Plan Snapshot
- Plan Sponsor: Salem Community Hospital
- Sponsor EIN: 341041385
- Sponsor Address: 1995 E STATE ST, SALEM, OH, 444602423
- Plan Type: DB
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $0 | $0 |
| 2022 | 0 | $41,779 | $4.2M | $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 |
|---|---|---|---|---|
| TOWERS WATSON | Actuary | $531,359 | — | $531,359 |
| FARMERS TRUST | Recordkeeper | $18,068 | — | $18,068 |
| HACK, STEER AND ASSOCIATES | Other Service Provider | $8,010 | — | $8,010 |
| INDEPENDENT INSURANCE ANALYSTS LLC | Other Service Provider | $7,500 | — | $7,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $564,937
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 |
|---|---|---|---|---|---|
| 2023 | — | — | — | — | — |
| 2022 | $602,073 | — | $18,068 | — | $546,869 |