| 401k Plan Type | Defined Benefit Pension |
| Plan Features/Benefits | - Benefits are primarily pay related
- Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
- Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
- 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).
- Money purchase (other than target benefit)
- 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.
- Participant-directed brokerage accounts provided as an investment option under the plan.
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ORTHODONTICS ASSOCIATES PROFIT SHARING PLAN has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ORTHODONTIC ASSOCIATES PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2011 : ORTHODONTIC ASSOCIATES PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $-42,617 |
| Total plan assets at end of year | 2011-12-31 | $3,747,887 |
| Total plan assets at beginning of year | 2011-12-31 | $3,790,504 |
| Value of fidelity bond covering the plan | 2011-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $38,500 |
| Other income received | 2011-12-31 | $-129,609 |
| Net income (gross income less expenses) | 2011-12-31 | $-42,617 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $3,747,887 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $3,790,504 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $48,492 |
| 2010 : ORTHODONTIC ASSOCIATES PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Total income from all sources | 2010-12-31 | $1,101,283 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $20,092 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $20,092 |
| Total plan assets at end of year | 2010-12-31 | $3,790,504 |
| Total plan assets at beginning of year | 2010-12-31 | $2,709,313 |
| Value of fidelity bond covering the plan | 2010-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $5,500 |
| Other income received | 2010-12-31 | $983,715 |
| Net income (gross income less expenses) | 2010-12-31 | $1,081,191 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $3,790,504 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,709,313 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $112,068 |
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