Wayne Memorial Hospital 403(b) match, vesting and fees
What Wayne Memorial Hospital'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 | Benefit Plans Admin Services, Inc. | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · 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.
| Wayne Memorial Hospital: employer contribution per participant | $2,599 | |
| Peer median | $1,358 |
| Wayne Memorial Hospital: average balance | $65,181 | |
| Peer median | $44,442 |
| Wayne Memorial Hospital: admin expenses ÷ assets | 0.32% | |
| 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 $67.8M at the end of plan year 2021 to $78.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,605 | $78.8M | $3.1M | $2,599 | 0.32% | Not published | Form 5500 ↗ |
| 2023 | 1,540 | $70.1M | $2.7M | $2,177 | 0.38% | Not published | Form 5500 ↗ |
| 2022 | 1,481 | $58.8M | $2.6M | $2,140 | 0.39% | Not published | Form 5500 ↗ |
| 2021 | 1,429 | $67.8M | $2.4M | $1,992 | 0.43% | Not published | Form 5500 ↗ |
Other Wayne Memorial Hospital plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Wayne Memorial 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 | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Wayne Memorial Hospital match 401(k) contributions?
The match terms for the Wayne Memorial Defined Contribution 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $3.1M in employer contributions, about $2,599 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Wayne Memorial Hospital 401(k) match vested?
The vesting schedule for the Wayne Memorial Defined Contribution 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Wayne Memorial Hospital 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Benefit Plans Admin Services, Inc.. The plan administrator is Wayne Memorial Hospital.
I left Wayne Memorial Hospital. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Wayne Memorial Hospital, (570) 253-8100) or the recordkeeper, Benefit Plans Admin Services, Inc.. The Wayne Memorial Hospital old 401(k) page lists the contacts from every plan filing. Find an old Wayne Memorial Hospital 401(k)
Data from the public Form 5500 annual reports Wayne Memorial Hospital 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 Wayne Memorial Hospital. Not financial advice. Report a correction · Methodology