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VALLEY HEALTH PARTNERS HEALTH AND WELFARE 401k Plan overview

Plan NameVALLEY HEALTH PARTNERS HEALTH AND WELFARE
Plan identification number 501

VALLEY HEALTH PARTNERS HEALTH AND WELFARE Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)
  • Other welfare benefit cover

401k Sponsoring company profile

VALLEY HEALTH PARTNERS has sponsored the creation of one or more 401k plans.

Company Name:VALLEY HEALTH PARTNERS
Employer identification number (EIN):844777617
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALLEY HEALTH PARTNERS HEALTH AND WELFARE

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012023-06-01ALYSSA BENNETT2024-10-11

Plan Statistics for VALLEY HEALTH PARTNERS HEALTH AND WELFARE

401k plan membership statisitcs for VALLEY HEALTH PARTNERS HEALTH AND WELFARE

Measure Date Value
2023: VALLEY HEALTH PARTNERS HEALTH AND WELFARE 2023 401k membership
Total participants, beginning-of-year2023-06-01114
Total number of active participants reported on line 7a of the Form 55002023-06-01145
Number of retired or separated participants receiving benefits2023-06-010
Number of other retired or separated participants entitled to future benefits2023-06-010
Total of all active and inactive participants2023-06-01145
Number of employers contributing to the scheme2023-06-010

Form 5500 Responses for VALLEY HEALTH PARTNERS HEALTH AND WELFARE

2023: VALLEY HEALTH PARTNERS HEALTH AND WELFARE 2023 form 5500 responses
2023-06-01Type of plan entitySingle employer plan
2023-06-01First time form 5500 has been submittedYes
2023-06-01This return/report is a short plan year return/report (less than 12 months)Yes
2023-06-01Plan funding arrangement – InsuranceYes
2023-06-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HIGHMARK BLUE SHIELD (National Association of Insurance Commissioners NAIC id number: 54771 )
Policy contract number294341
Policy instance 1
Insurance contract or identification number294341
Number of Individuals Covered304
Insurance policy start date2023-06-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $26,496
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,267,208
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1158679
Policy instance 2
Insurance contract or identification number1158679
Number of Individuals Covered352
Insurance policy start date2023-06-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $29,847
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, EMPLOYEE ASSISTANCE PROGRAM, ACCIDENT, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $181,021
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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