Retirement plan

THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC. REPRESENTED EMPLOYEES 403(B) PLAN

Name: THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC. - THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC. REPRESENTED EMPLOYEES 403(B) PLAN (2024) Form 5500
Creator: THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC. REPRESENTED EMPLOYEES 403(B) PLAN, THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC.

THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC.dba DEPARTMENT OF HUMAN RESOURCESEIN 52-1341890Plan #001PY 2024

1812 ASHLAND AVENUE, SUITE 400-A - BALTIMORE, MD 212051546443-997-3759

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$5.6M

+15.5% from 2023

Total participants

1,026

0.0% from 2023

Average account balance

$5,431

+15.5% from 2023

Annual return

11.65%

+0.29 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.57M

Not enough data

1 years with asset history on file

Average account balance

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

$5K

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.

1,026

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$837K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS9 years Service code 12 · EIN 13-3689044	Direct payment from the plan; Claims ...	$46,389
SB & COMPANY, LLC4 years Filed as: SB & COMPANY LLC Service code 10 · EIN 20-2153727	Accounting	$7,650
NATIONAL FINANCIAL SERVICES9 years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2L2M2R2S2T3D3H

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$54K

$112 / participant

Recordkeeping$46K85.4%
Investment mgmt$2950.5%
Other / not subdivided$8K14.1%

% of EOY assets

0.975%

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: SB & COMPANY, LLC
Auditor EIN: 202153727
Audit fees: $7,650
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,431

$50,902-89.3%

$155,534-96.5%

$77,736-93.0%

Participation rate

100.0%

63.1%+36.9pp

78.2%+21.8pp

70.6%+29.4pp

Annual return

11.65%

34.85%-23.2pp

64.92%-53.3pp

31.26%-19.6pp

Employer contribution / active EE

$1,991-100.0%

$4,675-100.0%

$2,728-100.0%

Participant deferral / active EE

$1,726

$2,824-38.9%

$5,630-69.4%

$4,651-62.9%

Admin fee / account holder

$53

$437-87.9%

$15,900-99.7%

$433-87.8%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS9 years

Service code 12 · EIN 13-3689044

Direct payment from the plan; Claims ...

$46,389

SB & COMPANY, LLC4 years

Filed as: SB & COMPANY LLC

Service code 10 · EIN 20-2153727

Accounting

$7,650

NATIONAL FINANCIAL SERVICES9 years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC. REPRESENTED EMPLOYEES 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE JOHNS HOPKINS BAYVIEW MEDICAL CENTER, INC. REPRESENTED EMPLOYEES 403(B) 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