Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

St. Joseph Health Services of Rhode Island Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Stephen Del Sesto, Receiver · Rhode Island · Healthcare & Social Assistance

What the 2023 filing shows

St. Joseph Health Services of Rhode Island Retirement Plan holds $36M for N/A participants, down 22.2% over the 2023 plan year.

$36M
total plan assets (2023 EOY)
N/A
covered participants
-22.2%
assets change YoY

The plan reported a net loss of $10M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$36M
Participants
N/A
State
Industry
Healthcare & Social Assistance

What the Filing Says About St. Joseph Health Services of Rhode Island Retirement Plan

St. Joseph Health Services of Rhode Island Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Stephen Del Sesto, Receiver, headquartered in Rhode Island. As of the 2023 Form 5500 filing, the plan reports $36M in total end-of-year assets and covers N/A participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 822871833, and the plan has been effective since 1965-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $46M at the beginning of 2023 to $36M at year-end — a decline of 22.2%. Net assets (after liabilities) closed the year at $36M, with reported net income of $-10,319,223 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$46M
Total Assets (End of Year)$36M
Net Assets (End of Year)$36M
Net Income$-10,319,223
Plan TypeDefined Benefit (Pension)
Employer EIN822871833
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Stephen Del Sesto, Receiver)

Year Plans Participants Total Assets
2022 1 N/A $46M
2023 1 N/A $36M
2024 1 N/A $35M

Nearby Defined Benefit (Pension) Plans in Rhode Island

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the St. Joseph Health Services of Rhode Island Retirement Plan?
As of the 2023 Form 5500 filing, St. Joseph Health Services of Rhode Island Retirement Plan holds $36M in total assets with N/A participants. It is sponsored by Stephen Del Sesto, Receiver.
What type of plan is St. Joseph Health Services of Rhode Island Retirement Plan?
St. Joseph Health Services of Rhode Island Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1965-07-01. The plan is filed with the U.S. Department of Labor under EIN 822871833.
Who sponsors the St. Joseph Health Services of Rhode Island Retirement Plan?
St. Joseph Health Services of Rhode Island Retirement Plan is sponsored by Stephen Del Sesto, Receiver, located in Rhode Island. The sponsor's EIN is 822871833 and the plan operates in the Healthcare & Social Assistance industry.
How did St. Joseph Health Services of Rhode Island Retirement Plan perform in 2023?
St. Joseph Health Services of Rhode Island Retirement Plan declined by 22.2% during 2023, moving from $46M to $36M in total assets. Net income was $-10,319,223.
Where can I find official filings for St. Joseph Health Services of Rhode Island Retirement Plan?
Official Form 5500 filings for St. Joseph Health Services of Rhode Island Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 822871833 or plan name at efast.dol.gov.
How does St. Joseph Health Services of Rhode Island Retirement Plan compare to other plans?
You can compare St. Joseph Health Services of Rhode Island Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Rhode Island on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 822871833.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.