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THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN 401k Plan overview

Plan NameTHE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN
Plan identification number 001

THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K 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.
  • 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

THE WASHINGTON CENTER FOR PAIN MANAGEMENT, PLLC has sponsored the creation of one or more 401k plans.

Company Name:THE WASHINGTON CENTER FOR PAIN MANAGEMENT, PLLC
Employer identification number (EIN):300405984
NAIC Classification:621399
NAIC Description:Offices of All Other Miscellaneous Health Practitioners

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JACKY HONG2024-10-04
0012022-01-01JACKY HONG2023-07-31
0012021-01-01JACKY HONG2022-10-03
0012020-01-01
0012019-01-01JACKY HONG2020-06-05
0012018-01-01JACKY HONG2019-09-26
0012017-01-01JACKY HONG2018-10-12
0012016-01-01JACKY HONG2017-09-25
0012015-01-01STEVE BROMBERG2016-10-14
0012014-01-01MOUANG SAETEURN2015-10-01
0012013-01-01MOUANG SAETEURN2014-05-30
0012012-01-01MOUANG SAETEURN2013-07-01
0012011-01-01MOUANG SAETEURN2012-07-31
0012010-01-01HYUN HONG, M.D.2011-05-20

Plan Statistics for THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN

401k plan membership statisitcs for THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN

Measure Date Value
2020: THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0165
Total number of active participants reported on line 7a of the Form 55002020-01-0142
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0142
Number of participants with account balances2020-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010

Financial Data on THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN

Measure Date Value
2020 : THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$470,640
Expenses. Total of all expenses incurred2020-12-31$127,483
Benefits paid (including direct rollovers)2020-12-31$103,413
Total plan assets at end of year2020-12-31$2,828,673
Total plan assets at beginning of year2020-12-31$2,485,516
Total contributions received or receivable from participants2020-12-31$169,902
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$300,738
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$343,157
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,828,673
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,485,516
Total contributions received or receivable from employer(s)2020-12-31$0
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$24,070

Form 5500 Responses for THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN

2020: THE WASHINGTON CENTER FOR PAIN MANAGEMENT 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

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