MICHIGAN DENTAL ASSOCIATION has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2016 : MDA HEALTH PLAN TRUST 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $-101,251 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $-101,251 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $3,044,820 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $4,761,781 |
| Total income from all sources (including contributions) | 2016-12-31 | $18,108,128 |
| Total loss/gain on sale of assets | 2016-12-31 | $1,588 |
| Total of all expenses incurred | 2016-12-31 | $17,542,499 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $14,648,936 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $18,103,732 |
| Value of total assets at end of year | 2016-12-31 | $20,359,966 |
| Value of total assets at beginning of year | 2016-12-31 | $21,511,298 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,893,563 |
| Total interest from all sources | 2016-12-31 | $104,059 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $244,516 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $8,726,118 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $6,856,177 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $89,451 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $435,428 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $305,738 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $671,901 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $1,507,194 |
| Administrative expenses (other) incurred | 2016-12-31 | $262,193 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $406,040 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $319,041 |
| Total non interest bearing cash at end of year | 2016-12-31 | $4,880,234 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $5,163,983 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $565,629 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $17,315,146 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $16,749,517 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $1,250,347 |
| Income. Interest from US Government securities | 2016-12-31 | $100,498 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $15,508 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $3,044,638 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $3,132,523 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $3,132,523 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $3,561 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $1,210,076 |
| Asset value of US Government securities at end of year | 2016-12-31 | $11,999,666 |
| Asset value of US Government securities at beginning of year | 2016-12-31 | $6,037,369 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $9,288,163 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $13,438,860 |
| Contract administrator fees | 2016-12-31 | $1,136,507 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $1,966,879 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $2,935,546 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $1,000,000 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $998,412 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | PLANTE & MORAN PLLC |
| Accountancy firm EIN | 2016-12-31 | 381357951 |
| 2015 : MDA HEALTH PLAN TRUST 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $4,761,781 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $1,115,748 |
| Total income from all sources (including contributions) | 2015-12-31 | $19,012,039 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $19,061,999 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $16,107,737 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $18,926,094 |
| Value of total assets at end of year | 2015-12-31 | $21,511,298 |
| Value of total assets at beginning of year | 2015-12-31 | $17,915,225 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $2,954,262 |
| Total interest from all sources | 2015-12-31 | $85,945 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $268,710 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $8,772,797 |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $6,856,177 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $7,214,463 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $644,926 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $305,738 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $1,507,194 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $1,080,889 |
| Administrative expenses (other) incurred | 2015-12-31 | $344,644 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $319,041 |
| Total non interest bearing cash at end of year | 2015-12-31 | $5,163,983 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $1,589,494 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-49,960 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $16,749,517 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $16,799,477 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $1,177,435 |
| Income. Interest from US Government securities | 2015-12-31 | $14,197 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $15,508 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $15,593 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $3,132,523 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $3,072,502 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $3,072,502 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $71,748 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $1,017,381 |
| Asset value of US Government securities at end of year | 2015-12-31 | $6,037,369 |
| Asset value of US Government securities at beginning of year | 2015-12-31 | $6,023,173 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $9,508,371 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $15,090,356 |
| Contract administrator fees | 2015-12-31 | $1,163,473 |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $2,935,546 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $34,859 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | PLANTE & MORAN PLLC |
| Accountancy firm EIN | 2015-12-31 | 381357951 |
| 2014 : MDA HEALTH PLAN TRUST 2014 401k financial data |
|---|
| Total plan liabilities at end of year | 2014-12-31 | $1,115,748 |
| Total plan liabilities at beginning of year | 2014-12-31 | $0 |
| Total income from all sources | 2014-12-31 | $16,840,723 |
| Expenses. Total of all expenses incurred | 2014-12-31 | $41,246 |
| Benefits paid (including direct rollovers) | 2014-12-31 | $36,039 |
| Total plan assets at end of year | 2014-12-31 | $17,915,225 |
| Total plan assets at beginning of year | 2014-12-31 | $0 |
| Value of fidelity bond covering the plan | 2014-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2014-12-31 | $9,032 |
| Expenses. Other expenses not covered elsewhere | 2014-12-31 | $2,151 |
| Contributions received from other sources (not participants or employers) | 2014-12-31 | $16,764,830 |
| Other income received | 2014-12-31 | $40,873 |
| Net income (gross income less expenses) | 2014-12-31 | $16,799,477 |
| Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $16,799,477 |
| Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2014-12-31 | $25,988 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2014-12-31 | $3,056 |
