Spectrum Health System 403(B) Plan — Form 5500 plan (Corewell 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, Spectrum Health System 403(B) Plan is a benefit plan reported by Corewell Health under EIN 38-3382353 and plan number 002. The latest loaded filing year is 2023. The filing reports 39,287 participants and $2,824,830,226 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Corewell Health
- EIN
- 38-3382353
- Plan number
- 002
- Plan type
- 2
- Location
- Grand Rapids, MI
- Latest filing year
- 2023
- Participants
- 39,287
- End-of-year plan assets
- $2,824,830,226
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 39,287 | H, C | 20241015111112NAL0029359057003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,824,830,226
- Net assets (EOY)
- $2,824,830,226
- Net assets (BOY)
- $2,344,635,620
Income & contributions
- Employer contributions
- $90,002,575
- Participant contributions
- $147,658,821
- Total contributions
- $327,418,876
- Total income / additions
- $683,350,076
Expenses & distributions
- Benefits paid
- $201,837,395
- Administrative expenses
- $1,084,551
- Total expenses
- $203,155,470
- Net increase / (decrease)
- $480,194,606
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $649,170 | $0 | 2023 |
| Stifel Nicolaus & Co. Inc. | CONSULTANT | $430,111 | not reported in the loaded dataset | 2023 |
| Plante & Moran Pllc | AUDITOR | $21,800 | not reported in the loaded dataset | 2023 |
| Miller Johnson Snell Cummiskey | ATTORNEY | $6,923 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Corewell Health
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Grand Rapids, MI
- Empower Annuity Insurance Company — Schedule C compensation
- Stifel Nicolaus & Co. Inc. — Schedule C compensation
- Plante & Moran Pllc — Schedule C compensation
- Miller Johnson Snell Cummiskey — Schedule C compensation