PlanOptica
Retirement plan

BRONSON HEALTHCARE RETIREMENT PLAN

BRONSON HEALTHCARE GROUP, INC.EIN 38-2418383Plan #004PY 2018
Sign in to saveView 5500 PDF
601 JOHN STREET, BOX G - KALAMAZOO, MI 490075364269-341-6617LinkedIn1001-5000 employeesmedical practice
Other plans on this EIN
1 filing
#003Retirement-$575.2M assets
Prospect flagsHigh retiree %Low employer contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(269) 341-6617
Plan administrator signer
JOHN HAYDEN
Signed 10/10/2019
How to read this page

Summary metrics

Total assets (EOY)
$311.9M
-12.8% from 2019
Total participants
6,126
+1.2% from 2019
Average account balance
$0
No prior year
Annual return
-3.96%
-21.93 pp from 2019

Benchmarks

See 153 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort153 peers
Snapshot2018
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$1,882
median $4,951
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $58,400,878
Admin fee / account holder
$0
median $292,663
Annual return
-3.96%
median -4.89%
Overall peer rank
38th 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 LLC1+ years
Service code 11 · EIN 53-0181291
Actuarial
$435,742
COHEN & STEERS, INC1+ years
Service code 27 · EIN 13-3353336
Advisory (Plan)
$280,544
JP MORGAN CHASE BANK1+ years
Service code 27 · EIN 13-3408600
Advisory (Plan)
$213,726
EAGLE CAPITAL MANAGEMENT LP1+ years
Service code 27 · EIN 76-1467823
Advisory (Plan)
$212,642
WELLESLY INVESTMENT MANAGEMENT INC1+ years
Service code 27 · EIN 04-1354394
Advisory (Plan)
$176,036
PNC BANK, NATIONAL ASSOCIATION1+ years
Service code 21 · EIN 22-1146430
Bank Trustee
$144,878
SEGALL BRYANT & HAMILL1+ years
Service code 27 · EIN 41-1788385
Advisory (Plan)
$140,663
ANCHOR CAPITAL ADVISORS, LLC1+ years
Service code 27 · EIN 20-4669888
Advisory (Plan)
$117,295
WEDGE CAPITAL MANAGEMENT1+ years
Service code 27 · EIN 56-1557450
Advisory (Plan)
$113,957
WILLIAM BLAIR & COMPANY1+ years
Service code 27 · EIN 36-2214610
Advisory (Plan)
$108,337

Enrolled actuary

1 attachment
SB

MEGAN FOSTER

WILLIS TOWERS WATSON US LLC
Enrollment #1707582
26555 EVERGREEN, STE 1600
SOUTHFIELD, MI 48076
(248) 936-7700
Signed 2019-10-08

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

2 tripped
  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • 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
$2.0M
$595 / participant
  • Investment mgmt$1M71.3%
  • Other / not subdivided$581K28.7%
% of EOY assets
0.649%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
PLANTE & MORAN, PLLC
Auditor EIN
381357951
Audit fees
(not subdivided)
Opinion code
Disclaimer