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SUNSPIRE HEALTH 401(K) SAVINGS PLAN 401k Plan overview

Plan NameSUNSPIRE HEALTH 401(K) SAVINGS PLAN
Plan identification number 001

SUNSPIRE HEALTH 401(K) SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SUNSPIRE HEALTH, LLC has sponsored the creation of one or more 401k plans.

Company Name:SUNSPIRE HEALTH, LLC
Employer identification number (EIN):455542226
NAIC Classification:621112
NAIC Description:Offices of Physicians, Mental Health Specialists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUNSPIRE HEALTH 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01EDWARD DONOHUE EDWARD DONOHUE2018-10-15
0012017-01-01EDWARD DONOHUE EDWARD DONOHUE2018-10-15
0012016-01-01CHARECE NEWELL KYLE WESCOAT2017-10-16
0012016-01-01CHARECE NEWELL JIM DREDGE2018-02-16

Plan Statistics for SUNSPIRE HEALTH 401(K) SAVINGS PLAN

401k plan membership statisitcs for SUNSPIRE HEALTH 401(K) SAVINGS PLAN

Measure Date Value
2018: SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01414
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-010
Number of participants with account balances2018-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01732
Total number of active participants reported on line 7a of the Form 55002017-01-01414
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-01414
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01414
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01171
2016: SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01490
Total number of active participants reported on line 7a of the Form 55002016-01-01516
Number of retired or separated participants receiving benefits2016-01-0117
Number of other retired or separated participants entitled to future benefits2016-01-01155
Total of all active and inactive participants2016-01-01688
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01688
Number of participants with account balances2016-01-01548
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-01176

Financial Data on SUNSPIRE HEALTH 401(K) SAVINGS PLAN

Measure Date Value
2018 : SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-01-01$0
Total transfer of assets from this plan2018-01-01$2,595,377
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-01-01$0
Total income from all sources (including contributions)2018-01-01$0
Total loss/gain on sale of assets2018-01-01$0
Total of all expenses incurred2018-01-01$0
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-01-01$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-01-01$0
Value of total assets at end of year2018-01-01$0
Value of total assets at beginning of year2018-01-01$2,595,377
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-01-01$0
Total interest from all sources2018-01-01$0
Total dividends received (eg from common stock, registered investment company shares)2018-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-01-01Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2018-01-01$0
Was this plan covered by a fidelity bond2018-01-01Yes
Value of fidelity bond cover2018-01-01$1,000,000
If this is an individual account plan, was there a blackout period2018-01-01No
Were there any nonexempt tranactions with any party-in-interest2018-01-01No
Participant contributions at end of year2018-01-01$0
Participant contributions at beginning of year2018-01-01$43,947
Participant contributions at end of year2018-01-01$0
Participant contributions at beginning of year2018-01-01$33,969
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-01-01$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-01-01$297
Total non interest bearing cash at end of year2018-01-01$0
Total non interest bearing cash at beginning of year2018-01-01$191,959
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-01-01No
Value of net income/loss2018-01-01$0
Value of net assets at end of year (total assets less liabilities)2018-01-01$0
Value of net assets at beginning of year (total assets less liabilities)2018-01-01$2,595,377
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2018-01-01No
Were any leases to which the plan was party in default or uncollectible2018-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-01-01$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-01-01$2,272,700
Value of interest in common/collective trusts at end of year2018-01-01$0
Value of interest in common/collective trusts at beginning of year2018-01-01$47,472
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-01-01No
Was there a failure to transmit to the plan any participant contributions2018-01-01Yes
Has the plan failed to provide any benefit when due under the plan2018-01-01No
Employer contributions (assets) at end of year2018-01-01$0
Employer contributions (assets) at beginning of year2018-01-01$5,033
Did the plan have assets held for investment2018-01-01No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-01-01Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-01-01Yes
Opinion of an independent qualified public accountant for this plan2018-01-01Disclaimer
Accountancy firm name2018-01-01RSM US LLP
Accountancy firm EIN2018-01-01422071432
2017 : SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,596,935
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$398,386
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$360,794
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,292,380
Value of total assets at end of year2017-12-31$2,595,377
Value of total assets at beginning of year2017-12-31$1,396,828
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$37,592
Total interest from all sources2017-12-31$2,177
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$51,599
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2017-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$51,599
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$1,106,023
Participant contributions at end of year2017-12-31$43,947
Participant contributions at beginning of year2017-12-31$23,032
Participant contributions at end of year2017-12-31$33,969
Participant contributions at beginning of year2017-12-31$78,782
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$10,797
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$297
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$4,425
Total non interest bearing cash at end of year2017-12-31$191,959
Total non interest bearing cash at beginning of year2017-12-31$4,881
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$1,198,549
Value of net assets at end of year (total assets less liabilities)2017-12-31$2,595,377
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$1,396,828
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$2,272,700
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$1,200,268
Interest on participant loans2017-12-31$1,340
Interest earned on other investments2017-12-31$837
Value of interest in common/collective trusts at end of year2017-12-31$47,472
Value of interest in common/collective trusts at beginning of year2017-12-31$23,013
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$250,779
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 contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$175,560
Employer contributions (assets) at end of year2017-12-31$5,033
Employer contributions (assets) at beginning of year2017-12-31$62,427
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$360,794
Contract administrator fees2017-12-31$37,592
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 name2017-12-31RSM US LLP
Accountancy firm EIN2017-12-31422071432
2016 : SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$205,369
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$1,226,482
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$37,088
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$34,478
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,168,782
Value of total assets at end of year2016-12-31$1,394,763
Value of total assets at beginning of year2016-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$2,610
Total interest from all sources2016-12-31$835
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$22,264
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$22,264
Was this plan covered by a fidelity bond2016-12-31No
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$930,287
Participant contributions at end of year2016-12-31$23,032
Participant contributions at end of year2016-12-31$78,782
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$39,745
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$4,425
Total non interest bearing cash at end of year2016-12-31$4,881
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$1,189,394
Value of net assets at end of year (total assets less liabilities)2016-12-31$1,394,763
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$0
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$1,200,267
Interest on participant loans2016-12-31$835
Value of interest in common/collective trusts at end of year2016-12-31$23,013
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$34,296
Net investment gain or loss from common/collective trusts2016-12-31$305
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$198,750
Employer contributions (assets) at end of year2016-12-31$60,363
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$34,478
Contract administrator fees2016-12-31$2,610
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 name2016-12-31BALDWIN & BALDWIN PLLC
Accountancy firm EIN2016-12-31464370753

Form 5500 Responses for SUNSPIRE HEALTH 401(K) SAVINGS PLAN

2018: SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingYes
2018-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2018-01-01Plan is a collectively bargained planNo
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: SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
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: SUNSPIRE HEALTH 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
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 – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number894351+087
Policy instance 1
Insurance contract or identification number894351+087
Number of Individuals Covered0
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number894351+087
Policy instance 1
Insurance contract or identification number894351+087
Number of Individuals Covered0
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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