Frederick Health 403(b) match, vesting and fees
What Frederick Health's 403(b) 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,281 defined-contribution plans in health care and social assistance with 1,000 to 4,999 participants.
| Frederick Health: employer contribution per participant | $2,123 | |
| Peer median | $1,358 |
| Frederick Health: average balance | $75,303 | |
| Peer median | $44,442 |
| Frederick Health: admin expenses ÷ assets | 0.24% | |
| Peer median | 0.21% |
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 $267M at the end of plan year 2021 to $321M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,368 | $321M | $9M | $2,123 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 4,307 | $283M | $9.5M | $2,242 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 4,283 | $240M | $8.9M | $2,135 | 0.17% | Not published | Form 5500 ↗ |
| 2021 | 4,227 | $267M | $9M | $2,179 | 0.18% | Not published | Form 5500 ↗ |
Other Frederick Health plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Frederick Health Retirement 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Forvis, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Frederick Health match 401(k) contributions?
The match terms for the Frederick Health 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $9M in employer contributions, about $2,123 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Frederick Health 401(k) match vested?
The vesting schedule for the Frederick Health 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Frederick Health 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Frederick Health, Inc..
I left Frederick Health. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Frederick Health, Inc., (240) 566-3251) or the recordkeeper, Principal Life Insurance Company. The Frederick Health old 401(k) page lists the contacts from every plan filing. Find an old Frederick Health 401(k)
Data from the public Form 5500 annual reports Frederick Health 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 Frederick Health. Not financial advice. Report a correction · Methodology