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SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameSOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN
Plan identification number 001

SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 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.
  • 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

SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. has sponsored the creation of one or more 401k plans.

Company Name:SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP.
Employer identification number (EIN):954719255
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01STANLEY LAU, M.D. STANLEY LAU, M.D.2013-10-16
0012011-01-01STANLEY LAU, M.D.2012-10-12 STANLEY LAU, M.D.2012-10-12
0012010-01-01STANLEY LAU, M.D.2011-10-10 STANLEY LAU, M.D.2011-10-10
0012009-01-01STANLEY LAU, M.D. STANLEY LAU, M.D.2010-09-21

Plan Statistics for SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN

Measure Date Value
2017: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0142
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0148
Total number of active participants reported on line 7a of the Form 55002016-01-0139
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-013
Total of all active and inactive participants2016-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0142
Number of participants with account balances2016-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0147
Total number of active participants reported on line 7a of the Form 55002015-01-0141
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-013
Total of all active and inactive participants2015-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0144
Number of participants with account balances2015-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0145
Total number of active participants reported on line 7a of the Form 55002014-01-0146
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0148
Number of participants with account balances2014-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0145
Total number of active participants reported on line 7a of the Form 55002013-01-0141
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0142
Number of participants with account balances2013-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0136
Total number of active participants reported on line 7a of the Form 55002012-01-0136
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0138
Number of participants with account balances2012-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2009: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0131
Total number of active participants reported on line 7a of the Form 55002009-01-0128
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0131
Total participants2009-01-0131
Number of participants with account balances2009-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN

Measure Date Value
2017 : SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$189,173
Expenses. Total of all expenses incurred2017-12-31$2,418,973
Benefits paid (including direct rollovers)2017-12-31$2,417,995
Total plan assets at end of year2017-12-31$0
Total plan assets at beginning of year2017-12-31$2,229,800
Value of fidelity bond covering the plan2017-12-31$250,000
Total contributions received or receivable from participants2017-12-31$67,902
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$121,271
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$-2,229,800
Net plan assets at end of year (total assets less liabilities)2017-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,229,800
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$978
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$818,000
2016 : SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$314,975
Expenses. Total of all expenses incurred2016-12-31$333,849
Benefits paid (including direct rollovers)2016-12-31$332,174
Total plan assets at end of year2016-12-31$2,229,800
Total plan assets at beginning of year2016-12-31$2,248,674
Value of fidelity bond covering the plan2016-12-31$250,000
Total contributions received or receivable from participants2016-12-31$144,641
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$170,334
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-18,874
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,229,800
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,248,674
Assets. Value of real-estate (other than employer real property)2016-12-31$769,654
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,675
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$-17,549
Expenses. Total of all expenses incurred2015-12-31$13,469
Benefits paid (including direct rollovers)2015-12-31$11,324
Total plan assets at end of year2015-12-31$2,248,674
Total plan assets at beginning of year2015-12-31$2,279,692
Value of fidelity bond covering the plan2015-12-31$250,000
Total contributions received or receivable from participants2015-12-31$143,511
Expenses. Other expenses not covered elsewhere2015-12-31$2,145
Contributions received from other sources (not participants or employers)2015-12-31$5,036
Other income received2015-12-31$-166,096
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-31,018
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,248,674
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,279,692
Assets. Value of real-estate (other than employer real property)2015-12-31$708,564
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$350,921
Expenses. Total of all expenses incurred2014-12-31$23,212
Benefits paid (including direct rollovers)2014-12-31$23,212
Total plan assets at end of year2014-12-31$2,279,692
Total plan assets at beginning of year2014-12-31$1,951,983
Value of fidelity bond covering the plan2014-12-31$250,000
Total contributions received or receivable from participants2014-12-31$139,208
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$10,065
Other income received2014-12-31$201,648
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$327,709
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,279,692
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,951,983
Assets. Value of real-estate (other than employer real property)2014-12-31$805,390
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$399,685
Expenses. Total of all expenses incurred2013-12-31$14,965
Benefits paid (including direct rollovers)2013-12-31$14,965
Total plan assets at end of year2013-12-31$1,951,983
Total plan assets at beginning of year2013-12-31$1,567,263
Value of fidelity bond covering the plan2013-12-31$250,000
Total contributions received or receivable from participants2013-12-31$169,827
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$165,019
Net income (gross income less expenses)2013-12-31$384,720
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,951,983
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,567,263
Assets. Value of real-estate (other than employer real property)2013-12-31$670,650
Total contributions received or receivable from employer(s)2013-12-31$64,839
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$273,567
Expenses. Total of all expenses incurred2012-12-31$3,509
Benefits paid (including direct rollovers)2012-12-31$25
Total plan assets at end of year2012-12-31$1,567,263
Total plan assets at beginning of year2012-12-31$1,297,205
Value of fidelity bond covering the plan2012-12-31$200,000
Total contributions received or receivable from participants2012-12-31$156,095
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$40,218
Other income received2012-12-31$22,650
Net income (gross income less expenses)2012-12-31$270,058
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,567,263
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,297,205
Assets. Value of real-estate (other than employer real property)2012-12-31$660,984
Total contributions received or receivable from employer(s)2012-12-31$54,604
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$3,484
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0

Form 5500 Responses for SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN

2017: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 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 filingYes
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 – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 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 - TrustYes
2015: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 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 – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2009: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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