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Benchmarking Baylor Scott & White Health Retirement Savings Plan in Dallas, TX against all plans

 

Baylor Scott & White Health Retirement Savings Plan in Dallas, TX has the 2nd-highest yield on beginning-of-plan-year total assets (-15.11%) among the 44 plans whose industry group is Hospitals. That -15.11% compares to an average of -16.82% across those 44 plans.

Beating the average of -16.82% means an extra $68,506,080 in net earnings on investments.

But it's still under the median of -14.80% and average of -13.98% across 72 plans that, like it, are in Texas.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year

Baylor Scott & White Health Retirement Savings Plan has these standings among those 44 peer plans:

  • yield on beginning-of-plan-year total assets = -15.11% (2nd-highest)

  • net earnings on investments = -$604,047,454 (14th-lowest)

  • total assets at beginning of plan year = $3,997,984,391 (12th-most)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to the plan = $73,084

  • asset transfers from the plan = $221,123

and these values provide further relevant context:

  • cash contributions from participants = $184,206,379

  • cash contributions from employers = $134,515,027

  • total contributions = $342,470,931

Visualize

 
 

Peers

Promedica Health System, Inc. 401(K) Plan in Toledo, OH is first with -14.74%.

beat Gundersen Lutheran Employees' Retirement Plan in La Crosse, WI (-15.17%), Advocate Aurora Health 401(K) Plan in Downers Grove, IL (-15.35%), CHS/Community Health Systems, Inc. Retirement Savings Plan in Franklin, TN (-15.46%), and Lifepoint Health, Inc. Retirement Plan in Brentwood, TN (-15.64%), and others, ending with Tenet Healthcare Corporation 401(K) Retirement Savings Plan in Dallas, TX (-19.31%).

References

  1. whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.