# SantaFe HealthCare, Inc. Pension Plan

SantaFe HealthCare, Inc. Pension Plan is a Pension Fund based in Gainesville, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Gainesville, United States
- **Region:** North America
- **Address:** Gainesville, FL, United States
- **Founded:** 1987
- **Assets under management:** Undisclosed
- **Website:** http://www.santafehealthcarefl.org
- **LinkedIn:** https://www.linkedin.com/company/santafe-healthcare-inc

## Regulatory record

- **Reports private funds:** No

## About

The SantaFe HealthCare, Inc. Pension Plan operates as a frozen corporate defined-benefit plan sponsored by the not-for-profit health system serving North Central Florida. As a frozen plan, no additional benefit accruals have been credited since the last plan year of active service, locking the participant base — primarily former hospital and clinical staff — into a fixed liability stream. The sponsor, SantaFe HealthCare, traces its roots to the 1920s as a tuberculosis sanatorium and now operates AvMed Health Plans and Haven Hospice, making the pension an instrument of a multi-entity healthcare system that serves both Medicare and commercial populations across Florida. The plan's investment strategy is dictated by its frozen status: asset-liability matching governs allocation rather than aggressive return-seeking. The plan does not announce direct investments, venture commitments, or co-investment activity, consistent with a mature liability-hedging mandate. Geographic exposure is overwhelmingly domestic, concentrated in US Treasury and agency securities, corporate bonds, and US public equities. The plan reports as a single-employer defined-benefit fund, filing annually with the Department of Labor via Form 5500. While specific AUM and participant counts are not publicly disclosed by the sponsor, frozen hospital-system pension plans of this vintage in Florida typically manage assets between $50 million and $250 million, with participant counts in the low thousands (Altss estimate). The plan maintains no known separate legal structure, foundation, or co-investment vehicle, operating solely within the ERISA framework as part of the parent health system's balance sheet. Structurally, the plan's most salient feature is its frozen status. Unlike open DB plans that continually reshape their liability profile as new workers join, this plan operates with a known, declining liability curve — every year the funded-status math gets simpler as benefits are paid out and mortality assumptions tighten. For an institutional allocator, this means the plan's capital calls and allocation changes are predictable, driven by de-risking glidepaths and PBGC premium optimization rather than manager conviction shifts.

## Questions

### What is the current funding status and investment posture of the SantaFe HealthCare Pension Plan?

As a frozen plan, the SantaFe HealthCare, Inc. Pension Plan is managed on a liability-driven investment (LDI) basis, prioritizing asset-liability matching over growth. The plan's frozen status means no new benefit accruals are made, concentrating the portfolio in long-duration fixed income with smaller allocations to return-seeking assets like public equities. The specific funded ratio is reported annually via Form 5500 filed with the Department of Labor, which provides the plan's actuarial assets versus projected benefit obligations.

### What is the relationship between SantaFe HealthCare, Inc. and the sponsoring health system?

SantaFe HealthCare, Inc. is a not-for-profit healthcare organization headquartered in Gainesville, Florida, that operates AvMed Health Plans and Haven Hospice, among other entities. The pension plan is a direct obligation of the corporation, covering employees who earned benefits prior to the plan's freeze. The system's origins date to the 1920s when it was established as a tuberculosis sanitarium, and it has since evolved into a regional managed-care and hospice provider.

### Is the SantaFe HealthCare Pension Plan subject to ERISA and PBGC oversight?

Yes, as a single-employer defined-benefit plan sponsored by a private not-for-profit corporation, it is governed by ERISA and covered by the Pension Benefit Guaranty Corporation. The plan files an annual Form 5500 that details its financial position, investment allocations, and participant count. The PBGC coverage provides a federal backstop for participants' vested benefits within statutory limits, which influences the plan's risk management and premium calculations.

## Related profiles

- [Santa Clara Valley Transportation Authority OPEB Trust Fund](https://altss.com/profile/santa-clara-valley-transportation-authority-opeb-trust-fund)
- [Santander](https://altss.com/profile/santander)

---

Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/santafe-healthcare-inc-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology