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FORM 5500 DATA

American Heart Association, Inc. Qualified Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2015 — 12/31/2015
  • Date of Plan01/01/1992
  • Net Assets as of 12/31/2015 $233,445,962
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Report DescriptionThis is the first report filed for the plan.
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2015

  • Active (Eligible) Participants3,192
  • Retired or separated participants receiving benefits9
  • Other retired or separated participants entitled to future benefits2,778
  • Subtotal5,979
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits7
  • Total5,986
  • Total number of participants as of 01/01/20155,890
  • Number of participants with account balances5,727
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

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

Sponsor Information

  • Address7272 Greenville Ave
  • CityDallas
  • StateTX
  • Zip75231-5129
  • Telephone(214) 706-1781
  • EIN13-5613797
  • Industry Code813000
  • Named AdministratorKatherine Neverdousky

Audit Information

  • Audit StatusAudited
  • AuditorCrowe Horwath, LLP
  • Auditor EIN35-0921680
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
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.
2K 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 contributions 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.
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.

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 $27,775,127
Contributions $19,810,926
Cash Contributions $19,810,926
Cash from Employers $19,739,317
Cash from Participants $0
Others (including rollovers) $71,609
Noncash Contributions $0
Total Earnings on Investments $7,964,201
Total Interest $1,025,084
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $1,025,084
Total Dividends $6,939,117
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 $0
Other Income $0
Expenses $21,282,908
Total Benefit Payments $21,224,744
Directly to participants or beneficiaries, including direct rollovers $13,492,353
To insurance carriers for the provision of benefits $650,255
Other Benefit Payment Fees $7,082,136
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $58,164
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $58,164
Net Income $6,492,219
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2015 12/31/2014 Change YOY
Total Assets $233,445,962 $226,953,743 2.86%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $754,682 $695,000 8.59%
Employer Contributions $754,682 $695,000 8.59%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
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) $3,317,922 $3,172,674 4.58%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $0 $0 0.0%
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 $162,471,215 $158,312,896 2.63%
Value of funds held in insurance co. general account $66,902,143 $64,773,173 3.29%
Other Investments $0 $0 0.0%
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 $233,445,962 $226,953,743 2.86%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • TIAA
  • 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
Fidelity Investments Institutional Recordkeeping fees, Participant loan processing, Account maintenance fees Recordkeeper $57,447 $0 $57,447
Tiaa - Teachers Insurance Anannuity Sub-transfer agency fees Recordkeeper $717 $0 $717
Total $58,164 $0 $58,164

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Alzgi Nfj Smcpvl Is - Boston Financ Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Am Cent Div Bnd Inst - American Cen Sub-transfer agency fees 0.05% $0
Fidelity Investments Institutional Aston/M&C Growth I-Bny Mellon Inv Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Gs Sm Cap Value Inst - Goldman, Sac Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Harbor Cap Appr Inst - Harbor Servi Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Invs Smcp Grth R5 - Invesco Canada Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Mfs Research Intl R4 - Mfs Service Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Nyl Guar Int Account Sub-transfer agency fees 0.25% $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

Name of Investment Investment Manager Type of Investment Dollar Value
Tiaa-Cref Real Estate Tiaa-Cref DFE: Pooled Separate Account $2,616,808
Total $2,616,808

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Tiaa-Cref 1,815
EIN 13-1624203
Industry Code 69345
Contract Number 101140
Contract Year 01/01/2015 — 12/31/2015
Value in General Account at Year End $21,345,560
Value in Separate Accounts at Year End $40,439,016
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 Guaranteed Investment
Balance at the end of the previous year $21,301,303
Additions $1,998,962
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $875,002
Transferred from separate account $1,123,960
Other $0
Total of Balance and Additions $23,300,265
Deductions $1,954,705
Disbursed from fund to pay benefits or purchase annuities during the year $925,415
Administration charge made by carrier $0
Transferred to Separate Account $872,291
Other $156,999
Balance at the end of the current year $21,345,560