AHRP Home Page > Retirement Plan Description > Other Important Information...

Other Important Information...

Below are some additional questions (with answers) regarding other important information that is important for you to understand.

Questions and Answers

• Who sponsors the Plan?
• Who is the Plan trustee?
• Who makes contributions to the AHRP?
• Can the Plan be changed?
• What type of Plan is the AHRP?
• What is the Plan year?
• What is the Pension Benefit Guaranty Corporation?

Who sponsors the Plan?

AHRP, an Illinois not-for-profit corporation, is the Plan sponsor. You may write AHRP at:

Administrator
AHRP
2130 Professional Dr. Suite 235
Roseville, CA 95661

Who is the Plan trustee?

Contributions to the two Plans under the AHRP name are made to a master trust.

The trustee is State Street. Please note that the trustee holds the assets in the name of the AHRP and does not have your individual account information.

Back to Questions

Who makes contributions to the AHRP?

Each employer participating in the AHRP has the responsibility to make contributions on behalf of its employees. No employer is obligated to make contributions on behalf of employees of any other employer. Also, you are eligible to contribute to the AHRP while you are an active employee.

Can the Plan be changed?

The AHRP may be changed by action of the AHRP Board of Directors voting an amendment to the Plan. Rules for amending the Plan are found in the Plan's Legal Documents.

What type of Plan is the AHRP?

Technically, the AHRP consists of two separate Plans:

• Employer basic and matching contributions are made to a Plan that qualifies under section 401(a) of the Internal Revenue Code of 1986 as amended (the Code). The official name of this Plan is the Adventist HealthCare Retirement Plan--Qualified Plan.
• Your AHRP-TSA contributions are made to a Plan under section 403(b) of the Code. The official name of this Plan is the Adventist HealthCare Retirement Plan--TSA Plan.

What is the Plan year?

The Plan year is the calendar year--January 1 through December 31. Vesting service and contributions are based on your paychecks received during the Plan year.

What is the Pension Benefit Guaranty Corporation?

The Pension Benefit Guaranty Corporation (PBGC) insures benefits paid under defined benefit retirement plans. The Adventist HealthCare Retirement Plan--Qualified Plan and TSA Plan--are both defined contribution plans. Federal law does not provide for benefits under the AHRP to be insured by the PBGC.