Concepts of Independence 403(b) match, vesting and fees
What Concepts of Independence's 403(b) 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 | Empower Life & Annuity Insurance | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davis, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Concepts of Independence: employer contribution per participant | $0 | |
| Peer median | $1,468 |
| Concepts of Independence: average balance | $15,708 | |
| Peer median | $37,786 |
| Concepts of Independence: admin expenses ÷ assets | 0.90% | |
| Peer median | 0.39% |
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 $4.3M at the end of plan year 2021 to $7.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 571 | $7.4M | $0 | $0 | 0.90% | Not published | Form 5500 ↗ |
| 2023 | 514 | $5.8M | $0 | $0 | 0.74% | Not published | Form 5500 ↗ |
| 2022 | 420 | $4.9M | $0 | $0 | 1.12% | Not published | Form 5500 ↗ |
| 2021 | 448 | $4.3M | $0 | $0 | 1.17% | Not published | Form 5500 ↗ |
Other Concepts of Independence plans (4)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Section 403(b) Plan for Concepts of Independence, Inc.
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.
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Concepts of Independence, Inc. Supplemental Retirement 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.
| Recordkeeper | Empower Life & Annuity Insurance Co | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davis, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Concepts of Independence, Inc. Staff Profit Sharing 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.
| Recordkeeper | Empower Life & Annuity Insurance Co | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davis, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Concepts of Independence, Inc. Defined Benefit Pension
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.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Concepts of Independence match 401(k) contributions?
The match terms for the Concepts Salary Deferral 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $0 in employer contributions, about $0 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Concepts of Independence 401(k) match vested?
The vesting schedule for the Concepts Salary Deferral 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Concepts of Independence 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Life & Annuity Insurance. The plan administrator is Concepts of Independence, Inc..
I left Concepts of Independence. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Concepts of Independence, Inc., (212) 293-9999) or the recordkeeper, Empower Life & Annuity Insurance. The Concepts of Independence old 401(k) page lists the contacts from every plan filing. Find an old Concepts of Independence 401(k)
Data from the public Form 5500 annual reports Concepts of Independence 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 Concepts of Independence. Not financial advice. Report a correction · Methodology