Retirement plan

EMHS RETIREMENT PARTNERSHIP PLAN

EASTERN MAINE HEALTHCARE SYSTEMSEIN 01-0527066Plan #001PY 2019
43 WHITING HILL RD - BREWER, ME 04412207-973-7868
Other plans on this EIN
1 filing
Prospect flagsLow returns

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(207) 973-7868
Plan administrator signer
JOHN DOYLE, NLH VP OF FINANCE
Signed 10/14/2020

Summary metrics

Total assets (EOY)
$295.4M
-3.5% from 2016
Total participants
7,629
-2.6% from 2016
Average account balance
$0
No prior year
Annual return
14.40%
-7.79 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDB + DC
Participants5,000-9,999
Cohort3 peers
Snapshot2019
Participant deferral / active EE
$0
median $1,124
Employer contribution / active EE
$5,722
median $4,630
Participation rate
0.0%
median 94.7%
Avg account balance
$0
median $40,665
Admin fee / account holder
$0
median $10
Annual return
14.40%
median 19.72%
Overall peer rank
50th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$298.87M
Average account balance
Total assets / participants with a balance (line 6g)
$41K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,954
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$39.83M
Contributions per participant
Average employer and participant contribution per enrolled participant
$9K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+7.28%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
Service code 25 · EIN 91-1116938
1301 SECOND AVE · SEATTLE, WA 98101
Directed Trustee
$1,076,645
Service code 17 · EIN 34-1213174
ONE SEAGATE · TOLEDO, OH 436041558
Pension Consulting
$151,828
Service code 60 · EIN 04-2647786
PO BOX 770002 · CINCINNATI, OH 452770027
Sub-TA Fees
$89,201
BERRY DUNN5+ years
Service code 10 · EIN 01-0523282
36 PLEASANT STREET · BANGOR, ME 04401
Accounting
$14,169

Enrolled actuary

1 attachment
SB

KENNETH T. FOSTER

FIDELITY INVESTMENTS
Enrollment #2006205
200 SEAPORT BLVD ZW10B
BOSTON, MA 02210
(617) 563-7328
Signed 2020-10-13

Top hat statement on fileNQDC

Filed October 18, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes1A1C1F2H3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1F
    Section 414(k) arrangement
    Benefits are based partly on the balance of the separate account of the participant. Must also include appropriate defined contribution pension feature codes.
  • 2H
    Partial participant-directed account plan
    Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$4.1M
$739 / participant
  • Contract admin$89K2.2%
  • Other / not subdivided$4M97.8%
% of EOY assets
1.391%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
BERRY DUNN
Auditor EIN
010523282
Audit fees
(not subdivided)
Opinion code
Disclaimer