Cleveland Bakers and Affiliated Unions 401(k) Plan 401(k) match, vesting and fees
What Cleveland Bakers and Affiliated Unions 401(k) Plan'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 | John Hancock Retirement Plan Svcs | Schedule C ↗ |
| Independent auditor | Citrin Cooperman & Company, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,622 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Cleveland Bakers and Affiliated Unions 401(k) Plan: employer contribution per participant | $289 | |
| Peer median | $2,413 |
| Cleveland Bakers and Affiliated Unions 401(k) Plan: average balance | $3,352 | |
| Peer median | $86,434 |
| Cleveland Bakers and Affiliated Unions 401(k) Plan: admin expenses ÷ assets | 3.07% | |
| Peer median | 0.12% |
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 $8.6M at the end of plan year 2023 to $10.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,353 | $10.9M | $940K | $289 | 3.07% | Not published | Form 5500 ↗ |
| 2023 | 2,699 | $8.6M | $598K | $222 | 3.23% | Not published | Form 5500 ↗ |
Common questions
Does Cleveland Bakers and Affiliated Unions 401(k) Plan match 401(k) contributions?
The match terms for the Cleveland Bakers and Affiliated Unions 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $940K in employer contributions, about $289 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Cleveland Bakers and Affiliated Unions 401(k) Plan 401(k) match vested?
The vesting schedule for the Cleveland Bakers and Affiliated Unions 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Cleveland Bakers and Affiliated Unions 401(k) Plan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Retirement Plan Svcs. The plan administrator is Cleveland Bakers and Affiliated Unions 401(k) Plan.
I left Cleveland Bakers and Affiliated Unions 401(k) Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Cleveland Bakers and Affiliated Unions 401(k) Plan, (216) 771-5386) or the recordkeeper, John Hancock Retirement Plan Svcs. The Cleveland Bakers and Affiliated Unions 401(k) Plan old 401(k) page lists the contacts from every plan filing. Find an old Cleveland Bakers and Affiliated Unions 401(k) Plan 401(k)
Data from the public Form 5500 annual reports Cleveland Bakers and Affiliated Unions 401(k) Plan 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 Cleveland Bakers and Affiliated Unions 401(k) Plan. Not financial advice. Report a correction · Methodology