Northwell Health 401(k) match, vesting and fees
What Northwell Health'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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Ernst & Young, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Northwell Health: employer contribution per participant | $1,401 | |
| Peer median | $1,337 |
| Northwell Health: average balance | $113,917 | |
| Peer median | $35,764 |
| Northwell Health: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.32% |
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 $57.3M at the end of plan year 2021 to $58.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 510 | $58.1M | $715K | $1,401 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 506 | $52.9M | $710K | $1,403 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 524 | $47.7M | $705K | $1,345 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 547 | $57.3M | $649K | $1,187 | 0.04% | Not published | Form 5500 ↗ |
Other Northwell Health plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Retirement Plan for Employees of the Long Island Home
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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Ernst & Young, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Northwell Health match 401(k) contributions?
The match terms for the The Long Island Home 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $715K in employer contributions, about $1,401 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Northwell Health 401(k) match vested?
The vesting schedule for the The Long Island Home 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Northwell Health 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Northwell Health Inc..
I left Northwell Health. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Northwell Health Inc., (631) 608-5107) or the recordkeeper, Transamerica Retirement Solutions. The Northwell Health old 401(k) page lists the contacts from every plan filing. Find an old Northwell Health 401(k)
Data from the public Form 5500 annual reports Northwell Health 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 Northwell Health. Not financial advice. Report a correction · Methodology