Summa Health 403(b) match, vesting and fees
What Summa Health's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 218 defined-contribution plans in health care and social assistance with 5,000 to 9,999 participants.
| Summa Health: employer contribution per participant | $632 | |
| Peer median | $1,895 |
| Summa Health: average balance | $106,391 | |
| Peer median | $71,034 |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $820M at the end of plan year 2021 to $855M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 8,038 | $855M | $5.1M | $632 | — | Not published | Form 5500 ↗ |
| 2023 | 7,826 | $768M | $4.4M | $560 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 7,825 | $656M | $10.8M | $1,386 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 7,704 | $820M | $10M | $1,295 | 0.06% | Not published | Form 5500 ↗ |
Other Summa Health plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Summa Health Retirement Income Plan and Trust
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Equitable | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Summa Health match 401(k) contributions?
The match terms for the Summa Health 403(b) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $5.1M in employer contributions, about $632 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Summa Health 401(k) match vested?
The vesting schedule for the Summa Health 403(b) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Summa Health 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Summa Health.
I left Summa Health. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Summa Health, (234) 312-5867) or the recordkeeper, Fidelity Investments Institutional. The Summa Health old 401(k) page lists the contacts from every plan filing. Find an old Summa Health 401(k)
Data from the public Form 5500 annual reports Summa Health filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Summa Health. Not financial advice. Report a correction · Methodology