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BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameBAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 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).
  • Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
  • 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.
  • 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

BAY AREA HOSPITALISTS PA has sponsored the creation of one or more 401k plans.

Company Name:BAY AREA HOSPITALISTS PA
Employer identification number (EIN):593624983
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01MARTIN SOKOL2023-07-26
0012021-01-01
0012020-01-01
0012019-01-01MARTIN SOKOL2020-04-09
0012018-01-01MARTIN SOKOL2019-06-24
0012017-01-01MARTIN SOKOL2018-06-30
0012016-01-01MARTIN SOKOL2017-06-20
0012015-01-01MARTIN SOKOL2016-06-06
0012015-01-01MARTIN SOKOL2016-05-16
0012014-01-01MARTIN SOKOL2015-06-28
0012013-01-01MARTIN SOKOL2014-06-08
0012012-01-01BAY AREA HOSPITALISTS PA2013-07-09
0012011-01-01BAY AREA HOSPITALISTS PA2012-05-01
0012010-01-01BAY AREA HOSPITALISTS PA2011-05-17

Plan Statistics for BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2023: BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 2023 401k membership
Total participants, beginning-of-year2023-01-0147
Total number of active participants reported on line 7a of the Form 55002023-01-0137
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-018
Total of all active and inactive participants2023-01-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-0145
Number of participants with account balances2023-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2021: BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-0143
Total number of active participants reported on line 7a of the Form 55002021-01-0141
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-013
Total of all active and inactive participants2021-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0144
Number of participants with account balances2021-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0145
Total number of active participants reported on line 7a of the Form 55002020-01-0138
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-014
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 balances2020-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010

Financial Data on BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2023 : BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$2,918,194
Expenses. Total of all expenses incurred2023-12-31$21,020
Benefits paid (including direct rollovers)2023-12-31$19,850
Total plan assets at end of year2023-12-31$10,746,050
Total plan assets at beginning of year2023-12-31$7,848,876
Value of fidelity bond covering the plan2023-12-31$500,000
Total contributions received or receivable from participants2023-12-31$435,717
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$2,482,477
Net income (gross income less expenses)2023-12-31$2,897,174
Net plan assets at end of year (total assets less liabilities)2023-12-31$10,746,050
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$7,848,876
Assets. Value of participant loans2023-12-31$5,271
Total contributions received or receivable from employer(s)2023-12-31$0
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$1,170
2021 : BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,671,570
Expenses. Total of all expenses incurred2021-12-31$104,911
Benefits paid (including direct rollovers)2021-12-31$103,816
Total plan assets at end of year2021-12-31$11,051,240
Total plan assets at beginning of year2021-12-31$9,484,581
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$449,178
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$1,222,392
Net income (gross income less expenses)2021-12-31$1,566,659
Net plan assets at end of year (total assets less liabilities)2021-12-31$11,051,240
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$9,484,581
Assets. Value of participant loans2021-12-31$81,064
Total contributions received or receivable from employer(s)2021-12-31$0
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$1,095
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Funding deficiency by the employer to the plan for this plan year2021-12-31$0
Minimum employer required contribution for this plan year2021-12-31$0
Amount contributed by the employer to the plan for this plan year2021-12-31$0
2020 : BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 2020 401k financial data
Transfers to/from the plan2020-12-31$0
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$2,478,581
Expenses. Total of all expenses incurred2020-12-31$1,047,020
Benefits paid (including direct rollovers)2020-12-31$1,044,689
Total plan assets at end of year2020-12-31$9,484,581
Total plan assets at beginning of year2020-12-31$8,053,020
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$475,358
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$22,394
Other income received2020-12-31$1,980,829
Net income (gross income less expenses)2020-12-31$1,431,561
Net plan assets at end of year (total assets less liabilities)2020-12-31$9,484,581
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$8,053,020
Assets. Value of participant loans2020-12-31$166,300
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$2,331
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Funding deficiency by the employer to the plan for this plan year2020-12-31$0
Minimum employer required contribution for this plan year2020-12-31$0
Amount contributed by the employer to the plan for this plan year2020-12-31$0

Form 5500 Responses for BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST

2023: BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 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
2021: BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BAY AREA HOSPITALISTS PA 401 K PROFIT SHARING PLAN TRUST 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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