Plan Snapshot
- Plan Sponsor: Chs/Community Health Systems, INC
- Sponsor EIN: 760137985
- Sponsor Address: 4000 MERIDIAN BLVD, FRANKLIN, TN, 370676325
- Plan Type: 401(k)
- Total Participants: 59,277
- Total Assets: $4.8B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 59,277 | $4.8B | $62.5M | $286.2M |
| 2023 | 59,241 | $4.5B | $61.9M | $281.5M |
| 2022 | 61,920 | $4.0B | $68.8M | $277.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $4,729,967 | $24,543 | $4,754,510 |
| LPL FINANCIAL LLC - RPCP | INVESTMENT ADVISORY | $187,266 | $4,734 | $192,000 |
| EDELMAN FINANCIAL ENGINES, LLC | INV ADV, PARTICIPANTS | $184,154 | — | $184,154 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,130,664
- Estimated Expense Ratio: 0.107% 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 | $5,101,387 | $371,420 | $4,729,967 | — | — |
| 2023 | $4,898,106 | $187,289 | $4,710,317 | — | — |
| 2022 | $4,777,486 | $188,061 | $4,589,425 | — | — |