Food Bank of Central & Eastern North Carolina 401(k) match, vesting and fees
What Food Bank of Central & Eastern North Carolina'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 | Schedule C ↗ |
| Independent auditor | Cherry Bekaert 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 2,561 defined-contribution plans in other services with 100 to 499 participants.
| Food Bank of Central & Eastern North Carolina: employer contribution per participant | $3,069 | |
| Peer median | $1,803 |
| Food Bank of Central & Eastern North Carolina: average balance | $18,019 | |
| Peer median | $48,934 |
| Food Bank of Central & Eastern North Carolina: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.31% |
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 $897K at the end of plan year 2021 to $3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 172 | $3M | $516K | $3,069 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 174 | $2M | $360K | $2,280 | 0.02% | Not published | 5500-SF ↗ |
| 2022 | 131 | $1M | $163K | $1,384 | 0.17% | Not published | 5500-SF ↗ |
| 2021 | 92 | $897K | $84K | $930 | 0.16% | Not published | 5500-SF ↗ |
Other Food Bank of Central & Eastern North Carolina plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Food Bank of Central & Eastern North Carolina, Inc. 403(b) 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.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Food Bank of Central & Eastern North Carolina match 401(k) contributions?
The match terms for the Food Bank of Central & Eastern North Carolina, Inc. 403(B)plan-002 have not been published from its filing yet. The plan year 2024 filing reports $516K in employer contributions, about $3,069 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Food Bank of Central & Eastern North Carolina 401(k) match vested?
The vesting schedule for the Food Bank of Central & Eastern North Carolina, Inc. 403(B)plan-002 is not in the data published so far. Your Summary Plan Description states it.
Who manages the Food Bank of Central & Eastern North Carolina 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Food Bank of Central & Eastern North Carolina, Inc.
I left Food Bank of Central & Eastern North Carolina. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Food Bank of Central & Eastern North Carolina, Inc, (919) 865-3054) or the recordkeeper, Empower Annuity Insurance Company. The Food Bank of Central & Eastern North Carolina old 401(k) page lists the contacts from every plan filing. Find an old Food Bank of Central & Eastern North Carolina 401(k)
Data from the public Form 5500 annual reports Food Bank of Central & Eastern North Carolina 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 Food Bank of Central & Eastern North Carolina. Not financial advice. Report a correction · Methodology