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R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameR AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

R & G DRUGS INC has sponsored the creation of one or more 401k plans.

Company Name:R & G DRUGS INC
Employer identification number (EIN):861156222
NAIC Classification:446110
NAIC Description:Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01VILPESH PATEL2019-03-20
0012017-01-01VILPESH K PATEL2018-06-25
0012016-01-01VILPESH PATEL2017-05-17
0012015-01-01VILPESH K PATEL2016-05-25
0012014-01-01VILPESHKUMAR K PATEL2015-05-15
0012013-01-01VILPESHKUMAR PATEL
0012012-12-01MARK ZINGLE2015-02-12
0012012-01-01RAJAN PATEL2013-07-24
0012011-12-01MARK ZINGLE2013-08-12
0012011-01-01RAJAN PATEL2012-10-12
0012010-12-01MARK ZINGLE2012-07-11
0012010-01-01RAJAN PATEL2011-04-25
0012008-12-01

Plan Statistics for R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2013: R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-013
Total number of active participants reported on line 7a of the Form 55002013-01-013
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-014
Number of participants with account balances2013-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010

Financial Data on R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2013 : R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$86,440
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$255,593
Total plan assets at beginning of year2013-12-31$169,153
Value of fidelity bond covering the plan2013-12-31$0
Total contributions received or receivable from participants2013-12-31$35,000
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$49,920
Net income (gross income less expenses)2013-12-31$86,440
Net plan assets at end of year (total assets less liabilities)2013-12-31$255,593
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$169,153
Total contributions received or receivable from employer(s)2013-12-31$1,520
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0

Form 5500 Responses for R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST

2013: R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2008: R AND G DRUGS INC 401 K PROFIT SHARING PLAN TRUST 2008 form 5500 responses
2008-12-01Type of plan entitySingle employer plan
2008-12-01Submission has been amendedNo
2008-12-01This submission is the final filingNo
2008-12-01This return/report is a short plan year return/report (less than 12 months)No
2008-12-01Plan is a collectively bargained planNo

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