Always Answer 401(k) match, vesting and fees
What Always Answer's 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 | Empower Annuity Insurance Co.Of Ame | Schedule C ↗ |
| Independent auditor | Lee Cpa Audit Group (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,446 defined-contribution plans in administrative, support and waste management services with 100 to 499 participants.
| Always Answer: employer contribution per participant | $1,672 | |
| Peer median | $1,495 |
| Always Answer: average balance | $35,264 | |
| Peer median | $34,563 |
| Always Answer: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.51% |
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 $5.9M at the end of plan year 2021 to $7.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 221 | $7.3M | $346K | $1,672 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 194 | $6.1M | $0 | $0 | 0.33% | Not published | Form 5500 ↗ |
| 2022 | 199 | $5.1M | $367K | $1,997 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 191 | $5.9M | $329K | $2,057 | 0.12% | Not published | Form 5500 ↗ |
Other Always Answer plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Always Answer Cash Balance Plan
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 | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Always Answer match 401(k) contributions?
The match terms for the Always Answer 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $346K in employer contributions, about $1,672 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Always Answer 401(k) match vested?
The vesting schedule for the Always Answer 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Always Answer 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Co.Of Ame. The plan administrator is Always Answer, Inc..
I left Always Answer. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Always Answer, Inc., (214) 361-6684) or the recordkeeper, Empower Annuity Insurance Co.Of Ame. The Always Answer old 401(k) page lists the contacts from every plan filing. Find an old Always Answer 401(k)
Data from the public Form 5500 annual reports Always Answer 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 Always Answer. Not financial advice. Report a correction · Methodology