QSM Health Systems 401(k) match, vesting and fees
What QSM Health Systems' 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 | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Forge Financial (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 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| QSM Health Systems: employer contribution per participant | $2,186 | |
| Peer median | $1,468 |
| QSM Health Systems: average balance | $34,413 | |
| Peer median | $37,786 |
| QSM Health Systems: admin expenses ÷ assets | 0.91% | |
| Peer median | 0.39% |
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 $3M at the end of plan year 2021 to $5.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 167 | $5.5M | $350K | $2,186 | 0.91% | Not published | Form 5500 ↗ |
| 2023 | 130 | $4M | $290K | $2,249 | 0.91% | Not published | 5500-SF ↗ |
| 2022 | 111 | $3.1M | $287K | $2,583 | 0.86% | Not published | 5500-SF ↗ |
| 2021 | 105 | $3M | $231K | $2,219 | 0.86% | Not published | 5500-SF ↗ |
Common questions
Does QSM Health Systems match 401(k) contributions?
The match terms for the Qsm Health Systems, Inc 401(k) and Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $350K in employer contributions, about $2,186 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the QSM Health Systems 401(k) match vested?
The vesting schedule for the Qsm Health Systems, Inc 401(k) and Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the QSM Health Systems 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is Qsm Health Systems, Inc..
I left QSM Health Systems. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Qsm Health Systems, Inc., (305) 466-9988) or the recordkeeper, John Hancock Life Insurance Company. The QSM Health Systems old 401(k) page lists the contacts from every plan filing. Find an old QSM Health Systems 401(k)
Data from the public Form 5500 annual reports QSM Health Systems 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 QSM Health Systems. Not financial advice. Report a correction · Methodology