Health Alliance Plan of Michigan 401(k) match, vesting and fees
What Health Alliance Plan of Michigan'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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Gjc Cpa'S & Advisors (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Health Alliance Plan of Michigan: employer contribution per participant | $3,374 | |
| Peer median | $2,966 |
| Health Alliance Plan of Michigan: average balance | $108,025 | |
| Peer median | $104,792 |
| Health Alliance Plan of Michigan: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.10% |
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 $141M at the end of plan year 2021 to $141M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,338 | $141M | $4.4M | $3,374 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 1,416 | $133M | $4.1M | $2,918 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 1,404 | $116M | $4.3M | $3,126 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 1,406 | $141M | $4.4M | $3,139 | 0.05% | Not published | Form 5500 ↗ |
Other Health Alliance Plan of Michigan plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Health Alliance Plan 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.
| Independent auditor | Gjc Cpa'S & Advisors (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Health Alliance Plan of Michigan match 401(k) contributions?
The match terms for the Health Alliance Plan & Populance 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $4.4M in employer contributions, about $3,374 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Health Alliance Plan of Michigan 401(k) match vested?
The vesting schedule for the Health Alliance Plan & Populance 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Health Alliance Plan of Michigan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Henry Ford Health System.
I left Health Alliance Plan of Michigan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Henry Ford Health System, (313) 876-8495) or the recordkeeper, Empower Annuity Insurance Company. The Health Alliance Plan of Michigan old 401(k) page lists the contacts from every plan filing. Find an old Health Alliance Plan of Michigan 401(k)
Data from the public Form 5500 annual reports Health Alliance Plan of Michigan 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 Health Alliance Plan of Michigan. Not financial advice. Report a correction · Methodology