401k Plan data: GOULD'S DISCOUNT MEDICAL INC 401K PLAN plan

GOULD'S DISCOUNT MEDICAL INC 401K PLAN 401k Plan overview

Plan Name	GOULD'S DISCOUNT MEDICAL INC 401K PLAN
Plan identification number	001

GOULD'S DISCOUNT MEDICAL INC 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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

GOULD'S DISCOUNT MEDICAL, INC. has sponsored the creation of one or more 401k plans.

Company Name: GOULD'S DISCOUNT MEDICAL, INC.

Employer identification number (EIN): 611186938

NAIC Classification: 621610
NAIC Description: Home Health Care Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GOULD'S DISCOUNT MEDICAL INC 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01 SCOTT SULLIVAN 2019-10-01
001 2018-01-01
001 2017-01-01 SCOTT SULLIVAN
001 2016-01-01 SCOTT SULLIVAN
001 2015-01-01 SCOTT SULLIVAN 2016-07-12
001 2014-01-01 SCOTT SULLIVAN 2015-07-21
001 2013-01-01 SCOTT SULLIVAN 2014-05-30

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2019-01-01	SCOTT SULLIVAN	2019-10-01
001	2018-01-01
001	2017-01-01	SCOTT SULLIVAN
001	2016-01-01	SCOTT SULLIVAN
001	2015-01-01	SCOTT SULLIVAN	2016-07-12
001	2014-01-01	SCOTT SULLIVAN	2015-07-21
001	2013-01-01	SCOTT SULLIVAN	2014-05-30

Plan Statistics for GOULD'S DISCOUNT MEDICAL INC 401K PLAN

401k plan membership statisitcs for GOULD'S DISCOUNT MEDICAL INC 401K PLAN

Measure Date Value
2018: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 152
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 26
Total of all active and inactive participants 2018-01-01 26
Total participants 2018-01-01 26
Number of participants with account balances 2018-01-01 26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 150
Number of other retired or separated participants entitled to future benefits 2017-01-01 7
Total of all active and inactive participants 2017-01-01 157
Total participants 2017-01-01 157
Number of participants with account balances 2017-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 143
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 142
Number of other retired or separated participants entitled to future benefits 2016-01-01 4
Total of all active and inactive participants 2016-01-01 146
Total participants 2016-01-01 146
Number of participants with account balances 2016-01-01 36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2018: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	152
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	26
Total of all active and inactive participants	2018-01-01	26
Total participants	2018-01-01	26
Number of participants with account balances	2018-01-01	26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	150
Number of other retired or separated participants entitled to future benefits	2017-01-01	7
Total of all active and inactive participants	2017-01-01	157
Total participants	2017-01-01	157
Number of participants with account balances	2017-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	143
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	142
Number of other retired or separated participants entitled to future benefits	2016-01-01	4
Total of all active and inactive participants	2016-01-01	146
Total participants	2016-01-01	146
Number of participants with account balances	2016-01-01	36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on GOULD'S DISCOUNT MEDICAL INC 401K PLAN

Measure	Date	Value
2018 : GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$45,078
Total of all expenses incurred	2018-12-31	$69,143
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$52,223
Value of total corrective distributions	2018-12-31	$15,260
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$62,413
Value of total assets at end of year	2018-12-31	$448,993
Value of total assets at beginning of year	2018-12-31	$473,058
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$1,660
Total interest from all sources	2018-12-31	$1,422
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$23,208
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2018-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$23,208
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$62,413
Participant contributions at end of year	2018-12-31	$25,073
Participant contributions at beginning of year	2018-12-31	$21,741
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$2,791
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$335
Other income not declared elsewhere	2018-12-31	$215
Administrative expenses (other) incurred	2018-12-31	$1,660
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-24,065
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$448,993
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$473,058
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$407,797
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$434,672
Interest on participant loans	2018-12-31	$1,357
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$16,123
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$13,519
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$13,519
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$65
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-42,180
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$52,223
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2018-12-31	No
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	LOUIS T. ROTH & CO., PLLC
Accountancy firm EIN	2018-12-31	610480236
2017 : GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$135,375
Total of all expenses incurred	2017-12-31	$18,790
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$5,598
Value of total corrective distributions	2017-12-31	$12,657
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$73,376
Value of total assets at end of year	2017-12-31	$473,058
Value of total assets at beginning of year	2017-12-31	$356,473
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$535
Total interest from all sources	2017-12-31	$640
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$18,039
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$18,039
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$50,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$73,376
Participant contributions at end of year	2017-12-31	$21,741
Participant contributions at beginning of year	2017-12-31	$10,218
Participant contributions at end of year	2017-12-31	$2,791
Participant contributions at beginning of year	2017-12-31	$116
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$335
Other income not declared elsewhere	2017-12-31	$100
Administrative expenses (other) incurred	2017-12-31	$535
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$116,585
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$473,058
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$356,473
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$434,672
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$335,180
Interest on participant loans	2017-12-31	$640
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$13,519
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$10,959
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$10,959
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$43,220
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$5,598
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	LOUIS T. ROTH & CO. CPAS
Accountancy firm EIN	2017-12-31	610480236
2016 : GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2016 401k financial data
Total income from all sources (including contributions)	2016-12-31	$99,222
Total of all expenses incurred	2016-12-31	$30,209
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$24,407
Value of total corrective distributions	2016-12-31	$4,637
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$77,674
Value of total assets at end of year	2016-12-31	$356,473
Value of total assets at beginning of year	2016-12-31	$287,460
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$1,165
Total interest from all sources	2016-12-31	$296
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$10,362
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$10,362
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$50,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$77,674
Participant contributions at end of year	2016-12-31	$10,218
Participant contributions at beginning of year	2016-12-31	$0
Participant contributions at end of year	2016-12-31	$116
Participant contributions at beginning of year	2016-12-31	$3,297
Other income not declared elsewhere	2016-12-31	$99
Administrative expenses (other) incurred	2016-12-31	$1,165
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$69,013
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$356,473
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$287,460
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$335,180
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$276,348
Interest on participant loans	2016-12-31	$296
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$10,959
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$7,815
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$7,815
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$10,791
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$24,407
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	LOUIS T. ROTH & CO. CPAS
Accountancy firm EIN	2016-12-31	610480236

Form 5500 Responses for GOULD'S DISCOUNT MEDICAL INC 401K PLAN

2018: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: GOULD'S DISCOUNT MEDICAL INC 401K PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	GOULD'S DISCOUNT MEDICAL, INC.
Employer identification number (EIN):	611186938
NAIC Classification:	621610
NAIC Description:	Home Health Care Services