Northern Ohio Medical Specialists 401(k) match, vesting and fees
What Northern Ohio Medical Specialists' 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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Meaden & Moore, Ltd (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.
| Northern Ohio Medical Specialists: employer contribution per participant | $2,406 | |
| Peer median | $1,358 |
| Northern Ohio Medical Specialists: average balance | $65,242 | |
| Peer median | $44,442 |
| Northern Ohio Medical Specialists: admin expenses ÷ assets | 0.15% | |
| 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 $94M at the end of plan year 2021 to $117M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,831 | $117M | $4.3M | $2,406 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 1,487 | $99.8M | $3.8M | $2,661 | 0.23% | Not published | Form 5500 ↗ |
| 2022 | 1,557 | $82.7M | $4.2M | $2,719 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 1,413 | $94M | $3.8M | $2,728 | 0.26% | Not published | Form 5500 ↗ |
Common questions
Does Northern Ohio Medical Specialists match 401(k) contributions?
The match terms for the Noms 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $4.3M in employer contributions, about $2,406 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Northern Ohio Medical Specialists 401(k) match vested?
The vesting schedule for the Noms 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Northern Ohio Medical Specialists 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Northern Ohio Medical Specialists, LLC.
I left Northern Ohio Medical Specialists. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Northern Ohio Medical Specialists, LLC, (419) 626-6161) or the recordkeeper, Newport Group, Inc.. The Northern Ohio Medical Specialists old 401(k) page lists the contacts from every plan filing. Find an old Northern Ohio Medical Specialists 401(k)
Data from the public Form 5500 annual reports Northern Ohio Medical Specialists 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 Northern Ohio Medical Specialists. Not financial advice. Report a correction · Methodology