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ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN
Plan identification number 003

ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ORTHOPAEDIC SPECIALTY GROUP, P.C. has sponsored the creation of one or more 401k plans.

Company Name:ORTHOPAEDIC SPECIALTY GROUP, P.C.
Employer identification number (EIN):061455612
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01ROBERT D. RUSSO, MD2018-07-16
0032016-01-01ROBERT D. RUSSO, MD2017-06-05
0032015-01-01ROBERT D. RUSSO, MD2016-10-07
0032014-01-01ROBERT D. RUSSO, MD
0032013-01-01ROBERT D. RUSSO, MD
0032012-01-01ROBERT D. RUSSO, MD
0032011-01-01ROBERT D. RUSSO, MD
0032010-01-01ROBERT D. RUSSO, MD
0032009-01-01ROBERT D. RUSSO, MD

Plan Statistics for ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0143
Total number of active participants reported on line 7a of the Form 55002014-01-0119
Number of retired or separated participants receiving benefits2014-01-012
Number of other retired or separated participants entitled to future benefits2014-01-0117
Total of all active and inactive participants2014-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0138
Number of participants with account balances2014-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0188
Total number of active participants reported on line 7a of the Form 55002013-01-0118
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-0124
Total of all active and inactive participants2013-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0143
Number of participants with account balances2013-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01113
Total number of active participants reported on line 7a of the Form 55002012-01-0171
Number of retired or separated participants receiving benefits2012-01-011
Number of other retired or separated participants entitled to future benefits2012-01-0116
Total of all active and inactive participants2012-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0188
Number of participants with account balances2012-01-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01114
Total number of active participants reported on line 7a of the Form 55002011-01-0179
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0134
Total of all active and inactive participants2011-01-01113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01113
Number of participants with account balances2011-01-0193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01135
Total number of active participants reported on line 7a of the Form 55002010-01-0177
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0137
Total of all active and inactive participants2010-01-01114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01114
Number of participants with account balances2010-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01140
Total number of active participants reported on line 7a of the Form 55002009-01-0195
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0140
Total of all active and inactive participants2009-01-01135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01135
Number of participants with account balances2009-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014 : ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$112,950
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$197,648
Expenses. Total of all expenses incurred2014-12-31$1,075,654
Benefits paid (including direct rollovers)2014-12-31$1,075,654
Total plan assets at end of year2014-12-31$1,863,994
Total plan assets at beginning of year2014-12-31$2,629,050
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$56,242
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$141,406
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$-878,006
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,863,994
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,629,050
Assets. Value of participant loans2014-12-31$12,084
Total contributions received or receivable from employer(s)2014-12-31$0
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$0
2013 : ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$796,573
Expenses. Total of all expenses incurred2013-12-31$1,664,843
Benefits paid (including direct rollovers)2013-12-31$1,658,079
Total plan assets at end of year2013-12-31$2,629,050
Total plan assets at beginning of year2013-12-31$3,497,320
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$155,965
Other income received2013-12-31$639,181
Net income (gross income less expenses)2013-12-31$-868,270
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,629,050
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$3,497,320
Assets. Value of participant loans2013-12-31$3,858
Total contributions received or receivable from employer(s)2013-12-31$1,427
Value of certain deemed distributions of participant loans2013-12-31$2,880
Value of corrective distributions2013-12-31$3,884
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$640,736
Total of all expenses incurred2012-12-31$404,532
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$404,532
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$213,683
Value of total assets at end of year2012-12-31$3,497,320
Value of total assets at beginning of year2012-12-31$3,261,116
Total interest from all sources2012-12-31$742
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$200,000
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$213,683
Participant contributions at end of year2012-12-31$9,028
Participant contributions at beginning of year2012-12-31$6,073
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$236,204
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,497,320
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,261,116
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$3,488,292
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,255,043
Interest on participant loans2012-12-31$742
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$426,311
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$404,532
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 name2012-12-31SIMIONE MACCA AND LARROW LLP
Accountancy firm EIN2012-12-31067586075
2011 : ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total transfer of assets from this plan2011-12-31$12,579
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$117,249
Total of all expenses incurred2011-12-31$263,042
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$263,042
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$221,106
Value of total assets at end of year2011-12-31$3,261,116
Value of total assets at beginning of year2011-12-31$3,419,488
Total interest from all sources2011-12-31$532
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$200,000
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$221,106
Participant contributions at end of year2011-12-31$6,073
Participant contributions at beginning of year2011-12-31$13,136
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
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
Income. Non cash contributions2011-12-31$0
Value of net income/loss2011-12-31$-145,793
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,261,116
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,419,488
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$3,255,043
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,406,352
Income. Interest from loans (other than to participants)2011-12-31$532
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-104,389
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$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$263,042
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 name2011-12-31SIMIONE MACCA AND LARROW LLP
Accountancy firm EIN2011-12-31067586075
2010 : ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2010 401k financial data
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$501,986
Total of all expenses incurred2010-12-31$211,200
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$211,200
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$199,190
Value of total assets at end of year2010-12-31$3,419,488
Value of total assets at beginning of year2010-12-31$3,128,702
Total interest from all sources2010-12-31$740
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$200,000
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$199,190
Participant contributions at end of year2010-12-31$13,136
Participant contributions at beginning of year2010-12-31$14,815
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
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$290,786
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,419,488
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,128,702
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$3,406,352
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$3,113,887
Interest on participant loans2010-12-31$740
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$302,056
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$211,200
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 name2010-12-31SIMIONE MACCA AND LARROW LLP
Accountancy firm EIN2010-12-31061586075
2009 : ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING 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 ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN

2014: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: ROBERT D. RUSSO AND ASSOC RADIOLOGY, P.C. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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