PREFERRED HOME CARE OF NEW YORK LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PREFERRED HOME CARE WELFARE PLAN
| Measure | Date | Value |
|---|
| 2022 : PREFERRED HOME CARE WELFARE PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-09-15 | $0 |
| Total plan liabilities at beginning of year | 2022-09-15 | $386,405 |
| Total income from all sources | 2022-09-15 | $8,992 |
| Expenses. Total of all expenses incurred | 2022-09-15 | $330,750 |
| Total plan assets at end of year | 2022-09-15 | $0 |
| Total plan assets at beginning of year | 2022-09-15 | $708,163 |
| Value of fidelity bond covering the plan | 2022-09-15 | $5,000,000 |
| Net income (gross income less expenses) | 2022-09-15 | $-321,758 |
| Net plan assets at end of year (total assets less liabilities) | 2022-09-15 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-09-15 | $321,758 |
| Total contributions received or receivable from employer(s) | 2022-09-15 | $8,992 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-09-15 | $330,750 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-08-31 | $386,405 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-08-31 | $4,911,883 |
| Total income from all sources (including contributions) | 2022-08-31 | $12,376,532 |
| Total of all expenses incurred | 2022-08-31 | $12,684,033 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-08-31 | $10,328,552 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-08-31 | $12,375,734 |
| Value of total assets at end of year | 2022-08-31 | $708,163 |
| Value of total assets at beginning of year | 2022-08-31 | $5,541,142 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-08-31 | $2,355,481 |
| Total interest from all sources | 2022-08-31 | $798 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-08-31 | No |
| Administrative expenses professional fees incurred | 2022-08-31 | $36,348 |
| Was this plan covered by a fidelity bond | 2022-08-31 | Yes |
| Value of fidelity bond cover | 2022-08-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-08-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-08-31 | No |
| Administrative expenses (other) incurred | 2022-08-31 | $71,140 |
| Liabilities. Value of operating payables at end of year | 2022-08-31 | $256,570 |
| Total non interest bearing cash at end of year | 2022-08-31 | $707,631 |
| Total non interest bearing cash at beginning of year | 2022-08-31 | $72,370 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-08-31 | No |
| Value of net income/loss | 2022-08-31 | $-307,501 |
| Value of net assets at end of year (total assets less liabilities) | 2022-08-31 | $321,758 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-08-31 | $629,259 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-08-31 | No |
| Value of interest in pooled separate accounts at end of year | 2022-08-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-08-31 | $310 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-08-31 | $1,363,503 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-08-31 | $1,363,503 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-08-31 | $798 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-08-31 | $3,726,887 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-08-31 | No |
| Contributions received in cash from employer | 2022-08-31 | $12,375,734 |
| Employer contributions (assets) at end of year | 2022-08-31 | $222 |
| Employer contributions (assets) at beginning of year | 2022-08-31 | $4,105,269 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-08-31 | $6,601,665 |
| Contract administrator fees | 2022-08-31 | $2,247,993 |
| 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 | 2022-08-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2022-08-31 | $129,835 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-08-31 | $4,911,883 |
| Did the plan have assets held for investment | 2022-08-31 | 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 | 2022-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-08-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-08-31 | Unqualified |
| Accountancy firm name | 2022-08-31 | FASTEN HALBERSTAM LLP |
| Accountancy firm EIN | 2022-08-31 | 472319109 |
| 2021 : PREFERRED HOME CARE WELFARE PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-08-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-08-31 | $4,911,883 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-08-31 | $0 |
| Total income from all sources (including contributions) | 2021-08-31 | $16,015,717 |
| Total loss/gain on sale of assets | 2021-08-31 | $0 |
| Total of all expenses incurred | 2021-08-31 | $15,386,458 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-08-31 | $13,199,795 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-08-31 | $16,007,224 |
| Value of total assets at end of year | 2021-08-31 | $5,541,142 |
| Value of total assets at beginning of year | 2021-08-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-08-31 | $2,186,663 |
| Total interest from all sources | 2021-08-31 | $8,493 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-08-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-08-31 | No |
| Was this plan covered by a fidelity bond | 2021-08-31 | Yes |
| Value of fidelity bond cover | 2021-08-31 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-08-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-08-31 | No |
| Administrative expenses (other) incurred | 2021-08-31 | $24,018 |
| Total non interest bearing cash at end of year | 2021-08-31 | $72,370 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-08-31 | No |
| Value of net income/loss | 2021-08-31 | $629,259 |
| Value of net assets at end of year (total assets less liabilities) | 2021-08-31 | $629,259 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-08-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-08-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-08-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-08-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-08-31 | $1,363,503 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-08-31 | $8,493 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-08-31 | $2,884,023 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-08-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-08-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-08-31 | No |
| Contributions received in cash from employer | 2021-08-31 | $16,007,224 |
| Employer contributions (assets) at end of year | 2021-08-31 | $4,105,269 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-08-31 | $10,315,772 |
| Contract administrator fees | 2021-08-31 | $2,039,432 |
| Liabilities. Value of benefit claims payable at end of year | 2021-08-31 | $4,911,883 |
| Did the plan have assets held for investment | 2021-08-31 | 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 | 2021-08-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-08-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-08-31 | Unqualified |
| Accountancy firm name | 2021-08-31 | FASTEN HALBERSTAM LLP |
| Accountancy firm EIN | 2021-08-31 | 472319109 |
| FIRST UNUM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 64297 ) |
| Policy contract number | 955886 |
| Policy instance | 1 |
| Insurance contract or identification number | 955886 | | Number of Individuals Covered | 6374 | | Insurance policy start date | 2021-09-01 | | Insurance policy end date | 2022-06-01 | | Total amount of commissions paid to insurance broker | USD $14,038 | | Life Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $191,805 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $14,038 | | Insurance broker organization code? | 3 |
|
| ZURICH AMERICAN INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 16535 ) |
| Policy contract number | GPA 0553624 |
| Policy instance | 2 |
| Insurance contract or identification number | GPA 0553624 | | Number of Individuals Covered | 2300 | | Insurance policy start date | 2021-09-01 | | Insurance policy end date | 2022-05-31 | | Total amount of commissions paid to insurance broker | USD $64,314 | | Other welfare benefits provided | AD&D | | Welfare Benefit Premiums Paid to Carrier | USD $306,259 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $64,314 | | Insurance broker organization code? | 3 |
|
| ZURICH AMERICAN INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 16535 ) |
| Policy contract number | GRH 0553625 |
| Policy instance | 3 |
| Insurance contract or identification number | GRH 0553625 | | Number of Individuals Covered | 2300 | | Insurance policy start date | 2021-09-01 | | Insurance policy end date | 2022-05-31 | | Total amount of commissions paid to insurance broker | USD $68,802 | | Other welfare benefits provided | SPECIFIED DISEASE | | Welfare Benefit Premiums Paid to Carrier | USD $327,626 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $68,802 | | Insurance broker organization code? | 3 |
|
| NIAGARA LIFE & HEALTH INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 12285 ) |
| Policy contract number | 70000 |
| Policy instance | 4 |
| Insurance contract or identification number | 70000 | | Number of Individuals Covered | 6030 | | Insurance policy start date | 2022-02-01 | | Insurance policy end date | 2022-05-31 | | Total amount of commissions paid to insurance broker | USD $109,066 | | Dental Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $981,591 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $109,066 | | Insurance broker organization code? | 3 |
|
| NIAGARA LIFE & HEALTH INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 12285 ) |
| Policy contract number | 7800-GVRH2 |
| Policy instance | 5 |
| Insurance contract or identification number | 7800-GVRH2 | | Number of Individuals Covered | 4485 | | Insurance policy start date | 2021-01-01 | | Insurance policy end date | 2021-12-31 | | Total amount of commissions paid to insurance broker | USD $260,711 | | Welfare Benefit Premiums Paid to Carrier | USD $2,482,960 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $248,296 | | Insurance broker organization code? | 3 |
|
| NIAGARA LIFE & HEALTH INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 12285 ) |
| Policy contract number | 7800-GVRH2 |
| Policy instance | 6 |
| Insurance contract or identification number | 7800-GVRH2 | | Number of Individuals Covered | 4620 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-04-30 | | Total amount of commissions paid to insurance broker | USD $201,589 | | Welfare Benefit Premiums Paid to Carrier | USD $1,062,542 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $106,275 | | Insurance broker organization code? | 3 |
|
| FIRST UNUM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 64297 ) |
| Policy contract number | 955886 |
| Policy instance | 1 |
| Insurance contract or identification number | 955886 | | Number of Individuals Covered | 2866 | | Insurance policy start date | 2020-09-01 | | Insurance policy end date | 2021-08-31 | | Total amount of commissions paid to insurance broker | USD $8,494 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | Yes | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $89,061 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| ZURICH AMERICAN INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 16535 ) |
| Policy contract number | GPA 0553624 |
| Policy instance | 2 |
| Insurance contract or identification number | GPA 0553624 | | Number of Individuals Covered | 2300 | | Insurance policy start date | 2020-09-01 | | Insurance policy end date | 2021-08-31 | | Total amount of commissions paid to insurance broker | USD $111,302 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Other welfare benefits provided | AD&D | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $530,009 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| ZURICH AMERICAN INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 16535 ) |
| Policy contract number | GPH 0553625 |
| Policy instance | 3 |
| Insurance contract or identification number | GPH 0553625 | | Number of Individuals Covered | 2300 | | Insurance policy start date | 2020-09-01 | | Insurance policy end date | 2021-08-31 | | Total amount of commissions paid to insurance broker | USD $119,067 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Other welfare benefits provided | SPECIFIED DISEASE | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $566,987 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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