?>
Logo

GENESIS MED SPA, LLC 401(K)PLAN 401k Plan overview

Plan NameGENESIS MED SPA, LLC 401(K)PLAN
Plan identification number 001

GENESIS MED SPA, LLC 401(K)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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

GENESIS MED SPA, LLC has sponsored the creation of one or more 401k plans.

Company Name:GENESIS MED SPA, LLC
Employer identification number (EIN):208978316
NAIC Classification:621399
NAIC Description:Offices of All Other Miscellaneous Health Practitioners

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GENESIS MED SPA, LLC 401(K)PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-08-15

Plan Statistics for GENESIS MED SPA, LLC 401(K)PLAN

401k plan membership statisitcs for GENESIS MED SPA, LLC 401(K)PLAN

Measure Date Value
2022: GENESIS MED SPA, LLC 401(K)PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0124
Total number of active participants reported on line 7a of the Form 55002022-01-0116
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0111
Total of all active and inactive participants2022-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0127
Number of participants with account balances2022-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: GENESIS MED SPA, LLC 401(K)PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0115
Total number of active participants reported on line 7a of the Form 55002021-01-0118
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-016
Total of all active and inactive participants2021-01-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0124
Number of participants with account balances2021-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: GENESIS MED SPA, LLC 401(K)PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0116
Total number of active participants reported on line 7a of the Form 55002020-01-0113
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-015
Total of all active and inactive participants2020-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0118
Number of participants with account balances2020-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: GENESIS MED SPA, LLC 401(K)PLAN 2019 401k membership
Total participants, beginning-of-year2019-08-150
Total number of active participants reported on line 7a of the Form 55002019-08-1515
Number of retired or separated participants receiving benefits2019-08-150
Number of other retired or separated participants entitled to future benefits2019-08-151
Total of all active and inactive participants2019-08-1516
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-08-150
Total participants2019-08-1516
Number of participants with account balances2019-08-155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-08-150

Financial Data on GENESIS MED SPA, LLC 401(K)PLAN

Measure Date Value
2022 : GENESIS MED SPA, LLC 401(K)PLAN 2022 401k financial data
Total income from all sources2022-12-31$74,088
Expenses. Total of all expenses incurred2022-12-31$2,088
Benefits paid (including direct rollovers)2022-12-31$2,088
Total plan assets at end of year2022-12-31$199,087
Total plan assets at beginning of year2022-12-31$127,087
Value of fidelity bond covering the plan2022-12-31$50,000
Total contributions received or receivable from participants2022-12-31$31,670
Contributions received from other sources (not participants or employers)2022-12-31$48,801
Other income received2022-12-31$-23,938
Net income (gross income less expenses)2022-12-31$72,000
Net plan assets at end of year (total assets less liabilities)2022-12-31$199,087
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$127,087
Total contributions received or receivable from employer(s)2022-12-31$17,555
2021 : GENESIS MED SPA, LLC 401(K)PLAN 2021 401k financial data
Total income from all sources2021-12-31$68,828
Expenses. Total of all expenses incurred2021-12-31$6,853
Benefits paid (including direct rollovers)2021-12-31$5,670
Total plan assets at end of year2021-12-31$127,087
Total plan assets at beginning of year2021-12-31$65,112
Value of fidelity bond covering the plan2021-12-31$50,000
Total contributions received or receivable from participants2021-12-31$28,622
Other income received2021-12-31$12,083
Net income (gross income less expenses)2021-12-31$61,975
Net plan assets at end of year (total assets less liabilities)2021-12-31$127,087
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$65,112
Total contributions received or receivable from employer(s)2021-12-31$28,123
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$1,183
2020 : GENESIS MED SPA, LLC 401(K)PLAN 2020 401k financial data
Total income from all sources2020-12-31$48,054
Total plan assets at end of year2020-12-31$65,112
Total plan assets at beginning of year2020-12-31$17,058
Value of fidelity bond covering the plan2020-12-31$50,000
Total contributions received or receivable from participants2020-12-31$26,942
Other income received2020-12-31$8,098
Net income (gross income less expenses)2020-12-31$48,054
Net plan assets at end of year (total assets less liabilities)2020-12-31$65,112
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$17,058
Total contributions received or receivable from employer(s)2020-12-31$13,014
2019 : GENESIS MED SPA, LLC 401(K)PLAN 2019 401k financial data
Total income from all sources2019-12-31$17,058
Total plan assets at end of year2019-12-31$17,058
Total plan assets at beginning of year2019-12-31$0
Value of fidelity bond covering the plan2019-12-31$50,000
Total contributions received or receivable from participants2019-12-31$11,741
Other income received2019-12-31$531
Net income (gross income less expenses)2019-12-31$17,058
Net plan assets at end of year (total assets less liabilities)2019-12-31$17,058
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$0
Total contributions received or receivable from employer(s)2019-12-31$4,786

Form 5500 Responses for GENESIS MED SPA, LLC 401(K)PLAN

2022: GENESIS MED SPA, LLC 401(K)PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
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: GENESIS MED SPA, LLC 401(K)PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
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: GENESIS MED SPA, LLC 401(K)PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
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: GENESIS MED SPA, LLC 401(K)PLAN 2019 form 5500 responses
2019-08-15Type of plan entitySingle employer plan
2019-08-15First time form 5500 has been submittedYes
2019-08-15This return/report is a short plan year return/report (less than 12 months)Yes
2019-08-15Plan funding arrangement – InsuranceYes
2019-08-15Plan funding arrangement – TrustYes
2019-08-15Plan benefit arrangement – InsuranceYes
2019-08-15Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number141112
Policy instance 1
Insurance contract or identification number141112
Number of Individuals Covered21
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $42
Total amount of fees paid to insurance companyUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $42
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number141112
Policy instance 1
Insurance contract or identification number141112
Number of Individuals Covered21
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 $42
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees42
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number141112
Policy instance 1
Insurance contract or identification number141112
Number of Individuals Covered6
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $277
Total amount of fees paid to insurance companyUSD $360
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees360
Insurance broker organization code?5
Commission paid to Insurance BrokerUSD $277
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number141112
Policy instance 1
Insurance contract or identification number141112
Number of Individuals Covered5
Insurance policy start date2019-08-15
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $18
Total amount of fees paid to insurance companyUSD $108
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees108
Insurance broker organization code?5
Commission paid to Insurance BrokerUSD $9

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3