OhioHealth Names Fidelity® as Workplace Recordkeeper Service Provider to Help Employees Improve Financial Wellness and Retirement Readiness

New Relationship Leverages Fidelity’s Proven Retirement Expertise to Strengthen Workplace Retirement Savings Plans for 18,000 Employees

  • 401(k)
  • Saving for Retirement
  • 401(k)
  • 403(b)
  • 401(k)
  • Saving for Retirement
  • 401(k)
  • 403(b)
  • 401(k)
  • Saving for Retirement
  • 401(k)
  • 403(b)

BOSTON — Fidelity Investments®, the number one provider of workplace retirement plans for not-for-profit health care employers1, has been selected by OhioHealth as its retirement savings plan provider of recordkeeping services. OhioHealth, which has served its communities since 1891 through a network of hospitals, ambulatory sites and other health services, has a retirement savings plan with approximately 18,000 participants.

As part of the new relationship, Fidelity will serve as recordkeeping provider of the company's 403(b) and 401(k) plans, and will also help OhioHealth's employees maximize and manage their retirement savings benefits through a comprehensive guidance and education offering.

"At OhioHealth, our mission is to improve the health of those we serve, which includes our associates. By focusing on our associates, we equip them to provide the best possible patient care – when our people are their best, they give their best. We believe it's important to focus on all dimensions of wellbeing – physical, emotional, and financial – and to empower our associates through the latest information and innovations," said Deana Kraft, Vice President, Total Rewards and Wellness, OhioHealth. "With that in mind, we searched for a new team to partner with us to improve the financial wellbeing of our associates with an emphasis on retirement readiness. Fidelity was selected for their expertise, commitment to continually innovate, and a shared belief in overall wellbeing. We are thrilled with our partnership thus far and have already made progress toward improved associate financial health."

"The health care professionals at OhioHealth are stewards of their community's heath, and in this context, have to make tough choices each and every day. Fidelity hopes to ease their burden by helping lessen concerns they may have about their financial futures," said Rick Mitchell, executive vice president, Tax-Exempt Market, Fidelity Investments. "Through our comprehensive offerings, we offer retirement savings plans, guidance and education specifically designed for the needs of heath care professionals."

Fidelity's Services for the Tax-Exempt Market

Fidelity serves the most plan participants in the not-for-profit workplace retirement savings market, which includes health care, higher education, research, foundations, faith-based, K-12 and other tax-exempt organizations. Fidelity's comprehensive suite of workplace retirement services includes plan design resources, recordkeeping services, consulting and participant communication, education and guidance. With retirement planning professionals and an array of tools and resources to educate plan sponsors, Fidelity helps employers in the tax-exempt market maximize retirement benefits plans and increase employee retirement readiness.

About Fidelity Investments

Fidelity's goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. With assets under administration of $5.0 trillion, including managed assets of $2.0 trillion as of February 29, 2016, we focus on meeting the unique needs of a diverse set of customers: helping more than 25 million people invest their own life savings, nearly 20,000 businesses manage employee benefit programs, as well as providing nearly 10,000 advisory firms with investment and technology solutions to invest their own clients' money. Privately held for nearly 70 years, Fidelity employs 45,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about.

Our Company

Personal Investing

We provide financial planning and retirement options such as IRAs, annuities, and managed accounts; brokerage and cash management products; college savings accounts; and other financial services for millions of individual investors.

Workplace Investing

We work with employers to build benefit programs for their employees, and provide recordkeeping, investments, and servicing in defined contribution, defined benefit, health & welfare, and stock plan services.

Fidelity Institutional

We bring sophisticated technology and highly personalized service together to offer clearing, custody, investment products, brokerage, and trading services to a wide range of financial firms.

Fidelity Institutional Asset Management

Fidelity Institutional Asset Management is a distribution organization dedicated to the institutional marketplace. It serves consultants and institutional investors, such as defined benefit and defined contribution plans, endowments, and financial advisors.

Fidelity Charitable

Fidelity Charitable is an independent public charity that allows donors to establish a dedicated donor-advised fund to support their favorite charities in the short term and create a systematic plan for longer term philanthropic goals.

Fidelity Labs

Fidelity Labs explores emerging technology and harnesses innovation to benefit Fidelity's businesses and customers.

Discovery Ventures Program

The Discovery Ventures Program is a program focused on startups looking to grow their businesses in the financial services industry. The program is designed to help participating companies better understand how to engage with large enterprises so that they can accelerate their sales into large enterprises and significantly increase their growth.

Careers at Fidelity

Fidelity Careers Sales, relationship management, product, marketing, technology, operations, and corporate functions


Asset Management Careers Investment management and support