401k Plan data: PREVNETAMED TECHNOLOGIES 401(K) PLAN plan

PREVNETAMED TECHNOLOGIES 401(K) PLAN 401k Plan overview

Plan Name	PREVNETAMED TECHNOLOGIES 401(K) PLAN
Plan identification number	001

PREVNETAMED TECHNOLOGIES 401(K) 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TEAM SPINE WISCONSIN, INC. has sponsored the creation of one or more 401k plans.

Company Name: TEAM SPINE WISCONSIN, INC.

Employer identification number (EIN): 800814835

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREVNETAMED TECHNOLOGIES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2023-01-01

Plan Statistics for PREVNETAMED TECHNOLOGIES 401(K) PLAN

401k plan membership statisitcs for PREVNETAMED TECHNOLOGIES 401(K) PLAN

Measure Date Value
2023: PREVNETAMED TECHNOLOGIES 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 38
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 17
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 12
Total of all active and inactive participants 2023-01-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 29
Number of participants with account balances 2023-01-01 27

Measure	Date	Value
2023: PREVNETAMED TECHNOLOGIES 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	38
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	17
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	12
Total of all active and inactive participants	2023-01-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	29
Number of participants with account balances	2023-01-01	27

Financial Data on PREVNETAMED TECHNOLOGIES 401(K) PLAN

Measure	Date	Value
2023 : PREVNETAMED TECHNOLOGIES 401(K) PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$771,091
Expenses. Total of all expenses incurred	2023-12-31	$151,311
Benefits paid (including direct rollovers)	2023-12-31	$79,854
Total plan assets at end of year	2023-12-31	$4,051,340
Total plan assets at beginning of year	2023-12-31	$3,431,560
Value of fidelity bond covering the plan	2023-12-31	$500,000
Total contributions received or receivable from participants	2023-12-31	$117,950
Expenses. Other expenses not covered elsewhere	2023-12-31	$0
Contributions received from other sources (not participants or employers)	2023-12-31	$0
Other income received	2023-12-31	$653,141
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$619,780
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$4,051,340
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$3,431,560
Assets. Value of participant loans	2023-12-31	$6,348
Total contributions received or receivable from employer(s)	2023-12-31	$0
Value of certain deemed distributions of participant loans	2023-12-31	$54,412
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$17,045

Form 5500 Responses for PREVNETAMED TECHNOLOGIES 401(K) PLAN

2023: PREVNETAMED TECHNOLOGIES 401(K) 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

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Company Name:	TEAM SPINE WISCONSIN, INC.
Employer identification number (EIN):	800814835
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services