Retirement plan

SUTTER HEALTH RETIREMENT PLAN

SUTTER HEALTHEIN 94-2788907Plan #333PY 2020
2200 RIVER PLAZA DRIVE - SACRAMENTO, CA 95833916-887-7232sutterhealth.orgLinkedIn10001+ employeeshospital & health care
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(916) 887-7232
Plan administrator signer
TRACY MESSINEO
Signed 10/04/2021

Summary metrics

Total assets (EOY)
$6325.6M
-7.5% from 2016
Total participants
59,991
-4.4% from 2016
Average account balance
$0
No prior year
Annual return
20.03%
-7.27 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants>=10,000
Cohort212 peers
Snapshot2020
Participant deferral / active EE
$0
median $23
Employer contribution / active EE
$5,975
median $5,975
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
20.03%
median 12.84%
Overall peer rank
65th 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 27 by compensation
ProviderService typeCompensation
Service code 28 · EIN 61-6506892
Investment Management
$2,564,705
Service code 28 · EIN 41-1923871
Investment Management
$1,471,480
Service code 28 · EIN 20-2830751
Investment Management
$1,403,044
Service code 28 · EIN 59-3299598
Investment Management
$1,201,260
Service code 28 · EIN 20-1665304
Investment Management
$1,054,245
Service code 28 · EIN 20-8441410
Investment Management
$1,014,186
Service code 28 · EIN 95-2553868
Investment Management
$981,651
Service code 21 · EIN 36-1561860
Bank Trustee
$974,155
Service code 28 · EIN 52-1200960
Investment Management
$840,857
Service code 28 · EIN 13-4062153
Investment Management
$705,329

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 2021-09-17

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
  • 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).
  • 1C
    Cash balance or similar plan
    A 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).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 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

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$22.0M
$584 / participant
  • Investment mgmt$15M66.1%
  • Contract admin$676K3.1%
  • Other / not subdivided$7M30.8%
% of EOY assets
0.348%
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