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PATIENT HOME MONITORING 401(K) PLAN 401k Plan overview

Plan NamePATIENT HOME MONITORING 401(K) PLAN
Plan identification number 001

PATIENT HOME MONITORING 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PATIENT HOME MONITORING has sponsored the creation of one or more 401k plans.

Company Name:PATIENT HOME MONITORING
Employer identification number (EIN):271139562
NAIC Classification:621610
NAIC Description:Home Health Care Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PATIENT HOME MONITORING 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012018-01-01
0012017-01-01KIMBERLY CHILDERS
0012016-01-01CHRIS WEEKS
0012015-01-01JOHN WEEKS2017-01-23
0012014-01-01HECTOR RIVERA2015-09-23
0012013-01-01HECTOR RIVERA2014-08-28
0012012-01-01HECTOR RIVERA2014-08-28

Plan Statistics for PATIENT HOME MONITORING 401(K) PLAN

401k plan membership statisitcs for PATIENT HOME MONITORING 401(K) PLAN

Measure Date Value
2018: PATIENT HOME MONITORING 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01443
Total number of active participants reported on line 7a of the Form 55002018-01-01374
Number of retired or separated participants receiving benefits2018-01-015
Number of other retired or separated participants entitled to future benefits2018-01-0122
Total of all active and inactive participants2018-01-01401
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01401
Number of participants with account balances2018-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2017: PATIENT HOME MONITORING 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01392
Total number of active participants reported on line 7a of the Form 55002017-01-01351
Number of retired or separated participants receiving benefits2017-01-013
Number of other retired or separated participants entitled to future benefits2017-01-0125
Total of all active and inactive participants2017-01-01379
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01379
Number of participants with account balances2017-01-01237
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012
2016: PATIENT HOME MONITORING 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01250
Total number of active participants reported on line 7a of the Form 55002016-01-01207
Number of retired or separated participants receiving benefits2016-01-013
Number of other retired or separated participants entitled to future benefits2016-01-0148
Total of all active and inactive participants2016-01-01258
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01258
Number of participants with account balances2016-01-01258
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-013

Financial Data on PATIENT HOME MONITORING 401(K) PLAN

Measure Date Value
2018 : PATIENT HOME MONITORING 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets from this plan2018-12-31$2,902,108
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$493,561
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$180,128
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$167,656
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$658,245
Value of total assets at end of year2018-12-31$2,151,202
Value of total assets at beginning of year2018-12-31$4,739,877
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$12,472
Total interest from all sources2018-12-31$1,427
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31No
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$359,443
Participant contributions at end of year2018-12-31$35,458
Participant contributions at beginning of year2018-12-31$99,129
Participant contributions at end of year2018-12-31$18,663
Participant contributions at beginning of year2018-12-31$12,587
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$57,902
Total non interest bearing cash at end of year2018-12-31$975
Total non interest bearing cash at beginning of year2018-12-31$1,239
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$313,433
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,151,202
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$4,739,877
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,061,309
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$4,576,473
Interest on participant loans2018-12-31$1,419
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$8
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$23,634
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$42,536
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-166,111
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$240,900
Employer contributions (assets) at end of year2018-12-31$11,163
Employer contributions (assets) at beginning of year2018-12-31$7,913
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$167,656
Contract administrator fees2018-12-31$12,472
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BARNES DENNIG & CO LTD
Accountancy firm EIN2018-12-31311119890
2017 : PATIENT HOME MONITORING 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$460,560
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,978,857
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$871,740
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$852,286
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,407,720
Value of total assets at end of year2017-12-31$4,739,877
Value of total assets at beginning of year2017-12-31$3,172,200
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$19,454
Total interest from all sources2017-12-31$3,380
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31No
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$647,593
Participant contributions at end of year2017-12-31$99,129
Participant contributions at beginning of year2017-12-31$69,592
Participant contributions at end of year2017-12-31$12,587
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$330,561
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$7,387
Total non interest bearing cash at end of year2017-12-31$1,239
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$1,107,117
Value of net assets at end of year (total assets less liabilities)2017-12-31$4,739,877
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,172,200
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$4,576,473
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$3,069,611
Interest on participant loans2017-12-31$3,374
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$6
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$42,536
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$25,610
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$567,757
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
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$429,566
Employer contributions (assets) at end of year2017-12-31$7,913
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$852,286
Contract administrator fees2017-12-31$19,454
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 name2017-12-31DARNALL, SIKES, & FREDERICK
Accountancy firm EIN2017-12-31720738838
2016 : PATIENT HOME MONITORING 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$1,928,711
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,651,281
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$415,179
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$405,239
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,373,522
Value of total assets at end of year2016-12-31$3,172,200
Value of total assets at beginning of year2016-12-31$7,387
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$9,940
Total interest from all sources2016-12-31$2,655
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31No
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$660,063
Participant contributions at end of year2016-12-31$69,592
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$251,976
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$7,387
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$1,236,102
Value of net assets at end of year (total assets less liabilities)2016-12-31$3,172,200
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$7,387
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$3,069,611
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$7,387
Interest on participant loans2016-12-31$2,652
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$3
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$25,610
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$275,104
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
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$461,483
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$405,239
Contract administrator fees2016-12-31$9,940
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 name2016-12-31DARNALL, SIKES, GARDES, & FREDERICK
Accountancy firm EIN2016-12-31720738838

Form 5500 Responses for PATIENT HOME MONITORING 401(K) PLAN

2018: PATIENT HOME MONITORING 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PATIENT HOME MONITORING 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PATIENT HOME MONITORING 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number806690-000
Policy instance 1
Insurance contract or identification number806690-000
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $7,688
Total amount of fees paid to insurance companyUSD $1,290
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $4,821
Insurance broker organization code?3
Amount paid for insurance broker fees1290
Additional information about fees paid to insurance brokerTPA FEES
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number806690-000
Policy instance 1
Insurance contract or identification number806690-000
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $11,464
Total amount of fees paid to insurance companyUSD $1,924
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $11,464
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker nameRETIREMENT STRATEGIES GROUP

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