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VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameVARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN
Plan identification number 001

VARBLE ORTHODONTICS 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

VARBLE ORTHODONTICS has sponsored the creation of one or more 401k plans.

Company Name:VARBLE ORTHODONTICS
Employer identification number (EIN):273205351
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01ZACHARY VARBLE2022-05-23 ZACHARY VARBLE2022-05-23
0012020-01-01ZACHARY VARBLE2021-06-04 ZACHARY VARBLE2021-06-04
0012019-01-01ZACHARY VARBLE2020-03-30 ZACHARY VARBLE2020-03-30
0012018-01-01ZACHARY VARBLE ZACHARY VARBLE2019-03-22
0012017-01-01ZACHARY VARBLE ZACHARY VARBLE2018-04-02
0012016-01-01
0012015-01-01
0012014-01-01ZACHARY VARBLE2015-10-07
0012013-01-01ZACHARY VARBLE2014-10-13

Plan Statistics for VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN

Measure Date Value
2018: VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0110
Total number of active participants reported on line 7a of the Form 55002018-01-019
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-019
Number of participants with account balances2018-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0111
Total number of active participants reported on line 7a of the Form 55002017-01-017
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-019
Number of participants with account balances2017-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011

Financial Data on VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN

Measure Date Value
2018 : VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$77,770
Expenses. Total of all expenses incurred2018-12-31$6,831
Benefits paid (including direct rollovers)2018-12-31$2,492
Total plan assets at end of year2018-12-31$346,952
Total plan assets at beginning of year2018-12-31$276,013
Value of fidelity bond covering the plan2018-12-31$35,000
Total contributions received or receivable from participants2018-12-31$43,666
Expenses. Other expenses not covered elsewhere2018-12-31$2,996
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-31,576
Net income (gross income less expenses)2018-12-31$70,939
Net plan assets at end of year (total assets less liabilities)2018-12-31$346,952
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$276,013
Total contributions received or receivable from employer(s)2018-12-31$65,680
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,343
2017 : VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$111,662
Expenses. Total of all expenses incurred2017-12-31$586
Benefits paid (including direct rollovers)2017-12-31$586
Total plan assets at end of year2017-12-31$276,013
Total plan assets at beginning of year2017-12-31$164,937
Value of fidelity bond covering the plan2017-12-31$30,000
Total contributions received or receivable from participants2017-12-31$31,063
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$27,582
Net income (gross income less expenses)2017-12-31$111,076
Net plan assets at end of year (total assets less liabilities)2017-12-31$276,013
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$164,937
Total contributions received or receivable from employer(s)2017-12-31$53,017
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0

Form 5500 Responses for VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN

2018: VARBLE ORTHODONTICS 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: VARBLE ORTHODONTICS 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 filingNo
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 – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan 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 number123382
Policy instance 1
Insurance contract or identification number123382
Insurance policy start date2018-01-01
Insurance policy end date2018-05-14
Total amount of commissions paid to insurance brokerUSD $559
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 $518
Insurance broker organization code?3
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number123382
Policy instance 1
Insurance contract or identification number123382
Number of Individuals Covered9
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $1,510
Total amount of fees paid to insurance companyUSD $150
Commission paid to Insurance BrokerUSD $908
Insurance broker organization code?3
Amount paid for insurance broker fees150
Additional information about fees paid to insurance brokerDISTRIBUTION FEES
Insurance broker nameNORTHWESTERN MUTUAL INVESTMENT SVCS

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