St Vincent Charity Medical Center401(k)
ST. VINCENT CHARITY MEDICAL CENTER RETIREMENT SAVINGS PLAN · CLEVELAND, OH · plan year 2022
St Vincent Charity Medical Center's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $71,424,003 across 1,756 participant accounts, with employer contributions averaging $14,227 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio rose from 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 482nd-largest of 3,295 plans among Ohio employers on file, and the 1,421st of 11,911 in health care & social assistance. In 2022, employees put in $1.42 for every $1.00 the employer contributed.
St Vincent Charity Medical Center's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 340714756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.