Butler National 401(k) match, vesting and fees

Plan year 2024 filingButler National Corporation 401(k) Profit Sharing Plan · Plan 001 · EIN 41-0834293Updated Oct 2026

What Butler National's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $890K in employer contributions, about $4,323 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$149,648
Average account balance
209
Participants (end of year)
$30.8M
Plan assets (end of year)
0.28%
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.

RecordkeeperNationwideSchedule C ↗
Independent auditorJohn J. Samyn Cpa LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.

Butler National: employer contribution per participant$4,323
Peer median$1,847
Butler National: average balance$149,648
Peer median$65,512
Butler National: admin expenses ÷ assets0.28%
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 $20M at the end of plan year 2021 to $30.8M at the end of plan year 2024.

$20M2021$18.8M2022$18.9M2023$30.8M2024
End-of-year figures from each plan year's Form 5500 filing for the Butler National plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024209$30.8M$890K$4,3230.28%Not publishedForm 5500 ↗
2023181$18.9M$750K$4,2370.30%Not publishedForm 5500 ↗
2022159$18.8M$783K$5,5150.25%Not publishedForm 5500 ↗
2021152$20M$807K$5,6820.28%Not publishedForm 5500 ↗

Common questions

Does Butler National match 401(k) contributions?

The match terms for the Butler National Corporation 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $890K in employer contributions, about $4,323 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Butler National 401(k) match vested?

The vesting schedule for the Butler National Corporation 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Butler National 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Nationwide. The plan administrator is Butler National Corporation.

I left Butler National. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Butler National Corporation, (913) 780-9595) or the recordkeeper, Nationwide. The Butler National old 401(k) page lists the contacts from every plan filing. Find an old Butler National 401(k)

Data from the public Form 5500 annual reports Butler National 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 Butler National. Not financial advice. Report a correction · Methodology