401k Plan data: PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN plan

PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN
Plan identification number	001

PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.

401k Sponsoring company profile

PATEL MEDICAL ASSOCIATES LLC has sponsored the creation of one or more 401k plans.

Company Name: PATEL MEDICAL ASSOCIATES LLC

Employer identification number (EIN): 200206336

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 RASILA PATEL 2024-09-18 RASILA PATEL 2024-09-18
001 2022-01-01 KAUSHIK P. PATEL 2023-09-11
001 2021-01-01 KAUSHIK P. PATEL 2022-10-06
001 2020-01-01 KAUSHIK P. PATEL 2021-08-31
001 2019-01-01 KAUSHIK P. PATEL 2020-06-30
001 2018-01-01 KAUSHIK P. PATEL 2019-04-30
001 2017-01-01 KAUSHIK P. PATEL 2018-04-23
001 2016-01-01 KAUSHIK P. PATEL 2017-04-12
001 2015-01-01 KAUSHIK P. PATEL 2016-04-06
001 2014-01-01 KAUSHIK P. PATEL 2015-03-27
001 2013-01-01 KAUSHIK P. PATEL

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	RASILA PATEL	2024-09-18	RASILA PATEL	2024-09-18
001	2022-01-01	KAUSHIK P. PATEL	2023-09-11
001	2021-01-01	KAUSHIK P. PATEL	2022-10-06
001	2020-01-01	KAUSHIK P. PATEL	2021-08-31
001	2019-01-01	KAUSHIK P. PATEL	2020-06-30
001	2018-01-01	KAUSHIK P. PATEL	2019-04-30
001	2017-01-01	KAUSHIK P. PATEL	2018-04-23
001	2016-01-01	KAUSHIK P. PATEL	2017-04-12
001	2015-01-01	KAUSHIK P. PATEL	2016-04-06
001	2014-01-01	KAUSHIK P. PATEL	2015-03-27
001	2013-01-01	KAUSHIK P. PATEL

Plan Statistics for PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 14
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 4
Total of all active and inactive participants 2013-01-01 18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 18
Number of participants with account balances 2013-01-01 18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0

Measure	Date	Value
2013: PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	14
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	4
Total of all active and inactive participants	2013-01-01	18
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	18
Number of participants with account balances	2013-01-01	18
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0

Financial Data on PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2013 : PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$318,120
Expenses. Total of all expenses incurred	2013-12-31	$4,521
Benefits paid (including direct rollovers)	2013-12-31	$4,436
Total plan assets at end of year	2013-12-31	$1,419,012
Total plan assets at beginning of year	2013-12-31	$1,105,413
Value of fidelity bond covering the plan	2013-12-31	$200,000
Total contributions received or receivable from participants	2013-12-31	$41,564
Other income received	2013-12-31	$209,366
Net income (gross income less expenses)	2013-12-31	$313,599
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,419,012
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,105,413
Assets. Value of participant loans	2013-12-31	$22,646
Total contributions received or receivable from employer(s)	2013-12-31	$67,190
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$85
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0

Form 5500 Responses for PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN

2013: PATEL MEDICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PATEL MEDICAL ASSOCIATES LLC
Employer identification number (EIN):	200206336
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)