Long Island Jewish Medical Center

77
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
77
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (72)
Highest in Peer Group (92)

Plan Description

Northwell Health 403(b) Plan is a defined contribution plan. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Northwell Health 403(b) Plan currently has over 55,300 active participants and over $5.6B in plan assets.

Did you know?

For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (77) and the top rated plan (92) could equate to:
12
Additional years of work
29,091
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 972 Brush Hollow Road 5th Floor
  • Location
    Westbury , NY
  • 11590-1740
  • Industry
    Health Care and Social Assistance
  • Administrator
    Michele Cusack
  • Net Plan Assets
    $5,560,000,000
  • Total Participants
    55,000
  • Avg Account Balance
    $100,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Above Average
Account Balance:
Great

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Great
Salary Deferrals:
Average
Account Balance:
Average

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

55

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Institutional Target Retirement 34%
12%
MetLife Fixed Interest Account 17%
N/A
Vanguard Institutional Index 10%
10%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
AIG Asset Management (U.S.), LLC
Insurance Carrier
Lincoln Financial
Insurance Carrier
Prudential
Insurance Carrier
Transamerica
Insurance Carrier
MetLife
Insurance Carrier
Axa Equitable
Insurance Advisor/Broker
Hanys Benefit Services
Recordkeeper
Transamerica
Investment Adviser
Rocaton Investment Associates
Auditor
Ernst & Young

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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