Signature Medical Group 401(k) match, vesting and fees
What Signature Medical Group'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 NA | Schedule C ↗ |
| Independent auditor | Armanino, 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.
| Signature Medical Group: employer contribution per participant | $3,451 | |
| Peer median | $1,337 |
| Signature Medical Group: average balance | $202,560 | |
| Peer median | $35,764 |
| Signature Medical Group: admin expenses ÷ assets | 0.23% | |
| 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 $125M at the end of plan year 2021 to $115M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 599 | $115M | $2M | $3,451 | 0.23% | Not published | Form 5500 ↗ |
| 2023 | 698 | $113M | $3.4M | $5,249 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 763 | $100M | $3.4M | $4,824 | 0.27% | Not published | Form 5500 ↗ |
| 2021 | 801 | $125M | $3.6M | $4,896 | 0.27% | Not published | Form 5500 ↗ |
Common questions
Does Signature Medical Group match 401(k) contributions?
The match terms for the Signature Medical Group, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $2M in employer contributions, about $3,451 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Signature Medical Group 401(k) match vested?
The vesting schedule for the Signature Medical Group, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Signature Medical Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial NA. The plan administrator is Signature Medical Group, Inc..
I left Signature Medical Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Signature Medical Group, Inc., (314) 849-0311) or the recordkeeper, Alerus Financial NA. The Signature Medical Group old 401(k) page lists the contacts from every plan filing. Find an old Signature Medical Group 401(k)
Data from the public Form 5500 annual reports Signature Medical Group 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 Signature Medical Group. Not financial advice. Report a correction · Methodology