Clearlink Technologies 401(k) match, vesting and fees
What Clearlink Technologies' 401(k) plan says about matching contributions
The Company contributes 100% of the participant’s elective deferrals that do not exceed 3% of eligible compensation, plus 50% of the participant’s elective deferrals that exceed 3% of eligible compensation but do not exceed 5% of eligible compensation as a safe harbor matching contribution.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 29 ↗ |
| Match vesting | Participants are vested immediately in all contributions, plus actual earnings thereon. | Audit report, p. 30 ↗ |
| Roth contributions | The Plan allows participants to designate contributions as Roth contributions. | Audit report, p. 29 ↗ |
| Loans | Participants may borrow from their fund accounts, a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their account balance. | Audit report, p. 30 ↗ |
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Eide Bailly, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 231 defined-contribution plans in administrative, support and waste management services with 500 to 999 participants.
| Clearlink Technologies: employer contribution per participant | $1,940 | |
| Peer median | $1,443 |
| Clearlink Technologies: average balance | $39,650 | |
| Peer median | $38,287 |
| Clearlink Technologies: admin expenses ÷ assets | 0.46% | |
| Peer median | 0.47% |
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 $20.6M at the end of plan year 2023 to $24.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,041 | $24.6M | $1.2M | $1,940 | 0.46% | Quoted in the audit report, p. 29 ↗ | Form 5500 ↗ |
| 2023 | 1,014 | $20.6M | $1.2M | $2,038 | 0.65% | Not published | Form 5500 ↗ |
Common questions
Does Clearlink Technologies match 401(k) contributions?
The audit report attached to the Clearlink 401(k) Plan's plan year 2024 Form 5500, page 29 says: “The Company contributes 100% of the participant’s elective deferrals that do not exceed 3% of eligible compensation, plus 50% of the participant’s elective deferrals that exceed 3% of eligible compensation but do not exceed 5% of eligible compensation as a safe harbor matching contribution.” Plan terms may have changed; check your current Summary Plan Description.
When is the Clearlink Technologies 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 30 says: “Participants are vested immediately in all contributions, plus actual earnings thereon.”
Who manages the Clearlink Technologies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Clearlink Technologies, LLC.
I left Clearlink Technologies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Clearlink Technologies, LLC, (801) 424-0018) or the recordkeeper, Empower Annuity Insurance Company O. The Clearlink Technologies old 401(k) page lists the contacts from every plan filing. Find an old Clearlink Technologies 401(k)
Data from the public Form 5500 annual reports Clearlink Technologies 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 Clearlink Technologies. Not financial advice. Report a correction · Methodology