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WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN 401k Plan overview

Plan NameWESTPHAL ORTHOPEDICS, LLC 401(K) PLAN
Plan identification number 001

WESTPHAL ORTHOPEDICS, LLC 401(K) 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

WESTPHAL ORTHOPEDICS, LLC has sponsored the creation of one or more 401k plans.

Company Name:WESTPHAL ORTHOPEDICS, LLC
Employer identification number (EIN):464005319
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01THOMAS WESTPHAL2024-06-05
0012023-01-01THOMAS WESTPHAL2024-06-05
0012022-01-01THOMAS WESTPHAL2023-06-13
0012021-01-01THOMAS WESTPHAL2022-10-11
0012020-01-01THOMAS WESTPHAL2021-10-14
0012019-01-01THOMAS WESTPHAL2020-10-12
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01THOMAS WESTPHAL2015-08-31

Plan Statistics for WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN

401k plan membership statisitcs for WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN

Measure Date Value
2015: WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-019
Total number of active participants reported on line 7a of the Form 55002015-01-0110
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0110
Number of participants with account balances2015-01-0110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN

Measure Date Value
2015 : WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$99,765
Expenses. Total of all expenses incurred2015-12-31$5,698
Total plan assets at end of year2015-12-31$832,110
Total plan assets at beginning of year2015-12-31$738,043
Value of fidelity bond covering the plan2015-12-31$73,805
Total contributions received or receivable from participants2015-12-31$50,208
Other income received2015-12-31$25,974
Net income (gross income less expenses)2015-12-31$94,067
Net plan assets at end of year (total assets less liabilities)2015-12-31$832,110
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$738,043
Assets. Value of assets in partnership/joint-venture interests2015-12-31$6,325
Total contributions received or receivable from employer(s)2015-12-31$23,583
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$5,698

Form 5500 Responses for WESTPHAL ORTHOPEDICS, LLC 401(K) PLAN

2015: WESTPHAL ORTHOPEDICS, LLC 401(K) 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

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