Arizona › Health care and social assistance › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
Consolidated Retirement Plan of Vitalant
Sponsored by Vitalant, Scottsdale, AZ
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.
Vitalant of Scottsdale, Arizona sponsors Consolidated Retirement Plan of Vitalant, a cash balance pension plan. Its Form 5500 for the plan year ending 30 Nov 2025 shows 2,971 participants (819 active) and $184M in net assets.
Net assets came to $61,772 per participant, well below the $87,371 median for defined benefit plans with 1,000 to 4,999 participants and close to the $61,772 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 $836K: $282 per participant, below the same-size median of $324. Administrative expenses charged to the plan were $1.6M. 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 $189M in 2017 to $184M in 2024 (down 3%), and participants from 4,010 to 2,971 (down 26%).
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 | $61,772 | $87,371 | $61,772 | $86,073 |
| Employer contributions per active participant | — | $10,551 | $7,486 | $10,170 |
| Schedule C compensation per participant | $282 | $324 | $246 | $344 |
| Schedule C compensation, share of net assets | 0.46% | 0.41% | 0.39% | 0.43% |
| Administrative expenses per participant | $530 | $513 | $429 | $526 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,558 plans), health care and social assistance (545) and all US plans (5,366). 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 | 2,971 | $184M | $61,772 | — | — | $836K |
| 2023 | 3,018 | $184M | $61,035 | $4.1M | — | $692K |
| 2022 | 3,366 | $181M | $53,786 | $8.0M | — | $765K |
| 2021 | 3,421 | $183M | $53,452 | — | — | $716K |
| 2020 | 3,464 | $219M | $63,223 | — | — | $697K |
| 2019 | 3,902 | $218M | $55,895 | $9.9M | — | $902K |
| 2017 | 4,010 | $189M | $47,044 | — | — | $1.2M |
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$184,204,530
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$13,029,811
- Benefits paid$12,135,864
- Administrative expenses$1,574,756
- Total expenses$13,710,620
- Net income−$680,809
- Net transfers$0
- Net assets, end of year$183,523,721
Participants
- Active participants819
- Retired or separated, receiving benefits722
- Retired or separated, entitled to future benefits1,360
- Total participants, end of year2,971
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Aon Consulting | Actuarial; Plan Administrator | $567,709 | $0 |
| Aon Investment USA | Investment management | $194,480 | $0 |
| BNY Mellon | Recordkeeping and information management; Consulting (general); Investment advisory (plan); Other services | $49,641 | $0 |
| Faegre Drinker Biddle & Reath LLP | Legal | $24,517 | $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$738,409
- Contract administrator fees$412,054
- Investment advisory and management fees$194,480
- Actuarial fees$155,655
- Trustee and custodial fees$49,641
- Legal fees$24,517
- Total administrative expenses$1,574,756
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$158M · 86.0%
- Partnership/joint venture interests$21.9M · 11.9%
- Registered investment companies (mutual funds)$3.9M · 2.1%
- Receivables$13K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- 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
1ABenefits are primarily pay related1CCash balance or similar plan1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 621900: Other Ambulatory Health Care Services (including ambulance services & blood & organ banks).
Other plans of Vitalant
| Plan | Participants | Net assets |
|---|---|---|
| Vitalant 401(k) Retirement Savings Plan | 5,734 | $429M |
Similar plans in Arizona
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Yuma Regional Medical Center Pension Plan | Yuma Regional Medical Center | 1,501 | $165M | $109,952 |
| Retirement Income Plan for Employees of Northern Arizona Healthcare | Northern Arizona Healthcare | 941 | $147M | $155,743 |
| Sun Health Corporation Pension Plan | Banner Health | 915 | $32.7M | $35,744 |
| Cobre Valley Community Hospital Retirement Plan for Salaried Employees | Cobre Valley Community Hospital | 216 | $9.1M | $42,102 |
Defined benefit plans in health care and social assistance closest in size.
Questions and answers
How big is Consolidated Retirement Plan of Vitalant?
2,971 participants at the end of the plan year ending 30 Nov 2025, of whom 819 were active employees, with net assets of $183,523,721. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,558 plans in plan year 2024.
What does Vitalant 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 $836,347 in compensation to service provider organisations, $282 per participant or 0.46% of net assets. The same-size median among plans reporting any Schedule C compensation was $324 per participant. Administrative expenses on Schedule H were $1,574,756. 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 Vitalant. Recordkeeping or administration: Aon Consulting and BNY Mellon. Investment advisory or management: Aon Investment USA and BNY Mellon. 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 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 15 Sep 2026. 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 Sep 2026. This page shows the latest filing on record for EIN 86-0098929, plan 010, received 15 Sep 2026; 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.