Meritus Medical Center 401(k) match, vesting and fees
What Meritus Medical Center'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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Smith Elliott Kearns & Company,llc (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.
| Meritus Medical Center: employer contribution per participant | $2,203 | |
| Peer median | $1,358 |
| Meritus Medical Center: average balance | $87,139 | |
| Peer median | $44,442 |
| Meritus Medical Center: admin expenses ÷ assets | 0.13% | |
| 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 $375M at the end of plan year 2021 to $397M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,805 | $397M | $10M | $2,203 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 4,581 | $339M | $8.3M | $1,885 | 0.15% | Not published | Form 5500 ↗ |
| 2022 | 4,462 | $294M | $7.4M | $1,742 | 0.09% | Not published | Form 5500 ↗ |
| 2021 | 4,131 | $375M | $9.9M | $2,464 | 0.18% | Not published | Form 5500 ↗ |
Common questions
Does Meritus Medical Center match 401(k) contributions?
The match terms for the Meritus Health 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $10M in employer contributions, about $2,203 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Meritus Medical Center 401(k) match vested?
The vesting schedule for the Meritus Health 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Meritus Medical Center 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Meritus Medical Center, Inc..
I left Meritus Medical Center. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Meritus Medical Center, Inc., (301) 790-8101) or the recordkeeper, Empower Annuity Insurance Company. The Meritus Medical Center old 401(k) page lists the contacts from every plan filing. Find an old Meritus Medical Center 401(k)
Data from the public Form 5500 annual reports Meritus Medical Center 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 Meritus Medical Center. Not financial advice. Report a correction · Methodology