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LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN 401k Plan overview

Plan NameLAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN
Plan identification number 001

LAKE COUNTY MEDICAL GRP SC 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
  • 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.
  • 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

LAKE COUNTY MEDICAL GROUP SC has sponsored the creation of one or more 401k plans.

Company Name:LAKE COUNTY MEDICAL GROUP SC
Employer identification number (EIN):364094346
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01ALEXANDER NEYMAN2019-09-25
0012016-01-01ALEXANDER NEYMAN2017-10-12
0012015-01-01ALEXANDER NEYMAN2016-10-24
0012014-01-01ALEXANDER NEYMAN2015-10-06 ALEXANDER NEYMAN2015-10-06
0012013-01-01ALEXANDER NEYMAN2014-10-08 ALEXANDER NEYMAN2014-10-08
0012012-01-01ALEXANDER NEYMAN2013-10-09 ALEXANDER NEYMAN2013-10-09
0012011-01-01ALEXANDER NEYMAN
0012010-01-01ALEXANDER NEYMAN
0012009-01-01 ALEXANDER NEYMAN2010-10-18

Plan Statistics for LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN

401k plan membership statisitcs for LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN

Measure Date Value
2011: LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-018
Total number of active participants reported on line 7a of the Form 55002011-01-019
Total of all active and inactive participants2011-01-019
Total participants2011-01-019
2010: LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-018
Total number of active participants reported on line 7a of the Form 55002010-01-018
Total of all active and inactive participants2010-01-018
Total participants2010-01-018
Number of participants with account balances2010-01-018
2009: LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-018
Total number of active participants reported on line 7a of the Form 55002009-01-018
Total of all active and inactive participants2009-01-018
Total participants2009-01-018
Number of participants with account balances2009-01-018

Financial Data on LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN

Measure Date Value
2011 : LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$-49,131
Total plan assets at end of year2011-12-31$941,582
Total plan assets at beginning of year2011-12-31$990,713
Other income received2011-12-31$-179,131
Net income (gross income less expenses)2011-12-31$-49,131
Net plan assets at end of year (total assets less liabilities)2011-12-31$941,582
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$990,713
Total contributions received or receivable from employer(s)2011-12-31$130,000
2010 : LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$216,476
Total plan assets at end of year2010-12-31$990,713
Total plan assets at beginning of year2010-12-31$774,237
Other income received2010-12-31$101,586
Net income (gross income less expenses)2010-12-31$216,476
Net plan assets at end of year (total assets less liabilities)2010-12-31$990,713
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$774,237
Total contributions received or receivable from employer(s)2010-12-31$114,890

Form 5500 Responses for LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN

2011: LAKE COUNTY MEDICAL GRP SC PROFIT SHARING 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 is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: LAKE COUNTY MEDICAL GRP SC PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
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 is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: LAKE COUNTY MEDICAL GRP SC PROFIT SHARING 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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