Retirement plan
UNIVERSITY HOSPITALS HEALTH SYSTEM, INC. RETIREMENT PLAN
UNIVERSITY HOSPITALS HEALTH SYSTEMEIN 34-0714775Plan #333PY 2024
3605 WARRENSVILLE CENTER ROAD - SHAKER HEIGHTS, OH 44122216-844-1000
Other plans on this EIN
2 filingsProspect flagsLow employer contribution
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$919.6M
-10.5% from 2016
Total participants
38,884
-1.3% from 2016
Average account balance
$0
No prior year
Annual return
5.62%
-5.02 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort185 peers
Snapshot2024
0
Participant deferral / active EE
$0
median $11
10
Employer contribution / active EE
$1,207
median $6,224
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
45
Annual return
5.62%
median 6.42%
Overall peer rank
27of 100
27th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$919.58M
Average account balance
Total assets / participants with a balance (line 6g)
$24K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
13,852
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
$30.20M
Contributions per participant
Average employer and participant contribution per enrolled participant
$1K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+5.62%
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 9 by compensation
| Provider | Service type | Compensation |
|---|---|---|
AON CONSULTING INC10+ years Service code 11 · EIN 22-2232264 | Actuarial | $1,654,333 |
Service code 28 · EIN 47-1167553 | Investment Management | $469,283 |
CAMBRIDGE ASSOCIATES LLC1 year Service code 16 · EIN 04-3515240 | Consulting | $445,200 |
Service code 28 · EIN 20-2665382 | Investment Management | $154,258 |
BLACKSTONE REAL ESTATE1 year Service code 28 · EIN 88-1115270 | Investment Management | $147,708 |
Service code 28 · EIN 04-3200030 | Investment Management | $106,763 |
KPMG LLP3 years Service code 10 · EIN 13-5565207 | Accounting | $68,334 |
THE BANK OF NEW YORK MELLON10+ years Service code 65 · EIN 13-5160382 | Account Maintenance | $12,684 |
SEYFARTH SHAW LLP1 year Service code 29 · EIN 36-2152202 | Legal | $11,705 |
Enrolled actuary
1 attachment
SB
JASON M. BRAVO
AON CONSULTING, INC.
Enrollment #2305569
MSC# 17854 P.O. BOX 7505
FORT WASHINGTON, PA 19034
(216) 430-4732
Signed 2025-09-15
Top hat statement on fileNQDC
Filed April 22, 2016 (most recent of 4 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
3605 Warrensville Center Road
Shaker Heights State: OH Zip Code: 44122
Plans declared (1)
- Executive Retention Policy5 emp
Plan features & details
Pension benefit codes1A1C3H
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).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
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
$17.5M
$699 / participant
- Trustee / custodial$3K0.0%
- Investment mgmt$3M17.4%
- Legal$12K0.1%
- Actuarial$2M9.4%
- Other / not subdivided$13M73.1%
% of EOY assets
1.904%
all-in expense ratio
Categories reported
4 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- KPMG, LLP
- Auditor EIN
- 135565207
- Audit fees
- $68,334
- Opinion code
- Unqualified