Retirement plan
VALLEY HEALTH SYSTEM MERGED DEFINED BENEFIT PLAN
VALLEY HEALTH SYSTEMEIN 52-1357729Plan #003PY 2023
1840 AMHERST STREET - WINCHESTER, VA 22601540-536-4303valleyhealthlink.comLinkedIn5001-10000 employeeshospital & health care
Other plans on this EIN
1 filingProspect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordPlan administrator signer
BOB AMOS
Signed 04/07/2026
Plan administrator entity
BOARD OF DIRECTORS
EIN 540505979
PO BOX 3340 · WINCHEST, VA 22604
(540) 526-8031Summary metrics
Total assets (EOY)
$292.4M
+33.7% from 2022
Total participants
4,532
+0.9% from 2022
Average account balance
$0
No prior year
Annual return
7.70%
+25.64 pp from 2022
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
55
Employer contribution / active EE
$11,653
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
27
Annual return
7.70%
median 9.85%
Overall peer rank
41of 100
41st percentileavg across 6 metrics
Analytics
2021 - 2024
Total assets (EOY)
Plan-year ending balance
$317.75M
Average account balance
Total assets / participants with a balance (line 6g)
$71K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
3,287
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
$48.23M
Contributions per participant
Average employer and participant contribution per enrolled participant
$41K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-2.86%
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 |
|---|---|---|
NORTHERN TRUST BANK1 year Service code 28 · EIN 36-1561860 | Investment Management | $660,699 |
JPMORGAN CHASE & CO1 year Service code 28 · EIN 13-2624428 | Investment Management | $78,845 |
PRINCIPAL TRUST COMPANY1 year Service code 15 · EIN 51-0099493 | Recordkeeping | $43,401 |
Enrolled actuary
1 attachment
SB
AMY L. GENTILE
USI CONSULTING GROUP
Enrollment #2308186
1001 LAKESIDE AVENUE SUITE 1200
CLEVELAND, OH 44114
(216) 875-1900
Signed 2024-09-30
Top hat statement on fileNQDC
Filed August 20, 2019 (most recent of 8 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
220 Campus Boulevard, Suite 420
Winchester, VA 22601
Plans declared (3)
- Enhanced Severance Agreement1 emp
- Enhanced Severance Agreement1 emp
- Enhanced Severance Agreement1 emp
Total covered: 3 employees
Plan features & details
Pension benefit codes1A1C1I3H
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).
- 1CCash balance or similar planA 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).
- 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.
- 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
$4.2M
$3162 / participant
- Trustee / custodial$43K1.0%
- Investment mgmt$740K17.5%
- Other / not subdivided$3M81.5%
% of EOY assets
1.449%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- BAKER TILLEY US, LLP
- Auditor EIN
- 390859910
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified