Retirement plan

TRIHEALTH, INC. RETIREMENT PLAN

Name: TRIHEALTH, INC. - TRIHEALTH, INC. RETIREMENT PLAN (2024) Form 5500
Creator: TRIHEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIHEALTH, INC. RETIREMENT PLAN, TRIHEALTH, INC.

TRIHEALTH, INC.EIN 31-1438846Plan #001PY 2024

625 EDEN PARK DR - CINCINNATI, OH 45202513-569-6111trihealth.comLinkedIn10001+ employeeshospital & health care

Other plans on this EIN

1 filing

#004Retirement-$1.39B assets

Prospect flagsLow returnsHigh cash

How to read this page

Total assets (EOY)

$20M

-1.2% from 2016

Total participants

+3.4% from 2016

Average account balance

No prior year

Annual return

-1.09%

-4.81 pp from 2016

Benchmarks

See 12,503 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined benefit

Participants<25

Cohort12,503 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.01M

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

$11.10M

Not enough data

1 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

-1.09%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 9 by compensation

Provider	Service type	Compensation
FIFTH THIRD BANK RETIREMENT SERVICE5 years Filed as: FIFTH THIRD BANK Service code 10 · EIN 31-1438846	Accounting	$535,656
AON CONSULTING7 years Filed as: AON CONSULTING, LLC Service code 11 · EIN 22-2232264	Actuarial	$265,237
NORTHERN TRUST COMPANY8 years Service code 21 · EIN 36-1561860	Bank Trustee	$128,110
NEPC, LLC8 years Service code 17 · EIN 26-1429809	Pension Consulting	$60,830
ERNST & YOUNG LLP4 years Service code 10 · EIN 34-6565596	Accounting	$60,000
WELLINGTON TRUST COMPANY10+ years Service code 28 · EIN 04-2755549	Investment Management	$45,273
PARAMETRIC PORTFOLIO ASSOCIATES LLC5 years Filed as: PARAMETRIC Service code 28 · EIN 20-0292745	Investment Management	$42,928
WITHUMSMITH+BROWN, PC3 years Filed as: FROST BROWN TODD Service code 49 · EIN 61-0722001	Other Services	$40,461
GARCIA HAMILTON & ASSOCIATES5 years Filed as: GARCIA HAMILTON & ASSOCIATES, L.P. Service code 28 · EIN 76-0589652	Investment Management	$32,320

Plan features & details

Pension benefit codes1A1C1I3H

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).
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$131K

Trustee / custodial$128K98.0%
Investment mgmt$181K138.7%
Actuarial$265K202.9%
Contract admin$536K409.7%

% of EOY assets

0.654%

all-in expense ratio

Categories reported

4 / 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: $60,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$340,249-100.0%

$329,695-100.0%

$330,599-100.0%

Participation rate

0.0%

51.3%-51.3pp

43.4%-43.4pp

43.7%-43.7pp

Annual return

-1.09%

10.01%-11.1pp

9.82%-10.9pp

13.05%-14.1pp

Employer contribution / active EE

$31,912-100.0%

$30,322-100.0%

$37,664-100.0%

Participant deferral / active EE

$67-100.0%

$66-100.0%

$48-100.0%

Admin fee / account holder

$60,407-100.0%

$53,840-100.0%

$31,365-100.0%

Provider

Service type

Compensation

FIFTH THIRD BANK RETIREMENT SERVICE5 years

Filed as: FIFTH THIRD BANK

Service code 10 · EIN 31-1438846

Accounting

$535,656

AON CONSULTING7 years

Filed as: AON CONSULTING, LLC

Service code 11 · EIN 22-2232264

Actuarial

$265,237

NORTHERN TRUST COMPANY8 years

Service code 21 · EIN 36-1561860

Bank Trustee

$128,110

NEPC, LLC8 years

Service code 17 · EIN 26-1429809

Pension Consulting

$60,830

ERNST & YOUNG LLP4 years

Service code 10 · EIN 34-6565596

Accounting

$60,000

WELLINGTON TRUST COMPANY10+ years

Service code 28 · EIN 04-2755549

Investment Management

$45,273

PARAMETRIC PORTFOLIO ASSOCIATES LLC5 years

Filed as: PARAMETRIC

Service code 28 · EIN 20-0292745

Investment Management

$42,928

WITHUMSMITH+BROWN, PC3 years

Filed as: FROST BROWN TODD

Service code 49 · EIN 61-0722001

Other Services

$40,461

GARCIA HAMILTON & ASSOCIATES5 years

Filed as: GARCIA HAMILTON & ASSOCIATES, L.P.

Service code 28 · EIN 76-0589652

Investment Management

$32,320

TRIHEALTH, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIHEALTH, INC. 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