CONCORD HOSPITAL, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA
401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA
Measure | Date | Value |
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2022: RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA 2022 401k membership |
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Market value of plan assets | 2022-12-31 | 71,504,938 |
Acturial value of plan assets | 2022-12-31 | 67,528,127 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 12,093,483 |
Number of terminated vested participants | 2022-12-31 | 945 |
Fundng target for terminated vested participants | 2022-12-31 | 21,668,197 |
Active participant vested funding target | 2022-12-31 | 23,400,253 |
Number of active participants | 2022-12-31 | 906 |
Total funding liabilities for active participants | 2022-12-31 | 23,400,253 |
Total participant count | 2022-12-31 | 2,053 |
Total funding target for all participants | 2022-12-31 | 57,161,933 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 0 |
Present value of excess contributions | 2022-12-31 | 5,681,814 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 5,994,314 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 0 |
Total employer contributions | 2022-12-31 | 12,000,000 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 11,258,903 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 2,141,820 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 11,258,903 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 1,864 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 3,425 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 492 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 2,211 |
Total of all active and inactive participants | 2022-01-01 | 6,128 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 48 |
Total participants | 2022-01-01 | 6,176 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 9 |
2021: RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA 2021 401k membership |
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Market value of plan assets | 2021-12-31 | 65,498,363 |
Acturial value of plan assets | 2021-12-31 | 59,732,430 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 11,017,260 |
Number of terminated vested participants | 2021-12-31 | 942 |
Fundng target for terminated vested participants | 2021-12-31 | 21,551,855 |
Active participant vested funding target | 2021-12-31 | 24,552,809 |
Number of active participants | 2021-12-31 | 878 |
Total funding liabilities for active participants | 2021-12-31 | 24,552,809 |
Total participant count | 2021-12-31 | 1,983 |
Total funding target for all participants | 2021-12-31 | 57,121,924 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 4,472,959 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 6,936,725 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 1,981,155 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 2,491,804 |
Amount remaining of prefunding balance | 2021-12-31 | 6,936,725 |
Present value of excess contributions | 2021-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 3,014,834 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 8,392,744 |
Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
Balance of prefunding at beginning of current year | 2021-12-31 | 0 |
Total employer contributions | 2021-12-31 | 6,200,000 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 5,681,814 |
Liquidity shortfalls end of Q1 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2021-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2021-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 2,610,506 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 5,681,814 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 1,986 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 721 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 167 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 943 |
Total of all active and inactive participants | 2021-01-01 | 1,831 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 33 |
Total participants | 2021-01-01 | 1,864 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA 2020 401k membership |
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Market value of plan assets | 2020-12-31 | 57,668,341 |
Acturial value of plan assets | 2020-12-31 | 58,470,827 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 10,940,495 |
Number of terminated vested participants | 2020-12-31 | 879 |
Fundng target for terminated vested participants | 2020-12-31 | 20,738,493 |
Active participant vested funding target | 2020-12-31 | 27,147,440 |
Number of active participants | 2020-12-31 | 1,065 |
Total funding liabilities for active participants | 2020-12-31 | 27,147,440 |
Total participant count | 2020-12-31 | 2,110 |
Total funding target for all participants | 2020-12-31 | 58,826,428 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 6,466,596 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 6,641,192 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 2,003,659 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
Amount remaining of carryover balance | 2020-12-31 | 4,462,937 |
Amount remaining of prefunding balance | 2020-12-31 | 6,641,192 |
Present value of excess contributions | 2020-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 188,579 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 4,472,959 |
Balance of prefunding at beginning of current year | 2020-12-31 | 6,936,725 |
Total employer contributions | 2020-12-31 | 2,981,832 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 2,732,398 |
Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 2,807,924 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 11,765,285 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 4,713,553 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 1,981,155 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 2,732,398 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 2,732,398 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 2,108 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 878 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 153 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 931 |
Total of all active and inactive participants | 2020-01-01 | 1,962 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 24 |
Total participants | 2020-01-01 | 1,986 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
Measure | Date | Value |
---|
2022 : RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA 2022 401k financial data |
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Unrealized appreciation/depreciation of real estate assets | 2022-12-31 | $-181,958 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-181,958 |
Total transfer of assets to this plan | 2022-12-31 | $275,777,537 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $67,312 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $806,525 |
Total income from all sources (including contributions) | 2022-12-31 | $2,260,560 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $5,508,820 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $5,022,696 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $12,000,000 |
Value of total assets at end of year | 2022-12-31 | $343,295,002 |
Value of total assets at beginning of year | 2022-12-31 | $71,504,938 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $486,124 |
Total interest from all sources | 2022-12-31 | $18,952 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,349,533 |
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 | $1,349,533 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
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 | $275,847,279 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $67,312 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $806,525 |
Administrative expenses (other) incurred | 2022-12-31 | $68,569 |
Total non interest bearing cash at end of year | 2022-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $608,273 |
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 | $-3,248,260 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $343,227,690 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $70,698,413 |
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 |
Investment advisory and management fees | 2022-12-31 | $401,759 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $54,647,478 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $64,696,665 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $800,245 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $18,952 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-10,925,967 |
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 |
Contributions received in cash from employer | 2022-12-31 | $12,000,000 |
Employer contributions (assets) at end of year | 2022-12-31 | $12,000,000 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $6,200,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $5,022,696 |
Contract administrator fees | 2022-12-31 | $15,796 |
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 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | BAKER NEWMAN NOYES |
Accountancy firm EIN | 2022-12-31 | 010494526 |
2021 : RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $806,525 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $91,800 |
Total income from all sources (including contributions) | 2021-12-31 | $11,475,420 |
Total loss/gain on sale of assets | 2021-12-31 | $713,025 |
Total of all expenses incurred | 2021-12-31 | $6,183,570 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $5,216,394 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $6,200,000 |
Value of total assets at end of year | 2021-12-31 | $71,504,938 |
Value of total assets at beginning of year | 2021-12-31 | $65,498,363 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $967,176 |
Total income from rents | 2021-12-31 | $2 |
Total interest from all sources | 2021-12-31 | $864,910 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $658,949 |
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 | $658,949 |
Administrative expenses professional fees incurred | 2021-12-31 | $0 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $806,525 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $91,800 |
Other income not declared elsewhere | 2021-12-31 | $0 |
Administrative expenses (other) incurred | 2021-12-31 | $939,258 |
Total non interest bearing cash at end of year | 2021-12-31 | $608,273 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $205,016 |
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 | $5,291,850 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $70,698,413 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $65,406,563 |
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 |
Investment advisory and management fees | 2021-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $64,696,665 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $62,311,515 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $864,910 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $3,038,534 |
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 |
Contributions received in cash from employer | 2021-12-31 | $6,200,000 |
Employer contributions (assets) at end of year | 2021-12-31 | $6,200,000 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $2,981,832 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $5,216,394 |
Contract administrator fees | 2021-12-31 | $27,918 |
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 | $713,025 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | BAKER NEWMAN NOYES |
Accountancy firm EIN | 2021-12-31 | 010494526 |
2020 : RETIREMENT PLAN FOR EMPLOYEES OF CONCORD HOSPITAL - LACONIA 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $91,800 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $22,952 |
Total income from all sources (including contributions) | 2020-12-31 | $14,427,133 |
Total loss/gain on sale of assets | 2020-12-31 | $687,673 |
Total of all expenses incurred | 2020-12-31 | $6,665,958 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $5,564,095 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,981,832 |
Value of total assets at end of year | 2020-12-31 | $65,498,363 |
Value of total assets at beginning of year | 2020-12-31 | $57,668,340 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,101,863 |
Total interest from all sources | 2020-12-31 | $1,031,562 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $471,103 |
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 | $471,103 |
Administrative expenses professional fees incurred | 2020-12-31 | $0 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $91,800 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $22,952 |
Other income not declared elsewhere | 2020-12-31 | $-207,851 |
Administrative expenses (other) incurred | 2020-12-31 | $1,075,247 |
Total non interest bearing cash at end of year | 2020-12-31 | $205,016 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $281,485 |
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 | $7,761,175 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $65,406,563 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $57,645,388 |
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 |
Investment advisory and management fees | 2020-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $62,311,515 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $25,829,677 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $31,557,178 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $31,557,178 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $1,031,562 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $9,462,814 |
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 | $2,981,832 |
Employer contributions (assets) at end of year | 2020-12-31 | $2,981,832 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $5,564,095 |
Contract administrator fees | 2020-12-31 | $26,616 |
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 | $687,673 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | BAKER NEWMAN NOYES |
Accountancy firm EIN | 2020-12-31 | 010494526 |