Armed Forces Benefit Association 401(k) match, vesting and fees
What Armed Forces Benefit Association'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 Company | Schedule C ↗ |
| Independent auditor | Johnson Lambert 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.
| Armed Forces Benefit Association: employer contribution per participant | $4,134 | |
| Peer median | $1,803 |
| Armed Forces Benefit Association: average balance | $214,251 | |
| Peer median | $48,934 |
| Armed Forces Benefit Association: admin expenses ÷ assets | 0.02% | |
| 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 $45M at the end of plan year 2021 to $49.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 256 | $49.1M | $947K | $4,134 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 250 | $44.7M | $766K | $3,449 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 242 | $37.6M | $738K | $3,466 | 0.01% | Not published | Form 5500 ↗ |
| 2021 | 228 | $45M | $756K | $3,550 | 0.02% | Not published | Form 5500 ↗ |
Other Armed Forces Benefit Association plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Armed Forces Benefit Association Employee Pension 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.
| Independent auditor | Johnson Lambert LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Armed Forces Benefit Association match 401(k) contributions?
The match terms for the Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $947K in employer contributions, about $4,134 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Armed Forces Benefit Association 401(k) match vested?
The vesting schedule for the Armed Forces Benefit Association (Afba) 401(k) Incentive Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Armed Forces Benefit Association 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Armed Forces Benefit Association.
I left Armed Forces Benefit Association. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Armed Forces Benefit Association, (571) 357-7920) or the recordkeeper, Empower Annuity Insurance Company. The Armed Forces Benefit Association old 401(k) page lists the contacts from every plan filing. Find an old Armed Forces Benefit Association 401(k)
Data from the public Form 5500 annual reports Armed Forces Benefit Association 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 Armed Forces Benefit Association. Not financial advice. Report a correction · Methodology