Empire Merchants 401(k) match, vesting and fees
What Empire Merchants' 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Held Kranzler Mccosker & Pulice LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 501 defined-contribution plans in wholesale trade with 500 to 999 participants.
| Empire Merchants: employer contribution per participant | — | |
| Peer median | $1,855 |
| Empire Merchants: average balance | $149,504 | |
| Peer median | $72,906 |
| Empire Merchants: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.22% |
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 $83.3M at the end of plan year 2021 to $91.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,058 | $91.9M | — | — | 0.19% | Not published | Form 5500 ↗ |
| 2023 | 1,033 | $82.4M | — | — | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 1,091 | $71.4M | — | — | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 1,131 | $83.3M | — | — | 0.27% | Not published | Form 5500 ↗ |
Other Empire Merchants plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Empire Merchants, LLC 401(k) 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Held Kranzler Mccosker & Pulice LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Empire Merchants match 401(k) contributions?
The match terms for the Empire Merchants, LLC 401(k) Plan for Union Members have not been published from its filing yet.
When is the Empire Merchants 401(k) match vested?
The vesting schedule for the Empire Merchants, LLC 401(k) Plan for Union Members is not in the data published so far. Your Summary Plan Description states it.
Who manages the Empire Merchants 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Empire Merchants, LLC.
I left Empire Merchants. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Empire Merchants, LLC, (718) 383-5500) or the recordkeeper, Principal Life Insurance Company. The Empire Merchants old 401(k) page lists the contacts from every plan filing. Find an old Empire Merchants 401(k)
Data from the public Form 5500 annual reports Empire Merchants 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 Empire Merchants. Not financial advice. Report a correction · Methodology