Health Management Associates 401(k) match, vesting and fees
What Health Management Associates' 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Tanner LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,087 defined-contribution plans in professional, scientific, and technical services with 1,000 to 4,999 participants.
| Health Management Associates: employer contribution per participant | $7,685 | |
| Peer median | $2,556 |
| Health Management Associates: average balance | $191,960 | |
| Peer median | $100,166 |
| Health Management Associates: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.11% |
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 $84.5M at the end of plan year 2021 to $224M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,196 | $224M | $9M | $7,685 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 1,191 | $192M | $8.2M | $6,999 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 1,021 | $114M | $6.8M | $6,834 | 0.09% | Not published | Form 5500 ↗ |
| 2021 | 459 | $84.5M | $2.5M | $5,744 | 0.08% | Not published | Form 5500 ↗ |
Other Health Management Associates plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Health Management Associates, Inc. Employee Stock Ownership 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 | Tanner LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Health Management Associates match 401(k) contributions?
The match terms for the Health Management Associates Profit Sharing/401(K) Plan have not been published from its filing yet. The plan year 2024 filing reports $9M in employer contributions, about $7,685 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Health Management Associates 401(k) match vested?
The vesting schedule for the Health Management Associates Profit Sharing/401(K) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Health Management Associates 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Health Management Associates, Inc..
I left Health Management Associates. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Health Management Associates, Inc., (517) 482-9236) or the recordkeeper, Principal Life Insurance Company. The Health Management Associates old 401(k) page lists the contacts from every plan filing. Find an old Health Management Associates 401(k)
Data from the public Form 5500 annual reports Health Management Associates 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 Management Associates. Not financial advice. Report a correction · Methodology