FOUNDATION FOR MED CARE OF TULARE/KINGS COUNTIES has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FOUNDATION FOR MEDICAL CARE OF TULARE/KINGS COUNTIES 401(K) PROFIT SHARING PLAN
401k plan membership statisitcs for FOUNDATION FOR MEDICAL CARE OF TULARE/KINGS COUNTIES 401(K) PROFIT SHARING PLAN
Measure | Date | Value |
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2022 : FOUNDATION FOR MEDICAL CARE OF TULARE/KINGS COUNTIES 401(K) PROFIT SHARING PLAN 2022 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $4,928 |
Total income from all sources (including contributions) | 2022-06-30 | $-499,970 |
Total of all expenses incurred | 2022-06-30 | $1,013,911 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $938,573 |
Expenses. Certain deemed distributions of participant loans | 2022-06-30 | $37,540 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-30 | $834,986 |
Value of total assets at end of year | 2022-06-30 | $6,796,016 |
Value of total assets at beginning of year | 2022-06-30 | $8,304,969 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-30 | $37,798 |
Total interest from all sources | 2022-06-30 | $6,104 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-30 | No |
Was this plan covered by a fidelity bond | 2022-06-30 | No |
If this is an individual account plan, was there a blackout period | 2022-06-30 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | No |
Contributions received from participants | 2022-06-30 | $267,340 |
Participant contributions at end of year | 2022-06-30 | $83,144 |
Participant contributions at beginning of year | 2022-06-30 | $85,419 |
Participant contributions at end of year | 2022-06-30 | $11,088 |
Participant contributions at beginning of year | 2022-06-30 | $10,071 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-06-30 | $4,553 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-06-30 | $4,928 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
Value of net income/loss | 2022-06-30 | $-1,513,881 |
Value of net assets at end of year (total assets less liabilities) | 2022-06-30 | $6,791,088 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-06-30 | $8,304,969 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-06-30 | $6,412,645 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-06-30 | $7,745,831 |
Value of interest in pooled separate accounts at end of year | 2022-06-30 | $0 |
Interest on participant loans | 2022-06-30 | $6,104 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-06-30 | $-1,341,060 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
Contributions received in cash from employer | 2022-06-30 | $567,646 |
Employer contributions (assets) at end of year | 2022-06-30 | $284,586 |
Employer contributions (assets) at beginning of year | 2022-06-30 | $463,648 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-30 | $938,573 |
Contract administrator fees | 2022-06-30 | $37,798 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-06-30 | Yes |
Did the plan have assets held for investment | 2022-06-30 | 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 | 2022-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
Accountancy firm name | 2022-06-30 | M. GREEN AND COMPANY, LLP |
Accountancy firm EIN | 2022-06-30 | 941683129 |