401k Plan data: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN plan

PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

PRIMARY MEDICAL GROUP has sponsored the creation of one or more 401k plans.

Company Name: PRIMARY MEDICAL GROUP

Employer identification number (EIN): 770368541

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Additional information about PRIMARY MEDICAL GROUP

Jurisdiction of Incorporation: California Department of State

Incorporation Date: 1994-03-14

Company Identification Number: C1885817

Legal Registered Office Address: 3555 Loma Vista Rd #110

Ventura
United States of America (USA)
93003

More information about PRIMARY MEDICAL GROUP

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01 DAVID BURKE 2022-10-13
001 2020-01-01 EDWARD BANMAN M.D. 2021-08-04
001 2019-01-01 EDWARD BANMAN M.D. 2020-10-03
001 2018-01-01 EDWARD BANMAN MD 2019-09-27
001 2017-01-01 2018-10-14
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01
001 2012-01-01 MARY PAULSON 2013-10-13
001 2011-01-01 EDWARD BANMAN 2012-10-02
001 2010-01-01 EDWARD BANMAN 2011-10-05

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2021-01-01	DAVID BURKE	2022-10-13
001	2020-01-01	EDWARD BANMAN M.D.	2021-08-04
001	2019-01-01	EDWARD BANMAN M.D.	2020-10-03
001	2018-01-01	EDWARD BANMAN MD	2019-09-27
001	2017-01-01		2018-10-14
001	2016-01-01
001	2015-01-01
001	2014-01-01
001	2013-01-01
001	2012-01-01	MARY PAULSON	2013-10-13
001	2011-01-01	EDWARD BANMAN	2012-10-02
001	2010-01-01	EDWARD BANMAN	2011-10-05

Plan Statistics for PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2021: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 180
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 123
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 60
Total of all active and inactive participants 2021-01-01 183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 183
Number of participants with account balances 2021-01-01 156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 6
2020: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 176
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 128
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 49
Total of all active and inactive participants 2020-01-01 177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 177
Number of participants with account balances 2020-01-01 162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 6
2019: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 157
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 135
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 37
Total of all active and inactive participants 2019-01-01 172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 172
Number of participants with account balances 2019-01-01 144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 13
2018: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 141
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 131
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 24
Total of all active and inactive participants 2018-01-01 155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 155
Number of participants with account balances 2018-01-01 145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 8
2017: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 117
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 22
Total of all active and inactive participants 2017-01-01 139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 139
Number of participants with account balances 2017-01-01 125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 6

Measure	Date	Value
2021: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	180
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	123
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	60
Total of all active and inactive participants	2021-01-01	183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	183
Number of participants with account balances	2021-01-01	156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	6
2020: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	176
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	128
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	49
Total of all active and inactive participants	2020-01-01	177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	177
Number of participants with account balances	2020-01-01	162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	6
2019: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	157
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	135
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	37
Total of all active and inactive participants	2019-01-01	172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	172
Number of participants with account balances	2019-01-01	144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	13
2018: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	141
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	131
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	24
Total of all active and inactive participants	2018-01-01	155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	155
Number of participants with account balances	2018-01-01	145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	8
2017: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	117
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	22
Total of all active and inactive participants	2017-01-01	139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	139
Number of participants with account balances	2017-01-01	125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	6

Financial Data on PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2021 : PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$2,453,248
Total of all expenses incurred	2021-12-31	$760,120
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$694,428
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,060,214
Value of total assets at end of year	2021-12-31	$11,565,033
Value of total assets at beginning of year	2021-12-31	$9,871,905
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$65,692
Total interest from all sources	2021-12-31	$4,472
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$615,887
Participant contributions at end of year	2021-12-31	$103,519
Participant contributions at beginning of year	2021-12-31	$86,288
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$131,577
Total non interest bearing cash at end of year	2021-12-31	$6,363
Total non interest bearing cash at beginning of year	2021-12-31	$9,162
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,693,128
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$11,565,033
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$9,871,905
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$65,692
Value of interest in pooled separate accounts at end of year	2021-12-31	$11,410,626
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$9,705,971
Interest on participant loans	2021-12-31	$4,472
Expenses. Payments to insurance carriers foe the provision of benefits	2021-12-31	$11,022
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,388,562
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$312,750
Employer contributions (assets) at end of year	2021-12-31	$44,525
Employer contributions (assets) at beginning of year	2021-12-31	$70,484
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$683,406
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	JONES & MALHOTRA
Accountancy firm EIN	2021-12-31	954668647
2020 : PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$2,304,505
Total of all expenses incurred	2020-12-31	$1,300,830
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,247,793
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$639,540
Value of total assets at end of year	2020-12-31	$9,871,905
Value of total assets at beginning of year	2020-12-31	$8,868,230
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$53,037
Total interest from all sources	2020-12-31	$6,352
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$464,544
Participant contributions at end of year	2020-12-31	$86,288
Participant contributions at beginning of year	2020-12-31	$100,058
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$104,512
Administrative expenses (other) incurred	2020-12-31	$53,037
Total non interest bearing cash at end of year	2020-12-31	$9,162
Total non interest bearing cash at beginning of year	2020-12-31	$3,060
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,003,675
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$9,871,905
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$8,868,230
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in pooled separate accounts at end of year	2020-12-31	$9,705,971
Value of interest in pooled separate accounts at beginning of year	2020-12-31	$8,702,380
Interest on participant loans	2020-12-31	$6,352
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,658,613
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$70,484
Employer contributions (assets) at end of year	2020-12-31	$70,484
Employer contributions (assets) at beginning of year	2020-12-31	$62,732
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,247,793
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	JONES & MALHOTRA
Accountancy firm EIN	2020-12-31	954668647
2019 : PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$2,139,583
Total of all expenses incurred	2019-12-31	$182,704
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$63,823
Expenses. Certain deemed distributions of participant loans	2019-12-31	$3,234
Value of total corrective distributions	2019-12-31	$47,079
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$646,461
Value of total assets at end of year	2019-12-31	$8,868,230
Value of total assets at beginning of year	2019-12-31	$6,911,351
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$68,568
Total interest from all sources	2019-12-31	$7,511
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$68,568
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$459,697
Participant contributions at end of year	2019-12-31	$100,058
Participant contributions at beginning of year	2019-12-31	$101,051
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$124,032
Total non interest bearing cash at end of year	2019-12-31	$3,060
Total non interest bearing cash at beginning of year	2019-12-31	$7,196
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,956,879
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$8,868,230
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$6,911,351
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in pooled separate accounts at end of year	2019-12-31	$8,702,380
Value of interest in pooled separate accounts at beginning of year	2019-12-31	$6,556,947
Interest on participant loans	2019-12-31	$7,511
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,485,611
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$62,732
Employer contributions (assets) at end of year	2019-12-31	$62,732
Employer contributions (assets) at beginning of year	2019-12-31	$246,157
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$63,823
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	JONES & MALHOTRA
Accountancy firm EIN	2019-12-31	954668647
2018 : PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$420,311
Total of all expenses incurred	2018-12-31	$317,138
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$221,557
Value of total corrective distributions	2018-12-31	$46,249
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$698,583
Value of total assets at end of year	2018-12-31	$6,911,351
Value of total assets at beginning of year	2018-12-31	$6,808,178
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$49,332
Total interest from all sources	2018-12-31	$5,556
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Administrative expenses professional fees incurred	2018-12-31	$49,332
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$422,711
Participant contributions at end of year	2018-12-31	$101,051
Participant contributions at beginning of year	2018-12-31	$104,735
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$29,715
Total non interest bearing cash at end of year	2018-12-31	$7,196
Total non interest bearing cash at beginning of year	2018-12-31	$12,762
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$103,173
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$6,911,351
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$6,808,178
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in pooled separate accounts at end of year	2018-12-31	$6,556,947
Value of interest in pooled separate accounts at beginning of year	2018-12-31	$6,470,623
Interest on participant loans	2018-12-31	$5,556
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-283,828
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$246,157
Employer contributions (assets) at end of year	2018-12-31	$246,157
Employer contributions (assets) at beginning of year	2018-12-31	$220,058
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$221,557
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	JONES & MALHOTRA
Accountancy firm EIN	2018-12-31	954668647
2017 : PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$2,091,125
Total of all expenses incurred	2017-12-31	$160,380
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$158,989
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,061,747
Value of total assets at end of year	2017-12-31	$6,808,178
Value of total assets at beginning of year	2017-12-31	$4,877,433
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,391
Total interest from all sources	2017-12-31	$5,243
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$350,794
Participant contributions at end of year	2017-12-31	$104,735
Participant contributions at beginning of year	2017-12-31	$86,130
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$490,895
Administrative expenses (other) incurred	2017-12-31	$1,391
Total non interest bearing cash at end of year	2017-12-31	$12,762
Total non interest bearing cash at beginning of year	2017-12-31	$9,208
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$1,930,745
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$6,808,178
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$4,877,433
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in pooled separate accounts at end of year	2017-12-31	$6,470,623
Value of interest in pooled separate accounts at beginning of year	2017-12-31	$4,582,095
Interest on participant loans	2017-12-31	$5,243
Income. Interest from loans (other than to participants)	2017-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$1,024,135
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$220,058
Employer contributions (assets) at end of year	2017-12-31	$220,058
Employer contributions (assets) at beginning of year	2017-12-31	$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$158,989
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	JONES & MALHOTRA
Accountancy firm EIN	2017-12-31	954668647

Form 5500 Responses for PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN

2021: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PRIMARY MEDICAL GROUP OF VENTURA COUNTY, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

106773

Policy instance

Insurance contract or identification number	106773
Number of Individuals Covered	159
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $5,374
Total amount of fees paid to insurance company	USD $1,750
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $4,966
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	TPA COMPENSATION
Insurance broker organization code?	3

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

106773

Policy instance

Insurance contract or identification number	106773
Number of Individuals Covered	156
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $5,205
Amount paid for insurance broker fees	800
Additional information about fees paid to insurance broker	TPA FEES PAID
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

106773

Policy instance

Insurance contract or identification number	106773
Number of Individuals Covered	144
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $24,941
Total amount of fees paid to insurance company	USD $8,674
Commission paid to Insurance Broker	USD $24,941
Amount paid for insurance broker fees	696
Additional information about fees paid to insurance broker	COMMISSIONS & OTHER ALLOWANCES
Insurance broker organization code?	3

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

106773

Policy instance

Insurance contract or identification number	106773
Number of Individuals Covered	130
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $30,265
Total amount of fees paid to insurance company	USD $6,085
Commission paid to Insurance Broker	USD $30,265
Additional information about fees paid to insurance broker	BROKER COMMISSIONS AND OTHER ALLOWANCES
Insurance broker organization code?	3
Amount paid for insurance broker fees	2575

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

106773

Policy instance

Insurance contract or identification number	106773
Number of Individuals Covered	116
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $24,096
Total amount of fees paid to insurance company	USD $5,482
Commission paid to Insurance Broker	USD $24,096
Additional information about fees paid to insurance broker	BROKER COMMISSIONS & OTHER ALLOWANCES
Insurance broker organization code?	3
Amount paid for insurance broker fees	800
Insurance broker name	QBI, LLC

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Company Name:	PRIMARY MEDICAL GROUP
Employer identification number (EIN):	770368541
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)

Jurisdiction of Incorporation:	California Department of State
Incorporation Date:	1994-03-14
Company Identification Number:	C1885817
Legal Registered Office Address:	3555 Loma Vista Rd #110 Ventura United States of America (USA) 93003