Bloom Engineering 401(k) match, vesting and fees
What Bloom Engineering'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 | Voya Retirement Insurance and Annui | Schedule C ↗ |
| Independent auditor | Goff Backa Alfera & Company (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Bloom Engineering: employer contribution per participant | $7,625 | |
| Peer median | $1,847 |
| Bloom Engineering: average balance | $122,314 | |
| Peer median | $65,512 |
| Bloom Engineering: admin expenses ÷ assets | 0.27% | |
| Peer median | 0.32% |
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 $12.4M at the end of plan year 2021 to $15M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 123 | $15M | $938K | $7,625 | 0.27% | Not published | Form 5500 ↗ |
| 2023 | 126 | $12.3M | $812K | $6,764 | 0.26% | Not published | Form 5500 ↗ |
| 2022 | 121 | $10.7M | $702K | $6,103 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 115 | $12.4M | $626K | $5,906 | 0.62% | Not published | Form 5500 ↗ |
Other Bloom Engineering plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Bloom Engineering Company, Inc. Restated Pension Plan for Salaried Employees
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.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Pension Agreement Between Bloom Engineering Company, Inc. and United Steelworkers of America
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.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Bloom Engineering match 401(k) contributions?
The match terms for the Bloom Engineering Company, Inc. Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $938K in employer contributions, about $7,625 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Bloom Engineering 401(k) match vested?
The vesting schedule for the Bloom Engineering Company, Inc. Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Bloom Engineering 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance and Annui. The plan administrator is Bloom Engineering Company, Inc..
I left Bloom Engineering. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bloom Engineering Company, Inc., (412) 653-3500) or the recordkeeper, Voya Retirement Insurance and Annui. The Bloom Engineering old 401(k) page lists the contacts from every plan filing. Find an old Bloom Engineering 401(k)
Data from the public Form 5500 annual reports Bloom Engineering 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 Bloom Engineering. Not financial advice. Report a correction · Methodology