Tushar B. Patel, D.D.S., Inc. Profit Sharing Plan — Form 5500 plan (Tushar B. Patel, D.D.S., Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Tushar B. Patel, D.D.S., Inc. Profit Sharing Plan is a benefit plan reported by Tushar B. Patel, D.D.S., Inc. under EIN 20-1941713 and plan number 001. The latest loaded filing year is 2023. The filing reports 8 participants and $1,208,168 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.2MPlan net assets, end of year$1,208,168
Participants8Covered participants reported
Assets / participant$151KComputed: assets ÷ participants$151,021 (computed)
Provider compensationNone reported
Plan sponsor
Tushar B. Patel, D.D.S., Inc.
EIN
20-1941713
Plan number
001
Plan type
2
Location
San Dimas, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20238I20240930150017NAL0003345379001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.2M total assets
Net assets$1.2MLiabilities
Money in vs. money out
Total income / additions$154.1K
Total expenses$15.3K
Benefits paid / distributions$15.2K
Contributions
Employer$31.3K
Participant$48.5K
Full reported line items

Net assets

Total assets (EOY)
$1,208,168
Net assets (EOY)
$1,208,168
Net assets (BOY)
$1,069,365

Income & contributions

Employer contributions
$31,314
Participant contributions
$48,457
Total income / additions
$154,072

Expenses & distributions

Benefits paid
$15,241
Total expenses
$15,269
Net increase / (decrease)
$138,803
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 39%Participant 61%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income10%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages