Plan Snapshot
- Plan Sponsor: Northwell Health, INC.
- Sponsor EIN: 113418133
- Sponsor Address: 972 BRUSH HOLLOW ROAD, WESTBURY, NY, 115901740
- Plan Type: DB
- Total Participants: 26,078
- Total Assets: $2.8B
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 | 26,078 | $2.8B | $0 | $0 |
| 2023 | 26,950 | $2.7B | $0 | $0 |
| 2022 | 28,359 | $2.5B | $0 | $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 |
|---|---|---|---|---|
| BLACKSTONE | NONE | $1,805,502 | — | $1,805,502 |
| TOWERS WATSON | NONE | $1,005,244 | — | $1,005,244 |
| NORTHERN TRUST COMPANY | NONE | $751,400 | — | $751,400 |
| EAGLE CAPITAL MANAGEMENT, LLC | NONE | $696,414 | — | $696,414 |
| EDGEWOOD MANAGEMENT LLC | NONE | $596,442 | — | $596,442 |
| BUCK GLOBAL LLC | NONE | $509,248 | — | $509,248 |
| MORGAN STANLEY INVESTMENT MGMT. INC | NONE | $509,039 | — | $509,039 |
| MORGAN LEWIS & BOCKIUS | NONE | $390,233 | — | $390,233 |
| MFS INSTITUTIONAL ADVISORS | NONE | $371,090 | — | $371,090 |
| NISA INVESTMENT ADVISORS | NONE | $313,457 | — | $313,457 |
| MERCER INVESTMENT MANAGEMENT | NONE | $310,605 | — | $310,605 |
| LOOMIS SAYLES TRUST COMPANY LLC | NONE | $285,774 | — | $285,774 |
| BURGUNDY ASSET MANAGEMENT | NONE | $223,150 | — | $223,150 |
| MACKAY SHIELDS | NONE | $222,533 | — | $222,533 |
| CONDUENT HR SERVICES LLC | NONE | $219,306 | — | $219,306 |
| RIVERBRIDGE PARTNERS | NONE | $209,678 | — | $209,678 |
| WELLINGTON TRUST COMPANY | NONE | $199,996 | — | $199,996 |
| JENNISON ASSOCIATES LLC | NONE | $194,494 | — | $194,494 |
| DIAMOND HILL CAPITAL MGMT, INC. | NONE | $186,784 | — | $186,784 |
| DODGE & COX | NONE | $177,006 | — | $177,006 |
| PINE BROOK CAPITAL PARTNERS | NONE | $147,950 | — | $147,950 |
| RAITH CAPITAL PARTNERS, LLC | NONE | $93,804 | — | $93,804 |
| HIG CAPITAL PARTNERS | NONE | $91,418 | — | $91,418 |
| GOLDMAN SACHS ASSEI MGMT. LLC | NONE | $82,764 | — | $82,764 |
| APOLLO NRP II | NONE | $74,321 | — | $74,321 |
| ERNST & YOUNG US LLP | NONE | $68,950 | — | $68,950 |
| COHEN & STEERS | NONE | $48,302 | — | $48,302 |
| MEKETA INVESTMENT GROUP | NONE | $39,891 | — | $39,891 |
| USI CONSULTING GROUP, INC. | NONE | $37,285 | — | $37,285 |
| RCP ADVISORS | NONE | $24,982 | — | $24,982 |
| AKSIA LLC | NONE | $12,180 | — | $12,180 |
| RIALTO CAPITAL; MANAGEMENT | NONE | $7,225 | — | $7,225 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TOWERS WATSON — NONE
- EAGLE CAPITAL MANAGEMENT, LLC — NONE
- MORGAN STANLEY INVESTMENT MGMT. INC — NONE
- MORGAN LEWIS & BOCKIUS — NONE
- ERNST & YOUNG US LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,906,467
- Estimated Expense Ratio: 0.349% 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 | $14,319,271 | $6,928,043 | — | $68,950 | — |
| 2023 | $14,073,131 | $6,591,256 | — | $155,883 | — |
| 2022 | $1,666,770 | — | $398,608 | — | $1,268,162 |