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SUMMIT HEALTH, INC. 401(K) PLAN 401k Plan overview

Plan NameSUMMIT HEALTH, INC. 401(K) PLAN
Plan identification number 001

SUMMIT HEALTH, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SUMMIT HEALTH, INC. has sponsored the creation of one or more 401k plans.

Company Name:SUMMIT HEALTH, INC.
Employer identification number (EIN):201908041
NAIC Classification:621900

Additional information about SUMMIT HEALTH, INC.

Jurisdiction of Incorporation: California Department of State
Incorporation Date: 1987-08-04
Company Identification Number: C1414385
Legal Registered Office Address: 2710 Gateway Oaks Dr Ste 150N

Sacramento
United States of America (USA)
95833

More information about SUMMIT HEALTH, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUMMIT HEALTH, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01MARY TUCKER
0012014-01-01MARY B. TUCKER MARY B. TUCKER2015-10-15
0012013-01-01MARY TUCKER
0012012-01-01DOUGLAS FINCH2014-09-03
0012011-01-01DOUGLAS FINCH2013-05-14
0012010-01-01DOUGLAS FINCH2011-07-21
0012009-01-01DOUGLAS FINCH
0012009-01-01

Plan Statistics for SUMMIT HEALTH, INC. 401(K) PLAN

401k plan membership statisitcs for SUMMIT HEALTH, INC. 401(K) PLAN

Measure Date Value
2015: SUMMIT HEALTH, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01183
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: SUMMIT HEALTH, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01181
Total number of active participants reported on line 7a of the Form 55002014-01-01162
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0112
Total of all active and inactive participants2014-01-01174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01174
Number of participants with account balances2014-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SUMMIT HEALTH, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01135
Total number of active participants reported on line 7a of the Form 55002013-01-01198
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0110
Total of all active and inactive participants2013-01-01208
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01208
Number of participants with account balances2013-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2009: SUMMIT HEALTH, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0115
Total number of active participants reported on line 7a of the Form 55002009-01-0137
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0137
Number of participants with account balances2009-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SUMMIT HEALTH, INC. 401(K) PLAN

Measure Date Value
2015 : SUMMIT HEALTH, INC. 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-11-30$0
Total transfer of assets to this plan2015-11-30$0
Total transfer of assets from this plan2015-11-30$221,281
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-11-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-11-30$0
Total income from all sources (including contributions)2015-11-30$4,864
Total loss/gain on sale of assets2015-11-30$0
Total of all expenses incurred2015-11-30$60,766
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-11-30$42,197
Value of total corrective distributions2015-11-30$17,175
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-11-30$4,776
Value of total assets at end of year2015-11-30$0
Value of total assets at beginning of year2015-11-30$277,183
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-11-30$1,394
Total interest from all sources2015-11-30$35
Total dividends received (eg from common stock, registered investment company shares)2015-11-30$731
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-11-30No
Total dividends received from registered investment company shares (eg mutual funds)2015-11-30$731
Was this plan covered by a fidelity bond2015-11-30Yes
Value of fidelity bond cover2015-11-30$28,000
If this is an individual account plan, was there a blackout period2015-11-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-11-30$0
Were there any nonexempt tranactions with any party-in-interest2015-11-30No
Participant contributions at beginning of year2015-11-30$500
Income. Received or receivable in cash from other sources (including rollovers)2015-11-30$2,886
Administrative expenses (other) incurred2015-11-30$1,394
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-11-30No
Value of net income/loss2015-11-30$-55,902
Value of net assets at end of year (total assets less liabilities)2015-11-30$0
Value of net assets at beginning of year (total assets less liabilities)2015-11-30$277,183
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-11-30No
Were any loans by the plan or fixed income obligations due to the plan in default2015-11-30No
Were any leases to which the plan was party in default or uncollectible2015-11-30No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-11-30$225,996
Interest on participant loans2015-11-30$35
Value of interest in common/collective trusts at beginning of year2015-11-30$9,531
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-11-30$41,156
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-11-30$41,156
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-11-30$-746
Net investment gain or loss from common/collective trusts2015-11-30$68
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-11-30No
Was there a failure to transmit to the plan any participant contributions2015-11-30No
Has the plan failed to provide any benefit when due under the plan2015-11-30No
Contributions received in cash from employer2015-11-30$1,890
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-11-30$42,197
Did the plan have assets held for investment2015-11-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-11-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-11-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-11-30Yes
Opinion of an independent qualified public accountant for this plan2015-11-30Disclaimer
Accountancy firm name2015-11-30WIDLAK & PETRICHES, P.C.
Accountancy firm EIN2015-11-30383083072
2014 : SUMMIT HEALTH, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$0
Total transfer of assets from this plan2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$168,527
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$119,551
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$101,037
Value of total corrective distributions2014-12-31$17,839
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$155,650
Value of total assets at end of year2014-12-31$277,183
Value of total assets at beginning of year2014-12-31$228,207
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$675
Total interest from all sources2014-12-31$24
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$12,653
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$12,653
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$23,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$151,079
Participant contributions at end of year2014-12-31$500
Participant contributions at beginning of year2014-12-31$900
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$4,571
Administrative expenses (other) incurred2014-12-31$675
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$48,976
Value of net assets at end of year (total assets less liabilities)2014-12-31$277,183
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$228,207
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$225,996
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$199,999
Interest on participant loans2014-12-31$24
Value of interest in common/collective trusts at end of year2014-12-31$9,531
Value of interest in common/collective trusts at beginning of year2014-12-31$8,845
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$41,156
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$18,463
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$18,463
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-123
Net investment gain or loss from common/collective trusts2014-12-31$323
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$101,037
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31WIDLAK & PETRICHES, P.C.
Accountancy firm EIN2014-12-31383083072
2013 : SUMMIT HEALTH, INC. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$139,409
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$25,969
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$25,594
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$107,843
Value of total assets at end of year2013-12-31$228,207
Value of total assets at beginning of year2013-12-31$114,767
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$375
Total interest from all sources2013-12-31$1
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$7,841
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$7,841
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$12,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$100,331
Participant contributions at end of year2013-12-31$900
Participant contributions at beginning of year2013-12-31$145
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$7,512
Administrative expenses (other) incurred2013-12-31$375
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$113,440
Value of net assets at end of year (total assets less liabilities)2013-12-31$228,207
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$114,767
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$199,999
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$101,759
Interest on participant loans2013-12-31$1
Value of interest in common/collective trusts at end of year2013-12-31$8,845
Value of interest in common/collective trusts at beginning of year2013-12-31$6,961
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$18,463
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$5,902
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$5,902
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$21,542
Net investment gain or loss from common/collective trusts2013-12-31$2,182
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$25,594
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31WIDLAK & PETRICHES, P.C.
Accountancy firm EIN2013-12-31383083072

Form 5500 Responses for SUMMIT HEALTH, INC. 401(K) PLAN

2015: SUMMIT HEALTH, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SUMMIT HEALTH, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SUMMIT HEALTH, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2009: SUMMIT HEALTH, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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