Brockton Area Multi-Services 403(b) match, vesting and fees
What Brockton Area Multi-Services' 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 | Principal Life Insurance Company | 2023 Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Brockton Area Multi-Services: employer contribution per participant | $12 | |
| Peer median | $1,337 |
| Brockton Area Multi-Services: average balance | $22,721 | |
| Peer median | $35,764 |
| Brockton Area Multi-Services: admin expenses ÷ assets | 0.43% | |
| 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 $11M at the end of plan year 2021 to $16.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,568 | $16.1M | $8,184 | $12 | 0.43% | Not published | Form 5500 ↗ |
| 2023 | 1,454 | $12.8M | $21K | $42 | 0.59% | Not published | Form 5500 ↗ |
| 2022 | 1,518 | $10.6M | $454K | $1,027 | 0.80% | Not published | Form 5500 ↗ |
| 2021 | 1,628 | $11M | $396K | $992 | 1.01% | Not published | Form 5500 ↗ |
Common questions
Does Brockton Area Multi-Services match 401(k) contributions?
The match terms for the Bamsi 403(b) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $8,184 in employer contributions, about $12 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Brockton Area Multi-Services 401(k) match vested?
The vesting schedule for the Bamsi 403(b) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Brockton Area Multi-Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Principal Life Insurance Company. The plan administrator is Brockton Area Multi-Services, Inc..
I left Brockton Area Multi-Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Brockton Area Multi-Services, Inc., (508) 484-7109) or the recordkeeper, Principal Life Insurance Company. The Brockton Area Multi-Services old 401(k) page lists the contacts from every plan filing. Find an old Brockton Area Multi-Services 401(k)
Data from the public Form 5500 annual reports Brockton Area Multi-Services 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 Brockton Area Multi-Services. Not financial advice. Report a correction · Methodology