Maryland › Health care and social assistance › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Johns Hopkins Bayview Medical Center,inc. Represen Employees Pension Plan
Sponsored by Johns Hopkins Bayview Medical Center,inc Represented Employees Pension, Baltimore, MD
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Johns Hopkins Bayview Medical Center,inc Represented Employees Pension of Baltimore, Maryland sponsors Johns Hopkins Bayview Medical Center,inc. Represen Employees Pension Plan, a cash balance pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 809 participants (351 active) and $31.2M in net assets.
Net assets came to $38,550 per participant, well below the $86,583 median for defined benefit plans with 500 to 999 participants and well below the $62,049 median for defined benefit plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $135K: $167 per participant, well below the same-size median of $377. Administrative expenses charged to the plan were $217K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $38,550 | $86,583 | $62,049 | $86,221 |
| Employer contributions per active participant | — | $10,758 | $7,491 | $10,244 |
| Schedule C compensation per participant | $167 | $377 | $248 | $344 |
| Schedule C compensation, share of net assets | 0.43% | 0.48% | 0.39% | 0.42% |
| Administrative expenses per participant | $268 | $591 | $427 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 participants (873 plans), health care and social assistance (542) and all US plans (5,308). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$31,349,017
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$1,162,136
- Benefits paid$1,107,706
- Administrative expenses$216,714
- Total expenses$1,324,420
- Net income−$162,284
- Net transfers$0
- Net assets, end of year$31,186,733
Participants
- Active participants351
- Retired or separated, receiving benefits162
- Retired or separated, entitled to future benefits282
- Total participants, end of year809
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Strategic Investment Group | Investment management; Investment advisory (plan) | $59,274 | $0 |
| Mercer Human Resource Consulting | Actuarial | $49,038 | $0 |
| SB & Company, LLC | Accounting (including auditing) | $14,535 | $0 |
| Northern Trust | Trustee (bank, trust company, or similar financial institution) | $11,883 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$79,790
- Investment advisory and management fees$59,274
- Actuarial fees$49,318
- IQPA audit fees$14,535
- Contract administrator fees$11,962
- Recordkeeping fees$1,835
- Total administrative expenses$216,714
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$31.2M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmSB & Company, LLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $20,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1CCash balance or similar plan3DPre-approved pension plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Similar plans in Maryland
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| St. Marys Hospital of St. Marys County Pension Plan and Trust | St. Marys Hospital of St. Marys County, Inc. | 815 | $42.8M | $52,539 |
| Doctors Community Hospital Cash Balance Pension Plan and Trust | Luminis Health Doctors Community Medical Center, Inc. | 685 | $16.0M | $23,289 |
| The Kennedy Krieger Institute Pension Plan | The Kennedy Krieger Institute | 833 | $48.3M | $57,999 |
| Retirement Plan for Employees of Garrett County Memorial Hospital | Garrett County Memorial Hospital (DBA Garrett Regional Medical Center) | 435 | $41.8M | $96,079 |
| Pension Plan for Members of the Bargaining Unit of Greater Baltimore Medical Center | Greater Baltimore Medical Center | 841 | $35.8M | $42,576 |
| Retirement Plan for the Employees of Hias, Inc. | Hias, Inc. | 129 | $11.3M | $87,861 |
Defined benefit plans in health care and social assistance closest in size.
Questions and answers
How big is Johns Hopkins Bayview Medical Center,inc. Represen Employees Pension Plan?
809 participants at the end of the plan year ending 31 Dec 2024, of whom 351 were active employees, with net assets of $31,186,733. Among defined benefit plans that places it in the 500 to 999 participants band, which held 873 plans in plan year 2024.
What does Johns Hopkins Bayview Medical Center,inc Represented Employees Pension contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $134,730 in compensation to service provider organisations, $167 per participant or 0.43% of net assets. The same-size median among plans reporting any Schedule C compensation was $377 per participant. Administrative expenses on Schedule H were $216,714. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Johns Hopkins Bayview Medical Center,inc Represented Employees Pension. Investment advisory or management: Strategic Investment Group. Trustee or custodian: Northern Trust. The financial statements were audited by SB & Company, LLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 9 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 52-2342890, plan 002, received 9 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.