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FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN 401k Plan overview

Plan NameFAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN
Plan identification number 001

FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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

FAMILY PRACTICE ASSOCIATES, LLC has sponsored the creation of one or more 401k plans.

Company Name:FAMILY PRACTICE ASSOCIATES, LLC
Employer identification number (EIN):470884628
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about FAMILY PRACTICE ASSOCIATES, LLC

Jurisdiction of Incorporation: Alaska Department Commerce, Community & Economic Development
Incorporation Date: 2001-12-05
Company Identification Number: 74876D
Legal Registered Office Address: 2841 DEBARR ROAD, STE. 31

ANCHORAGE
United States of America (USA)
99508

More information about FAMILY PRACTICE ASSOCIATES, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01DOULAS JOHNSON

Plan Statistics for FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN

401k plan membership statisitcs for FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN

Measure Date Value
2014: FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-014
Total number of active participants reported on line 7a of the Form 55002014-01-014
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-014
Number of participants with account balances2014-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN

Measure Date Value
2014 : FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$175
Total income from all sources2014-12-31$2,425
Expenses. Total of all expenses incurred2014-12-31$437
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$51,354
Total plan assets at beginning of year2014-12-31$49,191
Value of fidelity bond covering the plan2014-12-31$1,000
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$437
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$2,425
Net income (gross income less expenses)2014-12-31$1,988
Net plan assets at end of year (total assets less liabilities)2014-12-31$51,354
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$49,191
Assets. Value of participant loans2014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0

Form 5500 Responses for FAMILY PRACTICE ASSOCIATES, LLC 401(K) PLAN

2014: FAMILY PRACTICE ASSOCIATES, LLC 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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes

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