PlanOptica
Retirement plan

ADVOCATE AURORA HEALTH PENSION PLAN

ADVOCATE AURORA HEALTH, INC.EIN 82-4184596Plan #003PY 2022
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3075 HIGHLAND PARKWAY - DOWNERS GROVE, IL 605151206630-572-9393advocateaurorahealth.orgLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
1 filing
#004Retirement-$7.51B assets
Prospect flagsLow returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(630) 572-9393
Plan administrator signer
KATIE MCCANN
Signed 09/25/2023
How to read this page

Summary metrics

Total assets (EOY)
$983.5M
+8.4% from 2020
Total participants
20,347
+21.3% from 2020
Average account balance
$0
No prior year
Annual return
-27.73%
+4.83 pp from 2020

Benchmarks

See 204 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort204 peers
Snapshot2022
Participant deferral / active EE
$0
median $38
Employer contribution / active EE
$0
median $6,003
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $1,469,698
Admin fee / account holder
$0
median $19,323
Annual return
-27.73%
median -13.75%
Overall peer rank
1st percentileavg across 6 metrics

Analytics

2019 - 2024
Total assets (EOY)
Plan-year ending balance
$965.92M
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.
8,977
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
$12.50M
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$1K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-2.16%
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 10 of 14 by compensation
ProviderService typeCompensation
WILLIS TOWERS WATSON US LLC3 years
Service code 14 · EIN 53-0181291
Plan Administrator
$798,235
LEGAL & GENERAL INVESTMENT2 years
Service code 28 · EIN 20-8058531
Investment Management
$573,987
DODGE & COX3 years
Service code 28 · EIN 94-1441976
Investment Management
$427,821
AON CONSULTING4+ years
Service code 11 · EIN 22-2232264
Actuarial
$305,062
MORGAN STANLEY INVESTMENT MGMT LTD4+ years
Service code 28 · EIN 13-0057834
Investment Management
$177,258
HIGHCLERE INTERNATIONAL INVESTORS4+ years
Service code 28 · EIN 20-4668348
Investment Management
$150,136
BARING INTERNATIONAL INVESTMENT LTD2 years
Service code 28 · EIN 98-0457328
Investment Management
$146,834
NORTHERN TRUST COMPANY4+ years
Service code 21 · EIN 36-1561860
Bank Trustee
$138,521
CARDINAL CAPITAL MANAGEMENT LLC3 years
Service code 28 · EIN 06-1422705
Investment Management
$72,389
PROFUND SYSTEMS INC2 years
Service code 28 · EIN 36-4120902
Investment Management
$42,705

Enrolled actuary

1 attachment
SB

STEPHANIE M. BOBBITT

AON CONSULTING, INC.
Enrollment #2308514
MSC# 17755
PO BOX 1447
LINCOLNSHIRE, IL 60069
(847) 295-5000
Signed 2023-08-17

Top hat statement on fileNQDC

Filed April 23, 2024 (most recent of 4 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
P.O. Box 32861
Charlotte, NC 28232
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (2)

  • Advocate Health, Inc. Supplemental Executive Retirement Plan22 emp
  • Advocate Health, Inc. Chief Executive Officer Supplemental Executive Retirement Plan1 emp

Total covered: 23 employees

Open the filing PDF

Plan features & details

Pension benefit codes1A1I3H
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.
  • 3H
    Controlled group member
    Plan 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.

  • 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
$5.5M
$458 / participant
  • Investment mgmt$889K16.2%
  • Contract admin$4K0.1%
  • Other / not subdivided$5M83.7%
% of EOY assets
0.557%
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
MITCHELL & TITUS, LLP
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Unqualified