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INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 401k Plan overview

Plan NameINTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN
Plan identification number 001

INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) 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.
  • 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

INTERNAL MEDICINE ASSOCIATES OF RESTON has sponsored the creation of one or more 401k plans.

Company Name:INTERNAL MEDICINE ASSOCIATES OF RESTON
Employer identification number (EIN):202265068
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01DAVID MOUNTCASTLE
0012016-01-01DAVID MOUNTCASTLE
0012015-01-01WILL WIET
0012014-01-01WILL WIET
0012013-01-01DAWN KELLY
0012012-01-01FRED TAWEEL FRED TAWEEL2013-07-25
0012011-01-01FRED TAWEEL
0012010-01-01FRED TAWEEL
0012009-01-01FRED TAWEEL

Plan Statistics for INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN

401k plan membership statisitcs for INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN

Measure Date Value
2016: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0137
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
2015: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0142
Total number of active participants reported on line 7a of the Form 55002015-01-0120
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0117
Total of all active and inactive participants2015-01-0137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0137
Number of participants with account balances2015-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0137
Total number of active participants reported on line 7a of the Form 55002014-01-0126
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0116
Total of all active and inactive participants2014-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0142
Number of participants with account balances2014-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0134
Total number of active participants reported on line 7a of the Form 55002013-01-0123
Number of other retired or separated participants entitled to future benefits2013-01-0114
Total of all active and inactive participants2013-01-0137
Total participants2013-01-0137
Number of participants with account balances2013-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-013
2012: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0136
Total number of active participants reported on line 7a of the Form 55002012-01-0122
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0112
Total of all active and inactive participants2012-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0134
Number of participants with account balances2012-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-013
2011: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0133
Total number of active participants reported on line 7a of the Form 55002011-01-0125
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0111
Total of all active and inactive participants2011-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0136
Number of participants with account balances2011-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-019
2010: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0130
Total number of active participants reported on line 7a of the Form 55002010-01-0123
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0110
Total of all active and inactive participants2010-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0133
Number of participants with account balances2010-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-013
2009: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0132
Total number of active participants reported on line 7a of the Form 55002009-01-0118
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0112
Total of all active and inactive participants2009-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0130
Number of participants with account balances2009-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-016

Financial Data on INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN

Measure Date Value
2016 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-03-24$0
Total plan liabilities at end of year2016-03-24$0
Total plan liabilities at beginning of year2016-03-24$0
Total income from all sources2016-03-24$-105,319
Expenses. Total of all expenses incurred2016-03-24$2,595,992
Benefits paid (including direct rollovers)2016-03-24$2,594,047
Total plan assets at end of year2016-03-24$0
Total plan assets at beginning of year2016-03-24$2,701,311
Value of fidelity bond covering the plan2016-03-24$500,000
Total contributions received or receivable from participants2016-03-24$3,000
Expenses. Other expenses not covered elsewhere2016-03-24$0
Contributions received from other sources (not participants or employers)2016-03-24$0
Other income received2016-03-24$-108,319
Noncash contributions received2016-03-24$0
Net income (gross income less expenses)2016-03-24$-2,701,311
Net plan assets at end of year (total assets less liabilities)2016-03-24$0
Net plan assets at beginning of year (total assets less liabilities)2016-03-24$2,701,311
Assets. Value of participant loans2016-03-24$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-03-24$0
Total contributions received or receivable from employer(s)2016-03-24$0
Value of certain deemed distributions of participant loans2016-03-24$0
Value of corrective distributions2016-03-24$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-03-24$1,945
2015 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$252,287
Expenses. Total of all expenses incurred2015-12-31$193,622
Benefits paid (including direct rollovers)2015-12-31$186,309
Total plan assets at end of year2015-12-31$2,701,311
Total plan assets at beginning of year2015-12-31$2,642,646
Value of fidelity bond covering the plan2015-12-31$250,000
Total contributions received or receivable from participants2015-12-31$108,444
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-10,279
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$58,665
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,701,311
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,642,646
Assets. Value of participant loans2015-12-31$25,397
Total contributions received or receivable from employer(s)2015-12-31$154,122
Value of certain deemed distributions of participant loans2015-12-31$3,558
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$3,755
2014 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$398,055
Expenses. Total of all expenses incurred2014-12-31$9,903
Benefits paid (including direct rollovers)2014-12-31$9,347
Total plan assets at end of year2014-12-31$2,642,646
Total plan assets at beginning of year2014-12-31$2,254,494
Value of fidelity bond covering the plan2014-12-31$250,000
Total contributions received or receivable from participants2014-12-31$105,662
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$147,554
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$388,152
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,642,646
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,254,494
Assets. Value of participant loans2014-12-31$27,293
Total contributions received or receivable from employer(s)2014-12-31$144,839
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$556
2013 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$622,217
Expenses. Total of all expenses incurred2013-12-31$497
Benefits paid (including direct rollovers)2013-12-31$77
Total plan assets at end of year2013-12-31$2,254,494
Total plan assets at beginning of year2013-12-31$1,632,774
Value of fidelity bond covering the plan2013-12-31$250,000
Total contributions received or receivable from participants2013-12-31$110,772
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$337,702
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$621,720
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,254,494
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,632,774
Assets. Value of participant loans2013-12-31$17,264
Total contributions received or receivable from employer(s)2013-12-31$173,743
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$420
2012 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$430,910
Expenses. Total of all expenses incurred2012-12-31$73,471
Benefits paid (including direct rollovers)2012-12-31$70,813
Total plan assets at end of year2012-12-31$1,632,774
Total plan assets at beginning of year2012-12-31$1,275,335
Value of fidelity bond covering the plan2012-12-31$250,000
Total contributions received or receivable from participants2012-12-31$110,044
Other income received2012-12-31$178,263
Net income (gross income less expenses)2012-12-31$357,439
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,632,774
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,275,335
Assets. Value of participant loans2012-12-31$10,840
Total contributions received or receivable from employer(s)2012-12-31$142,603
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$2,658
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$203,619
Expenses. Total of all expenses incurred2011-12-31$41,491
Benefits paid (including direct rollovers)2011-12-31$32,814
Total plan assets at end of year2011-12-31$1,275,335
Total plan assets at beginning of year2011-12-31$1,113,207
Value of fidelity bond covering the plan2011-12-31$250,000
Total contributions received or receivable from participants2011-12-31$105,211
Other income received2011-12-31$-21,610
Net income (gross income less expenses)2011-12-31$162,128
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,275,335
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,113,207
Assets. Value of participant loans2011-12-31$4,239
Total contributions received or receivable from employer(s)2011-12-31$120,018
Value of certain deemed distributions of participant loans2011-12-31$5,797
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$2,880
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$328,450
Expenses. Total of all expenses incurred2010-12-31$12,185
Benefits paid (including direct rollovers)2010-12-31$11,520
Total plan assets at end of year2010-12-31$1,113,207
Total plan assets at beginning of year2010-12-31$796,942
Value of fidelity bond covering the plan2010-12-31$250,000
Total contributions received or receivable from participants2010-12-31$94,930
Other income received2010-12-31$101,948
Net income (gross income less expenses)2010-12-31$316,265
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,113,207
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$796,942
Assets. Value of participant loans2010-12-31$10,186
Total contributions received or receivable from employer(s)2010-12-31$131,572
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$665
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN

2016: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: INTERNAL MEDICINE ASSOCIATES OF RESTON 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
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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