Retirement plan
LEGACY GHS/TUOMEY PENSION PLAN
PRISMA HEALTHEIN 82-2595551Plan #001PY 2019
300 E. MCBEE AVE, SUITE 302 - GREENVILLE, SC 29601803-774-8763prismahealth.orgLinkedIn10001+ employeeshospital & health care
Prospect flagsHigh retiree %
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$478.9M
-8.3% from 2020
Total participants
9,932
+1.3% from 2020
Average account balance
$0
No prior year
Annual return
575.97%
+563.99 pp from 2020
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort139 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $1
35
Employer contribution / active EE
$4,779
median $5,563
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $341,093,897
0
Admin fee / account holder
$0
median $1,551,325
99
Annual return
575.97%
median 17.07%
Overall peer rank
67of 100
67th percentileavg across 6 metrics
Analytics
2019 - 2024
Total assets (EOY)
Plan-year ending balance
$423.06M
Average account balance
Total assets / participants with a balance (line 6g)
$68K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
3,804
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
$28.86M
Contributions per participant
Average employer and participant contribution per enrolled participant
$12K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+13.21%
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 9 by compensation
| Provider | Service type | Compensation |
|---|---|---|
WILLIAM BLAIR1+ years Service code 28 · EIN 47-2614791 | Investment Management | $241,292 |
LOGAN CIRCLE1+ years Service code 28 · EIN 20-8262386 | Investment Management | $157,448 |
WELLS FARGO1+ years Service code 21 · EIN 94-1347393 | Bank Trustee | $97,330 |
COPPER ROCK1+ years Service code 28 · EIN 75-3179897 | Investment Management | $89,189 |
VOYA1+ years Service code 28 · EIN 02-0488491 | Investment Management | $85,588 |
AON CONSULTING1+ years Service code 11 · EIN 22-2232264 | Actuarial | $56,187 |
SYNOVOUS TRUST COMPANY1+ years Service code 15 · EIN 57-0539952 | Recordkeeping | $35,511 |
SUNTRUST1+ years Service code 21 · EIN 58-1575035 | Bank Trustee | $35,008 |
STATE STREET GLOBAL ADVISOR1+ years Service code 28 · EIN 04-1867445 | Investment Management | $13,511 |
Enrolled actuary
1 attachment
SB
MARGO A. BURDETTE
AON CONSULTING, INC.
Enrollment #2005676
3550 LENOX ROAD
ATLANTA, GA 30326
(770) 690-7382
Signed 2020-07-08
Plan features & details
Pension benefit codes1A1I
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.
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
$1.7M
$410 / participant
- Investment mgmt$611K35.6%
- Contract admin$12K0.7%
- Other / not subdivided$1M63.8%
% of EOY assets
0.359%
all-in expense ratio
Categories reported
2 / 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
- ELLIOTT DAVIS
- Auditor EIN
- 570381582
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer