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CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 401k Plan overview

Plan NameCENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN
Plan identification number 001

CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CENTRAL VERMONT MEDICAL CENTER has sponsored the creation of one or more 401k plans.

Company Name:CENTRAL VERMONT MEDICAL CENTER
Employer identification number (EIN):222547186
NAIC Classification:622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01SARA PRYCE
0012016-01-01SARA PRYCE
0012015-01-01NANCY LOTHIAN
0012014-01-01NANCY LOTHIAN
0012013-01-01NANCY LOTHIAN
0012012-01-01NANCY LOTHIAN
0012011-01-01NANCY LOTHIAN
0012010-01-01NANCY LOTHIAN
0012009-01-01NANCYLOTHIAN

Plan Statistics for CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN

401k plan membership statisitcs for CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN

Measure Date Value
2017: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-31111,781,166
Acturial value of plan assets2017-12-31113,272,568
Funding target for retired participants and beneficiaries receiving payment2017-12-3147,674,552
Number of terminated vested participants2017-12-31328
Fundng target for terminated vested participants2017-12-3112,569,044
Active participant vested funding target2017-12-3148,529,471
Number of active participants2017-12-31711
Total funding liabilities for active participants2017-12-3148,985,371
Total participant count2017-12-311,542
Total funding target for all participants2017-12-31109,228,967
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-312,888,079
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-312,888,079
Present value of excess contributions2017-12-314,671,992
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-314,957,451
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-314,957,451
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-317,408,615
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31666,517
Total employer contributions2017-12-315,100,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-314,685,332
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-313,377,084
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Waived amount of outstanding balance2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-314,685,332
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-011,542
Total number of active participants reported on line 7a of the Form 55002017-01-01629
Number of retired or separated participants receiving benefits2017-01-01278
Number of other retired or separated participants entitled to future benefits2017-01-01228
Total of all active and inactive participants2017-01-011,135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-016
Total participants2017-01-011,141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-017
2016: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-31103,837,896
Acturial value of plan assets2016-12-31107,442,130
Funding target for retired participants and beneficiaries receiving payment2016-12-3139,352,768
Number of terminated vested participants2016-12-31348
Fundng target for terminated vested participants2016-12-3111,479,261
Active participant vested funding target2016-12-3149,598,570
Number of active participants2016-12-31766
Total funding liabilities for active participants2016-12-3150,100,772
Total participant count2016-12-311,572
Total funding target for all participants2016-12-31100,932,801
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3110,663,635
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-313,102,999
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-317,560,636
Present value of excess contributions2016-12-311,488,342
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-311,484,919
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-311,484,919
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-316,140,087
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-312,888,079
Total employer contributions2016-12-315,100,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-314,671,992
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-313,621,250
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-314,671,992
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-011,572
Total number of active participants reported on line 7a of the Form 55002016-01-01711
Number of retired or separated participants receiving benefits2016-01-01473
Number of other retired or separated participants entitled to future benefits2016-01-01326
Total of all active and inactive participants2016-01-011,510
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0132
Total participants2016-01-011,542
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011,613
Total number of active participants reported on line 7a of the Form 55002015-01-01766
Number of retired or separated participants receiving benefits2015-01-01429
Number of other retired or separated participants entitled to future benefits2015-01-01345
Total of all active and inactive participants2015-01-011,540
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0132
Total participants2015-01-011,572
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0120
2014: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011,647
Total number of active participants reported on line 7a of the Form 55002014-01-01847
Number of retired or separated participants receiving benefits2014-01-01410
Number of other retired or separated participants entitled to future benefits2014-01-01322
Total of all active and inactive participants2014-01-011,579
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-0134
Total participants2014-01-011,613
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0111
2013: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011,687
Total number of active participants reported on line 7a of the Form 55002013-01-01901
Number of retired or separated participants receiving benefits2013-01-01388
Number of other retired or separated participants entitled to future benefits2013-01-01323
Total of all active and inactive participants2013-01-011,612
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-0135
Total participants2013-01-011,647
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0130
2012: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,736
Total number of active participants reported on line 7a of the Form 55002012-01-01978
Number of retired or separated participants receiving benefits2012-01-01371
Number of other retired or separated participants entitled to future benefits2012-01-01306
Total of all active and inactive participants2012-01-011,655
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-0132
Total participants2012-01-011,687
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0144
2011: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,689
Total number of active participants reported on line 7a of the Form 55002011-01-011,060
Number of retired or separated participants receiving benefits2011-01-01353
Number of other retired or separated participants entitled to future benefits2011-01-01291
Total of all active and inactive participants2011-01-011,704
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-0132
Total participants2011-01-011,736
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0150
2010: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-011,622
Total number of active participants reported on line 7a of the Form 55002010-01-011,039
Number of retired or separated participants receiving benefits2010-01-01328
Number of other retired or separated participants entitled to future benefits2010-01-01293
Total of all active and inactive participants2010-01-011,660
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-0129
Total participants2010-01-011,689
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0150
2009: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011,510
Total number of active participants reported on line 7a of the Form 55002009-01-011,007
Number of retired or separated participants receiving benefits2009-01-01311
Number of other retired or separated participants entitled to future benefits2009-01-01278
Total of all active and inactive participants2009-01-011,596
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-0126
Total participants2009-01-011,622
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0151

Financial Data on CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN

Measure Date Value
2017 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$25,458,683
Total of all expenses incurred2017-12-31$21,003,736
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$19,869,277
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$5,100,132
Value of total assets at end of year2017-12-31$116,378,662
Value of total assets at beginning of year2017-12-31$111,923,715
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,134,459
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$2,620,704
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$2,620,704
Administrative expenses professional fees incurred2017-12-31$41,550
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Assets. Other investments not covered elsewhere at end of year2017-12-31$110,755,953
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$9,551,443
Administrative expenses (other) incurred2017-12-31$972,769
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$4,454,947
Value of net assets at end of year (total assets less liabilities)2017-12-31$116,378,662
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$111,923,715
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$120,140
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$522,709
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$106,823,715
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$17,737,847
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$5,100,132
Employer contributions (assets) at end of year2017-12-31$5,100,000
Employer contributions (assets) at beginning of year2017-12-31$5,100,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$10,317,834
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31MCSOLEY MCCOY & CO.
Accountancy firm EIN2017-12-31130327374
2016 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$13,071,992
Total of all expenses incurred2016-12-31$5,053,322
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$4,148,492
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$5,100,000
Value of total assets at end of year2016-12-31$111,923,715
Value of total assets at beginning of year2016-12-31$103,905,045
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$904,830
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$2,739,557
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$2,739,557
Administrative expenses professional fees incurred2016-12-31$199,482
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Administrative expenses (other) incurred2016-12-31$705,348
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$8,018,670
Value of net assets at end of year (total assets less liabilities)2016-12-31$111,923,715
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$103,905,045
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$106,823,715
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$87,318,103
Value of interest in common/collective trusts at end of year2016-12-31$0
Value of interest in common/collective trusts at beginning of year2016-12-31$13,186,942
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$5,232,435
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$5,100,000
Employer contributions (assets) at end of year2016-12-31$5,100,000
Employer contributions (assets) at beginning of year2016-12-31$3,400,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$4,148,492
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31MCSOLEY MCCOY & CO.
Accountancy firm EIN2016-12-31030327374
2015 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$3,165,389
Total of all expenses incurred2015-12-31$4,141,416
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$3,594,661
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$3,400,000
Value of total assets at end of year2015-12-31$103,905,045
Value of total assets at beginning of year2015-12-31$104,881,072
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$546,755
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$2,495,925
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$2,495,925
Administrative expenses professional fees incurred2015-12-31$160,550
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Administrative expenses (other) incurred2015-12-31$386,205
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-976,027
Value of net assets at end of year (total assets less liabilities)2015-12-31$103,905,045
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$104,881,072
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$87,318,103
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$84,419,452
Value of interest in common/collective trusts at end of year2015-12-31$13,186,942
Value of interest in common/collective trusts at beginning of year2015-12-31$13,661,620
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-2,474,630
Net investment gain or loss from common/collective trusts2015-12-31$-255,906
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$3,400,000
Employer contributions (assets) at end of year2015-12-31$3,400,000
Employer contributions (assets) at beginning of year2015-12-31$6,800,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$3,594,661
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31MCSOLEY MCCOY & CO.
Accountancy firm EIN2015-12-31030327374
2014 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$16,272,150
Total of all expenses incurred2014-12-31$3,845,914
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$3,339,407
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$6,800,000
Value of total assets at end of year2014-12-31$104,881,072
Value of total assets at beginning of year2014-12-31$92,454,836
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$506,507
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,008,014
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$2,008,014
Administrative expenses professional fees incurred2014-12-31$57,200
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
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
Other income not declared elsewhere2014-12-31$269,914
Administrative expenses (other) incurred2014-12-31$449,307
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$12,426,236
Value of net assets at end of year (total assets less liabilities)2014-12-31$104,881,072
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$92,454,836
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$84,419,452
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$70,900,545
Value of interest in common/collective trusts at end of year2014-12-31$13,661,620
Value of interest in common/collective trusts at beginning of year2014-12-31$14,754,291
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$4,630,317
Net investment gain or loss from common/collective trusts2014-12-31$2,563,905
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
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
Contributions received in cash from employer2014-12-31$6,800,000
Employer contributions (assets) at end of year2014-12-31$6,800,000
Employer contributions (assets) at beginning of year2014-12-31$6,800,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$3,339,407
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 name2014-12-31MCSOLEY MCCOY & CO.
Accountancy firm EIN2014-12-31030327374
2013 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$16,189,918
Total of all expenses incurred2013-12-31$3,389,831
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$3,017,777
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$7,618,416
Value of total assets at end of year2013-12-31$92,454,836
Value of total assets at beginning of year2013-12-31$79,654,749
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$372,054
Total interest from all sources2013-12-31$220,077
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$1,443,949
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$1,443,949
Administrative expenses professional fees incurred2013-12-31$43,200
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
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
Administrative expenses (other) incurred2013-12-31$328,854
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$12,800,087
Value of net assets at end of year (total assets less liabilities)2013-12-31$92,454,836
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$79,654,749
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$70,900,545
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$63,205,279
Interest earned on other investments2013-12-31$220,077
Value of interest in common/collective trusts at end of year2013-12-31$14,754,291
Value of interest in common/collective trusts at beginning of year2013-12-31$10,867,886
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$2,039,636
Net investment gain or loss from common/collective trusts2013-12-31$4,867,840
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
Contributions received in cash from employer2013-12-31$7,618,416
Employer contributions (assets) at end of year2013-12-31$6,800,000
Employer contributions (assets) at beginning of year2013-12-31$5,581,584
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$3,017,777
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 name2013-12-31MCSOLEY MCCOY & CO.
Accountancy firm EIN2013-12-31030327374
2012 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$16,822,789
Total of all expenses incurred2012-12-31$3,241,049
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,857,513
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$8,354,784
Value of total assets at end of year2012-12-31$79,654,749
Value of total assets at beginning of year2012-12-31$66,073,009
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$383,536
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$1,470,339
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$1,470,339
Administrative expenses professional fees incurred2012-12-31$23,375
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$5,481
Other income not declared elsewhere2012-12-31$225,522
Administrative expenses (other) incurred2012-12-31$336,411
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$13,581,740
Value of net assets at end of year (total assets less liabilities)2012-12-31$79,654,749
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$66,073,009
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$23,750
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$63,205,279
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$44,632,198
Value of interest in common/collective trusts at end of year2012-12-31$10,867,886
Value of interest in common/collective trusts at beginning of year2012-12-31$12,864,329
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$3,201
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$3,201
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$5,199,879
Net investment gain or loss from common/collective trusts2012-12-31$1,572,265
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$8,354,784
Employer contributions (assets) at end of year2012-12-31$5,581,584
Employer contributions (assets) at beginning of year2012-12-31$8,567,800
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,857,513
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MCSOLEY MCCOY & CO.
Accountancy firm EIN2012-12-31030327374
2011 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-4,240,963
Total unrealized appreciation/depreciation of assets2011-12-31$-4,240,963
Total income from all sources (including contributions)2011-12-31$11,085,915
Total loss/gain on sale of assets2011-12-31$3,077,587
Total of all expenses incurred2011-12-31$3,228,542
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$2,579,930
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$12,001,024
Value of total assets at end of year2011-12-31$66,073,009
Value of total assets at beginning of year2011-12-31$58,215,636
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$648,612
Total interest from all sources2011-12-31$637,210
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$649,493
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$252,074
Administrative expenses professional fees incurred2011-12-31$44,935
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$5,481
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$175,514
Other income not declared elsewhere2011-12-31$9,348
Administrative expenses (other) incurred2011-12-31$314,259
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$7,857,373
Value of net assets at end of year (total assets less liabilities)2011-12-31$66,073,009
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$58,215,636
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$289,418
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$44,632,198
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$5,932,220
Interest earned on other investments2011-12-31$-170,032
Income. Interest from US Government securities2011-12-31$113,746
Income. Interest from corporate debt instruments2011-12-31$692,827
Value of interest in common/collective trusts at end of year2011-12-31$12,864,329
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$3,201
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,720,455
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,720,455
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$669
Asset value of US Government securities at beginning of year2011-12-31$10,887,064
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,283,959
Net investment gain or loss from common/collective trusts2011-12-31$236,175
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$12,001,024
Employer contributions (assets) at end of year2011-12-31$8,567,800
Employer contributions (assets) at beginning of year2011-12-31$2,595,894
Income. Dividends from common stock2011-12-31$397,419
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$2,579,930
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$9,900,191
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$27,004,298
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$182,056,517
Aggregate carrying amount (costs) on sale of assets2011-12-31$178,978,930
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31KPMG LLP
Accountancy firm EIN2011-12-31013556207
2010 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$474,741
Total unrealized appreciation/depreciation of assets2010-12-31$474,741
Total income from all sources (including contributions)2010-12-31$10,284,131
Total loss/gain on sale of assets2010-12-31$1,364,130
Total of all expenses incurred2010-12-31$2,681,525
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,195,189
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$6,495,894
Value of total assets at end of year2010-12-31$58,215,636
Value of total assets at beginning of year2010-12-31$50,613,030
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$486,336
Total interest from all sources2010-12-31$772,590
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$441,660
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$45,689
Administrative expenses professional fees incurred2010-12-31$41,370
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$175,514
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$148,190
Other income not declared elsewhere2010-12-31$2,134
Administrative expenses (other) incurred2010-12-31$201,052
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$7,602,606
Value of net assets at end of year (total assets less liabilities)2010-12-31$58,215,636
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$50,613,030
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$243,914
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$5,932,220
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,153,548
Income. Interest from US Government securities2010-12-31$560,139
Income. Interest from corporate debt instruments2010-12-31$212,096
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,720,455
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$2,716,997
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$2,716,997
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$355
Asset value of US Government securities at end of year2010-12-31$10,887,064
Asset value of US Government securities at beginning of year2010-12-31$15,107,589
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$732,982
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$6,495,894
Employer contributions (assets) at end of year2010-12-31$2,595,894
Employer contributions (assets) at beginning of year2010-12-31$0
Income. Dividends from common stock2010-12-31$395,971
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,195,189
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$9,900,191
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$3,686,368
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$27,004,298
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$23,800,338
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$51,045,432
Aggregate carrying amount (costs) on sale of assets2010-12-31$49,681,302
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31KPMG LLP
Accountancy firm EIN2010-12-31013556207
2009 : CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN

2017: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: CENTRAL VERMONT MEDICAL CENTER EMPLOYEES PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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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