Arkansas Foundation for Medical 401(k) match, vesting and fees

Plan year 2024 filingAfmc 401k Retirement Plan · Plan 001 · EIN 23-7237381Updated Oct 2026

What Arkansas Foundation for Medical's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $693K in employer contributions, about $1,799 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$55,306
Average account balance
385
Participants (end of year)
$21.3M
Plan assets (end of year)
0.38%
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.

RecordkeeperVoya Retirement Insurance & AnnuitySchedule C ↗
Independent auditorLandmark Plc Cpa (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

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

Arkansas Foundation for Medical: employer contribution per participant$1,799
Peer median$1,803
Arkansas Foundation for Medical: average balance$55,306
Peer median$48,934
Arkansas Foundation for Medical: admin expenses ÷ assets0.38%
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 $19.9M at the end of plan year 2021 to $21.3M at the end of plan year 2024.

$19.9M2021$16.8M2022$19M2023$21.3M2024
End-of-year figures from each plan year's Form 5500 filing for the Arkansas Foundation for Medical plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024385$21.3M$693K$1,7990.38%Not publishedForm 5500 ↗
2023353$19M$645K$1,8530.37%Not publishedForm 5500 ↗
2022419$16.8M$629K$1,6180.35%Not publishedForm 5500 ↗
2021431$19.9M$617K$1,5430.36%Not publishedForm 5500 ↗

Common questions

Does Arkansas Foundation for Medical match 401(k) contributions?

The match terms for the Afmc 401k Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $693K in employer contributions, about $1,799 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Arkansas Foundation for Medical 401(k) match vested?

The vesting schedule for the Afmc 401k Retirement Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Arkansas Foundation for Medical 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Arkansas Foundation for Medical.

I left Arkansas Foundation for Medical. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Arkansas Foundation for Medical, (479) 573-7620) or the recordkeeper, Voya Retirement Insurance & Annuity. The Arkansas Foundation for Medical old 401(k) page lists the contacts from every plan filing. Find an old Arkansas Foundation for Medical 401(k)

Data from the public Form 5500 annual reports Arkansas Foundation for Medical 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 Arkansas Foundation for Medical. Not financial advice. Report a correction · Methodology