Georgia › Health care and social assistance › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jul 2021 to 30 Jun 2022
Wellstar Health System, Inc. Active Employees Retirement Plan B
Sponsored by Wellstar Health System, Inc., Marietta, GA
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.
Wellstar Health System, Inc. of Marietta, Georgia sponsors Wellstar Health System, Inc. Active Employees Retirement Plan B, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Jun 2022 shows 18,563 participants (10,259 active) and $620M in net assets.
Net assets came to $33,394 per participant, well below the $87,623 median for defined benefit plans with 5,000 to 24,999 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 10 service provider organisations paid $5,000 or more, with reported compensation of $1.7M: $91.04 per participant, well below the same-size median of $232. Administrative expenses charged to the plan were $3.2M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $137M in 2019 to $620M in 2024 (up 352%), and participants from 14,559 to 18,563 (up 28%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $33,394 | $87,623 | $62,049 | $86,221 |
| Employer contributions per active participant | — | $9,468 | $7,491 | $10,244 |
| Schedule C compensation per participant | $91.04 | $232 | $248 | $344 |
| Schedule C compensation, share of net assets | 0.27% | 0.30% | 0.39% | 0.42% |
| Administrative expenses per participant | $173 | $396 | $427 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 5,000 to 24,999 participants (651 plans), health care and social assistance (542) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 18,563 | $620M | $33,394 | — | — | $1.7M |
| 2022 | 17,957 | $677M | $37,678 | — | — | $3.5M |
| 2020 | 13,683 | $264M | $19,310 | $100M | — | $2.0M |
| 2019 | 14,559 | $137M | $9,420 | $33.0M | — | $462K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$264,215,446
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results−$41,436,522
- Benefits paid$2,339,250
- Administrative expenses$3,206,817
- Total expenses$5,546,067
- Net income−$46,982,589
- Net transfers$402,660,438
- Net assets, end of year$619,893,295
Participants
- Active participants10,259
- Retired or separated, receiving benefits3,431
- Retired or separated, entitled to future benefits4,515
- Total participants, end of year18,563
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Aon | Actuarial; Recordkeeping and information management | $669,891 | $0 |
| Willis Towers Watson US LLC | Actuarial; Recordkeeping and information management | $271,767 | $0 |
| Eagle Capital | Investment management | $247,960 | $0 |
| Fiera Capital (Apex) | Investment management | $151,009 | $0 |
| Westfield | Investment management | $138,479 | $0 |
| Fci Capital | Investment management | $70,035 | $0 |
| Comerica | Trustee (bank, trust company, or similar financial institution) | $50,893 | $0 |
| Mercer | Actuarial; Recordkeeping and information management | $40,900 | $0 |
| UBS | Investment advisory (plan) | $32,847 | $0 |
| Macquarie (Delaware) | Investment management | $16,220 | $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$1,238,291
- Investment advisory and management fees$931,048
- Total administrative expenses$3,206,817
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$620M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmKPMG LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the year—
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
1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of Wellstar Health System, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Wellstar Health System, Inc. Supplemental Retirement Savings Plan | 48,753 | $2.84B |
| Wellstar Health System, Inc. Pension Plan | 21,242 | $1.50B |
Similar plans in Georgia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Wellstar Health System, Inc. Pension Plan | Wellstar Health System, Inc. | 21,242 | $1.50B | $70,490 |
| Emory Healthcare, Inc. Retirement Plan | Emory Healthcare, Inc. | 6,637 | $261M | $39,306 |
| Northside Hospital, Inc. Pension Plan | Northside Hospital, Inc. | 30,805 | $1.68B | $54,686 |
| Gwinnett Hospital System, Inc. Retirement Plan | Northside Hospital, Inc. | 3,907 | $215M | $55,080 |
| The Retirement Plan of Central Georgia Health Systems, Inc. | Navicent Health, Inc. | 3,255 | $276M | $84,728 |
| Retirement Plan for Employees of Phoebe Putney Health System, Inc. | Phoebe Putney Health System, Inc. | 2,343 | $244M | $104,315 |
Defined benefit plans in health care and social assistance closest in size.
Questions and answers
How big is Wellstar Health System, Inc. Active Employees Retirement Plan B?
18,563 participants at the end of the plan year ending 30 Jun 2022, of whom 10,259 were active employees, with net assets of $619,893,295. Among defined benefit plans that places it in the 5,000 to 24,999 participants band, which held 651 plans in plan year 2024.
What does Wellstar Health System, Inc. 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 $1,690,001 in compensation to service provider organisations, $91.04 per participant or 0.27% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $3,206,817. 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 Wellstar Health System, Inc.. Recordkeeping or administration: Aon, Willis Towers Watson US LLC and Mercer. Investment advisory or management: Eagle Capital, Fiera Capital (Apex) and Westfield. Trustee or custodian: Comerica. The financial statements were audited by KPMG LLP. 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. 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 Jul 2021 to 30 Jun 2022, received by the Department of Labor on 11 Aug 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 58-1649541, plan 005, received 11 Aug 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.