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Retirement plan

YALE-NEW HAVEN HOSPITAL AND TAX-EXEMPT AFFLILIATES RETIREMENT SAVINGS PLAN

YALE-NEW HAVEN HOSPITAL, INC.EIN 06-0646652Plan #004PY 2019
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20 YORK STREET - NEW HAVEN, CT 065040000203-688-2000ynhh.orgLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
2 filings
#003Retirement-$1.42B assets#001Retirement-$538.0M assets
Prospect flagsLow assets / participantFailed to provide benefit

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(203) 688-2000
How to read this page

Summary metrics

Total assets (EOY)
$569.2M
-17.9% from 2016
Total participants
26,354
-8.0% from 2016
Average account balance
$24,967
-0.8% from 2016
Annual return
21.98%
-7.05 pp from 2016

Benchmarks

See 230 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort230 peers
Snapshot2019
Participant deferral / active EE
$0
median $3,454
Employer contribution / active EE
$2,737
median $1,544
Participation rate
83.2%
median 83.1%
Avg account balance
$24,967
median $50,526
Admin fee / account holder
$10
median $44
Annual return
21.98%
median 22.63%
Overall peer rank
51st 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 3 by compensation
ProviderService typeCompensation
CAMMACK LARHETTE ADVISORS2 years
Service code 28 · EIN 20-4668732
Investment Management
$15,259
TOWERS WATSON DELAWARE, INC.4 years
Service code 16 · EIN 53-0181291
Consulting
$6,239
FIDELITY INVESTMENTS INSTITUTIONAL5+ years
Service code 60 · EIN 04-2647786
Sub-TA Fees
-$438,633

Top hat statement on fileNQDC

Filed August 8, 2023 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
789 Howard Avenue
New Haven, CT 06519
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Plans declared (1)

  • Special Non-Qualified Retirement Plan II1 emp
Open the filing PDF

Plan features & details

Pension benefit codes2E2G2J2K
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2G
    Total participant-directed account plan
    Participants 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.
  • 2J
    Code section 401(k) feature
    Cash 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.
  • 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 to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

2 tripped
  • OpportunityLow assets / participant

    Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

  • ComplianceFailed to provide benefit

    Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II
Admin total
$233K
$11 / participant
  • Other / not subdivided$233K100.0%
% of EOY assets
0.041%
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
BAKER TILLY US, LLP
Auditor EIN
390859910
Audit fees
(not subdivided)
Opinion code
Unqualified