Retirement plan
BARNABAS HEALTH RETIREMENT INCOME PLAN
BARNABAS HEALTH, INC.EIN 22-2405279Plan #001PY 2015
95 OLD SHORT HILLS ROAD - WEST ORANGE, NJ 07052973-322-4400LinkedIn1001-5000 employeesnon-profit organization management
Other plans on this EIN
4 filingsProspect flagsLow returnsWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
ALGRETTA HATCHER
Signed 10/14/2016
Summary metrics
Total assets (EOY)
$743.4M
-0.3% from 2016
Total participants
20,892
+5.5% from 2016
Average account balance
$0
-100.0% from 2016
Annual return
-3.86%
-10.32 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants>=10,000
Cohort30 peers
Snapshot2015
0
Participant deferral / active EE
$0
median $79
0
Employer contribution / active EE
$0
median $4,628
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $47,522
0
Admin fee / account holder
$0
median $275
14
Annual return
-3.86%
median -1.09%
Overall peer rank
14of 100
14th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$755.69M
Average account balance
Total assets / participants with a balance (line 6g)
$47K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
10,768
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
$15.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$3K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.09%
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 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
PIMCO1+ years Service code 27 · EIN 23-0629048 | Advisory (Plan) | $1,749,618 |
Service code 13 · EIN 04-3304255 | Contract Administrator | $1,328,533 |
TOWERS WATSON1+ years Service code 11 · EIN 55-0181291 | Actuarial | $593,743 |
NORTHERN TRUST COMPANY1+ years Service code 21 · EIN 36-1561860 | Bank Trustee | $198,853 |
MCDERMOTT, WILL & EMERY LLP1+ years Service code 29 · EIN 13-1453176 | Legal | $187,555 |
BUCK CONSULTANTS1+ years Service code 50 · EIN 13-3954297 | Direct Payment | $30,196 |
Enrolled actuary
1 attachment
SB
ANTHONY M CASALE
TOWERS WATSON DELAWARE INC.
Enrollment #1406579
8 CAMPUS DRIVE
4TH FLOOR
PARSIPPANY, NJ 07054
(973) 290-2577
Signed 2016-10-12
Top hat statement on fileNQDC
Filed September 15, 2006
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
- 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
$5.9M
$565 / participant
- Investment mgmt$2M38.0%
- Other / not subdivided$4M62.0%
% of EOY assets
0.800%
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
- BAKER TILLY
- Auditor EIN
- 390859910
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer