401k Plan data: HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN plan

HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN
Plan identification number	001

HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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.
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

HALIFAX MEDICAL SPECIALISTS, P.A. has sponsored the creation of one or more 401k plans.

Company Name: HALIFAX MEDICAL SPECIALISTS, P.A.

Employer identification number (EIN): 561041473

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

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-06-01 DR GERARDO MARADIAGA 2018-05-11
001 2016-06-01 MAHENDRA PATEL 2017-08-17
001 2015-06-01 MAHENDRA PATEL 2016-07-19
001 2014-06-01 MAHENDRA PATEL
001 2013-06-01 MAHENDRA PATEL
001 2012-06-01 MAHENDRA PATEL 2014-03-17
001 2011-06-01 CARA FOTHERGILL 2012-09-06
001 2010-06-01 GERARDO MARADIAGA 2011-08-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2017-06-01	DR GERARDO MARADIAGA	2018-05-11
001	2016-06-01	MAHENDRA PATEL	2017-08-17
001	2015-06-01	MAHENDRA PATEL	2016-07-19
001	2014-06-01	MAHENDRA PATEL
001	2013-06-01	MAHENDRA PATEL
001	2012-06-01	MAHENDRA PATEL	2014-03-17
001	2011-06-01	CARA FOTHERGILL	2012-09-06
001	2010-06-01	GERARDO MARADIAGA	2011-08-17

Plan Statistics for HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN

Measure Date Value
2014: HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-06-01 78
Total number of active participants reported on line 7a of the Form 5500 2014-06-01 49
Number of other retired or separated participants entitled to future benefits 2014-06-01 25
Total of all active and inactive participants 2014-06-01 74
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-06-01 1
Total participants 2014-06-01 75
Number of participants with account balances 2014-06-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-06-01 0
2013: HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-06-01 72
Total number of active participants reported on line 7a of the Form 5500 2013-06-01 49
Number of retired or separated participants receiving benefits 2013-06-01 1
Number of other retired or separated participants entitled to future benefits 2013-06-01 26
Total of all active and inactive participants 2013-06-01 76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-06-01 0
Total participants 2013-06-01 76
Number of participants with account balances 2013-06-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-06-01 1

Measure	Date	Value
2014: HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-06-01	78
Total number of active participants reported on line 7a of the Form 5500	2014-06-01	49
Number of other retired or separated participants entitled to future benefits	2014-06-01	25
Total of all active and inactive participants	2014-06-01	74
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-06-01	1
Total participants	2014-06-01	75
Number of participants with account balances	2014-06-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-06-01	0
2013: HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-06-01	72
Total number of active participants reported on line 7a of the Form 5500	2013-06-01	49
Number of retired or separated participants receiving benefits	2013-06-01	1
Number of other retired or separated participants entitled to future benefits	2013-06-01	26
Total of all active and inactive participants	2013-06-01	76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-06-01	0
Total participants	2013-06-01	76
Number of participants with account balances	2013-06-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-06-01	1

Financial Data on HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2015 : HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources	2015-05-31	$542,602
Expenses. Total of all expenses incurred	2015-05-31	$2,372,219
Benefits paid (including direct rollovers)	2015-05-31	$2,347,727
Total plan assets at end of year	2015-05-31	$7,192,362
Total plan assets at beginning of year	2015-05-31	$9,021,979
Value of fidelity bond covering the plan	2015-05-31	$500,000
Total contributions received or receivable from participants	2015-05-31	$158,459
Contributions received from other sources (not participants or employers)	2015-05-31	$-4,615
Other income received	2015-05-31	$270,809
Net income (gross income less expenses)	2015-05-31	$-1,829,617
Net plan assets at end of year (total assets less liabilities)	2015-05-31	$7,192,362
Net plan assets at beginning of year (total assets less liabilities)	2015-05-31	$9,021,979
Assets. Value of participant loans	2015-05-31	$103,246
Assets. Value of real-estate (other than employer real property)	2015-05-31	$75,000
Total contributions received or receivable from employer(s)	2015-05-31	$117,949
Expenses. Administrative service providers (salaries,fees and commissions)	2015-05-31	$24,492
2014 : HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources	2014-05-31	$1,208,510
Expenses. Total of all expenses incurred	2014-05-31	$211,046
Benefits paid (including direct rollovers)	2014-05-31	$184,192
Total plan assets at end of year	2014-05-31	$9,021,979
Total plan assets at beginning of year	2014-05-31	$8,024,515
Value of fidelity bond covering the plan	2014-05-31	$500,000
Total contributions received or receivable from participants	2014-05-31	$178,842
Other income received	2014-05-31	$900,226
Net income (gross income less expenses)	2014-05-31	$997,464
Net plan assets at end of year (total assets less liabilities)	2014-05-31	$9,021,979
Net plan assets at beginning of year (total assets less liabilities)	2014-05-31	$8,024,515
Assets. Value of participant loans	2014-05-31	$110,042
Assets. Value of real-estate (other than employer real property)	2014-05-31	$75,000
Total contributions received or receivable from employer(s)	2014-05-31	$129,442
Expenses. Administrative service providers (salaries,fees and commissions)	2014-05-31	$26,854
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-05-31	$0

Form 5500 Responses for HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN

2014: HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-06-01	Type of plan entity	Single employer plan
2014-06-01	Plan funding arrangement – Trust	Yes
2014-06-01	Plan benefit arrangement - Trust	Yes
2013: HALIFAX MEDICAL SPECIALISTS, P.A. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-06-01	Type of plan entity	Single employer plan
2013-06-01	Submission has been amended	No
2013-06-01	This submission is the final filing	No
2013-06-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-06-01	Plan is a collectively bargained plan	No
2013-06-01	Plan funding arrangement – Trust	Yes
2013-06-01	Plan benefit arrangement - Trust	Yes

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Company Name:	HALIFAX MEDICAL SPECIALISTS, P.A.
Employer identification number (EIN):	561041473
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)