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MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 401k Plan overview

Plan NameMSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN
Plan identification number 002

MSK GROUP TABOR ORTHOPEDICS DIVISION 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.
  • 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.
  • U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

MSK GROUP, PC DBA ORTHOSOUTH has sponsored the creation of one or more 401k plans.

Company Name:MSK GROUP, PC DBA ORTHOSOUTH
Employer identification number (EIN):620819926
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01KIMBLE JENKINS2021-10-14 KIMBLE JENKINS2021-10-14
0022019-01-01KIMBLE JENKINS2020-10-13 KIMBLE JENKINS2020-10-13
0022018-01-01KIMBLE JENKINS2019-10-14 KIMBLE JENKINS2019-10-14
0022017-01-01KIMBLE JENKINS2018-10-15 KIMBLE JENKINS2018-10-15
0022016-01-01KIMBLE JENKINS KIMBLE JENKINS2017-10-12
0022015-01-01KEN BEASLEY KEN BEASLEY2016-10-13
0022014-01-01KEN BEASLEY KEN BEASLEY2015-10-15
0022013-01-01KEN BEASLEY2014-10-09 KEN BEASLEY2014-10-09
0022012-01-01KEN BEASLEY KEN BEASLEY2013-10-14
0022011-01-01KEN BEASLEY KEN BEASLEY2012-10-12
0022010-01-01KEN BEASLEY KEN BEASLEY2011-10-13

Plan Statistics for MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN

401k plan membership statisitcs for MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN

Measure Date Value
2016: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0149
Total number of active participants reported on line 7a of the Form 55002016-01-0138
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0111
Total of all active and inactive participants2016-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0149
Number of participants with account balances2016-01-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0146
Total number of active participants reported on line 7a of the Form 55002015-01-0136
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0111
Total of all active and inactive participants2015-01-0147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0147
Number of participants with account balances2015-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0143
Total number of active participants reported on line 7a of the Form 55002014-01-0129
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0110
Total of all active and inactive participants2014-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0139
Number of participants with account balances2014-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012
2012: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0130
Total number of active participants reported on line 7a of the Form 55002012-01-0124
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0131
Number of participants with account balances2012-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0129
Total number of active participants reported on line 7a of the Form 55002011-01-0123
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0128
Number of participants with account balances2011-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0130
Total number of active participants reported on line 7a of the Form 55002010-01-0124
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
Total of all active and inactive participants2010-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0129
Number of participants with account balances2010-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011

Financial Data on MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN

Measure Date Value
2016 : MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$1,012,006
Expenses. Total of all expenses incurred2016-12-31$57,923
Benefits paid (including direct rollovers)2016-12-31$44,954
Total plan assets at end of year2016-12-31$6,034,757
Total plan assets at beginning of year2016-12-31$5,080,674
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$183,132
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$25,000
Other income received2016-12-31$424,054
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$954,083
Net plan assets at end of year (total assets less liabilities)2016-12-31$6,034,757
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$5,080,674
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-12-31$856
Total contributions received or receivable from employer(s)2016-12-31$379,820
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$12,969
2015 : MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2015 401k financial data
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$236,232
Expenses. Total of all expenses incurred2015-12-31$74,617
Benefits paid (including direct rollovers)2015-12-31$69,919
Total plan assets at end of year2015-12-31$5,080,674
Total plan assets at beginning of year2015-12-31$4,919,059
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$158,790
Contributions received from other sources (not participants or employers)2015-12-31$20,000
Other income received2015-12-31$-280,079
Net income (gross income less expenses)2015-12-31$161,615
Net plan assets at end of year (total assets less liabilities)2015-12-31$5,080,674
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$4,919,059
Total contributions received or receivable from employer(s)2015-12-31$337,521
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$4,698
2014 : MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$604,105
Expenses. Total of all expenses incurred2014-12-31$210,061
Benefits paid (including direct rollovers)2014-12-31$197,204
Total plan assets at end of year2014-12-31$4,919,059
Total plan assets at beginning of year2014-12-31$4,525,015
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$144,825
Expenses. Other expenses not covered elsewhere2014-12-31$5,812
Other income received2014-12-31$177,032
Net income (gross income less expenses)2014-12-31$394,044
Net plan assets at end of year (total assets less liabilities)2014-12-31$4,919,059
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$4,525,015
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$3,650
Total contributions received or receivable from employer(s)2014-12-31$282,248
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$7,045
2012 : MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$754,222
Expenses. Total of all expenses incurred2012-12-31$45,255
Benefits paid (including direct rollovers)2012-12-31$37,381
Total plan assets at end of year2012-12-31$3,631,270
Total plan assets at beginning of year2012-12-31$2,922,303
Value of fidelity bond covering the plan2012-12-31$400,000
Total contributions received or receivable from participants2012-12-31$132,754
Expenses. Other expenses not covered elsewhere2012-12-31$5,812
Other income received2012-12-31$377,528
Net income (gross income less expenses)2012-12-31$708,967
Net plan assets at end of year (total assets less liabilities)2012-12-31$3,631,270
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,922,303
Assets. Value of assets in partnership/joint-venture interests2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$243,940
Value of certain deemed distributions of participant loans2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$2,062
2011 : MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$235,927
Expenses. Total of all expenses incurred2011-12-31$86,109
Benefits paid (including direct rollovers)2011-12-31$86,019
Total plan assets at end of year2011-12-31$2,922,303
Total plan assets at beginning of year2011-12-31$2,772,485
Value of fidelity bond covering the plan2011-12-31$400,000
Total contributions received or receivable from participants2011-12-31$116,760
Contributions received from other sources (not participants or employers)2011-12-31$25,000
Other income received2011-12-31$-111,423
Net income (gross income less expenses)2011-12-31$149,818
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,922,303
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,772,485
Assets. Value of assets in partnership/joint-venture interests2011-12-31$145,846
Total contributions received or receivable from employer(s)2011-12-31$205,590
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$90
2010 : MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$735,836
Expenses. Total of all expenses incurred2010-12-31$67,115
Benefits paid (including direct rollovers)2010-12-31$66,890
Total plan assets at end of year2010-12-31$2,772,485
Total plan assets at beginning of year2010-12-31$2,103,764
Value of fidelity bond covering the plan2010-12-31$300,000
Total contributions received or receivable from participants2010-12-31$129,976
Other income received2010-12-31$250,929
Net income (gross income less expenses)2010-12-31$668,721
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,772,485
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,103,764
Assets. Value of assets in partnership/joint-venture interests2010-12-31$150,707
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$7,702
Total contributions received or receivable from employer(s)2010-12-31$354,931
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$225

Form 5500 Responses for MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN

2016: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2012: MSK GROUP TABOR ORTHOPEDICS DIVISION 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
2011: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MSK GROUP TABOR ORTHOPEDICS DIVISION PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number7009328
Policy instance 1
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number8201552
Policy instance 3
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number107045
Policy instance 2
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number7009328
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number107045
Policy instance 2
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number8201552
Policy instance 3
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number7009328
Policy instance 1
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number107045
Policy instance 3
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number8201552
Policy instance 2
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number7009328
Policy instance 1
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number8201552
Policy instance 2
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number7009328
Policy instance 1
NEW ENGLAND FINANCIAL (National Association of Insurance Commissioners NAIC id number: 91626 )
Policy contract number8201552
Policy instance 2

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