401k Plan data: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN plan

PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 401k Plan overview

Plan Name	PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN
Plan identification number	003

PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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).
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.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
Plan covering Self-Employed individuals.
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

PARAMUS MEDICAL & SPORTS REHABILITATION CENTER LLC has sponsored the creation of one or more 401k plans.

Company Name: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER LLC

Employer identification number (EIN): 010558502

NAIC Classification: 621340
NAIC Description: Offices of Physical, Occupational and Speech Therapists, and Audiologists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2021-01-01 MARC PICCHIERRI 2022-09-30
003 2021-01-01 MARC PICCHIERRI 2024-09-24
003 2020-01-01
003 2019-01-01
003 2018-01-01 MARC PICCHIERRI
003 2017-01-01 MARC PICCHIERRI
003 2016-01-01 MARC PICCHIERRI
003 2015-01-01 MARC PICCHIERRI
003 2014-01-01 MARC PICCHIERRI
003 2013-01-01 MARC PICCHIERRI

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2021-01-01	MARC PICCHIERRI	2022-09-30
003	2021-01-01	MARC PICCHIERRI	2024-09-24
003	2020-01-01
003	2019-01-01
003	2018-01-01	MARC PICCHIERRI
003	2017-01-01	MARC PICCHIERRI
003	2016-01-01	MARC PICCHIERRI
003	2015-01-01	MARC PICCHIERRI
003	2014-01-01	MARC PICCHIERRI
003	2013-01-01	MARC PICCHIERRI

Financial Data on PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN

Measure	Date	Value
2024 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year	2024-09-24	0
Total liabilities as of the end of the plan year	2024-09-24	0
Total liabilities as of the beginning of the plan year	2024-09-24	0
Total expenses incurred by plan in this plan year	2024-09-24	423213
Net assets as of the end of the plan year	2024-09-24	1974479
Total assets as of the beginning of the plan year	2024-09-24	1890603
Value of plan covered by a fidelity bond	2024-09-24	250000
Participant contributions to plan in this plan year	2024-09-24	92114
Value of participant loans at end of plan year	2024-09-24	21292
Other expenses paid from plan in this plan year	2024-09-24	0
Other contributions to plan in this plan year	2024-09-24	145
Other income to plan in this plan year	2024-09-24	265584
Plan net income in this plan year	2024-09-24	83876
Net assets as of the end of the plan year	2024-09-24	1974479
Net assets as of the beginning of the plan year	2024-09-24	1890603
Employer contributions to plan in this plan year	2024-09-24	149246
Fees paid to broker by Benefit Provider	2024-09-24	22
Expensese paid to adminstrative service provicers from plan in this plan year	2024-09-24	17838
2020 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$1,031,616
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$343,576
Expenses. Total of all expenses incurred	2020-12-31	$246,450
Benefits paid (including direct rollovers)	2020-12-31	$240,342
Total plan assets at end of year	2020-12-31	$1,890,603
Total plan assets at beginning of year	2020-12-31	$761,861
Value of fidelity bond covering the plan	2020-12-31	$250,000
Total contributions received or receivable from participants	2020-12-31	$39,866
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$178,769
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$97,126
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,890,603
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$761,861
Assets. Value of participant loans	2020-12-31	$2,741
Total contributions received or receivable from employer(s)	2020-12-31	$124,941
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$6,108
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$2,752
Total income from all sources	2019-12-31	$205,631
Expenses. Total of all expenses incurred	2019-12-31	$8,771
Benefits paid (including direct rollovers)	2019-12-31	$4,674
Total plan assets at end of year	2019-12-31	$761,861
Total plan assets at beginning of year	2019-12-31	$567,753
Value of fidelity bond covering the plan	2019-12-31	$250,000
Total contributions received or receivable from participants	2019-12-31	$0
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$98,115
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$196,860
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$761,861
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$565,001
Total contributions received or receivable from employer(s)	2019-12-31	$107,516
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$4,097
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$2,752
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$57,890
Expenses. Total of all expenses incurred	2018-12-31	$45,481
Benefits paid (including direct rollovers)	2018-12-31	$41,909
Total plan assets at end of year	2018-12-31	$567,753
Total plan assets at beginning of year	2018-12-31	$552,592
Value of fidelity bond covering the plan	2018-12-31	$250,000
Total contributions received or receivable from participants	2018-12-31	$0
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-42,528
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$12,409
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$565,001
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$552,592
Total contributions received or receivable from employer(s)	2018-12-31	$100,418
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$3,572
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$150,938
Expenses. Total of all expenses incurred	2017-12-31	$34,461
Benefits paid (including direct rollovers)	2017-12-31	$31,531
Total plan assets at end of year	2017-12-31	$552,592
Total plan assets at beginning of year	2017-12-31	$436,115
Value of fidelity bond covering the plan	2017-12-31	$250,000
Total contributions received or receivable from participants	2017-12-31	$0
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$53,549
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$116,477
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$552,592
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$436,115
Total contributions received or receivable from employer(s)	2017-12-31	$97,389
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$2,930
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$583
Total income from all sources	2016-12-31	$115,452
Expenses. Total of all expenses incurred	2016-12-31	$35,844
Benefits paid (including direct rollovers)	2016-12-31	$35,844
Total plan assets at end of year	2016-12-31	$436,115
Total plan assets at beginning of year	2016-12-31	$357,090
Value of fidelity bond covering the plan	2016-12-31	$100,000
Total contributions received or receivable from participants	2016-12-31	$0
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$27,453
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$79,608
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$436,115
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$356,507
Total contributions received or receivable from employer(s)	2016-12-31	$87,999
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$583
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$79,022
Expenses. Total of all expenses incurred	2015-12-31	$4,904
Benefits paid (including direct rollovers)	2015-12-31	$4,904
Total plan assets at end of year	2015-12-31	$357,090
Total plan assets at beginning of year	2015-12-31	$282,389
Total contributions received or receivable from participants	2015-12-31	$0
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-3,061
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$74,118
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$356,507
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$282,389
Total contributions received or receivable from employer(s)	2015-12-31	$82,083
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$159,795
Expenses. Total of all expenses incurred	2014-12-31	$0
Total plan assets at end of year	2014-12-31	$282,389
Total plan assets at beginning of year	2014-12-31	$122,594
Total contributions received or receivable from participants	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$3,211
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$159,795
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$282,389
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$122,594
Total contributions received or receivable from employer(s)	2014-12-31	$156,584
2013 : PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$122,594
Expenses. Total of all expenses incurred	2013-12-31	$0
Benefits paid (including direct rollovers)	2013-12-31	$0
Total plan assets at end of year	2013-12-31	$122,594
Total plan assets at beginning of year	2013-12-31	$0
Total contributions received or receivable from participants	2013-12-31	$0
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$0
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$122,594
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$122,594
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$0
Total contributions received or receivable from employer(s)	2013-12-31	$122,594
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0

Form 5500 Responses for PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN

2020: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PARAMUS MEDICAL & SPORTS REHABILITATION CENTER PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	First time form 5500 has been submitted	Yes
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number	470746
Policy instance	1

Potentially related plans

PARAMUS MEDICAL IMAGING LLC PENSION PLAN [EIN = 743243536]

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Company Name:	PARAMUS MEDICAL & SPORTS REHABILITATION CENTER LLC
Employer identification number (EIN):	010558502
NAIC Classification:	621340
NAIC Description:	Offices of Physical, Occupational and Speech Therapists, and Audiologists