South Peninsula Hospital 403(b) match, vesting and fees
What South Peninsula Hospital'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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Cherry Bekaert (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,671 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| South Peninsula Hospital: employer contribution per participant | $2,857 | |
| Peer median | $1,470 |
| South Peninsula Hospital: average balance | $24,650 | |
| Peer median | $37,795 |
| South Peninsula Hospital: admin expenses ÷ assets | 0.41% | |
| 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 $7.3M at the end of plan year 2023 to $9.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 516 | $9.7M | $1.1M | $2,857 | 0.41% | Not published | Form 5500 ↗ |
| 2023 | 454 | $7.3M | $905K | $2,685 | 0.44% | Not published | Form 5500 ↗ |
Other South Peninsula Hospital plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
South Peninsula Hospital 403(b) Plan for Non-Union Employees
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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Cherry Bekaert (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
South Peninsula Hospital Employees Pension Plan and Trust
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.
| Independent auditor | Cherry Bekaert (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does South Peninsula Hospital match 401(k) contributions?
The match terms for the South Peninsula Hospital 403(b) Plan for Union Employees have not been published from its filing yet. The plan year 2024 filing reports $1.1M in employer contributions, about $2,857 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the South Peninsula Hospital 401(k) match vested?
The vesting schedule for the South Peninsula Hospital 403(b) Plan for Union Employees is not in the data published so far. Your Summary Plan Description states it.
Who manages the South Peninsula Hospital 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is South Peninsula Hospital, Inc..
I left South Peninsula Hospital. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (South Peninsula Hospital, Inc., (907) 235-8101) or the recordkeeper, Newport Group, Inc.. The South Peninsula Hospital old 401(k) page lists the contacts from every plan filing. Find an old South Peninsula Hospital 401(k)
Data from the public Form 5500 annual reports South Peninsula Hospital 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 South Peninsula Hospital. Not financial advice. Report a correction · Methodology