PlanOptica
Retirement plan

LEGACY GHS/TUOMEY PENSION PLAN

PRISMA HEALTHEIN 82-2595551Plan #001PY 2020
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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 record
Plan sponsor signer
(name not on filing)
(803) 774-8763
How to read this page

Summary metrics

Total assets (EOY)
$522.5M
-8.3% from 2020
Total participants
9,807
+1.3% from 2020
Average account balance
$0
No prior year
Annual return
11.98%
+563.99 pp from 2020

Benchmarks

See 133 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort133 peers
Snapshot2020
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$4,473
median $5,652
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
11.98%
median 11.92%
Overall peer rank
41st 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 8 by compensation
ProviderService typeCompensation
METLIFE1 year
Service code 28
ONE METLIFE WAY · WHIPPANY, NJ 07981
Investment Management
$586,115
WILLIAM BLAIR2+ years
Service code 28 · EIN 47-2614791
Investment Management
$361,589
VOYA2+ years
Service code 28 · EIN 02-0488491
Investment Management
$235,648
WELLS FARGO2+ years
Service code 21 · EIN 94-1347393
Bank Trustee
$136,053
AON CONSULTING2+ years
Service code 11 · EIN 22-2232264
Actuarial
$77,962
COPPER ROCK2+ years
Service code 28 · EIN 75-3179897
Investment Management
$62,622
SYNOVOUS TRUST COMPANY2+ years
Service code 15 · EIN 57-0539952
Recordkeeping
$16,459
STATE STREET GLOBAL ADVISOR2+ years
Service code 28 · EIN 04-1867445
Investment Management
$14,679

Enrolled actuary

1 attachment
SB

MARGO A. BURDETTE

AON CONSULTING, INC.
Enrollment #2005676
3550 LENOX ROAD
ATLANTA, GA 30326
(770) 690-7382
Signed 2021-06-07

Plan features & details

Pension benefit codes1A1I
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).
  • 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.

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
$7.7M
$2040 / participant
  • Investment mgmt$1M16.7%
  • Other / not subdivided$6M83.3%
% of EOY assets
1.466%
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
ELLIOTT DAVIS
Auditor EIN
570381582
Audit fees
(not subdivided)
Opinion code
Disclaimer