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LIFESPAN CORPORATION RETIREMENT PLAN

LIFESPAN CORPORATIONEIN 22-2861978Plan #001PY 2015
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167 POINT STREET, SUITE 2A - PROVIDENCE, RI 02903401-444-5265
Other plans on this EIN
3 filings
#002Retirement-$650.4M assets#003Retirement-$173.8M assets#004Retirement-$2.9M assets
Prospect flagsLow returnsLow participation

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(401) 444-5265
How to read this page

Summary metrics

Total assets (EOY)
$442.7M
-6.3% from 2016
Total participants
16,375
-2.7% from 2016
Average account balance
$0
No prior year
Annual return
-3.81%
-8.05 pp from 2016

Benchmarks

See 30 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants>=10,000
Cohort30 peers
Snapshot2015
Participant deferral / active EE
$0
median $79
Employer contribution / active EE
$3,283
median $4,628
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $47,522
Admin fee / account holder
$0
median $275
Annual return
-3.81%
median -1.09%
Overall peer rank
14th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$537.66M
Average account balance
Total assets / participants with a balance (line 6g)
$41K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
6,571
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
$31.92M
Contributions per participant
Average employer and participant contribution per enrolled participant
$5K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+7.62%
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 21 by compensation
ProviderService typeCompensation
CAMBRIDGE ASSOCIATES, LLC1+ years
Service code 51 · EIN 56-2457107
Investment Mgmt Fees
$638,697
MERCER1+ years
Service code 11 · EIN 13-2836900
Actuarial
$567,609
STATE STREET BANK & TRUST COMPANY1+ years
Service code 21 · EIN 04-1867445
Bank Trustee
$183,938
J.O. HAMBRO CAPITAL MANAGEMENT1+ years
Service code 51 · EIN 80-0909140
Investment Mgmt Fees
$151,813
INCOME RESEARCH & MANAGEMENT1+ years
Service code 10 · EIN 04-2955404
Accounting
$150,371
HS MANAGEMENT PARTNERS1+ years
Service code 51 · EIN 26-0335469
Investment Mgmt Fees
$146,841
FIRST STATE INVESTMENTS GROUP TRUST1+ years
Service code 51 · EIN 20-6762882
Investment Mgmt Fees
$135,756
SCHROEDER INVESTMENT MANAGEMENT LTD1+ years
Service code 51 · EIN 13-4064414
Investment Mgmt Fees
$134,620
IRIDIAN ASSET MANAGEMENT1+ years
Service code 51 · EIN 06-1439577
Investment Mgmt Fees
$132,828
SANDERSON ASSET MANAGEMENT, INC.1+ years
Service code 51 · EIN 13-4169008
Investment Mgmt Fees
$124,826

Enrolled actuary

1 attachment
SB

STEPHANIE COWLEY, FSA, MAAA

MERCER
Enrollment #1404553
99 HIGH STREET
BOSTON, MA 02110
(617) 747-9500
Signed 2016-09-30

Top hat statement on fileNQDC

Filed September 11, 2012 (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 codes1C1F3H
Plan features
  • 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).
  • 1F
    Section 414(k) arrangement
    Benefits are based partly on the balance of the separate account of the participant. Must also include appropriate defined contribution pension feature codes.
  • 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
  • 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
$6.9M
$626 / participant
  • Other / not subdivided$7M100.0%
% of EOY assets
1.567%
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
KPMG LLP
Auditor EIN
135565207
Audit fees
(not subdivided)
Opinion code
Disclaimer