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WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN 401k Plan overview

Plan NameWESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN
Plan identification number 004

WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Profit-sharing
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.

401k Sponsoring company profile

WESTGATE ORTHOPAEDICS, LTD. has sponsored the creation of one or more 401k plans.

Company Name:WESTGATE ORTHOPAEDICS, LTD.
Employer identification number (EIN):362698808
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042012-12-01ANDREA BRACKETT ANDREA BRACKETT2014-09-12
0042012-12-01ANDREA BRACKETT ANDREA BRACKETT2015-05-18
0042008-12-01EDWARD BOONE BRACKETT III MD

Financial Data on WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN

Measure Date Value
2013 : WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-11-30$464,658
Expenses. Total of all expenses incurred2013-11-30$526,988
Benefits paid (including direct rollovers)2013-11-30$513,500
Total plan assets at end of year2013-11-30$2,795,162
Total plan assets at beginning of year2013-11-30$2,857,492
Assets. Value of loans (other than to participants)2013-11-30$85,000
Expenses. Other expenses not covered elsewhere2013-11-30$13,488
Other income received2013-11-30$464,658
Net income (gross income less expenses)2013-11-30$-62,330
Net plan assets at end of year (total assets less liabilities)2013-11-30$2,795,162
Net plan assets at beginning of year (total assets less liabilities)2013-11-30$2,857,492
Assets. Value of real-estate (other than employer real property)2013-11-30$320,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-11-30$0
2010 : WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-11-30$47,004
Total plan assets at end of year2010-11-30$3,737,130
Total plan assets at beginning of year2010-11-30$3,690,126
Other income received2010-11-30$47,004
Net income (gross income less expenses)2010-11-30$47,004
Net plan assets at end of year (total assets less liabilities)2010-11-30$3,737,130
Net plan assets at beginning of year (total assets less liabilities)2010-11-30$3,690,126

Form 5500 Responses for WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN

2012: WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN 2012 form 5500 responses
2012-12-01Type of plan entitySingle employer plan
2012-12-01Submission has been amendedNo
2012-12-01This submission is the final filingNo
2012-12-01This return/report is a short plan year return/report (less than 12 months)No
2012-12-01Plan is a collectively bargained planNo
2012-12-01Plan funding arrangement – InsuranceYes
2012-12-01Plan funding arrangement – TrustYes
2012-12-01Plan benefit arrangement – InsuranceYes
2012-12-01Plan benefit arrangement - TrustYes
2008: WESTGATE ORTHOPAEDICS, LTD. EMPLOYEES PROFIT SHARING PLAN 2008 form 5500 responses
2008-12-01Type of plan entitySingle employer plan
2008-12-01Plan funding arrangement – InsuranceYes
2008-12-01Plan funding arrangement – TrustYes
2008-12-01Plan benefit arrangement – InsuranceYes
2008-12-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number07378M
Policy instance 1

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