SALEM COUNTY HOSPITAL has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SALEM MEDICAL CENTER 401(K) PLAN
Measure | Date | Value |
---|
2022 : SALEM MEDICAL CENTER 401(K) PLAN 2022 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $140,461 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,015,696 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $923,294 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,187,995 |
Value of total assets at end of year | 2022-12-31 | $13,347,237 |
Value of total assets at beginning of year | 2022-12-31 | $14,222,472 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $92,402 |
Total interest from all sources | 2022-12-31 | $32,473 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $243,603 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $243,603 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
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 |
Contributions received from participants | 2022-12-31 | $2,054,650 |
Participant contributions at end of year | 2022-12-31 | $157,150 |
Participant contributions at beginning of year | 2022-12-31 | $196,059 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $133,345 |
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 | $-875,235 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $13,347,237 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $14,222,472 |
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 |
Investment advisory and management fees | 2022-12-31 | $32,669 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $11,550,192 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $12,926,602 |
Interest on participant loans | 2022-12-31 | $9,383 |
Income. Interest from loans (other than to participants) | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $1,639,895 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1,099,811 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1,099,811 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $23,090 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,323,610 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $923,294 |
Contract administrator fees | 2022-12-31 | $59,733 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 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 | BAKER TILLY US LLP |
Accountancy firm EIN | 2022-12-31 | 390859910 |
2021 : SALEM MEDICAL CENTER 401(K) PLAN 2021 401k financial data |
---|
Total income from all sources (including contributions) | 2021-12-31 | $3,578,333 |
Total of all expenses incurred | 2021-12-31 | $1,167,305 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,105,580 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,095,434 |
Value of total assets at end of year | 2021-12-31 | $14,222,472 |
Value of total assets at beginning of year | 2021-12-31 | $11,811,444 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $61,725 |
Total interest from all sources | 2021-12-31 | $10,974 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $210,445 |
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 | $210,445 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2021-12-31 | 0 |
Minimum employer required contribution for this plan year | 2021-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 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 | $1,976,827 |
Participant contributions at end of year | 2021-12-31 | $196,059 |
Participant contributions at beginning of year | 2021-12-31 | $260,850 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $118,607 |
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 | $2,411,028 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $14,222,472 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $11,811,444 |
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 |
Investment advisory and management fees | 2021-12-31 | $31,075 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $12,926,602 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $10,748,080 |
Interest on participant loans | 2021-12-31 | $10,882 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $1,099,811 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $802,514 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $802,514 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $92 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,261,480 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,105,580 |
Contract administrator fees | 2021-12-31 | $30,650 |
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 | WITHUMSMITH+BROWN |
Accountancy firm EIN | 2021-12-31 | 222027092 |
2020 : SALEM MEDICAL CENTER 401(K) PLAN 2020 401k financial data |
---|
Total income from all sources (including contributions) | 2020-12-31 | $3,240,416 |
Total of all expenses incurred | 2020-12-31 | $714,777 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $686,179 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,874,501 |
Value of total assets at end of year | 2020-12-31 | $11,811,444 |
Value of total assets at beginning of year | 2020-12-31 | $9,285,805 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $28,598 |
Total interest from all sources | 2020-12-31 | $14,390 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $175,120 |
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 | $175,120 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2020-12-31 | 0 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Minimum employer required contribution for this plan year | 2020-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 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 | $1,658,133 |
Participant contributions at end of year | 2020-12-31 | $260,850 |
Participant contributions at beginning of year | 2020-12-31 | $258,529 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $216,368 |
Administrative expenses (other) incurred | 2020-12-31 | $1,200 |
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 | $2,525,639 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $11,811,444 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $9,285,805 |
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 |
Investment advisory and management fees | 2020-12-31 | $20,891 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $10,748,080 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $8,522,297 |
Interest on participant loans | 2020-12-31 | $14,390 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $504,979 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $802,514 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,176,405 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $686,179 |
Contract administrator fees | 2020-12-31 | $6,507 |
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 | Disclaimer |
Accountancy firm name | 2020-12-31 | WITHUMSMITH+BROWN, PC |
Accountancy firm EIN | 2020-12-31 | 222027092 |
2019 : SALEM MEDICAL CENTER 401(K) PLAN 2019 401k financial data |
---|
Total income from all sources (including contributions) | 2019-12-31 | $9,802,352 |
Total of all expenses incurred | 2019-12-31 | $516,547 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $493,560 |
Value of total corrective distributions | 2019-12-31 | $7,967 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $9,055,089 |
Value of total assets at end of year | 2019-12-31 | $9,285,805 |
Value of total assets at beginning of year | 2019-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $15,020 |
Total interest from all sources | 2019-12-31 | $4,983 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $212,582 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $212,582 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2019-12-31 | 0 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Minimum employer required contribution for this plan year | 2019-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $1,225,246 |
Participant contributions at end of year | 2019-12-31 | $258,529 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $7,829,843 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $9,285,805 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $9,285,805 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $10,295 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $8,522,297 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $0 |
Interest on participant loans | 2019-12-31 | $4,983 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $504,979 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $529,698 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $493,560 |
Contract administrator fees | 2019-12-31 | $4,725 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | WITHUMSMITH+BROWN, PC |
Accountancy firm EIN | 2019-12-31 | 222027092 |