Retirement plan
METHODIST HOSPITAL RETIREMENT PLAN
DEACONESS HEALTH SYSTEM, INC.EIN 35-1532889Plan #001PY 2022
600 MARY STREET - EVANSVILLE, IN 47747812-450-5000deaconess.comLinkedIn5001-10000 employeeshospital & health care
Other plans on this EIN
3 filingsProspect flagsLow participationWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
SHERI BROWN
Signed 04/13/2023
Plan administrator entity
PENSION COMMITTEE BOARD OF DIRECTORS
EIN 351532889
Summary metrics
Total assets (EOY)
$33.6M
+15.1% from 2022
Total participants
868
+4.4% from 2022
Average account balance
$0
No prior year
Annual return
-1.94%
+25.35 pp from 2022
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants250-999
Cohort169 peers
Snapshot2022
0
Participant deferral / active EE
$0
median $0
0
Employer contribution / active EE
$0
median $4,593
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $164,233
0
Admin fee / account holder
$0
median $1,015
94
Annual return
-1.94%
median -15.23%
Overall peer rank
47of 100
47th 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
| Provider | Service type | Compensation |
|---|---|---|
FIFTH THIRD BANK2+ years Service code 21 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263 | Bank Trustee | $123,838 |
MERCER INVESTMENTS LLC1 year Service code 51 · EIN 30-0282430 99 HIGH STREET · BOSTON, MA 02110 | Investment Mgmt Fees | $7,217 |
Enrolled actuary
1 attachment
SB
STACI JAMES FSA
MERCER
Enrollment #2306060
SUITE 500
400 WEST MARKET STREET
LOUISVILLE, KY 402023319
(502) 561-4500
Signed 2023-04-13
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.
- 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.
Expense breakdown
Schedule H Part II
Admin total
$124K
$405 / participant
- Other / not subdivided$124K100.0%
% of EOY assets
0.369%
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