BETH ISRAEL LAHEY HEALTH, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I
401k plan membership statisitcs for BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I
| Measure | Date | Value |
|---|
| 2022: BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2022 401k membership |
|---|
| Market value of plan assets | 2022-06-30 | 853,771,145 |
| Acturial value of plan assets | 2022-06-30 | 801,746,082 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-06-30 | 306,218,155 |
| Number of terminated vested participants | 2022-06-30 | 5,120 |
| Fundng target for terminated vested participants | 2022-06-30 | 184,534,549 |
| Active participant vested funding target | 2022-06-30 | 297,460,027 |
| Number of active participants | 2022-06-30 | 6,229 |
| Total funding liabilities for active participants | 2022-06-30 | 298,046,162 |
| Total participant count | 2022-06-30 | 14,892 |
| Total funding target for all participants | 2022-06-30 | 788,798,866 |
| Balance at beginning of prior year after applicable adjustments | 2022-06-30 | 4,677,141 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-06-30 | 21,525,092 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-06-30 | 0 |
| Amount remaining of carryover balance | 2022-06-30 | 4,677,141 |
| Amount remaining of prefunding balance | 2022-06-30 | 21,525,092 |
| Present value of excess contributions | 2022-06-30 | 27,591,855 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-06-30 | 29,150,795 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-06-30 | 27,500,000 |
| Reductions in caryover balances due to elections or deemed elections | 2022-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2022-06-30 | 5,617,246 |
| Balance of prefunding at beginning of current year | 2022-06-30 | 53,351,636 |
| Total employer contributions | 2022-06-30 | 6,585,000 |
| Total employee contributions | 2022-06-30 | 249,427 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-06-30 | 6,322,447 |
| Liquidity shortfalls end of Q1 | 2022-06-30 | 0 |
| Liquidity shortfalls end of Q2 | 2022-06-30 | 0 |
| Liquidity shortfalls end of Q3 | 2022-06-30 | 0 |
| Liquidity shortfalls end of Q4 | 2022-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2022-06-30 | 17,394,123 |
| Net shortfall amortization installment of oustanding balance | 2022-06-30 | 46,021,666 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-06-30 | 21,891,713 |
| Carryover balance elected to use to offset funding requirement | 2022-06-30 | 5,617,246 |
| Prefunding balance elected to use to offset funding requirement | 2022-06-30 | 12,323,026 |
| Additional cash requirement | 2022-06-30 | 3,951,441 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-06-30 | 6,322,447 |
| Unpaid minimum required contributions for current year | 2022-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2022-06-30 | 0 |
| 2021: BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-07-01 | 14,803 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-07-01 | 5,676 |
| Number of retired or separated participants receiving benefits | 2021-07-01 | 3,531 |
| Number of other retired or separated participants entitled to future benefits | 2021-07-01 | 5,118 |
| Total of all active and inactive participants | 2021-07-01 | 14,325 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-07-01 | 191 |
| Total participants | 2021-07-01 | 14,516 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-07-01 | 77 |
| Market value of plan assets | 2021-06-30 | 71,421,609 |
| Acturial value of plan assets | 2021-06-30 | 65,344,138 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-06-30 | 11,732,380 |
| Number of terminated vested participants | 2021-06-30 | 285 |
| Fundng target for terminated vested participants | 2021-06-30 | 8,457,755 |
| Active participant vested funding target | 2021-06-30 | 25,441,084 |
| Number of active participants | 2021-06-30 | 405 |
| Total funding liabilities for active participants | 2021-06-30 | 25,547,310 |
| Total participant count | 2021-06-30 | 876 |
| Total funding target for all participants | 2021-06-30 | 45,737,445 |
| Balance at beginning of prior year after applicable adjustments | 2021-06-30 | 5,153,267 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-06-30 | 17,562,139 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-06-30 | 895,902 |
| Prefunding balanced used to offset prior years funding requirement | 2021-06-30 | 0 |
| Amount remaining of carryover balance | 2021-06-30 | 4,257,365 |
| Amount remaining of prefunding balance | 2021-06-30 | 17,562,139 |
| Present value of excess contributions | 2021-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2021-06-30 | 4,677,141 |
| Balance of prefunding at beginning of current year | 2021-06-30 | 19,293,766 |
| Total employer contributions | 2021-06-30 | 39,925,000 |
| Total employee contributions | 2021-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-06-30 | 38,091,236 |
| Liquidity shortfalls end of Q1 | 2021-06-30 | 0 |
| Liquidity shortfalls end of Q2 | 2021-06-30 | 0 |
| Liquidity shortfalls end of Q3 | 2021-06-30 | 0 |
| Liquidity shortfalls end of Q4 | 2021-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2021-06-30 | 6,832,486 |
| Net shortfall amortization installment of oustanding balance | 2021-06-30 | 43,084,042 |
| Waiver amortization installment | 2021-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-06-30 | 11,161,852 |
| Carryover balance elected to use to offset funding requirement | 2021-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-06-30 | 0 |
| Additional cash requirement | 2021-06-30 | 11,161,852 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-06-30 | 38,091,236 |
| Unpaid minimum required contributions for current year | 2021-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2021-06-30 | 0 |
| 2020: BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-07-01 | 876 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-07-01 | 6,180 |
| Number of retired or separated participants receiving benefits | 2020-07-01 | 3,391 |
| Number of other retired or separated participants entitled to future benefits | 2020-07-01 | 5,066 |
| Total of all active and inactive participants | 2020-07-01 | 14,637 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-07-01 | 166 |
| Total participants | 2020-07-01 | 14,803 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-07-01 | 62 |
| Measure | Date | Value |
|---|
| 2022 : BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-06-30 | $-4,661,760 |
| Total unrealized appreciation/depreciation of assets | 2022-06-30 | $-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 assets | 2022-06-30 | $21,212,601 |
| Total of all expenses incurred | 2022-06-30 | $67,256,345 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $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 year | 2022-06-30 | $708,969,783 |
| Value of total assets at beginning of year | 2022-06-30 | $854,045,092 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-30 | $12,230,071 |
| Total interest from all sources | 2022-06-30 | $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 year | 2022-06-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-06-30 | $7,049,897 |
| Administrative expenses professional fees incurred | 2022-06-30 | $1,431,269 |
| Was this plan covered by a fidelity bond | 2022-06-30 | Yes |
| Value of fidelity bond cover | 2022-06-30 | $10,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | No |
| Contributions received from participants | 2022-06-30 | $257,291 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-06-30 | $359,670 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-06-30 | $0 |
| Other income not declared elsewhere | 2022-06-30 | $354,628 |
| Administrative expenses (other) incurred | 2022-06-30 | $10,040,641 |
| Total non interest bearing cash at end of year | 2022-06-30 | $97,639 |
| Total non interest bearing cash at beginning of year | 2022-06-30 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-06-30 | No |
| Value of net income/loss | 2022-06-30 | $-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) | 2022-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
| Assets. partnership/joint venture interests at end of year | 2022-06-30 | $53,186,590 |
| Assets. partnership/joint venture interests at beginning of year | 2022-06-30 | $104,850,230 |
| Investment advisory and management fees | 2022-06-30 | $758,161 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-06-30 | $341,781,577 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-06-30 | $139,908,271 |
| Income. Interest from US Government securities | 2022-06-30 | $603,914 |
| Value of interest in common/collective trusts at end of year | 2022-06-30 | $257,827,305 |
| Value of interest in common/collective trusts at beginning of year | 2022-06-30 | $442,088,815 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-06-30 | $55,717,002 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-06-30 | $73,053,655 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-06-30 | $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 year | 2022-06-30 | $0 |
| Asset value of US Government securities at beginning of year | 2022-06-30 | $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 trusts | 2022-06-30 | $-69,062,087 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
| Contributions received in cash from employer | 2022-06-30 | $6,585,000 |
| Employer contributions (assets) at end of year | 2022-06-30 | $0 |
| Employer contributions (assets) at beginning of year | 2022-06-30 | $17,960,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-30 | $55,026,274 |
| Did the plan have assets held for investment | 2022-06-30 | 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 | 2022-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
| Aggregate proceeds on sale of assets | 2022-06-30 | $233,497,081 |
| Aggregate carrying amount (costs) on sale of assets | 2022-06-30 | $212,284,480 |
| Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
| Accountancy firm name | 2022-06-30 | BDO USA, LLP |
| Accountancy firm EIN | 2022-06-30 | 135381590 |
| 2021 : BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-06-30 | $-57,562,785 |
| Total unrealized appreciation/depreciation of assets | 2021-06-30 | $-57,562,785 |
| Total transfer of assets to this plan | 2021-06-30 | $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 assets | 2021-06-30 | $111,913,814 |
| Total of all expenses incurred | 2021-06-30 | $46,522,274 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-30 | $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 year | 2021-06-30 | $854,045,092 |
| Value of total assets at beginning of year | 2021-06-30 | $71,203,377 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-06-30 | $2,359,023 |
| Total interest from all sources | 2021-06-30 | $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 year | 2021-06-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-06-30 | $5,296,304 |
| Administrative expenses professional fees incurred | 2021-06-30 | $1,353,444 |
| Was this plan covered by a fidelity bond | 2021-06-30 | Yes |
| Value of fidelity bond cover | 2021-06-30 | $10,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-06-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-06-30 | No |
| Contributions received from participants | 2021-06-30 | $237,000 |
| Assets. Other investments not covered elsewhere at end of year | 2021-06-30 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-06-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-06-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-06-30 | $36 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-06-30 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-06-30 | $0 |
| Other income not declared elsewhere | 2021-06-30 | $299,761 |
| Administrative expenses (other) incurred | 2021-06-30 | $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 appraiser | 2021-06-30 | No |
| Value of net income/loss | 2021-06-30 | $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) | 2021-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-06-30 | No |
| Assets. partnership/joint venture interests at end of year | 2021-06-30 | $104,850,230 |
| Assets. partnership/joint venture interests at beginning of year | 2021-06-30 | $0 |
| Investment advisory and management fees | 2021-06-30 | $702,210 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-06-30 | $139,908,271 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-06-30 | $0 |
| Interest earned on other investments | 2021-06-30 | $407,365 |
| Income. Interest from US Government securities | 2021-06-30 | $468,259 |
| Value of interest in common/collective trusts at end of year | 2021-06-30 | $442,088,815 |
| Value of interest in common/collective trusts at beginning of year | 2021-06-30 | $70,980,185 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-06-30 | $73,053,655 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-06-30 | $223,156 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-06-30 | $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 year | 2021-06-30 | $76,184,121 |
| Asset value of US Government securities at beginning of year | 2021-06-30 | $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 trusts | 2021-06-30 | $31,106,983 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-06-30 | No |
| Contributions received in cash from employer | 2021-06-30 | $39,925,000 |
| Employer contributions (assets) at end of year | 2021-06-30 | $17,960,000 |
| Employer contributions (assets) at beginning of year | 2021-06-30 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-06-30 | $44,163,251 |
| Did the plan have assets held for investment | 2021-06-30 | 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 | 2021-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-30 | No |
| Aggregate proceeds on sale of assets | 2021-06-30 | $153,048,230 |
| Aggregate carrying amount (costs) on sale of assets | 2021-06-30 | $41,134,416 |
| Opinion of an independent qualified public accountant for this plan | 2021-06-30 | Unqualified |
| Accountancy firm name | 2021-06-30 | BDO USA, LLP |
| Accountancy firm EIN | 2021-06-30 | 135381590 |
