Beaumont Health 403(B) Retirement Savings Plan — Form 5500 plan (William Beaumont Hospital)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Beaumont Health 403(B) Retirement Savings Plan is a benefit plan reported by William Beaumont Hospital under EIN 38-1459362 and plan number 002. The latest loaded filing year is 2023. The filing reports 48,674 participants and $2,628,827,189 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- William Beaumont Hospital
- EIN
- 38-1459362
- Plan number
- 002
- Plan type
- 2
- Location
- Southfield, MI
- Latest filing year
- 2023
- Participants
- 48,674
- End-of-year plan assets
- $2,628,827,189
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 48,674 | H, C | 20241014074045NAL0045223008001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,628,827,189
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,628,827,189
- Net assets (BOY)
- $2,235,678,620
Income & contributions
- Employer contributions
- $46,590,640
- Participant contributions
- $145,341,806
- Total contributions
- $204,197,155
- Total income / additions
- $585,558,293
Expenses & distributions
- Benefits paid
- $189,063,125
- Administrative expenses
- $2,869,241
- Total expenses
- $192,409,724
- Net increase / (decrease)
- $393,148,569
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER ADMIN/ADV | $1,569,016 | $0 | 2023 |
| Financial Engines | ADVISOR | $1,152,528 | not reported in the loaded dataset | 2023 |
| Stifel Pearl Street | INV ADVISOR | $118,125 | not reported in the loaded dataset | 2023 |
| George Johnson & Company | AUDITOR | $29,100 | not reported in the loaded dataset | 2023 |
| Lincoln Financial | CONTRACT ADMIN | $13,875 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for William Beaumont Hospital
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Southfield, MI
- Fidelity Investments Institutional — Schedule C compensation
- Financial Engines — Schedule C compensation
- Stifel Pearl Street — Schedule C compensation
- George Johnson & Company — Schedule C compensation
- Lincoln Financial — Schedule C compensation