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Company:
Summa Health System Hospitals
Plan:
Summa Health System Pension Savings Plan
 

Summa Health System Hospitals

39 Plan: Summa Health System Pension Savings Plan

 
 
39
10
53
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (39) and the top rated plan (75) could equate to:
[How is this calculated?]
15 additional years of work
Up to $229,000 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Summa Health System Pension Savings Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 39. This plan is in the top 15% of plans for Total Plan Cost. Summa Health System Pension Savings Plan currently has over 2,900 active participants and over $12.6M in plan assets.

 

 Retirement Plan Details

Address Po Box 2090
Akron, OH 44309-2090 
Industry Health Care and Social Assistance
Administrator Nino Ciraldo
Net Plan Assets $12,600,000
Total Participants 3,000
Avg Account Balance $4,200

 Top 3 Funds in this 401k

1. Fidelity Spartan 500 Index 17%
2. Fidelity Investment Grade Bond 14%
3. Fidelity Short-Intermediate Municipal Income 13%

  Plan Service Providers

Auditor SS&G Financial Services, Inc.
Recordkeeper Fidelity

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