BOARD OF TRUSTEES, OREGON ESSENTIAL WORKFORCE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan OREGON ESSENTIAL WORKFORCE HEALTH CARE FUND
| Measure | Date | Value |
|---|
| 2022: OREGON ESSENTIAL WORKFORCE HEALTH CARE FUND 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 0 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 1,798 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 0 |
| Total of all active and inactive participants | 2022-01-01 | 1,798 |
| Total participants | 2022-01-01 | 1,798 |
| Number of employers contributing to the scheme | 2022-01-01 | 4 |
| 2021: OREGON ESSENTIAL WORKFORCE HEALTH CARE FUND 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-12-15 | 0 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-12-15 | 0 |
| Number of retired or separated participants receiving benefits | 2021-12-15 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2021-12-15 | 0 |
| Total of all active and inactive participants | 2021-12-15 | 0 |
| Total participants | 2021-12-15 | 0 |
| Number of employers contributing to the scheme | 2021-12-15 | 0 |
| Measure | Date | Value |
|---|
| 2022 : OREGON ESSENTIAL WORKFORCE HEALTH CARE FUND 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,278,542 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $9,781 |
| Total income from all sources (including contributions) | 2022-12-31 | $81,042,949 |
| Total of all expenses incurred | 2022-12-31 | $2,101,198 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $547,252 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $81,042,949 |
| Value of total assets at end of year | 2022-12-31 | $80,210,512 |
| Value of total assets at beginning of year | 2022-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,553,946 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $809,472 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Administrative expenses (other) incurred | 2022-12-31 | $574,587 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $731,290 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $9,781 |
| Total non interest bearing cash at end of year | 2022-12-31 | $80,185,212 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $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 | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $78,941,751 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $78,931,970 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $-9,781 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $119,208 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| 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 | $81,042,949 |
| Employer contributions (assets) at end of year | 2022-12-31 | $25,300 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $428,044 |
| Contract administrator fees | 2022-12-31 | $169,887 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $547,252 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $0 |
| Did the plan have assets held for investment | 2022-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 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 | MILLER KAPLAN ARASE LLP |
| Accountancy firm EIN | 2022-12-31 | 952036255 |
| 2021 : OREGON ESSENTIAL WORKFORCE HEALTH CARE FUND 2021 401k financial data |
|---|
| Total plan liabilities at end of year | 2021-12-31 | $9,781 |
| Total plan liabilities at beginning of year | 2021-12-31 | $0 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $9,781 |
| Net income (gross income less expenses) | 2021-12-31 | $-9,781 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $-9,781 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $9,781 |
