Retirement plan
BETH ISRAEL LAHEY HEALTH DEFINED BENEFIT PLAN I
BETH ISRAEL LAHEY HEALTH, INC.EIN 83-2671600Plan #001PY 2025
SCHRAFFT'S CITY CENTER 4TH FLOOR, 529 MAIN STREET, TAX DEPT. - CHARLESTOWN, MA 02129781-744-8924
Other plans on this EIN
1 filingProspect flagsHigh retiree %Low returnsLow employer contributionLow participant contribution
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$702.8M
+20.5% from 2022
Total participants
13,755
+2.0% from 2022
Average account balance
$0
No prior year
Annual return
5.10%
+1116.41 pp from 2022
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants1,000-4,999
Cohort122 peers
Snapshot2025
1
Participant deferral / active EE
$31
median $37
17
Employer contribution / active EE
$7,329
median $13,442
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
13
Annual return
5.10%
median 8.32%
Overall peer rank
10of 100
10th percentileavg across 6 metrics
Analytics
2021 - 2025
Total assets (EOY)
Plan-year ending balance
$702.79M
Average account balance
Total assets / participants with a balance (line 6g)
$51K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
8,799
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
$36.47M
Contributions per participant
Average employer and participant contribution per enrolled participant
$7K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+5.10%
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 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
WILLIS TOWERS WATSON LLC5+ years Service code 11 · EIN 53-0181291 | Actuarial | $742,292 |
NEPC, LLC4 years Service code 17 · EIN 26-1429809 | Pension Consulting | $375,392 |
STATE STREET GLOBAL ADVISORS5+ years Service code 18 · EIN 81-4017137 | Investment management fees paid direc... | $182,845 |
BDO USA, P.C.3 years Service code 10 · EIN 13-5381590 | Accounting | $97,169 |
STATE STREET BANK & TRUST5+ years Service code 28 · EIN 04-1867445 | Investment Management | $34,685 |
Service code 28 · EIN 20-8080381 | Investment Management | $9,894 |
Enrolled actuary
1 attachment
SB
JENNIFER BURNS
WILLIS TOWERS WATSON US LLC
Enrollment #2307363
75 ARLINGTON ST, FLOOR 2
BOSTON, MA 02116
(617) 638-3700
Signed 2026-03-31
Top hat statement on fileNQDC
Filed July 13, 2020
Plan administrator
Plan administrator name— Sign in and upgrade to view
20 University Road, Suite 700
Cambridge, MA 02138
Plans declared (1)
- Beth Israel Lahey Health, Inc. Supplemental Executive Retirement Plan3 emp
Plan features & details
Pension benefit codes1A1C3H
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).
- 1CCash balance or similar planA cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
4 tripped
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
- 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
$8.9M
$1802 / participant
- Trustee / custodial$35K0.4%
- Investment mgmt$568K6.4%
- Actuarial$742K8.3%
- Other / not subdivided$8M84.9%
% of EOY assets
1.270%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- BDO USA, P.C.
- Auditor EIN
- 135381590
- Audit fees
- $97,169
- Opinion code
- Unqualified