Sound Inpatient Physicians 401(k) match, vesting and fees
What Sound Inpatient Physicians' 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 | Usi Consulting Group, Inc. | Schedule C ↗ |
| Independent auditor | Worthy & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 219 defined-contribution plans in health care and social assistance with 5,000 to 9,999 participants.
| Sound Inpatient Physicians: employer contribution per participant | $1,405 | |
| Peer median | $1,897 |
| Sound Inpatient Physicians: average balance | $93,941 | |
| Peer median | $70,943 |
| Sound Inpatient Physicians: admin expenses ÷ assets | 0.08% | |
| 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 $511M at the end of plan year 2023 to $556M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 5,920 | $556M | $8.3M | $1,405 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 7,083 | $511M | $9.9M | $1,583 | 0.07% | Not published | Form 5500 ↗ |
Common questions
Does Sound Inpatient Physicians match 401(k) contributions?
The match terms for the Sound Physicians 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $8.3M in employer contributions, about $1,405 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sound Inpatient Physicians 401(k) match vested?
The vesting schedule for the Sound Physicians 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sound Inpatient Physicians 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Usi Consulting Group, Inc.. The plan administrator is Sound Inpatient Physicians, Inc..
I left Sound Inpatient Physicians. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sound Inpatient Physicians, Inc., (253) 682-6059) or the recordkeeper, Usi Consulting Group, Inc.. The Sound Inpatient Physicians old 401(k) page lists the contacts from every plan filing. Find an old Sound Inpatient Physicians 401(k)
Data from the public Form 5500 annual reports Sound Inpatient Physicians 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 Sound Inpatient Physicians. Not financial advice. Report a correction · Methodology