401k Plan data: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN plan

DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 401k Plan overview

Plan Name	DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN
Plan identification number	002

DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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

DAVID W. PARKS,DMD,MSD,PS has sponsored the creation of one or more 401k plans.

Company Name: DAVID W. PARKS,DMD,MSD,PS

Employer identification number (EIN): 911212500

NAIC Classification: 621210
NAIC Description: Offices of Dentists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2020-01-01
002 2019-01-01
002 2018-01-01

Plan Statistics for DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN

401k plan membership statisitcs for DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN

Measure Date Value
2020: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 6
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 1
Total of all active and inactive participants 2020-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 7
Number of participants with account balances 2020-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 7
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 7
Number of participants with account balances 2019-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 8
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 8
Number of participants with account balances 2018-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2020: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	6
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	1
Total of all active and inactive participants	2020-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	7
Number of participants with account balances	2020-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	7
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	7
Number of participants with account balances	2019-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	8
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	8
Number of participants with account balances	2018-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN

Measure	Date	Value
2020 : DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$104,976
Expenses. Total of all expenses incurred	2020-12-31	$84
Total plan assets at end of year	2020-12-31	$1,773,462
Total plan assets at beginning of year	2020-12-31	$1,668,570
Value of fidelity bond covering the plan	2020-12-31	$100,000
Assets. Value of loans (other than to participants)	2020-12-31	$75,000
Expenses. Other expenses not covered elsewhere	2020-12-31	$84
Other income received	2020-12-31	$98,895
Net income (gross income less expenses)	2020-12-31	$104,892
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,773,462
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,668,570
Assets. Value of participant loans	2020-12-31	$20,000
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$738,002
Total contributions received or receivable from employer(s)	2020-12-31	$6,081
2019 : DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$-46,517
Total income from all sources	2019-12-31	$99,499
Expenses. Total of all expenses incurred	2019-12-31	$37
Total plan assets at end of year	2019-12-31	$1,668,570
Total plan assets at beginning of year	2019-12-31	$1,615,625
Value of fidelity bond covering the plan	2019-12-31	$100,000
Assets. Value of loans (other than to participants)	2019-12-31	$90,000
Expenses. Other expenses not covered elsewhere	2019-12-31	$37
Other income received	2019-12-31	$92,788
Net income (gross income less expenses)	2019-12-31	$99,462
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,668,570
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,615,625
Assets. Value of participant loans	2019-12-31	$20,000
Assets. Value of assets in partnership/joint-venture interests	2019-12-31	$652,854
Total contributions received or receivable from employer(s)	2019-12-31	$6,711
2018 : DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$92,625
Expenses. Total of all expenses incurred	2018-12-31	$222
Total plan assets at end of year	2018-12-31	$1,615,625
Total plan assets at beginning of year	2018-12-31	$1,523,222
Value of fidelity bond covering the plan	2018-12-31	$100,000
Assets. Value of loans (other than to participants)	2018-12-31	$105,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$222
Other income received	2018-12-31	$86,218
Net income (gross income less expenses)	2018-12-31	$92,403
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$1,615,625
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,523,222
Assets. Value of participant loans	2018-12-31	$20,000
Assets. Value of assets in partnership/joint-venture interests	2018-12-31	$590,706
Total contributions received or receivable from employer(s)	2018-12-31	$6,407

Form 5500 Responses for DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN

2020: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: DAVID W. PARKS, DMD, MSD, PS PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	DAVID W. PARKS,DMD,MSD,PS
Employer identification number (EIN):	911212500
NAIC Classification:	621210
NAIC Description:	Offices of Dentists