CANTON REGIONAL CHAMBER HEALTH FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CANTON REGIONAL CHAMBER HEALTH FUND
| Measure | Date | Value |
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| 2022 : CANTON REGIONAL CHAMBER HEALTH FUND 2022 401k financial data |
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| 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 | $4,670,631 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $4,413,224 |
| Total income from all sources (including contributions) | 2022-12-31 | $38,065,111 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $35,631,117 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $31,394,490 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $38,065,111 |
| Value of total assets at end of year | 2022-12-31 | $10,657,785 |
| Value of total assets at beginning of year | 2022-12-31 | $7,966,384 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $4,236,627 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Administrative expenses professional fees incurred | 2022-12-31 | $44,500 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Participant contributions at end of year | 2022-12-31 | $48,654 |
| Participant contributions at beginning of year | 2022-12-31 | $81,106 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $1,488,171 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $535,254 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $4,311,947 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $4,066,416 |
| Administrative expenses (other) incurred | 2022-12-31 | $32,594 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $358,684 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $346,808 |
| Total non interest bearing cash at end of year | 2022-12-31 | $9,120,960 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $7,350,024 |
| Value of net income/loss | 2022-12-31 | $2,433,994 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $5,987,154 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,553,160 |
| 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 | $28,886,305 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 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 | $38,065,111 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,508,185 |
| Contract administrator fees | 2022-12-31 | $4,159,533 |
| Did the plan have assets held for investment | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MALONEY & NOVOTNY LLC |
| Accountancy firm EIN | 2022-12-31 | 340677006 |
| 2021 : CANTON REGIONAL CHAMBER HEALTH FUND 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $4,413,224 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $4,129,075 |
| Total income from all sources (including contributions) | 2021-12-31 | $33,927,231 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $32,951,408 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $29,050,384 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $33,927,231 |
| Value of total assets at end of year | 2021-12-31 | $7,966,384 |
| Value of total assets at beginning of year | 2021-12-31 | $6,706,412 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $3,901,024 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Administrative expenses professional fees incurred | 2021-12-31 | $33,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Participant contributions at end of year | 2021-12-31 | $81,106 |
| Participant contributions at beginning of year | 2021-12-31 | $97,652 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $535,254 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $381,793 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $4,066,416 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $3,877,436 |
| Administrative expenses (other) incurred | 2021-12-31 | $9,167 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $346,808 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $251,639 |
| Total non interest bearing cash at end of year | 2021-12-31 | $7,350,024 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $6,226,967 |
| 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 | $975,823 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $3,553,160 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $2,577,337 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $27,681,699 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 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 | $33,927,231 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,368,685 |
| Contract administrator fees | 2021-12-31 | $3,858,857 |
| Did the plan have assets held for investment | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MALONEY & NOVOTNY LLC |
| Accountancy firm EIN | 2021-12-31 | 340677006 |
| VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 47029 ) |
| Policy contract number | 0000 |
| Policy instance | 1 |
| Insurance contract or identification number | 0000 | | Number of Individuals Covered | 7035 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $427,966 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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| MCKINLEY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 77216 ) |
| Policy contract number | HF100 |
| Policy instance | 2 |
| Insurance contract or identification number | HF100 | | Number of Individuals Covered | 7035 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $28,886,305 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 47029 ) |
| Policy contract number | 0000 |
| Policy instance | 1 |
| Insurance contract or identification number | 0000 | | Number of Individuals Covered | 6754 | | Insurance policy start date | 2021-01-01 | | Insurance policy end date | 2021-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $357,055 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| MCKINLEY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 77216 ) |
| Policy contract number | HF100 |
| Policy instance | 2 |
| Insurance contract or identification number | HF100 | | Number of Individuals Covered | 6754 | | Insurance policy start date | 2021-01-01 | | Insurance policy end date | 2021-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $27,681,699 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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