401k Plan data: THE ALBANY MEDICAL CENTER RETIREMENT PLAN plan

THE ALBANY MEDICAL CENTER RETIREMENT PLAN 401k Plan overview

Plan Name	THE ALBANY MEDICAL CENTER RETIREMENT PLAN
Plan identification number	003

THE ALBANY MEDICAL CENTER RETIREMENT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ALBANY MED HEALTH SYSTEM has sponsored the creation of one or more 401k plans.

Company Name: ALBANY MED HEALTH SYSTEM

Employer identification number (EIN): 141641730

NAIC Classification: 622000
NAIC Description: Hospitals

Additional information about ALBANY MED HEALTH SYSTEM

Jurisdiction of Incorporation: New York Department of State

Incorporation Date: 1982-10-08

Company Identification Number: 797561

Legal Registered Office Address: ATTN: PRESIDENT
43 NEW SCOTLAND AVENUE
ALBANY
United States of America (USA)
12208

More information about ALBANY MED HEALTH SYSTEM

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE ALBANY MEDICAL CENTER RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01
003 2021-01-01
003 2020-01-01
003 2019-01-01
003 2018-01-01
003 2017-01-01 FRANCES S. ALBERT

Plan Statistics for THE ALBANY MEDICAL CENTER RETIREMENT PLAN

401k plan membership statisitcs for THE ALBANY MEDICAL CENTER RETIREMENT PLAN

Measure Date Value
2022: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 408,593,803
Acturial value of plan assets 2022-12-31 397,012,896
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 27,210,305
Number of terminated vested participants 2022-12-31 4,903
Fundng target for terminated vested participants 2022-12-31 56,630,138
Active participant vested funding target 2022-12-31 191,006,094
Number of active participants 2022-12-31 7,778
Total funding liabilities for active participants 2022-12-31 193,899,369
Total participant count 2022-12-31 12,882
Total funding target for all participants 2022-12-31 277,739,812
Balance at beginning of prior year after applicable adjustments 2022-12-31 115,113,720
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 14,493,356
Amount remaining of carryover balance 2022-12-31 100,620,364
Balance of carryovers at beginning of current year 2022-12-31 107,714,100
Minimum required contributions for current year target normal cost 2022-12-31 14,974,156
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 3,415,172
Carryover balance elected to use to offset funding requirement 2022-12-31 3,415,172
Additional cash requirement 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 12,882
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 7,722
Number of retired or separated participants receiving benefits 2022-01-01 238
Number of other retired or separated participants entitled to future benefits 2022-01-01 5,165
Total of all active and inactive participants 2022-01-01 13,125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 48
Total participants 2022-01-01 13,173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 381
2021: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 412,582,926
Acturial value of plan assets 2021-12-31 386,935,126
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 21,842,354
Number of terminated vested participants 2021-12-31 4,288
Fundng target for terminated vested participants 2021-12-31 53,832,479
Active participant vested funding target 2021-12-31 196,951,567
Number of active participants 2021-12-31 8,295
Total funding liabilities for active participants 2021-12-31 199,939,396
Total participant count 2021-12-31 12,743
Total funding target for all participants 2021-12-31 275,614,229
Balance at beginning of prior year after applicable adjustments 2021-12-31 113,154,507
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 9,783,710
Amount remaining of carryover balance 2021-12-31 103,370,797
Present value of excess contributions 2021-12-31 15,180,680
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 16,583,545
Balance of carryovers at beginning of current year 2021-12-31 115,113,720
Minimum required contributions for current year target normal cost 2021-12-31 14,493,356
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 14,493,356
Carryover balance elected to use to offset funding requirement 2021-12-31 14,493,356
Additional cash requirement 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 12,743
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 7,696
Number of retired or separated participants receiving benefits 2021-01-01 198
Number of other retired or separated participants entitled to future benefits 2021-01-01 4,867
Total of all active and inactive participants 2021-01-01 12,761
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 39
Total participants 2021-01-01 12,800
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 516
2020: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 379,808,988
Acturial value of plan assets 2020-12-31 368,422,484
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 13,819,911
Number of terminated vested participants 2020-12-31 3,964
Fundng target for terminated vested participants 2020-12-31 52,026,418
Active participant vested funding target 2020-12-31 217,499,926
Number of active participants 2020-12-31 8,267
Total funding liabilities for active participants 2020-12-31 220,429,548
Total participant count 2020-12-31 12,329
Total funding target for all participants 2020-12-31 286,275,877
Balance at beginning of prior year after applicable adjustments 2020-12-31 106,487,136
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 9,963,629
Amount remaining of carryover balance 2020-12-31 96,523,507
Present value of excess contributions 2020-12-31 2,635,206
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 2,780,933
Balance of carryovers at beginning of current year 2020-12-31 113,154,507
Total employer contributions 2020-12-31 21,375,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 20,305,236
Minimum required contributions for current year target normal cost 2020-12-31 14,908,266
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 14,908,266
Carryover balance elected to use to offset funding requirement 2020-12-31 9,783,710
Additional cash requirement 2020-12-31 5,124,556
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 20,305,236
Total participants, beginning-of-year 2020-01-01 12,329
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 8,208
Number of retired or separated participants receiving benefits 2020-01-01 159
Number of other retired or separated participants entitled to future benefits 2020-01-01 4,261
Total of all active and inactive participants 2020-01-01 12,628
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 28
Total participants 2020-01-01 12,656
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 389
2019: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 333,772,110
Acturial value of plan assets 2019-12-31 350,374,503
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 7,126,150
Number of terminated vested participants 2019-12-31 3,565
Fundng target for terminated vested participants 2019-12-31 49,598,669
Active participant vested funding target 2019-12-31 222,189,281
Number of active participants 2019-12-31 8,200
Total funding liabilities for active participants 2019-12-31 226,113,944
Total participant count 2019-12-31 11,817
Total funding target for all participants 2019-12-31 282,838,763
Balance at beginning of prior year after applicable adjustments 2019-12-31 114,427,104
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 3,860,043
Amount remaining of carryover balance 2019-12-31 110,567,061
Balance of carryovers at beginning of current year 2019-12-31 106,487,136
Total employer contributions 2019-12-31 8,375,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 7,862,958
Minimum required contributions for current year target normal cost 2019-12-31 15,191,381
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 15,191,381
Carryover balance elected to use to offset funding requirement 2019-12-31 9,963,629
Additional cash requirement 2019-12-31 5,227,752
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 7,862,958
Total participants, beginning-of-year 2019-01-01 11,817
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 8,178
Number of retired or separated participants receiving benefits 2019-01-01 97
Number of other retired or separated participants entitled to future benefits 2019-01-01 3,934
Total of all active and inactive participants 2019-01-01 12,209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 31
Total participants 2019-01-01 12,240
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 396
2018: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 409,799,724
Acturial value of plan assets 2018-12-31 392,138,230
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 38,663,579
Number of terminated vested participants 2018-12-31 3,200
Fundng target for terminated vested participants 2018-12-31 45,802,441
Active participant vested funding target 2018-12-31 219,079,866
Number of active participants 2018-12-31 8,116
Total funding liabilities for active participants 2018-12-31 223,170,529
Total participant count 2018-12-31 11,772
Total funding target for all participants 2018-12-31 307,636,549
Balance at beginning of prior year after applicable adjustments 2018-12-31 100,639,493
Amount remaining of carryover balance 2018-12-31 100,639,493
Present value of excess contributions 2018-12-31 3,437,172
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 3,640,653
Balance of carryovers at beginning of current year 2018-12-31 114,427,104
Total employer contributions 2018-12-31 10,794,901
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 10,690,026
Minimum required contributions for current year target normal cost 2018-12-31 14,550,069
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 14,550,069
Carryover balance elected to use to offset funding requirement 2018-12-31 3,860,043
Additional cash requirement 2018-12-31 10,690,026
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 10,690,026
Total participants, beginning-of-year 2018-01-01 11,772
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 8,056
Number of retired or separated participants receiving benefits 2018-01-01 51
Number of other retired or separated participants entitled to future benefits 2018-01-01 3,536
Total of all active and inactive participants 2018-01-01 11,643
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 30
Total participants 2018-01-01 11,673
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 348
2017: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 362,916,479
Acturial value of plan assets 2017-12-31 371,820,518
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 32,499,764
Number of terminated vested participants 2017-12-31 2,967
Fundng target for terminated vested participants 2017-12-31 42,180,492
Active participant vested funding target 2017-12-31 210,786,211
Number of active participants 2017-12-31 7,868
Total funding liabilities for active participants 2017-12-31 212,787,544
Total participant count 2017-12-31 11,258
Total funding target for all participants 2017-12-31 287,467,800
Balance at beginning of prior year after applicable adjustments 2017-12-31 100,639,493
Amount remaining of carryover balance 2017-12-31 100,639,493
Balance of carryovers at beginning of current year 2017-12-31 100,639,493
Total employer contributions 2017-12-31 17,424,361
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 17,077,565
Minimum required contributions for current year target normal cost 2017-12-31 13,640,393
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 13,640,393
Additional cash requirement 2017-12-31 13,640,393
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 17,077,565
Total participants, beginning-of-year 2017-01-01 11,258
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 8,034
Number of retired or separated participants receiving benefits 2017-01-01 425
Number of other retired or separated participants entitled to future benefits 2017-01-01 3,173
Total of all active and inactive participants 2017-01-01 11,632
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 58
Total participants 2017-01-01 11,690
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 342

Measure	Date	Value
2022: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	408,593,803
Acturial value of plan assets	2022-12-31	397,012,896
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	27,210,305
Number of terminated vested participants	2022-12-31	4,903
Fundng target for terminated vested participants	2022-12-31	56,630,138
Active participant vested funding target	2022-12-31	191,006,094
Number of active participants	2022-12-31	7,778
Total funding liabilities for active participants	2022-12-31	193,899,369
Total participant count	2022-12-31	12,882
Total funding target for all participants	2022-12-31	277,739,812
Balance at beginning of prior year after applicable adjustments	2022-12-31	115,113,720
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	14,493,356
Amount remaining of carryover balance	2022-12-31	100,620,364
Balance of carryovers at beginning of current year	2022-12-31	107,714,100
Minimum required contributions for current year target normal cost	2022-12-31	14,974,156
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	3,415,172
Carryover balance elected to use to offset funding requirement	2022-12-31	3,415,172
Additional cash requirement	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	12,882
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	7,722
Number of retired or separated participants receiving benefits	2022-01-01	238
Number of other retired or separated participants entitled to future benefits	2022-01-01	5,165
Total of all active and inactive participants	2022-01-01	13,125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	48
Total participants	2022-01-01	13,173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	381
2021: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	412,582,926
Acturial value of plan assets	2021-12-31	386,935,126
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	21,842,354
Number of terminated vested participants	2021-12-31	4,288
Fundng target for terminated vested participants	2021-12-31	53,832,479
Active participant vested funding target	2021-12-31	196,951,567
Number of active participants	2021-12-31	8,295
Total funding liabilities for active participants	2021-12-31	199,939,396
Total participant count	2021-12-31	12,743
Total funding target for all participants	2021-12-31	275,614,229
Balance at beginning of prior year after applicable adjustments	2021-12-31	113,154,507
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	9,783,710
Amount remaining of carryover balance	2021-12-31	103,370,797
Present value of excess contributions	2021-12-31	15,180,680
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	16,583,545
Balance of carryovers at beginning of current year	2021-12-31	115,113,720
Minimum required contributions for current year target normal cost	2021-12-31	14,493,356
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	14,493,356
Carryover balance elected to use to offset funding requirement	2021-12-31	14,493,356
Additional cash requirement	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	12,743
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	7,696
Number of retired or separated participants receiving benefits	2021-01-01	198
Number of other retired or separated participants entitled to future benefits	2021-01-01	4,867
Total of all active and inactive participants	2021-01-01	12,761
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	39
Total participants	2021-01-01	12,800
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	516
2020: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	379,808,988
Acturial value of plan assets	2020-12-31	368,422,484
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	13,819,911
Number of terminated vested participants	2020-12-31	3,964
Fundng target for terminated vested participants	2020-12-31	52,026,418
Active participant vested funding target	2020-12-31	217,499,926
Number of active participants	2020-12-31	8,267
Total funding liabilities for active participants	2020-12-31	220,429,548
Total participant count	2020-12-31	12,329
Total funding target for all participants	2020-12-31	286,275,877
Balance at beginning of prior year after applicable adjustments	2020-12-31	106,487,136
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	9,963,629
Amount remaining of carryover balance	2020-12-31	96,523,507
Present value of excess contributions	2020-12-31	2,635,206
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	2,780,933
Balance of carryovers at beginning of current year	2020-12-31	113,154,507
Total employer contributions	2020-12-31	21,375,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	20,305,236
Minimum required contributions for current year target normal cost	2020-12-31	14,908,266
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	14,908,266
Carryover balance elected to use to offset funding requirement	2020-12-31	9,783,710
Additional cash requirement	2020-12-31	5,124,556
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	20,305,236
Total participants, beginning-of-year	2020-01-01	12,329
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	8,208
Number of retired or separated participants receiving benefits	2020-01-01	159
Number of other retired or separated participants entitled to future benefits	2020-01-01	4,261
Total of all active and inactive participants	2020-01-01	12,628
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	28
Total participants	2020-01-01	12,656
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	389
2019: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	333,772,110
Acturial value of plan assets	2019-12-31	350,374,503
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	7,126,150
Number of terminated vested participants	2019-12-31	3,565
Fundng target for terminated vested participants	2019-12-31	49,598,669
Active participant vested funding target	2019-12-31	222,189,281
Number of active participants	2019-12-31	8,200
Total funding liabilities for active participants	2019-12-31	226,113,944
Total participant count	2019-12-31	11,817
Total funding target for all participants	2019-12-31	282,838,763
Balance at beginning of prior year after applicable adjustments	2019-12-31	114,427,104
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	3,860,043
Amount remaining of carryover balance	2019-12-31	110,567,061
Balance of carryovers at beginning of current year	2019-12-31	106,487,136
Total employer contributions	2019-12-31	8,375,000
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	7,862,958
Minimum required contributions for current year target normal cost	2019-12-31	15,191,381
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	15,191,381
Carryover balance elected to use to offset funding requirement	2019-12-31	9,963,629
Additional cash requirement	2019-12-31	5,227,752
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	7,862,958
Total participants, beginning-of-year	2019-01-01	11,817
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	8,178
Number of retired or separated participants receiving benefits	2019-01-01	97
Number of other retired or separated participants entitled to future benefits	2019-01-01	3,934
Total of all active and inactive participants	2019-01-01	12,209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	31
Total participants	2019-01-01	12,240
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	396
2018: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	409,799,724
Acturial value of plan assets	2018-12-31	392,138,230
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	38,663,579
Number of terminated vested participants	2018-12-31	3,200
Fundng target for terminated vested participants	2018-12-31	45,802,441
Active participant vested funding target	2018-12-31	219,079,866
Number of active participants	2018-12-31	8,116
Total funding liabilities for active participants	2018-12-31	223,170,529
Total participant count	2018-12-31	11,772
Total funding target for all participants	2018-12-31	307,636,549
Balance at beginning of prior year after applicable adjustments	2018-12-31	100,639,493
Amount remaining of carryover balance	2018-12-31	100,639,493
Present value of excess contributions	2018-12-31	3,437,172
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	3,640,653
Balance of carryovers at beginning of current year	2018-12-31	114,427,104
Total employer contributions	2018-12-31	10,794,901
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	10,690,026
Minimum required contributions for current year target normal cost	2018-12-31	14,550,069
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	14,550,069
Carryover balance elected to use to offset funding requirement	2018-12-31	3,860,043
Additional cash requirement	2018-12-31	10,690,026
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	10,690,026
Total participants, beginning-of-year	2018-01-01	11,772
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	8,056
Number of retired or separated participants receiving benefits	2018-01-01	51
Number of other retired or separated participants entitled to future benefits	2018-01-01	3,536
Total of all active and inactive participants	2018-01-01	11,643
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	30
Total participants	2018-01-01	11,673
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	348
2017: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	362,916,479
Acturial value of plan assets	2017-12-31	371,820,518
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	32,499,764
Number of terminated vested participants	2017-12-31	2,967
Fundng target for terminated vested participants	2017-12-31	42,180,492
Active participant vested funding target	2017-12-31	210,786,211
Number of active participants	2017-12-31	7,868
Total funding liabilities for active participants	2017-12-31	212,787,544
Total participant count	2017-12-31	11,258
Total funding target for all participants	2017-12-31	287,467,800
Balance at beginning of prior year after applicable adjustments	2017-12-31	100,639,493
Amount remaining of carryover balance	2017-12-31	100,639,493
Balance of carryovers at beginning of current year	2017-12-31	100,639,493
Total employer contributions	2017-12-31	17,424,361
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	17,077,565
Minimum required contributions for current year target normal cost	2017-12-31	13,640,393
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	13,640,393
Additional cash requirement	2017-12-31	13,640,393
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	17,077,565
Total participants, beginning-of-year	2017-01-01	11,258
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	8,034
Number of retired or separated participants receiving benefits	2017-01-01	425
Number of other retired or separated participants entitled to future benefits	2017-01-01	3,173
Total of all active and inactive participants	2017-01-01	11,632
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	58
Total participants	2017-01-01	11,690
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	342

Financial Data on THE ALBANY MEDICAL CENTER RETIREMENT PLAN

Measure	Date	Value
2022 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$-77,968,179
Total unrealized appreciation/depreciation of assets	2022-12-31	$-77,968,179
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$218,988
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$355,386
Total income from all sources (including contributions)	2022-12-31	$-67,016,559
Total loss/gain on sale of assets	2022-12-31	$1,496,458
Total of all expenses incurred	2022-12-31	$33,816,019
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$31,401,648
Value of total assets at end of year	2022-12-31	$307,658,810
Value of total assets at beginning of year	2022-12-31	$408,627,786
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$2,414,371
Total interest from all sources	2022-12-31	$3,662,307
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$5,789,751
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$5,169,308
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$859,712
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$933,436
Other income not declared elsewhere	2022-12-31	$3,104
Administrative expenses (other) incurred	2022-12-31	$1,756,039
Liabilities. Value of operating payables at end of year	2022-12-31	$207,726
Liabilities. Value of operating payables at beginning of year	2022-12-31	$321,403
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-100,832,578
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$307,439,822
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$408,272,400
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Assets. partnership/joint venture interests at end of year	2022-12-31	$41,187,952
Assets. partnership/joint venture interests at beginning of year	2022-12-31	$45,139,278
Investment advisory and management fees	2022-12-31	$658,332
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$138,726,386
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$181,210,273
Value of interest in pooled separate accounts at end of year	2022-12-31	$0
Interest earned on other investments	2022-12-31	$3,553,185
Value of interest in common/collective trusts at end of year	2022-12-31	$15,306,666
Value of interest in common/collective trusts at beginning of year	2022-12-31	$27,024,979
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$3,296,930
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$5,547,357
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$5,547,357
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$109,122
Asset value of US Government securities at end of year	2022-12-31	$11,639,515
Asset value of US Government securities at beginning of year	2022-12-31	$12,417,246
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Income. Dividends from common stock	2022-12-31	$620,443
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$31,401,648
Asset. Corporate debt instrument debt (other) at end of year	2022-12-31	$65,029,166
Asset. Corporate debt instrument debt (other) at beginning of year	2022-12-31	$91,795,525
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2022-12-31	$31,612,483
Assets. Corporate common stocks other than exployer securities at beginning of year	2022-12-31	$44,559,692
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Aggregate proceeds on sale of assets	2022-12-31	$157,297,953
Aggregate carrying amount (costs) on sale of assets	2022-12-31	$155,801,495
Liabilities. Value of acquisition indebtedness at end of year	2022-12-31	$11,262
Liabilities. Value of acquisition indebtedness at beginning of year	2022-12-31	$33,983
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	UHY LLP
Accountancy firm EIN	2022-12-31	200694403
2021 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$-8,766,947
Total unrealized appreciation/depreciation of assets	2021-12-31	$-8,766,947
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$355,386
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$314,088
Total income from all sources (including contributions)	2021-12-31	$28,986,740
Total loss/gain on sale of assets	2021-12-31	$26,078,536
Total of all expenses incurred	2021-12-31	$32,984,144
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$30,210,742
Value of total assets at end of year	2021-12-31	$408,627,786
Value of total assets at beginning of year	2021-12-31	$412,583,892
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$2,773,402
Total interest from all sources	2021-12-31	$5,564,991
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$6,108,493
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$5,550,206
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$933,436
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$900,589
Other income not declared elsewhere	2021-12-31	$1,667
Administrative expenses (other) incurred	2021-12-31	$1,784,900
Liabilities. Value of operating payables at end of year	2021-12-31	$321,403
Liabilities. Value of operating payables at beginning of year	2021-12-31	$313,122
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$-3,997,404
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$408,272,400
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$412,269,804
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Assets. partnership/joint venture interests at end of year	2021-12-31	$45,139,278
Assets. partnership/joint venture interests at beginning of year	2021-12-31	$43,336,599
Investment advisory and management fees	2021-12-31	$988,502
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$181,210,273
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$141,078,875
Value of interest in pooled separate accounts at end of year	2021-12-31	$0
Interest earned on other investments	2021-12-31	$5,540,230
Value of interest in common/collective trusts at end of year	2021-12-31	$27,024,979
Value of interest in common/collective trusts at beginning of year	2021-12-31	$47,464,441
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$5,547,357
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$28,282,646
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$28,282,646
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$24,761
Asset value of US Government securities at end of year	2021-12-31	$12,417,246
Asset value of US Government securities at beginning of year	2021-12-31	$11,420,822
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Income. Dividends from common stock	2021-12-31	$558,287
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$30,210,742
Asset. Corporate debt instrument debt (other) at end of year	2021-12-31	$91,795,525
Asset. Corporate debt instrument debt (other) at beginning of year	2021-12-31	$94,211,880
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2021-12-31	$44,559,692
Assets. Corporate common stocks other than exployer securities at beginning of year	2021-12-31	$45,888,040
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$202,716,411
Aggregate carrying amount (costs) on sale of assets	2021-12-31	$176,637,875
Liabilities. Value of acquisition indebtedness at end of year	2021-12-31	$33,983
Liabilities. Value of acquisition indebtedness at beginning of year	2021-12-31	$966
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	UHY LLP
Accountancy firm EIN	2021-12-31	200694403
2020 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$22,737,644
Total unrealized appreciation/depreciation of assets	2020-12-31	$22,737,644
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$314,088
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$259,224
Total income from all sources (including contributions)	2020-12-31	$63,568,589
Total loss/gain on sale of assets	2020-12-31	$10,167,941
Total of all expenses incurred	2020-12-31	$30,937,239
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$28,471,989
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$21,375,000
Value of total assets at end of year	2020-12-31	$412,583,892
Value of total assets at beginning of year	2020-12-31	$379,897,678
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$2,465,250
Total interest from all sources	2020-12-31	$5,436,120
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$3,846,105
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$3,388,616
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$900,589
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$1,040,248
Other income not declared elsewhere	2020-12-31	$5,779
Administrative expenses (other) incurred	2020-12-31	$1,643,775
Liabilities. Value of operating payables at end of year	2020-12-31	$313,122
Liabilities. Value of operating payables at beginning of year	2020-12-31	$249,524
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$32,631,350
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$412,269,804
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$379,638,454
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Assets. partnership/joint venture interests at end of year	2020-12-31	$43,336,599
Assets. partnership/joint venture interests at beginning of year	2020-12-31	$71,437,150
Investment advisory and management fees	2020-12-31	$821,475
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$141,078,875
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$108,813,485
Value of interest in pooled separate accounts at end of year	2020-12-31	$0
Interest earned on other investments	2020-12-31	$5,398,981
Value of interest in common/collective trusts at end of year	2020-12-31	$47,464,441
Value of interest in common/collective trusts at beginning of year	2020-12-31	$35,664,681
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$28,282,646
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$20,902,331
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$20,902,331
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$37,139
Asset value of US Government securities at end of year	2020-12-31	$11,420,822
Asset value of US Government securities at beginning of year	2020-12-31	$9,656,633
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$21,375,000
Employer contributions (assets) at beginning of year	2020-12-31	$2,375,000
Income. Dividends from common stock	2020-12-31	$457,489
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$28,471,989
Asset. Corporate debt instrument debt (other) at end of year	2020-12-31	$94,211,880
Asset. Corporate debt instrument debt (other) at beginning of year	2020-12-31	$95,139,017
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2020-12-31	$45,888,040
Assets. Corporate common stocks other than exployer securities at beginning of year	2020-12-31	$34,869,133
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$315,256,706
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$305,088,765
Liabilities. Value of acquisition indebtedness at end of year	2020-12-31	$966
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$9,700
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	GRANT THORNTON
Accountancy firm EIN	2020-12-31	366055558
2019 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$36,270,262
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$36,270,262
Total unrealized appreciation/depreciation of assets	2019-12-31	$36,270,262
Total unrealized appreciation/depreciation of assets	2019-12-31	$36,270,262
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$259,224
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$259,224
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$337,413
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$337,413
Total income from all sources (including contributions)	2019-12-31	$65,527,498
Total income from all sources (including contributions)	2019-12-31	$65,527,498
Total loss/gain on sale of assets	2019-12-31	$12,462,101
Total loss/gain on sale of assets	2019-12-31	$12,462,101
Total of all expenses incurred	2019-12-31	$19,341,389
Total of all expenses incurred	2019-12-31	$19,341,389
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$16,998,978
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$16,998,978
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$8,375,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$8,375,000
Value of total assets at end of year	2019-12-31	$379,897,678
Value of total assets at end of year	2019-12-31	$379,897,678
Value of total assets at beginning of year	2019-12-31	$333,789,758
Value of total assets at beginning of year	2019-12-31	$333,789,758
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$2,342,411
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$2,342,411
Total interest from all sources	2019-12-31	$5,525,590
Total interest from all sources	2019-12-31	$5,525,590
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$2,454,613
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$2,454,613
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$10,000,000
Value of fidelity bond cover	2019-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$9,779,594
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$9,779,594
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$1,040,248
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$1,040,248
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$1,271,983
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$1,271,983
Other income not declared elsewhere	2019-12-31	$439,932
Other income not declared elsewhere	2019-12-31	$439,932
Administrative expenses (other) incurred	2019-12-31	$1,435,162
Administrative expenses (other) incurred	2019-12-31	$1,435,162
Liabilities. Value of operating payables at end of year	2019-12-31	$249,524
Liabilities. Value of operating payables at beginning of year	2019-12-31	$319,764
Liabilities. Value of operating payables at beginning of year	2019-12-31	$319,764
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$46,186,109
Value of net income/loss	2019-12-31	$46,186,109
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$379,638,454
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$379,638,454
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$333,452,345
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$333,452,345
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Assets. partnership/joint venture interests at end of year	2019-12-31	$71,437,150
Assets. partnership/joint venture interests at end of year	2019-12-31	$71,437,150
Assets. partnership/joint venture interests at beginning of year	2019-12-31	$67,148,054
Assets. partnership/joint venture interests at beginning of year	2019-12-31	$67,148,054
Investment advisory and management fees	2019-12-31	$907,249
Investment advisory and management fees	2019-12-31	$907,249
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$108,813,485
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$108,813,485
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$77,923,948
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$77,923,948
Value of interest in pooled separate accounts at end of year	2019-12-31	$0
Value of interest in pooled separate accounts at end of year	2019-12-31	$0
Interest earned on other investments	2019-12-31	$5,398,553
Interest earned on other investments	2019-12-31	$5,398,553
Value of interest in common/collective trusts at end of year	2019-12-31	$35,664,681
Value of interest in common/collective trusts at end of year	2019-12-31	$35,664,681
Value of interest in common/collective trusts at beginning of year	2019-12-31	$31,216,469
Value of interest in common/collective trusts at beginning of year	2019-12-31	$31,216,469
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$20,902,331
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$20,902,331
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$6,028,505
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$6,028,505
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$6,028,505
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$6,028,505
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$127,037
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$127,037
Asset value of US Government securities at end of year	2019-12-31	$9,656,633
Asset value of US Government securities at end of year	2019-12-31	$9,656,633
Asset value of US Government securities at beginning of year	2019-12-31	$5,335,955
Asset value of US Government securities at beginning of year	2019-12-31	$5,335,955
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$8,375,000
Contributions received in cash from employer	2019-12-31	$8,375,000
Employer contributions (assets) at end of year	2019-12-31	$2,375,000
Employer contributions (assets) at end of year	2019-12-31	$2,375,000
Income. Dividends from common stock	2019-12-31	$2,454,613
Income. Dividends from common stock	2019-12-31	$2,454,613
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$16,998,978
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$16,998,978
Asset. Corporate debt instrument debt (other) at end of year	2019-12-31	$95,139,017
Asset. Corporate debt instrument debt (other) at end of year	2019-12-31	$95,139,017
Asset. Corporate debt instrument debt (other) at beginning of year	2019-12-31	$108,556,451
Asset. Corporate debt instrument debt (other) at beginning of year	2019-12-31	$108,556,451
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2019-12-31	$34,869,133
Assets. Corporate common stocks other than exployer securities at end of year	2019-12-31	$34,869,133
Assets. Corporate common stocks other than exployer securities at beginning of year	2019-12-31	$26,528,799
Assets. Corporate common stocks other than exployer securities at beginning of year	2019-12-31	$26,528,799
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Aggregate proceeds on sale of assets	2019-12-31	$186,121,845
Aggregate proceeds on sale of assets	2019-12-31	$186,121,845
Aggregate carrying amount (costs) on sale of assets	2019-12-31	$173,659,744
Aggregate carrying amount (costs) on sale of assets	2019-12-31	$173,659,744
Liabilities. Value of acquisition indebtedness at end of year	2019-12-31	$9,700
Liabilities. Value of acquisition indebtedness at end of year	2019-12-31	$9,700
Liabilities. Value of acquisition indebtedness at beginning of year	2019-12-31	$17,649
Liabilities. Value of acquisition indebtedness at beginning of year	2019-12-31	$17,649
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	GRANT THORNTON
Accountancy firm name	2019-12-31	GRANT THORNTON
Accountancy firm EIN	2019-12-31	366055558
Accountancy firm EIN	2019-12-31	366055558
2018 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2018-12-31	$-28,416,428
Total unrealized appreciation/depreciation of assets	2018-12-31	$-28,416,428
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$337,413
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$322,954
Total income from all sources (including contributions)	2018-12-31	$-2,248,188
Total loss/gain on sale of assets	2018-12-31	$5,618,303
Total of all expenses incurred	2018-12-31	$73,777,637
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$71,411,131
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$10,794,901
Value of total assets at end of year	2018-12-31	$333,789,758
Value of total assets at beginning of year	2018-12-31	$409,801,124
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$2,366,506
Total interest from all sources	2018-12-31	$6,918,999
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$2,481,752
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Administrative expenses professional fees incurred	2018-12-31	$293,632
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Assets. Other investments not covered elsewhere at end of year	2018-12-31	$9,779,594
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$11,174,558
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-12-31	$1,271,983
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-12-31	$1,405,386
Other income not declared elsewhere	2018-12-31	$354,285
Administrative expenses (other) incurred	2018-12-31	$1,033,843
Liabilities. Value of operating payables at end of year	2018-12-31	$319,764
Liabilities. Value of operating payables at beginning of year	2018-12-31	$321,554
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-76,025,825
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$333,452,345
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$409,478,170
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Assets. partnership/joint venture interests at end of year	2018-12-31	$67,148,054
Assets. partnership/joint venture interests at beginning of year	2018-12-31	$75,466,793
Investment advisory and management fees	2018-12-31	$1,039,031
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$77,923,948
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$92,084,967
Value of interest in pooled separate accounts at end of year	2018-12-31	$0
Interest earned on other investments	2018-12-31	$6,769,554
Value of interest in common/collective trusts at end of year	2018-12-31	$31,216,469
Value of interest in common/collective trusts at beginning of year	2018-12-31	$43,356,064
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$6,028,505
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$8,512,477
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$8,512,477
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$149,445
Asset value of US Government securities at end of year	2018-12-31	$5,335,955
Asset value of US Government securities at beginning of year	2018-12-31	$17,237,891
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$10,794,901
Income. Dividends from common stock	2018-12-31	$2,481,752
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$71,411,131
Asset. Corporate debt instrument debt (other) at end of year	2018-12-31	$108,556,451
Asset. Corporate debt instrument debt (other) at beginning of year	2018-12-31	$127,400,640
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2018-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2018-12-31	$26,528,799
Assets. Corporate common stocks other than exployer securities at beginning of year	2018-12-31	$33,162,348
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Aggregate proceeds on sale of assets	2018-12-31	$245,520,722
Aggregate carrying amount (costs) on sale of assets	2018-12-31	$239,902,419
Liabilities. Value of acquisition indebtedness at end of year	2018-12-31	$17,649
Liabilities. Value of acquisition indebtedness at beginning of year	2018-12-31	$1,400
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	GRANT THORNTON
Accountancy firm EIN	2018-12-31	366055558
2017 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$1,074,042
Total unrealized appreciation/depreciation of assets	2017-12-31	$1,074,042
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$322,954
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$1,115,514
Total income from all sources (including contributions)	2017-12-31	$68,457,904
Total loss/gain on sale of assets	2017-12-31	$40,026,533
Total of all expenses incurred	2017-12-31	$20,852,449
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$18,534,352
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$17,424,361
Value of total assets at end of year	2017-12-31	$409,801,124
Value of total assets at beginning of year	2017-12-31	$362,988,229
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$2,318,097
Total interest from all sources	2017-12-31	$6,736,618
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$3,192,913
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Administrative expenses professional fees incurred	2017-12-31	$279,600
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$11,174,558
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$13,978,881
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$1,405,386
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$551,448
Other income not declared elsewhere	2017-12-31	$3,437
Administrative expenses (other) incurred	2017-12-31	$910,011
Liabilities. Value of operating payables at end of year	2017-12-31	$321,554
Liabilities. Value of operating payables at beginning of year	2017-12-31	$1,043,765
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$47,605,455
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$409,478,170
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$361,872,715
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Assets. partnership/joint venture interests at end of year	2017-12-31	$75,466,793
Assets. partnership/joint venture interests at beginning of year	2017-12-31	$70,398,500
Investment advisory and management fees	2017-12-31	$1,128,486
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$92,084,967
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$82,153,577
Interest earned on other investments	2017-12-31	$6,674,083
Value of interest in common/collective trusts at end of year	2017-12-31	$43,356,064
Value of interest in common/collective trusts at beginning of year	2017-12-31	$73,488,768
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$8,512,477
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$3,074,270
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$3,074,270
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$62,535
Asset value of US Government securities at end of year	2017-12-31	$17,237,891
Asset value of US Government securities at beginning of year	2017-12-31	$35,363,272
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$17,424,361
Income. Dividends from common stock	2017-12-31	$3,192,913
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$18,534,352
Asset. Corporate debt instrument debt (other) at end of year	2017-12-31	$127,400,640
Asset. Corporate debt instrument debt (other) at beginning of year	2017-12-31	$42,434,625
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2017-12-31	$33,162,348
Assets. Corporate common stocks other than exployer securities at beginning of year	2017-12-31	$41,544,888
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$414,312,418
Aggregate carrying amount (costs) on sale of assets	2017-12-31	$374,285,885
Liabilities. Value of acquisition indebtedness at end of year	2017-12-31	$1,400
Liabilities. Value of acquisition indebtedness at beginning of year	2017-12-31	$71,749
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	KPMG LLP
Accountancy firm EIN	2017-12-31	135565207

Form 5500 Responses for THE ALBANY MEDICAL CENTER RETIREMENT PLAN

2022: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ALBANY MED HEALTH SYSTEM
Employer identification number (EIN):	141641730
NAIC Classification:	622000
NAIC Description:	Hospitals

Jurisdiction of Incorporation:	New York Department of State
Incorporation Date:	1982-10-08
Company Identification Number:	797561
Legal Registered Office Address:	ATTN: PRESIDENT 43 NEW SCOTLAND AVENUE ALBANY United States of America (USA) 12208