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SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN 401k Plan overview

Plan NameSURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN
Plan identification number 001

SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan covering Self-Employed individuals.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SURGICAL ARTS, P.C. has sponsored the creation of one or more 401k plans.

Company Name:SURGICAL ARTS, P.C.
Employer identification number (EIN):630837585
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01VICKI MCMINN2021-12-08
0012020-01-01VICKI MCMINN2021-10-15
0012019-01-01VICKI MCMINN2020-12-31
0012018-01-01VICKI MCMINN2019-07-03
0012017-01-01KATHY SCHUMAN2018-09-05
0012016-01-01PLAN SPONSOR2017-09-12
0012015-01-01KATHY SCHUMAN2016-07-27
0012014-01-01KATHY SCHUMAN2015-07-29
0012013-01-01KATHY SCHUMAN2014-06-27
0012012-01-01KATHY SCHUMAN2013-06-28
0012011-01-01KATHY SCHUMAN
0012009-01-01VICKI YOUNGBLOOD

Plan Statistics for SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN

401k plan membership statisitcs for SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN

Measure Date Value
2011: SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0128
Total number of active participants reported on line 7a of the Form 55002011-01-0119
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0125
Number of participants with account balances2011-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0129
Total number of active participants reported on line 7a of the Form 55002009-01-0127
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0130
Number of participants with account balances2009-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN

Measure Date Value
2011 : SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$83,169
Expenses. Total of all expenses incurred2011-12-31$262,828
Benefits paid (including direct rollovers)2011-12-31$245,941
Total plan assets at end of year2011-12-31$916,601
Total plan assets at beginning of year2011-12-31$1,096,260
Value of fidelity bond covering the plan2011-12-31$185,000
Total contributions received or receivable from participants2011-12-31$65,435
Expenses. Other expenses not covered elsewhere2011-12-31$2
Other income received2011-12-31$-19,586
Net income (gross income less expenses)2011-12-31$-179,659
Net plan assets at end of year (total assets less liabilities)2011-12-31$916,601
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,096,260
Total contributions received or receivable from employer(s)2011-12-31$37,320
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$16,885
2010 : SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$258,659
Expenses. Total of all expenses incurred2010-12-31$21,089
Benefits paid (including direct rollovers)2010-12-31$5,003
Total plan assets at end of year2010-12-31$1,096,260
Total plan assets at beginning of year2010-12-31$858,690
Value of fidelity bond covering the plan2010-12-31$185,000
Total contributions received or receivable from participants2010-12-31$87,338
Other income received2010-12-31$122,814
Net income (gross income less expenses)2010-12-31$237,570
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,096,260
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$858,690
Total contributions received or receivable from employer(s)2010-12-31$48,507
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$16,086
2009 : SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN

2011: SURGICAL ARTS, P.C. SAFE HARBOR 401(K) 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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: SURGICAL ARTS, P.C. SAFE HARBOR 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

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