Austin Powder 401(k) match, vesting and fees
What Austin Powder'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 Company | Schedule C ↗ |
| Independent auditor | Cbiz Cpss P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Austin Powder: employer contribution per participant | $2,194 | |
| Peer median | $2,413 |
| Austin Powder: average balance | $92,934 | |
| Peer median | $86,456 |
| Austin Powder: admin expenses ÷ assets | 0.17% | |
| Peer median | 0.12% |
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 $144M at the end of plan year 2021 to $137M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,498 | $137M | $3.2M | $2,194 | 0.17% | Not published | Form 5500 ↗ |
| 2023 | 1,511 | $132M | $3M | $2,039 | 0.22% | Not published | Form 5500 ↗ |
| 2022 | 1,497 | $121M | $2.9M | $1,987 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 1,512 | $144M | $2.9M | $1,926 | 0.23% | Not published | Form 5500 ↗ |
Common questions
Does Austin Powder match 401(k) contributions?
The match terms for the Austin Powder 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $3.2M in employer contributions, about $2,194 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Austin Powder 401(k) match vested?
The vesting schedule for the Austin Powder 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Austin Powder 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Austin Powder Company.
I left Austin Powder. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Austin Powder Company, (216) 839-5428) or the recordkeeper, Principal Life Insurance Company. The Austin Powder old 401(k) page lists the contacts from every plan filing. Find an old Austin Powder 401(k)
Data from the public Form 5500 annual reports Austin Powder 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 Austin Powder. Not financial advice. Report a correction · Methodology