Napartet News ARCHIVE

Retirement plan contributions for qualified employees scheduled for deposit

The YKHC Board of Directors and Administration are excited to announce it has authorized and funded the maximum employer retirement plan contributions to qualified retirement plan participants for Plan Year 2023. Funds are schedule to be deposited no later than Tuesday, July 9.  Contribution amounts will be shown on next pay stub, listed as “Company Paid Benefits”.

For Plan Year 2023, YKHC matched 2% of 403b employee deferrals and contributed 6% in profit sharing to the 401a plan. The contributions total more than $6.5 million to be deposited into employee OneAmerica retirement accounts. YKHC has made a contribution at this level for more than six years. We are extremely pleased to be in the strong financial position to offer this benefit to our employees. The contributions were made possible by the hard work and dedication of our employees who worked diligently during the year to provide excellent care and services to our customers. Congratulations and thank you!   

Please contact HR Benefits with questions about eligibility or any other retirement plan questions.

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