Retirement plan
PENSION PLAN OF NORTH CAROLINA BAPTIST HOSPITAL
NORTH CAROLINA BAPTIST HOSPITALEIN 56-0552787Plan #001PY 2016
Prospect flagsHigh retiree %Low returnsWind-down / frozen
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$328.1M
+9.6% from 2016
Total participants
7,403
+12.3% from 2016
Average account balance
$0
No prior year
Annual return
2.67%
+2.47 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort188 peers
Snapshot2016
0
Participant deferral / active EE
$0
median $0
0
Employer contribution / active EE
$0
median $4,704
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $381,942,733
0
Admin fee / account holder
$0
median $2,655,710
13
Annual return
2.67%
median 6.51%
Overall peer rank
13of 100
13th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$334.90M
Average account balance
Total assets / participants with a balance (line 6g)
$50K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
4,791
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
$4.34M
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+6.81%
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 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
STATE STREET2+ years Service code 18 · EIN 04-1867445 | Custodial (securities); Soft dollars ... | $932,786 |
AON CONSULTING2+ years Service code 10 · EIN 23-2293237 | Accounting | $854,900 |
SLOCUM CONSULTING2+ years Service code 28 · EIN 41-1567437 | Investment Management | $107,408 |
Enrolled actuary
1 attachment
SB
MITZI E. MCLEAN, F.S.A.
AON CONSULTING, INC.
Enrollment #1707184
POST OFFICE BOX 66
WINSTON-SALEM, NC 271020066
(336) 748-1120
Signed 2017-09-05
Top hat statement on fileNQDC
Filed April 9, 2007 (most recent of 3 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 codes1A1I3H
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.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
3 tripped
- OpportunityLow returns
Annual investment return 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.
- 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
$4.3M
$1185 / participant
- Other / not subdivided$4M100.0%
% of EOY assets
1.311%
all-in expense ratio
Categories reported
0 / 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
- BUTLER & BURKE LLP
- Auditor EIN
- 561138530
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer