Consolidated Precision Products Minneapolis Operation retirement plan: assets, participants and fees
What Consolidated Precision Products Minneapolis Operation'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 | Wells Fargo | Schedule C ↗ |
| Independent auditor | Bober Markey Fedorovich and Company (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 650 pension plans in manufacturing with 100 to 499 participants.
| Consolidated Precision Products Minneapolis Operation: employer contribution per participant | $1,306 | |
| Peer median | $1,262 |
| Consolidated Precision Products Minneapolis Operation: average balance | $14,280 | |
| Peer median | $56,718 |
| Consolidated Precision Products Minneapolis Operation: admin expenses ÷ assets | 4.53% | |
| Peer median | 0.79% |
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 $7.3M at the end of plan year 2021 to $4.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 314 | $4.5M | $410K | $1,306 | 4.53% | Not published | Form 5500 ↗ |
| 2023 | 323 | $4.9M | $170K | $527 | 4.05% | Not published | Form 5500 ↗ |
| 2022 | 330 | $5.2M | $0 | $0 | 2.70% | Not published | Form 5500 ↗ |
| 2021 | 340 | $7.3M | $0 | $0 | 1.40% | Not published | Form 5500 ↗ |
Common questions
Does Consolidated Precision Products Minneapolis Operation match 401(k) contributions?
The match terms for the Hitchcock Industries, Inc. Employee Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $410K in employer contributions, about $1,306 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Consolidated Precision Products Minneapolis Operation 401(k) match vested?
The vesting schedule for the Hitchcock Industries, Inc. Employee Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Consolidated Precision Products Minneapolis Operation 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Wells Fargo. The plan administrator is Consolidated Precision Products Minneapolis Operation.
I left Consolidated Precision Products Minneapolis Operation. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Consolidated Precision Products Minneapolis Operation, (952) 887-7800) or the recordkeeper, Wells Fargo. The Consolidated Precision Products Minneapolis Operation old 401(k) page lists the contacts from every plan filing. Find an old Consolidated Precision Products Minneapolis Operation 401(k)
Data from the public Form 5500 annual reports Consolidated Precision Products Minneapolis Operation 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 Consolidated Precision Products Minneapolis Operation. Not financial advice. Report a correction · Methodology