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PERMIAN CARDIOLOGY 401K PROFIT SHARING PLAN 401k Plan overview

Plan NamePERMIAN CARDIOLOGY 401K PROFIT SHARING PLAN
Plan identification number 002

PERMIAN CARDIOLOGY 401K 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.

401k Sponsoring company profile

PERMIAN CARDIOLOGY, INC. has sponsored the creation of one or more 401k plans.

Company Name:PERMIAN CARDIOLOGY, INC.
Employer identification number (EIN):274061759
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about PERMIAN CARDIOLOGY, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2010-05-19
Company Identification Number: 0801271458
Legal Registered Office Address: 400 ROSALIND REDFERN GROVER PKWY STE 240

MIDLAND
United States of America (USA)
79701

More information about PERMIAN CARDIOLOGY, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PERMIAN CARDIOLOGY 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-01-01MICHAEL S. MILLER, M.D. MICHAEL S. MILLER, M.D.2013-05-13

Financial Data on PERMIAN CARDIOLOGY 401K PROFIT SHARING PLAN

Measure Date Value
2012 : PERMIAN CARDIOLOGY 401K PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$741,217
Expenses. Total of all expenses incurred2012-12-31$20,875
Benefits paid (including direct rollovers)2012-12-31$20,875
Total plan assets at end of year2012-12-31$4,557,745
Total plan assets at beginning of year2012-12-31$3,837,403
Value of fidelity bond covering the plan2012-12-31$325,000
Total contributions received or receivable from participants2012-12-31$23,388
Other income received2012-12-31$511,754
Net income (gross income less expenses)2012-12-31$720,342
Net plan assets at end of year (total assets less liabilities)2012-12-31$4,557,745
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$3,837,403
Total contributions received or receivable from employer(s)2012-12-31$206,075
2010 : PERMIAN CARDIOLOGY 401K PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$667,524
Expenses. Total of all expenses incurred2010-12-31$655,675
Benefits paid (including direct rollovers)2010-12-31$655,675
Total plan assets at end of year2010-12-31$3,710,231
Total plan assets at beginning of year2010-12-31$3,698,382
Value of fidelity bond covering the plan2010-12-31$325,000
Total contributions received or receivable from participants2010-12-31$20,724
Other income received2010-12-31$463,599
Net income (gross income less expenses)2010-12-31$11,849
Net plan assets at end of year (total assets less liabilities)2010-12-31$3,710,231
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,698,382
Total contributions received or receivable from employer(s)2010-12-31$183,201

Form 5500 Responses for PERMIAN CARDIOLOGY 401K PROFIT SHARING PLAN

2012: PERMIAN CARDIOLOGY 401K 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes

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