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Retirement plan

PREMIER HEALTH PARTNERS EMPLOYEES RETIREMENT PLAN

PREMIER HEALTHEIN 31-1446699Plan #001PY 2017
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110 N. MAIN STREET, SUITE 1220 - DAYTON, OH 45402937-499-5437premierhealth.comLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
2 filings
#002Retirement-$345.8M assets#003Retirement-$45.9M assets
Prospect flagsLow employer contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(937) 499-5437
Plan administrator signer
BARBARA JOHNSON
Signed 10/12/2018
Plan administrator entity
BARBARA A JOHNSON SYSTEM VP CHIEF HR OFFICER
EIN 311446699
How to read this page

Summary metrics

Total assets (EOY)
$702.9M
-3.0% from 2016
Total participants
17,847
-2.0% from 2016
Average account balance
$0
No prior year
Annual return
13.37%
-9.18 pp from 2016

Benchmarks

See 31 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants>=10,000
Cohort31 peers
Snapshot2017
Participant deferral / active EE
$0
median $107
Employer contribution / active EE
$817
median $5,439
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $14,491,905
Admin fee / account holder
$0
median $81,210
Annual return
13.37%
median 14.12%
Overall peer rank
18th 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 8 by compensation
ProviderService typeCompensation
HEWITT ASSOCIATES LLC3+ years
Service code 11 · EIN 36-2235791
Actuarial
$1,367,572
WELLINGTON TRUST COMPANY2 years
Service code 28 · EIN 04-2755549
Investment Management
$514,437
LEGAL & GENERAL1 year
Service code 28
71 SOUTH WACKER DRIVE · CHICAGO, IL 60606
Investment Management
$425,230
PAVILLION ADVISORY GROUP2 years
Service code 16
227 W MONROE ST · CHICAGO, IL 60606
Consulting
$203,836
STATE STREET BANK & TRUST3+ years
Service code 25 · EIN 31-1040228
Directed Trustee
$167,369
WELLS CAPITAL MANAGEMENT1 year
Service code 28
525 MARKET STREET · SAN FRANCISCO, CA 94105
Investment Management
$36,618
ALIGHT SOLUTIONS LLC1 year
Service code 16 · EIN 82-1061233
Consulting
$21,224
CLARK, SCHAEFER, HACKETT & CO.2 years
Service code 10 · EIN 31-0800053
Accounting
$6,300

Enrolled actuary

1 attachment
SB

JASON M. BRAVO

AON CONSULTING, INC.
Enrollment #1705569
5005 ROCKSIDE ROAD
INDEPENDENCE, OH 44131
(216) 573-9700
Signed 2018-09-24

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

1 tripped
  • OpportunityLow employer contribution

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

Expense breakdown

Schedule H Part II
Admin total
$3.9M
$354 / participant
  • Investment mgmt$976K24.7%
  • Other / not subdivided$3M75.3%
% of EOY assets
0.562%
all-in expense ratio
Categories reported
1 / 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
(not subdivided)
Opinion code
Unqualified