PlanOptica
Retirement plan

NORTHWELL HEALTH PENSION PLAN

NORTHWELL HEALTH, INC.EIN 11-3418133Plan #006PY 2024
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972 BRUSH HOLLOW ROAD, 5TH FLOOR - WESTBURY, NY 115901740516-734-7000northwell.eduLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
2 filings
#003Retirement-$10.92B assets#001Retirement-$1.85B assets
Prospect flagsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(516) 734-7000
Plan administrator signer
MICHELE CUSACK
Signed 10/15/2025
How to read this page

Summary metrics

Total assets (EOY)
$2838M
-8.5% from 2023
Total participants
42,096
+1.3% from 2023
Average account balance
$0
No prior year
Annual return
9.92%
+1116.16 pp from 2023

Benchmarks

See 185 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort185 peers
Snapshot2024
Participant deferral / active EE
$0
median $11
Employer contribution / active EE
$0
median $6,224
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
9.92%
median 6.42%
Overall peer rank
77th percentileavg across 6 metrics

Analytics

2022 - 2024
Total assets (EOY)
Plan-year ending balance
$2.84B
Average account balance
Total assets / participants with a balance (line 6g)
$67K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
16,018
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
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+9.92%
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 10 of 50 by compensation
ProviderService typeCompensation
BLACKSTONE2 years
Service code 28
345 PARK AVENUE · NEW YORK, NY 10154
Investment Management
$1,805,502
TOWERS WATSON2 years
Service code 11 · EIN 53-0181291
Actuarial
$1,005,244
NORTHERN TRUST COMPANY2 years
Service code 21 · EIN 36-1561860
Bank Trustee
$751,400
EAGLE CAPITAL MANAGEMENT, LLC2 years
Service code 28 · EIN 22-3361201
Investment Management
$696,414
EDGEWOOD MANAGEMENT LLC2 years
Service code 27 · EIN 20-4044179
Advisory (Plan)
$596,442
BUCK GLOBAL LLC2 years
Service code 11 · EIN 13-3954297
Actuarial
$509,248
MORGAN STANLEY INVESTMENT MGMT. INC2 years
Service code 28 · EIN 13-3040307
Investment Management
$509,039
MORGAN LEWIS & BOCKIUS2 years
Service code 29 · EIN 23-0891050
Legal
$390,233
MFS INSTITUTIONAL ADVISORS2 years
Service code 28 · EIN 04-3247425
Investment Management
$371,090
NISA INVESTMENT ADVISORS1 year
Service code 28 · EIN 48-1140940
Investment Management
$313,457

Enrolled actuary

1 attachment
SB

DAVID B GOLD

WILLIS TOWERS WATSON US LLC
Enrollment #2304944
WILLIS TOWER
233 SOUTH WACKER DRIVE SUITE 1800
CHICAGO, IL 60606
(312) 525-2475
Signed 2025-08-28

Top hat statement on fileNQDC

Filed October 17, 2011 (most recent of 3 filings on file)

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.

Open the filing PDF

Plan features & details

Pension benefit codes1A1C3H
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).
  • 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
  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$14.3M
$549 / participant
  • Recordkeeping$751K5.2%
  • Investment mgmt$7M48.4%
  • Legal$390K2.7%
  • Actuarial$2M12.4%
  • Other trustee fees$4M30.8%
  • Other / not subdivided$69K0.5%
% of EOY assets
0.505%
all-in expense ratio
Categories reported
5 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
ERNST & YOUNG, LLP
Auditor EIN
346565596
Audit fees
$68,950
Opinion code
Unqualified