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Retirement plan

ELEVANCE HEALTH CASH BALANCE PLAN B

ATH HOLDING COMPANY LLCEIN 11-3713086Plan #004PY 2023
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220 VIRGINIA AVENUE - INDIANAPOLIS, IN 46204844-203-3255
Other plans on this EIN
2 filings
#003Retirement-$11.04B assets#002Retirement-$1.28B assets
Prospect flagsHigh retiree %Wind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(844) 203-3255
Plan administrator entity
RETIREMENT COMMITTEE OF ATH HOLDING COMPANY, LLC
EIN 113713086
How to read this page

Summary metrics

Total assets (EOY)
$514.7M
+0.6% from 2016
Total participants
2,126
+6.6% from 2016
Average account balance
$0
No prior year
Annual return
12.44%
-5.72 pp from 2016

Benchmarks

See 169 peers
Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants250-999
Cohort169 peers
Snapshot2023
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $9,014
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $134,777
Admin fee / account holder
$0
median $1,040
Annual return
12.44%
median 10.28%
Overall peer rank
70th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$500.62M
Average account balance
Total assets / participants with a balance (line 6g)
$251K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,594
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
$1.05M
Not enough data
1 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$735
Not enough data
1 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+5.75%
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 9 by compensation
ProviderService typeCompensation
JPMORGAN CHASE BANK N.A.5 years
Service code 21 · EIN 13-4994650
Bank Trustee
$654,038
SUSTAINABLE WOODLANDS PARTNERS LLC2 years
Service code 28 · EIN 20-5192952
Investment Management
$177,444
KAYNE ANDERSON CORE REAL ESTATE ADV1 year
Service code 28
1800 AVENUE OF THE STARS THIRD FL · LOS ANGELES, CA 90067
Investment Management
$145,677
BUCK GLOBAL, LLC6 years
Service code 11 · EIN 13-3954297
Actuarial
$111,218
ELEVANCE HEALTH, INC.2 years
Service code 14 · EIN 35-2145715
Plan Administrator
$74,101
MERCER4 years
Service code 16 · EIN 13-2834414
Consulting
$59,792
PENSION BENEFIT INFORMATION LLC4 years
Service code 65 · EIN 94-2856521
Account Maintenance
$26,918
LEWIS RICE LLC1 year
Service code 29
600 WASHINGTON AVE SUITE 2500 · ST LOUIS, MO 63101
Legal
$8,837
PRINCIPAL LIFE INSURANCE COMPANY9+ years
Service code 13 · EIN 42-0127290
Contract Administrator
$750

Enrolled actuary

1 attachment
SB

MARIA E. SIMMERS

BUCK GLOBAL, LLC
Enrollment #2308849
1205 WESTLAKES DRIVE
SUITE 290
BERWYN, PA 19312
(610) 647-6400
Signed 2024-09-12

Top hat statement on fileNQDC

Filed May 10, 2018

Open the filing PDF

Plan features & details

Pension benefit codes1A1C1E1I3H
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).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 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

2 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • 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
$1.5M
$2842 / participant
  • Trustee / custodial$66K4.5%
  • Investment mgmt$911K61.8%
  • Legal$9K0.6%
  • Actuarial$111K7.5%
  • Salaries / allowances$74K5.0%
  • Contract admin$7500.1%
  • Other / not subdivided$303K20.5%
% of EOY assets
0.287%
all-in expense ratio
Categories reported
6 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
CROWE LLP
Auditor EIN
350921680
Audit fees
(not subdivided)
Opinion code
Unqualified