Retirement plan
PENSION PLAN OF NORTH CAROLINA BAPTIST HOSPITAL
NORTH CAROLINA BAPTIST HOSPITALEIN 56-0552787Plan #001PY 2020
Prospect flagsHigh retiree %Low returns
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$430.6M
+9.6% from 2016
Total participants
7,048
+12.3% from 2016
Average account balance
$0
No prior year
Annual return
1.80%
+2.47 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort133 peers
Snapshot2020
0
Participant deferral / active EE
$0
median $0
22
Employer contribution / active EE
$3,464
median $5,652
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
6
Annual return
1.80%
median 11.92%
Overall peer rank
14of 100
14th 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 STREET6+ years Service code 18 · EIN 04-1867445 | Direct payment from the plan; Custodi... | $948,714 |
AON CONSULTING6+ years Service code 10 · EIN 23-2293237 | Accounting | $494,352 |
HIGHLAND CONSULTING4 years Service code 17 159 CROCKER PARK BLVD · CLEVELAND, OH 44145 | Pension Consulting | $109,092 |
Enrolled actuary
1 attachment
SB
MITZI M. SILVERSTEIN, F.S.A.
AON CONSULTING, INC.
Enrollment #2007184
100 NORTH MAIN STREET, SUITE 2200
WINSTON-SALEM, NC 27101
(336) 748-1120
Signed 2021-10-08
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
2 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.
Expense breakdown
Schedule H Part II
Admin total
$4.6M
$1735 / participant
- Other / not subdivided$5M100.0%
% of EOY assets
1.070%
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