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Retirement plan

BRONSON HEALTHCARE RETIREMENT PLAN

BRONSON HEALTHCARE GROUP, INC.EIN 38-2418383Plan #004PY 2024
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601 JOHN STREET, BOX G - KALAMAZOO, MI 490075364269-341-6617LinkedIn1001-5000 employeesmedical practice
Other plans on this EIN
1 filing
#003Retirement-$1.18B assets
Prospect flagsHigh retiree %High cashWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(269) 341-6617
Plan administrator signer
PATRICIA MCCANN
Signed 10/13/2025
How to read this page

Summary metrics

Total assets (EOY)
$317.5M
-12.8% from 2019
Total participants
4,230
+1.2% from 2019
Average account balance
$0
No prior year
Annual return
9.81%
-21.93 pp from 2019

Benchmarks

See 88 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort88 peers
Snapshot2024
Participant deferral / active EE
$0
median $93
Employer contribution / active EE
$0
median $6,672
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
9.81%
median 5.50%
Overall peer rank
83rd percentileavg across 6 metrics

Analytics

2018 - 2024
Total assets (EOY)
Plan-year ending balance
$317.50M
Average account balance
Total assets / participants with a balance (line 6g)
$75K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,215
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
$10.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$4K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+9.81%
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 11 by compensation
ProviderService typeCompensation
WILLIS TOWERS WATSON US LLC7+ years
Service code 11 · EIN 53-0181291
Actuarial
$2,977,737
WILLIAM BLAIR INVESTMENT MNGMT, LLC5 years
Service code 28 · EIN 47-2614791
Investment Management
$378,583
JPMORGAN INVESTMENT MANAGEMENT INC2 years
Service code 27 · EIN 13-3200244
Advisory (Plan)
$246,130
COHEN & STEERS CAPITAL MGMT, INC.4 years
Service code 28 · EIN 13-3353336
Investment Management
$215,839
EAGLE CAPITAL MANAGEMENT, LLC3 years
Service code 28 · EIN 22-3361201
Investment Management
$183,187
BOSTON PARTNERS GLBL INVESTORS INC.5 years
Service code 27 · EIN 98-0202744
Advisory (Plan)
$162,638
D.F. DENT AND COMPANY, INC.6 years
Service code 28 · EIN 52-1045317
Investment Management
$143,961
MILLER, JOHNSON, SNELL, P.L.C.1 year
Service code 29 · EIN 38-1603110
Legal
$140,000
WEDGE CAPITAL MANAGEMENT LLP3 years
Service code 27 · EIN 56-1557450
Advisory (Plan)
$75,285
PLANTE & MORAN, PLLC1 year
Service code 10 · EIN 33-1498605
Accounting
$60,000

Enrolled actuary

1 attachment
SB

MEGAN FOSTER

WILLIS TOWERS WATSON US LLC
Enrollment #2307582
26555 EVERGREEN
STE 1600
SOUTHFIELD, MI 48076
(248) 936-7700
Signed 2025-09-25

Top hat statement on fileNQDC

Filed April 1, 2022 (most recent of 3 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
601 John Street, Box G
Kalamazoo, MI 49007
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (1)

  • Bronson Healthcare Group Supplemental Retention Plan for CEO1 emp
Open the filing PDF

Plan features & details

Pension benefit codes1A1C1I3H
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).
  • 1C
    Cash balance or similar plan
    A 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).
  • 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.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped
  • OpportunityHigh cash

    More than 10% of assets are held in cash - possible menu-design or default-fund problem.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • 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
$5.0M
$2467 / participant
  • Investment mgmt$1M28.7%
  • Legal$140K2.8%
  • Actuarial$3M59.9%
  • Other / not subdivided$428K8.6%
% of EOY assets
1.565%
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
PLANTE & MORAN, PLLC
Auditor EIN
331498605
Audit fees
$60,000
Opinion code
Unqualified