Medisys Health Network 403(b) match, vesting and fees
What Medisys Health Network's 403(b) 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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · 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.
| Medisys Health Network: employer contribution per participant | $904 | |
| Peer median | $1,358 |
| Medisys Health Network: average balance | $92,468 | |
| Peer median | $44,442 |
| Medisys Health Network: admin expenses ÷ assets | 0.25% | |
| 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 $344M at the end of plan year 2021 to $387M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,694 | $387M | $3.8M | $904 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 7,512 | $346M | $3.1M | $763 | 0.24% | Not published | Form 5500 ↗ |
| 2022 | 7,099 | $299M | $3.2M | $830 | 0.23% | Not published | Form 5500 ↗ |
| 2021 | 6,836 | $344M | $3M | $828 | 0.28% | Not published | Form 5500 ↗ |
Other Medisys Health Network plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Medisys Health Network, Inc. Cash Balance Retirement 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 | Bcg Pension Risk Consultants, Inc | Schedule C ↗ |
| Independent auditor | Cohnreznick (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Medisys Health Network match 401(k) contributions?
The match terms for the Medisys Health Network, Inc. 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $3.8M in employer contributions, about $904 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Medisys Health Network 401(k) match vested?
The vesting schedule for the Medisys Health Network, Inc. 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Medisys Health Network 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Medisys Health Network, Inc..
I left Medisys Health Network. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Medisys Health Network, Inc., (718) 206-6291) or the recordkeeper, Newport Group, Inc.. The Medisys Health Network old 401(k) page lists the contacts from every plan filing. Find an old Medisys Health Network 401(k)
Data from the public Form 5500 annual reports Medisys Health Network 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 Medisys Health Network. Not financial advice. Report a correction · Methodology