YNHH 401(a) Plan (57532)

Required Disclosure Information: View plan and fee information, along with details about your investment options


Key Plan Details

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Does the organization contribute to my account?

You must be making your own contributions to the YNHH 403(b) TSA Plan in order to receive YNHH matching contributions.

Employee Contribution Employer Match
1% of biweekly base pay 1.00%
2% of biweekly base pay 1.50%
3% of biweekly base pay 2.00%
4% of biweekly base pay 2.50%
5% or more of biweekly base pay 3.00%


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When am I vested?

Yale New Haven Health System's matching contributions and any earnings vest according to the following schedule:

Years of ServicePercent
10
220
350
475
5 or more100


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What are my investment options?

To help you meet your investment goals, YNHH offers you a range of options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. The investment options available through the Plan include conservative, moderately conservative, and aggressive funds. A complete description of the Plan’s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online.

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What if I don’t make an investment election?

We encourage you to take an active role in the YNHH 401(a) Plan and choose investment options that best suit your goals, time horizon, and risk tolerance. If you do not select specific investment options in the Plan, your contributions will be invested in the Fidelity Freedom® Fund Class K with the target retirement date closest to the year you might retire, based on your current age and assuming a retirement age of 65, at the direction of Yale New Haven Health System.

If no date of birth or an invalid date of birth is on file at Fidelity, your contributions may be invested in the Fidelity Freedom® Income Fund Class K. More information about the Fidelity Freedom® Fund Class K options can be found online.

Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.

Additional Important Information
Before investing in any mutual fund, consider the investment objectives, risks, charges, and expenses. Contact Fidelity for a mutual fund prospectus or, if available, a summary prospectus containing this information. Read it carefully.

Investing involves risk, including risk of loss.

This information provides only a summary of the main features of YNHH 401(a) Plan and the Plan Document will govern in the event of discrepancies.

The Plan is intended to be a participant-directed plan as described in Section 404(c) of ERISA, which means that fiduciaries of the Plan are ordinarily relieved of liability for any losses that are the direct and necessary result of investment instructions given by a participant or beneficiary.

Fidelity Brokerage Services LLC. Member NYSE. SIPC. 900 Salem Street, Smithfield, RI 02917

841796.9.32 57532.00

© 1996 - 2025 FMR LLC All rights reserved.

Provided by Fidelity

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