Retirement plan
PREMIER HEALTH PARTNERS EMPLOYEES RETIREMENT PLAN
PREMIER HEALTHEIN 31-1446699Plan #001PY 2021
110 N. MAIN STREET, SUITE 100 - DAYTON, OH 45402937-499-5417premierhealth.comLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
2 filingsProspect flagsLow returns
Filing contacts
From the Form 5500, federal recordPlan administrator entity
STACEY LAWSON, SYSTEM VICE PRESIDENT AND CHIEF HUMAN RESOURCE OFFICER
EIN 311446699
Summary metrics
Total assets (EOY)
$870.9M
-3.0% from 2016
Total participants
16,168
-2.0% from 2016
Average account balance
$0
No prior year
Annual return
4.64%
-9.18 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants5,000-9,999
Cohort32 peers
Snapshot2021
0
Participant deferral / active EE
$0
median $0
23
Employer contribution / active EE
$2,060
median $3,570
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
16
Annual return
4.64%
median 10.92%
Overall peer rank
19of 100
19th 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 7 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 11 · EIN 36-2235791 | Actuarial | $761,582 |
WELLINGTON TRUST COMPANY6 years Service code 28 · EIN 04-2755549 | Investment Management | $649,079 |
LEGAL & GENERAL5 years Service code 28 71 SOUTH WACKER DRIVE · CHICAGO, IL 60606 | Investment Management | $592,748 |
STATE STREET BANK & TRUST7+ years Service code 19 · EIN 31-1040228 | Securities Custodian | $418,573 |
MERCER6 years Service code 16 99 HIGH STREET · BOSTON, MA 02110 | Consulting | $240,951 |
FROST BROWN TODD LLC7+ years Service code 29 · EIN 61-0722001 | Legal | $16,596 |
Service code 10 · EIN 31-0800053 | Accounting | $15,200 |
Enrolled actuary
1 attachment
SB
JASON M. BRAVO
AON CONSULTING, INC.
Enrollment #2005569
MSC# 17854
PO BOX 7505
FORT WASHINGTON, PA 19034
(216) 430-4732
Signed 2022-09-13
Plan features & details
Pension benefit codes1A1C
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 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).
Opportunity flags
1 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
Expense breakdown
Schedule H Part II
Admin total
$4.1M
$426 / participant
- Other / not subdivided$4M100.0%
% of EOY assets
0.475%
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
- CLARK, SCHAEFER, HACKETT & CO.
- Auditor EIN
- 310800053
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified