Plan Snapshot
- Plan Sponsor: Lifespan Corporation D/B/A Brown University Health
- Sponsor EIN: 222861978
- Sponsor Address: 167 POINT STREET, SUITE 2A, PROVIDENCE, RI, 02903
- Plan Type: DB
- Total Participants: 6,688
- Total Assets: $537.7M
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 | 6,688 | $537.7M | $31.9M | $0 |
| 2023 | 7,041 | $514.9M | $30.8M | $0 |
| 2022 | 7,439 | $464.0M | $22.0M | $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 |
|---|---|---|---|---|
| MERCER | Actuary | $766,390 | — | $766,390 |
| CAMBRIDGE ASSOCIATES, LLC | Investment Advisor | $636,684 | — | $636,684 |
| INCOME RESEARCH & MANAGEMENT | Investment Advisor | $162,425 | — | $162,425 |
| EDGBASTON INVESTMENT PARTNERS, LLP | Investment Advisor | $124,011 | — | $124,011 |
| STATE STREET BANK & TRUST COMPANY | Custodian / Trustee | $121,131 | — | $121,131 |
| ARROW STREET INTL ACWI EX US FD | Investment Advisor | $103,670 | — | $103,670 |
| POLEN CAPITAL MANAGEMENT, LLC | Investment Advisor | $102,088 | — | $102,088 |
| HS MANAGEMENT PARTNERS | Investment Advisor | $92,889 | — | $92,889 |
| FIDELITY INVEST INST OPER CO, INC. | Recordkeeper | $47,414 | — | $47,414 |
| KPMG LLP | Auditor | $16,995 | — | $16,995 |
| SCHROEDERS INVESTMENT MANAGEMENT | Investment Advisor | $9,614 | — | $9,614 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $9,121 | — | $9,121 |
| VULCAN VALUE PARTNERS | Investment Advisor | $9,103 | — | $9,103 |
| CBIZ CPAS PC | Other Service Provider | $6,875 | — | $6,875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVEST INST OPER CO, INC. — Recordkeeper
- KPMG LLP — Auditor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,208,410
- Estimated Expense Ratio: 0.411% 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 | $8,043,101 | — | — | — | — |
| 2023 | $12,721,926 | — | — | — | — |
| 2022 | $9,164,111 | — | — | — | — |