Retirement plan

HORIZON BLUE CROSS BLUE SHIELD OF NJ EMPLOYEES RETIREMENT PLAN

Name: HORIZON HEALTHCARE SERVICES, INC. - HORIZON BLUE CROSS BLUE SHIELD OF NJ EMPLOYEES RETIREMENT PLAN (2022) Form 5500
Creator: HORIZON HEALTHCARE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HORIZON BLUE CROSS BLUE SHIELD OF NJ EMPLOYEES RETIREMENT PLAN, HORIZON HEALTHCARE SERVICES, INC.

HORIZON HEALTHCARE SERVICES, INC.EIN 22-0999690Plan #001PY 2022

3 PENN PLAZA E, MAIL STATION PP15A - NEWARK, NJ 071052200973-466-4000horizonblue.comLinkedIn5001-10000 employeesinsurance

Other plans on this EIN

2 filings

#003Retirement-$1.15B assets #005Retirement-$225.8M assets

Prospect flagsRecently cancelled planWind-down / frozen

How to read this page

Total assets (EOY)

-9.3% from 2016

Total participants

+10.9% from 2016

Average account balance

No prior year

Annual return

4.30%

-17.90 pp from 2016

Benchmarks

See 3,194 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined benefit

Participants<25

Cohort3,194 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+4.30%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
WILLIS TOWERS WATSON US LLC4 years Filed as: WILLIS TOWERS WATSON Service code 11 · EIN 53-0181291	Actuarial	$606,406
RIVER AND MERCANTILE LLC1 year Filed as: RIVER & MERCANTILE Service code 11 · EIN 04-3513306 130 TURNER STREET, SUITE 510 · WALTHAM, MA 02453	Actuarial	$248,583
LEGAL & GENERAL INVESTMENT5 years Service code 28 71 SOUTH WACKER DRIVE · CHICAGO, IL 60606	Investment Management	$76,159
THE BANK OF NEW YORK MELLON4 years Service code 18 · EIN 13-2614959	Custodial (other than securities); Di...	$43,392
WILSHIRE ASSOCIATES INCORPORATED4 years Filed as: WILSHIRE ASSOCIATES INC Service code 17 · EIN 95-2755361	Pension Consulting	$39,325

Plan features & details

Pension benefit codes1C1I

Plan features

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).
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.

Opportunity flags

2 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.
InformationalRecently cancelled plan
Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II

Admin total

$1.0M

Investment mgmt$159K15.3%
Other / not subdivided$880K84.7%

% of EOY assets

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EISNERAMPER LLP
Auditor EIN: 871363769
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$827,797-100.0%

$788,447-100.0%

$349,369-100.0%

Participation rate

0.0%

45.1%-45.1pp

21.4%-21.4pp

44.4%-44.4pp

Annual return

4.30%

-4.32%+8.6pp

-3.21%+7.5pp

-14.65%+19.0pp

Employer contribution / active EE

$53,412-100.0%

$46,051-100.0%

$46,322-100.0%

Participant deferral / active EE

$28-100.0%

$31-100.0%

$60-100.0%

Admin fee / account holder

$50,219-100.0%

$46,258-100.0%

$14,582-100.0%

Provider

Service type

Compensation

WILLIS TOWERS WATSON US LLC4 years

Filed as: WILLIS TOWERS WATSON

Service code 11 · EIN 53-0181291

Actuarial

$606,406

RIVER AND MERCANTILE LLC1 year

Filed as: RIVER & MERCANTILE

Service code 11 · EIN 04-3513306

130 TURNER STREET, SUITE 510 · WALTHAM, MA 02453

Actuarial

$248,583

LEGAL & GENERAL INVESTMENT5 years

Service code 28

71 SOUTH WACKER DRIVE · CHICAGO, IL 60606

Investment Management

$76,159

THE BANK OF NEW YORK MELLON4 years

Service code 18 · EIN 13-2614959

Custodial (other than securities); Di...

$43,392

WILSHIRE ASSOCIATES INCORPORATED4 years

Filed as: WILSHIRE ASSOCIATES INC

Service code 17 · EIN 95-2755361

Pension Consulting

$39,325

HORIZON BLUE CROSS BLUE SHIELD OF NJ EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HORIZON BLUE CROSS BLUE SHIELD OF NJ EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion