Retirement plan
LIFESPAN CORPORATION RETIREMENT PLAN
LIFESPAN CORPORATIONEIN 22-2861978Plan #001PY 2020
167 POINT STREET, SUITE 2A - PROVIDENCE, RI 02903401-444-5265
Other plans on this EIN
2 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$549.9M
-6.3% from 2016
Total participants
14,777
-2.7% from 2016
Average account balance
$0
No prior year
Annual return
12.67%
-8.05 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants5,000-9,999
Cohort30 peers
Snapshot2020
0
Participant deferral / active EE
$0
median $76
34
Employer contribution / active EE
$3,282
median $3,786
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
41
Annual return
12.67%
median 12.94%
Overall peer rank
38of 100
38th 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 17 by compensation
| Provider | Service type | Compensation |
|---|---|---|
MERCER6+ years Service code 11 · EIN 13-2836900 | Actuarial | $715,884 |
CAMBRIDGE ASSOCIATES, LLC6+ years Service code 51 · EIN 56-2457107 | Investment Mgmt Fees | $645,372 |
Service code 51 | Investment Mgmt Fees | $525,330 |
Service code 21 · EIN 04-1867445 | Bank Trustee | $511,086 |
INCOME RESEARCH & MANAGEMENT6+ years Service code 51 · EIN 04-2955404 | Investment Mgmt Fees | $181,998 |
Service code 51 · EIN 13-4064414 | Investment Mgmt Fees | $152,415 |
VULCAN VALUE PARTNERS6+ years Service code 51 · EIN 39-2051712 | Investment Mgmt Fees | $103,911 |
HS MANAGEMENT PARTNERS6+ years Service code 51 · EIN 26-0335469 | Investment Mgmt Fees | $99,820 |
IRIDIAN ASSET MANAGEMENT6+ years Service code 51 · EIN 06-1439577 | Investment Mgmt Fees | $89,995 |
Service code 51 · EIN 26-0319356 | Investment Mgmt Fees | $76,456 |
Enrolled actuary
1 attachment
SB
STEPHANIE COWLEY, FSA, MAAA
MERCER
Enrollment #2004553
99 HIGH STREET
BOSTON, MA 02110
(617) 747-9500
Signed 2021-10-08
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.
Plan features & details
Pension benefit codes1C1F3H
Plan features
- 1CCash balance or similar planA 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).
- 1FSection 414(k) arrangementBenefits are based partly on the balance of the separate account of the participant. Must also include appropriate defined contribution pension feature codes.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$8.5M
$940 / participant
- Other / not subdivided$8M100.0%
% of EOY assets
1.538%
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