IRA-Based
2024 plan-year IRA-Based DOL Form 5500

FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

FOUNDATION PHYSICIANS MEDICAL GROUP, INC.

This IRA-Based plan holds $117M in total assets and serves 374 participants as of 2024. It is sponsored by FOUNDATION PHYSICIANS MEDICAL GROUP, INC. in California. The plan reported positive net income of $19M for the year.

Total Assets (2023)
$117M
Participants
374
State
Industry
Healthcare & Social Assistance

What the Filing Says About FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN

FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN is a IRA-Based retirement plan sponsored by FOUNDATION PHYSICIANS MEDICAL GROUP, INC., headquartered in California. As of the 2024 Form 5500 filing, the plan reports $117M in total end-of-year assets and covers 374 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 320221884, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $98M at the beginning of 2024 to $117M at year-end — a gain of 19.3%. Net assets (after liabilities) closed the year at $117M, with reported net income of $19M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$98M
Total Assets (End of Year)$117M
Net Assets (End of Year)$117M
Net Income$19M
Plan TypeIRA-Based
Employer EIN320221884
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (FOUNDATION PHYSICIANS MEDICAL GROUP, INC.)

Year Plans Participants Total Assets
2022 1 349 $71M
2023 1 372 $98M
2024 1 374 $117M

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Frequently Asked Questions

How much money is in the FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN?
As of the 2024 Form 5500 filing, FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN holds $117M in total assets with 374 participants. It is sponsored by FOUNDATION PHYSICIANS MEDICAL GROUP, INC..
What type of plan is FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN?
FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN is a IRA-Based plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 320221884.
Who sponsors the FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN?
FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN is sponsored by FOUNDATION PHYSICIANS MEDICAL GROUP, INC., located in California. The sponsor's EIN is 320221884 and the plan operates in the Healthcare & Social Assistance industry.
How did FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN perform in 2024?
FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN grew by 19.3% during 2024, moving from $98M to $117M in total assets. Net income was $19M.
Where can I find official filings for FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN?
Official Form 5500 filings for FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 320221884 or plan name at efast.dol.gov.
How does FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN compare to other plans?
You can compare FOUNDATION PHYSICIANS MEDICAL GROUP, INC. 401(K) PLAN against other IRA-Based plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 320221884.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.