Bread for City 403(b) match, vesting and fees
What Bread for City's 403(b) 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 | Professional Capital Services, LLC | Schedule C ↗ |
| Independent auditor | Bert Smith & Co. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Bread for City: employer contribution per participant | $1,816 | |
| Peer median | $1,468 |
| Bread for City: average balance | $54,684 | |
| Peer median | $37,786 |
| Bread for City: admin expenses ÷ assets | 1.03% | |
| Peer median | 0.39% |
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 $6M at the end of plan year 2021 to $9.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 174 | $9.1M | $303K | $1,816 | 1.03% | Not published | Form 5500 ↗ |
| 2023 | 192 | $8.2M | $272K | $1,431 | 0.93% | Not published | Form 5500 ↗ |
| 2022 | 183 | $6.6M | — | — | 1.06% | Not published | Form 5500 ↗ |
| 2021 | 184 | $6M | $280K | $1,556 | 1.06% | Not published | Form 5500 ↗ |
Common questions
Does Bread for City match 401(k) contributions?
The match terms for the Bread for the City, Inc. 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $303K in employer contributions, about $1,816 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Bread for City 401(k) match vested?
The vesting schedule for the Bread for the City, Inc. 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Bread for City 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Professional Capital Services, LLC. The plan administrator is Bread for City, Inc..
I left Bread for City. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bread for City, Inc., (202) 265-2400) or the recordkeeper, Professional Capital Services, LLC. The Bread for City old 401(k) page lists the contacts from every plan filing. Find an old Bread for City 401(k)
Data from the public Form 5500 annual reports Bread for City 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 Bread for City. Not financial advice. Report a correction · Methodology