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KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameKIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan TypeDefined 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

KIM A KELLY MD PC has sponsored the creation of one or more 401k plans.

Company Name:KIM A KELLY MD PC
Employer identification number (EIN):711003294
NAIC Classification:621498
NAIC Description:All Other Outpatient Care Centers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01EDWARD ROJAS2024-07-18
0012022-01-01EDWARD ROJAS2023-05-15
0012021-01-01EDWARD ROJAS2022-06-01
0012020-01-01EDWARD ROJAS2021-06-03
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01KIM KELLY-ROBINSON2017-07-25
0012015-01-01KIM A KELLY2016-06-24
0012014-01-01KIM A KELLY-ROBINSON2015-07-15
0012013-01-01KIM A KELLY-ROBINSON2014-07-29

Plan Statistics for KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2019: KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-017
Total number of active participants reported on line 7a of the Form 55002019-01-015
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-015
Number of participants with account balances2019-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2019 : KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$551,709
Expenses. Total of all expenses incurred2019-12-31$40,318
Benefits paid (including direct rollovers)2019-12-31$36,078
Total plan assets at end of year2019-12-31$511,391
Total plan assets at beginning of year2019-12-31$0
Value of fidelity bond covering the plan2019-12-31$20,000
Total contributions received or receivable from participants2019-12-31$30,321
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$511,172
Net income (gross income less expenses)2019-12-31$511,391
Net plan assets at end of year (total assets less liabilities)2019-12-31$511,391
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$0
Total contributions received or receivable from employer(s)2019-12-31$10,216
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$4,240
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Funding deficiency by the employer to the plan for this plan year2019-12-31$0
Minimum employer required contribution for this plan year2019-12-31$0
Amount contributed by the employer to the plan for this plan year2019-12-31$0

Form 5500 Responses for KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST

2019: KIM A KELLY MD PC 401 K PROFIT SHARING PLAN TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

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