Summa Akron City and St. Thomas Hospitals
63
Plan:
10
63
78
0
10
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60
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100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (63) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $54,800 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 Hospitals Tax Sheltered Annuity Program is a defined contribution plan. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Investment Menu Quality. Summa Health System Hospitals Tax Sheltered Annuity Program currently has over 10,500 active participants and over $269.6M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 2090
Akron, OH 44309 |
| Industry | Health Care and Social Assistance |
| Administrator | Nino Ciraldo |
| Net Plan Assets | $270,000,000 |
| Total Participants | 11,000 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| The Childrens Hospital | 65.9 |
| HealthEast Care System | 65.0 |
| Children's Healthcare of Atlanta | 64.7 |
| Presbyterian Healthcare Services | 63.6 |
| WakeMed | 61.1 |
| Crozer-Keystone Health System | 60.5 |
Top 3 Funds in this 403b
| 1. | Fidelity Freedom 2020 | 10% |
| 2. | Fidelity Freedom 2030 | 7% |
| 3. | Principal Fixed Income Account | 6% |
Plan Service Providers
| Insurance Carrier | Great-West Life |
| Insurance Carrier | Hartford |
| Insurance Carrier | ING |
| Insurance Carrier | Lincoln Financial |
| Insurance Carrier | Principal Financial Group |
| Insurance Advisor/Broker | Daniel Jacobs |
| Insurance Advisor/Broker | Ross Croucher |
| Insurance Advisor/Broker | Fidelity |
| Administration | Lincoln Financial |
| Auditor | SS&G Financial Services, Inc. |
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