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JOHN FATSE, D.M.D. PROFIT SHARING PLAN 401k Plan overview

Plan NameJOHN FATSE, D.M.D. PROFIT SHARING PLAN
Plan identification number 003

JOHN FATSE, D.M.D. 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.
  • 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.

401k Sponsoring company profile

MONROE FAMILY AND RECONSTRUCTIVE DENTISTRY has sponsored the creation of one or more 401k plans.

Company Name:MONROE FAMILY AND RECONSTRUCTIVE DENTISTRY
Employer identification number (EIN):832715264
NAIC Classification:621210
NAIC Description:Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOHN FATSE, D.M.D. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032024-01-01JAYNE FATSE2024-12-03
0032023-01-01JAYNE FATSE2024-10-04
0032022-01-01JAYNE FATSE2023-09-07
0032021-01-01JAYNE FATSE2022-10-09
0032020-01-01JAYNE FATSE2021-10-09

Plan Statistics for JOHN FATSE, D.M.D. PROFIT SHARING PLAN

401k plan membership statisitcs for JOHN FATSE, D.M.D. PROFIT SHARING PLAN

Measure Date Value
2024: JOHN FATSE, D.M.D. PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-12-0320
Total number of particpants at end of year2024-12-030
Number of Participants With Account Balances2024-12-030
Total number of particpants at beginning of year2024-10-0420
Total number of particpants at end of year2024-10-0420
Number of Participants With Account Balances2024-10-0420
2022: JOHN FATSE, D.M.D. PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-0916
Total number of particpants at end of year2022-10-0917
Number of Participants With Account Balances2022-10-0917

Financial Data on JOHN FATSE, D.M.D. PROFIT SHARING PLAN

Measure Date Value
2024 : JOHN FATSE, D.M.D. PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-12-032496630
Net assets as of the end of the plan year2024-12-030
Total assets as of the beginning of the plan year2024-12-032394159
Value of plan covered by a fidelity bond2024-12-03240000
Value of participant loans at end of plan year2024-12-030
Other income to plan in this plan year2024-12-03102471
Plan net income in this plan year2024-12-03-2394159
Net assets as of the end of the plan year2024-12-030
Net assets as of the beginning of the plan year2024-12-032394159
Expensese paid to adminstrative service provicers from plan in this plan year2024-12-0316018
Total expenses incurred by plan in this plan year2024-10-0430895
Net assets as of the end of the plan year2024-10-042394159
Total assets as of the beginning of the plan year2024-10-041910139
Value of plan covered by a fidelity bond2024-10-04195000
Participant contributions to plan in this plan year2024-10-0473489
Value of participant loans at end of plan year2024-10-0451468
Other income to plan in this plan year2024-10-04375904
Plan net income in this plan year2024-10-04484020
Net assets as of the end of the plan year2024-10-042394159
Net assets as of the beginning of the plan year2024-10-041910139
Employer contributions to plan in this plan year2024-10-0465522
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0417647
2022 : JOHN FATSE, D.M.D. PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-0921840
Net assets as of the end of the plan year2022-10-092220963
Total assets as of the beginning of the plan year2022-10-091759738
Value of plan covered by a fidelity bond2022-10-09500000
Participant contributions to plan in this plan year2022-10-0962274
Value of participant loans at end of plan year2022-10-0955861
Other income to plan in this plan year2022-10-09321337
Plan net income in this plan year2022-10-09461225
Net assets as of the end of the plan year2022-10-092220963
Net assets as of the beginning of the plan year2022-10-091759738
Employer contributions to plan in this plan year2022-10-0999454
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-0918316

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