active participants reported on line 7a of the Form 55002019-01-01204
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0121
Total of all active and inactive participants2019-01-01225
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01225
Number of participants with account balances2019-01-01223
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-019
2018: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01201
Total number of active participants reported on line 7a of the Form 55002018-01-01193
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0117
Total of all active and inactive participants2018-01-01210
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01210
Number of participants with account balances2018-01-01202
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01182
Total number of active participants reported on line 7a of the Form 55002017-01-01184
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0117
Total of all active and inactive participants2017-01-01201
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01201
Number of participants with account balances2017-01-01194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-013
2016: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01163
Total number of active participants reported on line 7a of the Form 55002016-01-01159
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0123
Total of all active and inactive participants2016-01-01182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01182
Number of participants with account balances2016-01-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-014
2015: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01140
Total number of active participants reported on line 7a of the Form 55002015-01-01138
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0122
Total of all active and inactive participants2015-01-01160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01160
Number of participants with account balances2015-01-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-015
2014: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01126
Total number of active participants reported on line 7a of the Form 55002014-01-01116
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0122
Total of all active and inactive participants2014-01-01138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01138
Number of participants with account balances2014-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011

Financial Data on MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-11,702,497
Total loss/gain on sale of assets2022-12-31$-2,396,697
Total of all expenses incurred2022-12-31$4,590,257
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$4,537,248
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$7,866,462
Value of total assets at end of year2022-12-31$110,085,981
Value of total assets at beginning of year2022-12-31$126,378,735
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$53,009
Total interest from all sources2022-12-31$42,527
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$3,227,130
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$3,227,130
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$4,149,652
Participant contributions at end of year2022-12-31$249,155
Participant contributions at beginning of year2022-12-31$252,395
Participant contributions at end of year2022-12-31$709
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$2,607,039
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$2,600,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$2,600,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-16,292,754
Value of net assets at end of year (total assets less liabilities)2022-12-31$110,085,981
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$126,378,735
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$103,080,833
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$120,528,881
Interest on participant loans2022-12-31$17,099
Interest earned on other investments2022-12-31$25,428
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$3,155,284
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$1,997,459
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-20,441,919
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,109,771
Employer contributions (assets) at end of year2022-12-31$1,000,000
Employer contributions (assets) at beginning of year2022-12-31$1,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$4,537,248
Contract administrator fees2022-12-31$53,009
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$20,640,929
Aggregate carrying amount (costs) on sale of assets2022-12-31$23,037,626
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2022-12-31952036255
2021 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$22,104,831
Total loss/gain on sale of assets2021-12-31$538,115
Total of all expenses incurred2021-12-31$2,682,189
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,632,814
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$7,534,948
Value of total assets at end of year2021-12-31$126,378,735
Value of total assets at beginning of year2021-12-31$106,956,093
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$49,375
Total interest from all sources2021-12-31$35,689
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$9,949,031
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$9,949,031
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$3,703,364
Participant contributions at end of year2021-12-31$252,395
Participant contributions at beginning of year2021-12-31$272,316
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$2,831,584
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$2,600,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$1,800,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$19,422,642
Value of net assets at end of year (total assets less liabilities)2021-12-31$126,378,735
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$106,956,093
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$120,528,881
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$100,491,749
Interest on participant loans2021-12-31$16,447
Interest earned on other investments2021-12-31$19,242
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$1,997,459
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$2,892,028
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$4,047,048
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$1,000,000
Employer contributions (assets) at end of year2021-12-31$1,000,000
Employer contributions (assets) at beginning of year2021-12-31$1,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,632,814
Contract administrator fees2021-12-31$49,375
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$24,959,174
Aggregate carrying amount (costs) on sale of assets2021-12-31$24,421,059
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2021-12-31952036255
2020 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$24,781,393
Total loss/gain on sale of assets2020-12-31$-431,827
Total of all expenses incurred2020-12-31$3,989,206
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,953,727
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$12,704,422
Value of total assets at end of year2020-12-31$106,956,093
Value of total assets at beginning of year2020-12-31$86,163,906
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$35,479
Total interest from all sources2020-12-31$42,060
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$2,955,912
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$2,955,912
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$3,658,108
Participant contributions at end of year2020-12-31$272,316
Participant contributions at beginning of year2020-12-31$254,177
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$7,546,314
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$1,800,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$1,500,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$20,792,187
Value of net assets at end of year (total assets less liabilities)2020-12-31$106,956,093
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$86,163,906
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$100,491,749
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$81,892,032
Interest on participant loans2020-12-31$17,711
Interest earned on other investments2020-12-31$24,349
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$2,892,028
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$1,017,697
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$9,510,826
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$1,500,000
Employer contributions (assets) at end of year2020-12-31$1,500,000
Employer contributions (assets) at beginning of year2020-12-31$1,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$3,953,727
Contract administrator fees2020-12-31$35,479
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$34,626,187
Aggregate carrying amount (costs) on sale of assets2020-12-31$35,058,014
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2020-12-31952036255
2019 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$24,979
Total income from all sources (including contributions)2019-12-31$23,305,275
Total income from all sources (including contributions)2019-12-31$23,305,275
Total loss/gain on sale of assets2019-12-31$2,839,712
Total loss/gain on sale of assets2019-12-31$2,839,712
Total of all expenses incurred2019-12-31$3,887,895
Total of all expenses incurred2019-12-31$3,887,895
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,825,680
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$3,825,680
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$9,359,959
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$9,359,959
Value of total assets at end of year2019-12-31$86,163,906
Value of total assets at beginning of year2019-12-31$66,771,505
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$62,215
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$62,215
Total interest from all sources2019-12-31$28,753
Total interest from all sources2019-12-31$28,753
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$2,396,514
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$2,396,514
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$2,396,514
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$2,396,514
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$3,421,010
Contributions received from participants2019-12-31$3,421,010
Participant contributions at end of year2019-12-31$254,177
Participant contributions at end of year2019-12-31$254,177
Participant contributions at beginning of year2019-12-31$153,768
Participant contributions at beginning of year2019-12-31$153,768
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$4,438,949
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$4,438,949
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$1,500,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,501,835
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,501,835
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$19,417,380
Value of net income/loss2019-12-31$19,417,380
Value of net assets at end of year (total assets less liabilities)2019-12-31$86,163,906
Value of net assets at end of year (total assets less liabilities)2019-12-31$86,163,906
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$66,746,526
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$66,746,526
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$31,312
Investment advisory and management fees2019-12-31$31,312
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$81,892,032
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$81,892,032
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$62,360,339
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$62,360,339
Interest on participant loans2019-12-31$13,667
Interest on participant loans2019-12-31$13,667
Interest earned on other investments2019-12-31$15,086
Interest earned on other investments2019-12-31$15,086
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$69,577
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$69,577
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$69,577
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$69,577
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,017,697
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,017,697
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,185,986
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,185,986
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$8,680,337
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$8,680,337
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$1,500,000
Contributions received in cash from employer2019-12-31$1,500,000
Employer contributions (assets) at end of year2019-12-31$1,500,000
Employer contributions (assets) at end of year2019-12-31$1,500,000
Employer contributions (assets) at beginning of year2019-12-31$1,500,000
Employer contributions (assets) at beginning of year2019-12-31$1,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,825,680
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$3,825,680
Contract administrator fees2019-12-31$30,903
Contract administrator fees2019-12-31$30,903
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$24,979
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$24,979
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$49,995,298
Aggregate proceeds on sale of assets2019-12-31$49,995,298
Aggregate carrying amount (costs) on sale of assets2019-12-31$47,155,586
Aggregate carrying amount (costs) on sale of assets2019-12-31$47,155,586
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31MILLER KAPLAN ARASE LLP
Accountancy firm name2019-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2019-12-31952036255
Accountancy firm EIN2019-12-31952036255
2018 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$-5,957,499
Total unrealized appreciation/depreciation of assets2018-12-31$-5,957,499
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$24,979
Total income from all sources (including contributions)2018-12-31$5,010,429
Total loss/gain on sale of assets2018-12-31$-306,909
Total of all expenses incurred2018-12-31$1,809,211
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,650,768
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$9,110,735
Value of total assets at end of year2018-12-31$66,771,505
Value of total assets at beginning of year2018-12-31$63,545,308
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$158,443
Total interest from all sources2018-12-31$21,367
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$3,060,736
Participant contributions at end of year2018-12-31$153,768
Participant contributions at beginning of year2018-12-31$142,514
Participant contributions at beginning of year2018-12-31$97,632
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$3,049,999
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$1,501,835
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$500,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$3,201,218
Value of net assets at end of year (total assets less liabilities)2018-12-31$66,746,526
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$63,545,308
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$142,125
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$62,360,339
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$58,424,314
Interest on participant loans2018-12-31$9,741
Interest earned on other investments2018-12-31$11,606
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$69,577
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$282,921
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$282,921
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$20
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$1,185,986
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$1,597,906
Asset value of US Government securities at beginning of year2018-12-31$21
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$2,142,735
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$3,000,000
Employer contributions (assets) at end of year2018-12-31$1,500,000
Employer contributions (assets) at beginning of year2018-12-31$2,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,650,768
Contract administrator fees2018-12-31$16,318
Liabilities. Value of benefit claims payable at end of year2018-12-31$24,979
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$34,743,244
Aggregate carrying amount (costs) on sale of assets2018-12-31$35,050,153
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2018-12-31952036255
2017 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$5,640,552
Total unrealized appreciation/depreciation of assets2017-12-31$5,640,552
Total income from all sources (including contributions)2017-12-31$14,325,722
Total loss/gain on sale of assets2017-12-31$432,924
Total of all expenses incurred2017-12-31$3,298,801
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,154,573
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$6,799,668
Value of total assets at end of year2017-12-31$63,545,308
Value of total assets at beginning of year2017-12-31$52,518,387
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$144,228
Total interest from all sources2017-12-31$19,598
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$2,587,714
Participant contributions at end of year2017-12-31$142,514
Participant contributions at beginning of year2017-12-31$155,570
Participant contributions at end of year2017-12-31$97,632
Participant contributions at beginning of year2017-12-31$83,220
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$1,711,954
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$500,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$62,482
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$11,026,921
Value of net assets at end of year (total assets less liabilities)2017-12-31$63,545,308
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$52,518,387
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$128,551
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$58,424,314
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$48,772,400
Interest on participant loans2017-12-31$8,780
Interest earned on other investments2017-12-31$9,630
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$282,921
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$316,184
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$316,184
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$1,188
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$1,597,906
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$728,489
Asset value of US Government securities at end of year2017-12-31$21
Asset value of US Government securities at beginning of year2017-12-31$42
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,432,980
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$2,500,000
Employer contributions (assets) at end of year2017-12-31$2,500,000
Employer contributions (assets) at beginning of year2017-12-31$2,400,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$3,154,573
Contract administrator fees2017-12-31$15,677
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$8,931,886
Aggregate carrying amount (costs) on sale of assets2017-12-31$8,498,962
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2017-12-31952036255
2016 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$1,694,168
Total unrealized appreciation/depreciation of assets2016-12-31$1,694,168
Total income from all sources (including contributions)2016-12-31$7,239,706
Total loss/gain on sale of assets2016-12-31$-837,121
Total of all expenses incurred2016-12-31$1,173,285
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,054,239
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$5,208,684
Value of total assets at end of year2016-12-31$52,518,387
Value of total assets at beginning of year2016-12-31$46,451,966
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$119,046
Total interest from all sources2016-12-31$19,380
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$2,240,989
Participant contributions at end of year2016-12-31$155,570
Participant contributions at beginning of year2016-12-31$106,566
Participant contributions at end of year2016-12-31$83,220
Participant contributions at beginning of year2016-12-31$36,299
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$567,695
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$62,482
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$6,066,421
Value of net assets at end of year (total assets less liabilities)2016-12-31$52,518,387
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$46,451,966
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Assets. partnership/joint venture interests at end of year2016-12-31$0
Assets. partnership/joint venture interests at beginning of year2016-12-31$583,385
Investment advisory and management fees2016-12-31$110,470
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$48,772,400
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$38,074,489
Interest on participant loans2016-12-31$8,217
Interest earned on other investments2016-12-31$10,057
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$316,184
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$2,398,706
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$2,398,706
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$1,106
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$728,489
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$279,113
Asset value of US Government securities at end of year2016-12-31$42
Asset value of US Government securities at beginning of year2016-12-31$62
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$1,154,595
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$2,400,000
Employer contributions (assets) at end of year2016-12-31$2,400,000
Employer contributions (assets) at beginning of year2016-12-31$3,800,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,054,239
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$49,860
Contract administrator fees2016-12-31$8,576
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$1,123,486
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$27,928,997
Aggregate carrying amount (costs) on sale of assets2016-12-31$28,766,118
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2016-12-31952036255
2015 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-2,940,575
Total unrealized appreciation/depreciation of assets2015-12-31$-2,940,575
Total income from all sources (including contributions)2015-12-31$5,918,171
Total loss/gain on sale of assets2015-12-31$-9,651
Total of all expenses incurred2015-12-31$2,362,124
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$2,301,399
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$6,451,934
Value of total assets at end of year2015-12-31$46,451,966
Value of total assets at beginning of year2015-12-31$42,895,919
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$60,725
Total interest from all sources2015-12-31$14,700
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$1,203,526
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,874,019
Participant contributions at end of year2015-12-31$106,566
Participant contributions at beginning of year2015-12-31$88,556
Participant contributions at end of year2015-12-31$36,299
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$777,915
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$3,556,047
Value of net assets at end of year (total assets less liabilities)2015-12-31$46,451,966
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$42,895,919
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Assets. partnership/joint venture interests at end of year2015-12-31$583,385
Assets. partnership/joint venture interests at beginning of year2015-12-31$842,177
Investment advisory and management fees2015-12-31$96,207
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$38,074,489
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$17,556,007
Value of interest in pooled separate accounts at end of year2015-12-31$0
Value of interest in pooled separate accounts at beginning of year2015-12-31$19,493,411
Interest on participant loans2015-12-31$4,888
Interest earned on other investments2015-12-31$1,739
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$2,398,706
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$506,997
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$506,997
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$8,073
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$279,113
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$9,694
Asset value of US Government securities at end of year2015-12-31$62
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$678,401
Net investment gain/loss from pooled separate accounts2015-12-31$519,836
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$3,800,000
Employer contributions (assets) at end of year2015-12-31$3,800,000
Employer contributions (assets) at beginning of year2015-12-31$3,125,000
Income. Dividends from common stock2015-12-31$1,203,526
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$2,301,399
Asset. Corporate debt instrument debt (other) at end of year2015-12-31$49,860
Asset. Corporate debt instrument debt (other) at beginning of year2015-12-31$51,760
Contract administrator fees2015-12-31$-35,482
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$1,123,486
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$1,222,317
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$1,464,282
Aggregate carrying amount (costs) on sale of assets2015-12-31$1,473,933
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2015-12-31952036255
2014 : MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-910,810
Total unrealized appreciation/depreciation of assets2014-12-31$-910,810
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$152,423
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$48,899
Total income from all sources (including contributions)2014-12-31$6,947,744
Total loss/gain on sale of assets2014-12-31$133,500
Total of all expenses incurred2014-12-31$674,941
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$631,405
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$5,108,919
Value of total assets at end of year2014-12-31$42,896,968
Value of total assets at beginning of year2014-12-31$36,520,641
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$43,536
Total interest from all sources2014-12-31$459,882
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$1,122,765
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$1,022,767
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,537,792
Participant contributions at end of year2014-12-31$88,557
Participant contributions at beginning of year2014-12-31$88,370
Participant contributions at end of year2014-12-31$1,048
Participant contributions at beginning of year2014-12-31$695
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$446,127
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$1
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$1
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$45,512
Administrative expenses (other) incurred2014-12-31$5,747
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$6,272,803
Value of net assets at end of year (total assets less liabilities)2014-12-31$42,744,545
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$36,471,742
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Assets. partnership/joint venture interests at end of year2014-12-31$842,177
Assets. partnership/joint venture interests at beginning of year2014-12-31$780,016
Investment advisory and management fees2014-12-31$83,055
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$17,321,642
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$13,159,221
Value of interest in pooled separate accounts at end of year2014-12-31$19,493,411
Value of interest in pooled separate accounts at beginning of year2014-12-31$16,722,479
Interest on participant loans2014-12-31$5,471
Interest earned on other investments2014-12-31$890
Income. Interest from US Government securities2014-12-31$8
Income. Interest from corporate debt instruments2014-12-31$452,322
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$741,362
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$721,528
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$721,528
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$1,191
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$9,694
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$139,806
Asset value of US Government securities at end of year2014-12-31$79
Asset value of US Government securities at beginning of year2014-12-31$95
Net investment gain/loss from pooled separate accounts2014-12-31$1,033,488
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$3,125,000
Employer contributions (assets) at end of year2014-12-31$3,125,000
Employer contributions (assets) at beginning of year2014-12-31$1,925,000
Income. Dividends from common stock2014-12-31$99,998
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$631,405
Asset. Corporate debt instrument debt (other) at end of year2014-12-31$51,760
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$624,800
Contract administrator fees2014-12-31$-45,266
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$2,064,414
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$3,138,646
Liabilities. Value of benefit claims payable at end of year2014-12-31$152,423
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$3,387
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$3,985,151
Aggregate carrying amount (costs) on sale of assets2014-12-31$3,851,651
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31MILLER KAPLAN ARASE LLP
Accountancy firm EIN2014-12-31952036255

Form 5500 Responses for MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN

2022: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number372864-01
Policy instance 1
Insurance contract or identification number372864-01
Number of Individuals Covered40
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number372864-01
Policy instance 1
Insurance contract or identification number372864-01
Number of Individuals Covered39
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number372864-01
Policy instance 1
Insurance contract or identification number372864-01
Number of Individuals Covered42
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number372864-01
Policy instance 1
Insurance contract or identification number372864-01
Number of Individuals Covered43
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number372864-01
Policy instance 1
Insurance contract or identification number372864-01
Number of Individuals Covered30
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number372864-01
Policy instance 1
Insurance contract or identification number372864-01
Number of Individuals Covered24
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number372864-01
Policy instance 1
Insurance contract or identification number372864-01
Number of Individuals Covered8
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number60710
Policy instance 2
Insurance contract or identification number60710
Number of Individuals Covered0
Insurance policy start date2015-01-01
Insurance policy end date2015-07-13
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $3,015
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees3015
Additional information about fees paid to insurance brokerADMINISTRATION
Insurance broker organization code?5
Insurance broker nameQBI, LLC
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number60710
Policy instance 1
Insurance contract or identification number60710
Number of Individuals Covered114
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $9,907
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractGROUP ANNUITY
Amount paid for insurance broker fees9907
Additional information about fees paid to insurance brokerADMINISTRATION
Insurance broker organization code?5
Insurance broker nameQBI, LLC

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