Plan Snapshot
- Plan Sponsor: University Hospitals Health System
- Sponsor EIN: 340714775
- Sponsor Address: 11100 EUCLID AVENUE, CLEVELAND, OH, 441066035
- Plan Type: 403(b)
- Total Participants: 29,885
- Total Assets: $2.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 29,885 | $2.5B | $44.1M | $157.8M |
| 2023 | 27,009 | $2.1B | $39.7M | $143.5M |
| 2022 | 26,534 | $1.7B | $37.5M | $130.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $1,734,508 | — | $1,734,508 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $91,036 | — | $91,036 |
| KPMG LLP | ERISA Attorney | $68,333 | — | $68,333 |
| SEYFARTH SHAW LLP | ERISA Attorney | $26,120 | — | $26,120 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- KPMG LLP — ERISA Attorney
- SEYFARTH SHAW LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,919,997
- Estimated Expense Ratio: 0.078% 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 | $1,918,143 | $91,036 | $12,000 | — | — |
| 2023 | $1,784,085 | $30,335 | $4,692 | $83,500 | — |
| 2022 | $1,775,409 | $104 | — | — | — |