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TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN 401k Plan overview

Plan NameTUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN
Plan identification number 001

TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT 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.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC.
Employer identification number (EIN):043044706
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012010-01-01KAREN LEIBOLD
0012009-01-01KAREN LEIBOLD KAREN LEIBOLD2010-10-15

Plan Statistics for TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN

401k plan membership statisitcs for TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN

Measure Date Value
2010: TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01636
Total number of active participants reported on line 7a of the Form 55002010-01-01570
Number of other retired or separated participants entitled to future benefits2010-01-01115
Total of all active and inactive participants2010-01-01685
Total participants2010-01-01685
Number of participants with account balances2010-01-01570
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0132
2009: TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01654
Total number of active participants reported on line 7a of the Form 55002009-01-01632
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0176
Total of all active and inactive participants2009-01-01708
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01708
Number of participants with account balances2009-01-01539
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN

Measure Date Value
2010 : TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN 2010 401k financial data
Total income from all sources (including contributions)2010-12-31$15,911,352
Total of all expenses incurred2010-12-31$5,108,393
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$5,108,193
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$7,360,794
Value of total assets at end of year2010-12-31$80,626,449
Value of total assets at beginning of year2010-12-31$69,823,491
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$200
Total interest from all sources2010-12-31$666
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$930,790
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$930,790
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$3,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$6,945,406
Participant contributions at end of year2010-12-31$21,820
Participant contributions at beginning of year2010-12-31$11,895
Participant contributions at end of year2010-12-31$602,199
Participant contributions at beginning of year2010-12-31$596,655
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$415,388
Administrative expenses (other) incurred2010-12-31$200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$10,802,959
Value of net assets at end of year (total assets less liabilities)2010-12-31$80,626,449
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$69,823,491
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$68,547,071
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$57,775,229
Interest on participant loans2010-12-31$666
Value of interest in common/collective trusts at end of year2010-12-31$508,847
Value of interest in common/collective trusts at beginning of year2010-12-31$494,779
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$10,946,512
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$10,944,933
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$7,619,102
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$5,108,193
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31CCR LLP
Accountancy firm EIN2010-12-31043069946

Form 5500 Responses for TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN

2010: TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: TUFTS MEDICAL CENTER PHYSICIANS ORGANIZATION, INC. 403B RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01First time form 5500 has been submittedYes
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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