Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital 401(k) match, vesting and fees
What Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital'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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Weaver and Tidwell, L.L.P. (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 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital: employer contribution per participant | $1,861 | |
| Peer median | $2,521 |
| Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital: average balance | $13,233 | |
| Peer median | $75,833 |
| Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital: admin expenses ÷ assets | 1.72% | |
| Peer median | 0.27% |
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 $480K at the end of plan year 2022 to $3.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 333 | $3.2M | $454K | $1,861 | 1.72% | Not published | Form 5500 ↗ |
| 2023 | 238 | $1.9M | $322K | $1,987 | 1.88% | Not published | 5500-SF ↗ |
| 2022 | 137 | $480K | $173K | $1,527 | 1.50% | Not published | 5500-SF ↗ |
Common questions
Does Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital match 401(k) contributions?
The match terms for the Townsen 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $454K in employer contributions, about $1,861 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital 401(k) match vested?
The vesting schedule for the Townsen 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital.
I left Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital, (346) 327-8302) or the recordkeeper, Empower Annuity Insurance Company. The Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital old 401(k) page lists the contacts from every plan filing. Find an old Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital 401(k)
Data from the public Form 5500 annual reports Southeast Texas Medical Ventures LLC DBA Townsen Memorial Hospital filed with the U.S. Department of Labor (plan years 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 Texas Medical Ventures LLC DBA Townsen Memorial Hospital. Not financial advice. Report a correction · Methodology