Arc Minnesota 401(k) match, vesting and fees
What Arc Minnesota'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 | Principal Life Insurance | Schedule C ↗ |
| Independent auditor | Baker Tilley US 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 2,561 defined-contribution plans in other services with 100 to 499 participants.
| Arc Minnesota: employer contribution per participant | $845 | |
| Peer median | $1,803 |
| Arc Minnesota: average balance | $37,184 | |
| Peer median | $48,934 |
| Arc Minnesota: admin expenses ÷ assets | 0.34% | |
| Peer median | 0.31% |
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 $6.5M at the end of plan year 2021 to $6.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 173 | $6.4M | $146K | $845 | 0.34% | Not published | Form 5500 ↗ |
| 2023 | 236 | $6.4M | $81K | $353 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 244 | $5.4M | $56K | $241 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 234 | $6.5M | $63K | $271 | 0.05% | Not published | Form 5500 ↗ |
Other Arc Minnesota plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Tax Deferred Annuity Plan of the Arc of Minnesota
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 ↗ |
Common questions
Does Arc Minnesota match 401(k) contributions?
The match terms for the 401(k) Profit Sharing Plan of the Arc Minnesota, Inc. have not been published from its filing yet. The plan year 2024 filing reports $146K in employer contributions, about $845 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Arc Minnesota 401(k) match vested?
The vesting schedule for the 401(k) Profit Sharing Plan of the Arc Minnesota, Inc. is not in the data published so far. Your Summary Plan Description states it.
Who manages the Arc Minnesota 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance. The plan administrator is The Arc Minnesota, Inc..
I left Arc Minnesota. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Arc Minnesota, Inc., (952) 920-0855) or the recordkeeper, Principal Life Insurance. The Arc Minnesota old 401(k) page lists the contacts from every plan filing. Find an old Arc Minnesota 401(k)
Data from the public Form 5500 annual reports Arc Minnesota 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 Arc Minnesota. Not financial advice. Report a correction · Methodology