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CARDIOVASCULAR WELLNESS SPECIALTY CARE PC CASH BALANCE PLAN 401k Plan overview

Plan NameCARDIOVASCULAR WELLNESS SPECIALTY CARE PC CASH BALANCE PLAN
Plan identification number 002

CARDIOVASCULAR WELLNESS SPECIALTY CARE PC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • 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

CARDIOVASCULAR WELLNESS SPECIALTY CARE PC has sponsored the creation of one or more 401k plans.

Company Name:CARDIOVASCULAR WELLNESS SPECIALTY CARE PC
Employer identification number (EIN):462773647
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CARDIOVASCULAR WELLNESS SPECIALTY CARE PC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01AMEETA WALIA2024-08-07

Financial Data on CARDIOVASCULAR WELLNESS SPECIALTY CARE PC CASH BALANCE PLAN

Measure Date Value
2025 : CARDIOVASCULAR WELLNESS SPECIALTY CARE PC CASH BALANCE PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-210
Total expenses incurred by plan in this plan year2025-07-210
Net assets as of the end of the plan year2025-07-21599673
Total assets as of the beginning of the plan year2025-07-21239384
Value of plan covered by a fidelity bond2025-07-215000000
Participant contributions to plan in this plan year2025-07-210
Other expenses paid from plan in this plan year2025-07-210
Other contributions to plan in this plan year2025-07-210
Other income to plan in this plan year2025-07-2155289
Plan net income in this plan year2025-07-21360289
Net assets as of the end of the plan year2025-07-21599673
Net assets as of the beginning of the plan year2025-07-21239384
Employer contributions to plan in this plan year2025-07-21305000
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-210
2024 : CARDIOVASCULAR WELLNESS SPECIALTY CARE PC CASH BALANCE PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-070
Total expenses incurred by plan in this plan year2024-08-070
Net assets as of the end of the plan year2024-08-07239384
Total assets as of the beginning of the plan year2024-08-070
Value of plan covered by a fidelity bond2024-08-075000000
Participant contributions to plan in this plan year2024-08-070
Other expenses paid from plan in this plan year2024-08-070
Other contributions to plan in this plan year2024-08-070
Other income to plan in this plan year2024-08-07-14616
Plan net income in this plan year2024-08-07239384
Net assets as of the end of the plan year2024-08-07239384
Net assets as of the beginning of the plan year2024-08-070
Employer contributions to plan in this plan year2024-08-07254000
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-070

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