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SOKYAHEALTH MSO 401K PLAN 401k Plan overview

Plan NameSOKYAHEALTH MSO 401K PLAN
Plan identification number 001

SOKYAHEALTH MSO 401K 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

SOKYAHEALTH MSO INC. has sponsored the creation of one or more 401k plans.

Company Name:SOKYAHEALTH MSO INC.
Employer identification number (EIN):861997893
NAIC Classification:621399
NAIC Description:Offices of All Other Miscellaneous Health Practitioners

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOKYAHEALTH MSO 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01SHIRLEY HORNER
0012023-01-01SHIRLEY HORNER2024-07-31
0012022-01-01SHIRLEY HORNER2023-07-14
0012021-01-01SHIRLEY HORNER2022-07-25

Plan Statistics for SOKYAHEALTH MSO 401K PLAN

401k plan membership statisitcs for SOKYAHEALTH MSO 401K PLAN

Measure Date Value
2024: SOKYAHEALTH MSO 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-3177
Total number of particpants at end of year2024-07-31128
Number of Participants With Account Balances2024-07-31128

Financial Data on SOKYAHEALTH MSO 401K PLAN

Measure Date Value
2024 : SOKYAHEALTH MSO 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-31-136639
Total expenses incurred by plan in this plan year2024-07-3173688
Net assets as of the end of the plan year2024-07-311433176
Total assets as of the beginning of the plan year2024-07-31513993
Value of plan covered by a fidelity bond2024-07-3152000
Participant contributions to plan in this plan year2024-07-31602368
Value of participant loans at end of plan year2024-07-311994
Other contributions to plan in this plan year2024-07-3147341
Other income to plan in this plan year2024-07-31171717
Plan net income in this plan year2024-07-311055822
Net assets as of the end of the plan year2024-07-311433176
Net assets as of the beginning of the plan year2024-07-31513993
Employer contributions to plan in this plan year2024-07-31308084
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-312888

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