Logo

WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameWORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN
Plan identification number 003

WORLDSTER LEE, M.D., LLC 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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 sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WORLDSTER LEE, M.D., LLC has sponsored the creation of one or more 401k plans.

Company Name:WORLDSTER LEE, M.D., LLC
Employer identification number (EIN):810762373
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032023-01-01DANIEL CHOI
0032022-01-01
0032022-01-01DANIEL CHOI
0032021-01-01
0032021-01-01DANIEL CHOI
0032020-01-01
0032019-01-01

Financial Data on WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-160
Total liabilities as of the end of the plan year2025-04-160
Total liabilities as of the beginning of the plan year2025-04-160
Total expenses incurred by plan in this plan year2025-04-167033280
Net assets as of the end of the plan year2025-04-163030318
Total assets as of the beginning of the plan year2025-04-168891361
Participant contributions to plan in this plan year2025-04-16137693
Value of participant loans at end of plan year2025-04-1678233
Other expenses paid from plan in this plan year2025-04-160
Other contributions to plan in this plan year2025-04-160
Other income to plan in this plan year2025-04-16961662
Plan net income in this plan year2025-04-16-5861043
Net assets as of the end of the plan year2025-04-163030318
Net assets as of the beginning of the plan year2025-04-168891361
Employer contributions to plan in this plan year2025-04-1672882
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-1652267
2023 : WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$1,209,146
Expenses. Total of all expenses incurred2023-12-31$539,523
Benefits paid (including direct rollovers)2023-12-31$482,604
Total plan assets at end of year2023-12-31$8,891,361
Total plan assets at beginning of year2023-12-31$8,221,738
Value of fidelity bond covering the plan2023-12-31$750,000
Total contributions received or receivable from participants2023-12-31$112,663
Expenses. Other expenses not covered elsewhere2023-12-31$3,520
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$1,033,967
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$669,623
Net plan assets at end of year (total assets less liabilities)2023-12-31$8,891,361
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$8,221,738
Assets. Value of participant loans2023-12-31$38,436
Assets. Value of real-estate (other than employer real property)2023-12-31$0
Total contributions received or receivable from employer(s)2023-12-31$62,516
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$53,399
2022 : WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-818,885
Expenses. Total of all expenses incurred2022-12-31$392,921
Benefits paid (including direct rollovers)2022-12-31$330,873
Total plan assets at end of year2022-12-31$8,221,738
Total plan assets at beginning of year2022-12-31$9,433,544
Value of fidelity bond covering the plan2022-12-31$750,000
Total contributions received or receivable from participants2022-12-31$116,381
Expenses. Other expenses not covered elsewhere2022-12-31$6,050
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-995,891
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-1,211,806
Net plan assets at end of year (total assets less liabilities)2022-12-31$8,221,738
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$9,433,544
Assets. Value of participant loans2022-12-31$23,880
Assets. Value of real-estate (other than employer real property)2022-12-31$1,789,800
Total contributions received or receivable from employer(s)2022-12-31$60,625
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$55,998
2021 : WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,049,814
Expenses. Total of all expenses incurred2021-12-31$678,330
Benefits paid (including direct rollovers)2021-12-31$608,042
Total plan assets at end of year2021-12-31$9,433,544
Total plan assets at beginning of year2021-12-31$9,062,060
Value of fidelity bond covering the plan2021-12-31$750,000
Total contributions received or receivable from participants2021-12-31$91,562
Expenses. Other expenses not covered elsewhere2021-12-31$6,600
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$906,879
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$371,484
Net plan assets at end of year (total assets less liabilities)2021-12-31$9,433,544
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$9,062,060
Assets. Value of participant loans2021-12-31$34,734
Assets. Value of real-estate (other than employer real property)2021-12-31$1,379,500
Total contributions received or receivable from employer(s)2021-12-31$51,373
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$63,688
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$1,078,072
Expenses. Total of all expenses incurred2020-12-31$1,251,964
Benefits paid (including direct rollovers)2020-12-31$1,190,864
Total plan assets at end of year2020-12-31$9,062,060
Total plan assets at beginning of year2020-12-31$9,235,952
Value of fidelity bond covering the plan2020-12-31$750,000
Total contributions received or receivable from participants2020-12-31$123,314
Expenses. Other expenses not covered elsewhere2020-12-31$9,598
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$902,357
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$-173,892
Net plan assets at end of year (total assets less liabilities)2020-12-31$9,062,060
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$9,235,952
Assets. Value of participant loans2020-12-31$53,315
Assets. Value of real-estate (other than employer real property)2020-12-31$1,422,800
Total contributions received or receivable from employer(s)2020-12-31$52,401
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$51,502
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$1,590,269
Expenses. Total of all expenses incurred2019-12-31$466,503
Benefits paid (including direct rollovers)2019-12-31$378,958
Total plan assets at end of year2019-12-31$9,235,952
Total plan assets at beginning of year2019-12-31$8,112,186
Value of fidelity bond covering the plan2019-12-31$750,000
Total contributions received or receivable from participants2019-12-31$161,738
Expenses. Other expenses not covered elsewhere2019-12-31$43,024
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$1,373,845
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$1,123,766
Net plan assets at end of year (total assets less liabilities)2019-12-31$9,235,952
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$8,112,186
Assets. Value of participant loans2019-12-31$83,820
Assets. Value of real-estate (other than employer real property)2019-12-31$1,422,800
Total contributions received or receivable from employer(s)2019-12-31$54,686
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$44,521

Form 5500 Responses for WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN

2023: WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: WORLDSTER LEE, M.D., LLC 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE63 6761
Policy instance 1
AMERITAS LIFE INSURANCE CORP. (National Association of Insurance Commissioners NAIC id number: 61301 )
Policy contract numberE63 6761
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1