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Original filing (PDF)20251009112255NAL0006904193001
BEACON HEALTH SYSTEM, INC.
Form 5500
FILING_RECEIVED
BEACON RETIREMENT SAVINGS 403(B) PLAN
403(b) retirement plan
Signals · 1
6 service providers
Active participants
7,860
Accounts w/ balance
10,573
Plan assets (EOY)
$694.9M
Net assets (EOY)
$694.9M
How this plan invests
This plan
41 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 13 bps in Schedule C fees — 115% above peer band of 6 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BEACON HEALTH SYSTEM, INC..
Plan sponsor
Name
BEACON HEALTH SYSTEM, INC.
EIN
45-3864076
Address
615 N MICHIGAN ST · SOUTH BEND, IN · 46601
Phone
(574) 647-6508
Industry
Health Care & Social Assistancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-09
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2M · 403(b)(7) custodial accounts
2R · Participant-directed brokerage (SDBA)
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | 13-3689044 | — | RECORDKEEPER | $854K | — |
Broker
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CORIENT PRIVATE WEALTH LLC | 88-0967642 | — | SECURITIES BROKER | $6K | — |
| CHARLES SCHWAB & CO., INC. | 94-1737782 | — | SECURITIES BROKER | $1K | — |
| MID ATLANTIC CAPITAL CORPORATION | 25-1409618 | — | SECURITIES BROKER | $0 | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FORVIS, LLP | 44-0160260 | — | AUDITOR | $25K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TAFT STETTINIUS & HOLLISTER LAW LLP | 31-0541755 | — | LEGAL | $9K | — |
Investments
33 direct securities· $709.8M(100% of reported assets)
Uncategorized
$646.7M
32 holdings
Mutual Funds
$63.1M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index 377,524 Shares | — | — | $378K | $77.1M | 11.1% | |
| AB Lg Cap Gr Z | Mutual Funds | — | $578K | $63.1M | 9.1% | |
| Investment Contract With Insurance Company Standard Stable Asset Fund I 1,527,288 Units | — | — | $1.5M | $50.5M | 7.3% | |
| BlackRock LifePath Dynamic 2040 K 2,637,132 Shares | — | — | $2.6M | $45.5M | 6.5% | |
| Fidelity Total Bd K6 | — | — | $4.4M | $38.0M | 5.5% | |
| BlackRock LifePath Dynamic 2035 K 2,320,686 Shares | — | — | $2.3M | $36.8M | 5.3% | |
| BlackRock LifePath Dynamic 2050 K 1,623,159 Shares | — | — | $1.6M | $36.8M | 5.3% | |
| Putnam Large Cap Value R6 1,049,745 Shares | — | — | $1.0M | $36.2M | 5.2% | |
| BlackRock LifePath Dynamic 2030 K 2,615,465 Shares | — | — | $2.6M | $34.9M | 5.0% | |
| BlackRock LifePath Dynamic 2055 K 1,724,748 Shares | — | — | $1.7M | $33.6M | 4.8% | |
| BlackRock LifePath Dynamic 2045 K 1,808,076 Shares | — | — | $1.8M | $32.4M | 4.7% | |
| Blackrock LifePath Dyn Retrmnt K | — | — | $3.4M | $30.9M | 4.5% | |
| Hartford Schroders International Stk SDR 1,609,942 Shares | — | — | $1.6M | $28.4M | 4.1% | |
| PIMCO Inc Instl | — | — | $1.8M | $19.0M | 2.7% | |
| American Funds Balanced A 546,356 Shares | — | — | $546K | $18.8M | 2.7% | |
| BlackRock LifePath Dynamic 2060 K 1,278,286 Shares | — | — | $1.3M | $18.6M | 2.7% | |
| Janus Henderson Fund 121,445 Shares | — | — | $121K | $17.5M | 2.5% | |
| John Hancock JHancock3 Disciplined Val Md cp R6 | — | — | — | $16.0M | 2.3% | |
| JHancock Disciplined Value Mid Cap R6 593,605 Shares | — | — | $594K | $16.0M | 2.3% | |
| Columbia Small Cap Value II Inst3 853,183 Shares | — | — | $853K | $13.0M | 1.9% | |
| Fidelity Total International 835,940 Shares | — | — | $836K | $11.2M | 1.6% | |
| Fidelity Mid Cap Index 232,715 Shares | — | — | $233K | $7.9M | 1.1% | |
| Participants Notes Receivable with interest rates of 4.25% to 9.50% | — | — | — | $6.7M | 1.0% | |
| Charles Schwab Instl Personal Choice Retment Account | — | — | — | $5.9M | 0.8% | |
| American Century Small Cap Growth R6 238,112 Shares | — | — | $238K | $5.5M | 0.8% | |
| Fidelity Small Cap Index 191,746 Shares | — | — | $192K | $5.3M | 0.8% | |
| BlackRock LifePath Dynamic 2065 K 297,926 Shares | — | — | $298K | $3.9M | 0.6% | |
| Transamerica Financial Life Ins. Co. General Account 231,191 Units | — | — | $231K | $231K | <0.1% | |
| SecurePath for Life Retirement Income 3,462 Shares | — | — | $3K | $55K | <0.1% | |
| SecurePath for Life 2030 574 Shares | — | — | — | $12K | <0.1% | |
| SecurePath for Life 2025 365 Shares | — | — | — | $8K | <0.1% | |
| Transamerica Life Ins Co SecurePath for Life 2020 | — | — | — | $6K | <0.1% | |
| SecurePath for Life 2035 349 Shares | — | — | — | $6K | <0.1% |
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