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REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameREDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN
Plan identification number 001

REDWOOD UROLOGY MEDICAL GROUP, INC. 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.
  • 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.
  • 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

REDWOOD UROLOGY MEDICAL GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:REDWOOD UROLOGY MEDICAL GROUP, INC.
Employer identification number (EIN):942682635
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-05-01JAMES R. PALLESCHI, M.D.
0012014-05-01JAMES R. PALLESCHI, M.D.
0012013-05-01JAMES R. PALLESCHI, M.D.
0012012-05-01JAMES R. PALLESCHI, M.D. JAMES R. PALLESCHI, M.D.2013-11-18
0012011-05-01JAMES R. PALLESCHI, M.D. JAMES R. PALLESCHI, M.D.2012-11-17
0012009-05-01JAMES R. PALLESCHI, M.D. JAMES R. PALLESCHI, M.D.2011-02-14

Plan Statistics for REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN

Measure Date Value
2015: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-05-013
Total number of active participants reported on line 7a of the Form 55002015-05-010
Number of retired or separated participants receiving benefits2015-05-011
Number of other retired or separated participants entitled to future benefits2015-05-010
Total of all active and inactive participants2015-05-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-05-010
Total participants2015-05-011
Number of participants with account balances2015-05-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-05-010
2014: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-05-013
Total number of active participants reported on line 7a of the Form 55002014-05-010
Number of retired or separated participants receiving benefits2014-05-010
Number of other retired or separated participants entitled to future benefits2014-05-013
Total of all active and inactive participants2014-05-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-05-010
Total participants2014-05-013
Number of participants with account balances2014-05-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-05-010
2013: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-05-013
Total number of active participants reported on line 7a of the Form 55002013-05-013
Number of retired or separated participants receiving benefits2013-05-010
Number of other retired or separated participants entitled to future benefits2013-05-010
Total of all active and inactive participants2013-05-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-05-010
Total participants2013-05-013
Number of participants with account balances2013-05-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-05-010
2012: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-05-013
Total number of active participants reported on line 7a of the Form 55002012-05-013
Number of retired or separated participants receiving benefits2012-05-010
Number of other retired or separated participants entitled to future benefits2012-05-010
Total of all active and inactive participants2012-05-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-05-010
Total participants2012-05-013
Number of participants with account balances2012-05-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-05-010
2011: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-05-013
Total number of active participants reported on line 7a of the Form 55002011-05-013
Number of retired or separated participants receiving benefits2011-05-010
Number of other retired or separated participants entitled to future benefits2011-05-010
Total of all active and inactive participants2011-05-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-05-010
Total participants2011-05-013
Number of participants with account balances2011-05-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-05-010
2009: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-05-016
Total number of active participants reported on line 7a of the Form 55002009-05-013
Number of retired or separated participants receiving benefits2009-05-010
Number of other retired or separated participants entitled to future benefits2009-05-010
Total of all active and inactive participants2009-05-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-05-010
Total participants2009-05-013
Number of participants with account balances2009-05-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-05-010

Financial Data on REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN

Measure Date Value
2016 : REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year2016-04-30$0
Total plan liabilities at beginning of year2016-04-30$0
Total income from all sources2016-04-30$15,663
Expenses. Total of all expenses incurred2016-04-30$22,364
Benefits paid (including direct rollovers)2016-04-30$22,364
Total plan assets at end of year2016-04-30$630,443
Total plan assets at beginning of year2016-04-30$637,144
Assets. Value of loans (other than to participants)2016-04-30$491,254
Contributions received from other sources (not participants or employers)2016-04-30$19,782
Other income received2016-04-30$-4,119
Net income (gross income less expenses)2016-04-30$-6,701
Net plan assets at end of year (total assets less liabilities)2016-04-30$630,443
Net plan assets at beginning of year (total assets less liabilities)2016-04-30$637,144
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-04-30$0
2015 : REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2015 401k financial data
Total plan liabilities at end of year2015-04-30$0
Total plan liabilities at beginning of year2015-04-30$0
Total income from all sources2015-04-30$29,707
Expenses. Total of all expenses incurred2015-04-30$0
Total plan assets at end of year2015-04-30$637,144
Total plan assets at beginning of year2015-04-30$607,437
Assets. Value of loans (other than to participants)2015-04-30$533,714
Other income received2015-04-30$29,707
Net income (gross income less expenses)2015-04-30$29,707
Net plan assets at end of year (total assets less liabilities)2015-04-30$637,144
Net plan assets at beginning of year (total assets less liabilities)2015-04-30$607,437
2014 : REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year2014-04-30$0
Total plan liabilities at beginning of year2014-04-30$0
Total income from all sources2014-04-30$41,122
Expenses. Total of all expenses incurred2014-04-30$425,000
Benefits paid (including direct rollovers)2014-04-30$425,000
Total plan assets at end of year2014-04-30$607,437
Total plan assets at beginning of year2014-04-30$991,315
Total contributions received or receivable from participants2014-04-30$0
Assets. Value of loans (other than to participants)2014-04-30$589,714
Expenses. Other expenses not covered elsewhere2014-04-30$0
Contributions received from other sources (not participants or employers)2014-04-30$0
Other income received2014-04-30$41,122
Noncash contributions received2014-04-30$0
Net income (gross income less expenses)2014-04-30$-383,878
Net plan assets at end of year (total assets less liabilities)2014-04-30$607,437
Net plan assets at beginning of year (total assets less liabilities)2014-04-30$991,315
Total contributions received or receivable from employer(s)2014-04-30$0
Value of certain deemed distributions of participant loans2014-04-30$0
Value of corrective distributions2014-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-04-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-04-30$0
2013 : REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year2013-04-30$0
Total plan liabilities at beginning of year2013-04-30$0
Total income from all sources2013-04-30$60,914
Expenses. Total of all expenses incurred2013-04-30$942,015
Benefits paid (including direct rollovers)2013-04-30$942,015
Total plan assets at end of year2013-04-30$991,315
Total plan assets at beginning of year2013-04-30$1,872,416
Value of fidelity bond covering the plan2013-04-30$850,000
Total contributions received or receivable from participants2013-04-30$0
Assets. Value of loans (other than to participants)2013-04-30$939,714
Expenses. Other expenses not covered elsewhere2013-04-30$0
Contributions received from other sources (not participants or employers)2013-04-30$0
Other income received2013-04-30$60,914
Noncash contributions received2013-04-30$0
Net income (gross income less expenses)2013-04-30$-881,101
Net plan assets at end of year (total assets less liabilities)2013-04-30$991,315
Net plan assets at beginning of year (total assets less liabilities)2013-04-30$1,872,416
Total contributions received or receivable from employer(s)2013-04-30$0
Value of certain deemed distributions of participant loans2013-04-30$0
Value of corrective distributions2013-04-30$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-04-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-04-30$0
2012 : REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year2012-04-30$0
Total plan liabilities at beginning of year2012-04-30$0
Total income from all sources2012-04-30$31,044
Expenses. Total of all expenses incurred2012-04-30$0
Total plan assets at end of year2012-04-30$1,872,416
Total plan assets at beginning of year2012-04-30$1,841,372
Value of fidelity bond covering the plan2012-04-30$850,000
Total contributions received or receivable from participants2012-04-30$0
Assets. Value of loans (other than to participants)2012-04-30$1,239,714
Contributions received from other sources (not participants or employers)2012-04-30$0
Other income received2012-04-30$31,044
Net income (gross income less expenses)2012-04-30$31,044
Net plan assets at end of year (total assets less liabilities)2012-04-30$1,872,416
Net plan assets at beginning of year (total assets less liabilities)2012-04-30$1,841,372
Total contributions received or receivable from employer(s)2012-04-30$0
2011 : REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-04-30$0
Total plan liabilities at beginning of year2011-04-30$0
Total income from all sources2011-04-30$-5,692
Expenses. Total of all expenses incurred2011-04-30$434,936
Benefits paid (including direct rollovers)2011-04-30$434,936
Total plan assets at end of year2011-04-30$1,841,372
Total plan assets at beginning of year2011-04-30$2,282,000
Value of fidelity bond covering the plan2011-04-30$850,000
Total contributions received or receivable from participants2011-04-30$0
Assets. Value of loans (other than to participants)2011-04-30$1,239,714
Other income received2011-04-30$-5,692
Net income (gross income less expenses)2011-04-30$-440,628
Net plan assets at end of year (total assets less liabilities)2011-04-30$1,841,372
Net plan assets at beginning of year (total assets less liabilities)2011-04-30$2,282,000
Total contributions received or receivable from employer(s)2011-04-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-04-30$0
2010 : REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-04-30$0

Form 5500 Responses for REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN

2015: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-05-01Type of plan entitySingle employer plan
2015-05-01Submission has been amendedNo
2015-05-01This submission is the final filingNo
2015-05-01This return/report is a short plan year return/report (less than 12 months)No
2015-05-01Plan is a collectively bargained planNo
2015-05-01Plan funding arrangement – TrustYes
2015-05-01Plan benefit arrangement - TrustYes
2014: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-05-01Type of plan entitySingle employer plan
2014-05-01Submission has been amendedNo
2014-05-01This submission is the final filingNo
2014-05-01This return/report is a short plan year return/report (less than 12 months)No
2014-05-01Plan is a collectively bargained planNo
2014-05-01Plan funding arrangement – TrustYes
2014-05-01Plan benefit arrangement - TrustYes
2013: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-05-01Type of plan entitySingle employer plan
2013-05-01Submission has been amendedNo
2013-05-01This submission is the final filingNo
2013-05-01This return/report is a short plan year return/report (less than 12 months)No
2013-05-01Plan is a collectively bargained planNo
2013-05-01Plan funding arrangement – TrustYes
2013-05-01Plan benefit arrangement - TrustYes
2012: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-05-01Type of plan entitySingle employer plan
2012-05-01Submission has been amendedNo
2012-05-01This submission is the final filingNo
2012-05-01This return/report is a short plan year return/report (less than 12 months)No
2012-05-01Plan is a collectively bargained planNo
2012-05-01Plan funding arrangement – TrustYes
2012-05-01Plan benefit arrangement - TrustYes
2011: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-05-01Type of plan entitySingle employer plan
2011-05-01Submission has been amendedYes
2011-05-01This submission is the final filingNo
2011-05-01This return/report is a short plan year return/report (less than 12 months)No
2011-05-01Plan is a collectively bargained planNo
2011-05-01Plan funding arrangement – TrustYes
2011-05-01Plan benefit arrangement - TrustYes
2009: REDWOOD UROLOGY MEDICAL GROUP, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-05-01Type of plan entitySingle employer plan
2009-05-01Submission has been amendedNo
2009-05-01This submission is the final filingNo
2009-05-01This return/report is a short plan year return/report (less than 12 months)No
2009-05-01Plan is a collectively bargained planNo
2009-05-01Plan funding arrangement – TrustYes
2009-05-01Plan benefit arrangement - TrustYes

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