Louisiana Medical Center & Heart Hospital Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2016. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Louisiana Medical Center & Heart Hospital Llc 401(k) Plan Facts (plan year 2016)

Plan name
LOUISIANA HEART HOSPITAL 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LOUISIANA MEDICAL CENTER & HEART HOSPITAL LLC
Participants
700 (745 active employees)
Former employees with a balance
157
Plan assets
$18,609,146 at Dec 31, 2016
Average account balance
$24,550 across 758 accounts
Employer contributions
$714,638 in plan year 2016 (22% of all contributions)
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Aug 12, 2011
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Oct 16, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $3.26 million went into the plan in contributions, $714,638 of it from the employer (22%).
  • $2.45 million was paid out to participants.
  • Investment and other income added $1.42 million.
  • Administrative expenses were $85,914, about $113 per account.

How the Louisiana Medical Center & Heart Hospital Llc 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2011291$5.95 million$96,938$238,121
2012306$7.76 million$288,322$462,083
2013374$11.7 million$449,462$713,496
2014516$14.6 million$581,221$798,687
2015647$16.5 million$649,180$1.15 million
2016700$18.6 million$714,638$2.45 million

Louisiana Medical Center & Heart Hospital Llc 401(k) Contact Information

Phone
985-690-7500
Mailing address
64030 LOUISIANA HWY 434, LACOMBE LA 70445
Plan sponsor
LOUISIANA MEDICAL CENTER & HEART HOSPITAL LLC
Employer identification number (EIN)
56-2227298
Plan number
001

Questions about the Louisiana Medical Center & Heart Hospital Llc 401(k)

Is the Louisiana Medical Center & Heart Hospital Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.

Does Louisiana Medical Center & Heart Hospital Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $714,638, 22% of all contributions.

Does the Louisiana Medical Center & Heart Hospital Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Louisiana Medical Center & Heart Hospital Llc 401(k) plan?

700 participants at the start of plan year 2016, 745 of them active employees, and 157 former employees who still had money in the plan.

What is the average 401(k) balance at Louisiana Medical Center & Heart Hospital Llc?

About $24,550 per account: $18.6 million in plan assets across 758 accounts with a balance at the end of plan year 2016.

Who manages the Louisiana Medical Center & Heart Hospital Llc 401(k) accounts?

Voya Financial is the plan's recordkeeper, which is where participants log in to see their balance.

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