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BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 401k Plan overview

Plan NameBENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN
Plan identification number 001

BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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
  • 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

PREMIER CARDIOVASCULAR ASSOCIATES, P.C. has sponsored the creation of one or more 401k plans.

Company Name:PREMIER CARDIOVASCULAR ASSOCIATES, P.C.
Employer identification number (EIN):223591069
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01BENNETT SCHALET
0012015-01-01BENNETT SCHALET
0012014-01-01BENNETT SCHALET
0012013-01-01BENNETT SCHALET
0012012-01-01BENNETT SCHALET
0012011-01-01BENNETT SCHALET
0012009-01-01BENNETT SCHALET

Plan Statistics for BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN

401k plan membership statisitcs for BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN

Measure Date Value
2016: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-017
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-017
Total number of active participants reported on line 7a of the Form 55002015-01-017
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-017
Number of participants with account balances2015-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-018
Total number of active participants reported on line 7a of the Form 55002014-01-017
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-017
Number of participants with account balances2014-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0110
Total number of active participants reported on line 7a of the Form 55002013-01-018
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-018
Number of participants with account balances2013-01-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-018
Total number of active participants reported on line 7a of the Form 55002012-01-017
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 participants2012-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-019
Number of participants with account balances2012-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-017
Total number of active participants reported on line 7a of the Form 55002011-01-015
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-017
Number of participants with account balances2011-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2009: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-016
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-017
Number of participants with account balances2009-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN

Measure Date Value
2016 : BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan2016-12-16$0
Total plan liabilities at end of year2016-12-16$0
Total plan liabilities at beginning of year2016-12-16$2,209
Total income from all sources2016-12-16$46,662
Expenses. Total of all expenses incurred2016-12-16$1,462,060
Benefits paid (including direct rollovers)2016-12-16$1,462,060
Total plan assets at end of year2016-12-16$0
Total plan assets at beginning of year2016-12-16$1,417,607
Value of fidelity bond covering the plan2016-12-16$100,000
Total contributions received or receivable from participants2016-12-16$0
Expenses. Other expenses not covered elsewhere2016-12-16$0
Contributions received from other sources (not participants or employers)2016-12-16$0
Other income received2016-12-16$46,662
Noncash contributions received2016-12-16$0
Net income (gross income less expenses)2016-12-16$-1,415,398
Net plan assets at end of year (total assets less liabilities)2016-12-16$0
Net plan assets at beginning of year (total assets less liabilities)2016-12-16$1,415,398
Total contributions received or receivable from employer(s)2016-12-16$0
Value of certain deemed distributions of participant loans2016-12-16$0
Value of corrective distributions2016-12-16$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-16$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-16$0
2015 : BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$2,209
Total plan liabilities at beginning of year2015-12-31$1,473
Total income from all sources2015-12-31$3,119
Expenses. Total of all expenses incurred2015-12-31$2,209
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$1,417,607
Total plan assets at beginning of year2015-12-31$1,415,961
Value of fidelity bond covering the plan2015-12-31$100,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$3,119
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$910
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,415,398
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,414,488
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$2,209
2014 : BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$1,473
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$37,825
Expenses. Total of all expenses incurred2014-12-31$1,473
Benefits paid (including direct rollovers)2014-12-31$1,473
Total plan assets at end of year2014-12-31$1,415,961
Total plan assets at beginning of year2014-12-31$1,378,136
Value of fidelity bond covering the plan2014-12-31$100,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$37,825
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$36,352
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,414,488
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,378,136
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 : BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$176,908
Expenses. Total of all expenses incurred2013-12-31$4,305
Benefits paid (including direct rollovers)2013-12-31$4,305
Total plan assets at end of year2013-12-31$1,378,136
Total plan assets at beginning of year2013-12-31$1,205,533
Value of fidelity bond covering the plan2013-12-31$100,000
Total contributions received or receivable from participants2013-12-31$0
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$76,539
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$172,603
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,378,136
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,205,533
Total contributions received or receivable from employer(s)2013-12-31$100,369
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
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 : BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$143,309
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$1,205,533
Total plan assets at beginning of year2012-12-31$1,062,224
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$35,354
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$143,309
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,205,533
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,062,224
Total contributions received or receivable from employer(s)2012-12-31$107,955
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
2011 : BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$110,256
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$1,062,224
Total plan assets at beginning of year2011-12-31$951,968
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$4,841
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$110,256
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,062,224
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$951,968
Total contributions received or receivable from employer(s)2011-12-31$105,415
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
2010 : BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$149,939
Expenses. Total of all expenses incurred2010-12-31$27,990
Benefits paid (including direct rollovers)2010-12-31$27,990
Total plan assets at end of year2010-12-31$951,968
Total plan assets at beginning of year2010-12-31$830,019
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$41,077
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$121,949
Net plan assets at end of year (total assets less liabilities)2010-12-31$951,968
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$830,019
Total contributions received or receivable from employer(s)2010-12-31$108,862
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for BENNETT D. SCHALET, D.O., F.A.C.C., P.A. PROFIT SHARING PLAN

2016: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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 filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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
2009: BENNETT D. SCHALET, D.O., F.A.C.C., P.A. 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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