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ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 002

ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • 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

ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC.
Employer identification number (EIN):311385314
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01MICHAEL S LEFKOWITZ2015-08-27 MICHAEL S LEFKOWITZ2015-08-27
0022013-01-01MICHAEL S LEFKOWITZ2014-09-30 MICHAEL S LEFKOWITZ2014-09-30
0022012-01-01MICHAEL S. LEFKOWITZ2013-08-14
0022011-01-01MICHAEL S. LEFKOWITZ2012-07-24
0022009-01-01MICHAEL S. LEFKOWITZ MICHAEL S. LEFKOWITZ2010-09-13

Plan Statistics for ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2009: ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0136
Total number of active participants reported on line 7a of the Form 55002009-01-0121
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0117
Total of all active and inactive participants2009-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0138
Number of participants with account balances2009-01-0138

Financial Data on ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2010 : ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$501,658
Expenses. Total of all expenses incurred2010-12-31$28,816
Benefits paid (including direct rollovers)2010-12-31$10,647
Total plan assets at end of year2010-12-31$2,311,107
Total plan assets at beginning of year2010-12-31$1,838,265
Value of fidelity bond covering the plan2010-12-31$200,000
Total contributions received or receivable from participants2010-12-31$67,117
Expenses. Other expenses not covered elsewhere2010-12-31$107
Other income received2010-12-31$276,540
Net income (gross income less expenses)2010-12-31$472,842
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,311,107
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,838,265
Total contributions received or receivable from employer(s)2010-12-31$158,001
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$18,062

Form 5500 Responses for ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN

2009: ORTHOPAEDIC & SPORTS MEDICINE CENTER, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number61039
Policy instance 1
Insurance contract or identification number61039
Number of Individuals Covered31
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $8,108
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,108
Insurance broker organization code?3
Insurance broker nameJOHN HANCOCK USA

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