UNIVERSITY OF MINNESOTA PHYSICIANS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN
| Measure | Date | Value |
|---|
| 2016 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-07-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-07-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-07-31 | $0 |
| Total income from all sources (including contributions) | 2016-07-31 | $0 |
| Total loss/gain on sale of assets | 2016-07-31 | $0 |
| Total of all expenses incurred | 2016-07-31 | $727,584 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-07-31 | $727,584 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-07-31 | $0 |
| Value of total assets at end of year | 2016-07-31 | $0 |
| Value of total assets at beginning of year | 2016-07-31 | $727,584 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-07-31 | $0 |
| Total interest from all sources | 2016-07-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-07-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-07-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2016-07-31 | $634,416 |
| Was this plan covered by a fidelity bond | 2016-07-31 | Yes |
| Value of fidelity bond cover | 2016-07-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-07-31 | No |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-07-31 | $634,416 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-07-31 | No |
| Value of net income/loss | 2016-07-31 | $-727,584 |
| Value of net assets at end of year (total assets less liabilities) | 2016-07-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-07-31 | $727,584 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-07-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-07-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-07-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-07-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-07-31 | $727,584 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-07-31 | $727,584 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-07-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-07-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-07-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-07-31 | $93,168 |
| Did the plan have assets held for investment | 2016-07-31 | 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 | 2016-07-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-07-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-07-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-07-31 | Unqualified |
| Accountancy firm name | 2016-07-31 | KPMG LLP |
| Accountancy firm EIN | 2016-07-31 | 135565207 |
| 2015 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-229 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-229 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $3,301 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $481,098 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $454,884 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $0 |
| Value of total assets at end of year | 2015-12-31 | $727,584 |
| Value of total assets at beginning of year | 2015-12-31 | $1,205,381 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $26,214 |
| Total interest from all sources | 2015-12-31 | $3,530 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $26,214 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | 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 | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-477,797 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $727,584 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $1,205,381 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $727,584 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $1,201,838 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $1,201,838 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $3,530 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $454,884 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $3,543 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | KPMG LLP |
| Accountancy firm EIN | 2015-12-31 | 135565207 |
| 2014 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $-237 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $-237 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $5,013 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $834,065 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $806,211 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $0 |
| Value of total assets at end of year | 2014-12-31 | $1,205,381 |
| Value of total assets at beginning of year | 2014-12-31 | $2,034,433 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $27,854 |
| Total interest from all sources | 2014-12-31 | $5,250 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $27,854 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | 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 | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $-829,052 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $1,205,381 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $2,034,433 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $1,201,838 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $1,924,650 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $1,924,650 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $5,250 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Employer contributions (assets) at end of year | 2014-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $107,350 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $806,211 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $3,543 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $2,433 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | KPMG LLP |
| Accountancy firm EIN | 2014-12-31 | 135565207 |
| 2013 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $1,237,574 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $1,243,767 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,218,697 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,230,192 |
| Value of total assets at end of year | 2013-12-31 | $2,034,433 |
| Value of total assets at beginning of year | 2013-12-31 | $2,040,626 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $25,070 |
| Total interest from all sources | 2013-12-31 | $7,382 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Administrative expenses professional fees incurred | 2013-12-31 | $25,070 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | 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 | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $-6,193 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $2,034,433 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $2,040,626 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Interest earned on other investments | 2013-12-31 | $208 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $1,924,650 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $2,040,626 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $2,040,626 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $7,174 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $1,230,192 |
| Employer contributions (assets) at end of year | 2013-12-31 | $107,350 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,218,697 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $2,433 |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
| Accountancy firm name | 2013-12-31 | KPMG LLP |
| Accountancy firm EIN | 2013-12-31 | 135565207 |
| 2012 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2012 401k financial data |
|---|
| Total income from all sources (including contributions) | 2012-12-31 | $1,181,917 |
| Total of all expenses incurred | 2012-12-31 | $796,063 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $774,798 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,181,917 |
| Value of total assets at end of year | 2012-12-31 | $2,040,626 |
| Value of total assets at beginning of year | 2012-12-31 | $1,654,772 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $21,265 |
| Total interest from all sources | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $21,265 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | 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 | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $385,854 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $2,040,626 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $1,654,772 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $2,040,626 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $1,654,772 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $1,654,772 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $1,181,917 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $774,798 |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | KPMG LLP |
| Accountancy firm EIN | 2012-12-31 | 135565207 |
| 2011 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2011 401k financial data |
|---|
| Total income from all sources (including contributions) | 2011-12-31 | $794,605 |
| Total of all expenses incurred | 2011-12-31 | $647,412 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $645,852 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $794,605 |
| Value of total assets at end of year | 2011-12-31 | $1,654,772 |
| Value of total assets at beginning of year | 2011-12-31 | $1,507,579 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,560 |
| Total interest from all sources | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $1,560 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | 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 | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $147,193 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $1,654,772 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,507,579 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $1,654,772 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $1,507,579 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $1,507,579 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $794,605 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $645,852 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | KPMG LLP |
| Accountancy firm EIN | 2011-12-31 | 135565207 |
| 2010 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $825,043 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $627,613 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $626,253 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $825,009 |
| Value of total assets at end of year | 2010-12-31 | $1,507,579 |
| Value of total assets at beginning of year | 2010-12-31 | $1,310,149 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,360 |
| Total interest from all sources | 2010-12-31 | $34 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $1,360 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | 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 | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $197,430 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,507,579 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,310,149 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $1,507,579 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $1,246,199 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $1,246,199 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $34 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $825,009 |
| Employer contributions (assets) at end of year | 2010-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $63,950 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $626,253 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2010-12-31 | 410746749 |
| 2008 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2008 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2008-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2008-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2008-12-31 | $0 |
| Total income from all sources (including contributions) | 2008-12-31 | $823,268 |
| Total loss/gain on sale of assets | 2008-12-31 | $0 |
| Total of all expenses incurred | 2008-12-31 | $530,806 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2008-12-31 | $529,968 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2008-12-31 | $801,876 |
| Value of total assets at end of year | 2008-12-31 | $1,040,797 |
| Value of total assets at beginning of year | 2008-12-31 | $748,335 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2008-12-31 | $838 |
| Total interest from all sources | 2008-12-31 | $21,392 |
| Total dividends received (eg from common stock, registered investment company shares) | 2008-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2008-12-31 | No |
| Was this plan covered by a fidelity bond | 2008-12-31 | Yes |
| Value of fidelity bond cover | 2008-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2008-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2008-12-31 | $1,313 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2008-12-31 | $2,686 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2008-12-31 | No |
| Value of net income/loss | 2008-12-31 | $292,462 |
| Value of net assets at end of year (total assets less liabilities) | 2008-12-31 | $1,040,797 |
| Value of net assets at beginning of year (total assets less liabilities) | 2008-12-31 | $748,335 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2008-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2008-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2008-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2008-12-31 | $980,691 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2008-12-31 | $745,649 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2008-12-31 | $745,649 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2008-12-31 | $21,392 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2008-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2008-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2008-12-31 | No |
| Contributions received in cash from employer | 2008-12-31 | $801,876 |
| Employer contributions (assets) at end of year | 2008-12-31 | $58,793 |
| Employer contributions (assets) at beginning of year | 2008-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2008-12-31 | $529,968 |
| Contract administrator fees | 2008-12-31 | $838 |
| Did the plan have assets held for investment | 2008-12-31 | 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 | 2008-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2008-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2008-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2008-12-31 | Unqualified |
| Accountancy firm name | 2008-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2008-12-31 | 410746749 |
| 2007 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2007 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2007-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2007-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2007-12-31 | $338,000 |
| Total income from all sources (including contributions) | 2007-12-31 | $1,056,622 |
| Total loss/gain on sale of assets | 2007-12-31 | $0 |
| Total of all expenses incurred | 2007-12-31 | $376,260 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2007-12-31 | $375,780 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2007-12-31 | $1,028,598 |
| Value of total assets at end of year | 2007-12-31 | $748,335 |
| Value of total assets at beginning of year | 2007-12-31 | $405,973 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2007-12-31 | $480 |
| Total interest from all sources | 2007-12-31 | $28,024 |
| Total dividends received (eg from common stock, registered investment company shares) | 2007-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2007-12-31 | No |
| Administrative expenses professional fees incurred | 2007-12-31 | $480 |
| Was this plan covered by a fidelity bond | 2007-12-31 | Yes |
| Value of fidelity bond cover | 2007-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2007-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2007-12-31 | $2,686 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2007-12-31 | $244 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2007-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2007-12-31 | $338,000 |
| Total non interest bearing cash at end of year | 2007-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2007-12-31 | $338,000 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2007-12-31 | No |
| Value of net income/loss | 2007-12-31 | $680,362 |
| Value of net assets at end of year (total assets less liabilities) | 2007-12-31 | $748,335 |
| Value of net assets at beginning of year (total assets less liabilities) | 2007-12-31 | $67,973 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2007-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2007-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2007-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2007-12-31 | $745,649 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2007-12-31 | $67,729 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2007-12-31 | $67,729 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2007-12-31 | $28,024 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2007-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2007-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2007-12-31 | No |
| Contributions received in cash from employer | 2007-12-31 | $1,028,598 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2007-12-31 | $375,780 |
| Did the plan have assets held for investment | 2007-12-31 | 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 | 2007-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2007-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2007-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2007-12-31 | Unqualified |
| Accountancy firm name | 2007-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2007-12-31 | 410746749 |
| 2006 : UNIVERSITY OF MINNESOTA PHYSICIANS VEBA HEALTH REIMBURSEMENT PLAN 2006 401k financial data |
|---|
| Total plan liabilities at end of year | 2006-12-31 | $338,000 |
| Total plan liabilities at beginning of year | 2006-12-31 | $0 |
| Total income from all sources | 2006-12-31 | $91,688 |
| Expenses. Total of all expenses incurred | 2006-12-31 | $23,715 |
| Benefits paid (including direct rollovers) | 2006-12-31 | $23,512 |
| Total plan assets at end of year | 2006-12-31 | $405,973 |
| Total plan assets at beginning of year | 2006-12-31 | $0 |
| Value of fidelity bond covering the plan | 2006-12-31 | $1,000,000 |
| Other income received | 2006-12-31 | $1,979 |
| Net income (gross income less expenses) | 2006-12-31 | $67,973 |
| Net plan assets at end of year (total assets less liabilities) | 2006-12-31 | $67,973 |
| Net plan assets at beginning of year (total assets less liabilities) | 2006-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2006-12-31 | $89,709 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2006-12-31 | $203 |
