Prisma Health retirement plan: assets, participants and fees
What Prisma Health's retirement plan 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Elliot Davis, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 33 pension plans in health care and social assistance with 5,000 to 9,999 participants.
| Prisma Health: employer contribution per participant | $2,792 | |
| Peer median | $2,638 |
| Prisma Health: average balance | $68,188 | |
| Peer median | $82,611 |
| Prisma Health: admin expenses ÷ assets | 1.32% | |
| Peer median | 0.74% |
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 $418M at the end of plan year 2023 to $421M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,181 | $421M | $17.3M | $2,792 | 1.32% | Not published | Form 5500 ↗ |
| 2023 | 6,245 | $418M | $28.9M | $4,621 | 1.52% | Not published | Form 5500 ↗ |
Common questions
Does Prisma Health match 401(k) contributions?
The match terms for the Legacy Ghs/Tuomey Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $17.3M in employer contributions, about $2,792 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Prisma Health 401(k) match vested?
The vesting schedule for the Legacy Ghs/Tuomey Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Prisma Health 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Prisma Health.
I left Prisma Health. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Prisma Health, (864) 455-7000) or the recordkeeper, Principal Life Insurance Company. The Prisma Health old 401(k) page lists the contacts from every plan filing. Find an old Prisma Health 401(k)
Data from the public Form 5500 annual reports Prisma Health 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 Prisma Health. Not financial advice. Report a correction · Methodology