Health Care Service 401(k) match, vesting and fees
What Health Care Service'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 O | Schedule C ↗ |
| Independent auditor | Ernst & Young LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 104 defined-contribution plans in finance and insurance with 10,000 to 49,999 participants.
| Health Care Service: employer contribution per participant | $2,133 | |
| Peer median | $3,632 |
| Health Care Service: average balance | $99,914 | |
| Peer median | $158,797 |
| Health Care Service: admin expenses ÷ assets | 0.01% | |
| Peer median | 0.04% |
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 $3.4B at the end of plan year 2023 to $3.9B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 46,212 | $3.9B | $83.6M | $2,133 | 0.01% | Not published | Form 5500 ↗ |
| 2023 | 40,491 | $3.4B | $74.9M | $1,871 | 0.02% | Not published | Form 5500 ↗ |
Other Health Care Service plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Hcsc Employee 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 | Ernst & Young, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Health Care Service match 401(k) contributions?
The match terms for the The 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $83.6M in employer contributions, about $2,133 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Health Care Service 401(k) match vested?
The vesting schedule for the The 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Health Care Service 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Health Care Service Corporation.
I left Health Care Service. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Health Care Service Corporation, (972) 766-6192) or the recordkeeper, Empower Annuity Insurance Company O. The Health Care Service old 401(k) page lists the contacts from every plan filing. Find an old Health Care Service 401(k)
Data from the public Form 5500 annual reports Health Care Service 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 Health Care Service. Not financial advice. Report a correction · Methodology