Shore Medical Center 401(k) Plan: Login, Facts & Contact Information

Shore Medical Center 401(k) Plan Facts

Plan name
SHORE MEDICAL CENTER 401(K) SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHORE MEMORIAL HOSPITAL DBA SHORE MEDICAL CENTER
Participants
1,860 (1,310 active employees)
Former employees with a balance
696
Plan assets
$57,925,231 at Dec 31, 2024
Average account balance
$30,359 across 1,908 accounts
Employer contributions
$1,607,353 in plan year 2024 (22% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 1, 2007
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.32 million went into the plan in contributions, $1.61 million of it from the employer (22%).
  • $5.93 million was paid out to participants.
  • Investment and other income added $6.84 million.
  • Administrative expenses were $186,553, about $98 per account.

How the Shore Medical Center 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,089$31.6 million$1.39 million$1.43 million
20201,186$39.2 million$1.13 million$2.77 million
20211,217$47.4 million$1.38 million$2.95 million
20221,450$41.0 million$1.55 million$4.07 million
20231,491$49.9 million$1.73 million$4.22 million
20241,860$57.9 million$1.61 million$5.93 million

Shore Medical Center 401(k) Contact Information

Phone
609-653-3500
Mailing address
100 MEDICAL CENTER WAY, SOMERS POINT NJ 08244
Plan sponsor
SHORE MEMORIAL HOSPITAL DBA SHORE MEDICAL CENTER
Employer identification number (EIN)
21-0660835
Plan number
005

Questions about the Shore Medical Center 401(k)

Does Shore Medical Center contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.61 million, 22% of all contributions.

Does the Shore Medical Center 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Shore Medical Center 401(k) plan?

1,860 participants at the start of plan year 2024, 1,310 of them active employees, and 696 former employees who still had money in the plan.

What is the average 401(k) balance at Shore Medical Center?

About $30,359 per account: $57.9 million in plan assets across 1,908 accounts with a balance at the end of plan year 2024.

Who manages the Shore Medical Center 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Shore Medical Center. How do I access my 401(k)?

Your account stays with Empower 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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