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Plan Name | PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN |
Plan identification number | 004 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
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Company Name: | PIEDMONT HEALTHCARE, INC. |
Employer identification number (EIN): | 581503902 |
NAIC Classification: | 622000 |
NAIC Description: | Hospitals |
Additional information about PIEDMONT HEALTHCARE, INC.
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 2015-08-12 |
Company Identification Number: | 0794793 |
Legal Registered Office Address: |
121 MALL DRIVE DANVILLE United States of America (USA) 24540 |
More information about PIEDMONT HEALTHCARE, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
004 | 2021-07-01 | VICKI CANSLER | 2023-04-13 | ||
004 | 2020-07-01 | VICKI CANSLER | 2022-04-13 | ||
004 | 2019-07-01 | VICKI CANSLER | 2021-04-14 |
Measure | Date | Value |
---|---|---|
2022: PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2022 401k membership | ||
Market value of plan assets | 2022-06-30 | 542,143,477 |
Acturial value of plan assets | 2022-06-30 | 505,176,699 |
Funding target for retired participants and beneficiaries receiving payment | 2022-06-30 | 216,689,473 |
Number of terminated vested participants | 2022-06-30 | 1,197 |
Fundng target for terminated vested participants | 2022-06-30 | 61,945,134 |
Active participant vested funding target | 2022-06-30 | 152,151,157 |
Number of active participants | 2022-06-30 | 1,743 |
Total funding liabilities for active participants | 2022-06-30 | 153,082,998 |
Total participant count | 2022-06-30 | 4,582 |
Total funding target for all participants | 2022-06-30 | 431,717,605 |
Balance at beginning of prior year after applicable adjustments | 2022-06-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-06-30 | 19,637,453 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-06-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-06-30 | 0 |
Amount remaining of carryover balance | 2022-06-30 | 0 |
Amount remaining of prefunding balance | 2022-06-30 | 19,637,453 |
Present value of excess contributions | 2022-06-30 | 18,304,257 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-06-30 | 19,290,856 |
Reductions in caryover balances due to elections or deemed elections | 2022-06-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-06-30 | 0 |
Balance of carryovers at beginning of current year | 2022-06-30 | 0 |
Balance of prefunding at beginning of current year | 2022-06-30 | 22,359,204 |
Total employer contributions | 2022-06-30 | 0 |
Total employee contributions | 2022-06-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-06-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-06-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-06-30 | 0 |
Unpaid minimum required contributions for all prior years | 2022-06-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-06-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-06-30 | 0 |
Minimum required contributions for current year target normal cost | 2022-06-30 | 2,800,000 |
Net shortfall amortization installment of oustanding balance | 2022-06-30 | 0 |
Waiver amortization installment | 2022-06-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-06-30 | 0 |
Additional cash requirement | 2022-06-30 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-06-30 | 0 |
Unpaid minimum required contributions for current year | 2022-06-30 | 0 |
Unpaid minimum required contributions for all years | 2022-06-30 | 0 |
2021: PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-07-01 | 4,582 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-07-01 | 1,572 |
Number of retired or separated participants receiving benefits | 2021-07-01 | 1,680 |
Number of other retired or separated participants entitled to future benefits | 2021-07-01 | 1,089 |
Total of all active and inactive participants | 2021-07-01 | 4,341 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-07-01 | 184 |
Total participants | 2021-07-01 | 4,525 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-07-01 | 1 |
Market value of plan assets | 2021-06-30 | 482,348,108 |
Acturial value of plan assets | 2021-06-30 | 462,100,705 |
Funding target for retired participants and beneficiaries receiving payment | 2021-06-30 | 212,731,933 |
Number of terminated vested participants | 2021-06-30 | 1,113 |
Fundng target for terminated vested participants | 2021-06-30 | 58,199,175 |
Active participant vested funding target | 2021-06-30 | 166,685,349 |
Number of active participants | 2021-06-30 | 1,904 |
Total funding liabilities for active participants | 2021-06-30 | 167,721,504 |
Total participant count | 2021-06-30 | 4,613 |
Total funding target for all participants | 2021-06-30 | 438,652,612 |
Balance at beginning of prior year after applicable adjustments | 2021-06-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-06-30 | 8,338,626 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-06-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-06-30 | 0 |
Amount remaining of carryover balance | 2021-06-30 | 0 |
Amount remaining of prefunding balance | 2021-06-30 | 8,338,626 |
Present value of excess contributions | 2021-06-30 | 14,567,769 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-06-30 | 15,374,823 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-06-30 | 10,344,054 |
Reductions in caryover balances due to elections or deemed elections | 2021-06-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-06-30 | 0 |
Balance of carryovers at beginning of current year | 2021-06-30 | 0 |
Balance of prefunding at beginning of current year | 2021-06-30 | 19,637,453 |
Total employer contributions | 2021-06-30 | 20,000,000 |
Total employee contributions | 2021-06-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-06-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-06-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-06-30 | 18,304,257 |
Unpaid minimum required contributions for all prior years | 2021-06-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-06-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-06-30 | 0 |
Minimum required contributions for current year target normal cost | 2021-06-30 | 3,089,194 |
Net shortfall amortization installment of oustanding balance | 2021-06-30 | 0 |
Waiver amortization installment | 2021-06-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-06-30 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-06-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-06-30 | 0 |
Additional cash requirement | 2021-06-30 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-06-30 | 18,304,257 |
Unpaid minimum required contributions for current year | 2021-06-30 | 0 |
Unpaid minimum required contributions for all years | 2021-06-30 | 0 |
2020: PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-07-01 | 4,613 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-07-01 | 1,743 |
Number of retired or separated participants receiving benefits | 2020-07-01 | 1,557 |
Number of other retired or separated participants entitled to future benefits | 2020-07-01 | 1,077 |
Total of all active and inactive participants | 2020-07-01 | 4,377 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-07-01 | 205 |
Total participants | 2020-07-01 | 4,582 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-07-01 | 16 |
Market value of plan assets | 2020-06-30 | 171,358,581 |
Acturial value of plan assets | 2020-06-30 | 169,281,996 |
Funding target for retired participants and beneficiaries receiving payment | 2020-06-30 | 75,285,545 |
Number of terminated vested participants | 2020-06-30 | 583 |
Fundng target for terminated vested participants | 2020-06-30 | 31,452,447 |
Active participant vested funding target | 2020-06-30 | 40,593,640 |
Number of active participants | 2020-06-30 | 430 |
Total funding liabilities for active participants | 2020-06-30 | 40,938,159 |
Total participant count | 2020-06-30 | 2,072 |
Total funding target for all participants | 2020-06-30 | 147,676,151 |
Balance at beginning of prior year after applicable adjustments | 2020-06-30 | 3,533,197 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-06-30 | 8,790,341 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-06-30 | 3,533,197 |
Prefunding balanced used to offset prior years funding requirement | 2020-06-30 | 1,166,803 |
Amount remaining of carryover balance | 2020-06-30 | 0 |
Amount remaining of prefunding balance | 2020-06-30 | 7,623,538 |
Present value of excess contributions | 2020-06-30 | 17,853,410 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-06-30 | 18,872,840 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-06-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-06-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-06-30 | 0 |
Balance of carryovers at beginning of current year | 2020-06-30 | 0 |
Balance of prefunding at beginning of current year | 2020-06-30 | 8,338,626 |
Total employer contributions | 2020-06-30 | 20,000,000 |
Total employee contributions | 2020-06-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-06-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-06-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-06-30 | 18,263,071 |
Unpaid minimum required contributions for all prior years | 2020-06-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-06-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-06-30 | 0 |
Minimum required contributions for current year target normal cost | 2020-06-30 | 3,250,000 |
Net shortfall amortization installment of oustanding balance | 2020-06-30 | 4,134,823 |
Waiver amortization installment | 2020-06-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-06-30 | 3,695,302 |
Carryover balance elected to use to offset funding requirement | 2020-06-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-06-30 | 0 |
Additional cash requirement | 2020-06-30 | 3,695,302 |
Contributions allocatedtoward minimum required contributions for current year | 2020-06-30 | 18,263,071 |
Unpaid minimum required contributions for current year | 2020-06-30 | 0 |
Unpaid minimum required contributions for all years | 2020-06-30 | 0 |
2019: PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2019 401k membership | ||
Total participants, beginning-of-year | 2019-07-01 | 2,072 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-07-01 | 1,904 |
Number of retired or separated participants receiving benefits | 2019-07-01 | 1,467 |
Number of other retired or separated participants entitled to future benefits | 2019-07-01 | 1,050 |
Total of all active and inactive participants | 2019-07-01 | 4,421 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-07-01 | 192 |
Total participants | 2019-07-01 | 4,613 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-07-01 | 20 |
Measure | Date | Value |
---|---|---|
2022 : PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2022 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-06-30 | $-36,706,542 |
Total unrealized appreciation/depreciation of assets | 2022-06-30 | $-36,706,542 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $11,794,553 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $12,730,466 |
Total income from all sources (including contributions) | 2022-06-30 | $-74,694,742 |
Total loss/gain on sale of assets | 2022-06-30 | $-10,568,276 |
Total of all expenses incurred | 2022-06-30 | $24,591,438 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $21,401,066 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-30 | $0 |
Value of total assets at end of year | 2022-06-30 | $455,360,994 |
Value of total assets at beginning of year | 2022-06-30 | $555,583,087 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-30 | $3,190,372 |
Total interest from all sources | 2022-06-30 | $7,400,249 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-06-30 | $2,378,088 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-30 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-06-30 | $2,378,088 |
Administrative expenses professional fees incurred | 2022-06-30 | $1,119,915 |
Was this plan covered by a fidelity bond | 2022-06-30 | Yes |
Value of fidelity bond cover | 2022-06-30 | $3,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | No |
Assets. Other investments not covered elsewhere at end of year | 2022-06-30 | $12,924,989 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-06-30 | $18,241,599 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-06-30 | $10,373,923 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-06-30 | $13,225,840 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-06-30 | $11,794,553 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-06-30 | $12,730,466 |
Other income not declared elsewhere | 2022-06-30 | $320,064 |
Administrative expenses (other) incurred | 2022-06-30 | $1,854,688 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
Value of net income/loss | 2022-06-30 | $-99,286,180 |
Value of net assets at end of year (total assets less liabilities) | 2022-06-30 | $443,566,441 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-06-30 | $542,852,621 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
Assets. partnership/joint venture interests at end of year | 2022-06-30 | $59,715,086 |
Assets. partnership/joint venture interests at beginning of year | 2022-06-30 | $0 |
Investment advisory and management fees | 2022-06-30 | $215,769 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-06-30 | $189,117,451 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-06-30 | $291,417,389 |
Interest earned on other investments | 2022-06-30 | $726,309 |
Income. Interest from US Government securities | 2022-06-30 | $161,923 |
Income. Interest from corporate debt instruments | 2022-06-30 | $6,512,068 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-06-30 | $23,480,080 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-06-30 | $20,559,187 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-06-30 | $20,559,187 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-06-30 | $-51 |
Asset value of US Government securities at end of year | 2022-06-30 | $15,115,030 |
Asset value of US Government securities at beginning of year | 2022-06-30 | $7,860,883 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-06-30 | $-37,518,325 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
Employer contributions (assets) at end of year | 2022-06-30 | $0 |
Employer contributions (assets) at beginning of year | 2022-06-30 | $20,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-30 | $21,401,066 |
Asset. Corporate debt instrument preferred debt at end of year | 2022-06-30 | $61,027,877 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2022-06-30 | $80,348,976 |
Asset. Corporate debt instrument debt (other) at end of year | 2022-06-30 | $83,606,558 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2022-06-30 | $103,929,213 |
Did the plan have assets held for investment | 2022-06-30 | 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 | 2022-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
Aggregate proceeds on sale of assets | 2022-06-30 | $286,320,927 |
Aggregate carrying amount (costs) on sale of assets | 2022-06-30 | $296,889,203 |
Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
Accountancy firm name | 2022-06-30 | FRAZIER & DEETER |
Accountancy firm EIN | 2022-06-30 | 581433845 |
2021 : PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2021 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-06-30 | $7,259,563 |
Total unrealized appreciation/depreciation of assets | 2021-06-30 | $7,259,563 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $12,730,466 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $2,346,815 |
Total income from all sources (including contributions) | 2021-06-30 | $84,642,819 |
Total loss/gain on sale of assets | 2021-06-30 | $-4,164,331 |
Total of all expenses incurred | 2021-06-30 | $24,839,775 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-30 | $20,303,882 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-06-30 | $20,000,000 |
Value of total assets at end of year | 2021-06-30 | $555,583,087 |
Value of total assets at beginning of year | 2021-06-30 | $485,396,392 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-06-30 | $4,535,893 |
Total interest from all sources | 2021-06-30 | $7,559,392 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-06-30 | $1,891,233 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-06-30 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-06-30 | $1,891,043 |
Administrative expenses professional fees incurred | 2021-06-30 | $1,741,381 |
Was this plan covered by a fidelity bond | 2021-06-30 | Yes |
Value of fidelity bond cover | 2021-06-30 | $3,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-06-30 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-06-30 | No |
Assets. Other investments not covered elsewhere at end of year | 2021-06-30 | $18,241,599 |
Assets. Other investments not covered elsewhere at beginning of year | 2021-06-30 | $65,336,263 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-06-30 | $13,225,840 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-06-30 | $3,825,752 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-06-30 | $12,730,466 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-06-30 | $2,346,815 |
Other income not declared elsewhere | 2021-06-30 | $43,242 |
Administrative expenses (other) incurred | 2021-06-30 | $2,503,482 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-06-30 | No |
Value of net income/loss | 2021-06-30 | $59,803,044 |
Value of net assets at end of year (total assets less liabilities) | 2021-06-30 | $542,852,621 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-06-30 | $483,049,577 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-06-30 | No |
Investment advisory and management fees | 2021-06-30 | $291,030 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-06-30 | $291,417,389 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-06-30 | $118,459,621 |
Interest earned on other investments | 2021-06-30 | $849,672 |
Income. Interest from US Government securities | 2021-06-30 | $60,837 |
Income. Interest from corporate debt instruments | 2021-06-30 | $6,653,227 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-06-30 | $20,559,187 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-06-30 | $29,689,718 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-06-30 | $29,689,718 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-06-30 | $-4,344 |
Asset value of US Government securities at end of year | 2021-06-30 | $7,860,883 |
Asset value of US Government securities at beginning of year | 2021-06-30 | $3,888,248 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-06-30 | $52,053,720 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-30 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2021-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-06-30 | No |
Contributions received in cash from employer | 2021-06-30 | $20,000,000 |
Employer contributions (assets) at end of year | 2021-06-30 | $20,000,000 |
Employer contributions (assets) at beginning of year | 2021-06-30 | $20,000,000 |
Income. Dividends from common stock | 2021-06-30 | $190 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-06-30 | $20,303,882 |
Asset. Corporate debt instrument preferred debt at end of year | 2021-06-30 | $80,348,976 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2021-06-30 | $0 |
Asset. Corporate debt instrument debt (other) at end of year | 2021-06-30 | $103,929,213 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2021-06-30 | $244,196,790 |
Did the plan have assets held for investment | 2021-06-30 | 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 | 2021-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-30 | No |
Aggregate proceeds on sale of assets | 2021-06-30 | $176,607,020 |
Aggregate carrying amount (costs) on sale of assets | 2021-06-30 | $180,771,351 |
Opinion of an independent qualified public accountant for this plan | 2021-06-30 | Unqualified |
Accountancy firm name | 2021-06-30 | FRAZIER & DEETER |
Accountancy firm EIN | 2021-06-30 | 581433845 |
2020 : PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2020 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2020-06-30 | $0 |
Total transfer of assets to this plan | 2020-06-30 | $348,304,105 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $2,346,815 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $0 |
Total income from all sources (including contributions) | 2020-06-30 | $52,749,973 |
Total loss/gain on sale of assets | 2020-06-30 | $1,673,620 |
Total of all expenses incurred | 2020-06-30 | $90,116,235 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-06-30 | $89,142,136 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-06-30 | $20,000,000 |
Value of total assets at end of year | 2020-06-30 | $485,396,392 |
Value of total assets at beginning of year | 2020-06-30 | $172,111,734 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-06-30 | $974,099 |
Total interest from all sources | 2020-06-30 | $6,403,367 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-06-30 | $3,591,378 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-06-30 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-06-30 | $3,501,048 |
Administrative expenses professional fees incurred | 2020-06-30 | $674,331 |
Was this plan covered by a fidelity bond | 2020-06-30 | Yes |
Value of fidelity bond cover | 2020-06-30 | $3,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2020-06-30 | No |
Assets. Other investments not covered elsewhere at end of year | 2020-06-30 | $65,336,263 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-06-30 | $3,521,412 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-06-30 | $3,825,752 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-06-30 | $1,009,669 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-06-30 | $2,346,815 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-06-30 | $0 |
Other income not declared elsewhere | 2020-06-30 | $-1,250,993 |
Administrative expenses (other) incurred | 2020-06-30 | $81,979 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-06-30 | No |
Value of net income/loss | 2020-06-30 | $-37,366,262 |
Value of net assets at end of year (total assets less liabilities) | 2020-06-30 | $483,049,577 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-06-30 | $172,111,734 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-06-30 | No |
Investment advisory and management fees | 2020-06-30 | $217,789 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-06-30 | $118,459,621 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-06-30 | $25,805,833 |
Income. Interest from US Government securities | 2020-06-30 | $151,092 |
Income. Interest from corporate debt instruments | 2020-06-30 | $504,878 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-06-30 | $29,689,718 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-06-30 | $3,370,199 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-06-30 | $3,370,199 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-06-30 | $5,747,397 |
Asset value of US Government securities at end of year | 2020-06-30 | $3,888,248 |
Asset value of US Government securities at beginning of year | 2020-06-30 | $39,678,387 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-06-30 | $22,332,601 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-06-30 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2020-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-06-30 | No |
Contributions received in cash from employer | 2020-06-30 | $20,000,000 |
Employer contributions (assets) at end of year | 2020-06-30 | $20,000,000 |
Employer contributions (assets) at beginning of year | 2020-06-30 | $20,000,000 |
Income. Dividends from common stock | 2020-06-30 | $90,330 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-06-30 | $89,142,136 |
Asset. Corporate debt instrument preferred debt at end of year | 2020-06-30 | $0 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2020-06-30 | $22,725,119 |
Asset. Corporate debt instrument debt (other) at end of year | 2020-06-30 | $244,196,790 |
Asset. Corporate debt instrument debt (other) at beginning of year | 2020-06-30 | $26,947,923 |
Assets. Corporate common stocks other than exployer securities at end of year | 2020-06-30 | $0 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-06-30 | $29,053,192 |
Did the plan have assets held for investment | 2020-06-30 | 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 | 2020-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-06-30 | No |
Aggregate proceeds on sale of assets | 2020-06-30 | $447,885,994 |
Aggregate carrying amount (costs) on sale of assets | 2020-06-30 | $446,212,374 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-06-30 | No |
Opinion of an independent qualified public accountant for this plan | 2020-06-30 | Unqualified |
Accountancy firm name | 2020-06-30 | FRAZIER & DEETER |
Accountancy firm EIN | 2020-06-30 | 581433845 |
2021: PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2021 form 5500 responses | ||
---|---|---|
2021-07-01 | Type of plan entity | Single employer plan |
2021-07-01 | Submission has been amended | No |
2021-07-01 | This submission is the final filing | No |
2021-07-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-07-01 | Plan is a collectively bargained plan | No |
2021-07-01 | Plan funding arrangement – Trust | Yes |
2021-07-01 | Plan benefit arrangement - Trust | Yes |
2020: PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2020 form 5500 responses | ||
2020-07-01 | Type of plan entity | Single employer plan |
2020-07-01 | Submission has been amended | No |
2020-07-01 | This submission is the final filing | No |
2020-07-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-07-01 | Plan is a collectively bargained plan | No |
2020-07-01 | Plan funding arrangement – Trust | Yes |
2020-07-01 | Plan benefit arrangement - Trust | Yes |
2019: PIEDMONT HEALTHCARE, INC. CONSOLIDATED RETIREMENT PLAN 2019 form 5500 responses | ||
2019-07-01 | Type of plan entity | Single employer plan |
2019-07-01 | Submission has been amended | No |
2019-07-01 | This submission is the final filing | No |
2019-07-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-07-01 | Plan is a collectively bargained plan | No |
2019-07-01 | Plan funding arrangement – Trust | Yes |
2019-07-01 | Plan benefit arrangement - Trust | Yes |