Neighborhood Health Plan of Rhode Island 401(k) match, vesting and fees
What Neighborhood Health Plan of Rhode Island'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 | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Bdo USA, 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 655 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Neighborhood Health Plan of Rhode Island: employer contribution per participant | $2,537 | |
| Peer median | $2,935 |
| Neighborhood Health Plan of Rhode Island: average balance | $74,941 | |
| Peer median | $92,770 |
| Neighborhood Health Plan of Rhode Island: admin expenses ÷ assets | 0.23% | |
| Peer median | 0.15% |
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 $50.6M at the end of plan year 2021 to $63.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 865 | $63.8M | $2.2M | $2,537 | 0.23% | Not published | Form 5500 ↗ |
| 2023 | 861 | $53.9M | $2M | $2,337 | 0.23% | Not published | Form 5500 ↗ |
| 2022 | 810 | $44M | $1.9M | $2,382 | 0.25% | Not published | Form 5500 ↗ |
| 2021 | 760 | $50.6M | $1.8M | $2,436 | 0.28% | Not published | Form 5500 ↗ |
Common questions
Does Neighborhood Health Plan of Rhode Island match 401(k) contributions?
The match terms for the Neighborhood Health Plan of Rhode Island 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $2.2M in employer contributions, about $2,537 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Neighborhood Health Plan of Rhode Island 401(k) match vested?
The vesting schedule for the Neighborhood Health Plan of Rhode Island 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Neighborhood Health Plan of Rhode Island 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Neighborhood Health Plan of Rhode Island.
I left Neighborhood Health Plan of Rhode Island. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Neighborhood Health Plan of Rhode Island, (401) 459-6000) or the recordkeeper, Schwab Retirement Plan Services,inc. The Neighborhood Health Plan of Rhode Island old 401(k) page lists the contacts from every plan filing. Find an old Neighborhood Health Plan of Rhode Island 401(k)
Data from the public Form 5500 annual reports Neighborhood Health Plan of Rhode Island 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 Neighborhood Health Plan of Rhode Island. Not financial advice. Report a correction · Methodology