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WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameWELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN
Plan identification number 003

WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SPECIALTY PHYSICIANS OF ILLINOIS, LLC has sponsored the creation of one or more 401k plans.

Company Name:SPECIALTY PHYSICIANS OF ILLINOIS, LLC
Employer identification number (EIN):050540914
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032012-01-01TONY BANDA
0032011-01-01TOM SENASAC
0032010-01-01TOM SENASAC
0032009-01-01TOM SENESAC

Plan Statistics for WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN

Measure Date Value
2012: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01565
Total number of active participants reported on line 7a of the Form 55002012-01-01387
Number of retired or separated participants receiving benefits2012-01-0111
Number of other retired or separated participants entitled to future benefits2012-01-0174
Total of all active and inactive participants2012-01-01472
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-013
Total participants2012-01-01475
Number of participants with account balances2012-01-01460
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-019
2011: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01644
Total number of active participants reported on line 7a of the Form 55002011-01-01483
Number of retired or separated participants receiving benefits2011-01-018
Number of other retired or separated participants entitled to future benefits2011-01-0172
Total of all active and inactive participants2011-01-01563
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-01565
Number of participants with account balances2011-01-01475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0128
2010: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01642
Total number of active participants reported on line 7a of the Form 55002010-01-01531
Number of retired or separated participants receiving benefits2010-01-017
Number of other retired or separated participants entitled to future benefits2010-01-01104
Total of all active and inactive participants2010-01-01642
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-012
Total participants2010-01-01644
Number of participants with account balances2010-01-01530
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0118
2009: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01862
Total number of active participants reported on line 7a of the Form 55002009-01-01533
Number of retired or separated participants receiving benefits2009-01-016
Number of other retired or separated participants entitled to future benefits2009-01-01101
Total of all active and inactive participants2009-01-01640
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-012
Total participants2009-01-01642
Number of participants with account balances2009-01-01512
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0120

Financial Data on WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN

Measure Date Value
2012 : WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$7,605,163
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$4,906,201
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$4,892,897
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,845,220
Value of total assets at end of year2012-12-31$48,416,262
Value of total assets at beginning of year2012-12-31$45,717,300
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$13,304
Total interest from all sources2012-12-31$13,880
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$846,593
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$846,593
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,115,103
Participant contributions at end of year2012-12-31$434,488
Participant contributions at beginning of year2012-12-31$410,911
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$11,232
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$3,256
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$649
Other income not declared elsewhere2012-12-31$1,000
Administrative expenses (other) incurred2012-12-31$13,304
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,698,962
Value of net assets at end of year (total assets less liabilities)2012-12-31$48,416,262
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$45,717,300
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$46,253,537
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$43,263,147
Interest on participant loans2012-12-31$13,880
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$3,898,470
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,726,861
Employer contributions (assets) at end of year2012-12-31$1,728,237
Employer contributions (assets) at beginning of year2012-12-31$2,032,010
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$4,892,248
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31CROWE HORWATH LLP
Accountancy firm EIN2012-12-31350921680
2011 : WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$3,700,807
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$2,748,405
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$2,734,165
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$3,248,335
Value of total assets at end of year2011-12-31$45,717,300
Value of total assets at beginning of year2011-12-31$44,764,898
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$14,240
Total interest from all sources2011-12-31$17,680
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$826,759
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$826,759
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,214,617
Participant contributions at end of year2011-12-31$410,911
Participant contributions at beginning of year2011-12-31$431,591
Participant contributions at end of year2011-12-31$11,232
Participant contributions at beginning of year2011-12-31$13,813
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$1,708
Other income not declared elsewhere2011-12-31$1,945
Administrative expenses (other) incurred2011-12-31$14,240
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$952,402
Value of net assets at end of year (total assets less liabilities)2011-12-31$45,717,300
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$44,764,898
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$43,263,147
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$43,113,583
Interest on participant loans2011-12-31$17,680
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-393,912
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$2,032,010
Employer contributions (assets) at end of year2011-12-31$2,032,010
Employer contributions (assets) at beginning of year2011-12-31$1,205,911
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$2,734,165
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31CROWE HORWATH LLP
Accountancy firm EIN2011-12-31350921680
2010 : WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$7,146,469
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,292,684
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,189,688
Value of total corrective distributions2010-12-31$88,213
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,529,867
Value of total assets at end of year2010-12-31$44,764,898
Value of total assets at beginning of year2010-12-31$38,911,113
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$14,783
Total interest from all sources2010-12-31$18,516
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$775,359
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$775,359
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,323,956
Participant contributions at end of year2010-12-31$431,591
Participant contributions at beginning of year2010-12-31$452,119
Participant contributions at end of year2010-12-31$13,813
Participant contributions at beginning of year2010-12-31$14,562
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$2,388
Other income not declared elsewhere2010-12-31$4,416
Administrative expenses (other) incurred2010-12-31$14,783
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$5,853,785
Value of net assets at end of year (total assets less liabilities)2010-12-31$44,764,898
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$38,911,113
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$43,113,583
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$36,583,762
Interest on participant loans2010-12-31$18,516
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$3,818,311
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,205,911
Employer contributions (assets) at end of year2010-12-31$1,205,911
Employer contributions (assets) at beginning of year2010-12-31$1,860,670
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,187,300
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31CROWE CHIZEK
Accountancy firm EIN2010-12-31350921680

Form 5500 Responses for WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN

2012: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
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
2011: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: WELLGROUP HEALTHPARTNERS, LLC EMPLOYEES' 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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