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CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameCLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN
Plan identification number 001

CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 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.
  • 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

CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. has sponsored the creation of one or more 401k plans.

Company Name:CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A.
Employer identification number (EIN):561659670
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01KIMBERLY SPICER2024-07-02 KIMBERLY SPICER2024-07-02
0012019-01-01KIMBERLY SPICER2024-06-28 KIMBERLY SPICER2024-06-28
0012018-01-01TARA JONES2019-03-21 TARA JONES2019-03-21
0012017-01-01BRIAN SMITH2018-02-20 BRIAN SMITH2018-02-20
0012016-01-01BRIAN SMITH2017-03-01 BRIAN SMITH2017-03-01
0012015-01-01BRIAN SMITH2016-07-26 BRIAN SMITH2016-07-26
0012014-01-01BRIAN SMITH2015-09-24
0012013-01-01BRIAN D. SMITH2014-05-26
0012012-01-01BRIAN D. SMITH2013-06-24 BRIAN D. SMITH2013-06-24
0012011-01-01BRIAN D. SMITH2012-07-23
0012010-01-01BRIAN SMITH2011-06-28

Plan Statistics for CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN

Measure Date Value
2024: CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-0211
Total number of particpants at end of year2024-07-020
Number of Participants With Account Balances2024-07-020
Total number of particpants at beginning of year2024-06-2824
Total number of particpants at end of year2024-06-2813
Number of Participants With Account Balances2024-06-2810

Financial Data on CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN

Measure Date Value
2024 : CLEVELAND GASTROENTEROLOGY ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-020
Total liabilities as of the end of the plan year2024-07-020
Total liabilities as of the beginning of the plan year2024-07-020
Total expenses incurred by plan in this plan year2024-07-021262676
Net assets as of the end of the plan year2024-07-020
Total assets as of the beginning of the plan year2024-07-021175724
Value of plan covered by a fidelity bond2024-07-02200000
Other expenses paid from plan in this plan year2024-07-020
Other contributions to plan in this plan year2024-07-020
Other income to plan in this plan year2024-07-0269581
Plan net income in this plan year2024-07-02-1175724
Net assets as of the end of the plan year2024-07-020
Net assets as of the beginning of the plan year2024-07-021175724
Employer contributions to plan in this plan year2024-07-0217371
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-02939
Total transfers to/from plan in this plan year2024-06-280
Total liabilities as of the end of the plan year2024-06-280
Total liabilities as of the beginning of the plan year2024-06-280
Total expenses incurred by plan in this plan year2024-06-28659072
Net assets as of the end of the plan year2024-06-281175724
Total assets as of the beginning of the plan year2024-06-281575920
Value of plan covered by a fidelity bond2024-06-28200000
Participant contributions to plan in this plan year2024-06-2830477
Value of participant loans at end of plan year2024-06-280
Other expenses paid from plan in this plan year2024-06-280
Other contributions to plan in this plan year2024-06-280
Other income to plan in this plan year2024-06-28198503
Plan net income in this plan year2024-06-28-400196
Net assets as of the end of the plan year2024-06-281175724
Net assets as of the beginning of the plan year2024-06-281575920
Employer contributions to plan in this plan year2024-06-2829896
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-281661

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