Ascension Health DBA Ascension Healthcare 401(k) match, vesting and fees
What Ascension Health DBA Ascension Healthcare's 401(k) plan says about matching contributions
Eligible participants may elect to contribute up to 80% of pretax eligible annual compensation, not to exceed or up to the Internal Revenue Service (IRS) annual limits. The Plan does not allow for Organization contributions.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 61 ↗ |
| Loans | Participants may borrow from their accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. | Audit report, p. 62 ↗ |
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 25 defined-contribution plans in other services with 5,000 to 9,999 participants.
| Ascension Health DBA Ascension Healthcare: employer contribution per participant | — | |
| Peer median | $1,920 |
| Ascension Health DBA Ascension Healthcare: average balance | $82,750 | |
| Peer median | $54,954 |
| Ascension Health DBA Ascension Healthcare: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.16% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $587M at the end of plan year 2023 to $600M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,250 | $600M | — | — | 0.05% | Quoted in the audit report, p. 61 ↗ | Form 5500 ↗ |
| 2023 | 8,137 | $587M | — | — | 0.06% | Not published | Form 5500 ↗ |
Other Ascension Health DBA Ascension Healthcare plans (5)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
St. Vincent'S Health System Matched Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Ascension Healthcare Legacy ERISA 403(b) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Calumet Medical Center, Inc. 403(b) Tax Deferred Annuity Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Ascension Healthcare Legacy Money Purchase Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Ascension Healthcare Legacy ERISA Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Ascension Health DBA Ascension Healthcare match 401(k) contributions?
The audit report attached to the Ascension Healthcare 401(k) Retirement Savings Plan's plan year 2024 Form 5500, page 61 says: “Eligible participants may elect to contribute up to 80% of pretax eligible annual compensation, not to exceed or up to the Internal Revenue Service (IRS) annual limits. The Plan does not allow for Organization contributions.” Plan terms may have changed; check your current Summary Plan Description.
When is the Ascension Health DBA Ascension Healthcare 401(k) match vested?
The vesting schedule for the Ascension Healthcare 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ascension Health DBA Ascension Healthcare 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Ascension Healthcare Pension Committee.
I left Ascension Health DBA Ascension Healthcare. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ascension Healthcare Pension Committee, (314) 733-8600) or the recordkeeper, Transamerica Retirement Solutions. The Ascension Health DBA Ascension Healthcare old 401(k) page lists the contacts from every plan filing. Find an old Ascension Health DBA Ascension Healthcare 401(k)
Data from the public Form 5500 annual reports Ascension Health DBA Ascension Healthcare filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Ascension Health DBA Ascension Healthcare. Not financial advice. Report a correction · Methodology