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Retirement plan

LIFESPAN CORPORATION RETIREMENT PLAN

LIFESPAN CORPORATIONEIN 22-2861978Plan #001PY 2018
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167 POINT STREET, SUITE 2A - PROVIDENCE, RI 02903401-444-5265
Other plans on this EIN
3 filings
#002Retirement-$938.3M assets#005Retirement-$139.0M assets#003Retirement--
Prospect flagsLow returns

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)
$435.9M
-6.3% from 2016
Total participants
15,505
-2.7% from 2016
Average account balance
$0
No prior year
Annual return
-19.44%
-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
Snapshot2018
Participant deferral / active EE
$0
median $242
Employer contribution / active EE
$3,300
median $4,311
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $7,764,297
Admin fee / account holder
$0
median $62,356
Annual return
-19.44%
median -3.24%
Overall peer rank
21st 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 20 by compensation
ProviderService typeCompensation
MERCER4+ years
Service code 11 · EIN 13-2836900
Actuarial
$977,794
CAMBRIDGE ASSOCIATES, LLC4+ years
Service code 51 · EIN 56-2457107
Investment Mgmt Fees
$477,262
EDGBASTON INVESTMENT PARTNERS, LLP4+ years
Service code 51
Investment Mgmt Fees
$343,542
STATE STREET BANK & TRUST COMPANY4+ years
Service code 21 · EIN 04-1867445
Bank Trustee
$212,026
HS MANAGEMENT PARTNERS4+ years
Service code 51 · EIN 26-0335469
Investment Mgmt Fees
$169,192
INCOME RESEARCH & MANAGEMENT4+ years
Service code 51 · EIN 04-2955404
Investment Mgmt Fees
$169,151
SCHROEDER INVESTMENT MANAGEMENT LTD4+ years
Service code 51 · EIN 13-4064414
Investment Mgmt Fees
$168,837
MARATHON ASSET MANAGEMENT4+ years
Service code 51 · EIN 95-4328983
Investment Mgmt Fees
$167,497
IRIDIAN ASSET MANAGEMENT4+ years
Service code 51 · EIN 06-1439577
Investment Mgmt Fees
$154,622
VULCAN VALUE PARTNERS4+ years
Service code 51 · EIN 39-2051712
Investment Mgmt Fees
$148,233

Enrolled actuary

1 attachment
SB

STEPHANIE COWLEY, FSA, MAAA

MERCER
Enrollment #1704553
99 HIGH STREET
BOSTON, MA 02110
(617) 747-9500
Signed 2019-09-27

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

1 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$10.6M
$988 / participant
  • Other / not subdivided$11M100.0%
% of EOY assets
2.425%
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