Grady Memorial Hospital Corporation 401(k) Plan: Login, Facts & Contact Information

Grady Memorial Hospital Corporation 401(k) Plan Facts

Plan name
GRADY MEMORIAL HOSPITAL CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GRADY MEMORIAL HOSPITAL CORPORATION
Participants
8,969 (7,052 active employees)
Former employees with a balance
3,514
Plan assets
$334,874,303 at Dec 31, 2023
Average account balance
$32,433 across 10,325 accounts
Employer contributions
$13,149,313 in plan year 2023 (29% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 2009
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Nov 8, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $45.7 million went into the plan in contributions, $13.1 million of it from the employer (29%).
  • $30.7 million was paid out to participants.
  • Investment and other income added $42.3 million.
  • Administrative expenses were $352,276, about $34 per account.

How the Grady Memorial Hospital Corporation 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20186,413$183.8 million$9.84 million$16.3 million
20197,322$238.8 million$11.4 million$17.1 million
20207,482$279.9 million$12.5 million$32.7 million
20218,073$319.9 million$11.9 million$32.1 million
20228,167$277.7 million$11.7 million$32.2 million
20238,969$334.9 million$13.1 million$30.7 million

Grady Memorial Hospital Corporation 401(k) Contact Information

Phone
404-616-1944
Mailing address
80 JESSE HILL JR. DRIVE SE, ATLANTA GA 30303
Plan sponsor
GRADY MEMORIAL HOSPITAL CORPORATION
Employer identification number (EIN)
26-2037695
Plan number
001

Questions about the Grady Memorial Hospital Corporation 401(k)

Does Grady Memorial Hospital Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $13.1 million, 29% of all contributions.

Does the Grady Memorial Hospital Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Grady Memorial Hospital Corporation 401(k) plan?

8,969 participants at the start of plan year 2023, 7,052 of them active employees, and 3,514 former employees who still had money in the plan.

What is the average 401(k) balance at Grady Memorial Hospital Corporation?

About $32,433 per account: $334.9 million in plan assets across 10,325 accounts with a balance at the end of plan year 2023.

Who manages the Grady Memorial Hospital Corporation 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Grady Memorial Hospital Corporation. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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