2023 Form 5500 filing — Southwest Matching Defined Contribution Retirement 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 20241003064419NAL0010106321001) for Southwest Matching Defined Contribution Retirement Plan, reported by Southwest Community Health System under EIN 34-1455141 and plan number 002. It reports 3,414 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003064419NAL0010106321001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southwest Community Health System
- EIN
- 34-1455141
- Plan number
- 002
- Location
- Middleburg Heights, OH
- Participants
- 3,414
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $222,379,842
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $222,379,842
- Employer contributions
- $7,161,600
- Participant contributions
- $11,442,946
- Total income / additions
- $50,008,921
- Benefits paid
- $16,135,335
- Administrative expenses
- $435,294
- Total expenses
- $16,570,174
- Net increase / (decrease)
- $33,438,747
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $435,294 | $13,105 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $60,000 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |