Retirement plan

CONDELL HEALTH NETWORK RETIREMENT PLAN

ADVOCATE AURORA HEALTH, INC.EIN 82-4184596Plan #010PY 2020
3075 HIGHLAND PARKWAY - DOWNERS GROVE, IL 605151206630-572-9393advocateaurorahealth.orgLinkedIn10001+ employeeshospital & health care
Prospect flagsRecently cancelled planLow returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(630) 572-9393
Plan administrator signer
RIA BELL
Signed 10/12/2021

Summary metrics

Total assets (EOY)
$0
No prior year
Total participants
0
No prior year
Average account balance
$0
No prior year
Annual return
-74.78%
+93.13 pp from 2020

Benchmarks

Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants<25
Cohort13,248 peers
Snapshot2020
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $22,218
Participation rate
0.0%
median 50.0%
Avg account balance
$0
median $123,137
Admin fee / account holder
$0
median $563
Annual return
-74.78%
median 8.79%
Overall peer rank
1st percentileavg across 6 metrics

Analytics

Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.

Service providers

Top 6 by compensation
ProviderService typeCompensation
Service code 11 · EIN 22-2232264
Actuarial
$163,859
Service code 11 · EIN 53-0181291
Actuarial
$73,318
Service code 27 · EIN 36-1561860
Advisory (Plan)
$33,483
ADP, INC.2+ years
Service code 14 · EIN 22-1467904
Plan Administrator
$24,000
Service code 17 · EIN 46-5438594
Pension Consulting
$18,427
Service code 10 · EIN 13-2781641
Accounting
$16,500

Enrolled actuary

1 attachment
SB

STEPHANIE M.BOBBITT

AON CONSULTING, INC
Enrollment #2008514
5600 W 83RD STREET
SUITE 1100, 8200 TOWER
BLOOMINGTOM, MN 55437
(847) 442-0486
Signed 2021-08-26

Top hat statement on fileNQDC

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

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

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

3 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.

  • InformationalRecently cancelled plan

    Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II
Admin total
$461K
  • Investment mgmt$3K0.7%
  • Other / not subdivided$458K99.3%
% of EOY assets
-
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
MITCHELL & TITUS, LLP
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Disclaimer