PENN HIGHLANDS HEALTHCARE, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PENN HIGHLANDS HEALTHCARE 403(B) PLAN
| Measure | Date | Value |
|---|
| 2021 : PENN HIGHLANDS HEALTHCARE 403(B) PLAN 2021 401k financial data |
|---|
| Total income from all sources (including contributions) | 2021-12-31 | $45,610,365 |
| Total of all expenses incurred | 2021-12-31 | $15,975,299 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $15,531,804 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $199,060 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $16,864,994 |
| Value of total assets at end of year | 2021-12-31 | $254,283,331 |
| Value of total assets at beginning of year | 2021-12-31 | $224,648,265 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $244,435 |
| Total interest from all sources | 2021-12-31 | $638,068 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $3,593,548 |
| 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 | $3,593,548 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $10,843,720 |
| Participant contributions at end of year | 2021-12-31 | $1,634,434 |
| Participant contributions at beginning of year | 2021-12-31 | $1,662,974 |
| Participant contributions at end of year | 2021-12-31 | $385,011 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,086,665 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $4,141 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $4,591 |
| Administrative expenses (other) incurred | 2021-12-31 | $244,435 |
| Total non interest bearing cash at end of year | 2021-12-31 | $12,365 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $41,359 |
| 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 | $29,635,066 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $254,283,331 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $224,648,265 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $186,459,753 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $159,300,625 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $38,907,310 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $37,334,171 |
| Interest on participant loans | 2021-12-31 | $79,319 |
| Interest earned on other investments | 2021-12-31 | $558,749 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $22,040,851 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $23,720,976 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $18,710,138 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $5,803,617 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $4,934,609 |
| Employer contributions (assets) at end of year | 2021-12-31 | $4,839,466 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $2,583,569 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $15,531,804 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| 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 | FORVIS, LLP |
| Accountancy firm EIN | 2021-12-31 | 440160260 |
| 2020 : PENN HIGHLANDS HEALTHCARE 403(B) PLAN 2020 401k financial data |
|---|
| Total transfer of assets to this plan | 2020-12-31 | $385,343 |
| Total income from all sources (including contributions) | 2020-12-31 | $43,946,452 |
| Total of all expenses incurred | 2020-12-31 | $22,292,321 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $21,972,004 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $79,185 |
| Value of total corrective distributions | 2020-12-31 | $6,036 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $16,799,274 |
| Value of total assets at end of year | 2020-12-31 | $224,648,265 |
| Value of total assets at beginning of year | 2020-12-31 | $202,608,791 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $235,096 |
| Total interest from all sources | 2020-12-31 | $704,806 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $3,040,402 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $3,040,402 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $10,573,073 |
| Participant contributions at end of year | 2020-12-31 | $1,662,974 |
| Participant contributions at beginning of year | 2020-12-31 | $1,329,072 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,020,946 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $4,591 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $40,885,164 |
| Administrative expenses (other) incurred | 2020-12-31 | $235,096 |
| Total non interest bearing cash at end of year | 2020-12-31 | $41,359 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $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 | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $21,654,131 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $224,648,265 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $202,608,791 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $159,300,625 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $104,818,051 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $37,334,171 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $36,963,727 |
| Interest on participant loans | 2020-12-31 | $89,161 |
| Interest earned on other investments | 2020-12-31 | $615,645 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $23,720,976 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $18,612,777 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $18,345,432 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $5,056,538 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| 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 | $5,205,255 |
| Employer contributions (assets) at end of year | 2020-12-31 | $2,583,569 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $21,972,004 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
| 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 | Unqualified |
| Accountancy firm name | 2020-12-31 | BKD, LLP |
| Accountancy firm EIN | 2020-12-31 | 440160260 |
