Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $115.0 million was transferred out of the plan. Assets moved to the SUMMIT CITY MD 401(K) PLAN (sponsored by WP CITYMD BIDCO, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) Plan Facts (plan year 2022)

Plan name
WESTMED MEDICAL GROUP RETIREMENT SAVING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WESTCHESTER MEDICAL GROUP, P.C. D/B/A WESTMED MEDICAL GROUP
Participants
1,798
Former employees with a balance
0
Employer contributions
$19,405 in plan year 2022 (3% of all contributions)
Recordkeeper
Pierce, Fenner And Smith
Plan year
Jan 1, 2022 – Aug 31, 2022
Plan established
Jul 1, 1996
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 2022 (Jan 1, 2022 – Aug 31, 2022), filed Mar 23, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $762,789 went into the plan in contributions, $19,405 of it from the employer (3%).
  • $36.2 million was paid out to participants.

How the Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) changed, 20172022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017611$103.2 million$3.80 million$2.72 million
2018798$96.5 million$3.67 million$6.98 million
20192,211$173.1 million$7.11 million$8.31 million
20201,828$196.7 million$5.92 million$16.2 million
20211,841$178.3 million$872,232$57.1 million
2022 (final)1,798$0$19,405$36.2 million

Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) Contact Information

Phone
914-848-8500
Mailing address
800 WESTCHESTER AVENUE SUITE N-715, RYE BROOK NY 10573
Plan sponsor
WESTCHESTER MEDICAL GROUP, P.C. D/B/A WESTMED MEDICAL GROUP
Employer identification number (EIN)
13-3884168
Plan number
001

Questions about the Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k)

Is the Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the SUMMIT CITY MD 401(K) PLAN.

Does Westchester Medical Group, P.c. D/b/a Westmed Medical Group contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $19,405, 3% of all contributions.

Does the Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) have automatic enrollment?

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

How many people are in the Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) plan?

1,798 participants at the start of plan year 2022.

Who manages the Westchester Medical Group, P.c. D/b/a Westmed Medical Group 401(k) accounts?

PIERCE, FENNER AND SMITH is the plan's recordkeeper, which is where participants log in to see their balance.

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