Canon Business Process Services 401(k) match, vesting and fees
What Canon Business Process Services' 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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 348 defined-contribution plans in wholesale trade with 1,000 to 4,999 participants.
| Canon Business Process Services: employer contribution per participant | $1,849 | |
| Peer median | $2,066 |
| Canon Business Process Services: average balance | $82,419 | |
| Peer median | $77,876 |
| Canon Business Process Services: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.14% |
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 $143M at the end of plan year 2021 to $152M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,888 | $152M | $3.4M | $1,849 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 1,953 | $146M | $3.4M | $1,801 | 0.10% | Not published | Form 5500 ↗ |
| 2022 | 1,974 | $124M | $3.2M | $1,676 | 0.09% | Not published | Form 5500 ↗ |
| 2021 | 1,975 | $143M | $3.1M | $1,612 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does Canon Business Process Services match 401(k) contributions?
The match terms for the Canon Business Process Services Retirement and Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $3.4M in employer contributions, about $1,849 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Canon Business Process Services 401(k) match vested?
The vesting schedule for the Canon Business Process Services Retirement and Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Canon Business Process Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Canon Business Process Services, Inc..
I left Canon Business Process Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Canon Business Process Services, Inc., (212) 502-2128) or the recordkeeper, The Vanguard Group, Inc.. The Canon Business Process Services old 401(k) page lists the contacts from every plan filing. Find an old Canon Business Process Services 401(k)
Data from the public Form 5500 annual reports Canon Business Process 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 Canon Business Process Services. Not financial advice. Report a correction · Methodology