Family Care Network 401(k) match, vesting and fees
What Family Care Network'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 | Nwps, Inc. | 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 2024 medians for 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Family Care Network: employer contribution per participant | $4,392 | |
| Peer median | $1,337 |
| Family Care Network: average balance | $160,650 | |
| Peer median | $35,764 |
| Family Care Network: admin expenses ÷ assets | 0.18% | |
| 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 $89.5M at the end of plan year 2021 to $109M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 698 | $109M | $3M | $4,392 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 753 | $92.9M | $2.8M | $3,964 | 0.19% | Not published | Form 5500 ↗ |
| 2022 | 706 | $77.8M | $2.6M | $3,896 | 0.19% | Not published | Form 5500 ↗ |
| 2021 | 652 | $89.5M | $2.8M | $4,389 | 0.20% | Not published | Form 5500 ↗ |
Common questions
Does Family Care Network match 401(k) contributions?
The match terms for the New Directions Retirement Savings Plan for Family Care Network have not been published from its filing yet. The plan year 2024 filing reports $3M in employer contributions, about $4,392 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Family Care Network 401(k) match vested?
The vesting schedule for the New Directions Retirement Savings Plan for Family Care Network is not in the data published so far. Your Summary Plan Description states it.
Who manages the Family Care Network 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Nwps, Inc.. The plan administrator is Family Care Network, PLLC.
I left Family Care Network. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Family Care Network, PLLC, (360) 318-8800) or the recordkeeper, Nwps, Inc.. The Family Care Network old 401(k) page lists the contacts from every plan filing. Find an old Family Care Network 401(k)
Data from the public Form 5500 annual reports Family Care Network 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 Family Care Network. Not financial advice. Report a correction · Methodology