Retirement plan
INTERMOUNTAIN HEALTHCARE PENSION PLAN
INTERMOUNTAIN HEALTH CARE, INC.EIN 87-0269232Plan #001PY 2023
36 SOUTH STATE STREET, SUITE 2300 - SALT LAKE CITY, UT 84111801-442-2049LinkedIn11-50 employeesmedical practice
Other plans on this EIN
2 filingsProspect flagsWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
DAVID K. ADAMS
Signed 10/14/2024
Plan administrator entity
IHC HEALTH SERVICES, INC.
EIN 942854057
Summary metrics
Total assets (EOY)
$3209.6M
-1.2% from 2016
Total participants
41,911
+8.7% from 2016
Average account balance
$0
No prior year
Annual return
12.48%
-1.84 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort191 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $12
0
Employer contribution / active EE
$0
median $5,926
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
0
Admin fee / account holder
$0
82
Annual return
12.48%
median 8.27%
Overall peer rank
82of 100
82nd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$3.40B
Average account balance
Total assets / participants with a balance (line 6g)
$85K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
14,715
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
$173.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$6K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.29%
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 48 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 28 · EIN 41-2066924 | Investment Management | $2,918,000 |
H.I.G. CAPITAL, LLC5 years Service code 28 1450 BRICKELL AVENUE, 31ST FLOOR · MIAMI, FL 33131 | Investment Management | $1,432,000 |
Service code 28 · EIN 45-3056700 | Investment Management | $1,383,000 |
Service code 28 · EIN 95-4475693 | Investment Management | $720,000 |
WALTER SCOTT & PARTNERS LIMITED9+ years Service code 28 · EIN 98-0465834 | Investment Management | $704,000 |
WILLIS TOWERS WATSON8 years Service code 11 · EIN 53-0181291 | Actuarial | $641,000 |
JMI EQUITY1 year Service code 28 100 INTERNATIONAL DRIVE · BALTIMORE, MD 21202 | Investment Management | $613,000 |
ONE ROCK7 years Service code 28 30 ROCKEFELLER PLAZA, 54TH FLOOR · NEW YORK, NY 10112 | Investment Management | $602,000 |
MERCER INVESTMENTS LLC5 years Service code 28 · EIN 30-0282430 | Investment Management | $601,000 |
Service code 28 · EIN 33-0629048 | Investment Management | $594,000 |
Enrolled actuary
1 attachment
SB
ZACHARY J ROBINSON
WILLIS TOWERS WATSON US LLC
Enrollment #2307000
555 17TH STREET
SUITE 2050
DENVER, CO 80202
(303) 391-1200
Signed 2024-09-17
Plan features & details
Pension benefit codes1A1B1C3H
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).
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 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
1 tripped
- 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
$22.0M
$822 / participant
- Trustee / custodial$521K2.4%
- Investment mgmt$16M74.5%
- Legal$94K0.4%
- Actuarial$641K2.9%
- Contract admin$163K0.7%
- Other / not subdivided$4M19.1%
% of EOY assets
0.685%
all-in expense ratio
Categories reported
5 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- KPMG LLP
- Auditor EIN
- 135565207
- Audit fees
- $52,000
- Opinion code
- Unqualified