Retirement plan
BROWN HEALTH DEFINED BENEFIT RETIREMENT PLAN
LIFESPAN CORPORATION D/B/A BROWN UNIVERSITY HEALTHEIN 22-2861978Plan #001PY 2024
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)
$537.7M
-6.3% from 2016
Total participants
13,259
-2.7% from 2016
Average account balance
$0
No prior year
Annual return
7.62%
-8.05 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort186 peers
Snapshot2024
0
Participant deferral / active EE
$0
median $247
26
Employer contribution / active EE
$4,773
median $6,320
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
55
Annual return
7.62%
median 6.71%
Overall peer rank
41of 100
41st 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 16 by compensation
| Provider | Service type | Compensation |
|---|---|---|
MERCER10+ years Service code 11 ยท EIN 13-2836900 | Actuarial | $766,390 |
CAMBRIDGE ASSOCIATES, LLC10+ years Service code 51 ยท EIN 56-2457107 | Investment Mgmt Fees | $636,684 |
INCOME RESEARCH & MANAGEMENT10+ years Service code 51 ยท EIN 04-2955404 | Investment Mgmt Fees | $162,425 |
EDGBASTON INVESTMENT PARTNERS, LLP10+ years Service code 51 | Investment Mgmt Fees | $124,011 |
STATE STREET BANK & TRUST COMPANY10+ years Service code 21 ยท EIN 04-1867445 | Bank Trustee | $121,131 |
Service code 51 ยท EIN 04-3472863 | Investment Mgmt Fees | $103,670 |
Service code 51 ยท EIN 26-0319356 | Investment Mgmt Fees | $102,088 |
HS MANAGEMENT PARTNERS10+ years Service code 51 ยท EIN 26-0335469 | Investment Mgmt Fees | $92,889 |
FIDELITY INVEST INST OPER CO, INC.10+ years Service code 16 ยท EIN 04-2647786 | Consulting | $47,414 |
KPMG LLP6 years Service code 10 ยท EIN 13-5565207 | Accounting | $16,995 |
Enrolled actuary
1 attachment
SB
STEPHANIE COWLEY, FSA
MERCER
Enrollment #2304553
99 HIGH STREET
BOSTON, MA 02110
(617) 747-9500
Signed 2025-10-01
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
$8.0M
$1203 / participant
- Other / not subdivided$8M100.0%
% of EOY assets
1.496%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- CBIZ CPAS PC
- Auditor EIN
- 431947695
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified