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TIM SCHULTZ PC PROFIT SHARING PLAN 401k Plan overview

Plan NameTIM SCHULTZ PC PROFIT SHARING PLAN
Plan identification number 002

TIM SCHULTZ PC PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.

401k Sponsoring company profile

TIM SCHULTZ, P.C. has sponsored the creation of one or more 401k plans.

Company Name:TIM SCHULTZ, P.C.
Employer identification number (EIN):742587922
NAIC Classification:541211
NAIC Description:Offices of Certified Public Accountants

Additional information about TIM SCHULTZ, P.C.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1990-12-10
Company Identification Number: 0091557902
Legal Registered Office Address: 3007 IRON STONE CT

SAN ANTONIO
United States of America (USA)
78230

More information about TIM SCHULTZ, P.C.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TIM SCHULTZ PC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01TIMOTHY W SCHULTZ
0022016-01-01TIMOTHY W SCHULTZ
0022015-01-01TIMOTHY W SCHULTZ
0022014-01-01TIMOTHY W SCHULTZ
0022013-01-01TIMOTHY W SCHULTZ
0022012-01-01TIMOTHY W SCHULTZ
0022011-01-01TIMOTHY W SCHULTZ
0022009-01-01TIMOTHY W SCHULTZ

Plan Statistics for TIM SCHULTZ PC PROFIT SHARING PLAN

401k plan membership statisitcs for TIM SCHULTZ PC PROFIT SHARING PLAN

Measure Date Value
2020: TIM SCHULTZ PC PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-014
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-014
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-014
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: TIM SCHULTZ PC PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-014
Total number of active participants reported on line 7a of the Form 55002019-01-014
Total of all active and inactive participants2019-01-014
Total participants2019-01-014
Number of participants with account balances2019-01-014
2018: TIM SCHULTZ PC PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-014
Total number of active participants reported on line 7a of the Form 55002018-01-014
Total of all active and inactive participants2018-01-014
Total participants2018-01-014
2017: TIM SCHULTZ PC PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-013
Total number of active participants reported on line 7a of the Form 55002017-01-014
Total of all active and inactive participants2017-01-014
Total participants2017-01-014
Number of participants with account balances2017-01-014
2016: TIM SCHULTZ PC PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-010
Total number of active participants reported on line 7a of the Form 55002016-01-013
Total of all active and inactive participants2016-01-013
Total participants2016-01-013
Number of participants with account balances2016-01-013
2015: TIM SCHULTZ PC PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014
Total number of active participants reported on line 7a of the Form 55002015-01-014
Total of all active and inactive participants2015-01-014
Total participants2015-01-014
Number of participants with account balances2015-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: TIM SCHULTZ PC PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-014
Total number of active participants reported on line 7a of the Form 55002014-01-014
Total of all active and inactive participants2014-01-014
Total participants2014-01-014
Number of participants with account balances2014-01-014
2013: TIM SCHULTZ PC PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-015
Total number of active participants reported on line 7a of the Form 55002013-01-014
Total of all active and inactive participants2013-01-014
Total participants2013-01-014
Number of participants with account balances2013-01-014
2012: TIM SCHULTZ PC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-013
Total number of active participants reported on line 7a of the Form 55002012-01-015
Total of all active and inactive participants2012-01-015
Total participants2012-01-015
Number of participants with account balances2012-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: TIM SCHULTZ PC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total number of active participants reported on line 7a of the Form 55002011-01-013
Total of all active and inactive participants2011-01-013
Total participants2011-01-013
Number of participants with account balances2011-01-013
2009: TIM SCHULTZ PC PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-014
Total of all active and inactive participants2009-01-014
Total participants2009-01-014
Number of participants with account balances2009-01-014

Financial Data on TIM SCHULTZ PC PROFIT SHARING PLAN

Measure Date Value
2020 : TIM SCHULTZ PC PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources2020-12-31$-230,452
Expenses. Total of all expenses incurred2020-12-31$2,019,160
Benefits paid (including direct rollovers)2020-12-31$2,013,676
Total plan assets at end of year2020-12-31$0
Total plan assets at beginning of year2020-12-31$2,249,612
Value of fidelity bond covering the plan2020-12-31$200,000
Expenses. Other expenses not covered elsewhere2020-12-31$5,484
Other income received2020-12-31$-231,227
Net income (gross income less expenses)2020-12-31$-2,249,612
Net plan assets at end of year (total assets less liabilities)2020-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,249,612
Assets. Value of participant loans2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$775
2019 : TIM SCHULTZ PC PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources2019-12-31$365,213
Expenses. Total of all expenses incurred2019-12-31$17,431
Total plan assets at end of year2019-12-31$2,249,612
Total plan assets at beginning of year2019-12-31$1,901,830
Value of fidelity bond covering the plan2019-12-31$200,000
Assets. Value of tangible personal property2019-12-31$0
Total contributions received or receivable from participants2019-12-31$37,756
Assets. Value of loans (other than to participants)2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$17,431
Other income received2019-12-31$284,239
Net income (gross income less expenses)2019-12-31$347,782
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,249,612
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,901,830
Assets. Value of participant loans2019-12-31$20,073
Assets. Value of assets in partnership/joint-venture interests2019-12-31$0
Assets. Value of real-estate (other than employer real property)2019-12-31$0
Assets. Value of employer securities2019-12-31$0
Assets. Value of employer real property2019-12-31$0
Total contributions received or receivable from employer(s)2019-12-31$43,218
2018 : TIM SCHULTZ PC PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$70,753
Expenses. Total of all expenses incurred2018-12-31$16,529
Total plan assets at end of year2018-12-31$1,901,830
Total plan assets at beginning of year2018-12-31$1,847,606
Value of fidelity bond covering the plan2018-12-31$200,000
Total contributions received or receivable from participants2018-12-31$34,026
Expenses. Other expenses not covered elsewhere2018-12-31$16,529
Other income received2018-12-31$-15,968
Net income (gross income less expenses)2018-12-31$54,224
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,901,830
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,847,606
Total contributions received or receivable from employer(s)2018-12-31$52,695
2017 : TIM SCHULTZ PC PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$292,841
Expenses. Total of all expenses incurred2017-12-31$14,675
Total plan assets at end of year2017-12-31$1,847,606
Total plan assets at beginning of year2017-12-31$1,569,440
Value of fidelity bond covering the plan2017-12-31$150,000
Total contributions received or receivable from participants2017-12-31$36,674
Expenses. Other expenses not covered elsewhere2017-12-31$14,675
Other income received2017-12-31$205,276
Net income (gross income less expenses)2017-12-31$278,166
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,847,606
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,569,440
Assets. Value of participant loans2017-12-31$33,459
Total contributions received or receivable from employer(s)2017-12-31$50,891
2016 : TIM SCHULTZ PC PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$116,534
Expenses. Total of all expenses incurred2016-12-31$109,006
Benefits paid (including direct rollovers)2016-12-31$95,558
Total plan assets at end of year2016-12-31$1,569,440
Total plan assets at beginning of year2016-12-31$1,561,912
Value of fidelity bond covering the plan2016-12-31$150,000
Total contributions received or receivable from participants2016-12-31$34,800
Expenses. Other expenses not covered elsewhere2016-12-31$13,448
Other income received2016-12-31$42,732
Net income (gross income less expenses)2016-12-31$7,528
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,569,440
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,561,912
Total contributions received or receivable from employer(s)2016-12-31$39,002
2015 : TIM SCHULTZ PC PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$139,509
Expenses. Total of all expenses incurred2015-12-31$13,003
Total plan assets at end of year2015-12-31$1,561,912
Total plan assets at beginning of year2015-12-31$1,435,406
Value of fidelity bond covering the plan2015-12-31$150,000
Total contributions received or receivable from participants2015-12-31$52,948
Expenses. Other expenses not covered elsewhere2015-12-31$13,003
Other income received2015-12-31$38,354
Net income (gross income less expenses)2015-12-31$126,506
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,561,912
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,435,406
Total contributions received or receivable from employer(s)2015-12-31$48,207
2014 : TIM SCHULTZ PC PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$144,226
Expenses. Total of all expenses incurred2014-12-31$12,059
Total plan assets at end of year2014-12-31$1,435,406
Total plan assets at beginning of year2014-12-31$1,303,239
Value of fidelity bond covering the plan2014-12-31$150,000
Total contributions received or receivable from participants2014-12-31$48,100
Expenses. Other expenses not covered elsewhere2014-12-31$12,059
Other income received2014-12-31$44,289
Net income (gross income less expenses)2014-12-31$132,167
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,435,406
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,303,239
Total contributions received or receivable from employer(s)2014-12-31$51,837
2013 : TIM SCHULTZ PC PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$230,859
Expenses. Total of all expenses incurred2013-12-31$30,734
Benefits paid (including direct rollovers)2013-12-31$20,710
Total plan assets at end of year2013-12-31$1,303,239
Total plan assets at beginning of year2013-12-31$1,103,114
Value of fidelity bond covering the plan2013-12-31$150,000
Total contributions received or receivable from participants2013-12-31$42,900
Expenses. Other expenses not covered elsewhere2013-12-31$10,024
Other income received2013-12-31$141,449
Net income (gross income less expenses)2013-12-31$200,125
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,303,239
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,103,114
Total contributions received or receivable from employer(s)2013-12-31$46,510
2012 : TIM SCHULTZ PC PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$141,967
Expenses. Total of all expenses incurred2012-12-31$8,300
Total plan assets at end of year2012-12-31$1,103,114
Total plan assets at beginning of year2012-12-31$969,447
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$32,000
Expenses. Other expenses not covered elsewhere2012-12-31$8,300
Other income received2012-12-31$60,115
Net income (gross income less expenses)2012-12-31$133,667
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,103,114
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$969,447
Total contributions received or receivable from employer(s)2012-12-31$49,852
2011 : TIM SCHULTZ PC PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$41,872
Expenses. Total of all expenses incurred2011-12-31$30,801
Benefits paid (including direct rollovers)2011-12-31$23,937
Total plan assets at end of year2011-12-31$969,447
Total plan assets at beginning of year2011-12-31$958,376
Total contributions received or receivable from participants2011-12-31$22,000
Expenses. Other expenses not covered elsewhere2011-12-31$6,864
Other income received2011-12-31$-22,076
Net income (gross income less expenses)2011-12-31$11,071
Net plan assets at end of year (total assets less liabilities)2011-12-31$969,447
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$958,376
Assets. Value of participant loans2011-12-31$2,064
Total contributions received or receivable from employer(s)2011-12-31$41,948
2010 : TIM SCHULTZ PC PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$178,421
Expenses. Total of all expenses incurred2010-12-31$4,665
Total plan assets at end of year2010-12-31$958,376
Total plan assets at beginning of year2010-12-31$784,620
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$23,401
Expenses. Other expenses not covered elsewhere2010-12-31$4,665
Other income received2010-12-31$105,784
Net income (gross income less expenses)2010-12-31$173,756
Net plan assets at end of year (total assets less liabilities)2010-12-31$958,376
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$784,620
Assets. Value of participant loans2010-12-31$10,105
Total contributions received or receivable from employer(s)2010-12-31$49,236

Form 5500 Responses for TIM SCHULTZ PC PROFIT SHARING PLAN

2020: TIM SCHULTZ PC PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TIM SCHULTZ PC PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TIM SCHULTZ PC PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TIM SCHULTZ PC PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: TIM SCHULTZ PC PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: TIM SCHULTZ PC PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: TIM SCHULTZ PC PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: TIM SCHULTZ PC PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: TIM SCHULTZ PC PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: TIM SCHULTZ PC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: TIM SCHULTZ PC PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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