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Original filing (PDF)20251014142107NAL0001534275001

COREWELL HEALTH

Form 5500
FILING_RECEIVED
SPECTRUM HEALTH PENSION PLAN
Defined-benefit pension plan
Signals · 4
99% in single holding~78 bps in Sched C feesNo recordkeeper disclosed12 service providers
Active participants
2,032
Accounts w/ balance
Plan assets (EOY)
$229.3M
Net assets (EOY)
$213.5M
How this plan invests
This plan
2 pooled trusts
Schedule D
15 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • Top holding "The Northern Trust Company* Various investments (see Appendix A for detailed listing)" is 99% of plan.
  • 78 bps in Schedule C fees — 678% above peer band of 10 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for COREWELL HEALTH.
Plan sponsor
Name
COREWELL HEALTH
EIN
38-3382353
Address
100 MICHIGAN ST. NE · GRAND RAPIDS, MI · 49503
Phone
(616) 391-2543
Industry
Health Care & Social Assistancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1D · Floor-offset DB
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
PLANTE & MORAN, PLLC
Trustee / custodian
Trustee phone

Service providers (Schedule C)

12 rows
Other
12
NameEINLocationRelationDirect compIndirect comp
DELOITTE CONSULTING LLP06-1454513NONE$682K
PIMCO33-0629048NONE$330K
NISA INVESTMENT ADVISORS, LLC48-1140940NONE$300K
SPECTRUM HEALTH SYSTEM38-3382353PLAN SPONSOR$181K
NORTHERN TRUST CORPORATION36-2723087NONE$107K
MERCER INVESTMENTS LLC13-2834414NONE$50K
THE BANK OF NEW YORK MELLON13-5160382NONE$39K
WCM INVESTMENT MANAGEMENT, LLC95-3046237NONE$32K
WILLIS TOWER WATSON53-0181291NONE$28K
GEORGE JOHNSON & COMPANY38-2029668NONE$18K
DELOITTE TAX LLP86-1065772NONE$10K
FOREMOST GRAPHICS, LLC38-3563640NONE$6K

Investments

15 direct securities · 2 pooled funds· $240.8M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized
$224.8M
15 holdings
Common Collective Trust
$16.0M
2 holdings
PIInvestmentTypeShares / unitsCostCurrent value% of plan
The Northern Trust Company* Various investments (see Appendix A for detailed listing)$229.4M$223.4M97.4%
NTGI-QM COLLECTIVE DAILY S & P 500
NORTHERN TRUST INVESTMENTS, N.A. · EIN 45-6138589 / PN 001
Common Collective Trust
$12.0M5.2%
WCM FOCUSED INTL GROWTH FUND
WCM INVESTMENT MANAGEMENT · EIN 20-8941519 / PN 001
Common Collective Trust
$4.0M1.7%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 200,000.000200,000.000300,000.000300,000.000200,000.000$500K0.2%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 300,000.000-300,000.000-200,000.000200,000.000100,000.000-100,000.000-100,000.000100,000.000$400K0.2%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 200,000.000100,000.000$200K$100K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 80,000.00040,000.000$45K$60K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 50,000.00080,000.000$5K$57K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 70,000.00010,000.000$55K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb$50K$50K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 77,000.00085,000.00095,000.00050,000.000$35K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 35,000.000$35K$25K<0.1%
06-15-2048 FLTG 04-15-2031 - Dol 08-15-2051 03-16-2032 BEO 12-07-2049$20K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 90,000.00020,000.00085,000.00020,000.00055,000.00015,000.000$5K$10K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 11,000.000$11K$7K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 55,000.00010,000.000$5K$5K<0.1%
Account Name SPECTRUM HEALTH PENSIONHistorical Cost Generated by Northern Trust from reviewed periodic data on 21 Feb 25 75,000.00035,000.00035,000.00020,000.000$3K<0.1%