Retirement plan

METHODIST HOSPITAL RETIREMENT PLAN

DEACONESS HEALTH SYSTEM, INC.EIN 35-1532889Plan #001PY 2023
600 MARY STREET - EVANSVILLE, IN 47747812-450-5000deaconess.comLinkedIn5001-10000 employeeshospital & health care
Prospect flagsRecently cancelled planLow returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(812) 450-5000
Plan administrator signer
SHERI BROWN
Signed 01/12/2024
Plan administrator entity
PENSION COMMITTEE BOARD OF DIRECTORS
EIN 351532889

Summary metrics

Total assets (EOY)
$0
+15.1% from 2022
Total participants
0
+4.4% from 2022
Average account balance
$0
No prior year
Annual return
-98.24%
+25.35 pp from 2022

Benchmarks

Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants<25
Cohort12,835 peers
Snapshot2023
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $22,222
Participation rate
0.0%
median 100.0%
Avg account balance
$0
median $122,500
Admin fee / account holder
$0
median $556
Annual return
-98.24%
median 10.13%
Overall peer rank
0th percentileavg across 6 metrics

Analytics

2021 - 2023
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$39K
Not enough data
2 years with per-participant data
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
562
Not enough data
2 years with headcount on file
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Not enough data
2 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
$11.25M
Not enough data
1 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$34K
Not enough data
1 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-98.24%
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
Not enough data
2 years with F_SCH_H allocation on file

Service providers

Top 2 by compensation
ProviderService typeCompensation
MERCER1 year
Service code 11 · EIN 13-2834414
Actuarial
$34,070
Service code 27
10829 OLIVE BLVD · ST. LOUIS, MO 63141
Advisory (Plan)
$30,162

Enrolled actuary

1 attachment
SB

STACI JAMES FSA

MERCER
Enrollment #2306060
SUITE 500
400 WEST MARKET STREET
LOUISVILLE, KY 402023319
(502) 561-4500

Top hat statement on fileNQDC

Filed October 23, 2014 (most recent of 5 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes1A1I
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).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

3 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • 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.

  • InformationalRecently cancelled plan

    Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II
Admin total
$64K
  • Investment mgmt$34K53.4%
  • Other / not subdivided$30K46.6%
% of EOY assets
-
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
BLUE & CO., LLC
Auditor EIN
351178661
Audit fees
(not subdivided)
Opinion code
Unqualified