THOMAS JEFFERSON UNIVERSITY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan JEFFERSON DEFINED BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2022: JEFFERSON DEFINED BENEFIT PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 1,911,897,911 |
| Acturial value of plan assets | 2022-12-31 | 1,828,436,847 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 709,359,639 |
| Number of terminated vested participants | 2022-12-31 | 8,241 |
| Fundng target for terminated vested participants | 2022-12-31 | 338,368,828 |
| Active participant vested funding target | 2022-12-31 | 576,813,045 |
| Number of active participants | 2022-12-31 | 7,255 |
| Total funding liabilities for active participants | 2022-12-31 | 582,339,131 |
| Total participant count | 2022-12-31 | 22,518 |
| Total funding target for all participants | 2022-12-31 | 1,630,067,598 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 55,186,529 |
| Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
| Amount remaining of carryover balance | 2022-12-31 | 0 |
| Amount remaining of prefunding balance | 2022-12-31 | 55,186,529 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 2,900,000 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 58,014,891 |
| Total employer contributions | 2022-12-31 | 46,644,361 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 44,313,506 |
| Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 45,322,278 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 44,313,506 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 22,511 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 6,814 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 4,710 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 8,599 |
| Total of all active and inactive participants | 2022-01-01 | 20,123 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 279 |
| Total participants | 2022-01-01 | 20,402 |
| Number of participants with account balances | 2022-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 7 |
| 2021: JEFFERSON DEFINED BENEFIT PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 1,812,033,091 |
| Acturial value of plan assets | 2021-12-31 | 1,675,994,252 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 641,436,001 |
| Number of terminated vested participants | 2021-12-31 | 8,094 |
| Fundng target for terminated vested participants | 2021-12-31 | 310,863,433 |
| Active participant vested funding target | 2021-12-31 | 610,972,642 |
| Number of active participants | 2021-12-31 | 8,092 |
| Total funding liabilities for active participants | 2021-12-31 | 618,446,113 |
| Total participant count | 2021-12-31 | 22,865 |
| Total funding target for all participants | 2021-12-31 | 1,570,745,547 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 52,892,416 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 3,772,230 |
| Amount remaining of carryover balance | 2021-12-31 | 0 |
| Amount remaining of prefunding balance | 2021-12-31 | 49,120,186 |
| Present value of excess contributions | 2021-12-31 | 12,814,150 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 14,019,396 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 55,186,529 |
| Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 22,104,916 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 22,865 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 7,255 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 6,555 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 8,198 |
| Total of all active and inactive participants | 2021-01-01 | 22,008 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 503 |
| Total participants | 2021-01-01 | 22,511 |
| Number of participants with account balances | 2021-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 12 |
| 2020: JEFFERSON DEFINED BENEFIT PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 1,676,363,269 |
| Acturial value of plan assets | 2020-12-31 | 1,596,406,837 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 576,261,189 |
| Number of terminated vested participants | 2020-12-31 | 8,029 |
| Fundng target for terminated vested participants | 2020-12-31 | 295,583,327 |
| Active participant vested funding target | 2020-12-31 | 616,352,702 |
| Number of active participants | 2020-12-31 | 8,855 |
| Total funding liabilities for active participants | 2020-12-31 | 626,721,830 |
| Total participant count | 2020-12-31 | 23,231 |
| Total funding target for all participants | 2020-12-31 | 1,498,566,346 |
| Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 45,106,834 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 16,796,502 |
| Amount remaining of carryover balance | 2020-12-31 | 0 |
| Amount remaining of prefunding balance | 2020-12-31 | 28,310,332 |
| Present value of excess contributions | 2020-12-31 | 15,272,740 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 19,388,743 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 18,534,997 |
| Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2020-12-31 | 52,892,416 |
| Total employer contributions | 2020-12-31 | 14,000,000 |
| Total employee contributions | 2020-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 12,814,150 |
| Liquidity shortfalls end of Q1 | 2020-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2020-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2020-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 48,720,305 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
| Waiver amortization installment | 2020-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 3,772,230 |
| Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 3,772,230 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 12,814,150 |
| Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
| Total participants, beginning-of-year | 2020-01-01 | 23,231 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 8,092 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 6,237 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 8,064 |
| Total of all active and inactive participants | 2020-01-01 | 22,393 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 472 |
| Total participants | 2020-01-01 | 22,865 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 10 |
| 2019: JEFFERSON DEFINED BENEFIT PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 1,410,209,629 |
| Acturial value of plan assets | 2019-12-31 | 1,487,706,553 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 543,871,515 |
| Number of terminated vested participants | 2019-12-31 | 7,978 |
| Fundng target for terminated vested participants | 2019-12-31 | 285,899,310 |
| Active participant vested funding target | 2019-12-31 | 630,434,515 |
| Number of active participants | 2019-12-31 | 9,610 |
| Total funding liabilities for active participants | 2019-12-31 | 634,835,812 |
| Total participant count | 2019-12-31 | 23,656 |
| Total funding target for all participants | 2019-12-31 | 1,464,606,637 |
| Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 88,496,990 |
| Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 8,917,806 |
| Amount remaining of carryover balance | 2019-12-31 | 0 |
| Amount remaining of prefunding balance | 2019-12-31 | 79,579,184 |
| Present value of excess contributions | 2019-12-31 | 20,785,889 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 20,970,683 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 30,000,000 |
| Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 45,106,834 |
| Total employer contributions | 2019-12-31 | 42,142,376 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 39,466,044 |
| Liquidity shortfalls end of Q1 | 2019-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2019-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2019-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2019-12-31 | 52,686,691 |
| Net shortfall amortization installment of oustanding balance | 2019-12-31 | 22,006,918 |
| Waived amount of outstanding balance | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 56,262,546 |
| Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 16,796,502 |
| Additional cash requirement | 2019-12-31 | 39,466,044 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 39,466,044 |
| Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
| Total participants, beginning-of-year | 2019-01-01 | 23,656 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 8,855 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 5,936 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 7,989 |
| Total of all active and inactive participants | 2019-01-01 | 22,780 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 451 |
| Total participants | 2019-01-01 | 23,231 |
| Number of participants with account balances | 2019-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 14 |
| 2018: JEFFERSON DEFINED BENEFIT PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 1,521,777,655 |
| Acturial value of plan assets | 2018-12-31 | 1,434,011,054 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 463,889,402 |
| Number of terminated vested participants | 2018-12-31 | 8,328 |
| Fundng target for terminated vested participants | 2018-12-31 | 267,842,110 |
| Active participant vested funding target | 2018-12-31 | 586,244,653 |
| Number of active participants | 2018-12-31 | 10,180 |
| Total funding liabilities for active participants | 2018-12-31 | 589,499,651 |
| Total participant count | 2018-12-31 | 24,253 |
| Total funding target for all participants | 2018-12-31 | 1,321,231,163 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 84,696,530 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 8,951,486 |
| Amount remaining of prefunding balance | 2018-12-31 | 75,745,044 |
| Present value of excess contributions | 2018-12-31 | 24,443,656 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 26,050,013 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 88,496,990 |
| Total employer contributions | 2018-12-31 | 32,450,000 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 30,456,840 |
| Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 42,871,658 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 18,588,757 |
| Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 8,917,806 |
| Additional cash requirement | 2018-12-31 | 9,670,951 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 30,456,840 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| Total participants, beginning-of-year | 2018-01-01 | 0 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 9,610 |
| Number of retired or separated participants receiving benefits | 2018-01-01 | 5,668 |
| Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 7,943 |
| Total of all active and inactive participants | 2018-01-01 | 23,221 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 435 |
| Total participants | 2018-01-01 | 23,656 |
| Number of participants with account balances | 2018-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 37 |
| Measure | Date | Value |
|---|
| 2022 : JEFFERSON DEFINED BENEFIT PLAN 2022 401k financial data |
|---|
| Total transfer of assets to this plan | 2022-12-31 | $69,308,371 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $175,968 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $175,968 |
| Total income from all sources (including contributions) | 2022-12-31 | $-271,703,924 |
| Total of all expenses incurred | 2022-12-31 | $150,774,482 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $131,106,801 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $46,644,361 |
| Value of total assets at end of year | 2022-12-31 | $1,977,621,329 |
| Value of total assets at beginning of year | 2022-12-31 | $1,977,621,329 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $19,667,681 |
| Total interest from all sources | 2022-12-31 | $5,649 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $1,869,768,137 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $1,869,768,137 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $51,409,919 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $1,706 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $1,706 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $175,968 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $175,968 |
| Administrative expenses (other) incurred | 2022-12-31 | $19,667,681 |
| 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 | $-422,478,406 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,977,445,361 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,977,445,361 |
| 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 | $69,988,853 |
| Assets. partnership/joint venture interests at beginning of year | 2022-12-31 | $69,988,853 |
| Interest earned on other investments | 2022-12-31 | $5,649 |
| Value of interest in master investment trust accounts at end of year | 2022-12-31 | $1,604,407,767 |
| Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $37,862,633 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $37,862,633 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $37,862,633 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-95,473,052 |
| 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 |
| Contributions received in cash from employer | 2022-12-31 | $46,644,361 |
| Employer contributions (assets) at end of year | 2022-12-31 | $19,285,704 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $79,696,882 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | WITHUMSMITH+BROWN, PC |
| Accountancy firm EIN | 2022-12-31 | 222027092 |
| 2021 : JEFFERSON DEFINED BENEFIT PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $175,968 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $175,386 |
| Total income from all sources (including contributions) | 2021-12-31 | $251,772,052 |
| Total of all expenses incurred | 2021-12-31 | $87,382,403 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $72,884,453 |
| Value of total assets at end of year | 2021-12-31 | $1,977,621,329 |
| Value of total assets at beginning of year | 2021-12-31 | $1,813,231,098 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $14,497,950 |
| Total interest from all sources | 2021-12-31 | $39,971 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $59 |
| 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 | $59 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2021-12-31 | 0 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2021-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $1,869,768,137 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $1,714,097,711 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $1,706 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $1,932 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $175,968 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $175,386 |
| Other income not declared elsewhere | 2021-12-31 | $127,008 |
| Administrative expenses (other) incurred | 2021-12-31 | $14,497,950 |
| 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 | $164,389,649 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,977,445,361 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,813,055,712 |
| 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 | $69,988,853 |
| Assets. partnership/joint venture interests at beginning of year | 2021-12-31 | $49,979,266 |
| Interest earned on other investments | 2021-12-31 | $39,971 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $37,862,633 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $35,152,189 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $35,152,189 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $251,605,014 |
| 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 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $14,000,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $72,884,453 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | WITHUMSMITH+BROWN, PC |
| Accountancy firm EIN | 2021-12-31 | 222027092 |
| 2020 : JEFFERSON DEFINED BENEFIT PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $175,386 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,172,728 |
| Total income from all sources (including contributions) | 2020-12-31 | $222,590,899 |
| Total of all expenses incurred | 2020-12-31 | $83,326,372 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $67,812,849 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $16,879,830 |
| Value of total assets at end of year | 2020-12-31 | $1,813,231,098 |
| Value of total assets at beginning of year | 2020-12-31 | $1,674,963,913 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $15,513,523 |
| Total interest from all sources | 2020-12-31 | $-146,386 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,980 |
| 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 | $1,980 |
| 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 |
| Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2020-12-31 | 0 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2020-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $1,714,097,711 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $1,595,237,381 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $1,932 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $27,338 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $175,386 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $1,172,728 |
| Other income not declared elsewhere | 2020-12-31 | $330,830 |
| Administrative expenses (other) incurred | 2020-12-31 | $15,513,523 |
| 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 | $139,264,527 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,813,055,712 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $1,673,791,185 |
| 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 | $49,979,266 |
| Assets. partnership/joint venture interests at beginning of year | 2020-12-31 | $19,365,613 |
| Interest earned on other investments | 2020-12-31 | $-146,386 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $35,152,189 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $15,051,835 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $15,051,835 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $205,524,645 |
| 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 | $16,879,830 |
| Employer contributions (assets) at end of year | 2020-12-31 | $14,000,000 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $45,281,746 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $67,812,849 |
| 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 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | WITHUMSMITH+BROWN, PC |
| Accountancy firm EIN | 2020-12-31 | 222027092 |
| 2019 : JEFFERSON DEFINED BENEFIT PLAN 2019 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,172,728 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $2,239,827 |
| Total income from all sources (including contributions) | 2019-12-31 | $350,583,008 |
| Total of all expenses incurred | 2019-12-31 | $87,330,456 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $66,981,318 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $56,262,546 |
| Value of total assets at end of year | 2019-12-31 | $1,674,963,913 |
| Value of total assets at beginning of year | 2019-12-31 | $1,412,778,460 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $20,349,138 |
| Total interest from all sources | 2019-12-31 | $-699,783 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $4,235 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $4,235 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $15,000,000 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $1,595,237,381 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $1,249,513,574 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $27,338 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $77,459 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,172,728 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $2,239,827 |
| Other income not declared elsewhere | 2019-12-31 | $89,320 |
| Administrative expenses (other) incurred | 2019-12-31 | $20,349,138 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $2,152,260 |
| 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 | $263,252,552 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $1,673,791,185 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $1,410,538,633 |
| 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 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 | $19,365,613 |
| Assets. partnership/joint venture interests at beginning of year | 2019-12-31 | $22,871,590 |
| Interest earned on other investments | 2019-12-31 | $-699,783 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $80,343,144 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $15,051,835 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $37,170,433 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $37,170,433 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $294,926,690 |
| 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 |
| 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 | $56,262,546 |
| Employer contributions (assets) at end of year | 2019-12-31 | $45,281,746 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $20,650,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $66,981,318 |
| 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 |
| 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 |
| 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 |
| Accountancy firm name | 2019-12-31 | WITHUMSMITH+BROWN, PC |
| Accountancy firm EIN | 2019-12-31 | 222027092 |
| 2018 : JEFFERSON DEFINED BENEFIT PLAN 2018 401k financial data |
|---|
| Total transfer of assets to this plan | 2018-12-31 | $1,506,292,310 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $2,239,827 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $-35,027,816 |
| Total of all expenses incurred | 2018-12-31 | $60,725,861 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $57,607,303 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $48,450,000 |
| Value of total assets at end of year | 2018-12-31 | $1,412,778,460 |
| Value of total assets at beginning of year | 2018-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $3,118,558 |
| Total interest from all sources | 2018-12-31 | $2,362,780 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $292,508 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $292,508 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $15,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2018-12-31 | 0 |
| Minimum employer required contribution for this plan year | 2018-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2018-12-31 | $0 |
| 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 | $1,249,513,574 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $77,459 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $2,239,827 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
| Other income not declared elsewhere | 2018-12-31 | $547,115 |
| Administrative expenses (other) incurred | 2018-12-31 | $3,118,558 |
| Total non interest bearing cash at end of year | 2018-12-31 | $2,152,260 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-95,753,677 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $1,410,538,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $0 |
| 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 | $22,871,590 |
| Assets. partnership/joint venture interests at beginning of year | 2018-12-31 | $0 |
| Interest earned on other investments | 2018-12-31 | $2,362,780 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $80,343,144 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $37,170,433 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-86,680,219 |
| 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 | $48,450,000 |
| Employer contributions (assets) at end of year | 2018-12-31 | $20,650,000 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $57,607,303 |
| 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 |
| 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 | WITHUMSMITH+BROWN, PC |
| Accountancy firm EIN | 2018-12-31 | 222027092 |
