Charles County School Bus Contractors Association retirement plan: assets, participants and fees
What Charles County School Bus Contractors Association's retirement plan 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 | Long Island Employee Benefits Group | Schedule C ↗ |
| Independent auditor | Kimberly F. Palmisano, Cpa, P.A. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,836 defined-contribution plans in transportation and warehousing with 100 to 499 participants.
| Charles County School Bus Contractors Association: employer contribution per participant | $556 | |
| Peer median | $1,076 |
| Charles County School Bus Contractors Association: average balance | $8,188 | |
| Peer median | $31,804 |
| Charles County School Bus Contractors Association: admin expenses ÷ assets | 1.19% | |
| Peer median | 0.46% |
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 $2.3M at the end of plan year 2021 to $2.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 484 | $2.9M | $196K | $556 | 1.19% | Not published | Form 5500 ↗ |
| 2023 | 490 | $2.6M | $213K | $616 | 1.26% | Not published | Form 5500 ↗ |
| 2022 | 503 | $2.5M | $227K | $591 | 2.44% | Not published | Form 5500 ↗ |
| 2021 | 469 | $2.3M | $125K | $326 | 2.29% | Not published | Form 5500 ↗ |
Common questions
Does Charles County School Bus Contractors Association match 401(k) contributions?
The match terms for the Charles County School Bus Contractors Assoc. Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $196K in employer contributions, about $556 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Charles County School Bus Contractors Association 401(k) match vested?
The vesting schedule for the Charles County School Bus Contractors Assoc. Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Charles County School Bus Contractors Association 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Long Island Employee Benefits Group. The plan administrator is Charles County School Bus Contractors Association.
I left Charles County School Bus Contractors Association. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Charles County School Bus Contractors Association, (301) 932-0910) or the recordkeeper, Long Island Employee Benefits Group. The Charles County School Bus Contractors Association old 401(k) page lists the contacts from every plan filing. Find an old Charles County School Bus Contractors Association 401(k)
Data from the public Form 5500 annual reports Charles County School Bus Contractors Association 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 Charles County School Bus Contractors Association. Not financial advice. Report a correction · Methodology