Summa Health 403(B) Retirement Savings Plan — Form 5500 plan (Summa Health)
Plain-English plan 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, Summa Health 403(B) Retirement Savings Plan is a benefit plan reported by Summa Health under EIN 34-1887844 and plan number 003. The latest loaded filing year is 2023. The filing reports 7,825 participants and $768,498,901 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Summa Health
- EIN
- 34-1887844
- Plan number
- 003
- Plan type
- 2
- Location
- Akron, OH
- Latest filing year
- 2023
- Participants
- 7,825
- End-of-year plan assets
- $768,498,901
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,825 | H, C | 20241015085704NAL0016017011001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $768,498,901
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $768,498,901
- Net assets (BOY)
- $656,155,055
Income & contributions
- Employer contributions
- $4,386,092
- Participant contributions
- $37,017,985
- Total contributions
- $45,118,809
- Total income / additions
- $183,427,927
Expenses & distributions
- Benefits paid
- $70,538,630
- Administrative expenses
- $545,451
- Total expenses
- $71,084,081
- Net increase / (decrease)
- $112,343,846
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $123,357 | not reported in the loaded dataset | 2023 |
| Highland Consulting Associates, Inc | CONSULTANT | $100,000 | not reported in the loaded dataset | 2023 |
| Na | PLAN ADMINISTRATOR | $30 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$883,088 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Summa Health
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Akron, OH
- Strategic Advisors, Inc. — Schedule C compensation
- Highland Consulting Associates, Inc — Schedule C compensation
- Na — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation