Plan Snapshot
- Plan Sponsor: Promedica Health System, INC.
- Sponsor EIN: 341517671
- Sponsor Address: 100 MADISON AVENUE, TOLEDO, OH, 43604
- Plan Type: 401(k)
- Total Participants: 18,261
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 18,261 | $1.3B | $28.0M | $69.3M |
| 2023 | 17,786 | $1.2B | $29.0M | $64.5M |
| 2022 | 17,938 | $1.1B | $32.8M | $63.5M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $21,750 | — | $21,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,750
- Estimated Expense Ratio: 0.002% 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 | $1,653,889 | $606,456 | $2,100 | $21,750 | — |
| 2023 | $811,950 | $192,746 | $2,100 | $23,690 | — |
| 2022 | $1,022,636 | $114,436 | $881,304 | — | $26,896 |