McGaw Medical Center of Northwestern University 401(k) match, vesting and fees
What McGaw Medical Center of Northwestern University'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 | Fidelity Inv. Inst. Ops. Co. LLC | Schedule C ↗ |
| Independent auditor | Grant Thornton 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 1,281 defined-contribution plans in health care and social assistance with 1,000 to 4,999 participants.
| McGaw Medical Center of Northwestern University: employer contribution per participant | $1,048 | |
| Peer median | $1,358 |
| McGaw Medical Center of Northwestern University: average balance | $33,165 | |
| Peer median | $44,442 |
| McGaw Medical Center of Northwestern University: admin expenses ÷ assets | 0.05% | |
| 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 $54.6M at the end of plan year 2021 to $75.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,573 | $75.7M | $2.4M | $1,048 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 2,476 | $62.1M | $1.7M | $780 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 2,340 | $48.6M | $1.4M | $685 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 2,168 | $54.6M | $1.4M | $721 | 0.06% | Not published | Form 5500 ↗ |
Common questions
Does McGaw Medical Center of Northwestern University match 401(k) contributions?
The match terms for the Mcgaw Medical Center Housestaff Member 401(k) Pre-Tax Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $1,048 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the McGaw Medical Center of Northwestern University 401(k) match vested?
The vesting schedule for the Mcgaw Medical Center Housestaff Member 401(k) Pre-Tax Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the McGaw Medical Center of Northwestern University 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Inv. Inst. Ops. Co. LLC. The plan administrator is Mcgaw Medical Center of Northwestern University.
I left McGaw Medical Center of Northwestern University. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mcgaw Medical Center of Northwestern University, (312) 503-7975) or the recordkeeper, Fidelity Inv. Inst. Ops. Co. LLC. The McGaw Medical Center of Northwestern University old 401(k) page lists the contacts from every plan filing. Find an old McGaw Medical Center of Northwestern University 401(k)
Data from the public Form 5500 annual reports McGaw Medical Center of Northwestern University 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 McGaw Medical Center of Northwestern University. Not financial advice. Report a correction · Methodology