Retirement plan
YALE-NEW HAVEN HOSPITAL MATCHING TAX SHELTER ANNUITY PLAN
YALE-NEW HAVEN HOSPITAL, INC.EIN 06-0646652Plan #004PY 2015
20 YORK STREET - NEW HAVEN, CT 065040000203-688-2000ynhh.orgLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
1 filingProspect flagsLow assets / participant
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$263.3M
-17.9% from 2016
Total participants
19,334
-8.0% from 2016
Average account balance
$17,016
-0.8% from 2016
Annual return
0.95%
-7.05 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort182 peers
Snapshot2015
0
Participant deferral / active EE
$0
median $2,716
75
Employer contribution / active EE
$2,801
median $1,045
56
Participation rate
76.4%
median 71.6%
9
Avg account balance
$17,016
median $41,617
55
Admin fee / account holder
$25
median $28
41
Annual return
0.95%
median 1.22%
Overall peer rank
47of 100
47th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$1.07B
Average account balance
Total assets / participants with a balance (line 6g)
$37K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
29,009
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
88.7%
Contributions (total)
Employer and participant dollars contributed each year
$82.96M
Contributions per participant
Average employer and participant contribution per enrolled participant
$4K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+14.26%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$17
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
YALE NEW HAVEN HEALTH1+ years Service code 99 · EIN 06-0646652 | Other Fees | $146,464 |
TOWERS WATSON DELAWARE INC1+ years Service code 49 · EIN 53-0181291 | Other Services | $142,761 |
CAMMACK RETIREMENT GROUP1+ years Service code 99 · EIN 13-3052851 | Other Fees | $34,738 |
WIGGIN AND DANA1+ years Service code 99 265 CHURCH STREET · NEW HAVEN, CT 06508 | Other Fees | $30,103 |
MARCUM LLP1+ years Service code 10 · EIN 11-1986323 | Accounting | $14,102 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | -$299,017 |
Top hat statement on fileNQDC
Filed August 8, 2023 (most recent of 2 filings on file)
Plan administrator
Plans declared (1)
- Special Non-Qualified Retirement Plan II1 emp
Plan features & details
Pension benefit codes2E2G2J2K
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee 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 to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
Opportunity flags
1 tripped
- OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Expense breakdown
Schedule H Part II
Admin total
$385K
$24 / participant
- Other / not subdivided$385K100.0%
% of EOY assets
0.146%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- MARCUM LLP
- Auditor EIN
- 111986323
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified