ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOMERSET MEDICAL CENTER RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2017: SOMERSET MEDICAL CENTER RETIREMENT PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 60,315,922 |
| Acturial value of plan assets | 2017-12-31 | 61,897,490 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 41,282,539 |
| Number of terminated vested participants | 2017-12-31 | 301 |
| Fundng target for terminated vested participants | 2017-12-31 | 10,193,470 |
| Active participant vested funding target | 2017-12-31 | 12,969,010 |
| Number of active participants | 2017-12-31 | 383 |
| Total funding liabilities for active participants | 2017-12-31 | 12,969,010 |
| Total participant count | 2017-12-31 | 1,352 |
| Total funding target for all participants | 2017-12-31 | 64,445,019 |
| Present value of excess contributions | 2017-12-31 | 1,796,289 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 1,903,887 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Total employer contributions | 2017-12-31 | 1,287,564 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 1,257,018 |
| 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 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 850,000 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 2,547,529 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 1,115,312 |
| Additional cash requirement | 2017-12-31 | 1,115,312 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 1,257,018 |
| 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 | 1,352 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 0 |
| Total of all active and inactive participants | 2017-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 0 |
| Total participants | 2017-01-01 | 0 |
| Number of participants with account balances | 2017-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
| 2016: SOMERSET MEDICAL CENTER RETIREMENT PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 57,798,007 |
| Acturial value of plan assets | 2016-12-31 | 61,146,637 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 40,833,781 |
| Number of terminated vested participants | 2016-12-31 | 291 |
| Fundng target for terminated vested participants | 2016-12-31 | 8,929,176 |
| Active participant vested funding target | 2016-12-31 | 14,180,870 |
| Number of active participants | 2016-12-31 | 415 |
| Total funding liabilities for active participants | 2016-12-31 | 14,191,969 |
| Total participant count | 2016-12-31 | 1,377 |
| Total funding target for all participants | 2016-12-31 | 63,954,926 |
| 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 | 0 |
| 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 | 3,704,103 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 3,934,498 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 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 | 0 |
| Total employer contributions | 2016-12-31 | 4,507,504 |
| 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 | 4,171,418 |
| 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 | 844,000 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 2,808,289 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 2,375,129 |
| 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 | 0 |
| Additional cash requirement | 2016-12-31 | 2,375,129 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 4,171,418 |
| 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 | 1,377 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 383 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 629 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 291 |
| Total of all active and inactive participants | 2016-01-01 | 1,303 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 49 |
| Total participants | 2016-01-01 | 1,352 |
| 2015: SOMERSET MEDICAL CENTER RETIREMENT PLAN 2015 401k membership |
|---|
| Total participants, beginning-of-year | 2015-01-01 | 1,702 |
| Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 415 |
| Number of retired or separated participants receiving benefits | 2015-01-01 | 634 |
| Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 282 |
| Total of all active and inactive participants | 2015-01-01 | 1,331 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 43 |
| Total participants | 2015-01-01 | 1,374 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
| 2014: SOMERSET MEDICAL CENTER RETIREMENT PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-01-01 | 1,723 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 445 |
| Number of retired or separated participants receiving benefits | 2014-01-01 | 606 |
| Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 605 |
| Total of all active and inactive participants | 2014-01-01 | 1,656 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 46 |
| Total participants | 2014-01-01 | 1,702 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2017 : SOMERSET MEDICAL CENTER RETIREMENT PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $2,757 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $2,757 |
| Total transfer of assets from this plan | 2017-12-31 | $62,923,015 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $3,532,907 |
| Total income from all sources (including contributions) | 2017-12-31 | $8,027,736 |
| Total loss/gain on sale of assets | 2017-12-31 | $258,903 |
| Total of all expenses incurred | 2017-12-31 | $5,538,230 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $4,565,910 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,287,565 |
| Value of total assets at end of year | 2017-12-31 | $0 |
| Value of total assets at beginning of year | 2017-12-31 | $63,966,416 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $972,320 |
| Total interest from all sources | 2017-12-31 | $573,403 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $1,045,770 |
| 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 | $1,045,453 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
| Aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers | 2017-12-31 | 0 |
| Minimum employer required contribution for this plan year | 2017-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 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 | $-64,770,050 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $6,744,815 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $3,532,907 |
| Other income not declared elsewhere | 2017-12-31 | $6,468 |
| Administrative expenses (other) incurred | 2017-12-31 | $972,320 |
| 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 | $2,489,506 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $60,433,509 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $228,616 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $37,241,967 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $942,888 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $786,735 |
| Interest earned on other investments | 2017-12-31 | $151,824 |
| Income. Interest from US Government securities | 2017-12-31 | $198,380 |
| Income. Interest from corporate debt instruments | 2017-12-31 | $187,153 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $61,743,600 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $36,046 |
| Asset value of US Government securities at end of year | 2017-12-31 | $1,854,946 |
| Asset value of US Government securities at beginning of year | 2017-12-31 | $11,870,881 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $4,855,013 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $-2,143 |
| 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 | $1,287,565 |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $3,376,875 |
| Income. Dividends from common stock | 2017-12-31 | $317 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $4,565,910 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2017-12-31 | $1,742,177 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $2,202,966 |
| 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 | Yes |
| Aggregate proceeds on sale of assets | 2017-12-31 | $179,543,777 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $179,284,874 |
| 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 | WITHUMSMITH+BROWN, PC |
| Accountancy firm EIN | 2017-12-31 | 222027092 |
| 2016 : SOMERSET MEDICAL CENTER RETIREMENT PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $91,961 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $91,961 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $3,532,907 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $413,648 |
| Total income from all sources (including contributions) | 2016-12-31 | $8,058,640 |
| Total loss/gain on sale of assets | 2016-12-31 | $180,659 |
| Total of all expenses incurred | 2016-12-31 | $5,589,374 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $4,658,893 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $3,507,464 |
| Value of total assets at end of year | 2016-12-31 | $63,966,416 |
| Value of total assets at beginning of year | 2016-12-31 | $58,377,891 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $930,481 |
| Total interest from all sources | 2016-12-31 | $623,433 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $807,098 |
| 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 | $807,098 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
| 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 | $6,744,815 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $3,654,020 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $130,589 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $496,800 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $3,532,907 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $413,648 |
| Other income not declared elsewhere | 2016-12-31 | $820,471 |
| Administrative expenses (other) incurred | 2016-12-31 | $930,481 |
| 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 | $2,469,266 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $60,433,509 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $57,964,243 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $37,241,967 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $30,770,778 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $786,735 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $1,227,350 |
| Interest earned on other investments | 2016-12-31 | $223,073 |
| Income. Interest from US Government securities | 2016-12-31 | $180,223 |
| Income. Interest from corporate debt instruments | 2016-12-31 | $209,696 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $3,116,793 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $3,116,793 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $10,441 |
| Asset value of US Government securities at end of year | 2016-12-31 | $11,870,881 |
| Asset value of US Government securities at beginning of year | 2016-12-31 | $10,574,104 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $2,027,554 |
| 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 | $3,376,875 |
| Employer contributions (assets) at end of year | 2016-12-31 | $3,376,875 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $4,417,654 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $4,658,893 |
| Asset. Corporate debt instrument preferred debt at end of year | 2016-12-31 | $1,742,177 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2016-12-31 | $1,055,142 |
| Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $2,202,966 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $3,065,250 |
| 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 | $157,789,836 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $157,609,177 |
| 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 | WITHUMSMITH AND BROWN, PC |
| Accountancy firm EIN | 2016-12-31 | 222027092 |
| 2015 : SOMERSET MEDICAL CENTER RETIREMENT PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-402,494 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-402,494 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $413,648 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $401,943 |
| Total income from all sources (including contributions) | 2015-12-31 | $5,029,452 |
| Total loss/gain on sale of assets | 2015-12-31 | $-90,393 |
| Total of all expenses incurred | 2015-12-31 | $18,641,756 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $17,712,023 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $5,662,939 |
| Value of total assets at end of year | 2015-12-31 | $58,377,891 |
| Value of total assets at beginning of year | 2015-12-31 | $71,978,490 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $929,733 |
| Total interest from all sources | 2015-12-31 | $530,590 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $1,058,920 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,058,920 |
| Administrative expenses professional fees incurred | 2015-12-31 | $171,742 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $3,654,020 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $4,336,320 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $496,800 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $436,258 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $413,648 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $401,943 |
| Other income not declared elsewhere | 2015-12-31 | $348 |
| Administrative expenses (other) incurred | 2015-12-31 | $571,158 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-13,612,304 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $57,964,243 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $71,576,547 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $139,098 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $30,770,778 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $42,742,316 |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $1,227,350 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $586,538 |
| Interest earned on other investments | 2015-12-31 | $79,823 |
| Income. Interest from US Government securities | 2015-12-31 | $199,129 |
| Income. Interest from corporate debt instruments | 2015-12-31 | $250,663 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $3,116,793 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $6,804,153 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $6,804,153 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $975 |
| Asset value of US Government securities at end of year | 2015-12-31 | $10,574,104 |
| Asset value of US Government securities at beginning of year | 2015-12-31 | $11,419,022 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-1,730,458 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $5,662,939 |
| Employer contributions (assets) at end of year | 2015-12-31 | $4,417,654 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $571,704 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $17,712,023 |
| Asset. Corporate debt instrument preferred debt at end of year | 2015-12-31 | $1,055,142 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2015-12-31 | $893,279 |
| Asset. Corporate debt instrument debt (other) at end of year | 2015-12-31 | $3,065,250 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2015-12-31 | $4,188,900 |
| Contract administrator fees | 2015-12-31 | $47,735 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Aggregate proceeds on sale of assets | 2015-12-31 | $190,602,297 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $190,692,690 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | BAKER TILLY VIRCHOW KRAUSE, LLP |
| Accountancy firm EIN | 2015-12-31 | 390859910 |
| 2014 : SOMERSET MEDICAL CENTER RETIREMENT PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $240,181 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $240,181 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $401,943 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $575,185 |
| Total income from all sources (including contributions) | 2014-12-31 | $7,104,458 |
| Total loss/gain on sale of assets | 2014-12-31 | $592,234 |
| Total of all expenses incurred | 2014-12-31 | $4,830,367 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $4,273,737 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $2,362,370 |
| Value of total assets at end of year | 2014-12-31 | $71,978,490 |
| Value of total assets at beginning of year | 2014-12-31 | $69,877,641 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $556,630 |
| Total interest from all sources | 2014-12-31 | $472,561 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $1,328,250 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $1,327,910 |
| Administrative expenses professional fees incurred | 2014-12-31 | $90,719 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $4,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $4,336,320 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $2,976,421 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $436,258 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $393,992 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $401,943 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $575,185 |
| Other income not declared elsewhere | 2014-12-31 | $2,131 |
| Administrative expenses (other) incurred | 2014-12-31 | $281,799 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $2,274,091 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $71,576,547 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $69,302,456 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Investment advisory and management fees | 2014-12-31 | $130,407 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $42,742,316 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $45,307,674 |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $586,538 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $954,567 |
| Interest earned on other investments | 2014-12-31 | $77,958 |
| Income. Interest from US Government securities | 2014-12-31 | $162,637 |
| Income. Interest from corporate debt instruments | 2014-12-31 | $231,474 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $6,804,153 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $4,300,508 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $4,300,508 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $492 |
| Asset value of US Government securities at end of year | 2014-12-31 | $11,419,022 |
| Asset value of US Government securities at beginning of year | 2014-12-31 | $11,149,692 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $2,106,731 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $2,362,370 |
| Employer contributions (assets) at end of year | 2014-12-31 | $571,704 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $737,506 |
| Income. Dividends from common stock | 2014-12-31 | $340 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $4,273,737 |
| Asset. Corporate debt instrument preferred debt at end of year | 2014-12-31 | $893,279 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2014-12-31 | $817,010 |
| Asset. Corporate debt instrument debt (other) at end of year | 2014-12-31 | $4,188,900 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2014-12-31 | $3,240,271 |
| Contract administrator fees | 2014-12-31 | $53,705 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $166,958,681 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $166,366,447 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | BAKER TILLY VIRCHOW KRAUSE, LLP |
| Accountancy firm EIN | 2014-12-31 | 390859910 |
