Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) match, vesting and fees
What Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution'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 | Milliman, Inc. | Schedule C ↗ |
| Independent auditor | Calibre Cpa Group, PLLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 263 defined-contribution plans in other services with 1,000 to 4,999 participants.
| Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution: employer contribution per participant | $371 | |
| Peer median | $1,431 |
| Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution: average balance | $19,173 | |
| Peer median | $42,646 |
| Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution: admin expenses ÷ assets | 0.63% | |
| Peer median | 0.23% |
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 $67.3M at the end of plan year 2023 to $82.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,321 | $82.8M | $1.6M | $371 | 0.63% | Not published | Form 5500 ↗ |
| 2023 | 4,955 | $67.3M | $2.5M | $604 | 0.74% | Not published | Form 5500 ↗ |
Common questions
Does Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution match 401(k) contributions?
The match terms for the Mechanics Local No. 701 Defined Contribution 401(K have not been published from its filing yet. The plan year 2024 filing reports $1.6M in employer contributions, about $371 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) match vested?
The vesting schedule for the Mechanics Local No. 701 Defined Contribution 401(K is not in the data published so far. Your Summary Plan Description states it.
Who manages the Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Milliman, Inc.. The plan administrator is Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution.
I left Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution, (708) 482-0110) or the recordkeeper, Milliman, Inc.. The Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution old 401(k) page lists the contacts from every plan filing. Find an old Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k)
Data from the public Form 5500 annual reports Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution filed with the U.S. Department of Labor (plan years 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 Bd of Trustees Automobile Mechanics Local No 701 Defined Contribution. Not financial advice. Report a correction · Methodology