Plan Snapshot
- Plan Sponsor: Baystate Health, INC.
- Sponsor EIN: 042105941
- Sponsor Address: 280 CHESTNUT STREET, SPRINGFIELD, MA, 01104
- Plan Type: DB
- Total Participants: 0
- Total Assets: $6.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $6.7M | -$21,781,241 | $0 |
| 2023 | 2,095 | $790.8M | $1.0M | $0 |
| 2022 | 2,242 | $794.6M | $53.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WILLIS TOWERS WATSON | ACTUARY AND ADMIN | $2,841,654 | — | $2,841,654 |
| BLACKROCK FINANCIAL MANAGEMENT, INC | INVESTMENT MGMT | $562,178 | — | $562,178 |
| NORTHERN TRUST | NONE | $128,003 | — | $128,003 |
| JEFFRIES | NONE | $55,882 | — | $55,882 |
| VERRILL DANA | LEGAL | $49,143 | — | $49,143 |
| RIVER AND MERCANTILE LLC | INVESTMENT MGMT | $25,000 | — | $25,000 |
| KIRKLAND & ELLIS | NONE | $10,089 | — | $10,089 |
| ENCAP INVESTMENTS LP | MISC. CONSULTING | $10,000 | — | $10,000 |
| MEYERS BROTHERS KALICKA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — ACTUARY AND ADMIN
- VERRILL DANA — LEGAL
- MEYERS BROTHERS KALICKA, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,681,949
- Estimated Expense Ratio: 54.577% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $611,112 | — | — | — | — |
| 2023 | $2,658,106 | — | — | — | — |
| 2022 | $9,122,070 | $747,385 | $123,900 | — | $1,247,638 |