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FORM 5500 DATA

MedStar Health, Inc. Retirement Savings Plan

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan01/01/1997
  • Net Assets as of 12/31/2014 $1,271,522,184
  • Plan Number3
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants29,061
  • Retired or separated participants receiving benefits103
  • Other retired or separated participants entitled to future benefits4,740
  • Subtotal33,904
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits51
  • Total33,955
  • Total number of participants as of 01/01/201437,472
  • Number of participants with account balances21,999
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested224

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address5565 Sterrett Place 5th Floor
  • CityColumbia
  • StateMD
  • Zip21044
  • Telephone(410) 772-6500
  • EIN52-2087445
  • Industry Code622000
  • Named AdministratorTracey Mclaughlin

Audit Information

  • Audit StatusAudited
  • AuditorKPMG LLP
  • Auditor EIN13-5565207
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G 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.
2L Code section 403(b)(1) arrangement A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers.
2M Code section 403(b)(7) accounts A 403(b)(7) plan is a tax-deferred retirement plan often available to employees of public schools or non-profit organizations.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $5,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $202,904,388
Contributions $137,458,319
Cash Contributions $137,458,319
Cash from Employers $25,902,898
Cash from Participants $99,318,008
Others (including rollovers) $12,237,413
Noncash Contributions $0
Total Earnings on Investments $63,143,919
Total Interest $2,392,499
Interest-Bearing Cash $54
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $816,198
Interest from Other Investments $1,576,247
Total Dividends $80,899,106
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $-20,147,686
Other Income $2,302,150
Expenses $89,666,006
Total Benefit Payments $89,430,036
Directly to participants or beneficiaries, including direct rollovers $89,430,036
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $235,970
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $235,970
Net Income $113,238,382
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2014 12/31/2013 Change YOY
Total Assets $1,271,522,184 $1,158,283,802 9.78%
Total noninterest-bearing cash $9,687 $13,153 -26.35%
Receivables $26,600,616 $26,677,019 -0.29%
Employer Contributions $26,600,616 $26,677,019 -0.29%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $560,960 $289,640 93.67%
Interest-bearing cash $560,960 $289,640 93.67%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $21,114,494 $18,941,279 11.47%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $1,071,684,321 $961,649,072 11.44%
Value of funds held in insurance co. general account $108,954,636 $111,054,121 -1.89%
Other Investments $42,597,470 $39,659,518 7.41%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $1,271,522,184 $1,158,283,802 9.78%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Strategic Advisors, Inc Investment advisory (plan) Advisor $206,794 $0 $206,794
Fidelity Investments Institutional Recordkeeping fees, Participant loan processing, Account maintenance fees, Securities brokerage commissions and fees Recordkeeper $28,246 $0 $28,246
Prudential Retirement Ins and Annui Recordkeeping fees, Account maintenance fees NONE $930 $0 $930
Total $235,970 $0 $235,970

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Abf Sm Cap Val Inv-Boston Financial Sub-transfer agency fees .40% $0
Fidelity Investments Institutional Alzgi Nfj Div Vl Ad -Boston Fin Sub-transfer agency fees .35% $0
Fidelity Investments Institutional Baron Small Cap-Dst Systems, Inc Sub-transfer agency fees .40% $0
Fidelity Investments Institutional Amg Mc Cap Appr Srv-Bny Mellon Inv Sub-transfer agency fees .20% $0
Fidelity Investments Institutional Pimco Tot Return Adm-Boston Financi Sub-transfer agency fees .28% $0
Fidelity Investments Institutional Wfa Emerg Mkts Eq Adm-Boston Financ Sub-transfer agency fees .35% $0
Fidelity Investments Institutional Principal Life Ins/Fixed Account Sub-transfer agency fees .25% $0
Fidelity Investments Institutional Abf Intl Eqty Idx Is - State Street Sub-transfer agency fees .02% $0
Fidelity Investments Institutional Abf Sm Cap Val Inst - Boston Fin Sub-transfer agency fees .04% $0
Fidelity Investments Institutional Baird Core Plus Inst - Us Bancorp Sub-transfer agency fees .02% $0
Fidelity Investments Institutional Baron Small Cap Inst - Dst Systems Sub-transfer agency fees .15% $0
Fidelity Investments Institutional Pim Total Rt Inst - Boston Fin Sub-transfer agency fees .03% $0
Fidelity Investments Institutional Trp Blue Chip Grth - T. Rowe Price Sub-transfer agency fees .15% $0
Fidelity Investments Institutional Wfa Emrg Grth Inst - Boston Fin Sub-transfer agency fees .15% $0
Fidelity Investments Institutional Wfa Emrg Mkts Eq I - Boston Fin Sub-transfer agency fees .15% $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

No investments information available for this plan.

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Principal Life Insurance Company 3,450
EIN 42-0127290
Industry Code 61271
Contract Number 706530/522255
Contract Year 01/01/2014 — 12/31/2014
Value in General Account at Year End $106,689,572
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $271,800
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Fidelity Investments Tax-Exempt Ser 82 Devonshire St Boston, MA 02109 -3605 Insurance Agent or Broker $0 $271,800 REFERRAL/SERVICE FEE
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract GUARANTEED INTEREST BALANCE CONTRACT
Balance at the end of the previous year $108,613,373
Additions $15,428,192
Contributions Deposited during the year $13,726,751
Dividends and credits $0
Interest credited during the year $1,506,940
Transferred from separate account $0
Other $194,501
Total of Balance and Additions $124,041,565
Deductions $17,351,993
Disbursed from fund to pay benefits or purchase annuities during the year $17,351,993
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $106,689,572
Prudential Retirement Insurance and Annuity Co. 62
EIN 06-1050034
Industry Code 93629
Contract Number 010287
Contract Year 01/01/2014 — 12/31/2014
Value in General Account at Year End $2,265,064
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees There are no brokers listed for this plan.
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $2,440,748
Additions $69,307
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $69,307
Transferred from separate account $0
Other $0
Total of Balance and Additions $2,510,055
Deductions $244,991
Disbursed from fund to pay benefits or purchase annuities during the year $244,060
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $931
Balance at the end of the current year $2,265,064