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RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 401k Plan overview

Plan NameRETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM
Plan identification number 002

RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

UPMC ALTOONA has sponsored the creation of one or more 401k plans.

Company Name:UPMC ALTOONA
Employer identification number (EIN):231352155
NAIC Classification:622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022012-07-01BETSY KREUZ BETSY KREUZ2014-04-15
0022011-07-01CHARLES ZORGER CHARLES ZORGER2013-04-15
0022009-07-01CHARLES ZORGER CHARLES ZORGER2011-04-15

Plan Statistics for RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM

401k plan membership statisitcs for RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM

Measure Date Value
2012: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2012 401k membership
Total participants, beginning-of-year2012-07-011,488
Total number of active participants reported on line 7a of the Form 55002012-07-010
Number of retired or separated participants receiving benefits2012-07-010
Number of other retired or separated participants entitled to future benefits2012-07-010
Total of all active and inactive participants2012-07-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-010
Total participants2012-07-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-07-018
2011: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2011 401k membership
Total participants, beginning-of-year2011-07-011,488
Total number of active participants reported on line 7a of the Form 55002011-07-01861
Number of retired or separated participants receiving benefits2011-07-01317
Number of other retired or separated participants entitled to future benefits2011-07-01268
Total of all active and inactive participants2011-07-011,446
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-0125
Total participants2011-07-011,471
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-07-0112
2009: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2009 401k membership
Total participants, beginning-of-year2009-07-011,545
Total number of active participants reported on line 7a of the Form 55002009-07-01986
Number of retired or separated participants receiving benefits2009-07-01259
Number of other retired or separated participants entitled to future benefits2009-07-01259
Total of all active and inactive participants2009-07-011,504
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-07-0117
Total participants2009-07-011,521
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-07-0121

Financial Data on RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM

Measure Date Value
2013 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-06-30$949,204
Total unrealized appreciation/depreciation of assets2013-06-30$949,204
Total transfer of assets from this plan2013-06-30$44,350,836
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-06-30$56,359
Total income from all sources (including contributions)2013-06-30$9,209,386
Total loss/gain on sale of assets2013-06-30$386,272
Total of all expenses incurred2013-06-30$3,346,168
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-06-30$2,825,443
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-06-30$5,502,454
Value of total assets at end of year2013-06-30$0
Value of total assets at beginning of year2013-06-30$38,543,977
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-06-30$520,725
Total interest from all sources2013-06-30$170,302
Total dividends received (eg from common stock, registered investment company shares)2013-06-30$549,097
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2013-06-30$399,912
Administrative expenses professional fees incurred2013-06-30$259,564
Was this plan covered by a fidelity bond2013-06-30Yes
Value of fidelity bond cover2013-06-30$2,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-06-30$0
Were there any nonexempt tranactions with any party-in-interest2013-06-30No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-06-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-06-30$73,732
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-06-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-06-30$39,961
Other income not declared elsewhere2013-06-30$554
Administrative expenses (other) incurred2013-06-30$185,248
Liabilities. Value of operating payables at end of year2013-06-30$0
Liabilities. Value of operating payables at beginning of year2013-06-30$16,398
Total non interest bearing cash at end of year2013-06-30$0
Total non interest bearing cash at beginning of year2013-06-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Value of net income/loss2013-06-30$5,863,218
Value of net assets at end of year (total assets less liabilities)2013-06-30$0
Value of net assets at beginning of year (total assets less liabilities)2013-06-30$38,487,618
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2013-06-30No
Were any leases to which the plan was party in default or uncollectible2013-06-30No
Investment advisory and management fees2013-06-30$75,913
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-06-30$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-06-30$16,710,329
Income. Interest from US Government securities2013-06-30$84,980
Income. Interest from corporate debt instruments2013-06-30$85,137
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-06-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-06-30$2,608,728
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-06-30$2,608,728
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-06-30$185
Asset value of US Government securities at end of year2013-06-30$0
Asset value of US Government securities at beginning of year2013-06-30$2,873,690
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-06-30$1,651,503
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-06-30Yes
Was there a failure to transmit to the plan any participant contributions2013-06-30No
Has the plan failed to provide any benefit when due under the plan2013-06-30No
Contributions received in cash from employer2013-06-30$5,502,454
Employer contributions (assets) at end of year2013-06-30$0
Employer contributions (assets) at beginning of year2013-06-30$4,500,000
Income. Dividends from common stock2013-06-30$149,185
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-06-30$2,825,443
Asset. Corporate debt instrument preferred debt at end of year2013-06-30$0
Asset. Corporate debt instrument preferred debt at beginning of year2013-06-30$4,018,202
Assets. Corporate common stocks other than exployer securities at end of year2013-06-30$0
Assets. Corporate common stocks other than exployer securities at beginning of year2013-06-30$7,759,296
Did the plan have assets held for investment2013-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-06-30Yes
Aggregate proceeds on sale of assets2013-06-30$21,295,337
Aggregate carrying amount (costs) on sale of assets2013-06-30$20,909,065
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-06-30Yes
Opinion of an independent qualified public accountant for this plan2013-06-30Disclaimer
Accountancy firm name2013-06-30BKD,LLP
Accountancy firm EIN2013-06-30440160260
2012 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-06-30$117,609
Total unrealized appreciation/depreciation of assets2012-06-30$117,609
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$85,758
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-06-30$0
Total income from all sources (including contributions)2012-06-30$5,634,153
Total loss/gain on sale of assets2012-06-30$-206,029
Total of all expenses incurred2012-06-30$2,504,959
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-06-30$2,181,962
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-06-30$5,250,000
Value of total assets at end of year2012-06-30$38,573,376
Value of total assets at beginning of year2012-06-30$35,358,424
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-06-30$322,997
Total interest from all sources2012-06-30$228,182
Total dividends received (eg from common stock, registered investment company shares)2012-06-30$548,689
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2012-06-30$419,863
Administrative expenses professional fees incurred2012-06-30$139,399
Was this plan covered by a fidelity bond2012-06-30Yes
Value of fidelity bond cover2012-06-30$2,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-06-30$0
Were there any nonexempt tranactions with any party-in-interest2012-06-30No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-06-30$73,732
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-06-30$68,521
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-06-30$69,360
Other income not declared elsewhere2012-06-30$1,633
Administrative expenses (other) incurred2012-06-30$70,308
Liabilities. Value of operating payables at end of year2012-06-30$16,398
Total non interest bearing cash at end of year2012-06-30$0
Total non interest bearing cash at beginning of year2012-06-30$47,279
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Value of net income/loss2012-06-30$3,129,194
Value of net assets at end of year (total assets less liabilities)2012-06-30$38,487,618
Value of net assets at beginning of year (total assets less liabilities)2012-06-30$35,358,424
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2012-06-30No
Were any leases to which the plan was party in default or uncollectible2012-06-30No
Investment advisory and management fees2012-06-30$113,290
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-06-30$16,710,329
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-06-30$14,961,041
Income. Interest from US Government securities2012-06-30$101,738
Income. Interest from corporate debt instruments2012-06-30$126,052
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-06-30$2,638,127
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-06-30$3,135,791
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-06-30$3,135,791
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-06-30$392
Asset value of US Government securities at end of year2012-06-30$2,873,690
Asset value of US Government securities at beginning of year2012-06-30$3,004,963
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-06-30$-305,931
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-06-30Yes
Was there a failure to transmit to the plan any participant contributions2012-06-30No
Has the plan failed to provide any benefit when due under the plan2012-06-30No
Contributions received in cash from employer2012-06-30$5,250,000
Employer contributions (assets) at end of year2012-06-30$4,500,000
Employer contributions (assets) at beginning of year2012-06-30$3,212,500
Income. Dividends from common stock2012-06-30$128,826
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-06-30$2,181,962
Asset. Corporate debt instrument preferred debt at end of year2012-06-30$4,018,202
Asset. Corporate debt instrument preferred debt at beginning of year2012-06-30$3,132,789
Assets. Corporate common stocks other than exployer securities at end of year2012-06-30$7,759,296
Assets. Corporate common stocks other than exployer securities at beginning of year2012-06-30$7,795,540
Did the plan have assets held for investment2012-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-06-30No
Aggregate proceeds on sale of assets2012-06-30$4,341,157
Aggregate carrying amount (costs) on sale of assets2012-06-30$4,547,186
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-06-30Yes
Opinion of an independent qualified public accountant for this plan2012-06-30Disclaimer
Accountancy firm name2012-06-30BKD,LLP
Accountancy firm EIN2012-06-30440160260
2011 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-06-30$981,508
Total unrealized appreciation/depreciation of assets2011-06-30$981,508
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-06-30$0
Total income from all sources (including contributions)2011-06-30$8,179,400
Total loss/gain on sale of assets2011-06-30$939,946
Total of all expenses incurred2011-06-30$2,173,292
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-06-30$1,753,206
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-06-30$3,212,500
Value of total assets at end of year2011-06-30$35,358,424
Value of total assets at beginning of year2011-06-30$29,352,316
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-06-30$420,086
Total interest from all sources2011-06-30$245,260
Total dividends received (eg from common stock, registered investment company shares)2011-06-30$458,514
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2011-06-30$348,378
Administrative expenses professional fees incurred2011-06-30$151,114
Was this plan covered by a fidelity bond2011-06-30Yes
Value of fidelity bond cover2011-06-30$2,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-06-30$0
Were there any nonexempt tranactions with any party-in-interest2011-06-30No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-06-30$68,521
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-06-30$75,843
Other income not declared elsewhere2011-06-30$1,415
Administrative expenses (other) incurred2011-06-30$123,359
Total non interest bearing cash at end of year2011-06-30$47,279
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Value of net income/loss2011-06-30$6,006,108
Value of net assets at end of year (total assets less liabilities)2011-06-30$35,358,424
Value of net assets at beginning of year (total assets less liabilities)2011-06-30$29,352,316
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2011-06-30No
Were any leases to which the plan was party in default or uncollectible2011-06-30No
Investment advisory and management fees2011-06-30$145,613
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-06-30$14,961,041
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-06-30$11,624,958
Income. Interest from US Government securities2011-06-30$117,170
Income. Interest from corporate debt instruments2011-06-30$127,598
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-06-30$3,135,791
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-06-30$2,245,472
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-06-30$2,245,472
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-06-30$492
Asset value of US Government securities at end of year2011-06-30$3,004,963
Asset value of US Government securities at beginning of year2011-06-30$3,415,631
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-06-30$2,340,257
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-06-30Yes
Was there a failure to transmit to the plan any participant contributions2011-06-30No
Has the plan failed to provide any benefit when due under the plan2011-06-30No
Contributions received in cash from employer2011-06-30$3,212,500
Employer contributions (assets) at end of year2011-06-30$3,212,500
Employer contributions (assets) at beginning of year2011-06-30$2,700,000
Income. Dividends from common stock2011-06-30$110,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-06-30$1,753,206
Asset. Corporate debt instrument preferred debt at end of year2011-06-30$3,132,789
Asset. Corporate debt instrument preferred debt at beginning of year2011-06-30$3,179,993
Assets. Corporate common stocks other than exployer securities at end of year2011-06-30$7,795,540
Assets. Corporate common stocks other than exployer securities at beginning of year2011-06-30$6,110,419
Did the plan have assets held for investment2011-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-06-30No
Aggregate proceeds on sale of assets2011-06-30$10,147,723
Aggregate carrying amount (costs) on sale of assets2011-06-30$9,207,777
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-06-30Yes
Opinion of an independent qualified public accountant for this plan2011-06-30Disclaimer
Accountancy firm name2011-06-30BKD,LLP
Accountancy firm EIN2011-06-30440160260
2010 : RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-06-30$0

Form 5500 Responses for RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM

2012: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingYes
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planYes
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement - TrustYes
2011: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planYes
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement - TrustYes
2009: RETIREMENT PLAN FOR BARGAINING UNIT EMPLOYEES OF THE ALTOONA REGIONAL HEALTH SYSTEM 2009 form 5500 responses
2009-07-01Type of plan entitySingle employer plan
2009-07-01Submission has been amendedNo
2009-07-01This submission is the final filingNo
2009-07-01This return/report is a short plan year return/report (less than 12 months)No
2009-07-01Plan is a collectively bargained planYes
2009-07-01Plan funding arrangement – TrustYes
2009-07-01Plan benefit arrangement - TrustYes

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