2023 Form 5500 filing — Summa Health 403(B) Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015085704NAL0016017011001) for Summa Health 403(B) Retirement Savings Plan, reported by Summa Health under EIN 34-1887844 and plan number 003. It reports 7,825 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015085704NAL0016017011001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Summa Health
- EIN
- 34-1887844
- Plan number
- 003
- Location
- Akron, OH
- Participants
- 7,825
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $768,498,901
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $768,498,901
- Employer contributions
- $4,386,092
- Participant contributions
- $37,017,985
- Total income / additions
- $183,427,927
- Benefits paid
- $70,538,630
- Administrative expenses
- $545,451
- Total expenses
- $71,084,081
- Net increase / (decrease)
- $112,343,846
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $123,357 | not reported in the loaded dataset |
| Highland Consulting Associates, Inc | CONSULTANT | $100,000 | not reported in the loaded dataset |
| Na | PLAN ADMINISTRATOR | $30 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$883,088 | $0 |