401k Plan data: BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN plan

BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 401k Plan overview

Plan Name	BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN
Plan identification number	003

BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BETHESDA HOSPITAL, INC. has sponsored the creation of one or more 401k plans.

Company Name: BETHESDA HOSPITAL, INC.

Employer identification number (EIN): 592447554

NAIC Classification: 622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01
003 2021-01-01

Plan Statistics for BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN

401k plan membership statisitcs for BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN

Measure Date Value
2022: BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 761
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Number of participants with account balances 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 834
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 440
Number of retired or separated participants receiving benefits 2021-01-01 17
Number of other retired or separated participants entitled to future benefits 2021-01-01 298
Total of all active and inactive participants 2021-01-01 755
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 6
Total participants 2021-01-01 761
Number of participants with account balances 2021-01-01 761
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0

Measure	Date	Value
2022: BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	761
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Number of participants with account balances	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	834
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	440
Number of retired or separated participants receiving benefits	2021-01-01	17
Number of other retired or separated participants entitled to future benefits	2021-01-01	298
Total of all active and inactive participants	2021-01-01	755
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	6
Total participants	2021-01-01	761
Number of participants with account balances	2021-01-01	761
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0

Financial Data on BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN

Measure	Date	Value
2022 : BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2022 401k financial data
Total transfer of assets from this plan	2022-12-31	$35,791,185
Total income from all sources (including contributions)	2022-12-31	$-7,330,116
Total of all expenses incurred	2022-12-31	$5,549,850
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$5,523,589
Value of total assets at end of year	2022-12-31	$0
Value of total assets at beginning of year	2022-12-31	$48,671,151
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$26,261
Total interest from all sources	2022-12-31	$83,349
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$784,932
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2022-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$784,932
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$533,568
Administrative expenses (other) incurred	2022-12-31	$26,261
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	$-12,879,966
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$48,671,151
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$44,534,307
Interest on participant loans	2022-12-31	$23,167
Interest earned on other investments	2022-12-31	$60,182
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$3,603,276
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-8,198,397
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
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	$5,523,589
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	No
Did the plan have assets held for investment	2022-12-31	No
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	Yes
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	GRANT THORNTON
Accountancy firm EIN	2022-12-31	366055558
2021 : BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$5,539,778
Total of all expenses incurred	2021-12-31	$3,295,952
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$3,262,172
Expenses. Certain deemed distributions of participant loans	2021-12-31	$2,915
Value of total assets at end of year	2021-12-31	$48,671,151
Value of total assets at beginning of year	2021-12-31	$46,427,325
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$30,865
Total interest from all sources	2021-12-31	$76,029
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,056,875
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	$1,056,875
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
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
Participant contributions at end of year	2021-12-31	$533,568
Participant contributions at beginning of year	2021-12-31	$726,686
Administrative expenses (other) incurred	2021-12-31	$30,865
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	$2,243,826
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$48,671,151
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$46,427,325
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$44,534,307
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$45,700,639
Interest on participant loans	2021-12-31	$32,520
Interest earned on other investments	2021-12-31	$43,509
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$3,603,276
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$4,406,874
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$3,262,172
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
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
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	GRANT THORNTON
Accountancy firm EIN	2021-12-31	366055558

Form 5500 Responses for BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN

2022: BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	Yes
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: BETHESDA HEALTH, INC. 403(B) EMPLOYEE SAVINGS PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

TA069903

Policy instance

Insurance contract or identification number	TA069903
Number of Individuals Covered	0
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )

Policy contract number

TA069903

Policy instance

Insurance contract or identification number	TA069903
Number of Individuals Covered	761
Insurance policy start date	2021-04-29
Insurance policy end date	2021-12-31
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

BETHESDA HEALTH, INC. 401(K) EMPLOYEE SAVINGS PLAN [EIN = 592447553]

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See full terms and conditions

Company Name:	BETHESDA HOSPITAL, INC.
Employer identification number (EIN):	592447554
NAIC Classification:	622000
NAIC Description:	Hospitals