Mental Health Association of New York City 401(k) match, vesting and fees
What Mental Health Association of New York City'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 | Grassi & Co., Cpas, P.C. (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.
| Mental Health Association of New York City: employer contribution per participant | $2,084 | |
| Peer median | $1,358 |
| Mental Health Association of New York City: average balance | $27,255 | |
| Peer median | $44,442 |
| Mental Health Association of New York City: admin expenses ÷ assets | 0.46% | |
| 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 $12.5M at the end of plan year 2021 to $32.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,215 | $32.5M | $2.5M | $2,084 | 0.46% | Not published | Form 5500 ↗ |
| 2023 | 1,184 | $23.7M | $1.5M | $1,313 | 0.51% | Not published | Form 5500 ↗ |
| 2022 | 944 | $17.8M | $2.9M | $3,205 | 0.47% | Not published | Form 5500 ↗ |
| 2021 | 872 | $12.5M | $1.5M | $2,044 | 0.56% | Not published | Form 5500 ↗ |
Common questions
Does Mental Health Association of New York City match 401(k) contributions?
The match terms for the Mha of Nyc, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2.5M in employer contributions, about $2,084 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mental Health Association of New York City 401(k) match vested?
The vesting schedule for the Mha of Nyc, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mental Health Association of New York City 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is The Mental Health Association of New York City, Inc..
I left Mental Health Association of New York City. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Mental Health Association of New York City, Inc., (212) 254-0333) or the recordkeeper, Fidelity Investments Institutional. The Mental Health Association of New York City old 401(k) page lists the contacts from every plan filing. Find an old Mental Health Association of New York City 401(k)
Data from the public Form 5500 annual reports Mental Health Association of New York City 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 Mental Health Association of New York City. Not financial advice. Report a correction · Methodology