Akron Summit Community Action 403(b) match, vesting and fees

Plan year 2024 filingAkron Summit Community Action, Inc. 403(b) Plan · Plan 001 · EIN 34-0965339Updated Oct 2026

What Akron Summit Community Action's 403(b) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $624K in employer contributions, about $1,638 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$41,711
Average account balance
387
Participants (end of year)
$15.9M
Plan assets (end of year)
0.81%
Admin expenses ÷ assets

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.

RecordkeeperGwn SecuritiesSchedule C ↗
Independent auditorWipfli LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status403(b) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 2,561 defined-contribution plans in other services with 100 to 499 participants.

Akron Summit Community Action: employer contribution per participant$1,638
Peer median$1,803
Akron Summit Community Action: average balance$41,711
Peer median$48,934
Akron Summit Community Action: admin expenses ÷ assets0.81%
Peer median0.31%

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 $15.3M at the end of plan year 2021 to $15.9M at the end of plan year 2024.

$15.3M2021$13.2M2022$15.2M2023$15.9M2024
End-of-year figures from each plan year's Form 5500 filing for the Akron Summit Community Action plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024387$15.9M$624K$1,6380.81%Not publishedForm 5500 ↗
2023412$15.2M$598K$1,4770.77%Not publishedForm 5500 ↗
2022418$13.2M$591K$1,4350.81%Not publishedForm 5500 ↗
2021420$15.3M$562K$1,3500.76%Not publishedForm 5500 ↗

Common questions

Does Akron Summit Community Action match 401(k) contributions?

The match terms for the Akron Summit Community Action, Inc. 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $624K in employer contributions, about $1,638 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Akron Summit Community Action 401(k) match vested?

The vesting schedule for the Akron Summit Community Action, Inc. 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Akron Summit Community Action 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Gwn Securities. The plan administrator is Akron Summit Community Action, Inc..

I left Akron Summit Community Action. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Akron Summit Community Action, Inc., (330) 376-7730) or the recordkeeper, Gwn Securities. The Akron Summit Community Action old 401(k) page lists the contacts from every plan filing. Find an old Akron Summit Community Action 401(k)

Data from the public Form 5500 annual reports Akron Summit Community Action filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Akron Summit Community Action. Not financial advice. Report a correction · Methodology