Defined Benefit (Pension) · DOL Form 5500 · 2022
Promedica Health System, Inc. Pension Plan
Data updated 2026-08-11
- $14M
- Total assets
- 5,047
- Participants
- 72nd
- Percentile by assets
- $2,840
- Avg per participant
Official DOL plan name: Promedica Health System, Inc. Cash Balance Retirement Plan · Sponsored by Promedica Health System, Inc. · Ohio · Healthcare & Social Assistance
$14M in assets, 5,047 participants
Promedica Health System, Inc.'s Promedica Health System, Inc. Cash Balance Retirement Plan reported $14M in total assets and 5,047 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 72nd percentile by assets (of 139,126 plans)
- #15,307 in Healthcare & Social Assistance (20,060 peers)
Coverage in Ohio
Promedica Health System, Inc. Cash Balance Retirement Plan covers 5,047 participants in Ohio, 6.6x the typical Ohio plan (state average ~765 per filing). Assets: $14M.
- $14M
- total plan assets (2022 EOY)
- 5,047
- covered participants
- 72nd
- percentile by assets (of 139,126 plans)
- $2,840
- avg assets per participant
The plan reported a net loss of $502M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. Promedica Health System, Inc. Cash Balance Retirement Plan reports 5,047 participants - 6.6x that state average ($14M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $516M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | -$502M |
| Employer EIN | 341517671 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Promedica Health System, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 25,753 | $1.2B |
| 2023 | 2 | 21,085 | $1.4B |
| 2024 | 2 | 20,595 | $1.5B |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Promedica Health System, Inc. Cash Balance Retirement Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Firstenergy Corp. Master Pension Plan $7.6B · 12,346
- Nationwide Retirement Plan $5.0B · 22,597
- American Electric Power System Retirement Plan $4.5B · 15,837
- Ohio Operating Engineers Pension Plan $3.4B · 9,749
- Laborers District Council & Contractors Pension Fund of Ohio $2.6B · 13,583
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Promedica Health System, Inc. Cash Balance Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Promedica Health System, Inc. Cash Balance Retirement Plan assets move in 2022? ▼
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Filing takeaways
Ways to act on Promedica Health System, Inc. Cash Balance Retirement Plan's numbers.
- By total assets, Promedica Health System, Inc. Cash Balance Retirement Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Ohio. Compare plans
- Promedica Health System, Inc.'s sponsor-wide assets have grown 23.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans