Retirement plan

PREMIER HEALTH PARTNERS EMPLOYEES RETIREMENT PLAN

PREMIER HEALTH PARTNERSEIN 31-1446699Plan #001PY 2024
110 N. MAIN STREET, SUITE 1100 - DAYTON, OH 45402937-499-5417premierhealth.comLinkedIn10001+ employeeshospital & health care
Prospect flagsLow returnsLow employer contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(937) 499-5417
Plan administrator entity
STACEY LAWSON,CHIEF HUMAN RESOURCE OFFICER
EIN 311446699

Summary metrics

Total assets (EOY)
$415.3M
-3.0% from 2016
Total participants
14,944
-2.0% from 2016
Average account balance
$0
No prior year
Annual return
0.21%
-9.18 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort186 peers
Snapshot2024
Participant deferral / active EE
$0
median $247
Employer contribution / active EE
$2,529
median $6,320
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
0.21%
median 6.71%
Overall peer rank
13th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$415.26M
Average account balance
Total assets / participants with a balance (line 6g)
$28K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
5,057
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
$25.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$3K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+0.21%
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 9 by compensation
ProviderService typeCompensation
Service code 11 · EIN 22-2232264
Actuarial
$1,831,469
Service code 28
71 SOUTH WACKER DRIVE · CHICAGO, IL 60606
Investment Management
$483,799
Service code 28 · EIN 04-2755549
Investment Management
$360,437
MERCER9 years
Service code 16
99 HIGH STREET · BOSTON, MA 02110
Consulting
$203,843
Service code 28 · EIN 04-2929221
Investment Management
$128,212
Service code 25 · EIN 04-1867445
Directed Trustee
$117,616
Service code 29 · EIN 61-0722001
Legal
$51,285
Service code 10 · EIN 31-0800053
Accounting
$18,000
Service code 19 · EIN 81-4017137
Securities Custodian
$16,093

Enrolled actuary

1 attachment
SB

JASON M. BRAVO

AON CONSULTING, INC.
Enrollment #2305569
MSC# 17854
PO BOX 7505
FORT WASHINGTON, PA 19034
(216) 430-4732
Signed 2025-09-10

Plan features & details

Pension benefit codes1A1C
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).
  • 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).

Opportunity flags

2 tripped
  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • OpportunityLow returns

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

Expense breakdown

Schedule H Part II
Admin total
$9.7M
$981 / participant
  • Trustee / custodial$118K1.2%
  • Investment mgmt$989K10.2%
  • Legal$51K0.5%
  • Actuarial$2M18.9%
  • Contract admin$204K2.1%
  • Other / not subdivided$7M67.1%
% of EOY assets
2.336%
all-in expense ratio
Categories reported
5 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
CLARK, SCHAEFER, HACKETT & CO.
Auditor EIN
310800053
Audit fees
$18,000
Opinion code
Unqualified