BANNER HEALTH has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BANNER HEALTH RETIREMENT INCOME PLAN
| Measure | Date | Value |
|---|
| 2017: BANNER HEALTH RETIREMENT INCOME PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 53,172,594 |
| Acturial value of plan assets | 2017-12-31 | 55,955,787 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 40,597,668 |
| Number of terminated vested participants | 2017-12-31 | 714 |
| Fundng target for terminated vested participants | 2017-12-31 | 11,043,067 |
| Active participant vested funding target | 2017-12-31 | 8,251,844 |
| Number of active participants | 2017-12-31 | 876 |
| Total funding liabilities for active participants | 2017-12-31 | 8,406,265 |
| Total participant count | 2017-12-31 | 2,593 |
| Total funding target for all participants | 2017-12-31 | 60,047,000 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 358,275 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 358,275 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 0 |
| Present value of excess contributions | 2017-12-31 | 602,235 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 626,779 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 626,779 |
| Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 626,779 |
| Total employer contributions | 2017-12-31 | 1,960,000 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 1,809,957 |
| Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 1,179,437 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 4,717,992 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 1,975,705 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 626,779 |
| Additional cash requirement | 2017-12-31 | 1,348,926 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 1,809,957 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 2,594 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 741 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 890 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 603 |
| Total of all active and inactive participants | 2017-01-01 | 2,234 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 229 |
| Total participants | 2017-01-01 | 2,463 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
| 2016: BANNER HEALTH RETIREMENT INCOME PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 57,387,582 |
| Acturial value of plan assets | 2016-12-31 | 60,987,251 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 41,124,249 |
| Number of terminated vested participants | 2016-12-31 | 743 |
| Fundng target for terminated vested participants | 2016-12-31 | 11,147,094 |
| Active participant vested funding target | 2016-12-31 | 9,218,585 |
| Number of active participants | 2016-12-31 | 953 |
| Total funding liabilities for active participants | 2016-12-31 | 9,464,939 |
| Total participant count | 2016-12-31 | 2,702 |
| Total funding target for all participants | 2016-12-31 | 61,736,282 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 1,209,531 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 850,394 |
| Amount remaining of carryover balance | 2016-12-31 | 0 |
| Amount remaining of prefunding balance | 2016-12-31 | 359,137 |
| Present value of excess contributions | 2016-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 358,275 |
| Total employer contributions | 2016-12-31 | 1,560,000 |
| Total employee contributions | 2016-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 1,446,071 |
| Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2016-12-31 | 1,019,158 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 1,107,306 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 1,202,111 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 358,275 |
| Additional cash requirement | 2016-12-31 | 843,836 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 1,446,071 |
| Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
| Total participants, beginning-of-year | 2016-01-01 | 2,702 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 876 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 907 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 585 |
| Total of all active and inactive participants | 2016-01-01 | 2,368 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 226 |
| Total participants | 2016-01-01 | 2,594 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2017 : BANNER HEALTH RETIREMENT INCOME PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $86,270 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $188,521 |
| Total income from all sources (including contributions) | 2017-12-31 | $9,253,839 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $6,919,239 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $5,694,391 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,960,000 |
| Value of total assets at end of year | 2017-12-31 | $55,500,151 |
| Value of total assets at beginning of year | 2017-12-31 | $53,267,802 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,224,848 |
| Total interest from all sources | 2017-12-31 | $-330 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $624,466 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $624,466 |
| Administrative expenses professional fees incurred | 2017-12-31 | $35,726 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $15,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| 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 | $13,523,217 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $5,013,632 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $38,232 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $37,418 |
| Other income not declared elsewhere | 2017-12-31 | $1,445,017 |
| Administrative expenses (other) incurred | 2017-12-31 | $1,140,199 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $86,270 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $188,521 |
| Total non interest bearing cash at end of year | 2017-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $1,300,000 |
| 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 | $2,334,600 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $55,413,881 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $53,079,281 |
| 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 |
| Investment advisory and management fees | 2017-12-31 | $48,923 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $26,088,814 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $32,705,391 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $14,199,888 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $12,651,361 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $-330 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $2,577,046 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $2,647,640 |
| 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 | $1,960,000 |
| Employer contributions (assets) at end of year | 2017-12-31 | $1,650,000 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $1,560,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $5,694,391 |
| 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 |
| 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 | MOSS ADAMS |
| Accountancy firm EIN | 2017-12-31 | 910189318 |
| 2016 : BANNER HEALTH RETIREMENT INCOME PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $188,521 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $591,486 |
| Total income from all sources (including contributions) | 2016-12-31 | $3,695,585 |
| Total loss/gain on sale of assets | 2016-12-31 | $3,907 |
| Total of all expenses incurred | 2016-12-31 | $7,335,974 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $6,247,114 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,560,000 |
| Value of total assets at end of year | 2016-12-31 | $53,267,802 |
| Value of total assets at beginning of year | 2016-12-31 | $57,311,156 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,088,860 |
| Total interest from all sources | 2016-12-31 | $-139 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $674,385 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $674,385 |
| Administrative expenses professional fees incurred | 2016-12-31 | $77,551 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $15,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $5,013,632 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $12,885,675 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $37,418 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $45,682 |
| Other income not declared elsewhere | 2016-12-31 | $210,966 |
| Administrative expenses (other) incurred | 2016-12-31 | $967,134 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $188,521 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $591,486 |
| Total non interest bearing cash at end of year | 2016-12-31 | $1,300,000 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $-3,640,389 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $53,079,281 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $56,719,670 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $44,175 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $32,705,391 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $32,205,365 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $12,651,361 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $12,174,434 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $-139 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $317,723 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $928,743 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $1,560,000 |
| Employer contributions (assets) at end of year | 2016-12-31 | $1,560,000 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $6,247,114 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $3,907 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2016-12-31 | 910189318 |