MIDLANDS CLINIC PC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE MIDLANDS CLINIC, P.C. 401(K) PLAN AND TRUST
| Measure | Date | Value |
|---|
| 2023 : THE MIDLANDS CLINIC, P.C. 401(K) PLAN AND TRUST 2023 401k financial data |
|---|
| Total income from all sources | 2023-11-30 | $815,095 |
| Expenses. Total of all expenses incurred | 2023-11-30 | $17,765,997 |
| Benefits paid (including direct rollovers) | 2023-11-30 | $17,726,315 |
| Total plan assets at end of year | 2023-11-30 | $0 |
| Total plan assets at beginning of year | 2023-11-30 | $16,950,902 |
| Value of fidelity bond covering the plan | 2023-11-30 | $500,000 |
| Other income received | 2023-11-30 | $815,095 |
| Net income (gross income less expenses) | 2023-11-30 | $-16,950,902 |
| Net plan assets at end of year (total assets less liabilities) | 2023-11-30 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-11-30 | $16,950,902 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-11-30 | $39,682 |
| 2022 : THE MIDLANDS CLINIC, P.C. 401(K) PLAN AND TRUST 2022 401k financial data |
|---|
| Total income from all sources | 2022-12-31 | $-1,780,738 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $2,719,941 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $2,678,456 |
| Total plan assets at end of year | 2022-12-31 | $16,950,902 |
| Total plan assets at beginning of year | 2022-12-31 | $21,451,581 |
| Value of fidelity bond covering the plan | 2022-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $408,352 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $8,196 |
| Other income received | 2022-12-31 | $-2,766,003 |
| Net income (gross income less expenses) | 2022-12-31 | $-4,500,679 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $16,950,902 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $21,451,581 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $568,717 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $41,485 |
| 2021 : THE MIDLANDS CLINIC, P.C. 401(K) PLAN AND TRUST 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $3,679,681 |
| Total of all expenses incurred | 2021-12-31 | $2,537,258 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,374,506 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,025,921 |
| Value of total assets at end of year | 2021-12-31 | $21,451,581 |
| Value of total assets at beginning of year | 2021-12-31 | $20,309,158 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $162,752 |
| Total interest from all sources | 2021-12-31 | $155,738 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $814,159 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $814,159 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $470,512 |
| Participant contributions at end of year | 2021-12-31 | $4,921 |
| Participant contributions at beginning of year | 2021-12-31 | $16,200 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $538,421 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $514,089 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,142,423 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $21,451,581 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $20,309,158 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $162,752 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $1,531,763 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $20,838,620 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $412,789 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $412,789 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $155,738 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $1,507,362 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,683,863 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $555,409 |
| Employer contributions (assets) at end of year | 2021-12-31 | $69,619 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $56,389 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,374,506 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $16,270,566 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | HENJES CONNER AND WILLIAMS PC |
| Accountancy firm EIN | 2021-12-31 | 481292483 |
| 2020 : THE MIDLANDS CLINIC, P.C. 401(K) PLAN AND TRUST 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $3,473,618 |
| Total of all expenses incurred | 2020-12-31 | $2,768,014 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,610,719 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $973,774 |
| Value of total assets at end of year | 2020-12-31 | $20,309,158 |
| Value of total assets at beginning of year | 2020-12-31 | $19,603,554 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $157,295 |
| Total interest from all sources | 2020-12-31 | $145,261 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $248,551 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $248,551 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $587,504 |
| Participant contributions at end of year | 2020-12-31 | $16,200 |
| Participant contributions at beginning of year | 2020-12-31 | $6,102 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $514,089 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $487,054 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $38,004 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $705,604 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $20,309,158 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $19,603,554 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $157,295 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,531,763 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $1,364,056 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $412,789 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $716,256 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $716,256 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $145,261 |
| Asset value of US Government securities at end of year | 2020-12-31 | $1,507,362 |
| Asset value of US Government securities at beginning of year | 2020-12-31 | $2,020,600 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,106,032 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $348,266 |
| Employer contributions (assets) at end of year | 2020-12-31 | $56,389 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $107,747 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,610,719 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $16,270,566 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $14,901,739 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | HENJES CONNER AND WILLIAMS PC |
| Accountancy firm EIN | 2020-12-31 | 481292483 |
| 2010 : THE MIDLANDS CLINIC, P.C. 401(K) PLAN AND TRUST 2010 401k financial data |
|---|
| Transfers to/from the plan | 2010-12-31 | $1,319,553 |
| Total plan liabilities at end of year | 2010-12-31 | $5,021 |
| Total plan liabilities at beginning of year | 2010-12-31 | $1,803 |
| Total income from all sources | 2010-12-31 | $1,511,489 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $63,658 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $346 |
| Total plan assets at end of year | 2010-12-31 | $7,402,974 |
| Total plan assets at beginning of year | 2010-12-31 | $4,632,372 |
| Value of fidelity bond covering the plan | 2010-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $260,271 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $20,693 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $27,375 |
| Other income received | 2010-12-31 | $796,328 |
| Net income (gross income less expenses) | 2010-12-31 | $1,447,831 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $7,397,953 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $4,630,569 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $427,515 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $42,619 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
