Century Next Financial 401(k) match, vesting and fees
What Century Next 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 | Benefit Plan Admin Services | Schedule C ↗ |
| Independent auditor | Heard, Mcelroy & Vestal, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Century Next Financial: employer contribution per participant | $2,684 | |
| Peer median | $2,868 |
| Century Next Financial: average balance | $100,258 | |
| Peer median | $95,281 |
| Century Next Financial: admin expenses ÷ assets | 0.28% | |
| Peer median | 0.22% |
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 $7.1M at the end of plan year 2021 to $10M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 137 | $10M | $268K | $2,684 | 0.28% | Not published | Form 5500 ↗ |
| 2023 | 131 | $8.1M | $280K | $2,740 | 0.28% | Not published | Form 5500 ↗ |
| 2022 | 134 | $6.3M | $258K | $2,481 | 0.29% | Not published | Form 5500 ↗ |
| 2021 | 133 | $7.1M | $248K | $2,197 | 0.29% | Not published | Form 5500 ↗ |
Other Century Next Financial plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Century Next Bank Amended and Restated Employee Stock Ownership Plan
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 | Heard, Mcelroy & Vestal, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Common questions
Does Century Next Financial match 401(k) contributions?
The match terms for the Century Next Bank 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $268K in employer contributions, about $2,684 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Century Next Financial 401(k) match vested?
The vesting schedule for the Century Next Bank 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Century Next Financial 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Benefit Plan Admin Services. The plan administrator is Century Next Financial Corporation.
I left Century Next Financial. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Century Next Financial Corporation, (318) 255-3733) or the recordkeeper, Benefit Plan Admin Services. The Century Next Financial old 401(k) page lists the contacts from every plan filing. Find an old Century Next Financial 401(k)
Data from the public Form 5500 annual reports Century Next Financial 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 Century Next Financial. Not financial advice. Report a correction · Methodology