| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan |
The following people participate in a Supplemental Executive Retirement Plan (SERP) which is part of the terms and conditions of their employment contracts with Ochsner Health System and Ochsner Clinic Foundation and is based on a targeted replacement of a set percentage of their salary at age 65. The SERP is classified as a Supplemental Non-Qualified Retirement Plan. This benefit is funded in a Trust Account with Capital One Bank. Following is a list of participants, any distributions made in 2015 and the increase in actuarial value during 2015, which is included within Schedule J, Part II, Column C. * Warner Thomas, President and Chief Executive Officer; no distribution; increase in actuarial value of $311,126 * Patrick Quinlan, M.D., Former Chief Executive Officer; no distribution; no increase in actuarial value * Michael Hulefeld, Executive Vice President and Chief Operating Officer; no distribution; increase in actuarial value of $125,221 * Peter November, Secretary, Executive Vice President, and Chief Administrative Officer; no distribution; increase in actuarial value of $116,441 * Scott Posecai, Executive Vice President and Chief Financial Officer; no distribution; increase in actuarial value of $198,697 * Bobby Brannon, Executive Vice President and Treasurer; no distribution; no increase in actuarial value Joseph Bisordi, M.D., Executive Vice President and Chief Medical Officer, participates in a Non-Qualified supplemental plan which is part of the terms and conditions of his employment contract with Ochsner Health System. The retirement calculation is a defined amount as a percent of base pay, calculated annually, and is earned in two vesting periods, one on March 31, 2013, age 63, and one following age 67 on September 18, 2016. This benefit is funded in a Trust Account with Capital One Bank. There was no distribution in 2015. The increase in actuarial value was $75,000. The following people participate in a 457(f) non-qualified, unfunded, deferred compensation plan, which was established in 2010. The Plan allows for discretionary initial contributions, vesting begins at age 55. The most recent three years are subject to forfeiture until the attainment of age 65. Annual fixed contributions are individually based and are targeted to replace the benefit that would have been received from the frozen Ochsner Clinic Retirement Plan had the plan continued until the participant attained age 65. The contribution is offset by actual retirement benefit and benefit received in the OCF 401(k) Plan. Following is a list of participants, any distributions made in 2014 and the increase in actuarial value during 2014, which is included within Schedule J, Part II, Column C. * Pedro Cazabon, MD; Board Member/Senior Physician & Assoc. Medical Director-N.O. Reg; no distribution; increase in actuarial value: $5,304 * F Ralph Dauterive, MD; Board Member/Senior Physician & VPMA; Distribution: $20,709; increase in actuarial value: $17,890 * Steven B Deitelzweig, MD; Sr Physician, Svc Line Ldr, Hospital Med; no distribution; increase in actuarial value: $5,855 * Richard D Guthrie, Jr, MD; Chief Quality Officer; no distribution; increase in actuarial value: $5,872 * Deryk G Jones, MD; Sr Physician, Section Head, Sports Medicine; no distribution; increase in actuarial value: $3,315 * Dennis Kay, MD; Board Member/Senior Physician & Service Line Leader; Distribution: $24,139; increase in actuarial value: $20,852 * Yvens G Laborde, MD; Reg Med Dir, WB Reg; no distribution; increase in actuarial value: $7,049 * George Loss, MD, PhD; Board Member/Senior Physician & Assoc. Medical Director-N.O. Reg; no distribution; increase in actuarial value: $3,415 * Jose Mena, MD; Sr Physician; Distribution: $8,511; increase in actuarial value: $7,352 * Richard V Milani, MD; Board Member/Senior Physician & Chief Clinical Transformation Officer; Distribution: $24,744; increase in actuarial value: $21,375 * Dawn Puente, MD; RMD, NO Comm Hosp; Distribution: $9,213; increase in actuarial value: $7,959 * Dana Smetherman, MD; Board Member/Senior Physician & Vice Chair; no distribution; increase in actuarial value: $6,518 * David E Taylor, MD; Board Member/Senior Physician & Chair; no distribution; increase in actuarial value: $4,542 The following people participate in a 457(f) non-qualified, unfunded, deferred compensation plan, which was adopted in 2013. The Plan allows for discretionary initial contributions, subject to a two-year vesting requirement; annual fixed contributions based on a percent of base pay and subject to a three-year vesting requirement; and annual discretionary contributions based on a percent of base pay or a flat-dollar amount and subject to a three-year vesting requirement. Following is a list of participants, any distributions made in 2015 and the increase in actuarial value during 2015, which is included within Schedule J, Part II, Column C. * Bradley Goodson; CEO Northshore Region; no distribution; no increase in actuarial value * Richard D Guthrie, Jr, MD; Chief Quality Officer; Distribution: $25,450; increase in actuarial value: $25,450 * Robert Hart, MD; Reg Med Dir, B.R. Reg; Distribution: $25,450; increase in actuarial value: $25,450 * Yvens G Laborde, MD; Reg Med Dir, WB Reg; no distribution; no increase in actuarial value * J Eric McMillen; CEO, Baton Rouge Region; no distribution; no increase in actuarial value * Richard V Milani, MD; Board Member/Senior Physician & Chief Clinical Transformation Officer; Distribution: $25,450; increase in actuarial value: $25,450 * Peter November; Secretary Exec VP CAO; Distribution: $50,900; increase in actuarial value: $50,900 * William W Pinsky, MD; Exec VP/Chief Academic Officer; Distribution: $32,161; increase in actuarial value: $32,161 * Dawn Puente, MD; RMD, NO Comm Hosp; no distribution; no increase in actuarial value * Beth E Walker; COO OMC-Jeff Hwy; no distribution; no increase in actuarial value * Robert Wolterman; CEO OMC-Jeff Hwy; Distribution: $25,450; increase in actuarial value: $25,450 |