Salem Health Hospitals & Clinics 401(k) match, vesting and fees
What Salem Health Hospitals & Clinics' 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 | Baker Tilly, US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 39 defined-contribution plans in health care and social assistance with 5,000 to 9,999 participants.
| Salem Health Hospitals & Clinics: employer contribution per participant | $4,404 | |
| Peer median | $1,785 |
| Salem Health Hospitals & Clinics: average balance | $153,056 | |
| Peer median | $86,509 |
| Salem Health Hospitals & Clinics: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.10% |
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 $814M at the end of plan year 2021 to $1.2B at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 7,778 | $1.2B | $33.8M | $4,404 | 0.07% | Not published | Form 5500 ↗ |
| 2024 | 7,729 | $983M | $30.6M | $4,074 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 7,295 | $844M | $26.4M | $3,694 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 6,852 | $700M | $24.7M | $3,717 | 0.08% | Not published | Form 5500 ↗ |
| 2021 | 6,446 | $814M | $24M | $3,778 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Salem Health Hospitals & Clinics match 401(k) contributions?
The match terms for the Salem Health Hospitals & Clinics Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $33.8M in employer contributions, about $4,404 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Salem Health Hospitals & Clinics 401(k) match vested?
The vesting schedule for the Salem Health Hospitals & Clinics Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Salem Health Hospitals & Clinics 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Salem Health Hospitals & Clinics.
I left Salem Health Hospitals & Clinics. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Salem Health Hospitals & Clinics, (503) 814-1862) or the recordkeeper, Fidelity Investments Institutional. The Salem Health Hospitals & Clinics old 401(k) page lists the contacts from every plan filing. Find an old Salem Health Hospitals & Clinics 401(k)
Data from the public Form 5500 annual reports Salem Health Hospitals & Clinics filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Salem Health Hospitals & Clinics. Not financial advice. Report a correction · Methodology