Henry Ford Health System 401(k) match, vesting and fees
What Henry Ford Health System'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 244 defined-contribution plans in health care and social assistance with 10,000 to 49,999 participants.
| Henry Ford Health System: employer contribution per participant | $1,617 | |
| Peer median | $2,155 |
| Henry Ford Health System: average balance | $24,737 | |
| Peer median | $66,935 |
| Henry Ford Health System: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.08% |
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 $618M at the end of plan year 2023 to $932M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 41,205 | $932M | $60.9M | $1,617 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 22,929 | $618M | $47.8M | $2,227 | 0.12% | Not published | Form 5500 ↗ |
Other Henry Ford Health System plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Henry Ford Health System Heritage 403(b) 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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Gjc Cpa'S & Advisors (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Henry Ford Health System Retirement Savings 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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Gjc Cpa'S & Advisors (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Henry Ford Medical Center Union Facilities Retirement Plan for Collectively Bargained Employees
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 Henry Ford Health System match 401(k) contributions?
The match terms for the Henry Ford Health System Ambassador 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $60.9M in employer contributions, about $1,617 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Henry Ford Health System 401(k) match vested?
The vesting schedule for the Henry Ford Health System Ambassador 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Henry Ford Health System 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 Henry Ford Health System. 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 Henry Ford Health System old 401(k) page lists the contacts from every plan filing. Find an old Henry Ford Health System 401(k)
Data from the public Form 5500 annual reports Henry Ford Health System 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 Henry Ford Health System. Not financial advice. Report a correction · Methodology