For Atrium Health Floyd Teammates

Every day, you commit yourself to caring for the health of our patients and their families — and through that commitment you strengthen the communities we serve. We want you to feel the same pride for your own financial well-being as you have for the quality care you deliver and the support you provide to others. 

Social Security Resources

Atrium Health Floyd 401(k) Retirement Savings Plan and 401(k) Roth Savings Plan  


Atrium Health Floyd’s 401(k) savings plan and 401(k) Roth savings plan provide convenient ways to save money for retirement. 

All teammates who are at least 18 years old are eligible to defer compensation immediately.

Teammates who are at least 18 years old, have completed 90 days of service are eligible for Atrium Health Floyd’s matching contribution. 

Contributions — Atrium Health Floyd teammates may choose to make before-tax or after-tax contributions from one percent of eligible pay up to the annual federal limits. Teammates decide a contribution percentage, and Atrium Health Floyd matches it according to these guidelines: 

  • Atrium Health Floyd matches 100 percent on the first three percent of the employee’s contribution
  • Atrium Health Floyd matches 50 percent on the next two percent of the employee’s contribution
  • The maximum matching contribution from Atrium Health Floyd is four percent. To earn this maximum matching, teammates must contribute 5% 
  • The 401(k) savings plan and the 401(k) Roth savings plan are subject to a combined Federal limit and Atrium Health Floyd matching contribution.

New teammates may contribute immediately to the Atrium Health Floyd 401(k) plan. However, to receive an Atrium Health Floyd match, you must meet eligibility requirements.  

Enroll in 401(k) 
Learn more on the Transamerica website at

Access & Manage Your Account
Need financial planning help?

Cannon Financial Planning services:
(Schedule a financial wellness coaching session or access financial wellness resources)
Atrium Health Floyd, partners with Cannon Financial Strategists, to offer all Atrium Health Floyd employees confidential, unbiased and independent financial advice. Cannon advisors are on campus periodically throughout the year with the objective of evaluating your retirement plan and implementing any necessary changes. Cannon advisors’ advice includes, but isn’t limited to:

  • How to save
  • How to invest
  • How to retire
You are 100 percent vested in your retirement plans at the time of enrollment. You may borrow or take in-service withdrawals from the accounts, and you can take the accounts with you when you leave Atrium Health Floyd. This benefit also is provided to temporary (PRN) employees who meet eligibility requirements.   

Contact Human Resources if you have questions about your eligibility.  

The Atrium Health Floyd 401(k) savings plan and the 401(k) Roth savings plan are administered by TransAmerica Retirement Solutions (TRS). To learn more about Atrium Health Floyd’s retirement savings plans contact TRS at 888-676-5512 or online at   

Health Savings Account (HSA)

Includes contributions from both teammates and Atrium Health Floyd. Funds from the HSA are used to pay for eligible healthcare expenses. This includes prescription medications, vision and dental expenses, office visits, deductibles and co-insurance. HSA contributions and earnings are not taxed when the dollars are deposited or when the teammate takes them out for healthcare-related expenses. Teammates have investment options, similar to the 401K plan, once the account balance reaches $1,000. 


Atrium Health Floyd will help you fund your retirement by contributing dollars to your 401K and HSA accounts.

Teammate:  HSA 
Pretax contributions  $4,150 Teammate Only | $8,300 Family 
(Includes teammate and Atrium Health Floyd contribution)
After-tax contributions Yes
Catch-Up $1,000 (at age 55+ in for 2023)
Earnings Not taxed if used for qualified health expenses


Atrium Health Floyd: HSA 
Company Contributions 

Seed contributions: $500 Teammate Only; $1,000 Family

LiveWELL Incentives up to $175 Teammate Only; $350 Family

Vesting Immediate 100%


This refers to withdrawing money from your account and can be requested upon retirement, when you leave Atrium Health Floyd or become disabled. The plan document and IRS rules govern when you or your beneficiaries must begin receiving a distribution. 

Last Updated on 02/08/2024