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THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 401k Plan overview

Plan NameTHE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN
Plan identification number 001

THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

SOUTHBORO MEDICAL GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTHBORO MEDICAL GROUP, INC.
Employer identification number (EIN):042487729
NAIC Classification:621399
NAIC Description:Offices of All Other Miscellaneous Health Practitioners

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01
0012016-01-01KAREN MARTUCCI
0012015-01-01KAREN MARTUCCI JOSEPH RICCIARDI2016-10-03
0012014-01-01KAREN MARTUCCI
0012013-01-01KATHRYN TOMASHUNAS KATHRYN TOMASHUNAS2014-08-21
0012012-01-01KATHRYN TOMASHUNAS KATHRYN TOMASHUNAS2013-10-03
0012011-01-01KATHRYN TOMASHUNAS
0012010-01-01KATHRYN TOMASHUNAS
0012009-01-01KATHRYN TOMASHUNAS

Plan Statistics for THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

401k plan membership statisitcs for THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

Measure Date Value
2017: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01614
Total number of active participants reported on line 7a of the Form 55002017-01-01426
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01155
Total of all active and inactive participants2017-01-01581
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01582
Number of participants with account balances2017-01-01406
2016: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01622
Total number of active participants reported on line 7a of the Form 55002016-01-01444
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01169
Total of all active and inactive participants2016-01-01613
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01614
Number of participants with account balances2016-01-01431
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01628
Total number of active participants reported on line 7a of the Form 55002015-01-01465
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01156
Total of all active and inactive participants2015-01-01621
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01622
Number of participants with account balances2015-01-01463
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01600
Total number of active participants reported on line 7a of the Form 55002014-01-01511
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01115
Total of all active and inactive participants2014-01-01626
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-012
Total participants2014-01-01628
Number of participants with account balances2014-01-01511
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0118
2013: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01591
Total number of active participants reported on line 7a of the Form 55002013-01-01499
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0199
Total of all active and inactive participants2013-01-01598
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012
Total participants2013-01-01600
Number of participants with account balances2013-01-01498
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0122
2012: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01616
Total number of active participants reported on line 7a of the Form 55002012-01-01505
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0186
Total of all active and inactive participants2012-01-01591
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01591
Number of participants with account balances2012-01-01465
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-017
2011: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01640
Total number of active participants reported on line 7a of the Form 55002011-01-01485
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01126
Total of all active and inactive participants2011-01-01611
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01611
Number of participants with account balances2011-01-01503
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0110
2010: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01632
Total number of active participants reported on line 7a of the Form 55002010-01-01497
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01139
Total of all active and inactive participants2010-01-01636
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01636
Number of participants with account balances2010-01-01500
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0114
2009: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01612
Total number of active participants reported on line 7a of the Form 55002009-01-01509
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01123
Total of all active and inactive participants2009-01-01632
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01632
Number of participants with account balances2009-01-01393
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

Measure Date Value
2017 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$5,971,727
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$3,096,981
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,952,766
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$0
Value of total assets at end of year2017-12-31$39,085,063
Value of total assets at beginning of year2017-12-31$36,210,317
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$144,215
Total interest from all sources2017-12-31$12,437
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$479,538
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$479,538
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Participant contributions at end of year2017-12-31$286,635
Participant contributions at beginning of year2017-12-31$311,131
Other income not declared elsewhere2017-12-31$2
Administrative expenses (other) incurred2017-12-31$52,275
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,874,746
Value of net assets at end of year (total assets less liabilities)2017-12-31$39,085,063
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$36,210,317
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$91,940
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$34,066,513
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$31,301,369
Interest on participant loans2017-12-31$12,437
Value of interest in common/collective trusts at end of year2017-12-31$4,731,915
Value of interest in common/collective trusts at beginning of year2017-12-31$4,597,817
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$5,403,772
Net investment gain or loss from common/collective trusts2017-12-31$75,978
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,952,766
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2017-12-31043499945
2016 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$2,881,682
Total loss/gain on sale of assets2016-12-31$34
Total of all expenses incurred2016-12-31$4,148,861
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$3,994,284
Expenses. Certain deemed distributions of participant loans2016-12-31$15,003
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$0
Value of total assets at end of year2016-12-31$36,210,317
Value of total assets at beginning of year2016-12-31$37,477,496
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$139,574
Total interest from all sources2016-12-31$14,529
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$490,031
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$490,031
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Participant contributions at end of year2016-12-31$311,131
Participant contributions at beginning of year2016-12-31$445,688
Other income not declared elsewhere2016-12-31$-7
Administrative expenses (other) incurred2016-12-31$139,574
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-1,267,179
Value of net assets at end of year (total assets less liabilities)2016-12-31$36,210,317
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$37,477,496
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$31,301,369
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$32,183,719
Interest on participant loans2016-12-31$14,529
Value of interest in common/collective trusts at end of year2016-12-31$4,597,817
Value of interest in common/collective trusts at beginning of year2016-12-31$4,848,089
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$2,305,374
Net investment gain or loss from common/collective trusts2016-12-31$71,721
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$3,994,284
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$34
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2016-12-31043499945
2015 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$240,437
Total loss/gain on sale of assets2015-12-31$26
Total of all expenses incurred2015-12-31$6,937,459
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$6,775,433
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$0
Value of total assets at end of year2015-12-31$37,477,496
Value of total assets at beginning of year2015-12-31$44,174,518
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$162,026
Total interest from all sources2015-12-31$18,663
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$546,954
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$546,954
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Participant contributions at end of year2015-12-31$445,688
Participant contributions at beginning of year2015-12-31$520,952
Other income not declared elsewhere2015-12-31$-715
Administrative expenses (other) incurred2015-12-31$162,026
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-6,697,022
Value of net assets at end of year (total assets less liabilities)2015-12-31$37,477,496
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$44,174,518
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$32,183,719
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$37,269,696
Interest on participant loans2015-12-31$18,663
Value of interest in common/collective trusts at end of year2015-12-31$4,848,089
Value of interest in common/collective trusts at beginning of year2015-12-31$5,717,335
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-321,148
Net investment gain or loss from common/collective trusts2015-12-31$-3,343
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Employer contributions (assets) at beginning of year2015-12-31$666,535
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$6,775,433
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$26
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2015-12-31043499945
2014 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$5,239,960
Total loss/gain on sale of assets2014-12-31$812
Total of all expenses incurred2014-12-31$1,952,132
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,789,068
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,736,110
Value of total assets at end of year2014-12-31$44,174,518
Value of total assets at beginning of year2014-12-31$40,886,690
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$163,064
Total interest from all sources2014-12-31$20,024
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,372,133
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$2,372,133
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$2,069,575
Participant contributions at end of year2014-12-31$520,952
Participant contributions at beginning of year2014-12-31$449,395
Other income not declared elsewhere2014-12-31$1,165
Administrative expenses (other) incurred2014-12-31$163,064
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$3,287,828
Value of net assets at end of year (total assets less liabilities)2014-12-31$44,174,518
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$40,886,690
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$37,269,696
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$33,861,159
Interest on participant loans2014-12-31$20,024
Value of interest in common/collective trusts at end of year2014-12-31$5,717,335
Value of interest in common/collective trusts at beginning of year2014-12-31$5,547,031
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$59,495
Net investment gain or loss from common/collective trusts2014-12-31$50,221
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$666,535
Employer contributions (assets) at end of year2014-12-31$666,535
Employer contributions (assets) at beginning of year2014-12-31$1,029,105
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,789,068
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$812
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2014-12-31043499945
2013 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$9,429,691
Total loss/gain on sale of assets2013-12-31$10,615
Total of all expenses incurred2013-12-31$2,132,871
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,984,873
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$3,152,287
Value of total assets at end of year2013-12-31$40,886,690
Value of total assets at beginning of year2013-12-31$33,589,870
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$147,998
Total interest from all sources2013-12-31$16,037
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$1,296,301
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$1,296,301
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$2,046,130
Participant contributions at end of year2013-12-31$449,395
Participant contributions at beginning of year2013-12-31$310,881
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$77,052
Other income not declared elsewhere2013-12-31$353
Administrative expenses (other) incurred2013-12-31$147,998
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$7,296,820
Value of net assets at end of year (total assets less liabilities)2013-12-31$40,886,690
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$33,589,870
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$33,861,159
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$26,503,407
Interest on participant loans2013-12-31$16,037
Value of interest in common/collective trusts at end of year2013-12-31$5,547,031
Value of interest in common/collective trusts at beginning of year2013-12-31$6,129,747
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$5,040,028
Net investment gain or loss from common/collective trusts2013-12-31$-85,930
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,029,105
Employer contributions (assets) at end of year2013-12-31$1,029,105
Employer contributions (assets) at beginning of year2013-12-31$645,835
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,984,873
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$10,615
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2013-12-31043499945
2012 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$7,811,359
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,621,425
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,498,826
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$4,356,196
Value of total assets at end of year2012-12-31$33,589,870
Value of total assets at beginning of year2012-12-31$27,399,936
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$122,599
Total interest from all sources2012-12-31$13,242
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$609,893
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$609,893
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,958,127
Participant contributions at end of year2012-12-31$310,881
Participant contributions at beginning of year2012-12-31$299,777
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$140,314
Other income not declared elsewhere2012-12-31$-13
Administrative expenses (other) incurred2012-12-31$122,599
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$6,189,934
Value of net assets at end of year (total assets less liabilities)2012-12-31$33,589,870
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$27,399,936
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$26,503,407
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$21,621,665
Interest on participant loans2012-12-31$13,242
Value of interest in common/collective trusts at end of year2012-12-31$6,129,747
Value of interest in common/collective trusts at beginning of year2012-12-31$5,478,494
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$2,923,609
Net investment gain or loss from common/collective trusts2012-12-31$-91,568
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$2,257,755
Employer contributions (assets) at end of year2012-12-31$645,835
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,498,826
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2012-12-31043499945
2011 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$2,547,548
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$767,838
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$598,812
Value of total corrective distributions2011-12-31$73,729
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,821,436
Value of total assets at end of year2011-12-31$27,399,936
Value of total assets at beginning of year2011-12-31$25,620,226
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$95,297
Total interest from all sources2011-12-31$11,962
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$322,167
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$322,167
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,819,932
Participant contributions at end of year2011-12-31$299,777
Participant contributions at beginning of year2011-12-31$251,998
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$33,269
Other income not declared elsewhere2011-12-31$93,089
Administrative expenses (other) incurred2011-12-31$95,297
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,779,710
Value of net assets at end of year (total assets less liabilities)2011-12-31$27,399,936
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$25,620,226
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$21,621,665
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$20,151,999
Interest on participant loans2011-12-31$11,962
Value of interest in common/collective trusts at end of year2011-12-31$5,478,494
Value of interest in common/collective trusts at beginning of year2011-12-31$5,216,229
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-920,543
Net investment gain or loss from common/collective trusts2011-12-31$219,437
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$968,235
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$598,812
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2011-12-31043499945
2010 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$5,307,483
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,240,286
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,140,349
Value of total corrective distributions2010-12-31$24,929
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,694,660
Value of total assets at end of year2010-12-31$25,620,226
Value of total assets at beginning of year2010-12-31$21,553,029
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$75,008
Total interest from all sources2010-12-31$11,572
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$319,822
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$319,822
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,636,496
Participant contributions at end of year2010-12-31$251,998
Participant contributions at beginning of year2010-12-31$206,994
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$56,252
Other income not declared elsewhere2010-12-31$40,955
Administrative expenses (other) incurred2010-12-31$75,008
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$4,067,197
Value of net assets at end of year (total assets less liabilities)2010-12-31$25,620,226
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$21,553,029
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$20,151,999
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$16,928,212
Interest on participant loans2010-12-31$11,572
Value of interest in common/collective trusts at end of year2010-12-31$5,216,229
Value of interest in common/collective trusts at beginning of year2010-12-31$4,417,823
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$2,051,186
Net investment gain or loss from common/collective trusts2010-12-31$189,288
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,001,912
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,140,349
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2010-12-31043499945
2009 : THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN

2017: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 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: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 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: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 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: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 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
2013: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 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
2012: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE SOUTHBORO MEDICAL GROUP, INC. SAVINGS AND RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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