Plan Snapshot
- Plan Sponsor: Salem Community Hospital
- Sponsor EIN: 341041385
- Sponsor Address: 1995 EAST STATE STREET, SALEM, OH, 44460
- Plan Type: 403(b)
- Total Participants: 351
- Total Assets: $34.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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 | 351 | $34.6M | $927,494 | $2.0M |
| 2023 | 377 | $30.0M | $892,935 | $2.0M |
| 2022 | 464 | $24.7M | $889,969 | $1.9M |
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 |
|---|---|---|---|---|
| SCHROEDEL, SCULLIN & BESTIC, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHROEDEL, SCULLIN & BESTIC, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $94,627 | $47,195 | $47,432 | — | — |
| 2023 | $86,733 | $39,246 | $47,487 | — | — |
| 2022 | $79,151 | $32,009 | $47,142 | — | — |