Clearfield Metal Technologies 401(k) match, vesting and fees
What Clearfield Metal Technologies' 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 | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Dean Accounting Group PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Clearfield Metal Technologies: employer contribution per participant | $816 | |
| Peer median | $1,847 |
| Clearfield Metal Technologies: average balance | $8,164 | |
| Peer median | $65,512 |
| Clearfield Metal Technologies: admin expenses ÷ assets | 1.18% | |
| Peer median | 0.32% |
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 $590K at the end of plan year 2021 to $1.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 152 | $1.2M | $124K | $816 | 1.18% | Not published | Form 5500 ↗ |
| 2023 | 140 | $1M | $115K | $820 | 1.32% | Not published | 5500-SF ↗ |
| 2022 | 120 | $682K | $95K | $791 | 1.88% | Not published | 5500-SF ↗ |
| 2021 | 111 | $590K | $60K | $544 | 1.63% | Not published | 5500-SF ↗ |
Common questions
Does Clearfield Metal Technologies match 401(k) contributions?
The match terms for the Clearfield Metal Technologies, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $124K in employer contributions, about $816 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Clearfield Metal Technologies 401(k) match vested?
The vesting schedule for the Clearfield Metal Technologies, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Clearfield Metal Technologies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is Clearfield Metal Technologies, Inc..
I left Clearfield Metal Technologies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Clearfield Metal Technologies, Inc., (814) 242-9647) or the recordkeeper, John Hancock Life Insurance Company. The Clearfield Metal Technologies old 401(k) page lists the contacts from every plan filing. Find an old Clearfield Metal Technologies 401(k)
Data from the public Form 5500 annual reports Clearfield Metal Technologies 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 Clearfield Metal Technologies. Not financial advice. Report a correction · Methodology