Legacy Healthcare Financial Services 401(k) match, vesting and fees
What Legacy Healthcare Financial Services' 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 | Great West Life & Annuity Insurance | Schedule C ↗ |
| Independent auditor | Smith & Howard, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
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.
| Legacy Healthcare Financial Services: employer contribution per participant | $489 | |
| Peer median | $1,358 |
| Legacy Healthcare Financial Services: average balance | $23,198 | |
| Peer median | $44,442 |
| Legacy Healthcare Financial Services: admin expenses ÷ assets | 0.34% | |
| 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 $34.1M at the end of plan year 2021 to $105M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,830 | $105M | $2.2M | $489 | 0.34% | Not published | Form 5500 ↗ |
| 2023 | 6,305 | $61.5M | $1.2M | $607 | 0.47% | Not published | Form 5500 ↗ |
| 2022 | 5,321 | $42.1M | $1.3M | $762 | 0.82% | Not published | Form 5500 ↗ |
| 2021 | 4,805 | $34.1M | $1M | $721 | 0.79% | Not published | Form 5500 ↗ |
Common questions
Does Legacy Healthcare Financial Services match 401(k) contributions?
The match terms for the Legacy Healthcare 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $2.2M in employer contributions, about $489 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Legacy Healthcare Financial Services 401(k) match vested?
The vesting schedule for the Legacy Healthcare 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Legacy Healthcare Financial Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Great West Life & Annuity Insurance. The plan administrator is Legacy Healthcare Financial Services, LLC.
I left Legacy Healthcare Financial Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Legacy Healthcare Financial Services, LLC, (847) 679-9797) or the recordkeeper, Great West Life & Annuity Insurance. The Legacy Healthcare Financial Services old 401(k) page lists the contacts from every plan filing. Find an old Legacy Healthcare Financial Services 401(k)
Data from the public Form 5500 annual reports Legacy Healthcare Financial Services 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 Legacy Healthcare Financial Services. Not financial advice. Report a correction · Methodology