NYU Langone Health 401(k) match, vesting and fees

Plan year 2024 filingLutheran Medical Center 401(k) Retirement Plan · Plan 008 · EIN 13-3971298Updated Oct 2026

What NYU Langone Health's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The filing does not report employer contributions. Plan year 2024 Form 5500 ↗
$110,705
Average account balance
2,174
Participants (end of year)
$239M
Plan assets (end of year)
0.03%
Admin expenses ÷ assets

Plan features

Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.

Roth contributions
Effective January 1, 2024, the Plan was amended to allow In-Plan Roth rollover transfers.
Audit report, p. 32 ↗
Loans
Eligible participants can borrow against their annuity contract or custodial account for a minimum of one thousand dollars up to a maximum equal to the lesser of 50% of their individual vested account or fifty thousand dollars. At December 31, 2024 and 2023, participant loans in the amount of $448 and $321, respectively, are included in notes receivable from participants in the statements of net assets available for benefits. For the participant loans outstanding, the interest rates ranged from 4.25% to 9.50% for the year ended December 31, 2024, and ranged from 4.25% to 9.25% for the year ended December 31, 2023.
Audit report, p. 33 ↗
RecordkeeperTIAASchedule C ↗
Independent auditorForvis Mazars, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

All rows are from the plan year 2024 filing; plan features from its audit report.

Our plain-English summary appears once a person has reviewed it against the filing. How we check · Report a correction

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.

NYU Langone Health: employer contribution per participant—
Peer median$1,358
NYU Langone Health: average balance$110,705
Peer median$44,442
NYU Langone Health: admin expenses ÷ assets0.03%
Peer median0.21%

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 $250M at the end of plan year 2021 to $239M at the end of plan year 2024.

$250M2021$201M2022$223M2023$239M2024
End-of-year figures from each plan year's Form 5500 filing for the NYU Langone Health plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20242,174$239M——0.03%Not publishedForm 5500 ↗
20232,251$223M——<0.01%Not publishedForm 5500 ↗
20222,327$201M——0.01%Not publishedForm 5500 ↗
20212,400$250M——<0.01%Not publishedForm 5500 ↗

Other NYU Langone Health plans (5)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Nyu Langone Health 403(b) Plan

Plan 005 · EIN 13-3971298 · plan year 2024 filing
$85,110
Average account balance
48,046
Participants (end of year)
$3.6B
Plan assets (end of year)
0.03%
Admin expenses ÷ assets

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.

RecordkeeperTIAASchedule C ↗
Independent auditorForvis Mazars, LLP (disclaimer opinion, limited scope)Schedule H ↗
Plan type and status403(b) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

Nyu Langone Hospital-Long Island 403(b) Plan

Plan 010 · EIN 13-3971298 · plan year 2024 filing
$56,780
Average account balance
9,639
Participants (end of year)
$544M
Plan assets (end of year)
0.04%
Admin expenses ÷ assets

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.

RecordkeeperTIAASchedule C ↗
Independent auditorForvis Mazars, LLP (disclaimer opinion, limited scope)Schedule H ↗
Plan type and status403(b) · ActiveForm 5500 ↗

Nyu Langone Florida 403(b) Plan

Plan 001 · EIN 82-4528600 · plan year 2024 filing
$6,005
Average account balance
2,448
Participants (end of year)
$14.3M
Plan assets (end of year)
0.13%
Admin expenses ÷ assets

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.

RecordkeeperTIAASchedule C ↗
Independent auditorForvis Mazars, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status403(b) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

Nyu Langone Hospitals Retirement Plan

Plan 004 · EIN 13-3971298 · plan year 2024 filing
$107,692
Average account balance
13,622
Participants (end of year)
$1.5B
Plan assets (end of year)
1.00%
Admin expenses ÷ assets

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.

Independent auditorForvis Mazars, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Nyu Langone Hospital-Brooklyn Uft Retirement Plan

Plan 006 · EIN 13-3971298 · plan year 2024 filing
$114,711
Average account balance
1,850
Participants (end of year)
$212M
Plan assets (end of year)
1.03%
Admin expenses ÷ assets

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.

Independent auditorForvis Mazars, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does NYU Langone Health match 401(k) contributions?

The match terms for the Lutheran Medical Center 401(k) Retirement Plan have not been published from its filing yet.

When is the NYU Langone Health 401(k) match vested?

The vesting schedule for the Lutheran Medical Center 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the NYU Langone Health 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is TIAA. The plan administrator is Nyu Langone Hospitals.

I left NYU Langone Health. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Nyu Langone Hospitals, (212) 404-4002) or the recordkeeper, TIAA. The NYU Langone Health old 401(k) page lists the contacts from every plan filing. Find an old NYU Langone Health 401(k)

Data from the public Form 5500 annual reports NYU Langone 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 NYU Langone Health. Not financial advice. Report a correction · Methodology