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BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 401k Plan overview

Plan NameBETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I
Plan identification number 001

BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BETH ISRAEL LAHEY HEALTH, INC. has sponsored the creation of one or more 401k plans.

Company Name:BETH ISRAEL LAHEY HEALTH, INC.
Employer identification number (EIN):832671600
NAIC Classification:622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-07-01SUSAN HARRIS2024-04-12
0012021-07-01SUSAN HARRIS2023-04-18
0012020-07-01SUSAN HARRIS2022-04-15
0012020-07-01SUSAN HARRIS2023-02-02

Financial Data on BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I

Measure Date Value
2023 : BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-06-30$531,662
Total unrealized appreciation/depreciation of assets2023-06-30$531,662
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-06-30$0
Total income from all sources (including contributions)2023-06-30$25,053,971
Total loss/gain on sale of assets2023-06-30$5,023,433
Total of all expenses incurred2023-06-30$62,712,050
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-06-30$51,859,511
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-06-30$218,957
Value of total assets at end of year2023-06-30$671,311,704
Value of total assets at beginning of year2023-06-30$708,969,783
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-06-30$10,852,539
Total interest from all sources2023-06-30$520,491
Total dividends received (eg from common stock, registered investment company shares)2023-06-30$9,902,275
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2023-06-30$9,902,275
Administrative expenses professional fees incurred2023-06-30$2,195,791
Was this plan covered by a fidelity bond2023-06-30Yes
Value of fidelity bond cover2023-06-30$10,000,000
Were there any nonexempt tranactions with any party-in-interest2023-06-30No
Contributions received from participants2023-06-30$218,957
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-06-30$1,871,499
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-06-30$359,670
Other income not declared elsewhere2023-06-30$2,723,894
Administrative expenses (other) incurred2023-06-30$8,163,572
Liabilities. Value of operating payables at end of year2023-06-30$0
Liabilities. Value of operating payables at beginning of year2023-06-30$0
Total non interest bearing cash at end of year2023-06-30$129,458
Total non interest bearing cash at beginning of year2023-06-30$97,639
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Value of net income/loss2023-06-30$-37,658,079
Value of net assets at end of year (total assets less liabilities)2023-06-30$671,311,704
Value of net assets at beginning of year (total assets less liabilities)2023-06-30$708,969,783
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2023-06-30No
Were any leases to which the plan was party in default or uncollectible2023-06-30No
Assets. partnership/joint venture interests at end of year2023-06-30$46,025,669
Assets. partnership/joint venture interests at beginning of year2023-06-30$53,186,590
Investment advisory and management fees2023-06-30$493,176
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-06-30$328,769,861
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-06-30$341,781,577
Value of interest in common/collective trusts at end of year2023-06-30$277,402,827
Value of interest in common/collective trusts at beginning of year2023-06-30$257,827,305
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-06-30$17,112,390
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-06-30$55,717,002
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-06-30$55,717,002
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-06-30$520,491
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-06-30$-24,152,962
Net investment gain or loss from common/collective trusts2023-06-30$30,286,221
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-06-30Yes
Was there a failure to transmit to the plan any participant contributions2023-06-30No
Has the plan failed to provide any benefit when due under the plan2023-06-30No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-06-30$51,859,511
Did the plan have assets held for investment2023-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-06-30No
Aggregate proceeds on sale of assets2023-06-30$8,403,432
Aggregate carrying amount (costs) on sale of assets2023-06-30$3,379,999
Opinion of an independent qualified public accountant for this plan2023-06-30Unqualified
Accountancy firm name2023-06-30BDO USA, P.C.
Accountancy firm EIN2023-06-30135381590
2022 : BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-07-01$531,662
Total unrealized appreciation/depreciation of assets2022-07-01$531,662
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-07-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-07-01$0
Total income from all sources (including contributions)2022-07-01$25,053,971
Total loss/gain on sale of assets2022-07-01$5,023,433
Total of all expenses incurred2022-07-01$62,712,050
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-07-01$51,859,511
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-07-01$218,957
Value of total assets at end of year2022-07-01$671,311,704
Value of total assets at beginning of year2022-07-01$708,969,783
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-07-01$10,852,539
Total interest from all sources2022-07-01$520,491
Total dividends received (eg from common stock, registered investment company shares)2022-07-01$9,902,275
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-07-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-07-01$9,902,275
Administrative expenses professional fees incurred2022-07-01$2,195,791
Was this plan covered by a fidelity bond2022-07-01Yes
Value of fidelity bond cover2022-07-01$10,000,000
Were there any nonexempt tranactions with any party-in-interest2022-07-01No
Contributions received from participants2022-07-01$218,957
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-07-01$1,871,499
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-07-01$359,670
Other income not declared elsewhere2022-07-01$2,723,894
Administrative expenses (other) incurred2022-07-01$8,163,572
Liabilities. Value of operating payables at end of year2022-07-01$0
Liabilities. Value of operating payables at beginning of year2022-07-01$0
Total non interest bearing cash at end of year2022-07-01$129,458
Total non interest bearing cash at beginning of year2022-07-01$97,639
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-07-01No
Value of net income/loss2022-07-01$-37,658,079
Value of net assets at end of year (total assets less liabilities)2022-07-01$671,311,704
Value of net assets at beginning of year (total assets less liabilities)2022-07-01$708,969,783
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-07-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-07-01No
Were any leases to which the plan was party in default or uncollectible2022-07-01No
Assets. partnership/joint venture interests at end of year2022-07-01$46,025,669
Assets. partnership/joint venture interests at beginning of year2022-07-01$53,186,590
Investment advisory and management fees2022-07-01$493,176
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-07-01$328,769,861
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-07-01$341,781,577
Value of interest in common/collective trusts at end of year2022-07-01$277,402,827
Value of interest in common/collective trusts at beginning of year2022-07-01$257,827,305
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-07-01$17,112,390
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-07-01$520,491
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-07-01$-24,152,962
Net investment gain or loss from common/collective trusts2022-07-01$30,286,221
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-07-01Yes
Was there a failure to transmit to the plan any participant contributions2022-07-01No
Has the plan failed to provide any benefit when due under the plan2022-07-01No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-07-01$51,859,511
Did the plan have assets held for investment2022-07-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-07-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-07-01No
Aggregate proceeds on sale of assets2022-07-01$8,403,432
Aggregate carrying amount (costs) on sale of assets2022-07-01$3,379,999
Opinion of an independent qualified public accountant for this plan2022-07-011
Accountancy firm name2022-07-01BDO USA, P.C.
Accountancy firm EIN2022-07-01135381590
Unrealized appreciation/depreciation of other (non real estate) assets2022-06-30$-4,661,760
Total unrealized appreciation/depreciation of assets2022-06-30$-4,661,760
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-06-30$0
Total income from all sources (including contributions)2022-06-30$-77,818,964
Total loss/gain on sale of assets2022-06-30$21,212,601
Total of all expenses incurred2022-06-30$67,256,345
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-06-30$55,026,274
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-06-30$6,842,291
Value of total assets at end of year2022-06-30$708,969,783
Value of total assets at beginning of year2022-06-30$854,045,092
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-06-30$12,230,071
Total interest from all sources2022-06-30$733,463
Total dividends received (eg from common stock, registered investment company shares)2022-06-30$7,049,897
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2022-06-30$7,049,897
Administrative expenses professional fees incurred2022-06-30$1,431,269
Was this plan covered by a fidelity bond2022-06-30Yes
Value of fidelity bond cover2022-06-30$10,000,000
Were there any nonexempt tranactions with any party-in-interest2022-06-30No
Contributions received from participants2022-06-30$257,291
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-06-30$359,670
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-06-30$0
Other income not declared elsewhere2022-06-30$354,628
Administrative expenses (other) incurred2022-06-30$10,040,641
Total non interest bearing cash at end of year2022-06-30$97,639
Total non interest bearing cash at beginning of year2022-06-30$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Value of net income/loss2022-06-30$-145,075,309
Value of net assets at end of year (total assets less liabilities)2022-06-30$708,969,783
Value of net assets at beginning of year (total assets less liabilities)2022-06-30$854,045,092
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2022-06-30No
Were any leases to which the plan was party in default or uncollectible2022-06-30No
Assets. partnership/joint venture interests at end of year2022-06-30$53,186,590
Assets. partnership/joint venture interests at beginning of year2022-06-30$104,850,230
Investment advisory and management fees2022-06-30$758,161
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-06-30$341,781,577
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-06-30$139,908,271
Income. Interest from US Government securities2022-06-30$603,914
Value of interest in common/collective trusts at end of year2022-06-30$257,827,305
Value of interest in common/collective trusts at beginning of year2022-06-30$442,088,815
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-06-30$55,717,002
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-06-30$73,053,655
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-06-30$73,053,655
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-06-30$129,549
Asset value of US Government securities at end of year2022-06-30$0
Asset value of US Government securities at beginning of year2022-06-30$76,184,121
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-06-30$-40,287,997
Net investment gain or loss from common/collective trusts2022-06-30$-69,062,087
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-06-30Yes
Was there a failure to transmit to the plan any participant contributions2022-06-30No
Has the plan failed to provide any benefit when due under the plan2022-06-30No
Contributions received in cash from employer2022-06-30$6,585,000
Employer contributions (assets) at end of year2022-06-30$0
Employer contributions (assets) at beginning of year2022-06-30$17,960,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-06-30$55,026,274
Did the plan have assets held for investment2022-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-06-30No
Aggregate proceeds on sale of assets2022-06-30$233,497,081
Aggregate carrying amount (costs) on sale of assets2022-06-30$212,284,480
Opinion of an independent qualified public accountant for this plan2022-06-30Unqualified
Accountancy firm name2022-06-30BDO USA, LLP
Accountancy firm EIN2022-06-30135381590
2021 : BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-06-30$-57,562,785
Total unrealized appreciation/depreciation of assets2021-06-30$-57,562,785
Total transfer of assets to this plan2021-06-30$688,609,277
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-06-30$0
Total income from all sources (including contributions)2021-06-30$140,754,712
Total loss/gain on sale of assets2021-06-30$111,913,814
Total of all expenses incurred2021-06-30$46,522,274
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-06-30$44,163,251
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-06-30$40,162,000
Value of total assets at end of year2021-06-30$854,045,092
Value of total assets at beginning of year2021-06-30$71,203,377
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-06-30$2,359,023
Total interest from all sources2021-06-30$886,315
Total dividends received (eg from common stock, registered investment company shares)2021-06-30$5,296,304
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2021-06-30$5,296,304
Administrative expenses professional fees incurred2021-06-30$1,353,444
Was this plan covered by a fidelity bond2021-06-30Yes
Value of fidelity bond cover2021-06-30$10,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-06-30$0
Were there any nonexempt tranactions with any party-in-interest2021-06-30No
Contributions received from participants2021-06-30$237,000
Assets. Other investments not covered elsewhere at end of year2021-06-30$0
Assets. Other investments not covered elsewhere at beginning of year2021-06-30$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-06-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-06-30$36
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-06-30$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-06-30$0
Other income not declared elsewhere2021-06-30$299,761
Administrative expenses (other) incurred2021-06-30$303,369
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-06-30No
Value of net income/loss2021-06-30$94,232,438
Value of net assets at end of year (total assets less liabilities)2021-06-30$854,045,092
Value of net assets at beginning of year (total assets less liabilities)2021-06-30$71,203,377
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2021-06-30No
Were any leases to which the plan was party in default or uncollectible2021-06-30No
Assets. partnership/joint venture interests at end of year2021-06-30$104,850,230
Assets. partnership/joint venture interests at beginning of year2021-06-30$0
Investment advisory and management fees2021-06-30$702,210
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-06-30$139,908,271
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-06-30$0
Interest earned on other investments2021-06-30$407,365
Income. Interest from US Government securities2021-06-30$468,259
Value of interest in common/collective trusts at end of year2021-06-30$442,088,815
Value of interest in common/collective trusts at beginning of year2021-06-30$70,980,185
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-06-30$73,053,655
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-06-30$223,156
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-06-30$223,156
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-06-30$10,691
Asset value of US Government securities at end of year2021-06-30$76,184,121
Asset value of US Government securities at beginning of year2021-06-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-06-30$8,652,320
Net investment gain or loss from common/collective trusts2021-06-30$31,106,983
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-06-30Yes
Was there a failure to transmit to the plan any participant contributions2021-06-30No
Has the plan failed to provide any benefit when due under the plan2021-06-30No
Contributions received in cash from employer2021-06-30$39,925,000
Employer contributions (assets) at end of year2021-06-30$17,960,000
Employer contributions (assets) at beginning of year2021-06-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-06-30$44,163,251
Did the plan have assets held for investment2021-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-06-30No
Aggregate proceeds on sale of assets2021-06-30$153,048,230
Aggregate carrying amount (costs) on sale of assets2021-06-30$41,134,416
Opinion of an independent qualified public accountant for this plan2021-06-30Unqualified
Accountancy firm name2021-06-30BDO USA, LLP
Accountancy firm EIN2021-06-30135381590

Form 5500 Responses for BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I

2022: BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01Submission has been amendedNo
2022-07-01This submission is the final filingNo
2022-07-01This return/report is a short plan year return/report (less than 12 months)No
2022-07-01Plan is a collectively bargained planNo
2022-07-01Plan funding arrangement – TrustYes
2022-07-01Plan benefit arrangement - TrustYes
2021: BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01Submission has been amendedNo
2021-07-01This submission is the final filingNo
2021-07-01This return/report is a short plan year return/report (less than 12 months)No
2021-07-01Plan is a collectively bargained planNo
2021-07-01Plan funding arrangement – TrustYes
2021-07-01Plan benefit arrangement - TrustYes
2020: BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01Submission has been amendedNo
2020-07-01This submission is the final filingNo
2020-07-01This return/report is a short plan year return/report (less than 12 months)No
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – TrustYes
2020-07-01Plan benefit arrangement - TrustYes

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