401k Plan data: VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN plan

VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN
Plan identification number	001

VAIL-SUMMIT ORTHOPAEDICS, P.C. 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.
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

VAIL-SUMMIT ORTHOPAEDICS, P.C. has sponsored the creation of one or more 401k plans.

Company Name: VAIL-SUMMIT ORTHOPAEDICS, P.C.

Employer identification number (EIN): 680501385

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

Additional information about VAIL-SUMMIT ORTHOPAEDICS, P.C.

Jurisdiction of Incorporation: Colorado Department of State

Incorporation Date: 2002-03-08

Company Identification Number: 20021056779

Legal Registered Office Address: 1140 Edwards Village Blvd
Ste B-105
Edwards
United States of America (USA)
81632

More information about VAIL-SUMMIT ORTHOPAEDICS, P.C.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01 JAMIE DEIVERNOIS 2022-09-15
001 2020-01-01 LILLIE HUGHES 2021-07-21
001 2019-01-01 JESSICA MARSON 2020-07-30
001 2018-01-01 JESSICA MARSON 2019-07-16
001 2017-01-01 PATRICIA PRICE 2018-09-10
001 2016-01-01 PATRICIA PRICE 2017-09-22 PATRICIA PRICE 2017-09-22
001 2015-01-01 PATRICIA PRICE 2016-08-01 PATRICIA PRICE 2016-08-01
001 2014-01-01 JODY WEBB 2015-07-01 JODY WEBB 2015-07-01
001 2013-01-01 JODY WEBB 2014-07-31 JODY WEBB 2014-07-31
001 2012-01-01 JODY WEBB 2013-10-02 JODY WEBB 2013-10-02
001 2011-01-01 CHIP WEBB 2012-10-10 CHIP WEBB 2012-10-10
001 2010-01-01 PAUL ABBOTT 2011-08-02 PAUL ABBOTT 2011-08-02

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01	JAMIE DEIVERNOIS	2022-09-15
001	2020-01-01	LILLIE HUGHES	2021-07-21
001	2019-01-01	JESSICA MARSON	2020-07-30
001	2018-01-01	JESSICA MARSON	2019-07-16
001	2017-01-01	PATRICIA PRICE	2018-09-10
001	2016-01-01	PATRICIA PRICE	2017-09-22	PATRICIA PRICE	2017-09-22
001	2015-01-01	PATRICIA PRICE	2016-08-01	PATRICIA PRICE	2016-08-01
001	2014-01-01	JODY WEBB	2015-07-01	JODY WEBB	2015-07-01
001	2013-01-01	JODY WEBB	2014-07-31	JODY WEBB	2014-07-31
001	2012-01-01	JODY WEBB	2013-10-02	JODY WEBB	2013-10-02
001	2011-01-01	CHIP WEBB	2012-10-10	CHIP WEBB	2012-10-10
001	2010-01-01	PAUL ABBOTT	2011-08-02	PAUL ABBOTT	2011-08-02

Plan Statistics for VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 161
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 119
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 41
Total of all active and inactive participants 2023-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 160
Number of participants with account balances 2023-01-01 160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 4
2022: VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 110
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 48
Total of all active and inactive participants 2022-01-01 158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 158
Number of participants with account balances 2022-01-01 158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 12

Measure	Date	Value
2023: VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	161
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	119
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	41
Total of all active and inactive participants	2023-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	160
Number of participants with account balances	2023-01-01	160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	4
2022: VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	110
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	48
Total of all active and inactive participants	2022-01-01	158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	158
Number of participants with account balances	2022-01-01	158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	12

Financial Data on VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2023 : VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2023 401k financial data
Expenses. Interest paid	2023-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$9,647,777
Total of all expenses incurred	2023-12-31	$1,559,117
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$1,546,207
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$6,604,105
Value of total assets at end of year	2023-12-31	$23,996,159
Value of total assets at beginning of year	2023-12-31	$15,907,499
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$12,910
Total interest from all sources	2023-12-31	$439,514
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$0
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$775,142
Participant contributions at end of year	2023-12-31	$30,493
Participant contributions at beginning of year	2023-12-31	$25,188
Participant contributions at end of year	2023-12-31	$0
Participant contributions at beginning of year	2023-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2023-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$5,081,608
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2023-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2023-12-31	$42,540
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2023-12-31	$42,540
Assets. Loans (other than to participants) at beginning of year	2023-12-31	$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	2023-12-31	No
Value of net income/loss	2023-12-31	$8,088,660
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$23,996,159
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$15,907,499
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Investment advisory and management fees	2023-12-31	$12,910
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$22,813,932
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$14,282,114
Interest on participant loans	2023-12-31	$1,166
Income. Interest from US Government securities	2023-12-31	$438,348
Value of interest in common/collective trusts at end of year	2023-12-31	$686,713
Value of interest in common/collective trusts at beginning of year	2023-12-31	$939,631
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$2,580,672
Net investment gain or loss from common/collective trusts	2023-12-31	$23,486
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$747,355
Employer contributions (assets) at end of year	2023-12-31	$422,481
Employer contributions (assets) at beginning of year	2023-12-31	$618,026
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$1,546,207
Asset. Corporate debt instrument preferred debt at end of year	2023-12-31	$0
Did the plan have assets held for investment	2023-12-31	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	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	DWC
Accountancy firm EIN	2023-12-31	840795096
2022 : VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-534,563
Total of all expenses incurred	2022-12-31	$159,837
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$137,651
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,304,492
Value of total assets at end of year	2022-12-31	$15,907,499
Value of total assets at beginning of year	2022-12-31	$16,601,899
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$22,186
Total interest from all sources	2022-12-31	$1,497
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$262,635
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	$262,635
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	$751,038
Participant contributions at end of year	2022-12-31	$25,188
Participant contributions at beginning of year	2022-12-31	$24,964
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2022-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2022-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$42,540
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$0
Assets. Loans (other than to participants) at end of year	2022-12-31	$0
Other income not declared elsewhere	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	$-694,400
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$15,907,499
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$16,601,899
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	$22,186
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$14,282,114
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$16,576,935
Interest on participant loans	2022-12-31	$1,497
Income. Interest from loans (other than to participants)	2022-12-31	$0
Interest earned on other investments	2022-12-31	$0
Income. Interest from US Government securities	2022-12-31	$0
Value of interest in common/collective trusts at end of year	2022-12-31	$939,631
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-3,126,562
Net investment gain or loss from common/collective trusts	2022-12-31	$23,375
Net gain/loss from 103.12 investment entities	2022-12-31	$0
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	$1,553,454
Employer contributions (assets) at end of year	2022-12-31	$618,026
Employer contributions (assets) at beginning of year	2022-12-31	$0
Income. Dividends from preferred stock	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$137,651
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	DWC
Accountancy firm EIN	2022-12-31	840795096

Form 5500 Responses for VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN

2023: VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: VAIL-SUMMIT ORTHOPAEDICS, P.C. 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VAIL-SUMMIT ORTHOPAEDICS, P.C.
Employer identification number (EIN):	680501385
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)

Jurisdiction of Incorporation:	Colorado Department of State
Incorporation Date:	2002-03-08
Company Identification Number:	20021056779
Legal Registered Office Address:	1140 Edwards Village Blvd Ste B-105 Edwards United States of America (USA) 81632