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PEACE ARCH CARDIOLOGY, P.C. 401(K) PLAN 401k Plan overview

Plan NamePEACE ARCH CARDIOLOGY, P.C. 401(K) PLAN
Plan identification number 001

PEACE ARCH CARDIOLOGY, P.C. 401(K) 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.
  • 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.
  • 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

PEACE ARCH CARDIOLOGY, P.C. has sponsored the creation of one or more 401k plans.

Company Name:PEACE ARCH CARDIOLOGY, P.C.
Employer identification number (EIN):261937427
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEACE ARCH CARDIOLOGY, P.C. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01RAJESH BHOLA2023-10-13
0012021-01-01RAJESH BHOLA2022-10-17
0012021-01-01RAJESH BHOLA, M.D.2022-10-14
0012020-01-01
0012018-01-01RAJESH BHOLA, M.D.2022-01-07

Financial Data on PEACE ARCH CARDIOLOGY, P.C. 401(K) PLAN

Measure Date Value
2025 : PEACE ARCH CARDIOLOGY, P.C. 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-157404
Total liabilities as of the beginning of the plan year2025-10-151558
Total expenses incurred by plan in this plan year2025-10-158003
Net assets as of the end of the plan year2025-10-15120726
Total assets as of the beginning of the plan year2025-10-1590010
Participant contributions to plan in this plan year2025-10-158803
Other income to plan in this plan year2025-10-1516113
Plan net income in this plan year2025-10-1524870
Net assets as of the end of the plan year2025-10-15113322
Net assets as of the beginning of the plan year2025-10-1588452
Employer contributions to plan in this plan year2025-10-157957
Fees paid to broker by Benefit Provider2025-10-154196
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-154149
2024 : PEACE ARCH CARDIOLOGY, P.C. 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-141558
Total liabilities as of the beginning of the plan year2024-10-141088
Total expenses incurred by plan in this plan year2024-10-143658
Net assets as of the end of the plan year2024-10-1490010
Total assets as of the beginning of the plan year2024-10-1458016
Participant contributions to plan in this plan year2024-10-1410717
Other income to plan in this plan year2024-10-1416656
Plan net income in this plan year2024-10-1431524
Net assets as of the end of the plan year2024-10-1488452
Net assets as of the beginning of the plan year2024-10-1456928
Employer contributions to plan in this plan year2024-10-147809
Fees paid to broker by Benefit Provider2024-10-143658
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-143658
2022 : PEACE ARCH CARDIOLOGY, P.C. 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-10-170
Total expenses incurred by plan in this plan year2022-10-171400
Net assets as of the end of the plan year2022-10-1764629
Total assets as of the beginning of the plan year2022-10-1733238
Value of plan covered by a fidelity bond2022-10-1775000
Participant contributions to plan in this plan year2022-10-1714815
Other contributions to plan in this plan year2022-10-170
Other income to plan in this plan year2022-10-176716
Plan net income in this plan year2022-10-1731391
Net assets as of the end of the plan year2022-10-1764629
Net assets as of the beginning of the plan year2022-10-1733238
Employer contributions to plan in this plan year2022-10-1711260
Fees paid to broker by Benefit Provider2022-10-17341
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-171400

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