Freeport Health Network 403(b) match, vesting and fees
What Freeport Health Network'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Rsm US 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.
| Freeport Health Network: employer contribution per participant | $942 | |
| Peer median | $1,358 |
| Freeport Health Network: average balance | $102,281 | |
| Peer median | $44,442 |
| Freeport Health Network: admin expenses ÷ assets | 0.03% | |
| 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 $150M at the end of plan year 2021 to $158M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,086 | $158M | $1.5M | $942 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 1,482 | $143M | $1.6M | $1,171 | 0.05% | Not published | Form 5500 ↗ |
| 2022 | 1,488 | $124M | $1.4M | $1,031 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 1,454 | $150M | $966K | $707 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does Freeport Health Network match 401(k) contributions?
The match terms for the Fhn Matching Tax Deferred Annuity Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $942 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Freeport Health Network 401(k) match vested?
The vesting schedule for the Fhn Matching Tax Deferred Annuity Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Freeport Health Network 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Freeport Health Network.
I left Freeport Health Network. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Freeport Health Network, (815) 599-7077) or the recordkeeper, Fidelity Investments Institutional. The Freeport Health Network old 401(k) page lists the contacts from every plan filing. Find an old Freeport Health Network 401(k)
Data from the public Form 5500 annual reports Freeport Health Network 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 Freeport Health Network. Not financial advice. Report a correction · Methodology