Altamira Material Solutions 401(k) match, vesting and fees
What Altamira Material Solutions' 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 | Schwab Retirement Plan Services, in | Schedule C ↗ |
| Independent auditor | Wipfli LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Altamira Material Solutions: employer contribution per participant | $3,836 | |
| Peer median | $1,847 |
| Altamira Material Solutions: average balance | $82,546 | |
| Peer median | $65,512 |
| Altamira Material Solutions: admin expenses ÷ assets | 0.36% | |
| Peer median | 0.32% |
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 $10.4M at the end of plan year 2022 to $17M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 247 | $17M | $790K | $3,836 | 0.36% | Not published | Form 5500 ↗ |
| 2023 | 173 | $12.7M | $785K | $4,589 | 0.32% | Not published | Form 5500 ↗ |
| 2022 | 171 | $10.4M | $792K | $4,687 | 0.25% | Not published | Form 5500 ↗ |
Common questions
Does Altamira Material Solutions match 401(k) contributions?
The match terms for the Altamira Material Solutions, LP Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $790K in employer contributions, about $3,836 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Altamira Material Solutions 401(k) match vested?
The vesting schedule for the Altamira Material Solutions, LP Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Altamira Material Solutions 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services, in. The plan administrator is Altamira Material Solutions, LP.
I left Altamira Material Solutions. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Altamira Material Solutions, LP, (713) 983-4240) or the recordkeeper, Schwab Retirement Plan Services, in. The Altamira Material Solutions old 401(k) page lists the contacts from every plan filing. Find an old Altamira Material Solutions 401(k)
Data from the public Form 5500 annual reports Altamira Material Solutions filed with the U.S. Department of Labor (plan years 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 Altamira Material Solutions. Not financial advice. Report a correction · Methodology