Retirement plan

MERCY HEALTH CORPORATION EMPLOYEES RETIREMENT PLAN

Name: MERCY HEALTH CORPORATION - MERCY HEALTH CORPORATION EMPLOYEES RETIREMENT PLAN (2021) Form 5500
Creator: MERCY HEALTH CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERCY HEALTH CORPORATION EMPLOYEES RETIREMENT PLAN, MERCY HEALTH CORPORATION

MERCY HEALTH CORPORATIONEIN 47-2158680Plan #003PY 2021

3401 N. PERRYVILLE ROAD, SUITE 303 - ROCKFORD, IL 61114608-756-6804LinkedIn1-10 employeeshospital & health care

Other plans on this EIN

4 filings

#002Retirement-$150.9M assets #001Retirement-$68.1M assets #004Retirement-$38.7M assets #005Retirement-$10.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$840.9M

-2.0% from 2018

Total participants

11,676

-10.5% from 2018

Average account balance

$72,019

+9.5% from 2018

Annual return

16.00%

+108.03 pp from 2018

Benchmarks

See 226 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort226 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$827.71M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

Not enough data

1 years with per-participant data

Participants with account balance

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

11,849

Not enough data

1 years with headcount on file

Eligible Participants and Participation

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

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$57.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59

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 2 by compensation

Provider	Service type	Compensation
REGULUS ADVISORS, LLC3 years Service code 26 · EIN 26-3975819	Advisory (Participants)	$1,494,992
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$34,450

Plan features & details

Pension benefit codes2L2F2G2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$124K

$20 / participant

Other / not subdivided$124K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,019

$69,238+4.0%

$185,854-61.2%

$101,555-29.1%

Participation rate

100.0%

73.5%+26.5pp

81.7%+18.3pp

74.5%+25.5pp

Annual return

16.00%

21.26%-5.3pp

122.12%-106.1pp

21.00%-5.0pp

Employer contribution / active EE

$2,485

$2,104+18.1%

$5,169-51.9%

$2,972-16.4%

Participant deferral / active EE

$5,120

$3,764+36.0%

$5,569-8.1%

$4,874+5.0%

Admin fee / account holder

$11

$66-83.9%

$16,246-99.9%

$139-92.4%

Provider

Service type

Compensation

REGULUS ADVISORS, LLC3 years

Service code 26 · EIN 26-3975819

Advisory (Participants)

$1,494,992

MORNINGSTAR4 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$34,450

MERCY HEALTH CORPORATION EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERCY HEALTH CORPORATION 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