PlanOptica
Retirement plan

ROCHESTER GENERAL HEALTH SYSTEM EMPLOYEE RETIREMENT PLAN

ROCHESTER GENERAL HEALTH SYSTEMEIN 22-2551509Plan #001PY 2023
Sign in to saveView 5500 PDF
RIEDMAN CAMPUS 100 KINGS HIGHWAY S. - ROCHESTER, NY 146175504585-922-1100
Prospect flagsHigh cash

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(585) 922-1100
Plan administrator signer
HOWARD GLASTONBURY
Signed 10/12/2024
How to read this page

Summary metrics

Total assets (EOY)
$601M
-5.8% from 2016
Total participants
15,213
-1.5% from 2016
Average account balance
$0
No prior year
Annual return
9.83%
-9.92 pp from 2016

Benchmarks

See 177 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort177 peers
Snapshot2023
Participant deferral / active EE
$0
median $40
Employer contribution / active EE
$5,996
median $5,730
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
9.83%
median 9.38%
Overall peer rank
46th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$717.05M
Average account balance
Total assets / participants with a balance (line 6g)
$46K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
7,974
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
$134.80M
Contributions per participant
Average employer and participant contribution per enrolled participant
$18K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+4.77%
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 12 by compensation
ProviderService typeCompensation
MERCER9+ years
Service code 11 · EIN 13-2834414
Actuarial
$343,292
NEPC, LLC9+ years
Service code 17 · EIN 26-1429809
Pension Consulting
$217,900
JENNISON GLOBAL OPPORTUNITY FUND6 years
Service code 51 · EIN 23-6994310
Investment Mgmt Fees
$128,527
WILLIS TOWERS WATSON U.S. LLC1 year
Service code 27 · EIN 53-0181291
Advisory (Plan)
$127,896
KEY BANK NATL ASSOC (IAS TRUSTEE)3 years
Service code 13 · EIN 34-0797057
Contract Administrator
$110,596
PARAMETRIC6 years
Service code 51 · EIN 41-0995965
Investment Mgmt Fees
$110,254
JOHNSTON INTERNATIONAL EQUITY GROUP3 years
Service code 51 · EIN 26-6493485
300 ATLANTIC STREET · STAMFORD, CT 06901
Investment Mgmt Fees
$109,500
LINDSELL TRAIN GLOBAL EQUITY LLC2 years
Service code 51 · EIN 35-2496423
Investment Mgmt Fees
$97,738
HOTCHKIS & WILEY CAP MGMT LLC6 years
Service code 51
601 SOUTH FIGUEROA STREET, 39TH FL · LOS ANGELES, CA 90017
Investment Mgmt Fees
$53,213
BORROMIN CAPITAL FUND1 year
Service code 51
Investment Mgmt Fees
$48,055

Enrolled actuary

1 attachment
SB

TODD WEBER, E.A., M.A.A.A.

MERCER
Enrollment #2306399
70 LINDEN OAKS, SUITE 310
ROCHESTER, NY 14625
(585) 389-8700
Signed 2024-10-07

Top hat statement on fileNQDC

Filed December 7, 2001 (most recent of 2 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 codes1A
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).

Opportunity flags

1 tripped
  • OpportunityHigh cash

    More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II
Admin total
$12.4M
$1679 / participant
  • Investment mgmt$961K7.8%
  • Actuarial$343K2.8%
  • Contract admin$111K0.9%
  • Other / not subdivided$11M88.6%
% of EOY assets
2.064%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
FREED MAXICK CPAS, P.C.
Auditor EIN
454051133
Audit fees
(not subdivided)
Opinion code
Unqualified