DIGESTIVE DISEASES CENTER OF FLORIDA, PLLC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN
401k plan membership statisitcs for RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2024 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-10-15 | 8376 |
| Total expenses incurred by plan in this plan year | 2024-10-15 | 2331104 |
| Net assets as of the end of the plan year | 2024-10-15 | 7282221 |
| Total assets as of the beginning of the plan year | 2024-10-15 | 7842720 |
| Value of plan covered by a fidelity bond | 2024-10-15 | 500000 |
| Participant contributions to plan in this plan year | 2024-10-15 | 217456 |
| Value of participant loans at end of plan year | 2024-10-15 | 68059 |
| Other expenses paid from plan in this plan year | 2024-10-15 | 0 |
| Other contributions to plan in this plan year | 2024-10-15 | 0 |
| Other income to plan in this plan year | 2024-10-15 | 1075761 |
| Plan net income in this plan year | 2024-10-15 | -568875 |
| Net assets as of the end of the plan year | 2024-10-15 | 7282221 |
| Net assets as of the beginning of the plan year | 2024-10-15 | 7842720 |
| Employer contributions to plan in this plan year | 2024-10-15 | 469012 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-10-15 | 18266 |
| 2022 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-91,088 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-91,088 |
| Total transfer of assets from this plan | 2022-12-31 | $1,152,996 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-1,227,393 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $672,352 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $631,717 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $4,797 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $624,772 |
| Value of total assets at end of year | 2022-12-31 | $7,837,923 |
| Value of total assets at beginning of year | 2022-12-31 | $10,890,664 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $35,838 |
| Total interest from all sources | 2022-12-31 | $3,251 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $248,936 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $244,983 |
| Administrative expenses professional fees incurred | 2022-12-31 | $6,500 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $192,131 |
| Participant contributions at end of year | 2022-12-31 | $30,292 |
| Participant contributions at beginning of year | 2022-12-31 | $41,429 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $1,912 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $0 |
| Administrative expenses (other) incurred | 2022-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,899,745 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $7,837,923 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $10,890,664 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $29,338 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $7,416,612 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $10,338,558 |
| Interest on participant loans | 2022-12-31 | $2,107 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $1,144 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $24,662 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $30,041 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,013,264 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $432,641 |
| Employer contributions (assets) at end of year | 2022-12-31 | $366,357 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $478,724 |
| Income. Dividends from common stock | 2022-12-31 | $3,953 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $631,717 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $0 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CARR, RIGGS & INGRAM, LLC |
| Accountancy firm EIN | 2022-12-31 | 721396621 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $-91,088 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $-91,088 |
| Total transfer of assets from this plan | 2022-01-01 | $1,152,996 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-1,227,393 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $672,352 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $631,717 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $4,797 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $624,772 |
| Value of total assets at end of year | 2022-01-01 | $7,837,923 |
| Value of total assets at beginning of year | 2022-01-01 | $10,890,664 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $35,838 |
| Total interest from all sources | 2022-01-01 | $3,251 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $248,936 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $244,983 |
| Administrative expenses professional fees incurred | 2022-01-01 | $6,500 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $192,131 |
| Participant contributions at end of year | 2022-01-01 | $30,292 |
| Participant contributions at beginning of year | 2022-01-01 | $41,429 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $1,912 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $0 |
| Administrative expenses (other) incurred | 2022-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,899,745 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $7,837,923 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $10,890,664 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $29,338 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $7,416,612 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $10,338,558 |
| Interest on participant loans | 2022-01-01 | $2,107 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $1,144 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $24,662 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $30,041 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,013,264 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $432,641 |
| Employer contributions (assets) at end of year | 2022-01-01 | $366,357 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $478,724 |
| Income. Dividends from common stock | 2022-01-01 | $3,953 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $631,717 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-01-01 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-01-01 | $0 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | CARR, RIGGS & INGRAM, LLC |
| Accountancy firm EIN | 2022-01-01 | 721396621 |
| 2021 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,286,388 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $814,181 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $755,868 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $838,135 |
| Value of total assets at end of year | 2021-12-31 | $10,890,664 |
| Value of total assets at beginning of year | 2021-12-31 | $9,418,457 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $58,313 |
| Total interest from all sources | 2021-12-31 | $4,437 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $32,500 |
| 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 | $250,378 |
| Participant contributions at end of year | 2021-12-31 | $41,429 |
| Participant contributions at beginning of year | 2021-12-31 | $53,383 |
| Participant contributions at end of year | 2021-12-31 | $1,912 |
| Participant contributions at beginning of year | 2021-12-31 | $1,829 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $913 |
| Administrative expenses (other) incurred | 2021-12-31 | $0 |
| 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 | $1,472,207 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $10,890,664 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $9,418,457 |
| 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 | $25,813 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $10,338,558 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $8,827,534 |
| Interest on participant loans | 2021-12-31 | $2,343 |
| Interest earned on other investments | 2021-12-31 | $2,094 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $30,041 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $29,708 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,443,816 |
| 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 | Yes |
| 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 | $586,844 |
| Employer contributions (assets) at end of year | 2021-12-31 | $478,724 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $431,003 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $755,868 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $75,000 |
| 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 | CARR, RIGGS & INGRAM, LLC |
| Accountancy firm EIN | 2021-12-31 | 721396621 |
| 2020 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,010,480 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $187,645 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $152,883 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $5,211 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $782,588 |
| Value of total assets at end of year | 2020-12-31 | $9,418,457 |
| Value of total assets at beginning of year | 2020-12-31 | $7,595,622 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $29,551 |
| Total interest from all sources | 2020-12-31 | $6,763 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $11,000 |
| 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 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $247,279 |
| Participant contributions at end of year | 2020-12-31 | $53,383 |
| Participant contributions at beginning of year | 2020-12-31 | $78,567 |
| Participant contributions at end of year | 2020-12-31 | $1,829 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,510 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| 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 | $1,822,835 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $9,418,457 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,595,622 |
| 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 | $18,551 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $8,827,534 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $6,999,232 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $0 |
| Interest on participant loans | 2020-12-31 | $4,259 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $2,504 |
| Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $29,708 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $27,205 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,221,129 |
| 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 | Yes |
| 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 | $533,799 |
| Employer contributions (assets) at end of year | 2020-12-31 | $431,003 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $415,618 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $152,883 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $75,000 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $75,000 |
| 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 | Yes |
| 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 | CARR, RIGGS & INGRAM, LLC |
| Accountancy firm EIN | 2020-12-31 | 721396621 |
| 2019 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,163,166 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $713,948 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $697,277 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $827,421 |
| Value of total assets at end of year | 2019-12-31 | $7,595,622 |
| Value of total assets at beginning of year | 2019-12-31 | $6,146,404 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $16,671 |
| Total interest from all sources | 2019-12-31 | $8,455 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $233,027 |
| Participant contributions at end of year | 2019-12-31 | $78,567 |
| Participant contributions at beginning of year | 2019-12-31 | $103,264 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $77,184 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,449,218 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $7,595,622 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $6,146,404 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $16,671 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $6,999,232 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $5,467,129 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $0 |
| Interest on participant loans | 2019-12-31 | $5,752 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
| Interest earned on other investments | 2019-12-31 | $2,703 |
| Value of interest in master investment trust accounts at end of year | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $27,205 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $24,502 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,327,290 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $517,210 |
| Employer contributions (assets) at end of year | 2019-12-31 | $415,618 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $476,509 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $697,277 |
| Contract administrator fees | 2019-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $75,000 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $75,000 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | CARR, RIGGS & INGRAM, LLC |
| Accountancy firm EIN | 2019-12-31 | 721396621 |
| 2011 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $88,665 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $639,771 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $639,771 |
| Total plan assets at end of year | 2011-12-31 | $10,546,720 |
| Total plan assets at beginning of year | 2011-12-31 | $11,097,826 |
| Value of fidelity bond covering the plan | 2011-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $63,543 |
| Contributions received from other sources (not participants or employers) | 2011-12-31 | $0 |
| Other income received | 2011-12-31 | $-412,858 |
| Net income (gross income less expenses) | 2011-12-31 | $-551,106 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $10,546,720 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $11,097,826 |
| Assets. Value of participant loans | 2011-12-31 | $88,274 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $437,980 |
| Funding deficiency by the employer to the plan for this plan year | 2011-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2011-12-31 | $437,980 |
| Amount contributed by the employer to the plan for this plan year | 2011-12-31 | $437,980 |
| 2010 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $1,589,800 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $44,225 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $44,225 |
| Total plan assets at end of year | 2010-12-31 | $11,097,826 |
| Total plan assets at beginning of year | 2010-12-31 | $9,552,251 |
| Value of fidelity bond covering the plan | 2010-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $53,008 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $1,087,036 |
| Net income (gross income less expenses) | 2010-12-31 | $1,545,575 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $11,097,826 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $9,552,251 |
| Assets. Value of participant loans | 2010-12-31 | $69,389 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $449,756 |
| Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $449,756 |
| Minimum employer required contribution for this plan year | 2010-12-31 | $449,756 |
| Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $0 |
| 2009 : RAO, REDDY, ALBIBI, FINLAW & WELLS, M.D., P.L. 401K PROFIT SHARING PLAN 2009 401k financial data |
|---|
| Funding deficiency by the employer to the plan for this plan year | 2009-12-31 | $603,414 |
| Minimum employer required contribution for this plan year | 2009-12-31 | $603,414 |
| Amount contributed by the employer to the plan for this plan year | 2009-12-31 | $0 |
