Southeast Mississippi Rural Health Initiative 403(b) match, vesting and fees
What Southeast Mississippi Rural Health Initiative'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 | Variable Annuity Life Insurance Co | Schedule C ↗ |
| Independent auditor | Matthews, Cutrer, and Lindsay, P.A. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
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.
| Southeast Mississippi Rural Health Initiative: employer contribution per participant | $1,076 | |
| Peer median | $1,468 |
| Southeast Mississippi Rural Health Initiative: average balance | $34,157 | |
| Peer median | $37,786 |
| Southeast Mississippi Rural Health Initiative: admin expenses ÷ assets | 0.05% | |
| 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 $11.3M at the end of plan year 2021 to $14.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 444 | $14.8M | $466K | $1,076 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 460 | $13.1M | $1.1M | $2,331 | 0.05% | Not published | Form 5500 ↗ |
| 2022 | 330 | $10.9M | $322K | $1,060 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 338 | $11.3M | $327K | $1,191 | 0.04% | Not published | Form 5500 ↗ |
Common questions
Does Southeast Mississippi Rural Health Initiative match 401(k) contributions?
The match terms for the Southeast Mississippi Rural Health Initiative, Inc. Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $466K in employer contributions, about $1,076 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southeast Mississippi Rural Health Initiative 401(k) match vested?
The vesting schedule for the Southeast Mississippi Rural Health Initiative, Inc. Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southeast Mississippi Rural Health Initiative 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Variable Annuity Life Insurance Co. The plan administrator is Southeast Mississippi Rural Health Initiative, Inc..
I left Southeast Mississippi Rural Health Initiative. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southeast Mississippi Rural Health Initiative, Inc., (601) 545-8700) or the recordkeeper, Variable Annuity Life Insurance Co. The Southeast Mississippi Rural Health Initiative old 401(k) page lists the contacts from every plan filing. Find an old Southeast Mississippi Rural Health Initiative 401(k)
Data from the public Form 5500 annual reports Southeast Mississippi Rural Health Initiative 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 Southeast Mississippi Rural Health Initiative. Not financial advice. Report a correction · Methodology