| Plan Name | THE ALBANY MEDICAL CENTER RETIREMENT PLAN |
| Plan identification number | 003 |
| 401k Plan Type | Defined Benefit Pension |
| Plan Features/Benefits |
|
| Company Name: | ALBANY MED HEALTH SYSTEM |
| Employer identification number (EIN): | 141641730 |
| NAIC Classification: | 622000 |
| NAIC Description: | Hospitals |
Additional information about ALBANY MED HEALTH SYSTEM
| Jurisdiction of Incorporation: | New York Department of State |
| Incorporation Date: | 1982-10-08 |
| Company Identification Number: | 797561 |
| Legal Registered Office Address: |
ATTN: PRESIDENT 43 NEW SCOTLAND AVENUE ALBANY United States of America (USA) 12208 |
More information about ALBANY MED HEALTH SYSTEM
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 003 | 2024-01-01 | FRANCES S. ALBERT | |||
| 003 | 2023-01-01 | ||||
| 003 | 2023-01-01 | FRANCES S. ALBERT | |||
| 003 | 2022-01-01 | ||||
| 003 | 2022-01-01 | FRANCES S. ALBERT | |||
| 003 | 2021-01-01 | ||||
| 003 | 2021-01-01 | FRANCES S. ALBERT | |||
| 003 | 2020-01-01 | ||||
| 003 | 2019-01-01 | ||||
| 003 | 2018-01-01 | ||||
| 003 | 2017-01-01 | FRANCES S. ALBERT |
| Measure | Date | Value |
|---|---|---|
| 2023 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2023 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $11,485,476 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $11,485,476 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $434,413 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $218,988 |
| Total income from all sources (including contributions) | 2023-12-31 | $40,831,594 |
| Total loss/gain on sale of assets | 2023-12-31 | $19,025,087 |
| Total of all expenses incurred | 2023-12-31 | $61,568,267 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $59,035,832 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $756,998 |
| Value of total assets at end of year | 2023-12-31 | $287,137,562 |
| Value of total assets at beginning of year | 2023-12-31 | $307,658,810 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $2,532,435 |
| Total interest from all sources | 2023-12-31 | $8,996,365 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $567,668 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $59,692 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $1,093,092 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-12-31 | $34,965,000 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $177,167 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $859,712 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $254,478 |
| Administrative expenses (other) incurred | 2023-12-31 | $1,312,861 |
| Liabilities. Value of operating payables at end of year | 2023-12-31 | $179,935 |
| Liabilities. Value of operating payables at beginning of year | 2023-12-31 | $207,726 |
| Total non interest bearing cash at end of year | 2023-12-31 | $6,429,787 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $-20,736,673 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $286,703,149 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $307,439,822 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2023-12-31 | $29,211,171 |
| Assets. partnership/joint venture interests at beginning of year | 2023-12-31 | $41,187,952 |
| Investment advisory and management fees | 2023-12-31 | $623,442 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $14,825,304 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $138,726,386 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $0 |
| Interest earned on other investments | 2023-12-31 | $8,542,883 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $169,437,808 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $15,306,666 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $65,206,235 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $3,296,930 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $3,296,930 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $453,482 |
| Asset value of US Government securities at beginning of year | 2023-12-31 | $11,639,515 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $756,998 |
| Employer contributions (assets) at end of year | 2023-12-31 | $756,998 |
| Income. Dividends from preferred stock | 2023-12-31 | $2,357 |
| Income. Dividends from common stock | 2023-12-31 | $505,619 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $24,070,832 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2023-12-31 | $65,029,166 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-12-31 | $31,612,483 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Aggregate proceeds on sale of assets | 2023-12-31 | $532,849,611 |
| Aggregate carrying amount (costs) on sale of assets | 2023-12-31 | $513,824,524 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2023-12-31 | $11,262 |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | UHY LLP |
| Accountancy firm EIN | 2023-12-31 | 200694403 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $11,485,476 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $11,485,476 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $434,413 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $218,988 |
| Total income from all sources (including contributions) | 2023-01-01 | $40,831,594 |
| Total loss/gain on sale of assets | 2023-01-01 | $19,025,087 |
| Total of all expenses incurred | 2023-01-01 | $61,568,267 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $59,035,832 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $756,998 |
| Value of total assets at end of year | 2023-01-01 | $287,137,562 |
| Value of total assets at beginning of year | 2023-01-01 | $307,658,810 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $2,532,435 |
| Total interest from all sources | 2023-01-01 | $8,996,365 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $567,668 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $59,692 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $1,093,092 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2023-01-01 | $34,965,000 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $177,167 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $859,712 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $254,478 |
| Administrative expenses (other) incurred | 2023-01-01 | $1,312,861 |
| Liabilities. Value of operating payables at end of year | 2023-01-01 | $179,935 |
| Liabilities. Value of operating payables at beginning of year | 2023-01-01 | $207,726 |
| Total non interest bearing cash at end of year | 2023-01-01 | $6,429,787 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $-20,736,673 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $286,703,149 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $307,439,822 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Assets. partnership/joint venture interests at end of year | 2023-01-01 | $29,211,171 |
| Assets. partnership/joint venture interests at beginning of year | 2023-01-01 | $41,187,952 |
| Investment advisory and management fees | 2023-01-01 | $623,442 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $14,825,304 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $138,726,386 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $0 |
| Interest earned on other investments | 2023-01-01 | $8,542,883 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $169,437,808 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $15,306,666 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $65,206,235 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $453,482 |
| Asset value of US Government securities at beginning of year | 2023-01-01 | $11,639,515 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $756,998 |
| Employer contributions (assets) at end of year | 2023-01-01 | $756,998 |
| Income. Dividends from preferred stock | 2023-01-01 | $2,357 |
| Income. Dividends from common stock | 2023-01-01 | $505,619 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $24,070,832 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2023-01-01 | $65,029,166 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-01-01 | No |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-01-01 | $31,612,483 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Aggregate proceeds on sale of assets | 2023-01-01 | $532,849,611 |
| Aggregate carrying amount (costs) on sale of assets | 2023-01-01 | $513,824,524 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2023-01-01 | $11,262 |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | UHY LLP |
| Accountancy firm EIN | 2023-01-01 | 200694403 |
| 2022 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2022 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-77,968,179 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-77,968,179 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $218,988 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $355,386 |
| Total income from all sources (including contributions) | 2022-12-31 | $-67,016,559 |
| Total loss/gain on sale of assets | 2022-12-31 | $1,496,458 |
| Total of all expenses incurred | 2022-12-31 | $33,816,019 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $31,401,648 |
| Value of total assets at end of year | 2022-12-31 | $307,658,810 |
| Value of total assets at beginning of year | 2022-12-31 | $408,627,786 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,414,371 |
| Total interest from all sources | 2022-12-31 | $3,662,307 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $5,789,751 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $5,169,308 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $859,712 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $933,436 |
| Other income not declared elsewhere | 2022-12-31 | $3,104 |
| Administrative expenses (other) incurred | 2022-12-31 | $1,756,039 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $207,726 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $321,403 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-100,832,578 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $307,439,822 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $408,272,400 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2022-12-31 | $41,187,952 |
| Assets. partnership/joint venture interests at beginning of year | 2022-12-31 | $45,139,278 |
| Investment advisory and management fees | 2022-12-31 | $658,332 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $138,726,386 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $181,210,273 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $0 |
| Interest earned on other investments | 2022-12-31 | $3,553,185 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $15,306,666 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $27,024,979 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $3,296,930 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $5,547,357 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $5,547,357 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $109,122 |
| Asset value of US Government securities at end of year | 2022-12-31 | $11,639,515 |
| Asset value of US Government securities at beginning of year | 2022-12-31 | $12,417,246 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Income. Dividends from common stock | 2022-12-31 | $620,443 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $31,401,648 |
| Asset. Corporate debt instrument debt (other) at end of year | 2022-12-31 | $65,029,166 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $91,795,525 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $31,612,483 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $44,559,692 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Aggregate proceeds on sale of assets | 2022-12-31 | $157,297,953 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $155,801,495 |
| Liabilities. Value of acquisition indebtedness at end of year | 2022-12-31 | $11,262 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2022-12-31 | $33,983 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | UHY LLP |
| Accountancy firm EIN | 2022-12-31 | 200694403 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $-77,968,179 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $-77,968,179 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $218,988 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $355,386 |
| Total income from all sources (including contributions) | 2022-01-01 | $-67,016,559 |
| Total loss/gain on sale of assets | 2022-01-01 | $1,496,458 |
| Total of all expenses incurred | 2022-01-01 | $33,816,019 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $31,401,648 |
| Value of total assets at end of year | 2022-01-01 | $307,658,810 |
| Value of total assets at beginning of year | 2022-01-01 | $408,627,786 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $2,414,371 |
| Total interest from all sources | 2022-01-01 | $3,662,307 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $5,789,751 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $5,169,308 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $859,712 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $933,436 |
| Other income not declared elsewhere | 2022-01-01 | $3,104 |
| Administrative expenses (other) incurred | 2022-01-01 | $1,756,039 |
| Liabilities. Value of operating payables at end of year | 2022-01-01 | $207,726 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-01 | $321,403 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-100,832,578 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $307,439,822 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $408,272,400 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Assets. partnership/joint venture interests at end of year | 2022-01-01 | $41,187,952 |
| Assets. partnership/joint venture interests at beginning of year | 2022-01-01 | $45,139,278 |
| Investment advisory and management fees | 2022-01-01 | $658,332 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $138,726,386 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $181,210,273 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $0 |
| Interest earned on other investments | 2022-01-01 | $3,553,185 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $15,306,666 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $27,024,979 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $3,296,930 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $109,122 |
| Asset value of US Government securities at end of year | 2022-01-01 | $11,639,515 |
| Asset value of US Government securities at beginning of year | 2022-01-01 | $12,417,246 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Income. Dividends from common stock | 2022-01-01 | $620,443 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $31,401,648 |
| Asset. Corporate debt instrument debt (other) at end of year | 2022-01-01 | $65,029,166 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2022-01-01 | $91,795,525 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-01-01 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-01-01 | $31,612,483 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-01-01 | $44,559,692 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Aggregate proceeds on sale of assets | 2022-01-01 | $157,297,953 |
| Aggregate carrying amount (costs) on sale of assets | 2022-01-01 | $155,801,495 |
| Liabilities. Value of acquisition indebtedness at end of year | 2022-01-01 | $11,262 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2022-01-01 | $33,983 |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | UHY LLP |
| Accountancy firm EIN | 2022-01-01 | 200694403 |
| 2021 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2021 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $-8,766,947 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $-8,766,947 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $355,386 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $314,088 |
| Total income from all sources (including contributions) | 2021-12-31 | $28,986,740 |
| Total loss/gain on sale of assets | 2021-12-31 | $26,078,536 |
| Total of all expenses incurred | 2021-12-31 | $32,984,144 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $30,210,742 |
| Value of total assets at end of year | 2021-12-31 | $408,627,786 |
| Value of total assets at beginning of year | 2021-12-31 | $412,583,892 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,773,402 |
| Total interest from all sources | 2021-12-31 | $5,564,991 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $6,108,493 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $5,550,206 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $933,436 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $900,589 |
| Other income not declared elsewhere | 2021-12-31 | $1,667 |
| Administrative expenses (other) incurred | 2021-12-31 | $1,784,900 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $321,403 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $313,122 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-3,997,404 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $408,272,400 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $412,269,804 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2021-12-31 | $45,139,278 |
| Assets. partnership/joint venture interests at beginning of year | 2021-12-31 | $43,336,599 |
| Investment advisory and management fees | 2021-12-31 | $988,502 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $181,210,273 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $141,078,875 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $0 |
| Interest earned on other investments | 2021-12-31 | $5,540,230 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $27,024,979 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $47,464,441 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $5,547,357 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $28,282,646 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $28,282,646 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $24,761 |
| Asset value of US Government securities at end of year | 2021-12-31 | $12,417,246 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $11,420,822 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Income. Dividends from common stock | 2021-12-31 | $558,287 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $30,210,742 |
| Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $91,795,525 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $94,211,880 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $44,559,692 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $45,888,040 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $202,716,411 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $176,637,875 |
| Liabilities. Value of acquisition indebtedness at end of year | 2021-12-31 | $33,983 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2021-12-31 | $966 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | UHY LLP |
| Accountancy firm EIN | 2021-12-31 | 200694403 |
| 2020 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2020 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $22,737,644 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $22,737,644 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $314,088 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $259,224 |
| Total income from all sources (including contributions) | 2020-12-31 | $63,568,589 |
| Total loss/gain on sale of assets | 2020-12-31 | $10,167,941 |
| Total of all expenses incurred | 2020-12-31 | $30,937,239 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $28,471,989 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $21,375,000 |
| Value of total assets at end of year | 2020-12-31 | $412,583,892 |
| Value of total assets at beginning of year | 2020-12-31 | $379,897,678 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,465,250 |
| Total interest from all sources | 2020-12-31 | $5,436,120 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $3,846,105 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $3,388,616 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $900,589 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $1,040,248 |
| Other income not declared elsewhere | 2020-12-31 | $5,779 |
| Administrative expenses (other) incurred | 2020-12-31 | $1,643,775 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $313,122 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $249,524 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $32,631,350 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $412,269,804 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $379,638,454 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2020-12-31 | $43,336,599 |
| Assets. partnership/joint venture interests at beginning of year | 2020-12-31 | $71,437,150 |
| Investment advisory and management fees | 2020-12-31 | $821,475 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $141,078,875 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $108,813,485 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $5,398,981 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $47,464,441 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $35,664,681 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $28,282,646 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $20,902,331 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $20,902,331 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $37,139 |
| Asset value of US Government securities at end of year | 2020-12-31 | $11,420,822 |
| Asset value of US Government securities at beginning of year | 2020-12-31 | $9,656,633 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $21,375,000 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $2,375,000 |
| Income. Dividends from common stock | 2020-12-31 | $457,489 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $28,471,989 |
| Asset. Corporate debt instrument debt (other) at end of year | 2020-12-31 | $94,211,880 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2020-12-31 | $95,139,017 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $45,888,040 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $34,869,133 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $315,256,706 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $305,088,765 |
| Liabilities. Value of acquisition indebtedness at end of year | 2020-12-31 | $966 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $9,700 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | GRANT THORNTON |
| Accountancy firm EIN | 2020-12-31 | 366055558 |
| 2019 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2019 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $36,270,262 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $36,270,262 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $36,270,262 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $36,270,262 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $259,224 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $259,224 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $337,413 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $337,413 |
| Total income from all sources (including contributions) | 2019-12-31 | $65,527,498 |
| Total income from all sources (including contributions) | 2019-12-31 | $65,527,498 |
| Total loss/gain on sale of assets | 2019-12-31 | $12,462,101 |
| Total loss/gain on sale of assets | 2019-12-31 | $12,462,101 |
| Total of all expenses incurred | 2019-12-31 | $19,341,389 |
| Total of all expenses incurred | 2019-12-31 | $19,341,389 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $16,998,978 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $16,998,978 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $8,375,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $8,375,000 |
| Value of total assets at end of year | 2019-12-31 | $379,897,678 |
| Value of total assets at end of year | 2019-12-31 | $379,897,678 |
| Value of total assets at beginning of year | 2019-12-31 | $333,789,758 |
| Value of total assets at beginning of year | 2019-12-31 | $333,789,758 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,342,411 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,342,411 |
| Total interest from all sources | 2019-12-31 | $5,525,590 |
| Total interest from all sources | 2019-12-31 | $5,525,590 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,454,613 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,454,613 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $9,779,594 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $9,779,594 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $1,040,248 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $1,040,248 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $1,271,983 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $1,271,983 |
| Other income not declared elsewhere | 2019-12-31 | $439,932 |
| Other income not declared elsewhere | 2019-12-31 | $439,932 |
| Administrative expenses (other) incurred | 2019-12-31 | $1,435,162 |
| Administrative expenses (other) incurred | 2019-12-31 | $1,435,162 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $249,524 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $319,764 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $319,764 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | 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 | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $46,186,109 |
| Value of net income/loss | 2019-12-31 | $46,186,109 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $379,638,454 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $379,638,454 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $333,452,345 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $333,452,345 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2019-12-31 | $71,437,150 |
| Assets. partnership/joint venture interests at end of year | 2019-12-31 | $71,437,150 |
| Assets. partnership/joint venture interests at beginning of year | 2019-12-31 | $67,148,054 |
| Assets. partnership/joint venture interests at beginning of year | 2019-12-31 | $67,148,054 |
| Investment advisory and management fees | 2019-12-31 | $907,249 |
| Investment advisory and management fees | 2019-12-31 | $907,249 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $108,813,485 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $108,813,485 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $77,923,948 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $77,923,948 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
| Interest earned on other investments | 2019-12-31 | $5,398,553 |
| Interest earned on other investments | 2019-12-31 | $5,398,553 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $35,664,681 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $35,664,681 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $31,216,469 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $31,216,469 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $20,902,331 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $20,902,331 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $6,028,505 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $6,028,505 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $6,028,505 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $6,028,505 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $127,037 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $127,037 |
| Asset value of US Government securities at end of year | 2019-12-31 | $9,656,633 |
| Asset value of US Government securities at end of year | 2019-12-31 | $9,656,633 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $5,335,955 |
| Asset value of US Government securities at beginning of year | 2019-12-31 | $5,335,955 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $8,375,000 |
| Contributions received in cash from employer | 2019-12-31 | $8,375,000 |
| Employer contributions (assets) at end of year | 2019-12-31 | $2,375,000 |
| Employer contributions (assets) at end of year | 2019-12-31 | $2,375,000 |
| Income. Dividends from common stock | 2019-12-31 | $2,454,613 |
| Income. Dividends from common stock | 2019-12-31 | $2,454,613 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $16,998,978 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $16,998,978 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $95,139,017 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-12-31 | $95,139,017 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $108,556,451 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-12-31 | $108,556,451 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $34,869,133 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $34,869,133 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $26,528,799 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $26,528,799 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $186,121,845 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $186,121,845 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $173,659,744 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $173,659,744 |
| Liabilities. Value of acquisition indebtedness at end of year | 2019-12-31 | $9,700 |
| Liabilities. Value of acquisition indebtedness at end of year | 2019-12-31 | $9,700 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $17,649 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $17,649 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | GRANT THORNTON |
| Accountancy firm name | 2019-12-31 | GRANT THORNTON |
| Accountancy firm EIN | 2019-12-31 | 366055558 |
| Accountancy firm EIN | 2019-12-31 | 366055558 |
| 2018 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2018 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-28,416,428 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-28,416,428 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $337,413 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $322,954 |
| Total income from all sources (including contributions) | 2018-12-31 | $-2,248,188 |
| Total loss/gain on sale of assets | 2018-12-31 | $5,618,303 |
| Total of all expenses incurred | 2018-12-31 | $73,777,637 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $71,411,131 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $10,794,901 |
| Value of total assets at end of year | 2018-12-31 | $333,789,758 |
| Value of total assets at beginning of year | 2018-12-31 | $409,801,124 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $2,366,506 |
| Total interest from all sources | 2018-12-31 | $6,918,999 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $2,481,752 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $293,632 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $9,779,594 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $11,174,558 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $1,271,983 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $1,405,386 |
| Other income not declared elsewhere | 2018-12-31 | $354,285 |
| Administrative expenses (other) incurred | 2018-12-31 | $1,033,843 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $319,764 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $321,554 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-76,025,825 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $333,452,345 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $409,478,170 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2018-12-31 | $67,148,054 |
| Assets. partnership/joint venture interests at beginning of year | 2018-12-31 | $75,466,793 |
| Investment advisory and management fees | 2018-12-31 | $1,039,031 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $77,923,948 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $92,084,967 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $0 |
| Interest earned on other investments | 2018-12-31 | $6,769,554 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $31,216,469 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $43,356,064 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $6,028,505 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $8,512,477 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $8,512,477 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $149,445 |
| Asset value of US Government securities at end of year | 2018-12-31 | $5,335,955 |
| Asset value of US Government securities at beginning of year | 2018-12-31 | $17,237,891 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $10,794,901 |
| Income. Dividends from common stock | 2018-12-31 | $2,481,752 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $71,411,131 |
| Asset. Corporate debt instrument debt (other) at end of year | 2018-12-31 | $108,556,451 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2018-12-31 | $127,400,640 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $26,528,799 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $33,162,348 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Aggregate proceeds on sale of assets | 2018-12-31 | $245,520,722 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $239,902,419 |
| Liabilities. Value of acquisition indebtedness at end of year | 2018-12-31 | $17,649 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $1,400 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | GRANT THORNTON |
| Accountancy firm EIN | 2018-12-31 | 366055558 |
| 2017 : THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2017 401k financial data | ||
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $1,074,042 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $1,074,042 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $322,954 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $1,115,514 |
| Total income from all sources (including contributions) | 2017-12-31 | $68,457,904 |
| Total loss/gain on sale of assets | 2017-12-31 | $40,026,533 |
| Total of all expenses incurred | 2017-12-31 | $20,852,449 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $18,534,352 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $17,424,361 |
| Value of total assets at end of year | 2017-12-31 | $409,801,124 |
| Value of total assets at beginning of year | 2017-12-31 | $362,988,229 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,318,097 |
| Total interest from all sources | 2017-12-31 | $6,736,618 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $3,192,913 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $279,600 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $11,174,558 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $13,978,881 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $1,405,386 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $551,448 |
| Other income not declared elsewhere | 2017-12-31 | $3,437 |
| Administrative expenses (other) incurred | 2017-12-31 | $910,011 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $321,554 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $1,043,765 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $47,605,455 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $409,478,170 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $361,872,715 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Assets. partnership/joint venture interests at end of year | 2017-12-31 | $75,466,793 |
| Assets. partnership/joint venture interests at beginning of year | 2017-12-31 | $70,398,500 |
| Investment advisory and management fees | 2017-12-31 | $1,128,486 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $92,084,967 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $82,153,577 |
| Interest earned on other investments | 2017-12-31 | $6,674,083 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $43,356,064 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $73,488,768 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $8,512,477 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $3,074,270 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $3,074,270 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $62,535 |
| Asset value of US Government securities at end of year | 2017-12-31 | $17,237,891 |
| Asset value of US Government securities at beginning of year | 2017-12-31 | $35,363,272 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $17,424,361 |
| Income. Dividends from common stock | 2017-12-31 | $3,192,913 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $18,534,352 |
| Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $127,400,640 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $42,434,625 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $33,162,348 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $41,544,888 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Aggregate proceeds on sale of assets | 2017-12-31 | $414,312,418 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $374,285,885 |
| Liabilities. Value of acquisition indebtedness at end of year | 2017-12-31 | $1,400 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $71,749 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | KPMG LLP |
| Accountancy firm EIN | 2017-12-31 | 135565207 |
| 2023: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2023 form 5500 responses | ||
|---|---|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2022: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2022 form 5500 responses | ||
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | Plan funding arrangement – Trust | Yes |
| 2022-01-01 | Plan benefit arrangement - Trust | Yes |
| 2021: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2021 form 5500 responses | ||
| 2021-01-01 | Type of plan entity | Single employer plan |
| 2021-01-01 | Plan funding arrangement – Trust | Yes |
| 2021-01-01 | Plan benefit arrangement - Trust | Yes |
| 2020: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2020 form 5500 responses | ||
| 2020-01-01 | Type of plan entity | Single employer plan |
| 2020-01-01 | Plan funding arrangement – Trust | Yes |
| 2020-01-01 | Plan benefit arrangement - Trust | Yes |
| 2019: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2019 form 5500 responses | ||
| 2019-01-01 | Type of plan entity | Single employer plan |
| 2019-01-01 | Plan funding arrangement – Trust | Yes |
| 2019-01-01 | Plan benefit arrangement - Trust | Yes |
| 2018: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2018 form 5500 responses | ||
| 2018-01-01 | Type of plan entity | Single employer plan |
| 2018-01-01 | Plan funding arrangement – Trust | Yes |
| 2018-01-01 | Plan benefit arrangement - Trust | Yes |
| 2017: THE ALBANY MEDICAL CENTER RETIREMENT PLAN 2017 form 5500 responses | ||
| 2017-01-01 | Type of plan entity | Single employer plan |
| 2017-01-01 | Plan funding arrangement – Trust | Yes |
| 2017-01-01 | Plan benefit arrangement - Trust | Yes |