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SOMERSET HOSPITAL 403(B) PLAN 401k Plan overview

Plan NameSOMERSET HOSPITAL 403(B) PLAN
Plan identification number 003

SOMERSET HOSPITAL 403(B) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.

401k Sponsoring company profile

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

Company Name:SOMERSET HOSPITAL
Employer identification number (EIN):250965570
NAIC Classification:622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOMERSET HOSPITAL 403(B) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01CRAIG SPROCK
0032016-01-01MATT KOCIOLA MATT KOCIOLA2017-08-16
0032015-01-01MATT KOCIOLA MATT KOCIOLA2016-08-31
0032014-01-01MATT KOCIOLA
0032013-01-01MATT KOCIOLA
0032012-01-01RON PARK
0032011-01-01RON PARK
0032010-01-01RON PARK
0032009-01-01RON PARK

Plan Statistics for SOMERSET HOSPITAL 403(B) PLAN

401k plan membership statisitcs for SOMERSET HOSPITAL 403(B) PLAN

Measure Date Value
2022: SOMERSET HOSPITAL 403(B) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01780
Total number of active participants reported on line 7a of the Form 55002022-01-01665
Number of retired or separated participants receiving benefits2022-01-0116
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01681
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01683
Number of participants with account balances2022-01-01683
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SOMERSET HOSPITAL 403(B) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01957
Total number of active participants reported on line 7a of the Form 55002021-01-01762
Number of retired or separated participants receiving benefits2021-01-0116
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01778
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-012
Total participants2021-01-01780
Number of participants with account balances2021-01-01780
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: SOMERSET HOSPITAL 403(B) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01753
Total number of active participants reported on line 7a of the Form 55002020-01-01845
Number of retired or separated participants receiving benefits2020-01-0188
Number of other retired or separated participants entitled to future benefits2020-01-0123
Total of all active and inactive participants2020-01-01956
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01957
Number of participants with account balances2020-01-01933
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SOMERSET HOSPITAL 403(B) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01779
Total number of active participants reported on line 7a of the Form 55002019-01-01628
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01123
Total of all active and inactive participants2019-01-01751
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01751
Number of participants with account balances2019-01-01686
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SOMERSET HOSPITAL 403(B) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01758
Total number of active participants reported on line 7a of the Form 55002018-01-01608
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01172
Total of all active and inactive participants2018-01-01780
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01780
Number of participants with account balances2018-01-01706
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SOMERSET HOSPITAL 403(B) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01757
Total number of active participants reported on line 7a of the Form 55002017-01-01630
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01138
Total of all active and inactive participants2017-01-01768
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01768
Number of participants with account balances2017-01-01681
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: SOMERSET HOSPITAL 403(B) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01826
Total number of active participants reported on line 7a of the Form 55002016-01-01621
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01152
Total of all active and inactive participants2016-01-01773
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01773
Number of participants with account balances2016-01-01680
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: SOMERSET HOSPITAL 403(B) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01814
Total number of active participants reported on line 7a of the Form 55002015-01-01687
Number of other retired or separated participants entitled to future benefits2015-01-01156
Total of all active and inactive participants2015-01-01843
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01843
Number of participants with account balances2015-01-01726
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: SOMERSET HOSPITAL 403(B) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01831
Total number of active participants reported on line 7a of the Form 55002014-01-01710
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01116
Total of all active and inactive participants2014-01-01826
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01826
Number of participants with account balances2014-01-01700
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SOMERSET HOSPITAL 403(B) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01774
Total number of active participants reported on line 7a of the Form 55002013-01-01729
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01117
Total of all active and inactive participants2013-01-01846
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01846
Number of participants with account balances2013-01-01715
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: SOMERSET HOSPITAL 403(B) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01882
Total number of active participants reported on line 7a of the Form 55002012-01-01722
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01227
Total of all active and inactive participants2012-01-01949
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01949
Number of participants with account balances2012-01-01830
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SOMERSET HOSPITAL 403(B) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01870
Total number of active participants reported on line 7a of the Form 55002011-01-01717
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01225
Total of all active and inactive participants2011-01-01942
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01942
Number of participants with account balances2011-01-01808
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: SOMERSET HOSPITAL 403(B) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01797
Total number of active participants reported on line 7a of the Form 55002010-01-01653
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-01180
Total of all active and inactive participants2010-01-01833
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01833
Number of participants with account balances2010-01-01747
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: SOMERSET HOSPITAL 403(B) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01832
Total number of active participants reported on line 7a of the Form 55002009-01-01622
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01153
Total of all active and inactive participants2009-01-01775
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01775
Number of participants with account balances2009-01-01733
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SOMERSET HOSPITAL 403(B) PLAN

Measure Date Value
2022 : SOMERSET HOSPITAL 403(B) PLAN 2022 401k financial data
Total transfer of assets from this plan2022-12-31$590,136
Total income from all sources (including contributions)2022-12-31$-6,231,481
Total of all expenses incurred2022-12-31$3,148,499
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,958,286
Value of total assets at end of year2022-12-31$33,782,229
Value of total assets at beginning of year2022-12-31$43,752,345
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$190,213
Total interest from all sources2022-12-31$82,501
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,160,483
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,160,483
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Participant contributions at end of year2022-12-31$84,153
Participant contributions at beginning of year2022-12-31$204,553
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-9,379,980
Value of net assets at end of year (total assets less liabilities)2022-12-31$33,782,229
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$43,752,345
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$29,809,181
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$38,761,237
Interest on participant loans2022-12-31$7,880
Interest earned on other investments2022-12-31$74,621
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$3,888,895
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$4,786,555
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-7,474,465
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,958,286
Contract administrator fees2022-12-31$190,213
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2022-12-31251408703
2021 : SOMERSET HOSPITAL 403(B) PLAN 2021 401k financial data
Total transfer of assets from this plan2021-12-31$2,967,675
Total income from all sources (including contributions)2021-12-31$5,819,030
Total of all expenses incurred2021-12-31$6,521,395
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$6,290,832
Value of total assets at end of year2021-12-31$43,752,345
Value of total assets at beginning of year2021-12-31$47,422,385
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$230,563
Total interest from all sources2021-12-31$108,422
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,849,892
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,849,892
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Participant contributions at end of year2021-12-31$204,553
Participant contributions at beginning of year2021-12-31$385,500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-702,365
Value of net assets at end of year (total assets less liabilities)2021-12-31$43,752,345
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$47,422,385
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$38,761,237
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$40,160,296
Interest on participant loans2021-12-31$14,697
Interest earned on other investments2021-12-31$93,725
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$4,786,555
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$6,876,355
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$3,860,716
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$234
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$6,290,832
Contract administrator fees2021-12-31$230,563
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN2021-12-31251408703
2020 : SOMERSET HOSPITAL 403(B) PLAN 2020 401k financial data
Total transfer of assets to this plan2020-12-31$6,559,329
Total income from all sources (including contributions)2020-12-31$8,170,013
Total of all expenses incurred2020-12-31$3,478,581
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$3,282,755
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,592,295
Value of total assets at end of year2020-12-31$47,422,385
Value of total assets at beginning of year2020-12-31$36,171,624
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$195,826
Total interest from all sources2020-12-31$134,684
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$922,824
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$922,824
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$2,013,455
Participant contributions at end of year2020-12-31$385,500
Participant contributions at beginning of year2020-12-31$320,858
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$47,660
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$4,691,432
Value of net assets at end of year (total assets less liabilities)2020-12-31$47,422,385
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$36,171,624
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$40,160,296
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$30,232,253
Interest on participant loans2020-12-31$19,337
Interest earned on other investments2020-12-31$115,347
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$6,876,355
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$5,618,513
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$671,665
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$4,520,210
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$531,180
Employer contributions (assets) at end of year2020-12-31$234
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,611,090
Contract administrator fees2020-12-31$195,826
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BKD, LLP
Accountancy firm EIN2020-12-31440160260
2019 : SOMERSET HOSPITAL 403(B) PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$8,356,504
Total of all expenses incurred2019-12-31$4,301,670
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$4,115,556
Expenses. Certain deemed distributions of participant loans2019-12-31$4,504
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$2,248,967
Value of total assets at end of year2019-12-31$36,171,624
Value of total assets at beginning of year2019-12-31$32,116,790
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$181,610
Total interest from all sources2019-12-31$133,307
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,159,054
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,159,054
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,687,738
Participant contributions at end of year2019-12-31$320,858
Participant contributions at beginning of year2019-12-31$321,098
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$81,273
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,054,834
Value of net assets at end of year (total assets less liabilities)2019-12-31$36,171,624
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$32,116,790
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$30,232,253
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$25,749,449
Interest on participant loans2019-12-31$17,634
Interest earned on other investments2019-12-31$115,673
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$5,618,513
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$6,046,243
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$4,815,176
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$479,956
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$4,115,556
Contract administrator fees2019-12-31$181,610
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BKD, LLP
Accountancy firm EIN2019-12-31440160260
2018 : SOMERSET HOSPITAL 403(B) PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$547,475
Total of all expenses incurred2018-12-31$4,142,957
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,948,204
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,256,806
Value of total assets at end of year2018-12-31$32,116,790
Value of total assets at beginning of year2018-12-31$35,712,272
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$194,753
Total interest from all sources2018-12-31$146,029
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,355,907
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$1,355,907
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,741,973
Participant contributions at end of year2018-12-31$321,098
Participant contributions at beginning of year2018-12-31$338,347
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$26,927
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-3,595,482
Value of net assets at end of year (total assets less liabilities)2018-12-31$32,116,790
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$35,712,272
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$25,749,449
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$29,083,555
Interest on participant loans2018-12-31$15,398
Interest earned on other investments2018-12-31$130,631
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$6,046,243
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$6,290,370
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-3,211,267
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$487,906
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,948,204
Contract administrator fees2018-12-31$194,753
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BKD, LLP
Accountancy firm EIN2018-12-31440160260
2017 : SOMERSET HOSPITAL 403(B) PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$6,842,307
Total of all expenses incurred2017-12-31$2,800,242
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,642,668
Expenses. Certain deemed distributions of participant loans2017-12-31$1,621
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$2,301,081
Value of total assets at end of year2017-12-31$35,712,272
Value of total assets at beginning of year2017-12-31$31,670,207
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$155,953
Total interest from all sources2017-12-31$141,409
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$885,125
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,693,514
Participant contributions at end of year2017-12-31$338,347
Participant contributions at beginning of year2017-12-31$397,688
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$132,462
Administrative expenses (other) incurred2017-12-31$6
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$4,042,065
Value of net assets at end of year (total assets less liabilities)2017-12-31$35,712,272
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$31,670,207
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$29,083,555
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$25,150,945
Interest on participant loans2017-12-31$14,010
Interest earned on other investments2017-12-31$127,399
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$6,290,370
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$6,121,574
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$3,514,692
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$475,105
Income. Dividends from common stock2017-12-31$885,125
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,642,668
Contract administrator fees2017-12-31$155,947
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BKD, LLP
Accountancy firm EIN2017-12-31440160260
2016 : SOMERSET HOSPITAL 403(B) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$4,735,807
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$3,753,332
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$3,619,662
Expenses. Certain deemed distributions of participant loans2016-12-31$600
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,229,260
Value of total assets at end of year2016-12-31$31,670,207
Value of total assets at beginning of year2016-12-31$30,687,732
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$133,070
Total interest from all sources2016-12-31$147,936
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$825,930
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$825,930
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,704,855
Participant contributions at end of year2016-12-31$397,688
Participant contributions at beginning of year2016-12-31$429,526
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$45,065
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$982,475
Value of net assets at end of year (total assets less liabilities)2016-12-31$31,670,207
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$30,687,732
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$25,150,945
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$23,630,402
Interest on participant loans2016-12-31$17,670
Interest earned on other investments2016-12-31$130,266
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$6,121,574
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$6,627,804
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$1,532,681
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$479,340
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$3,619,662
Contract administrator fees2016-12-31$133,070
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BKD, LLP
Accountancy firm EIN2016-12-31440160260
2015 : SOMERSET HOSPITAL 403(B) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$2,780,830
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$2,187,874
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,996,036
Expenses. Certain deemed distributions of participant loans2015-12-31$15,271
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,888,433
Value of total assets at end of year2015-12-31$30,687,732
Value of total assets at beginning of year2015-12-31$30,094,776
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$176,567
Total interest from all sources2015-12-31$153,369
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$1,185,844
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$176,095
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,854,419
Participant contributions at end of year2015-12-31$429,526
Participant contributions at beginning of year2015-12-31$344,863
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$526,096
Administrative expenses (other) incurred2015-12-31$472
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$592,956
Value of net assets at end of year (total assets less liabilities)2015-12-31$30,687,732
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$30,094,776
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$23,630,402
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$23,550,994
Interest on participant loans2015-12-31$16,227
Interest earned on other investments2015-12-31$137,142
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$6,627,804
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$6,198,919
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-1,446,816
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$507,918
Income. Dividends from common stock2015-12-31$1,185,844
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,996,036
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31BKD, LLP
Accountancy firm EIN2015-12-31440160260
2014 : SOMERSET HOSPITAL 403(B) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$4,228,640
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$2,115,458
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,943,119
Expenses. Certain deemed distributions of participant loans2014-12-31$4,094
Value of total corrective distributions2014-12-31$514
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,410,658
Value of total assets at end of year2014-12-31$30,094,776
Value of total assets at beginning of year2014-12-31$27,981,594
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$167,731
Total interest from all sources2014-12-31$145,676
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$952,020
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$952,020
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$1,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,783,377
Participant contributions at end of year2014-12-31$344,863
Participant contributions at beginning of year2014-12-31$342,713
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$138,317
Administrative expenses (other) incurred2014-12-31$68
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$2,113,182
Value of net assets at end of year (total assets less liabilities)2014-12-31$30,094,776
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$27,981,594
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$23,550,994
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$21,763,597
Interest on participant loans2014-12-31$13,586
Interest earned on other investments2014-12-31$132,090
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$6,198,919
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$5,875,284
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$720,286
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$488,964
Income. Dividends from common stock2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,943,119
Contract administrator fees2014-12-31$167,663
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31BKD, LLLP
Accountancy firm EIN2014-12-31440160260
2013 : SOMERSET HOSPITAL 403(B) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$7,162,888
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$2,185,833
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$2,049,530
Value of total corrective distributions2013-12-31$40
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$3,122,491
Value of total assets at end of year2013-12-31$27,981,594
Value of total assets at beginning of year2013-12-31$23,004,539
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$136,263
Total interest from all sources2013-12-31$134,896
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$695,750
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$695,750
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,803,226
Participant contributions at end of year2013-12-31$342,713
Participant contributions at beginning of year2013-12-31$209,046
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$814,763
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$4,977,055
Value of net assets at end of year (total assets less liabilities)2013-12-31$27,981,594
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$23,004,539
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$21,763,597
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$17,000,118
Interest on participant loans2013-12-31$10,171
Interest earned on other investments2013-12-31$124,725
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$5,875,284
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$5,795,375
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$3,209,751
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$504,502
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$2,049,530
Contract administrator fees2013-12-31$136,263
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31BKD, LLP
Accountancy firm EIN2013-12-31440160260
2012 : SOMERSET HOSPITAL 403(B) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$4,839,445
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,548,078
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,459,926
Expenses. Certain deemed distributions of participant loans2012-12-31$7,777
Value of total corrective distributions2012-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,504,508
Value of total assets at end of year2012-12-31$23,004,539
Value of total assets at beginning of year2012-12-31$19,713,172
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$80,375
Total interest from all sources2012-12-31$141,413
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$557,376
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$557,376
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,764,368
Participant contributions at end of year2012-12-31$209,046
Participant contributions at beginning of year2012-12-31$221,453
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$216,087
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$3,291,367
Value of net assets at end of year (total assets less liabilities)2012-12-31$23,004,539
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$19,713,172
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$17,000,118
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$14,748,900
Interest on participant loans2012-12-31$8,861
Interest earned on other investments2012-12-31$132,552
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$5,795,375
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$4,742,819
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,636,148
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$524,053
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,459,926
Contract administrator fees2012-12-31$80,375
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31BKD, LLP
Accountancy firm EIN2012-12-31440160260
2011 : SOMERSET HOSPITAL 403(B) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$2,357,408
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,282,119
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,206,591
Expenses. Certain deemed distributions of participant loans2011-12-31$3,691
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,378,419
Value of total assets at end of year2011-12-31$19,713,172
Value of total assets at beginning of year2011-12-31$18,637,883
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$71,837
Total interest from all sources2011-12-31$156,289
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$417,930
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$417,930
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,678,754
Participant contributions at end of year2011-12-31$221,453
Participant contributions at beginning of year2011-12-31$160,772
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$106,068
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,075,289
Value of net assets at end of year (total assets less liabilities)2011-12-31$19,713,172
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$18,637,883
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$14,748,900
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$14,147,460
Interest on participant loans2011-12-31$8,781
Interest earned on other investments2011-12-31$147,508
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$4,742,819
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$4,329,651
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-595,230
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$593,597
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,206,591
Contract administrator fees2011-12-31$71,837
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31BKD, LLP
Accountancy firm EIN2011-12-31440160260
2010 : SOMERSET HOSPITAL 403(B) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$4,094,603
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,403,299
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,336,602
Expenses. Certain deemed distributions of participant loans2010-12-31$33
Value of total corrective distributions2010-12-31$4,653
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,193,749
Value of total assets at end of year2010-12-31$18,637,883
Value of total assets at beginning of year2010-12-31$15,946,579
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$62,011
Total interest from all sources2010-12-31$152,724
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$368,162
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$368,162
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,591,145
Participant contributions at end of year2010-12-31$160,772
Participant contributions at beginning of year2010-12-31$137,131
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$39,070
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$2,691,304
Value of net assets at end of year (total assets less liabilities)2010-12-31$18,637,883
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$15,946,579
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$14,147,460
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$11,534,062
Interest on participant loans2010-12-31$8,632
Interest earned on other investments2010-12-31$144,092
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$4,329,651
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$4,275,386
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,379,968
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$563,534
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,336,602
Contract administrator fees2010-12-31$62,011
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31BKD, LLP
Accountancy firm EIN2010-12-31440160260

Form 5500 Responses for SOMERSET HOSPITAL 403(B) PLAN

2022: SOMERSET HOSPITAL 403(B) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SOMERSET HOSPITAL 403(B) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SOMERSET HOSPITAL 403(B) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SOMERSET HOSPITAL 403(B) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SOMERSET HOSPITAL 403(B) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SOMERSET HOSPITAL 403(B) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SOMERSET HOSPITAL 403(B) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SOMERSET HOSPITAL 403(B) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SOMERSET HOSPITAL 403(B) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SOMERSET HOSPITAL 403(B) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SOMERSET HOSPITAL 403(B) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SOMERSET HOSPITAL 403(B) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SOMERSET HOSPITAL 403(B) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SOMERSET HOSPITAL 403(B) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VARIABLE ANNUITY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70238 )
Policy contract number74-1625348
Policy instance 1
Insurance contract or identification number74-1625348
Number of Individuals Covered683
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VARIABLE ANNUITY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70238 )
Policy contract number74-1625348
Policy instance 1
Insurance contract or identification number74-1625348
Number of Individuals Covered780
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VARIABLE ANNUITY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70238 )
Policy contract number66184
Policy instance 1
Insurance contract or identification number66184
Number of Individuals Covered933
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VARIABLE ANNUITY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70238 )
Policy contract number66184
Policy instance 1
Insurance contract or identification number66184
Number of Individuals Covered687
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VARIABLE ANNUITY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70238 )
Policy contract number66184
Policy instance 1
Insurance contract or identification number66184
Number of Individuals Covered707
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VARIABLE ANNUITY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70238 )
Policy contract number66184
Policy instance 1
Insurance contract or identification number66184
Number of Individuals Covered683
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Contracts With Unallocated Funds Deposit Administration1
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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