Plan Snapshot
- Plan Sponsor: Northwell Health, INC.
- Sponsor EIN: 113418133
- Sponsor Address: 972 BRUSH HOLLOW ROAD, WESTBURY, NY, 115901740
- Plan Type: 403(b)
- Total Participants: 49,356
- Total Assets: $10.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 49,356 | $10.9B | $152.1M | $370.0M |
| 2023 | 44,511 | $9.9B | $157.5M | $369.1M |
| 2022 | 48,676 | $8.3B | $154.7M | $360.6M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | NONE | $2,928,811 | — | $2,928,811 |
| ROCATON INVESTMENT ADVISORS | NONE | $110,935 | — | $110,935 |
| ERNST & YOUNG, LLP | NONE | $68,950 | — | $68,950 |
| MORGAN LEWIS & BOCKIUS LLP | NONE | $33,721 | — | $33,721 |
| MEKETA INVESTMENT GROUP | NONE | $17,800 | — | $17,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — NONE
- MORGAN LEWIS & BOCKIUS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,160,217
- Estimated Expense Ratio: 0.029% 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 | $3,160,217 | $128,735 | — | $68,950 | — |
| 2023 | $3,455,228 | $245,219 | — | $76,206 | — |
| 2022 | $3,657,705 | $297,736 | $3,294,246 | — | $65,723 |