Carris Financial 401(k) match, vesting and fees
What Carris Financial'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 | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Mcsoley and Mccoy (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,613 defined-contribution plans in manufacturing with 500 to 999 participants.
| Carris Financial: employer contribution per participant | $2,197 | |
| Peer median | $2,038 |
| Carris Financial: average balance | $48,938 | |
| Peer median | $72,951 |
| Carris Financial: admin expenses ÷ assets | 0.27% | |
| Peer median | 0.20% |
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 $26.4M at the end of plan year 2023 to $25.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 587 | $25.7M | $1.2M | $2,197 | 0.27% | Not published | Form 5500 ↗ |
| 2023 | 659 | $26.4M | $1.1M | $1,644 | 0.29% | Not published | Form 5500 ↗ |
Other Carris Financial plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Cfc ESOP
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.
| Independent auditor | Mcsoley Mccoy (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Carris Financial match 401(k) contributions?
The match terms for the Cfc Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $1.2M in employer contributions, about $2,197 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Carris Financial 401(k) match vested?
The vesting schedule for the Cfc Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Carris Financial 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Carris Financial Corp..
I left Carris Financial. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Carris Financial Corp., (802) 773-9111) or the recordkeeper, Empower Annuity Insurance Company O. The Carris Financial old 401(k) page lists the contacts from every plan filing. Find an old Carris Financial 401(k)
Data from the public Form 5500 annual reports Carris Financial filed with the U.S. Department of Labor (plan years 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 Carris Financial. Not financial advice. Report a correction · Methodology