Retirement plan
SUTTER HEALTH RETIREMENT PLAN
SUTTER HEALTHEIN 94-2788907Plan #333PY 2019
2700 GATEWAY OAKS DRIVE, SUITE 1200 - SACRAMENTO, CA 95833916-887-7232sutterhealth.orgLinkedIn10001+ employeeshospital & health care
Prospect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
TRACY MESSINEO
Signed 10/12/2020
Summary metrics
Total assets (EOY)
$5277.5M
-7.5% from 2016
Total participants
59,027
-4.4% from 2016
Average account balance
$0
No prior year
Annual return
18.91%
-7.27 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants>=10,000
Cohort30 peers
Snapshot2019
0
Participant deferral / active EE
$0
median $181
66
Employer contribution / active EE
$7,822
median $5,091
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $69,208,052
0
Admin fee / account holder
$0
median $454,372
76
Annual return
18.91%
median 15.63%
Overall peer rank
71of 100
71st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$6.16B
Average account balance
Total assets / participants with a balance (line 6g)
$93K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
26,128
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
$225.00M
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
+9.00%
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 26 by compensation
| Provider | Service type | Compensation |
|---|---|---|
MARATHON-LONDON3 years Service code 28 · EIN 61-6506892 | Investment Management | $1,612,337 |
Service code 28 · EIN 20-8441410 | Investment Management | $1,453,507 |
THE NORTHERN TRUST COMPANY5+ years Service code 21 · EIN 36-1561860 | Bank Trustee | $1,262,815 |
Service code 28 · EIN 41-1923871 | Investment Management | $1,246,788 |
DEPRINCE RACE & ZOLLO INC.5+ years Service code 28 · EIN 59-3299598 | Investment Management | $1,229,820 |
SANDS CAPITAL MANAGEMENT, LLC5+ years Service code 28 · EIN 20-2830751 | Investment Management | $1,224,078 |
Service code 28 · EIN 95-2553868 | Investment Management | $1,111,889 |
Service code 28 · EIN 20-1665304 | Investment Management | $1,020,078 |
Service code 28 · EIN 52-1200960 | Investment Management | $742,168 |
TREMBLANT CAPITAL LP3 years Service code 28 · EIN 83-0349287 | Investment Management | $645,257 |
Enrolled actuary
1 attachment
SB
BARBARA STOCK COLETTA
WILLIS TOWERS WATSON US LLC
Enrollment #2006807
555 17TH STREET
SUITE 2050
DENVER, CO 802022831
(303) 391-1200
Signed 2020-10-02
Top hat statement on fileNQDC
Filed November 26, 1997 (most recent of 3 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes1A1C1E3H
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).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$20.2M
$544 / participant
- Investment mgmt$13M66.0%
- Contract admin$529K2.6%
- Other / not subdivided$6M31.4%
% of EOY assets
0.382%
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
- ERNST & YOUNG LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified