Electro Switch 401(k) match, vesting and fees
What Electro Switch'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 | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Pfk Jnd, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Electro Switch: employer contribution per participant | $1,362 | |
| Peer median | $1,847 |
| Electro Switch: average balance | $134,616 | |
| Peer median | $65,512 |
| Electro Switch: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.32% |
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 $72M at the end of plan year 2021 to $63.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 510 | $63.3M | $640K | $1,362 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 510 | $70.8M | $410K | $897 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 489 | $64.7M | $1.1M | $2,484 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 465 | $72M | $1.1M | $2,457 | 0.16% | Not published | Form 5500 ↗ |
Other Electro Switch plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Retirement Plan for Employees of Electro Switch Corp
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 Electro Switch match 401(k) contributions?
The match terms for the The Electro Switch Corp. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $640K in employer contributions, about $1,362 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Electro Switch 401(k) match vested?
The vesting schedule for the The Electro Switch Corp. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Electro Switch 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Electro Switch Corp..
I left Electro Switch. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Electro Switch Corp., (781) 335-1195) or the recordkeeper, Empower Annuity Insurance Company O. The Electro Switch old 401(k) page lists the contacts from every plan filing. Find an old Electro Switch 401(k)
Data from the public Form 5500 annual reports Electro Switch 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 Electro Switch. Not financial advice. Report a correction · Methodology