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Retirement plan

THE MOUNT SINAI MEDICAL CENTER 403(B) RETIREMENT PLAN

THE MOUNT SINAI MEDICAL CENTEREIN 13-1624096Plan #005PY 2016
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ONE GUSTAVE L. LEVY PLAZA, BOX 1019 - NEW YORK, NY 10029212-731-3083LinkedIn10001+ employeeshospital & health care
Other plans on this EIN
1 filing
#006Retirement-$18.4M assets
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor & administrator signer
ROSE MARIE LIGUIGLI
Signed 10/16/2017
(212) 731-3083
How to read this page

Summary metrics

Total assets (EOY)
$3227.3M
-9.4% from 2016
Total participants
27,795
+28.2% from 2016
Average account balance
$115,794
-3.1% from 2016
Annual return
7.52%
-5.64 pp from 2016

Benchmarks

See 193 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort193 peers
Snapshot2016
Participant deferral / active EE
$6,674
median $2,952
Employer contribution / active EE
$4,563
median $1,144
Participation rate
100.0%
median 73.8%
Avg account balance
$115,794
median $42,315
Admin fee / account holder
$10
median $30
Annual return
7.52%
median 8.69%
Overall peer rank
79th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$9.49B
Average account balance
Total assets / participants with a balance (line 6g)
$152K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
62,323
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
70.6%
Contributions (total)
Employer and participant dollars contributed each year
$428.61M
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
+12.05%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$31
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 1 by compensation
ProviderService typeCompensation
TIAA2+ years
Service code 15 · EIN 13-1624203
Recordkeeping
$4,901

Top hat statement on fileNQDC

Filed November 5, 2018 (most recent of 3 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
One Gustave L. Levy Place
New York, State: NY Zip Code: 10029
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Plans declared (1)

  • Plan name not on file1 emp
Open the filing PDF

Plan features & details

Pension benefit codes2L2M2T
Plan features
  • 2L
    Code section 403(b)(1) arrangement
    Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
  • 2M
    Code section 403(b)(7) accounts
    Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$276K
$16 / participant
  • Other / not subdivided$276K100.0%
% of EOY assets
0.009%
all-in expense ratio
Categories reported
0 / 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
WISS & COMPANY, LLP
Auditor EIN
221732349
Audit fees
(not subdivided)
Opinion code
Disclaimer