Plan Snapshot
- Plan Sponsor: Baptist Health System, INC.
- Sponsor EIN: 592487136
- Sponsor Address: 841 PRUDENTIAL DR, SUITE 640, JACKSONVILLE, FL, 322078202
- Plan Type: 403(b)
- Total Participants: 12,975
- Total Assets: $782.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,975 | $782.8M | $29.5M | $49.9M |
| 2023 | 9,896 | $709.7M | $25.6M | $45.1M |
| 2022 | 12,311 | $592.8M | $22.9M | $41.4M |
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 |
|---|---|---|---|---|
| VALIC RETIREMENT SERVICES COMPANY | NONE | $814,963 | — | $814,963 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $19,139 | — | $19,139 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $11,270 | — | $11,270 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $845,372
- Estimated Expense Ratio: 0.108% 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 | $845,346 | $11,270 | — | — | — |
| 2023 | $869,163 | — | $869,163 | — | — |
| 2022 | $365,717 | — | $365,717 | — | — |