Summa Health 401(K) 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 401(K) Retirement Savings Plan is a benefit plan reported by Summa Health under EIN 46-1145832 and plan number 001. The latest loaded filing year is 2023. The filing reports 805 participants and $57,647,163 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Summa Health
EIN
46-1145832
Plan number
001
Plan type
2
Location
Akron, OH
Latest filing year
2023
Participants
805
End-of-year plan assets
$57,647,163

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023805H, C20241011082228NAL0010727699001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$57,647,163
Total liabilities (EOY)
$0
Net assets (EOY)
$57,647,163
Net assets (BOY)
$48,505,309

Income & contributions

Employer contributions
$257,652
Participant contributions
$1,820,040
Total contributions
$2,319,369
Total income / additions
$12,788,905

Expenses & distributions

Benefits paid
$3,558,550
Administrative expenses
$85,746
Total expenses
$3,647,051
Net increase / (decrease)
$9,141,854

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$18,533not reported in the loaded dataset2023
Bdo Usa,LlpACCOUNTANT/AUDITOR$17,030not reported in the loaded dataset2023
Highland Consulting Associates, IncCONSULTANT$10,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$29,109$02023

Related Form 5500 pages