Southwest Colorado Mental Health Center, Inc. DBA Axis Health System 401(k) match, vesting and fees
What Southwest Colorado Mental Health Center, Inc. DBA Axis Health System'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 | Forvis Mazars, LLP (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 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Southwest Colorado Mental Health Center, Inc. DBA Axis Health System: employer contribution per participant | $1,793 | |
| Peer median | $1,468 |
| Southwest Colorado Mental Health Center, Inc. DBA Axis Health System: average balance | $51,759 | |
| Peer median | $37,786 |
| Southwest Colorado Mental Health Center, Inc. DBA Axis Health System: admin expenses ÷ assets | 0.48% | |
| 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 $9.9M at the end of plan year 2021 to $23.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 586 | $23.3M | $808K | $1,793 | 0.48% | Not published | Form 5500 ↗ |
| 2023 | 625 | $21.3M | $961K | $2,071 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 416 | $18.7M | $998K | $2,400 | 0.15% | Not published | Form 5500 ↗ |
| 2021 | 442 | $9.9M | $673K | $1,974 | 0.17% | Not published | Form 5500 ↗ |
Common questions
Does Southwest Colorado Mental Health Center, Inc. DBA Axis Health System match 401(k) contributions?
The match terms for the Axis Health System 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $808K in employer contributions, about $1,793 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southwest Colorado Mental Health Center, Inc. DBA Axis Health System 401(k) match vested?
The vesting schedule for the Axis Health System 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southwest Colorado Mental Health Center, Inc. DBA Axis Health System 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Southwest Colorado Mental Health Center, Inc. DBA Axis Health System.
I left Southwest Colorado Mental Health Center, Inc. DBA Axis Health System. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southwest Colorado Mental Health Center, Inc. DBA Axis Health System, (970) 252-3235) or the recordkeeper, Empower Annuity Insurance Company. The Southwest Colorado Mental Health Center, Inc. DBA Axis Health System old 401(k) page lists the contacts from every plan filing. Find an old Southwest Colorado Mental Health Center, Inc. DBA Axis Health System 401(k)
Data from the public Form 5500 annual reports Southwest Colorado Mental Health Center, Inc. DBA Axis Health System 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 Southwest Colorado Mental Health Center, Inc. DBA Axis Health System. Not financial advice. Report a correction · Methodology