How does the UHS stock plan work?

The UHS Employee Stock Purchase Plan gives you an easy, convenient way to share in the success of the company. You can purchase shares of UHS common stock through payroll deductions, if you meet eligibility requirements.

What is UHS 401k match?

Company match is 50% of the first 6%. Employee’s contribution is always 100% vested. Company match is 25% vested after 1 year of service, 50% after 2 years of service, 75% after 3 years of service, and 100% vested after 4 years of service.

Is UHS a Fortune 500 company?

About Universal Health Services, Inc. In 2020, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; ranked #281 on the Fortune 500; and in 2017, listed #275 in Forbes inaugural ranking of America’s Top 500 Public Companies.

What is UHS known for?

Universal Health Services, Inc. (UHS) is one of the largest and most respected providers of hospital and healthcare services in the nation with 89,000 employees dedicated to improving people’s lives and transforming the delivery of healthcare.

Are employee stock purchase programs worth it?

Are ESPPs good investments? These plans can be great investments if used correctly. Purchasing stock at a discount is certainly a valuable tool for accumulating wealth, but comes with investment risks you should consider. An ESPP plan with a 15% discount effectively yields an immediate 17.6% return on investment.

Should I sell ESPP immediately?

In a nutshell: Owning company shares is a HUGE benefit, especially when you manage those shares to their greatest advantage. As a general recommendation, we suggest selling 80% to 90% of your ESPP shares immediately after purchase and using the proceeds to improve your financial situation in other ways.

What happens to my ESPP when I quit?

With employee stock purchase plans (ESPP), when you leave, you’ll no longer be able to buy shares in the plan. Depending on the plan, withholding may occur for months before the next pre-determined purchase window.

Can you lose money with ESPP?

You can lose money on your ESPP plan if you don’t sell the company stock immediately and the price goes down. If you purchased the stock at a 10% discount and the stock price declines by 15%, then you would have lost money. Stocks, especially tech company stocks, are highly volatile.

How long should you hold ESPP?

one year
The advantage of qualifying for long-term capital gains is that these rates are usually lower than your ordinary income tax rate, but this strategy requires you to hold your shares for at least one year after you purchase them.

Can you lose money in ESPP?

When did UHS go public?

1981
In 1981, UHS held its initial public offering. In 1982, UHS purchased five hospitals from the Stewards Foundation, marking the first time a for-profit corporation purchased hospitals from a nonprofit religious organization.

Who owns Universal Health Services Inc?

Alan B. Miller
Alan B. Miller founded UHS in 1979 with six employees. Under Miller’s leadership, the company has grown exponentially, and today is an esteemed Fortune 300 corporation comprising an expansive international network with annual revenues of $11.4 billion in 2019.

Is free healthcare really free?

It’s important to note that “free” healthcare isn’t actually quite so free. Healthcare that is provided by government agencies is indirectly funded by citizens. Their taxes support all government operations, including healthcare expenditures.

Is ESPP better than 401k?

The no-match 401(k) is significantly better than the ESPP. The tax arbitrage in the 401(k) translates into a 7.04% IRR. Pretty impressive, because the net-of-fees equity return is only 5.90%, so you gain a full 114 basis points (1.14 percentage points) in annual returns from the tax arbitrage.

How long should I hold ESPP shares?

Should I invest in 401k or ESPP?

Employees who contribute to both types of plan tend to sock more money away overall, researchers found, with dual savers stashing 12.5% of their salaries in 401(k) accounts and 6.3% in ESPPs, compared with an 8.8% savings rate among people who invest in a 401(k) alone.

How many hospitals does UHS have in the US?

Universal Health Services (UHS), one of the nation’s largest and most respected providers of hospital and healthcare services, has 400+ acute care hospitals, behavioral health facilities and ambulatory centers across the U.S., Puerto Rico and the U.K.

Does UHS have a retirement plan?

Yes UHS have a generous retirement plan. Answered November 7, 2017 – Licensed Vocational Nurse (LVN) (Current Employee) – San Antonio, TX. Yes they match what you contribute. Answered October 22, 2017 – Financial Access Specialist (Former Employee) – San Antonio, TX.

What are some examples of employee benefits?

Some examples of employee benefits your company many consider offering: Health Insurance (medical, dental, vision, Rx) Short and Long Term Disability Insurance Life Insurance ESOP IRA/401(k) Plan (matching) Tuition Reimbursement Day Care Subsidy Transportation/Parking Subsidy

What basic benefits must company provide employees?

Bonus,

How much should employers contribute to employee benefits?

There are two HSA contribution levels for employers. For employers whose companies have fewer than 500 employees, the average contribution for a single employee is $750 and $1,200 for an employee with a family.