Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) match, vesting and fees
What Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567'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 | Kimberely Keenan | Schedule C ↗ |
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.
| Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567: employer contribution per participant | $6,358 | |
| Peer median | $2,361 |
| Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567: average balance | $134,775 | |
| Peer median | $60,193 |
| Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567: admin expenses ÷ assets | 0.39% | |
| 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 $64.1M at the end of plan year 2021 to $72.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 538 | $72.5M | $3.4M | $6,358 | 0.39% | Not published | Form 5500 ↗ |
| 2023 | 521 | $70M | $3.1M | $5,955 | 0.35% | Not published | Form 5500 ↗ |
| 2022 | 476 | $59M | $2.4M | $5,043 | 0.34% | Not published | Form 5500 ↗ |
| 2021 | 678 | $64.1M | $2.4M | $5,957 | 0.30% | Not published | Form 5500 ↗ |
Common questions
Does Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 match 401(k) contributions?
The match terms for the Profit Sharing & 401(k) Retirement Plan Local 567 have not been published from its filing yet. The plan year 2024 filing reports $3.4M in employer contributions, about $6,358 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) match vested?
The vesting schedule for the Profit Sharing & 401(k) Retirement Plan Local 567 is not in the data published so far. Your Summary Plan Description states it.
Who manages the Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Kimberely Keenan. The plan administrator is Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567.
I left Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567, (207) 786-9770) or the recordkeeper, Kimberely Keenan. The Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 old 401(k) page lists the contacts from every plan filing. Find an old Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 401(k)
Data from the public Form 5500 annual reports Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567 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 Board Directors of Profit Sharing & 401(k) Retirement Plan Local 567. Not financial advice. Report a correction · Methodology