Mount Sinai Medical Center of Florida 403(b) match, vesting and fees
What Mount Sinai Medical Center of Florida'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 | Valic Retirement Services Company | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 219 defined-contribution plans in health care and social assistance with 5,000 to 9,999 participants.
| Mount Sinai Medical Center of Florida: employer contribution per participant | $993 | |
| Peer median | $1,897 |
| Mount Sinai Medical Center of Florida: average balance | $50,197 | |
| Peer median | $70,943 |
| Mount Sinai Medical Center of Florida: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.10% |
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 $262M at the end of plan year 2023 to $302M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,124 | $302M | $6M | $993 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 6,940 | $262M | $5.2M | $962 | 0.23% | Not published | Form 5500 ↗ |
Common questions
Does Mount Sinai Medical Center of Florida match 401(k) contributions?
The match terms for the Mount Sinai Matching Contribution Plan have not been published from its filing yet. The plan year 2024 filing reports $6M in employer contributions, about $993 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mount Sinai Medical Center of Florida 401(k) match vested?
The vesting schedule for the Mount Sinai Matching Contribution Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mount Sinai Medical Center of Florida 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Valic Retirement Services Company. The plan administrator is Mount Sinai Medical Center of Florida, Inc..
I left Mount Sinai Medical Center of Florida. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mount Sinai Medical Center of Florida, Inc., (305) 674-2500) or the recordkeeper, Valic Retirement Services Company. The Mount Sinai Medical Center of Florida old 401(k) page lists the contacts from every plan filing. Find an old Mount Sinai Medical Center of Florida 401(k)
Data from the public Form 5500 annual reports Mount Sinai Medical Center of Florida filed with the U.S. Department of Labor (plan years 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 Mount Sinai Medical Center of Florida. Not financial advice. Report a correction · Methodology