401k Plan data: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN plan

INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 401k Plan overview

Plan Name	INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN
Plan identification number	018

INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

INSPIRA MEDICAL CENTERS, INC. has sponsored the creation of one or more 401k plans.

Company Name: INSPIRA MEDICAL CENTERS, INC.

Employer identification number (EIN): 210634484

NAIC Classification: 622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
018 2023-01-01
018 2022-01-01
018 2021-01-01
018 2020-01-01
018 2019-01-01

Plan Statistics for INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN

401k plan membership statisitcs for INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN

Measure Date Value
2023: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 999
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 380
Number of retired or separated participants receiving benefits 2023-01-01 232
Number of other retired or separated participants entitled to future benefits 2023-01-01 307
Total of all active and inactive participants 2023-01-01 919
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 32
Total participants 2023-01-01 951
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 57,077,626
Acturial value of plan assets 2022-12-31 57,679,061
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 13,170,244
Number of terminated vested participants 2022-12-31 309
Fundng target for terminated vested participants 2022-12-31 13,810,091
Active participant vested funding target 2022-12-31 19,629,090
Number of active participants 2022-12-31 474
Total funding liabilities for active participants 2022-12-31 19,729,943
Total participant count 2022-12-31 1,040
Total funding target for all participants 2022-12-31 46,710,278
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 10,367,630
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 10,367,630
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 10,089,778
Total employer contributions 2022-12-31 0
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 380,000
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 1,055
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 425
Number of retired or separated participants receiving benefits 2022-01-01 240
Number of other retired or separated participants entitled to future benefits 2022-01-01 309
Total of all active and inactive participants 2022-01-01 974
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 25
Total participants 2022-01-01 999
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 62,717,727
Acturial value of plan assets 2021-12-31 58,758,428
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 13,811,444
Number of terminated vested participants 2021-12-31 326
Fundng target for terminated vested participants 2021-12-31 13,255,458
Active participant vested funding target 2021-12-31 20,765,876
Number of active participants 2021-12-31 519
Total funding liabilities for active participants 2021-12-31 20,875,801
Total participant count 2021-12-31 1,111
Total funding target for all participants 2021-12-31 47,942,703
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 8,370,083
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 8,370,083
Present value of excess contributions 2021-12-31 1,463,690
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 1,543,754
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 1,543,754
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 600,000
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 10,367,630
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 430,000
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 1,113
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 477
Number of retired or separated participants receiving benefits 2021-01-01 240
Number of other retired or separated participants entitled to future benefits 2021-01-01 312
Total of all active and inactive participants 2021-01-01 1,029
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 26
Total participants 2021-01-01 1,055
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 58,189,993
Acturial value of plan assets 2020-12-31 56,778,581
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 14,722,456
Number of terminated vested participants 2020-12-31 332
Fundng target for terminated vested participants 2020-12-31 13,364,923
Active participant vested funding target 2020-12-31 21,351,604
Number of active participants 2020-12-31 557
Total funding liabilities for active participants 2020-12-31 21,473,747
Total participant count 2020-12-31 1,159
Total funding target for all participants 2020-12-31 49,561,126
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 5,953,711
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 5,953,711
Present value of excess contributions 2020-12-31 1,466,360
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 1,548,916
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 1,548,916
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 8,370,083
Total employer contributions 2020-12-31 2,000,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 1,933,690
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 470,000
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 470,000
Additional cash requirement 2020-12-31 470,000
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 1,933,690
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Total participants, beginning-of-year 2020-01-01 1,160
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 519
Number of retired or separated participants receiving benefits 2020-01-01 251
Number of other retired or separated participants entitled to future benefits 2020-01-01 319
Total of all active and inactive participants 2020-01-01 1,089
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 24
Total participants 2020-01-01 1,113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 53,010,600
Acturial value of plan assets 2019-12-31 55,104,224
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 15,716,953
Number of terminated vested participants 2019-12-31 356
Fundng target for terminated vested participants 2019-12-31 12,293,441
Active participant vested funding target 2019-12-31 22,325,131
Number of active participants 2019-12-31 597
Total funding liabilities for active participants 2019-12-31 22,454,459
Total participant count 2019-12-31 1,235
Total funding target for all participants 2019-12-31 50,464,853
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 4,491,779
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 4,491,779
Present value of excess contributions 2019-12-31 1,459,768
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 1,544,581
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 1,544,581
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 5,953,711
Total employer contributions 2019-12-31 2,000,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 1,931,360
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 465,000
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 465,000
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 465,000
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 1,931,360
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
Total participants, beginning-of-year 2019-01-01 1,232
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 557
Number of retired or separated participants receiving benefits 2019-01-01 253
Number of other retired or separated participants entitled to future benefits 2019-01-01 327
Total of all active and inactive participants 2019-01-01 1,137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 23
Total participants 2019-01-01 1,160

Measure	Date	Value
2023: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	999
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	380
Number of retired or separated participants receiving benefits	2023-01-01	232
Number of other retired or separated participants entitled to future benefits	2023-01-01	307
Total of all active and inactive participants	2023-01-01	919
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	32
Total participants	2023-01-01	951
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	57,077,626
Acturial value of plan assets	2022-12-31	57,679,061
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	13,170,244
Number of terminated vested participants	2022-12-31	309
Fundng target for terminated vested participants	2022-12-31	13,810,091
Active participant vested funding target	2022-12-31	19,629,090
Number of active participants	2022-12-31	474
Total funding liabilities for active participants	2022-12-31	19,729,943
Total participant count	2022-12-31	1,040
Total funding target for all participants	2022-12-31	46,710,278
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	10,367,630
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	10,367,630
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	10,089,778
Total employer contributions	2022-12-31	0
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	380,000
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	1,055
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	425
Number of retired or separated participants receiving benefits	2022-01-01	240
Number of other retired or separated participants entitled to future benefits	2022-01-01	309
Total of all active and inactive participants	2022-01-01	974
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	25
Total participants	2022-01-01	999
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	62,717,727
Acturial value of plan assets	2021-12-31	58,758,428
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	13,811,444
Number of terminated vested participants	2021-12-31	326
Fundng target for terminated vested participants	2021-12-31	13,255,458
Active participant vested funding target	2021-12-31	20,765,876
Number of active participants	2021-12-31	519
Total funding liabilities for active participants	2021-12-31	20,875,801
Total participant count	2021-12-31	1,111
Total funding target for all participants	2021-12-31	47,942,703
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	8,370,083
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	8,370,083
Present value of excess contributions	2021-12-31	1,463,690
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	1,543,754
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	1,543,754
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	600,000
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	10,367,630
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	430,000
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	1,113
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	477
Number of retired or separated participants receiving benefits	2021-01-01	240
Number of other retired or separated participants entitled to future benefits	2021-01-01	312
Total of all active and inactive participants	2021-01-01	1,029
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	26
Total participants	2021-01-01	1,055
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	58,189,993
Acturial value of plan assets	2020-12-31	56,778,581
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	14,722,456
Number of terminated vested participants	2020-12-31	332
Fundng target for terminated vested participants	2020-12-31	13,364,923
Active participant vested funding target	2020-12-31	21,351,604
Number of active participants	2020-12-31	557
Total funding liabilities for active participants	2020-12-31	21,473,747
Total participant count	2020-12-31	1,159
Total funding target for all participants	2020-12-31	49,561,126
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	5,953,711
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	5,953,711
Present value of excess contributions	2020-12-31	1,466,360
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	1,548,916
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	1,548,916
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	8,370,083
Total employer contributions	2020-12-31	2,000,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	1,933,690
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	470,000
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	470,000
Additional cash requirement	2020-12-31	470,000
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	1,933,690
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Total participants, beginning-of-year	2020-01-01	1,160
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	519
Number of retired or separated participants receiving benefits	2020-01-01	251
Number of other retired or separated participants entitled to future benefits	2020-01-01	319
Total of all active and inactive participants	2020-01-01	1,089
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	24
Total participants	2020-01-01	1,113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	53,010,600
Acturial value of plan assets	2019-12-31	55,104,224
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	15,716,953
Number of terminated vested participants	2019-12-31	356
Fundng target for terminated vested participants	2019-12-31	12,293,441
Active participant vested funding target	2019-12-31	22,325,131
Number of active participants	2019-12-31	597
Total funding liabilities for active participants	2019-12-31	22,454,459
Total participant count	2019-12-31	1,235
Total funding target for all participants	2019-12-31	50,464,853
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	4,491,779
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	4,491,779
Present value of excess contributions	2019-12-31	1,459,768
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	1,544,581
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	1,544,581
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	5,953,711
Total employer contributions	2019-12-31	2,000,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	1,931,360
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	465,000
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	465,000
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	465,000
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	1,931,360
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
Total participants, beginning-of-year	2019-01-01	1,232
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	557
Number of retired or separated participants receiving benefits	2019-01-01	253
Number of other retired or separated participants entitled to future benefits	2019-01-01	327
Total of all active and inactive participants	2019-01-01	1,137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	23
Total participants	2019-01-01	1,160

Financial Data on INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN

Measure	Date	Value
2023 : INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2023-12-31	$740,175
Total unrealized appreciation/depreciation of assets	2023-12-31	$740,175
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
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	$2,961,073
Total loss/gain on sale of assets	2023-12-31	$761,685
Total of all expenses incurred	2023-12-31	$3,839,477
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$3,488,630
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$0
Value of total assets at end of year	2023-12-31	$43,389,194
Value of total assets at beginning of year	2023-12-31	$44,267,598
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$350,847
Total interest from all sources	2023-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$1,459,213
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2023-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$1,459,213
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$1,000,000
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2023-12-31	$131,033
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2023-12-31	$101,126
Administrative expenses (other) incurred	2023-12-31	$150,504
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	$-878,404
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$43,389,194
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$44,267,598
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
Investment advisory and management fees	2023-12-31	$110,963
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$24,138,624
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$31,179,993
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$9,814,577
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$0
Asset value of US Government securities at end of year	2023-12-31	$9,304,960
Asset value of US Government securities at beginning of year	2023-12-31	$12,986,479
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	Yes
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$3,488,630
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
Aggregate proceeds on sale of assets	2023-12-31	$761,685
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	BAKER TILLY US LLP
Accountancy firm EIN	2023-12-31	390859910
2022 : INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$-8,722,058
Total unrealized appreciation/depreciation of assets	2022-12-31	$-8,722,058
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-8,216,081
Total loss/gain on sale of assets	2022-12-31	$-539,516
Total of all expenses incurred	2022-12-31	$4,593,947
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$4,305,182
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$0
Value of total assets at end of year	2022-12-31	$44,267,598
Value of total assets at beginning of year	2022-12-31	$57,077,626
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$288,765
Total interest from all sources	2022-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$1,045,493
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$1,045,493
Administrative expenses professional fees incurred	2022-12-31	$67,132
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$101,126
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$83,919
Administrative expenses (other) incurred	2022-12-31	$91,520
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-12,810,028
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$44,267,598
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$57,077,626
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
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
Investment advisory and management fees	2022-12-31	$130,113
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$31,179,993
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$41,793,657
Asset value of US Government securities at end of year	2022-12-31	$12,986,479
Asset value of US Government securities at beginning of year	2022-12-31	$15,200,050
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$4,305,182
Contract administrator fees	2022-12-31	$0
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Aggregate proceeds on sale of assets	2022-12-31	$-539,516
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	BAKER TILLY US LLP
Accountancy firm EIN	2022-12-31	390859910
2021 : INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$-2,342,689
Total unrealized appreciation/depreciation of assets	2021-12-31	$-2,342,689
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$-1,620,635
Total loss/gain on sale of assets	2021-12-31	$-995,994
Total of all expenses incurred	2021-12-31	$4,020,193
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$3,647,286
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$0
Value of total assets at end of year	2021-12-31	$57,077,626
Value of total assets at beginning of year	2021-12-31	$62,718,454
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$372,907
Total interest from all sources	2021-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,032,360
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,032,360
Administrative expenses professional fees incurred	2021-12-31	$114,025
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Assets. Other investments not covered elsewhere at end of year	2021-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2021-12-31	$1,161,004
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$83,919
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$110,867
Other income not declared elsewhere	2021-12-31	$685,688
Administrative expenses (other) incurred	2021-12-31	$95,546
Liabilities. Value of operating payables at end of year	2021-12-31	$0
Liabilities. Value of operating payables at beginning of year	2021-12-31	$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	2021-12-31	No
Value of net income/loss	2021-12-31	$-5,640,828
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$57,077,626
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$62,718,454
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
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
Investment advisory and management fees	2021-12-31	$152,769
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$41,793,657
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$53,598,347
Asset value of US Government securities at end of year	2021-12-31	$15,200,050
Asset value of US Government securities at beginning of year	2021-12-31	$7,348,236
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	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	$0
Employer contributions (assets) at end of year	2021-12-31	$0
Employer contributions (assets) at beginning of year	2021-12-31	$500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$3,647,286
Contract administrator fees	2021-12-31	$10,567
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$-995,994
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	WITHUM SMITH AND BROWN
Accountancy firm EIN	2021-12-31	222027092
2020 : INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$232,368
Total unrealized appreciation/depreciation of assets	2020-12-31	$232,368
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$9,131,763
Total loss/gain on sale of assets	2020-12-31	$5,075,908
Total of all expenses incurred	2020-12-31	$4,603,677
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$4,183,671
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,000,000
Value of total assets at end of year	2020-12-31	$62,718,454
Value of total assets at beginning of year	2020-12-31	$58,190,368
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$420,006
Total interest from all sources	2020-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$1,396,537
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$1,396,537
Administrative expenses professional fees incurred	2020-12-31	$120,682
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$1,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Assets. Other investments not covered elsewhere at end of year	2020-12-31	$1,161,004
Assets. Other investments not covered elsewhere at beginning of year	2020-12-31	$1,134,969
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$110,867
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$110,461
Other income not declared elsewhere	2020-12-31	$426,950
Administrative expenses (other) incurred	2020-12-31	$96,197
Liabilities. Value of operating payables at end of year	2020-12-31	$0
Liabilities. Value of operating payables at beginning of year	2020-12-31	$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	2020-12-31	No
Value of net income/loss	2020-12-31	$4,528,086
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$62,718,454
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$58,190,368
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$172,606
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$53,598,347
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$46,066,583
Value of interest in common/collective trusts at end of year	2020-12-31	$0
Value of interest in common/collective trusts at beginning of year	2020-12-31	$3,239,622
Asset value of US Government securities at end of year	2020-12-31	$7,348,236
Asset value of US Government securities at beginning of year	2020-12-31	$7,138,733
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$2,000,000
Employer contributions (assets) at end of year	2020-12-31	$500,000
Employer contributions (assets) at beginning of year	2020-12-31	$500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$4,183,671
Contract administrator fees	2020-12-31	$30,521
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$5,075,908
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	WITHUM SMITH AND BROWN
Accountancy firm EIN	2020-12-31	222027092
2019 : INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$2,754,072
Total unrealized appreciation/depreciation of assets	2019-12-31	$2,754,072
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$9,495,985
Total loss/gain on sale of assets	2019-12-31	$2,990,169
Total of all expenses incurred	2019-12-31	$4,316,681
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$3,796,733
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,000,000
Value of total assets at end of year	2019-12-31	$58,190,368
Value of total assets at beginning of year	2019-12-31	$53,011,064
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$519,948
Total interest from all sources	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$1,351,577
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$1,351,577
Administrative expenses professional fees incurred	2019-12-31	$67,740
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$1,134,969
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$1,863,862
Value of other receiveables (less allowance for doubtful accounts) at end of year	2019-12-31	$110,461
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2019-12-31	$97,917
Other income not declared elsewhere	2019-12-31	$400,167
Administrative expenses (other) incurred	2019-12-31	$161,156
Liabilities. Value of operating payables at end of year	2019-12-31	$0
Liabilities. Value of operating payables at beginning of year	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$0
Total non interest bearing cash at beginning of year	2019-12-31	$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	2019-12-31	No
Value of net income/loss	2019-12-31	$5,179,304
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$58,190,368
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$53,011,064
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$228,162
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$46,066,583
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$39,261,039
Value of interest in common/collective trusts at end of year	2019-12-31	$3,239,622
Value of interest in common/collective trusts at beginning of year	2019-12-31	$3,026,339
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$15,175
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$15,175
Asset value of US Government securities at end of year	2019-12-31	$7,138,733
Asset value of US Government securities at beginning of year	2019-12-31	$8,246,732
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$2,000,000
Employer contributions (assets) at end of year	2019-12-31	$500,000
Employer contributions (assets) at beginning of year	2019-12-31	$500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$3,796,733
Contract administrator fees	2019-12-31	$62,890
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Aggregate proceeds on sale of assets	2019-12-31	$2,990,169
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	WITHUM SMITH AND BROWN
Accountancy firm EIN	2019-12-31	222027092

Form 5500 Responses for INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN

2023: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	Yes
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: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: INSPIRA MEDICAL CENTERS, INC. CASH BALANCE RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	INSPIRA MEDICAL CENTERS, INC.
Employer identification number (EIN):	210634484
NAIC Classification:	622000
NAIC Description:	Hospitals