BANNER HEALTH has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SUN HEALTH CORPORATION PENSION PLAN
| Measure | Date | Value |
|---|
| 2017: SUN HEALTH CORPORATION PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 72,767,782 |
| Acturial value of plan assets | 2017-12-31 | 76,047,302 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 45,974,553 |
| Number of terminated vested participants | 2017-12-31 | 664 |
| Fundng target for terminated vested participants | 2017-12-31 | 18,703,717 |
| Active participant vested funding target | 2017-12-31 | 17,300,383 |
| Number of active participants | 2017-12-31 | 829 |
| Total funding liabilities for active participants | 2017-12-31 | 17,470,776 |
| Total participant count | 2017-12-31 | 2,723 |
| Total funding target for all participants | 2017-12-31 | 82,149,046 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 892,348 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 892,348 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 0 |
| Present value of excess contributions | 2017-12-31 | 1,837,202 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 1,920,963 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 1,920,963 |
| Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 1,920,963 |
| Total employer contributions | 2017-12-31 | 4,030,000 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 3,784,752 |
| Liquidity shortfalls end of Q1 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2017-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 1,509,852 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 8,022,707 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 3,877,430 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 1,920,963 |
| Additional cash requirement | 2017-12-31 | 1,956,467 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 3,784,752 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 2,723 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 722 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 1,231 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 655 |
| Total of all active and inactive participants | 2017-01-01 | 2,608 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 80 |
| Total participants | 2017-01-01 | 2,688 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
| 2016: SUN HEALTH CORPORATION PENSION PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 71,022,710 |
| Acturial value of plan assets | 2016-12-31 | 75,166,728 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 43,442,560 |
| Number of terminated vested participants | 2016-12-31 | 656 |
| Fundng target for terminated vested participants | 2016-12-31 | 18,051,053 |
| Active participant vested funding target | 2016-12-31 | 18,617,576 |
| Number of active participants | 2016-12-31 | 919 |
| Total funding liabilities for active participants | 2016-12-31 | 18,804,453 |
| Total participant count | 2016-12-31 | 2,750 |
| Total funding target for all participants | 2016-12-31 | 80,298,066 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 3,326,304 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 3,326,304 |
| Amount remaining of carryover balance | 2016-12-31 | 0 |
| Amount remaining of prefunding balance | 2016-12-31 | 0 |
| Present value of excess contributions | 2016-12-31 | 891,724 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 892,348 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 892,348 |
| Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 892,348 |
| Total employer contributions | 2016-12-31 | 5,681,708 |
| Total employee contributions | 2016-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 5,347,764 |
| Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2016-12-31 | 1,393,416 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 6,023,686 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 4,402,910 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 892,348 |
| Additional cash requirement | 2016-12-31 | 3,510,562 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 5,347,764 |
| Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
| Total participants, beginning-of-year | 2016-01-01 | 2,750 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 829 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 1,174 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 644 |
| Total of all active and inactive participants | 2016-01-01 | 2,647 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 76 |
| Total participants | 2016-01-01 | 2,723 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2017 : SUN HEALTH CORPORATION PENSION PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $52,919 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $177,149 |
| Total income from all sources (including contributions) | 2017-12-31 | $14,171,530 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $6,497,101 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $4,938,733 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $4,030,000 |
| Value of total assets at end of year | 2017-12-31 | $80,496,286 |
| Value of total assets at beginning of year | 2017-12-31 | $72,946,087 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,558,368 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $887,076 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $890,506 |
| Administrative expenses professional fees incurred | 2017-12-31 | $19,476 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $3,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $18,272,461 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $7,090,271 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $54,330 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $52,475 |
| Other income not declared elsewhere | 2017-12-31 | $1,937,717 |
| Administrative expenses (other) incurred | 2017-12-31 | $1,477,937 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $52,919 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $177,149 |
| Total non interest bearing cash at end of year | 2017-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $1,700,000 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $7,674,429 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $80,443,367 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $72,768,938 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $60,955 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $40,637,706 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $44,643,449 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $18,391,789 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $15,800,892 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $3,967,225 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $3,349,512 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $4,030,000 |
| Employer contributions (assets) at end of year | 2017-12-31 | $3,140,000 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $3,659,000 |
| Income. Dividends from common stock | 2017-12-31 | $-3,430 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $4,938,733 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2017-12-31 | 910189318 |
| 2016 : SUN HEALTH CORPORATION PENSION PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $177,149 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $839,597 |
| Total income from all sources (including contributions) | 2016-12-31 | $8,627,783 |
| Total loss/gain on sale of assets | 2016-12-31 | $142 |
| Total of all expenses incurred | 2016-12-31 | $6,017,033 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $4,597,486 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $5,681,708 |
| Value of total assets at end of year | 2016-12-31 | $72,946,087 |
| Value of total assets at beginning of year | 2016-12-31 | $70,997,785 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,419,547 |
| Total interest from all sources | 2016-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $912,366 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $911,430 |
| Administrative expenses professional fees incurred | 2016-12-31 | $89,857 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $3,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $7,090,271 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $14,729,363 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $52,475 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $57,865 |
| Other income not declared elsewhere | 2016-12-31 | $298,767 |
| Administrative expenses (other) incurred | 2016-12-31 | $1,287,855 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $177,149 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $839,597 |
| Total non interest bearing cash at end of year | 2016-12-31 | $1,700,000 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $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 | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $2,610,750 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $72,768,938 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $70,158,188 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $41,835 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $44,643,449 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $40,864,446 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $15,800,892 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $13,681,819 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $464,232 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $1,270,568 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $5,681,708 |
| Employer contributions (assets) at end of year | 2016-12-31 | $3,659,000 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $1,664,292 |
| Income. Dividends from common stock | 2016-12-31 | $936 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $4,597,486 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $142 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2016-12-31 | 910189318 |
