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Employers › Connecticut

Employer · plans filed under one EIN

Nuvance Health

Danbury, CT · Health care and social assistance

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$1.98Bnet assets across plans
17,728participant records13,011 active
$56.9Memployer contributions, latest plan years$4,370 per active record
$1.2MSchedule C compensation to organisations$67.73 per participant record

Nuvance Health, based in Danbury, Connecticut, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 17,728 participant records and $1.98B in net assets.

The largest is Nuvance Health 401(k) Retirement Savings Plan, a 401(k) plan with 13,041 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $56.9M and participant contributions $108M in the latest plan years; benefits paid were $159M. Schedule C compensation reported to service provider organisations totalled $1.2M.

Combined net assets moved from $1.63B in 2021 to $1.98B in 2024 (up 22%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Nuvance Health 401(k) Retirement Savings Plan401(k) plan202413,041$1.24B$94,876$5,476$988K
Nuvance Health 403(b) Plan (F/k/a Health Quest Systems, Inc. Tax Deferred Annuity Plan)403(b) plan20244,687$746M$159,181—$212K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2021: $1.63B2022: $1.45B2023: $1.72B2024: $1.98B$1.63B$1.98B202120222024
Combined net assets
2021: 17,1732022: 17,1482023: 17,8042024: 17,72817,17317,80417,728202120222024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
2024217,728$1.98B$56.9M$108M
2023217,804$1.72B$52.5M$97.6M
2022217,148$1.45B$49.7M$88.0M
2021217,173$1.63B$66.2M$75.8M

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Fid Inv Intl Ops Co.Participant loan processing1$763,277
Strategic Advisors, Inc.Investment advisory (plan)2$310,885
Gyl Financial SynergiesConsulting (general)2$104,474
Transamerica Retirement SolutionsClaims processing; Recordkeeping and information management; Investment management; Participant loan processing1$22,000

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Fid Inv Intl Ops Co.$763K
Strategic Advisors, Inc.$311K
Gyl Financial Synergies$104K
Transamerica Retirement Solutions$22K

Questions and answers

How many retirement plans does Nuvance Health have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Nuvance Health 401(k) Retirement Savings Plan and Nuvance Health 403(b) Plan (F/k/a Health Quest Systems, Inc. Tax Deferred Annuity Plan). Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Nuvance Health contribute to its plans?

$56,854,168 in employer contributions across these plans in their latest plan years, about $4,370 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Fid Inv Intl Ops Co., Strategic Advisors, Inc., Gyl Financial Synergies and Transamerica Retirement Solutions. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.