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GFSA PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameGFSA PROFIT SHARING PLAN & TRUST
Plan identification number 001

GFSA PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

GREAT FALLS SURGICAL ASSOCIATES has sponsored the creation of one or more 401k plans.

Company Name:GREAT FALLS SURGICAL ASSOCIATES
Employer identification number (EIN):010721166
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GFSA PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DALE MORTENSON2023-03-30
0012021-01-01DALE MORTENSON2022-10-17
0012021-01-01DALE MORTENSON2023-03-28
0012020-01-01DALE MORTENSON2021-06-01
0012019-01-01
0012018-01-01DALE MORTENSON
0012017-01-01DALE MORTENSON
0012016-01-01DALE MORTENSON
0012015-01-01DALE MORTENSON
0012014-01-01DALE MORTENSON
0012013-01-01DALE MORTENSON2014-05-06
0012012-01-01DALE MORTENSON2013-02-28
0012011-01-01DALE MORTENSON2012-02-16
0012010-01-01DALE MORTENSON2011-04-21 DALE MORTENSON2011-04-21

Plan Statistics for GFSA PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for GFSA PROFIT SHARING PLAN & TRUST

Measure Date Value
2019: GFSA PROFIT SHARING PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0117
Total number of active participants reported on line 7a of the Form 55002019-01-0110
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-016
Total of all active and inactive participants2019-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0117
Number of participants with account balances2019-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: GFSA PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0116
Total number of active participants reported on line 7a of the Form 55002018-01-0113
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-013
Total of all active and inactive participants2018-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0117
Number of participants with account balances2018-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2017: GFSA PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0116
Total number of active participants reported on line 7a of the Form 55002017-01-0113
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0116
Number of participants with account balances2017-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: GFSA PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0118
Total number of active participants reported on line 7a of the Form 55002016-01-0113
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-012
Total of all active and inactive participants2016-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0116
Number of participants with account balances2016-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: GFSA PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0117
Total number of active participants reported on line 7a of the Form 55002015-01-0111
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-014
Total of all active and inactive participants2015-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0116
Number of participants with account balances2015-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: GFSA PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0118
Total number of active participants reported on line 7a of the Form 55002014-01-0112
Number of retired or separated participants receiving benefits2014-01-012
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-0117
Number of participants with account balances2014-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on GFSA PROFIT SHARING PLAN & TRUST

Measure Date Value
2019 : GFSA PROFIT SHARING PLAN & TRUST 2019 401k financial data
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$590,086
Expenses. Total of all expenses incurred2019-12-31$36,778
Benefits paid (including direct rollovers)2019-12-31$24,077
Total plan assets at end of year2019-12-31$2,260,829
Total plan assets at beginning of year2019-12-31$1,707,521
Value of fidelity bond covering the plan2019-12-31$250,000
Total contributions received or receivable from participants2019-12-31$76,245
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$452,737
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$553,308
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,260,829
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,707,521
Assets. Value of assets in partnership/joint-venture interests2019-12-31$43,000
Total contributions received or receivable from employer(s)2019-12-31$61,104
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$12,701
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : GFSA PROFIT SHARING PLAN & TRUST 2018 401k financial data
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$11,885
Expenses. Total of all expenses incurred2018-12-31$39,278
Benefits paid (including direct rollovers)2018-12-31$25,930
Total plan assets at end of year2018-12-31$1,707,521
Total plan assets at beginning of year2018-12-31$1,734,914
Value of fidelity bond covering the plan2018-12-31$250,000
Total contributions received or receivable from participants2018-12-31$64,630
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-113,956
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-27,393
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,707,521
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,734,914
Assets. Value of assets in partnership/joint-venture interests2018-12-31$43,000
Total contributions received or receivable from employer(s)2018-12-31$61,211
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$13,348
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : GFSA PROFIT SHARING PLAN & TRUST 2017 401k financial data
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$373,582
Expenses. Total of all expenses incurred2017-12-31$10,538
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$1,734,914
Total plan assets at beginning of year2017-12-31$1,371,870
Value of fidelity bond covering the plan2017-12-31$250,000
Total contributions received or receivable from participants2017-12-31$85,950
Expenses. Other expenses not covered elsewhere2017-12-31$0
Other income received2017-12-31$222,648
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$363,044
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,734,914
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,371,870
Assets. Value of assets in partnership/joint-venture interests2017-12-31$43,000
Total contributions received or receivable from employer(s)2017-12-31$64,984
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$10,538
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : GFSA PROFIT SHARING PLAN & TRUST 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$342,849
Expenses. Total of all expenses incurred2016-12-31$89,097
Benefits paid (including direct rollovers)2016-12-31$80,350
Total plan assets at end of year2016-12-31$1,371,870
Total plan assets at beginning of year2016-12-31$1,118,118
Value of fidelity bond covering the plan2016-12-31$250,000
Total contributions received or receivable from participants2016-12-31$85,950
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$192,514
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$253,752
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,371,870
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,118,118
Assets. Value of assets in partnership/joint-venture interests2016-12-31$43,000
Total contributions received or receivable from employer(s)2016-12-31$64,385
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$8,747
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : GFSA PROFIT SHARING PLAN & TRUST 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$81,741
Expenses. Total of all expenses incurred2015-12-31$7,480
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$1,118,118
Total plan assets at beginning of year2015-12-31$1,043,857
Value of fidelity bond covering the plan2015-12-31$250,000
Total contributions received or receivable from participants2015-12-31$69,225
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-38,708
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$74,261
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,118,118
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,043,857
Assets. Value of assets in partnership/joint-venture interests2015-12-31$43,000
Total contributions received or receivable from employer(s)2015-12-31$51,224
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$7,480
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : GFSA PROFIT SHARING PLAN & TRUST 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$174,862
Expenses. Total of all expenses incurred2014-12-31$44,375
Benefits paid (including direct rollovers)2014-12-31$37,198
Total plan assets at end of year2014-12-31$1,043,857
Total plan assets at beginning of year2014-12-31$913,370
Value of fidelity bond covering the plan2014-12-31$250,000
Total contributions received or receivable from participants2014-12-31$47,490
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$74,517
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$130,487
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,043,857
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$913,370
Assets. Value of assets in partnership/joint-venture interests2014-12-31$43,000
Total contributions received or receivable from employer(s)2014-12-31$52,855
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$7,177
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0

Form 5500 Responses for GFSA PROFIT SHARING PLAN & TRUST

2019: GFSA PROFIT SHARING PLAN & TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: GFSA PROFIT SHARING PLAN & TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: GFSA PROFIT SHARING PLAN & TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: GFSA PROFIT SHARING PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: GFSA PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: GFSA PROFIT SHARING PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

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