Cardiology Associates of Mobile 401(k) match, vesting and fees
What Cardiology Associates of Mobile's 401(k) plan says about matching contributions
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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Wilkins Miller LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Cardiology Associates of Mobile: employer contribution per participant | $6,349 | |
| Peer median | $1,468 |
| Cardiology Associates of Mobile: average balance | $250,847 | |
| Peer median | $37,786 |
| Cardiology Associates of Mobile: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.39% |
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 $87.9M at the end of plan year 2021 to $85.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 371 | $85.8M | $2.2M | $6,349 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 354 | $78.3M | $2.2M | $6,411 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 344 | $71.4M | $2M | $6,282 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 312 | $87.9M | $1.9M | $6,472 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Cardiology Associates of Mobile match 401(k) contributions?
The match terms for the Cardiology Associates of Mobile, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $2.2M in employer contributions, about $6,349 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Cardiology Associates of Mobile 401(k) match vested?
The vesting schedule for the Cardiology Associates of Mobile, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Cardiology Associates of Mobile 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Cardiology Associates of Mobile, Inc..
I left Cardiology Associates of Mobile. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Cardiology Associates of Mobile, Inc., (251) 340-6945) or the recordkeeper, Newport Group, Inc.. The Cardiology Associates of Mobile old 401(k) page lists the contacts from every plan filing. Find an old Cardiology Associates of Mobile 401(k)
Data from the public Form 5500 annual reports Cardiology Associates of Mobile filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Cardiology Associates of Mobile. Not financial advice. Report a correction · Methodology