Direct Relief 401(k) match, vesting and fees
What Direct Relief'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Baker Tilly US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 2,291 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Direct Relief: employer contribution per participant | $4,602 | |
| Peer median | $1,440 |
| Direct Relief: average balance | $143,776 | |
| Peer median | $38,351 |
| Direct Relief: admin expenses ÷ assets | 0.09% | |
| 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 $16.5M at the end of plan year 2021 to $29M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 212 | $29M | $930K | $4,602 | 0.09% | Not published | Form 5500 ↗ |
| 2024 | 187 | $22.4M | $810K | $4,574 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 172 | $18.8M | $745K | $4,569 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 163 | $13.9M | $535K | $3,477 | 0.09% | Not published | Form 5500 ↗ |
| 2021 | 147 | $16.5M | $516K | $3,711 | 0.07% | Not published | Form 5500 ↗ |
Common questions
Does Direct Relief match 401(k) contributions?
The match terms for the Direct Relief 401(k) Profit Sharing Plan & Trust have not been published from its filing yet. The plan year 2025 filing reports $930K in employer contributions, about $4,602 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Direct Relief 401(k) match vested?
The vesting schedule for the Direct Relief 401(k) Profit Sharing Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Direct Relief 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Direct Relief.
I left Direct Relief. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Direct Relief, (805) 964-4767) or the recordkeeper, Fidelity Investments Institutional. The Direct Relief old 401(k) page lists the contacts from every plan filing. Find an old Direct Relief 401(k)
Data from the public Form 5500 annual reports Direct Relief filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Direct Relief. Not financial advice. Report a correction · Methodology