Shore Memorial Hospital DBA Shore Medical Center 401(k) match, vesting and fees
What Shore Memorial Hospital DBA Shore 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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,281 defined-contribution plans in health care and social assistance with 1,000 to 4,999 participants.
| Shore Memorial Hospital DBA Shore Medical Center: employer contribution per participant | $842 | |
| Peer median | $1,358 |
| Shore Memorial Hospital DBA Shore Medical Center: average balance | $30,359 | |
| Peer median | $44,442 |
| Shore Memorial Hospital DBA Shore Medical Center: admin expenses ÷ assets | 0.35% | |
| Peer median | 0.21% |
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 $47.4M at the end of plan year 2021 to $57.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,022 | $57.9M | $1.6M | $842 | 0.35% | Not published | Form 5500 ↗ |
| 2023 | 1,860 | $49.9M | $1.7M | $993 | 0.39% | Not published | Form 5500 ↗ |
| 2022 | 1,490 | $41M | $1.5M | $1,090 | 0.47% | Not published | Form 5500 ↗ |
| 2021 | 1,450 | $47.4M | $1.4M | $1,006 | 0.48% | Not published | Form 5500 ↗ |
Other Shore Memorial Hospital DBA Shore Medical Center plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Shore Medical Center 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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Shore Medical Center Pension 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 | Cbiz | Schedule C ↗ |
| Independent auditor | Grant Thornton, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Shore Memorial Hospital DBA Shore Medical Center match 401(k) contributions?
The match terms for the Shore Medical Center 401(k) Savings and Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $1.6M in employer contributions, about $842 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Shore Memorial Hospital DBA Shore Medical Center 401(k) match vested?
The vesting schedule for the Shore Medical Center 401(k) Savings and Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Shore Memorial Hospital DBA Shore Medical Center 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Shore Memorial Hospital DBA Shore Medical Center.
I left Shore Memorial Hospital DBA Shore Medical Center. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Shore Memorial Hospital DBA Shore Medical Center, (609) 653-3500) or the recordkeeper, Empower Annuity Insurance Company. The Shore Memorial Hospital DBA Shore Medical Center old 401(k) page lists the contacts from every plan filing. Find an old Shore Memorial Hospital DBA Shore Medical Center 401(k)
Data from the public Form 5500 annual reports Shore Memorial Hospital DBA Shore Medical Center 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 Shore Memorial Hospital DBA Shore Medical Center. Not financial advice. Report a correction · Methodology