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AtlantiCare
AtlantiCare Health System, Inc. Pension Plan was established in 1972. The health system itself dates to 1993 and operates facilities across Atlantic County,...
AtlantiCare
AtlantiCare Health System, Inc. Pension Plan was established in 1972. The health system itself dates to 1993 and operates facilities across Atlantic County, New Jersey. The plan allocates 2.02 percent to private equity. Public market holdings consist of 66 percent equity funds and 34 percent fixed income funds as of December 31, 2023. A $39.3 million group annuity contract was purchased in 2022 to transfer participant accounts as part of a de-risking effort. The geographic focus remains southeastern New Jersey. The system employs investment advisor SEI Investments. It maintains the AtlantiCare Foundation, established in 1977, which reported giving between $1 million and $3.1 million in recent periods. In May 2024 the foundation sponsored the Century Club Gala focused on behavioral health services. The pension plan sits within a health system that regained full independence from Geisinger Health System in 2020 after a five-year corporate membership period.
General information
Firm type
Pension Fund
Year founded
1972
Location
Region
North America
Country
United States
City
Atlantic City
Corporate office
ATLANTICARE HEALTH PARK 2500 ENGLISH CREEK AVENUE, BLDG. C, Atlantic City, NJ 08401, United States
Principals
Michael J. Charlton
President and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at AtlantiCare?
Michael J. Charlton serves as President and CEO. SEI Investments acts as the named investment advisor for the pension plan.
What asset classes does the AtlantiCare pension plan hold?
The plan holds public equity funds, fixed income funds, and a 2.02 percent allocation to private equity. A group annuity contract was added in 2022.
How is AtlantiCare structured relative to its pension plan?
The pension plan is sponsored by AtlantiCare Health System, Inc. It covers employees aged 21 and older with one year of service.
Does AtlantiCare participate in private equity funds or direct deals?
The plan reports exposure to alternative investment private equity funds as a limited partner.
What recent operational events has AtlantiCare reported?
In May 2024 the AtlantiCare Foundation sponsored the Century Club Gala. In April 2024 the system sponsored Vision 2030 events on regional healthcare expansion.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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