Southwest Matching Defined Contribution Retirement Plan — Form 5500 plan (Southwest Community Health System)
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, Southwest Matching Defined Contribution Retirement Plan is a benefit plan reported by Southwest Community Health System under EIN 34-1455141 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,414 participants and $222,379,842 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southwest Community Health System
- EIN
- 34-1455141
- Plan number
- 002
- Plan type
- 2
- Location
- Middleburg Heights, OH
- Latest filing year
- 2023
- Participants
- 3,414
- End-of-year plan assets
- $222,379,842
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,414 | H, C | 20241003064419NAL0010106321001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $222,379,842
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $222,379,842
- Net assets (BOY)
- $188,941,095
Income & contributions
- Employer contributions
- $7,161,600
- Participant contributions
- $11,442,946
- Total contributions
- $19,796,819
- Total income / additions
- $50,008,921
Expenses & distributions
- Benefits paid
- $16,135,335
- Administrative expenses
- $435,294
- Total expenses
- $16,570,174
- Net increase / (decrease)
- $33,438,747
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $435,294 | $13,105 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $60,000 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Southwest Community Health System
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Middleburg Heights, OH
- Principal Life Insurance Company — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation