Retirement plan
METHODIST HOSPITAL RETIREMENT PLAN
DEACONESS HEALTH SYSTEM, INC.EIN 35-1532889Plan #001PY 2021
600 MARY STREET - EVANSVILLE, IN 47747812-450-5000deaconess.comLinkedIn5001-10000 employeeshospital & health care
Other plans on this EIN
3 filingsProspect flagsHigh cashLow participation
Filing contacts
From the Form 5500, federal recordPlan administrator signer
SHERI BROWN
Signed 04/15/2022
Plan administrator entity
PENSION COMMITTEE BOARD OF DIRECTORS
EIN 351532889
Summary metrics
Total assets (EOY)
$38.7M
+15.1% from 2022
Total participants
906
+4.4% from 2022
Average account balance
$0
No prior year
Annual return
23.41%
+25.35 pp from 2022
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants250-999
Cohort182 peers
Snapshot2021
0
Participant deferral / active EE
$0
median $0
72
Employer contribution / active EE
$33,586
median $6,658
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $1,032,670
0
Admin fee / account holder
$0
median $4,266
96
Annual return
23.41%
median 9.53%
Overall peer rank
56of 100
56th 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 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FIFTH THIRD BANK1+ years Service code 21 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263 | Bank Trustee | $105,345 |
Enrolled actuary
1 attachment
SB
JAMES P. VAN VLEET
USI CONSULTING GROUP
Enrollment #2005701
5455 RINGS ROAD
SUITE 250
DUBLIN, OH 43017
(614) 407-7589
Signed 2022-03-16
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
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1IFrozen planAs 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
2 tripped
- OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
- OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Expense breakdown
Schedule H Part II
Admin total
$466K
$1391 / participant
- Other / not subdivided$466K100.0%
% of EOY assets
1.205%
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
- BLUE & CO., LLC
- Auditor EIN
- 351178661
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified