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FORM 5500 DATA

American Heart Association, Inc. Qualified Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2018 — 12/31/2018
  • Date of Plan01/01/1992
  • Net Assets as of 12/31/2018 $302,165,924
  • 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? No
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2018

  • Active (Eligible) Participants3,344
  • Retired or separated participants receiving benefits18
  • Other retired or separated participants entitled to future benefits3,059
  • Subtotal6,421
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits12
  • Total6,433
  • Total number of participants as of 01/01/20186,363
  • Number of participants with account balances6,133
  • 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
  • Telephone(214) 706-1781
  • EIN13-5613797
  • Industry Code813000

Audit Information

  • Audit StatusAudited
  • AuditorGrant Thornton LLP
  • Auditor EIN36-6055558
  • 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 $8,309,029
Contributions $23,960,154
Cash Contributions $23,960,154
Cash from Employers $0
Cash from Participants $23,893,780
Others (including rollovers) $66,374
Noncash Contributions $0
Total Earnings on Investments $-15,651,125
Total Interest $1,246,676
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $164,438
Interest from Other Investments $1,082,238
Total Dividends $6,920,727
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 $-23,941,588
Real Estate $0
Other $-23,941,588
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $123,060
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 $21,956,972
Total Benefit Payments $21,700,239
Directly to participants or beneficiaries, including direct rollovers $21,137,855
To insurance carriers for the provision of benefits $496,361
Other Benefit Payment Fees $66,023
Corrective Distributions $0
Certain deemed distributions of participant loans $61,754
Interest expense $0
Total Administrative Expenses $194,979
Professional Fees $0
Contract Administrator Fees $4,173
Investment Advisory and management fees $0
Other Administrative Fees $190,806
Net Income $-13,647,943
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2018 12/31/2017 Change YOY
Total Assets $302,165,924 $315,813,867 -4.32%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $892,004 $867,127 2.87%
Employer Contributions $892,004 $867,127 2.87%
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) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $3,436,354 $3,700,539 -7.14%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,669,448 $2,639,087 1.15%
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 $264,713,846 $280,263,161 -5.55%
Value of funds held in insurance co. general account $30,454,189 $28,343,953 7.45%
Other Investments $83 $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 $302,165,924 $315,813,867 -4.32%

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 Participant loan processing, Recordkeeping fees, Account maintenance fees Recordkeeper $190,806 $0 $190,806
Tiaa - Teachers Insurance & Annuity Sub-transfer agency fees Recordkeeper $4,173 $0 $4,173
Total $194,979 $0 $194,979

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Gs Sm Cap Value Inst - Goldman Sub-transfer agency fees .12% $0
Fidelity Investments Institutional Harbor Cap Appr Inst Sub-transfer agency fees .10% $0
Fidelity Investments Institutional Nyl Guar Int Account Sub-transfer agency fees .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 Real Estate Tiaa-Cref DFE: Pooled Separate Account $2,669,448
Total $2,669,448

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Tiaa-Cref 1,554
EIN 13-1624203
Industry Code 69345
Contract Number 101140
Contract Year 01/01/2018 — 12/31/2018
Value in General Account at Year End $22,142,582
Value in Separate Accounts at Year End $38,745,619
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 $21,655,553
Additions $2,857,099
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $951,078
Transferred from separate account $1,864,365
Other $41,656
Total of Balance and Additions $24,512,652
Deductions $2,370,070
Disbursed from fund to pay benefits or purchase annuities during the year $835,094
Administration charge made by carrier $0
Transferred to Separate Account $1,406,831
Other $128,145
Balance at the end of the current year $22,142,582