Rapid City Medical Center 401(k) match, vesting and fees
What Rapid City Medical Center'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 | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Ketel Thorstenson,llp (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Rapid City Medical Center: employer contribution per participant | $5,767 | |
| Peer median | $1,337 |
| Rapid City Medical Center: average balance | $129,317 | |
| Peer median | $35,764 |
| Rapid City Medical Center: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.32% |
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 $70.3M at the end of plan year 2023 to $74.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 592 | $74.6M | $3.3M | $5,767 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 633 | $70.3M | $2.9M | $4,747 | 0.21% | Not published | Form 5500 ↗ |
Common questions
Does Rapid City Medical Center match 401(k) contributions?
The match terms for the Rapid City Medical Center 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $3.3M in employer contributions, about $5,767 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Rapid City Medical Center 401(k) match vested?
The vesting schedule for the Rapid City Medical Center 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Rapid City Medical Center 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Rapid City Medical Center, LLP.
I left Rapid City Medical Center. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Rapid City Medical Center, LLP, (605) 721-8317) or the recordkeeper, Schwab Retirement Plan Services,inc. The Rapid City Medical Center old 401(k) page lists the contacts from every plan filing. Find an old Rapid City Medical Center 401(k)
Data from the public Form 5500 annual reports Rapid City Medical Center 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 Rapid City Medical Center. Not financial advice. Report a correction · Methodology