Access Plans 401(k) match, vesting and fees
What Access Plans' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alerus Financial NA | Schedule C ↗ |
| Independent auditor | Lee Cpa Group (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,087 defined-contribution plans in professional, scientific, and technical services with 1,000 to 4,999 participants.
| Access Plans: employer contribution per participant | $1,227 | |
| Peer median | $2,556 |
| Access Plans: average balance | $38,894 | |
| Peer median | $100,166 |
| Access Plans: admin expenses ÷ assets | 0.35% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $16.6M at the end of plan year 2023 to $72.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,594 | $72.6M | $2.3M | $1,227 | 0.35% | Not published | Form 5500 ↗ |
| 2023 | 948 | $16.6M | $121K | $326 | 0.03% | Not published | Form 5500 ↗ |
Other Access Plans plans (4)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Rms Easyplan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alerus Financial NA | Schedule C ↗ |
| Independent auditor | Lee Cpa Group (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Rms Easyplan -403(B)
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Lee Cpa Group (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Access Solo Pooled Employer Plan - Series 1
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
The Access Pooled Employer Plan - Series 1
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | National Benefit Services | 2024 Schedule C ↗ |
| Plan type and status | Profit-sharing · Terminated (final filing) | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule I ↗ |
The recordkeeper is from the plan year 2024 filing, the latest that names one. The other rows are from the plan year 2025 filing.
Common questions
Does Access Plans match 401(k) contributions?
The match terms for the Access Pooled Employer Plan- Series II have not been published from its filing yet. The plan year 2024 filing reports $2.3M in employer contributions, about $1,227 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Access Plans 401(k) match vested?
The vesting schedule for the Access Pooled Employer Plan- Series II is not in the data published so far. Your Summary Plan Description states it.
Who manages the Access Plans 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial NA. The plan administrator is Alerus Financial NA.
I left Access Plans. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Alerus Financial NA, (800) 433-1685) or the recordkeeper, Alerus Financial NA. The Access Plans old 401(k) page lists the contacts from every plan filing. Find an old Access Plans 401(k)
Data from the public Form 5500 annual reports Access Plans filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Access Plans. Not financial advice. Report a correction · Methodology