Retirement plan
THE PENSION PLAN FOR MEMBERS OF THE MOUNT SINAI HOSPITAL PHARMACY ASSOCIATION
THE MOUNT SINAI HOSPITALEIN 13-1624096Plan #006PY 2017
1 GUSTAVE L LEVY PLACE - NEW YORK, NY 100296500646-605-4745LinkedIn10001+ employeeshospital & health care
Other plans on this EIN
1 filingProspect flagsLow returnsLow participation
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$19.3M
-1.8% from 2016
Total participants
133
0.0% from 2016
Average account balance
$0
No prior year
Annual return
2.71%
+0.05 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants25-99
Cohort919 peers
Snapshot2017
0
Participant deferral / active EE
$0
median $0
82
Employer contribution / active EE
$22,727
median $9,112
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $38,849
0
Admin fee / account holder
$0
median $141
8
Annual return
2.71%
median 9.63%
Overall peer rank
30of 100
30th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$24.52M
Average account balance
Total assets / participants with a balance (line 6g)
$190K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
94
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
$1.40M
Contributions per participant
Average employer and participant contribution per enrolled participant
$40K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+2.72%
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 2 by compensation
| Provider | Service type | Compensation |
|---|---|---|
MASSMUTUAL3+ years Service code 13 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111 | Contract Administrator | $32,268 |
Service code 11 · EIN 26-4614358 P.O. BOX 720159 · SANDY SPRINGS, GA 30358 | Actuarial | $20,120 |
Enrolled actuary
1 attachment
SB
HELAINE PROSCHANSKY
DORSA CONSULTING SERVICES, INC.
Enrollment #1704543
P.O. BOX 720159
SANDY SPRINGS, GA 30358
(904) 249-9171
Signed 2018-10-11
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
Plans declared (1)
- Plan name not on file1 emp
Plan features & details
Pension benefit codes1A
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
Opportunity flags
2 tripped
- OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
Expense breakdown
Schedule H Part II
Admin total
$52K
$1191 / participant
- Contract admin$32K61.6%
- Other / not subdivided$20K38.4%
% of EOY assets
0.272%
all-in expense ratio
Categories reported
1 / 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, LLC
- Auditor EIN
- 221732349
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer