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Associates In Womens Health P.A. 401k Profit Sharing Plan


Plan Information

  • Plan Year01/01/2006 — 12/31/2006
  • Date of Plan01/01/1997
  • Net Assets as of 12/31/2006 $8,259,442
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program? No
  • Plan Funding ArrangementInsurance
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2006

  • Active (Eligible) Participants87
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits28
  • Subtotal115
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total115
  • Total number of participants as of 01/01/2006112
  • Number of participants with account balances98
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested1
  • Number of participants required to be reported on Schedule SSA3


  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address345 N Riverview St Ste 600
  • CityWichita
  • StateKS
  • Zip67203-4265
  • Telephone(316) 263-1102
  • EIN48-1187229
  • Industry Code621111
  • Named AdministratorDouglas Horbelt
  • Named Plan SponsorDouglas Horbelt

Plan Administrator Information

  • Administrator NameSAME
  • Telephone(316) 263-1102
  • Administrator EIN

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G 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.
2J 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.
2K 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 contributions 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.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
3E Prototype plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a separate funding medium (for example, a separate trust or custodial account) is established for the use of each adopting employer.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $250,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan at any time hold 20% or more of its assets in any single security, debt, mortgage, parcel of real estate, or partnership/joint venture interest? No $0
Are you claiming a waiver of the annual examination and report of an independent qualified public accountant (IQPA) under 29 CFR 2520.104-46? Yes
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No


Income and Expense Statement

Income $1,473,339
Contributions $0
Cash Contributions $692,504
Cash from Employers $445,112
Cash from Participants $246,135
Others (including rollovers) $1,257
Noncash Contributions $0
Other Income $780,835
Expenses $553,469
Total Benefit Payments $537,938
Corrective Distributions $12,960
Certain deemed distributions of participant loans $0
Other Expenses $2,571
Net Income $919,870
Transfers of Assets to (from) this Plan $0

Asset and Liability Statement

12/31/2006 12/31/2005 Change YOY
Total Assets $8,259,442 $7,339,572 12.53%
Total Liabilities $0 $0 0.0%
Net Assets $8,259,442 $7,339,572 12.53%

Specific Assets Statement

Held? Amount
Total Specific Assets No $27,071
Partnership/joint venture interests Yes $0
Employer Real Property Yes $0
Real Estate Yes $0
Employer Securities Yes $0
Participant Loans No $27,071
Loans (other than to participants) Yes $0
Tangible Personal Property Yes $0

Service Providers

Service Providers

There are no service providers listed for this plan.



Name of Investment Investment Manager Type of Investment Dollar Value
Separate Account II American United Life Insurance Co. DFE: Pooled Separate Account $7,867,866
Total $7,867,866

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
American United Life Insurance Company 98
EIN 35-0145825
Industry Code 60895
Contract Number G99228
Contract Year 01/01/2006 — 12/31/2006
Value in General Account at Year End $30,005
Value in Separate Accounts at Year End $7,867,866
Insurance Fees and Commissions $15,814
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
O Lee Elrick 3595 North Webb Rd Wichita, KS 67226 Insurance Agent or Broker $15,814 $0 N/A
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract
Balance at the end of the previous year $27,675
Additions $10,009
Contributions Deposited during the year $5,802
Dividends and credits $0
Interest credited during the year $1,021
Transferred from separate account $2,931
Other $255
Total of Balance and Additions $37,684
Deductions $7,679
Disbursed from fund to pay benefits or purchase annuities during the year $6,595
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $1,084
Balance at the end of the current year $30,005