Northwestern Memorial Healthcare 401(k) match, vesting and fees
What Northwestern Memorial Healthcare'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Ernst & Young LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 31 defined-contribution plans in health care and social assistance with 50,000 or more participants.
| Northwestern Memorial Healthcare: employer contribution per participant | $3,679 | |
| Peer median | $1,711 |
| Northwestern Memorial Healthcare: average balance | $103,825 | |
| Peer median | $88,270 |
| Northwestern Memorial Healthcare: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.07% |
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 $4.5B at the end of plan year 2023 to $5.4B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 53,096 | $5.4B | $193M | $3,679 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 50,366 | $4.5B | $170M | $3,427 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does Northwestern Memorial Healthcare match 401(k) contributions?
The match terms for the Northwestern Memorial Employee 401(k) Pre-Tax Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $193M in employer contributions, about $3,679 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Northwestern Memorial Healthcare 401(k) match vested?
The vesting schedule for the Northwestern Memorial Employee 401(k) Pre-Tax Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Northwestern Memorial Healthcare 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Northwestern Memorial Healthcare.
I left Northwestern Memorial Healthcare. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Northwestern Memorial Healthcare, (312) 926-4357) or the recordkeeper, Fidelity Investments Institutional. The Northwestern Memorial Healthcare old 401(k) page lists the contacts from every plan filing. Find an old Northwestern Memorial Healthcare 401(k)
Data from the public Form 5500 annual reports Northwestern Memorial Healthcare 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 Northwestern Memorial Healthcare. Not financial advice. Report a correction · Methodology