Plan Snapshot
- Plan Sponsor: Corewell Health
- Sponsor EIN: 383382353
- Sponsor Address: 100 MICHIGAN ST. NE, GRAND RAPIDS, MI, 49503
- Plan Type: DB
- Total Participants: 2,032
- Total Assets: $229.3M
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. |
|---|---|---|---|---|
| 2024 | 2,032 | $229.3M | $0 | $0 |
| 2023 | 2,186 | $239.0M | $0 | $0 |
| 2022 | 2,362 | $238.2M | $0 | $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 |
|---|---|---|---|---|
| DELOITTE CONSULTING LLP | Other Service Provider | $681,879 | — | $681,879 |
| PIMCO | Other Service Provider | $329,901 | — | $329,901 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $299,891 | — | $299,891 |
| SPECTRUM HEALTH SYSTEM | Other Service Provider | $181,416 | — | $181,416 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $106,936 | — | $106,936 |
| MERCER INVESTMENTS LLC | Other Service Provider | $50,000 | — | $50,000 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $39,154 | — | $39,154 |
| WCM INVESTMENT MANAGEMENT, LLC | Other Service Provider | $32,331 | — | $32,331 |
| WILLIS TOWER WATSON | Recordkeeper | $28,256 | — | $28,256 |
| GEORGE JOHNSON & COMPANY | Auditor | $17,900 | — | $17,900 |
| DELOITTE TAX LLP | Other Service Provider | $10,206 | — | $10,206 |
| FOREMOST GRAPHICS, LLC | Other Service Provider | $5,961 | — | $5,961 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWER WATSON — Recordkeeper
- GEORGE JOHNSON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,783,831
- Estimated Expense Ratio: 0.778% 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 | $2,014,656 | $663,127 | — | $19,150 | — |
| 2023 | $1,882,848 | $596,235 | — | $18,700 | — |
| 2022 | $2,295,374 | $651,322 | — | — | $788,824 |