Phoebe Home, Inc. Union Employees' Pension Plan

• Opportunity

  Low returns

  Annual investment return is in the bottom quintile of the peer cohort.

  Schedule H, line 2
• Opportunity

  High cash

  More than 10% of assets are held in cash - possible menu-design or default-fund problem.

  Schedule H, lines 1a and 1c(1)
• Informational

  Wind-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.

  Lines 6a and 6g
• Informational

  Recently cancelled plan

  Plan reported a final filing / termination within the last year.

  Part I, line B

Industry

62 - Health Care and Social Assistance

Plan type

Defined benefit

Participants

<25

Cohort

12,557 peers

Snapshot

2024

• 1B
  Benefits are primarily flat dollar

  Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
• 1H
  PBGC terminated and closed out plan

  Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).
• 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.
• 3D
  Pre-approved pension plan

  A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

This is a legacy paper filing. The plan administrator and contact details are only in the original filing. We have not converted them into data fields.