Providence St. Joseph Health

Plan nameProvidence St. Joseph Health
LocationRenton, Washington
Asset size$269mm
# of participants4,800
Business Category Health Care
Participation Rate93.4%
Avg Deferral Rate8.8%
# of Funds Offered14
Investment ReviewQuarterly
True-up FeatureYes
Match Vesting PeriodImmediately upon enrollment
Default Deferral Rate6%
Default InvestmentCIT TDF (Index)
Systematic WithdrawalsYes
Fee EqualizationYes
Match Rate50% of first 3-6%
% Receiving Full Match81%
Max Employer Contribution4.5%–9%
Financial Education 
   Investing strategiesYes
   Tax/Estate planning
   College savingYes
   Credit/Debt mgmtYes
   Retiree health costs/savings optionsYes
Recordkeeper:Fidelity Investments
Requalified plan
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
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