Georgia › Health care and social assistance › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Emory Healthcare, Inc. Retirement Plan
Sponsored by Emory Healthcare, Inc., Atlanta, 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.
Emory Healthcare, Inc. Retirement Plan is a defined benefit pension plan sponsored by Emory Healthcare, Inc. of Atlanta, Georgia. For the plan year ending 31 Dec 2024 it reported 6,637 participants, 2,981 of them active, and net assets of $261M.
Net assets came to $39,306 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.
Employer contributions were $556K for the year ($186 per active participant) and benefits paid were $14.0M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 8 service provider organisations paid $5,000 or more, with reported compensation of $999K: $151 per participant, well below the same-size median of $232. Administrative expenses charged to the plan were $4.1M. 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 $261M in 2022 to $261M in 2024 (unchanged), and participants from 6,772 to 6,637 (down 2%).
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 | $39,306 | $87,623 | $62,049 | $86,221 |
| Employer contributions per active participant | $186 | $9,468 | $7,491 | $10,244 |
| Schedule C compensation per participant | $151 | $232 | $248 | $344 |
| Schedule C compensation, share of net assets | 0.38% | 0.30% | 0.39% | 0.42% |
| Administrative expenses per participant | $615 | $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 | 6,637 | $261M | $39,306 | $556K | — | $999K |
| 2023 | 6,704 | $272M | $40,502 | — | — | $0 |
| 2022 | 6,772 | $261M | $38,516 | $0 | $0 | $0 |
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$271,527,085
- Employer contributions$555,629
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$555,629
- Total income, including investment results$7,474,789
- Benefits paid$14,044,324
- Administrative expenses$4,083,946
- Total expenses$18,128,270
- Net income−$10,653,481
- Net transfers$0
- Net assets, end of year$260,873,604
Participants
- Active participants2,981
- Retired or separated, receiving benefits2,239
- Retired or separated, entitled to future benefits1,358
- Total participants, end of year6,637
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Nepc, LLC | Investment management | $296,680 | $0 |
| CBIZ Tax and Advisory Services | Account maintenance fees | $275,315 | $0 |
| Mercer Consulting Group LLC | Actuarial | $184,598 | $0 |
| The Bank of New York Mellon | Custodial (other than securities) | $107,395 | $0 |
| BlackRock Institutional Trust | Investment management | $71,739 | $0 |
| Frazier & Deeter LLC | Accounting (including auditing) | $30,000 | $0 |
| State Street Bank and Trust | Investment management | $17,048 | $0 |
| Wellington Trust Company NA | Investment management | $16,474 | $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$3,026,412
- Investment advisory and management fees$401,941
- Contract administrator fees$275,315
- Actuarial fees$184,598
- Trustee and custodial fees$107,395
- Legal fees$46,957
- IQPA audit fees$30,000
- Other trustee fees and expenses$11,328
- Total administrative expenses$4,083,946
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.
- Common/collective trusts$169M · 64.9%
- Master trust investment accounts$45.9M · 17.6%
- Partnership/joint venture interests$43.2M · 16.6%
- Cash (interest and non-interest bearing)$1.6M · 0.6%
- Receivables$560K · 0.2%
- Other investments$245K · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmFrazier & Deeter
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- 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 related1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of Emory Healthcare, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Emory Healthcare, Inc. Retirement Savings and Matching Plan | 49,944 | $2.77B |
Similar plans in Georgia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Wellstar Health System, Inc. Active Employees Retirement Plan B | Wellstar Health System, Inc. | 18,563 | $620M | $33,394 |
| Gwinnett Hospital System, Inc. Retirement Plan | Northside Hospital, Inc. | 3,907 | $215M | $55,080 |
| Wellstar Health System, Inc. Pension Plan | Wellstar Health System, Inc. | 21,242 | $1.50B | $70,490 |
| The Retirement Plan of Central Georgia Health Systems, Inc. | Navicent Health, Inc. | 3,255 | $276M | $84,728 |
| Northside Hospital, Inc. Pension Plan | Northside Hospital, Inc. | 30,805 | $1.68B | $54,686 |
| 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 Emory Healthcare, Inc. Retirement Plan?
6,637 participants at the end of the plan year ending 31 Dec 2024, of whom 2,981 were active employees, with net assets of $260,873,604. 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 Emory Healthcare, Inc. contribute per participant?
The filing reports $555,629 in employer contributions for the year, which is $186 per active participant; the median for plans of the same type and size was $9,468 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $999,249 in compensation to service provider organisations, $151 per participant or 0.38% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $4,083,946. 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 Emory Healthcare, Inc.. Investment advisory or management: Nepc, LLC, BlackRock Institutional Trust and State Street Bank and Trust. Trustee or custodian: The Bank of New York Mellon. The financial statements were audited by Frazier & Deeter. 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 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 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 58-2137993, plan 003, received 14 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.