Memorial Hermann Health System 401(k) match, vesting and fees
What Memorial Hermann 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Mcconnell & Jones 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.
| Memorial Hermann Health System: employer contribution per participant | $391 | |
| Peer median | $1,358 |
| Memorial Hermann Health System: average balance | $37,460 | |
| Peer median | $44,442 |
| Memorial Hermann Health System: admin expenses ÷ assets | 0.06% | |
| 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 $116M at the end of plan year 2021 to $106M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,059 | $106M | $1.1M | $391 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 851 | $98.8M | $811K | $996 | 0.06% | Not published | Form 5500 ↗ |
| 2022 | 3,447 | $90M | $749K | $232 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 3,680 | $116M | $798K | $229 | 0.07% | Not published | Form 5500 ↗ |
Other Memorial Hermann Health System plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Memorial Hermann Health System Employees' 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Mcconnell & Jones LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Memorial Hermann Pension 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 | Mcconnell & Jones LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Memorial Hermann Health System match 401(k) contributions?
The match terms for the Memorial Hermann Health System 401(k) Retirement Savings Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $1.1M in employer contributions, about $391 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Memorial Hermann Health System 401(k) match vested?
The vesting schedule for the Memorial Hermann Health System 401(k) Retirement Savings Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Memorial Hermann Health System 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Memorial Hermann Health System.
I left Memorial Hermann Health System. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Memorial Hermann Health System, (713) 242-2724) or the recordkeeper, Fidelity Investments Institutional. The Memorial Hermann Health System old 401(k) page lists the contacts from every plan filing. Find an old Memorial Hermann Health System 401(k)
Data from the public Form 5500 annual reports Memorial Hermann Health System 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 Memorial Hermann Health System. Not financial advice. Report a correction · Methodology