Submission information for form 5500 for 401k plan ALABAMA PHARMACY ASSOCIATION HEALTH & WELFARE PLAN
401k plan membership statisitcs for ALABAMA PHARMACY ASSOCIATION HEALTH & WELFARE PLAN
| Measure | Date | Value |
|---|
| 2022 : ALABAMA PHARMACY ASSOCIATION HEALTH & WELFARE PLAN 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $876,261 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $782,462 |
| Total income from all sources (including contributions) | 2022-12-31 | $9,401,458 |
| Total of all expenses incurred | 2022-12-31 | $9,411,285 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $8,551,830 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $9,390,829 |
| Value of total assets at end of year | 2022-12-31 | $2,449,455 |
| Value of total assets at beginning of year | 2022-12-31 | $2,365,483 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $859,455 |
| Total interest from all sources | 2022-12-31 | $10,629 |
| 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 | $19,000 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $7,530 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $14,379 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $832,239 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $662,945 |
| Administrative expenses (other) incurred | 2022-12-31 | $840,455 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $44,022 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $119,517 |
| Total non interest bearing cash at end of year | 2022-12-31 | $196,110 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $2,351,104 |
| 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 | $-9,827 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $1,573,194 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $1,583,021 |
| 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 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $2,245,815 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $10,629 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $8,551,830 |
| 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 | $9,390,829 |
| 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 | ALDRIDGE, BORDEN & COMPANY, PC |
| Accountancy firm EIN | 2022-12-31 | 630781330 |
| 2021 : ALABAMA PHARMACY ASSOCIATION HEALTH & WELFARE PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $782,462 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $613,062 |
| Total income from all sources (including contributions) | 2021-12-31 | $6,787,735 |
| Total of all expenses incurred | 2021-12-31 | $6,417,821 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $5,580,092 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $6,787,656 |
| Value of total assets at end of year | 2021-12-31 | $2,365,483 |
| Value of total assets at beginning of year | 2021-12-31 | $1,826,169 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $837,729 |
| Total interest from all sources | 2021-12-31 | $79 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $18,000 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $14,379 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $451,565 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $662,945 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $562,406 |
| Administrative expenses (other) incurred | 2021-12-31 | $819,729 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $119,517 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $50,656 |
| Total non interest bearing cash at end of year | 2021-12-31 | $2,351,104 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $1,374,604 |
| 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 | $369,914 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $1,583,021 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $1,213,107 |
| 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 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $79 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $5,580,092 |
| 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 | No |
| 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 | $6,787,656 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 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 | ALDRIDGE, BORDEN & COMPANY, PC |
| Accountancy firm EIN | 2021-12-31 | 630781330 |
| 2020 : ALABAMA PHARMACY ASSOCIATION HEALTH & WELFARE PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $613,062 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $734,830 |
| Total income from all sources (including contributions) | 2020-12-31 | $7,661,470 |
| Total of all expenses incurred | 2020-12-31 | $7,342,671 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $6,669,226 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $7,661,470 |
| Value of total assets at end of year | 2020-12-31 | $1,826,169 |
| Value of total assets at beginning of year | 2020-12-31 | $1,629,138 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $673,445 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $17,000 |
| 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 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $451,565 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $562,406 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $693,522 |
| Administrative expenses (other) incurred | 2020-12-31 | $656,445 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $50,656 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $41,308 |
| Total non interest bearing cash at end of year | 2020-12-31 | $1,374,604 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $1,629,138 |
| 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 | $318,799 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,213,107 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $894,308 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $6,669,226 |
| 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 | $7,661,470 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 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 | ALDRIDGE, BORDEN & COMPANY, PC |
| Accountancy firm EIN | 2020-12-31 | 630781330 |
