Plan Snapshot
- Plan Sponsor: Akron General Medical Center
- Sponsor EIN: 340714478
- Sponsor Address: 1 AKRON GENERAL AVENUE, AKRON, OH, 44307
- Plan Type: DB
- Total Participants: 717
- Total Assets: $143.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 717 | $143.1M | $166,000 | $0 |
| 2023 | 762 | $150.9M | $1.0M | $0 |
| 2022 | 818 | $151.4M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $15,712 | — | $15,712 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,712
- Estimated Expense Ratio: 0.011% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $489,433 | — | $100,398 | $15,712 | — |
| 2023 | $481,897 | — | $121,012 | $15,330 | — |
| 2022 | $482,806 | $39,099 | $108,571 | — | — |