Only employees of the University of Colorado Hospital Authority ("UCHA") are eligible to participate in the UCHA Retirement Plans. A "UCHA employee" is an employee that was hired or rehired by UCHA prior to Dec 24,2023 and remains continuously employed.

All UCHA employees were automatically enrolled in the 401(a) Fixed Contribution Account upon hire or rehire. Your enrollment in the 403(b) Matching Account and the 457(b) Deferred Compensation Plan become effective once you complete enrollment by electing a contribution amount.

UCHA employees can voluntarily enroll in the 403(b) Matching Account and the 457(b) Deferred Compensation Plan online through NetBenefits^® or by contacting Fidelity. You must elect a contribution amount and investment for each plan separately.

UCHA employees are required to contribute 6.2% of eligible compensation each pay period to this plan (in lieu of participating in Social Security), up to the annual IRS imposed wage limit. To choose your investments, go online to NetBenefits^® or call the Fidelity Participant Service Center at 1-800-343-0860.

All UCHA employees can choose to participate in the voluntary 403(b) Matching Account by electing the percentage they want to contribute, up to 70% each pay period through NetBenefits^® or by calling the Fidelity Participant Service Center at 1-800-343-0860. UCHealth matches eligible employee contributions dollar-for-dollar, up to 3% of per pay period earnings. Employees must have an active election and be a .5 FTE or greater status within the pay period in order to be eligible to receive the match.

Eligible UCHA employees can also choose to participate in the voluntary 457(b) Deferred Compensation Plan by electing a percentage they want to contribute, up to 70% each pay period through NetBenefits^® or by calling the Fidelity Participant Service Center at 1-800-343-0860. Flex/relief employees, per diem employees and Travelers employees are not eligible to participate in this Plan.

The Basic Pension Plan is not serviced by Fidelity but should be considered an important part of UCHA employee's retirement savings strategy. The Basic Pension Plan is a defined benefit plan that uses a set formula to calculate what your pension benefit will be.

The Basic Pension Plan is designed to provide you with monthly retirement income that will supplement the amounts you may receive from your three other components of the UCHA retirement plan. This is a tax-qualified governmental plan and is in compliance with regulations governing retirement plans.

There is a fixed dollar administrative fee of $28.00 per year ($7.00 per quarter). This flat administrative fee is the same for all plan participants, regardless of the account balance or investment options held.

We encourage you to take an active role in the UCHA Retirement Plans and choose investment options that best suit your goals, time horizon, and risk tolerance. If you do not select specific investment options in the Plans, your contributions will be invested in the Fidelity Freedom Blend Commingled Pool Class T 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 UCHA.

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 Blend Income Commingled Pool Class T. More information about the Fidelity Freedom Blend Commingled Pool Class T options can be found through NetBenefits^®.

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.

The 2025 IRS limit for 403(b) and 457(b) plan contributions is $23,500 (respectively).

If age 50 or older during the calendar year, the IRS allows you to contribute an additional $7,500 of contributions as catch-up contributions to the 403(b) and 457(b) plan (respectively).

UCHA employees are always 100% vested in their own contributions and any earnings on contributions. For the 403(b) employer-matching contributions, the following vesting schedule applies:

Years of Service	Vested Percentage
1	20
2	40
3	60
4	80
5	100

To help you meet your investment goals, the plan 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 UCHA retirement plans 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.

For those desiring the most investment flexibility and choice, the Plan offers Fidelity BrokerageLink^®, a self-directed brokerage account, which provides you with the opportunity to select from thousands of mutual funds and other investment options - beyond those offered in the standard plan lineup. More information about BrokerageLink^®, including an overview, the commission schedule, and a fact sheet that outlines the Plan-level restrictions and other settings, is available online at NetBenefits. Click on "Quick Links," then select "BrokerageLink."

Although these accounts are intended for income during retirement, active UCHA employees may borrow from their own 403(b) or 457(b) plan for any reason. Please note, employees may only have one loan outstanding at a time and the loan can only be taken from employee contribution sources. You can borrow up to 50% of your account balance or up to $50,000 within a 12 month period. The minimum loan amount is $1,000. Borrowers make loan repayments directly to Fidelity, plus interest, via after-tax ACH from their personal checking account. The cost to initiate a loan is $75.00, and there is a quarterly maintenance fee of $6.25. The initiation and maintenance fees will be deducted directly from your individual plan account. If you fail to repay your loan (based on the original terms of the loan), it will be considered in "default" and treated as a distribution, making it subject to income tax and possibly to a 10% early withdrawal penalty. Defaulted loans may also impact your eligibility to request additional loans. Be sure you understand the impact of taking a loan before you initiate a loan from your plan account.

Learn more about and/or request a loan by calling the Fidelity Participant Service Center at 1-800-343-0860.

• 401(a) Fixed Contribution Account.
  Withdrawals from the Fixed Contribution Account are generally permitted when you are not in active employment with UCHA or the controlled group, a Required Minimum Distribution (RMD), death, disability, or in the case of plan termination.


• 403(b) Matching Account.
  Withdrawals from the 403(b) Matching Account are generally permitted when you are not in active employment with UCHA or the controlled group, a Required Minimum Distribution (RMD), death, disability, or in the case of plan termination. In-service withdrawals including attainment of age 59½, rollover contribution distributions, hardship distributions and other qualifying in-service distributable event as defined by your plan, may be allowed.


• 457(b) Deferred Compensation Plan.
  Withdrawals from the 457(b) Deferred Compensation Plan are generally permitted when you are not in active employment with UCHA or the controlled group, a Required Minimum Distribution (RMD), death, disability, or in the case of plan termination. In-service withdrawals including attainment of age 59½, rollover contribution distributions, hardship distributions and other qualifying in-service distributable event as defined by your plan may be allowed.

• 401(a) Fixed Contribution Account. No rollovers allowed.


• 403(b) Matching Account. All qualified plans and IRAs are eligible.


• 457(b) Deferred Compensation Plan. All qualified plans are eligible. IRAs are not allowed.

Naming or updating your beneficiary is done done within NetBenefits^®. (If you do not designate a beneficiary, upon your death your account will be distributed according to the provisions of the Plan.)

Learn about exchanges, withdrawals, and more through NetBenefits^® or by calling the Fidelity Participant Service Center at 1-800-343-0860. In particular, you can access a withdrawal modeling tool, which shows the amount of federal income taxes and early withdrawal penalties you might pay, along with the amount of earnings you could potentially lose by taking a withdrawal.