Plan Name | YOURWAY HRA BENEFIT PLAN BEECHWOOD HEALTH CARE CENTER, INC. |
Plan identification number | 502 |
401k Plan Type | Welfare Benefit |
Plan Features/Benefits |
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Company Name: | BEECHWOOD HEALTH CARE CENTER, INC DBA BEECHWOOD HOMES |
Employer identification number (EIN): | 203368932 |
NAIC Classification: | 623000 |
NAIC Description: | Nursing and Residential Care Facilities |
Additional information about BEECHWOOD HEALTH CARE CENTER, INC DBA BEECHWOOD HOMES
Jurisdiction of Incorporation: | New York Department of State |
Incorporation Date: | 2005-12-30 |
Company Identification Number: | 3299209 |
Legal Registered Office Address: |
2235 MILLERSPORT HIGHWAY Erie GETZVILLE United States of America (USA) 140681297 |
More information about BEECHWOOD HEALTH CARE CENTER, INC DBA BEECHWOOD HOMES
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
502 | 2023-01-01 | ||||
502 | 2022-01-01 |
Measure | Date | Value |
---|---|---|
2023: YOURWAY HRA BENEFIT PLAN BEECHWOOD HEALTH CARE CENTER, INC. 2023 401k membership | ||
Total participants, beginning-of-year | 2023-01-01 | 182 |
Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 185 |
Number of retired or separated participants receiving benefits | 2023-01-01 | 9 |
Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 0 |
Total of all active and inactive participants | 2023-01-01 | 194 |
2022: YOURWAY HRA BENEFIT PLAN BEECHWOOD HEALTH CARE CENTER, INC. 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 189 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 180 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 2 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 0 |
Total of all active and inactive participants | 2022-01-01 | 182 |
Measure | Date | Value |
---|---|---|
2023 : YOURWAY HRA BENEFIT PLAN BEECHWOOD HEALTH CARE CENTER, INC. 2023 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $4,397 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
Total income from all sources (including contributions) | 2023-12-31 | $1,529,916 |
Total loss/gain on sale of assets | 2023-12-31 | $0 |
Total of all expenses incurred | 2023-12-31 | $1,289,956 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,289,144 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,525,000 |
Value of total assets at end of year | 2023-12-31 | $244,357 |
Value of total assets at beginning of year | 2023-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $812 |
Total interest from all sources | 2023-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $4,916 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $4,916 |
Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
Value of fidelity bond cover | 2023-12-31 | $174,915 |
If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
Administrative expenses (other) incurred | 2023-12-31 | $812 |
Liabilities. Value of operating payables at end of year | 2023-12-31 | $4,397 |
Liabilities. Value of operating payables at beginning of year | 2023-12-31 | $0 |
Total non interest bearing cash at end of year | 2023-12-31 | $8,895 |
Total non interest bearing cash at beginning of year | 2023-12-31 | $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 | 2023-12-31 | No |
Value of net income/loss | 2023-12-31 | $239,960 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $239,960 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $235,462 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
Contributions received in cash from employer | 2023-12-31 | $1,525,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,289,144 |
Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
Accountancy firm name | 2023-12-31 | DOPKINS & COMPANY, LLP |
Accountancy firm EIN | 2023-12-31 | 160929175 |
2023: YOURWAY HRA BENEFIT PLAN BEECHWOOD HEALTH CARE CENTER, INC. 2023 form 5500 responses | ||
---|---|---|
2023-01-01 | Type of plan entity | Single employer plan |
2023-01-01 | Submission has been amended | No |
2023-01-01 | This submission is the final filing | No |
2023-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2023-01-01 | Plan is a collectively bargained plan | No |
2023-01-01 | Plan funding arrangement – Trust | Yes |
2023-01-01 | Plan benefit arrangement - Trust | Yes |
2022: YOURWAY HRA BENEFIT PLAN BEECHWOOD HEALTH CARE CENTER, INC. 2022 form 5500 responses | ||
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | First time form 5500 has been submitted | Yes |
2022-01-01 | Plan funding arrangement – General assets of the sponsor | Yes |
2022-01-01 | Plan benefit arrangement – General assets of the sponsor | Yes |