Keck Medicine of USC 401(k) Retirement Plan
For USC Verdugo Hills, USC Physician Associates, and Las Vegas Healthcare Center
Your retirement account is managed by Fidelity Investments. USC will match 100% of your before-tax or Roth contributions up to a maximum of 4% of your eligible earnings on a paycheck by paycheck basis. You are always 100% vested in your own contributions; the USC Verdugo Hills and USC Physician Associates matching contributions vest on a sliding scale (20% per year) with full vesting at five years’ service in which you complete 1000 hours or more in each plan year. Your contributions begin with the pay period following enrollment.
The Participant Fee Disclosure Notice, required by the Department of Labor, was developed to help ensure that participants (and also employees who are not participating or not yet eligible to participate) receive sufficient information regarding their plan and the investment options available to them.
This publication contains information that can help you make informed decisions about any account you may have in the retirement plan and includes:
- Fees and expenses related to plan accounts
- Participant rights under the plan
- Rules related to providing investment direction
- Details about the plan's investment options, including investment-related fees and restrictions
For most participants, this notice will be provided annually. The most recent disclosures:
If you have any questions regarding this notice, please contact the USC Retirement Administration Office at email@example.com.