South Lyon Medical Center 403(b) match, vesting and fees
What South Lyon Medical Center's 403(b) 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 | Cpi Qualified Plan Consultants, Inc | 2023 Schedule C ↗ |
| Independent auditor | Wipfli LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
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.
| South Lyon Medical Center: employer contribution per participant | $1,023 | |
| Peer median | $1,468 |
| South Lyon Medical Center: average balance | $28,585 | |
| Peer median | $37,786 |
| South Lyon Medical Center: admin expenses ÷ assets | 0.16% | |
| 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 $4.8M at the end of plan year 2021 to $5.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 199 | $5.1M | $182K | $1,023 | 0.16% | Not published | Form 5500 ↗ |
| 2023 | 205 | $4.4M | $125K | $741 | 0.78% | Not published | Form 5500 ↗ |
| 2022 | 206 | $4.1M | $114K | $681 | 0.74% | Not published | Form 5500 ↗ |
| 2021 | 202 | $4.8M | $123K | $753 | 0.81% | Not published | Form 5500 ↗ |
Common questions
Does South Lyon Medical Center match 401(k) contributions?
The match terms for the South Lyon Medical Center Tax Deferred Annuity Plan have not been published from its filing yet. The plan year 2024 filing reports $182K in employer contributions, about $1,023 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the South Lyon Medical Center 401(k) match vested?
The vesting schedule for the South Lyon Medical Center Tax Deferred Annuity Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the South Lyon Medical Center 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Cpi Qualified Plan Consultants, Inc. The plan administrator is South Lyon Medical Center, Inc..
I left South Lyon Medical Center. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (South Lyon Medical Center, Inc., (775) 463-6405) or the recordkeeper, Cpi Qualified Plan Consultants, Inc. The South Lyon Medical Center old 401(k) page lists the contacts from every plan filing. Find an old South Lyon Medical Center 401(k)
Data from the public Form 5500 annual reports South Lyon 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 South Lyon Medical Center. Not financial advice. Report a correction · Methodology