Tidewater Physicians Multispecialty Group 401(k) match, vesting and fees
What Tidewater Physicians Multispecialty Group'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 | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Cherry Bekaert 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 1,281 defined-contribution plans in health care and social assistance with 1,000 to 4,999 participants.
| Tidewater Physicians Multispecialty Group: employer contribution per participant | $4,698 | |
| Peer median | $1,358 |
| Tidewater Physicians Multispecialty Group: average balance | $117,348 | |
| Peer median | $44,442 |
| Tidewater Physicians Multispecialty Group: admin expenses ÷ assets | 0.14% | |
| Peer median | 0.21% |
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 $134M at the end of plan year 2021 to $169M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,464 | $169M | $6.8M | $4,698 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 1,461 | $146M | $5.4M | $3,735 | 0.14% | Not published | Form 5500 ↗ |
| 2022 | 1,365 | $119M | $7.5M | $5,692 | 0.16% | Not published | Form 5500 ↗ |
| 2021 | 1,285 | $134M | $4.8M | $3,763 | 0.17% | Not published | Form 5500 ↗ |
Common questions
Does Tidewater Physicians Multispecialty Group match 401(k) contributions?
The match terms for the Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $6.8M in employer contributions, about $4,698 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Tidewater Physicians Multispecialty Group 401(k) match vested?
The vesting schedule for the Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Tidewater Physicians Multispecialty Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Tidewater Physicians Multispecialty Group, P.C..
I left Tidewater Physicians Multispecialty Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Tidewater Physicians Multispecialty Group, P.C., (757) 232-8764) or the recordkeeper, Schwab Retirement Plan Services,inc. The Tidewater Physicians Multispecialty Group old 401(k) page lists the contacts from every plan filing. Find an old Tidewater Physicians Multispecialty Group 401(k)
Data from the public Form 5500 annual reports Tidewater Physicians Multispecialty Group 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 Tidewater Physicians Multispecialty Group. Not financial advice. Report a correction · Methodology