2023 Form 5500 filing — Beaumont Health 403(B) Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014074045NAL0045223008001) for Beaumont Health 403(B) Retirement Savings Plan, reported by William Beaumont Hospital under EIN 38-1459362 and plan number 002. It reports 48,674 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014074045NAL0045223008001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- William Beaumont Hospital
- EIN
- 38-1459362
- Plan number
- 002
- Location
- Southfield, MI
- Participants
- 48,674
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,628,827,189
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,628,827,189
- Employer contributions
- $46,590,640
- Participant contributions
- $145,341,806
- Total income / additions
- $585,558,293
- Benefits paid
- $189,063,125
- Administrative expenses
- $2,869,241
- Total expenses
- $192,409,724
- Net increase / (decrease)
- $393,148,569
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER ADMIN/ADV | $1,569,016 | $0 |
| Financial Engines | ADVISOR | $1,152,528 | not reported in the loaded dataset |
| Stifel Pearl Street | INV ADVISOR | $118,125 | not reported in the loaded dataset |
| George Johnson & Company | AUDITOR | $29,100 | not reported in the loaded dataset |
| Lincoln Financial | CONTRACT ADMIN | $13,875 | not reported in the loaded dataset |