PlanOptica
Retirement plan

PREMIER HEALTH PARTNERS EMPLOYEES RETIREMENT PLAN

PREMIER HEALTHEIN 31-1446699Plan #001PY 2020
Sign in to saveView 5500 PDF
110 N. MAIN STREET, SUITE 1220 - DAYTON, OH 45402937-499-5417premierhealth.comLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
2 filings
#002Retirement-$444.7M assets#003Retirement-$87.1M assets
Prospect flagsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(937) 499-5417
Plan administrator signer
BILLIE LUCENTE-BAKER
Signed 10/14/2021
Plan administrator entity
BILLIE LUCENTE-BAKER-SYSTEM VP-HR-PSS
EIN 311446699
How to read this page

Summary metrics

Total assets (EOY)
$846.9M
-3.0% from 2016
Total participants
16,417
-2.0% from 2016
Average account balance
$0
No prior year
Annual return
18.50%
-9.18 pp from 2016

Benchmarks

See 212 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort212 peers
Snapshot2020
Participant deferral / active EE
$0
median $23
Employer contribution / active EE
$0
median $5,975
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
18.50%
median 12.84%
Overall peer rank
90th 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
LEGAL & GENERAL4 years
Service code 28
71 SOUTH WACKER DRIVE · CHICAGO, IL 60606
Investment Management
$824,558
HEWITT ASSOCIATES LLC6+ years
Service code 11 · EIN 36-2235791
Actuarial
$678,268
WELLINGTON TRUST COMPANY5 years
Service code 28 · EIN 04-2755549
Investment Management
$605,142
MERCER5 years
Service code 16
99 HIGH STREET · BOSTON, MA 02110
Consulting
$236,229
STATE STREET BANK & TRUST6+ years
Service code 19 · EIN 31-1040228
Securities Custodian
$180,606
WELLS CAPITAL MANAGEMENT4 years
Service code 28
525 MARKET STREET · SAN FRANCISCO, CA 94105
Investment Management
$54,971
FROST BROWN TODD LLC6+ years
Service code 29 · EIN 61-0722001
Legal
$27,043
CLARK, SCHAEFER, HACKETT & CO1 year
Service code 10 · EIN 31-0800053
Accounting
$14,900

Enrolled actuary

1 attachment
SB

JASON M. BRAVO

AON CONSULTING, INC.
Enrollment #2005569
950 MAIN AVENUE
SUITE 1600
CLEVELAND, OH 44113
(216) 430-4732
Signed 2021-10-04

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
  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$4.0M
$374 / participant
  • Investment mgmt$2M37.9%
  • Other / not subdivided$2M62.1%
% of EOY assets
0.468%
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