RETINAL CONSULTANTS MEDICAL GROUP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VITREO-RETINAL MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN
401k plan membership statisitcs for VITREO-RETINAL MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2016 : VITREO-RETINAL MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $169 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $169 |
| Total transfer of assets from this plan | 2016-12-31 | $6,573,311 |
| Total income from all sources (including contributions) | 2016-12-31 | $411,421 |
| Total of all expenses incurred | 2016-12-31 | $47,317 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $43,737 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $182,489 |
| Value of total assets at end of year | 2016-12-31 | $514,374 |
| Value of total assets at beginning of year | 2016-12-31 | $6,723,581 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $3,580 |
| Total interest from all sources | 2016-12-31 | $3,219 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $181 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $3,530 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $113,696 |
| Participant contributions at end of year | 2016-12-31 | $39,019 |
| Participant contributions at beginning of year | 2016-12-31 | $66,871 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $68,793 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $176 |
| Total non interest bearing cash at end of year | 2016-12-31 | $237 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $237 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $364,104 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $514,374 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $6,723,581 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $50 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $457,366 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $4,946,918 |
| Interest on participant loans | 2016-12-31 | $3,093 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $17,271 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $1,703,668 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $1,703,668 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $126 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $225,363 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Income. Dividends from common stock | 2016-12-31 | $181 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $43,737 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $305 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $5,887 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | BFBA, LLP |
| Accountancy firm EIN | 2016-12-31 | 680000424 |
