Springfield Hospital 401(k) match, vesting and fees
What Springfield 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 | Variable Annuity Life Ins Company | Schedule C ↗ |
| Independent auditor | Bdmp Assurance, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Springfield Hospital: employer contribution per participant | $549 | |
| Peer median | $1,337 |
| Springfield Hospital: average balance | $51,140 | |
| Peer median | $35,764 |
| Springfield Hospital: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.32% |
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 $36.9M at the end of plan year 2023 to $38.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 991 | $38.7M | $415K | $549 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 969 | $36.9M | $306K | $409 | 0.17% | Not published | Form 5500 ↗ |
Other Springfield Hospital plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Springfield Hospital Pension Plan
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 | Bdmp Assurance, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Springfield Hospital match 401(k) contributions?
The match terms for the Springfield 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $415K in employer contributions, about $549 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Springfield Hospital 401(k) match vested?
The vesting schedule for the Springfield 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Springfield Hospital 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Variable Annuity Life Ins Company. The plan administrator is Springfield Hospital.
I left Springfield Hospital. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Springfield Hospital, (802) 885-2151) or the recordkeeper, Variable Annuity Life Ins Company. The Springfield Hospital old 401(k) page lists the contacts from every plan filing. Find an old Springfield Hospital 401(k)
Data from the public Form 5500 annual reports Springfield 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 Springfield Hospital. Not financial advice. Report a correction · Methodology