Promedica Health System 401(k) match, vesting and fees
What Promedica Health System'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 | Plante & Moran, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 244 defined-contribution plans in health care and social assistance with 10,000 to 49,999 participants.
| Promedica Health System: employer contribution per participant | $1,334 | |
| Peer median | $2,155 |
| Promedica Health System: average balance | $64,082 | |
| Peer median | $66,935 |
| Promedica Health System: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.08% |
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 $1.2B at the end of plan year 2023 to $1.3B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 22,470 | $1.3B | $28M | $1,334 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 21,014 | $1.2B | $29M | $1,506 | 0.07% | Not published | Form 5500 ↗ |
Other Promedica Health System plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Promedica Health System, Inc. 403(b) Plan
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 | Plante & Moran, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Promedica Health System, Inc. Cash Balance Retirement Plan
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.
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Promedica Health System match 401(k) contributions?
The match terms for the Promedica Health System, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $28M in employer contributions, about $1,334 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Promedica Health System 401(k) match vested?
The vesting schedule for the Promedica Health System, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Promedica Health System 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Promedica Health System, Inc..
I left Promedica Health System. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Promedica Health System, Inc., (567) 585-9600) or the recordkeeper, Fidelity Investments Institutional. The Promedica Health System old 401(k) page lists the contacts from every plan filing. Find an old Promedica Health System 401(k)
Data from the public Form 5500 annual reports Promedica Health System 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 Promedica Health System. Not financial advice. Report a correction · Methodology