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THE MILFORD HOSPITAL PENSION PLAN 401k Plan overview

Plan NameTHE MILFORD HOSPITAL PENSION PLAN
Plan identification number 007

THE MILFORD HOSPITAL PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

BRIDGEPORT HOSPITAL has sponsored the creation of one or more 401k plans.

Company Name:BRIDGEPORT HOSPITAL
Employer identification number (EIN):060646554
NAIC Classification:622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MILFORD HOSPITAL PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0072021-10-01BENJAMIN TUDOR2023-07-13
0072020-10-01ANGEL BRUNO2022-07-12
0072019-10-01EUGENE COLUCCI2021-07-13
0072018-10-01EUGENE COLUCCI2020-07-14
0072017-10-01JOHN SKELLY2019-07-10 JOHN SKELLY2019-07-10

Plan Statistics for THE MILFORD HOSPITAL PENSION PLAN

401k plan membership statisitcs for THE MILFORD HOSPITAL PENSION PLAN

Measure Date Value
2022: THE MILFORD HOSPITAL PENSION PLAN 2022 401k membership
Market value of plan assets2022-09-3089,196,946
Acturial value of plan assets2022-09-3089,196,946
Funding target for retired participants and beneficiaries receiving payment2022-09-3041,715,953
Number of terminated vested participants2022-09-30258
Fundng target for terminated vested participants2022-09-3013,281,079
Active participant vested funding target2022-09-3014,105,597
Number of active participants2022-09-30135
Total funding liabilities for active participants2022-09-3014,105,597
Total participant count2022-09-30764
Total funding target for all participants2022-09-3069,102,629
Balance at beginning of prior year after applicable adjustments2022-09-300
Prefunding balance at beginning of prior year after applicable adjustments2022-09-306,200,000
Carryover balanced portion elected for use to offset prior years funding requirement2022-09-300
Prefunding balanced used to offset prior years funding requirement2022-09-300
Amount remaining of carryover balance2022-09-300
Amount remaining of prefunding balance2022-09-306,200,000
Present value of excess contributions2022-09-306,178,905
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-09-306,531,103
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-09-306,531,103
Reductions in caryover balances due to elections or deemed elections2022-09-300
Reductions in prefunding balances due to elections or deemed elections2022-09-300
Balance of carryovers at beginning of current year2022-09-300
Balance of prefunding at beginning of current year2022-09-3013,772,703
Total employer contributions2022-09-300
Total employee contributions2022-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2022-09-300
Contributions made to avoid restrictions adjusted to valuation date2022-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-09-300
Unpaid minimum required contributions for all prior years2022-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-09-300
Remaining amount of unpaid minimum required contributions2022-09-300
Minimum required contributions for current year target normal cost2022-09-30270,000
Net shortfall amortization installment of oustanding balance2022-09-300
Waiver amortization installment2022-09-300
Total funding amount beforereflecting carryover/prefunding balances2022-09-300
Carryover balance elected to use to offset funding requirement2022-09-300
Prefunding balance elected to use to offset funding requirement2022-09-300
Additional cash requirement2022-09-300
Contributions allocatedtoward minimum required contributions for current year2022-09-300
Unpaid minimum required contributions for current year2022-09-300
Unpaid minimum required contributions for all years2022-09-300
2021: THE MILFORD HOSPITAL PENSION PLAN 2021 401k membership
Total participants, beginning-of-year2021-10-01764
Total number of active participants reported on line 7a of the Form 55002021-10-010
Number of retired or separated participants receiving benefits2021-10-010
Number of other retired or separated participants entitled to future benefits2021-10-010
Total of all active and inactive participants2021-10-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-10-010
Total participants2021-10-010
Market value of plan assets2021-09-3077,005,854
Acturial value of plan assets2021-09-3077,005,854
Funding target for retired participants and beneficiaries receiving payment2021-09-3041,686,001
Number of terminated vested participants2021-09-30267
Fundng target for terminated vested participants2021-09-3013,400,512
Active participant vested funding target2021-09-3014,088,089
Number of active participants2021-09-30148
Total funding liabilities for active participants2021-09-3014,096,657
Total participant count2021-09-30785
Total funding target for all participants2021-09-3069,183,170
Balance at beginning of prior year after applicable adjustments2021-09-300
Prefunding balance at beginning of prior year after applicable adjustments2021-09-300
Carryover balanced portion elected for use to offset prior years funding requirement2021-09-300
Prefunding balanced used to offset prior years funding requirement2021-09-300
Amount remaining of carryover balance2021-09-300
Amount remaining of prefunding balance2021-09-300
Present value of excess contributions2021-09-3015,112,216
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-09-3015,944,899
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-09-306,200,000
Reductions in caryover balances due to elections or deemed elections2021-09-300
Reductions in prefunding balances due to elections or deemed elections2021-09-300
Balance of carryovers at beginning of current year2021-09-300
Balance of prefunding at beginning of current year2021-09-306,200,000
Total employer contributions2021-09-306,500,000
Total employee contributions2021-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2021-09-300
Contributions made to avoid restrictions adjusted to valuation date2021-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-09-306,178,905
Liquidity shortfalls end of Q12021-09-300
Liquidity shortfalls end of Q22021-09-300
Liquidity shortfalls end of Q32021-09-300
Liquidity shortfalls end of Q42021-09-300
Unpaid minimum required contributions for all prior years2021-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-09-300
Remaining amount of unpaid minimum required contributions2021-09-300
Minimum required contributions for current year target normal cost2021-09-30585,000
Net shortfall amortization installment of oustanding balance2021-09-300
Waiver amortization installment2021-09-300
Total funding amount beforereflecting carryover/prefunding balances2021-09-300
Carryover balance elected to use to offset funding requirement2021-09-300
Prefunding balance elected to use to offset funding requirement2021-09-300
Additional cash requirement2021-09-300
Contributions allocatedtoward minimum required contributions for current year2021-09-306,178,905
Unpaid minimum required contributions for current year2021-09-300
Unpaid minimum required contributions for all years2021-09-300
2020: THE MILFORD HOSPITAL PENSION PLAN 2020 401k membership
Total participants, beginning-of-year2020-10-01785
Total number of active participants reported on line 7a of the Form 55002020-10-01135
Number of retired or separated participants receiving benefits2020-10-01345
Number of other retired or separated participants entitled to future benefits2020-10-01256
Total of all active and inactive participants2020-10-01736
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-10-0128
Total participants2020-10-01764
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-10-010
Market value of plan assets2020-09-3061,099,150
Acturial value of plan assets2020-09-3061,099,150
Funding target for retired participants and beneficiaries receiving payment2020-09-3045,943,574
Number of terminated vested participants2020-09-30278
Fundng target for terminated vested participants2020-09-3012,892,789
Active participant vested funding target2020-09-3016,054,448
Number of active participants2020-09-30170
Total funding liabilities for active participants2020-09-3016,064,111
Total participant count2020-09-30803
Total funding target for all participants2020-09-3074,900,474
Balance at beginning of prior year after applicable adjustments2020-09-300
Prefunding balance at beginning of prior year after applicable adjustments2020-09-3045,467
Carryover balanced portion elected for use to offset prior years funding requirement2020-09-300
Prefunding balanced used to offset prior years funding requirement2020-09-300
Amount remaining of carryover balance2020-09-300
Amount remaining of prefunding balance2020-09-3045,467
Present value of excess contributions2020-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-09-300
Reductions in caryover balances due to elections or deemed elections2020-09-300
Reductions in prefunding balances due to elections or deemed elections2020-09-3048,000
Balance of carryovers at beginning of current year2020-09-300
Balance of prefunding at beginning of current year2020-09-300
Total employer contributions2020-09-3020,850,000
Total employee contributions2020-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2020-09-300
Contributions made to avoid restrictions adjusted to valuation date2020-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-09-3019,505,024
Liquidity shortfalls end of Q12020-09-300
Liquidity shortfalls end of Q22020-09-300
Liquidity shortfalls end of Q32020-09-300
Liquidity shortfalls end of Q42020-09-300
Unpaid minimum required contributions for all prior years2020-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-09-300
Remaining amount of unpaid minimum required contributions2020-09-300
Minimum required contributions for current year target normal cost2020-09-301,005,000
Net shortfall amortization installment of oustanding balance2020-09-3013,801,324
Waiver amortization installment2020-09-300
Total funding amount beforereflecting carryover/prefunding balances2020-09-304,392,808
Carryover balance elected to use to offset funding requirement2020-09-300
Prefunding balance elected to use to offset funding requirement2020-09-300
Additional cash requirement2020-09-304,392,808
Contributions allocatedtoward minimum required contributions for current year2020-09-3019,505,024
Unpaid minimum required contributions for current year2020-09-300
Unpaid minimum required contributions for all years2020-09-300
2019: THE MILFORD HOSPITAL PENSION PLAN 2019 401k membership
Total participants, beginning-of-year2019-10-01803
Total number of active participants reported on line 7a of the Form 55002019-10-01148
Number of retired or separated participants receiving benefits2019-10-01343
Number of other retired or separated participants entitled to future benefits2019-10-01266
Total of all active and inactive participants2019-10-01757
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-10-0128
Total participants2019-10-01785
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-10-010
Market value of plan assets2019-09-3059,045,617
Acturial value of plan assets2019-09-3059,045,617
Funding target for retired participants and beneficiaries receiving payment2019-09-3038,327,391
Number of terminated vested participants2019-09-30296
Fundng target for terminated vested participants2019-09-3014,220,654
Active participant vested funding target2019-09-3019,050,495
Number of active participants2019-09-30187
Total funding liabilities for active participants2019-09-3019,390,742
Total participant count2019-09-30819
Total funding target for all participants2019-09-3071,938,787
Balance at beginning of prior year after applicable adjustments2019-09-300
Prefunding balance at beginning of prior year after applicable adjustments2019-09-3041,631
Carryover balanced portion elected for use to offset prior years funding requirement2019-09-300
Prefunding balanced used to offset prior years funding requirement2019-09-300
Amount remaining of carryover balance2019-09-300
Amount remaining of prefunding balance2019-09-3041,631
Present value of excess contributions2019-09-30518
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-09-30548
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-09-30548
Balance of carryovers at beginning of current year2019-09-300
Balance of prefunding at beginning of current year2019-09-3045,467
Total employer contributions2019-09-306,218,744
Total employee contributions2019-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2019-09-300
Contributions made to avoid restrictions adjusted to valuation date2019-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-09-305,953,238
Liquidity shortfalls end of Q12019-09-300
Liquidity shortfalls end of Q22019-09-300
Liquidity shortfalls end of Q32019-09-300
Liquidity shortfalls end of Q42019-09-300
Unpaid minimum required contributions for all prior years2019-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-09-300
Remaining amount of unpaid minimum required contributions2019-09-300
Minimum required contributions for current year target normal cost2019-09-301,028,269
Net shortfall amortization installment of oustanding balance2019-09-3012,938,637
Waiver amortization installment2019-09-300
Total funding amount beforereflecting carryover/prefunding balances2019-09-303,892,576
Additional cash requirement2019-09-303,892,576
Contributions allocatedtoward minimum required contributions for current year2019-09-305,953,238
Unpaid minimum required contributions for current year2019-09-300
Unpaid minimum required contributions for all years2019-09-300
2018: THE MILFORD HOSPITAL PENSION PLAN 2018 401k membership
Total participants, beginning-of-year2018-10-01819
Total number of active participants reported on line 7a of the Form 55002018-10-01170
Number of retired or separated participants receiving benefits2018-10-01331
Number of other retired or separated participants entitled to future benefits2018-10-01277
Total of all active and inactive participants2018-10-01778
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-10-0125
Total participants2018-10-01803
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-10-010
Market value of plan assets2018-09-3058,852,329
Acturial value of plan assets2018-09-3058,852,329
Funding target for retired participants and beneficiaries receiving payment2018-09-3034,017,717
Number of terminated vested participants2018-09-30297
Fundng target for terminated vested participants2018-09-3014,346,796
Active participant vested funding target2018-09-3023,852,333
Number of active participants2018-09-30226
Total funding liabilities for active participants2018-09-3024,252,859
Total participant count2018-09-30839
Total funding target for all participants2018-09-3072,617,372
Balance at beginning of prior year after applicable adjustments2018-09-300
Prefunding balance at beginning of prior year after applicable adjustments2018-09-3037,988
Carryover balanced portion elected for use to offset prior years funding requirement2018-09-300
Prefunding balanced used to offset prior years funding requirement2018-09-300
Amount remaining of carryover balance2018-09-300
Amount remaining of prefunding balance2018-09-3037,988
Present value of excess contributions2018-09-300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-09-300
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-09-300
Reductions in caryover balances due to elections or deemed elections2018-09-300
Reductions in prefunding balances due to elections or deemed elections2018-09-300
Balance of carryovers at beginning of current year2018-09-300
Balance of prefunding at beginning of current year2018-09-3041,631
Total employer contributions2018-09-303,868,740
Total employee contributions2018-09-300
Contributions allocated toward unpaid minimum require contributions from prior years2018-09-300
Contributions made to avoid restrictions adjusted to valuation date2018-09-300
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-09-303,625,510
Liquidity shortfalls end of Q12018-09-300
Liquidity shortfalls end of Q22018-09-300
Liquidity shortfalls end of Q32018-09-300
Liquidity shortfalls end of Q42018-09-300
Unpaid minimum required contributions for all prior years2018-09-300
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-09-300
Remaining amount of unpaid minimum required contributions2018-09-300
Minimum required contributions for current year target normal cost2018-09-30957,426
Net shortfall amortization installment of oustanding balance2018-09-3013,806,674
Waiver amortization installment2018-09-300
Total funding amount beforereflecting carryover/prefunding balances2018-09-303,624,992
Carryover balance elected to use to offset funding requirement2018-09-300
Prefunding balance elected to use to offset funding requirement2018-09-300
Additional cash requirement2018-09-303,624,992
Contributions allocatedtoward minimum required contributions for current year2018-09-303,625,510
Unpaid minimum required contributions for current year2018-09-300
Unpaid minimum required contributions for all years2018-09-300
2017: THE MILFORD HOSPITAL PENSION PLAN 2017 401k membership
Total participants, beginning-of-year2017-10-01839
Total number of active participants reported on line 7a of the Form 55002017-10-01187
Number of retired or separated participants receiving benefits2017-10-01312
Number of other retired or separated participants entitled to future benefits2017-10-01295
Total of all active and inactive participants2017-10-01794
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-10-0125
Total participants2017-10-01819
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-10-010

Financial Data on THE MILFORD HOSPITAL PENSION PLAN

Measure Date Value
2022 : THE MILFORD HOSPITAL PENSION PLAN 2022 401k financial data
Unrealized appreciation/depreciation of real estate assets2022-09-30$2,682
Total unrealized appreciation/depreciation of assets2022-09-30$2,682
Total transfer of assets from this plan2022-09-30$63,002,852
Total income from all sources (including contributions)2022-09-30$-18,720,940
Total of all expenses incurred2022-09-30$7,473,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-09-30$7,111,885
Value of total assets at end of year2022-09-30$0
Value of total assets at beginning of year2022-09-30$89,196,946
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-09-30$361,269
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-09-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-09-30$0
Administrative expenses professional fees incurred2022-09-30$25,920
Was this plan covered by a fidelity bond2022-09-30Yes
Value of fidelity bond cover2022-09-30$5,000,000
If this is an individual account plan, was there a blackout period2022-09-30No
Were there any nonexempt tranactions with any party-in-interest2022-09-30No
Administrative expenses (other) incurred2022-09-30$263,437
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Value of net income/loss2022-09-30$-26,194,094
Value of net assets at end of year (total assets less liabilities)2022-09-30$0
Value of net assets at beginning of year (total assets less liabilities)2022-09-30$89,196,946
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-09-30No
Were any leases to which the plan was party in default or uncollectible2022-09-30No
Investment advisory and management fees2022-09-30$71,912
Value of interest in master investment trust accounts at end of year2022-09-30$0
Value of interest in master investment trust accounts at beginning of year2022-09-30$86,076,668
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-09-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-09-30$3,120,278
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-09-30$3,120,278
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-09-30$6,707
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-09-30Yes
Was there a failure to transmit to the plan any participant contributions2022-09-30No
Has the plan failed to provide any benefit when due under the plan2022-09-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-09-30$7,111,885
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-09-30No
Did the plan have assets held for investment2022-09-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-09-30Yes
Opinion of an independent qualified public accountant for this plan2022-09-30Unqualified
Accountancy firm name2022-09-30BAKER TILLY US, LLP
Accountancy firm EIN2022-09-30390859910
2021 : THE MILFORD HOSPITAL PENSION PLAN 2021 401k financial data
Unrealized appreciation/depreciation of real estate assets2021-09-30$-1,517
Total unrealized appreciation/depreciation of assets2021-09-30$-1,517
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-09-30$83,979
Total income from all sources (including contributions)2021-09-30$18,032,127
Total loss/gain on sale of assets2021-09-30$4,961
Total of all expenses incurred2021-09-30$6,186,537
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-09-30$5,582,443
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-09-30$6,500,000
Value of total assets at end of year2021-09-30$89,196,946
Value of total assets at beginning of year2021-09-30$77,435,335
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-09-30$604,094
Total interest from all sources2021-09-30$19
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-09-30No
Administrative expenses professional fees incurred2021-09-30$27,488
Was this plan covered by a fidelity bond2021-09-30Yes
Value of fidelity bond cover2021-09-30$5,000,000
If this is an individual account plan, was there a blackout period2021-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-09-30$0
Were there any nonexempt tranactions with any party-in-interest2021-09-30No
Assets. Other investments not covered elsewhere at end of year2021-09-30$0
Assets. Other investments not covered elsewhere at beginning of year2021-09-30$599,589
Other income not declared elsewhere2021-09-30$500,000
Administrative expenses (other) incurred2021-09-30$563,830
Liabilities. Value of operating payables at end of year2021-09-30$0
Liabilities. Value of operating payables at beginning of year2021-09-30$83,979
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Value of net income/loss2021-09-30$11,845,590
Value of net assets at end of year (total assets less liabilities)2021-09-30$89,196,946
Value of net assets at beginning of year (total assets less liabilities)2021-09-30$77,351,356
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-09-30No
Were any leases to which the plan was party in default or uncollectible2021-09-30No
Investment advisory and management fees2021-09-30$12,776
Value of interest in master investment trust accounts at end of year2021-09-30$86,076,668
Value of interest in master investment trust accounts at beginning of year2021-09-30$57,935,746
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-09-30$3,120,278
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-09-30$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-09-30$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-09-30$19
Net investment gain or loss from common/collective trusts2021-09-30$1,263
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-09-30Yes
Was there a failure to transmit to the plan any participant contributions2021-09-30No
Has the plan failed to provide any benefit when due under the plan2021-09-30No
Contributions received in cash from employer2021-09-30$6,500,000
Employer contributions (assets) at end of year2021-09-30$0
Employer contributions (assets) at beginning of year2021-09-30$18,900,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-09-30$5,582,443
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-09-30No
Did the plan have assets held for investment2021-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-09-30No
Aggregate proceeds on sale of assets2021-09-30$630,263
Aggregate carrying amount (costs) on sale of assets2021-09-30$625,302
Opinion of an independent qualified public accountant for this plan2021-09-30Unqualified
Accountancy firm name2021-09-30BAKER TILLY US, LLP
Accountancy firm EIN2021-09-30390859910
2020 : THE MILFORD HOSPITAL PENSION PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-09-30$632
Unrealized appreciation/depreciation of other (non real estate) assets2020-09-30$14,884
Total unrealized appreciation/depreciation of assets2020-09-30$15,516
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$83,979
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-09-30$2,970,194
Total income from all sources (including contributions)2020-09-30$25,007,596
Total loss/gain on sale of assets2020-09-30$471,458
Total of all expenses incurred2020-09-30$5,785,194
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-09-30$5,150,208
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-09-30$20,850,000
Value of total assets at end of year2020-09-30$77,435,335
Value of total assets at beginning of year2020-09-30$61,099,148
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-09-30$634,986
Total interest from all sources2020-09-30$24,044
Total dividends received (eg from common stock, registered investment company shares)2020-09-30$176,543
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-09-30No
Assets. Real estate other than employer real property at beginning of year2020-09-30$6,159,404
Administrative expenses professional fees incurred2020-09-30$10,889
Was this plan covered by a fidelity bond2020-09-30Yes
Value of fidelity bond cover2020-09-30$5,000,000
If this is an individual account plan, was there a blackout period2020-09-30No
Were there any nonexempt tranactions with any party-in-interest2020-09-30No
Assets. Other investments not covered elsewhere at end of year2020-09-30$599,589
Assets. Other investments not covered elsewhere at beginning of year2020-09-30$8,163,562
Administrative expenses (other) incurred2020-09-30$602,052
Liabilities. Value of operating payables at end of year2020-09-30$83,979
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Value of net income/loss2020-09-30$19,222,402
Value of net assets at end of year (total assets less liabilities)2020-09-30$77,351,356
Value of net assets at beginning of year (total assets less liabilities)2020-09-30$58,128,954
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2020-09-30No
Were any leases to which the plan was party in default or uncollectible2020-09-30No
Investment advisory and management fees2020-09-30$22,045
Value of interest in master investment trust accounts at end of year2020-09-30$57,935,746
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-09-30$1,870,207
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-09-30$1,870,207
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-09-30$24,044
Asset value of US Government securities at beginning of year2020-09-30$4,995,584
Net investment gain or loss from common/collective trusts2020-09-30$2,429
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-09-30Yes
Was there a failure to transmit to the plan any participant contributions2020-09-30No
Has the plan failed to provide any benefit when due under the plan2020-09-30No
Contributions received in cash from employer2020-09-30$20,850,000
Employer contributions (assets) at end of year2020-09-30$18,900,000
Employer contributions (assets) at beginning of year2020-09-30$3,500,000
Income. Dividends from common stock2020-09-30$176,543
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-09-30$5,150,208
Asset. Corporate debt instrument debt (other) at beginning of year2020-09-30$3,845,702
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-09-30No
Assets. Corporate common stocks other than exployer securities at beginning of year2020-09-30$32,564,689
Liabilities. Value of benefit claims payable at beginning of year2020-09-30$2,970,194
Did the plan have assets held for investment2020-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-09-30No
Aggregate proceeds on sale of assets2020-09-30$10,019,132
Aggregate carrying amount (costs) on sale of assets2020-09-30$9,547,674
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2020-09-30No
Opinion of an independent qualified public accountant for this plan2020-09-30Unqualified
Accountancy firm name2020-09-30BAKER TILLY US, LLP
Accountancy firm EIN2020-09-30390859910
2019 : THE MILFORD HOSPITAL PENSION PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-09-30$1,968,317
Total unrealized appreciation/depreciation of assets2019-09-30$1,968,317
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-09-30$2,970,194
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-09-30$2,970,194
Total income from all sources (including contributions)2019-09-30$8,423,854
Total loss/gain on sale of assets2019-09-30$-1,176,872
Total of all expenses incurred2019-09-30$9,412,708
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-09-30$8,869,782
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-09-30$6,218,744
Value of total assets at end of year2019-09-30$61,099,148
Value of total assets at beginning of year2019-09-30$62,088,002
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-09-30$542,926
Total interest from all sources2019-09-30$632,397
Total dividends received (eg from common stock, registered investment company shares)2019-09-30$524,793
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-09-30No
Assets. Real estate other than employer real property at end of year2019-09-30$6,159,404
Was this plan covered by a fidelity bond2019-09-30Yes
Value of fidelity bond cover2019-09-30$500,000
If this is an individual account plan, was there a blackout period2019-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-09-30$0
Were there any nonexempt tranactions with any party-in-interest2019-09-30No
Assets. Other investments not covered elsewhere at end of year2019-09-30$8,163,562
Assets. Other investments not covered elsewhere at beginning of year2019-09-30$17,857,455
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-09-30$93,277
Other income not declared elsewhere2019-09-30$256,475
Administrative expenses (other) incurred2019-09-30$168,031
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Value of net income/loss2019-09-30$-988,854
Value of net assets at end of year (total assets less liabilities)2019-09-30$58,128,954
Value of net assets at beginning of year (total assets less liabilities)2019-09-30$59,117,808
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2019-09-30No
Were any leases to which the plan was party in default or uncollectible2019-09-30No
Investment advisory and management fees2019-09-30$209,656
Interest earned on other investments2019-09-30$374,623
Income. Interest from US Government securities2019-09-30$93,252
Income. Interest from corporate debt instruments2019-09-30$129,407
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-09-30$1,870,207
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-09-30$1,087,613
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-09-30$1,087,613
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-09-30$35,115
Asset value of US Government securities at end of year2019-09-30$4,995,584
Asset value of US Government securities at beginning of year2019-09-30$5,264,184
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-09-30Yes
Was there a failure to transmit to the plan any participant contributions2019-09-30No
Has the plan failed to provide any benefit when due under the plan2019-09-30No
Contributions received in cash from employer2019-09-30$6,218,744
Employer contributions (assets) at end of year2019-09-30$3,500,000
Employer contributions (assets) at beginning of year2019-09-30$2,336,223
Income. Dividends from common stock2019-09-30$524,793
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-09-30$8,869,782
Asset. Corporate debt instrument debt (other) at end of year2019-09-30$3,845,702
Asset. Corporate debt instrument debt (other) at beginning of year2019-09-30$4,305,755
Contract administrator fees2019-09-30$165,239
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2019-09-30$32,564,689
Assets. Corporate common stocks other than exployer securities at beginning of year2019-09-30$31,143,495
Liabilities. Value of benefit claims payable at end of year2019-09-30$2,970,194
Liabilities. Value of benefit claims payable at beginning of year2019-09-30$2,970,194
Did the plan have assets held for investment2019-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-09-30No
Aggregate proceeds on sale of assets2019-09-30$44,102,791
Aggregate carrying amount (costs) on sale of assets2019-09-30$45,279,663
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-09-30No
Opinion of an independent qualified public accountant for this plan2019-09-30Unqualified
Accountancy firm name2019-09-30BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2019-09-30390859910
2018 : THE MILFORD HOSPITAL PENSION PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-09-30$3,258,789
Total unrealized appreciation/depreciation of assets2018-09-30$3,258,789
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-09-30$2,970,194
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-09-30$2,722,635
Total income from all sources (including contributions)2018-09-30$8,476,114
Total loss/gain on sale of assets2018-09-30$0
Total of all expenses incurred2018-09-30$8,296,802
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-09-30$7,268,533
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-09-30$3,868,740
Value of total assets at end of year2018-09-30$62,088,002
Value of total assets at beginning of year2018-09-30$61,661,131
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-09-30$1,028,269
Total interest from all sources2018-09-30$834,149
Total dividends received (eg from common stock, registered investment company shares)2018-09-30$432,239
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-09-30No
Administrative expenses professional fees incurred2018-09-30$47,054
Was this plan covered by a fidelity bond2018-09-30Yes
Value of fidelity bond cover2018-09-30$500,000
If this is an individual account plan, was there a blackout period2018-09-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-09-30$0
Were there any nonexempt tranactions with any party-in-interest2018-09-30No
Assets. Other investments not covered elsewhere at end of year2018-09-30$17,857,455
Assets. Other investments not covered elsewhere at beginning of year2018-09-30$17,448,508
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-09-30$247,559
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-09-30$93,277
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-09-30$1,114,886
Other income not declared elsewhere2018-09-30$82,197
Administrative expenses (other) incurred2018-09-30$594,205
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-09-30No
Value of net income/loss2018-09-30$179,312
Value of net assets at end of year (total assets less liabilities)2018-09-30$59,117,808
Value of net assets at beginning of year (total assets less liabilities)2018-09-30$58,938,496
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-09-30No
Were any loans by the plan or fixed income obligations due to the plan in default2018-09-30No
Were any leases to which the plan was party in default or uncollectible2018-09-30No
Investment advisory and management fees2018-09-30$387,010
Interest earned on other investments2018-09-30$574,904
Income. Interest from US Government securities2018-09-30$96,242
Income. Interest from corporate debt instruments2018-09-30$145,930
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-09-30$1,087,613
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-09-30$1,439,103
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-09-30$1,439,103
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-09-30$17,073
Asset value of US Government securities at end of year2018-09-30$5,264,184
Asset value of US Government securities at beginning of year2018-09-30$6,379,429
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-09-30Yes
Was there a failure to transmit to the plan any participant contributions2018-09-30No
Has the plan failed to provide any benefit when due under the plan2018-09-30No
Contributions received in cash from employer2018-09-30$3,868,740
Employer contributions (assets) at end of year2018-09-30$2,336,223
Employer contributions (assets) at beginning of year2018-09-30$1,749,953
Income. Dividends from common stock2018-09-30$432,239
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-09-30$7,020,974
Asset. Corporate debt instrument debt (other) at end of year2018-09-30$4,305,755
Asset. Corporate debt instrument debt (other) at beginning of year2018-09-30$4,720,416
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-09-30No
Assets. Corporate common stocks other than exployer securities at end of year2018-09-30$31,143,495
Assets. Corporate common stocks other than exployer securities at beginning of year2018-09-30$28,808,836
Liabilities. Value of benefit claims payable at end of year2018-09-30$2,970,194
Liabilities. Value of benefit claims payable at beginning of year2018-09-30$2,722,635
Did the plan have assets held for investment2018-09-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-09-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-09-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-09-30Yes
Opinion of an independent qualified public accountant for this plan2018-09-30Disclaimer
Accountancy firm name2018-09-30BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN2018-09-30390859910

Form 5500 Responses for THE MILFORD HOSPITAL PENSION PLAN

2021: THE MILFORD HOSPITAL PENSION PLAN 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01This submission is the final filingYes
2021-10-01Plan is a collectively bargained planYes
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement - TrustYes
2020: THE MILFORD HOSPITAL PENSION PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Plan is a collectively bargained planYes
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement - TrustYes
2019: THE MILFORD HOSPITAL PENSION PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Plan is a collectively bargained planYes
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement - TrustYes
2018: THE MILFORD HOSPITAL PENSION PLAN 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01Plan is a collectively bargained planYes
2018-10-01Plan funding arrangement – TrustYes
2018-10-01Plan benefit arrangement - TrustYes
2017: THE MILFORD HOSPITAL PENSION PLAN 2017 form 5500 responses
2017-10-01Type of plan entitySingle employer plan
2017-10-01Submission has been amendedNo
2017-10-01This submission is the final filingNo
2017-10-01This return/report is a short plan year return/report (less than 12 months)No
2017-10-01Plan is a collectively bargained planYes
2017-10-01Plan funding arrangement – TrustYes
2017-10-01Plan benefit arrangement - TrustYes

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