Beacon Converters 401(k) match, vesting and fees

Plan year 2025 filingBeacon Converters, Inc. 401(k) Profit Sharing Plan · Plan 002 · EIN 22-1440652Updated Oct 2026

What Beacon Converters' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $199K in employer contributions, about $1,409 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$81,066
Average account balance
143
Participants (end of year)
$11.4M
Plan assets (end of year)
0.52%
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.

RecordkeeperThe Vanguard Group, Inc.Schedule C ↗
Independent auditorWiss & Company, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Beacon Converters: employer contribution per participant$1,409
Peer median$1,962
Beacon Converters: average balance$81,066
Peer median$75,225
Beacon Converters: admin expenses ÷ assets0.52%
Peer median0.32%

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 $7.7M at the end of plan year 2021 to $11.4M at the end of plan year 2025.

$7.7M2021$6.2M2022$8.1M2023$9.7M2024$11.4M2025
End-of-year figures from each plan year's Form 5500 filing for the Beacon Converters plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025143$11.4M$199K$1,4090.52%Not publishedForm 5500 ↗
2024151$9.7M$195K$1,3170.53%Not publishedForm 5500 ↗
2023139$8.1M$352K$2,5890.60%Not publishedForm 5500 ↗
2022127$6.2M$147K$1,2060.61%Not published5500-SF ↗
2021107$7.7M$122K$1,1620.58%Not published5500-SF ↗

Common questions

Does Beacon Converters match 401(k) contributions?

The match terms for the Beacon Converters, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2025 filing reports $199K in employer contributions, about $1,409 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Beacon Converters 401(k) match vested?

The vesting schedule for the Beacon Converters, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Beacon Converters 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is The Vanguard Group, Inc.. The plan administrator is Beacon Converters, Inc..

I left Beacon Converters. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Beacon Converters, Inc., (201) 797-2600) or the recordkeeper, The Vanguard Group, Inc.. The Beacon Converters old 401(k) page lists the contacts from every plan filing. Find an old Beacon Converters 401(k)

Data from the public Form 5500 annual reports Beacon Converters filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Beacon Converters. Not financial advice. Report a correction · Methodology