Retirement plan
DEACONESS HEALTH SYSTEM, INC. RETIREMENT PLAN
DEACONESS HEALTH SYSTEM, INC.EIN 35-1532889Plan #333PY 2023
600 MARY STREET - EVANSVILLE, IN 47747812-450-5000deaconess.comLinkedIn5001-10000 employeeshospital & health care
Other plans on this EIN
3 filingsProspect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
SHERI BROWN
Signed 10/15/2024
Plan administrator entity
PENSION COMMITTEE BOARD OF DIRECTORS
EIN 351532889
Summary metrics
Total assets (EOY)
$273.2M
-2.1% from 2016
Total participants
3,957
+7.9% from 2016
Average account balance
$0
No prior year
Annual return
10.11%
-6.73 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort100 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $214
37
Employer contribution / active EE
$5,009
median $4,624
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $13,363
0
Admin fee / account holder
$0
median $125
51
Annual return
10.11%
median 9.85%
Overall peer rank
44of 100
44th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$261.96M
Average account balance
Total assets / participants with a balance (line 6g)
$68K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,366
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
$1.33M
Contributions per participant
Average employer and participant contribution per enrolled participant
$908
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.60%
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 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
MERCER9+ years Service code 11 · EIN 13-2834414 | Actuarial | $543,552 |
FIFTH THIRD BANK9+ years Service code 21 · EIN 35-0227680 | Bank Trustee | $167,150 |
BLUE & CO, LLC2 years Service code 10 · EIN 35-1178661 | Accounting | $18,173 |
Enrolled actuary
1 attachment
SB
STACI JAMES, FSA
MERCER
Enrollment #2306060
400 WEST MARKET STREET, SUITE 500
LOUISVILLE, KY 402023319
(502) 561-4500
Signed 2024-10-15
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 codes1A3H
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).
- 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
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$3.8M
$2347 / participant
- Trustee / custodial$167K4.5%
- Investment mgmt$193K5.1%
- Actuarial$351K9.4%
- Other / not subdivided$3M81.0%
% of EOY assets
1.372%
all-in expense ratio
Categories reported
3 / 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
- $18,173
- Opinion code
- Unqualified