Retirement plan
UNIVERSITY HOSPITALS HEALTH SYSTEM, INC. RETIREMENT PLAN
UNIVERSITY HOSPITALS HEALTH SYSTEMEIN 34-0714775Plan #333PY 2020
3605 WARRENSVILLE CENTER ROAD - SHAKER HEIGHTS, OH 44122216-844-1000
Other plans on this EIN
2 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
THOMAS SNOWBERGER
Signed 10/12/2021
Summary metrics
Total assets (EOY)
$1165.1M
-10.5% from 2016
Total participants
31,548
-1.3% from 2016
Average account balance
$0
No prior year
Annual return
10.42%
-5.02 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort212 peers
Snapshot2020
0
Participant deferral / active EE
$0
median $23
31
Employer contribution / active EE
$5,068
median $5,975
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
31
Annual return
10.42%
median 12.84%
Overall peer rank
31of 100
31st 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 10 of 17 by compensation
| Provider | Service type | Compensation |
|---|---|---|
BAILLIE GIFFORD & CO.1 year Service code 28 780 THIRD AVENUE · NEW YORK, NY 10017 | Investment Management | $3,445,710 |
AON CONSULTING INC6+ years Service code 11 · EIN 22-2232264 | Actuarial | $1,906,952 |
WELLINGTON MANAGEMENT COMPANY6+ years Service code 28 · EIN 04-2683227 | Investment Management | $972,286 |
CAMBRIDGE ASSOCIATES1 year Service code 16 125 HIGH STREET · BOSTON, MA 02110 | Consulting | $445,200 |
LEGAL AND GENERAL INVESTMENT4 years Service code 28 · EIN 20-8058531 | Investment Management | $200,551 |
LOOMIS SAYLES HY FUND6+ years Service code 28 · EIN 39-6797388 | Investment Management | $188,821 |
WELLS FARGO3 years Service code 28 · EIN 13-3200244 420 MONTGOMERY STREET · SAN FRANCISO, CA 94104 | Investment Management | $144,275 |
NEPC LLC1 year Service code 16 255 STATE STREET · BOSTON, MA 02109 | Consulting | $122,500 |
THE CARLYLE GROUP2 years Service code 28 600 TRAVIS ST, · HOUSTON, TX 77002 | Investment Management | $87,675 |
STATE STREET GLOBAL ADVISOR3 years Service code 21 ONE IRON STREET · BOSTON, MA 02210 | Bank Trustee | $74,488 |
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 2021-09-27
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
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$15.2M
$746 / participant
- Investment mgmt$2M10.4%
- Other / not subdivided$14M89.6%
% of EOY assets
1.300%
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
- KPMG, LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified