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INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 401k Plan overview

Plan NameINTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN
Plan identification number 001

INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan covering Self-Employed individuals.
  • 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

IMA MANAGEMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name:IMA MANAGEMENT, INC.
Employer identification number (EIN):956416058
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about IMA MANAGEMENT, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 2001-06-06
Company Identification Number: C2283124
Legal Registered Office Address: 501 Washington St Ste 508

San Diego
United States of America (USA)
92103

More information about IMA MANAGEMENT, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01BRADLEY SPITZ, M.D.2021-10-14 BRADLEY SPITZ, M.D.2021-10-14
0012019-01-01BRADLEY SPITZ, M.D.2020-10-12 BRADLEY SPITZ, M.D.2020-10-12
0012018-01-01
0012017-01-01JOHN W. FOX JR., M.D. JOHN W. FOX JR., M.D.2018-10-12
0012016-01-01JOHN W. FOX JR., M.D. JOHN W. FOX JR., M.D.2017-10-16
0012016-01-01 JOHN W. FOX JR., M.D.2018-10-12
0012015-01-01JOHN W. FOX JR., M.D. JOHN W. FOX JR., M.D.2016-10-17
0012014-01-01JOHN W. FOX, JR., M.D.2015-10-14
0012013-01-01
0012012-01-01JOHN W. FOX, JR., M.D.2013-10-15 JOHN W. FOX, JR., M.D.2013-10-15
0012011-01-01JOHN W. FOX, JR., M.D.2012-10-15 JOHN W. FOX, JR., M.D.2012-10-15
0012010-01-01PETER E. PREOVOLOS, APA2011-10-15 JOHN W. FOX, JR., M.D.2011-10-15

Plan Statistics for INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN

401k plan membership statisitcs for INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN

Measure Date Value
2018: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0153
Total number of active participants reported on line 7a of the Form 55002018-01-0121
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0128
Total of all active and inactive participants2018-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-0150
Number of participants with account balances2018-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0152
Total number of active participants reported on line 7a of the Form 55002017-01-0126
Number of retired or separated participants receiving benefits2017-01-013
Number of other retired or separated participants entitled to future benefits2017-01-0122
Total of all active and inactive participants2017-01-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-0152
Number of participants with account balances2017-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0150
Total number of active participants reported on line 7a of the Form 55002016-01-0128
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-0120
Total of all active and inactive participants2016-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-0150
Number of participants with account balances2016-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0149
Total number of active participants reported on line 7a of the Form 55002015-01-0128
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0120
Total of all active and inactive participants2015-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0148
Number of participants with account balances2015-01-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN

Measure Date Value
2018 : INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources2018-12-31$138,696
Expenses. Total of all expenses incurred2018-12-31$369,672
Benefits paid (including direct rollovers)2018-12-31$304,711
Total plan assets at end of year2018-12-31$10,435,363
Total plan assets at beginning of year2018-12-31$10,666,339
Value of fidelity bond covering the plan2018-12-31$500,000
Assets. Value of tangible personal property2018-12-31$0
Total contributions received or receivable from participants2018-12-31$98,194
Contributions received from other sources (not participants or employers)2018-12-31$77,074
Other income received2018-12-31$-458,128
Net income (gross income less expenses)2018-12-31$-230,976
Net plan assets at end of year (total assets less liabilities)2018-12-31$10,435,363
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$10,666,339
Assets. Value of participant loans2018-12-31$50,621
Total contributions received or receivable from employer(s)2018-12-31$421,556
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$64,961
2017 : INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2017 401k financial data
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$1,699,707
Expenses. Total of all expenses incurred2017-12-31$438,981
Benefits paid (including direct rollovers)2017-12-31$372,286
Total plan assets at end of year2017-12-31$10,666,339
Total plan assets at beginning of year2017-12-31$9,405,613
Value of fidelity bond covering the plan2017-12-31$500,000
Assets. Value of tangible personal property2017-12-31$9,260
Total contributions received or receivable from participants2017-12-31$103,944
Other income received2017-12-31$1,231,014
Net income (gross income less expenses)2017-12-31$1,260,726
Net plan assets at end of year (total assets less liabilities)2017-12-31$10,666,339
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$9,405,613
Assets. Value of participant loans2017-12-31$13,870
Total contributions received or receivable from employer(s)2017-12-31$364,749
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$66,695
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$1,003,917
Expenses. Total of all expenses incurred2016-12-31$139,345
Benefits paid (including direct rollovers)2016-12-31$85,328
Total plan assets at end of year2016-12-31$9,471,613
Total plan assets at beginning of year2016-12-31$8,607,041
Value of fidelity bond covering the plan2016-12-31$500,000
Assets. Value of tangible personal property2016-12-31$14,500
Total contributions received or receivable from participants2016-12-31$96,000
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$547,893
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$864,572
Net plan assets at end of year (total assets less liabilities)2016-12-31$9,471,613
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$8,607,041
Assets. Value of participant loans2016-12-31$22,729
Total contributions received or receivable from employer(s)2016-12-31$360,024
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$54,017
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$343,005
Expenses. Total of all expenses incurred2015-12-31$114,892
Benefits paid (including direct rollovers)2015-12-31$50,161
Total plan assets at end of year2015-12-31$8,607,041
Total plan assets at beginning of year2015-12-31$8,378,928
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$124,190
Other income received2015-12-31$-55,246
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$228,113
Net plan assets at end of year (total assets less liabilities)2015-12-31$8,607,041
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$8,378,928
Assets. Value of participant loans2015-12-31$20,880
Total contributions received or receivable from employer(s)2015-12-31$274,061
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$64,731
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0

Form 5500 Responses for INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN

2018: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: INTERNAL MEDICINE ASSOCIATES PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number5397213,9664500
Policy instance 1
Insurance contract or identification number5397213,9664500
Number of Individuals Covered1
Insurance policy start date2017-12-01
Insurance policy end date2018-12-01
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?1
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number5397213,9664500
Policy instance 1
Insurance contract or identification number5397213,9664500
Number of Individuals Covered1
Insurance policy start date2016-12-01
Insurance policy end date2017-12-01
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?1
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number5597213,9664500
Policy instance 1
Insurance contract or identification number5597213,9664500
Number of Individuals Covered1
Insurance policy start date2014-12-01
Insurance policy end date2015-12-01
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No

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