Salina Health Education Foundation 401(k) match, vesting and fees
What Salina Health Education Foundation'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 | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Kcoe Isom, 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 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Salina Health Education Foundation: employer contribution per participant | $3,752 | |
| Peer median | $1,468 |
| Salina Health Education Foundation: average balance | $84,498 | |
| Peer median | $37,786 |
| Salina Health Education Foundation: admin expenses ÷ assets | 0.43% | |
| 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 $11.6M at the end of plan year 2021 to $14.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 194 | $14.8M | $657K | $3,752 | 0.43% | Not published | Form 5500 ↗ |
| 2023 | 196 | $12M | $611K | $3,865 | 0.50% | Not published | Form 5500 ↗ |
| 2022 | 200 | $9.4M | $551K | $3,028 | 0.38% | Not published | Form 5500 ↗ |
| 2021 | 202 | $11.6M | $521K | $2,958 | 0.52% | Not published | Form 5500 ↗ |
Common questions
Does Salina Health Education Foundation match 401(k) contributions?
The match terms for the Salina Health Education Foundation, Inc. 403b Plan & Trust have not been published from its filing yet. The plan year 2024 filing reports $657K in employer contributions, about $3,752 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Salina Health Education Foundation 401(k) match vested?
The vesting schedule for the Salina Health Education Foundation, Inc. 403b Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Salina Health Education Foundation 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial, N.A.. The plan administrator is Salina Health Education Foundation, Inc..
I left Salina Health Education Foundation. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Salina Health Education Foundation, Inc., (785) 537-0366) or the recordkeeper, Alerus Financial, N.A.. The Salina Health Education Foundation old 401(k) page lists the contacts from every plan filing. Find an old Salina Health Education Foundation 401(k)
Data from the public Form 5500 annual reports Salina Health Education Foundation 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 Salina Health Education Foundation. Not financial advice. Report a correction · Methodology