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PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN 401k Plan overview

Plan NamePRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN
Plan identification number 001

PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE, PC has sponsored the creation of one or more 401k plans.

Company Name:PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE, PC
Employer identification number (EIN):473400651
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012023-01-01
0012022-01-17

Plan Statistics for PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN

401k plan membership statisitcs for PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN

Measure Date Value
2023: PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-019
Total number of active participants reported on line 7a of the Form 55002023-01-016
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-013
Total of all active and inactive participants2023-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-019
Number of participants with account balances2023-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-1710
Total number of active participants reported on line 7a of the Form 55002022-01-175
Number of retired or separated participants receiving benefits2022-01-171
Number of other retired or separated participants entitled to future benefits2022-01-173
Total of all active and inactive participants2022-01-179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-170
Total participants2022-01-179
Number of participants with account balances2022-01-179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-170

Financial Data on PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN

Measure Date Value
2023 : PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN 2023 401k financial data
Total income from all sources2023-12-31$677,585
Expenses. Total of all expenses incurred2023-12-31$8,251
Benefits paid (including direct rollovers)2023-12-31$3,144
Total plan assets at end of year2023-12-31$812,969
Total plan assets at beginning of year2023-12-31$143,635
Value of fidelity bond covering the plan2023-12-31$60,000
Total contributions received or receivable from participants2023-12-31$49,534
Contributions received from other sources (not participants or employers)2023-12-31$411,990
Other income received2023-12-31$106,091
Net income (gross income less expenses)2023-12-31$669,334
Net plan assets at end of year (total assets less liabilities)2023-12-31$812,969
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$143,635
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022023-12-31$5,540
Total contributions received or receivable from employer(s)2023-12-31$109,970
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$5,107
2022 : PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN 2022 401k financial data
Total income from all sources2022-12-31$146,118
Expenses. Total of all expenses incurred2022-12-31$2,483
Benefits paid (including direct rollovers)2022-12-31$2,336
Total plan assets at end of year2022-12-31$143,635
Total plan assets at beginning of year2022-12-31$0
Value of fidelity bond covering the plan2022-12-31$60,000
Total contributions received or receivable from participants2022-12-31$48,019
Other income received2022-12-31$-1,785
Net income (gross income less expenses)2022-12-31$143,635
Net plan assets at end of year (total assets less liabilities)2022-12-31$143,635
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022022-12-31$23,984
Total contributions received or receivable from employer(s)2022-12-31$99,884
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$147

Form 5500 Responses for PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN

2023: PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: PRIMARY CARE PEDIATRICS AND FAMILY MEDICINE PC 401K PLAN 2022 form 5500 responses
2022-01-17Type of plan entitySingle employer plan
2022-01-17First time form 5500 has been submittedYes
2022-01-17Submission has been amendedNo
2022-01-17This submission is the final filingNo
2022-01-17This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-17Plan is a collectively bargained planNo
2022-01-17Plan funding arrangement – TrustYes
2022-01-17Plan benefit arrangement - TrustYes

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