Ford Gum & Machine 401(k) match, vesting and fees

Plan year 2024 filingFord Gum Profit Sharing/401k Plan · Plan 003 · EIN 16-0436120Updated Oct 2026

What Ford Gum & Machine's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $178K in employer contributions, about $1,635 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$84,526
Average account balance
114
Participants (end of year)
$9.2M
Plan assets (end of year)
0.06%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorJgd Associates LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.

Ford Gum & Machine: employer contribution per participant$1,635
Peer median$1,847
Ford Gum & Machine: average balance$84,526
Peer median$65,512
Ford Gum & Machine: admin expenses ÷ assets0.06%
Peer median0.32%

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 $13.9M at the end of plan year 2021 to $9.2M at the end of plan year 2024.

$13.9M2021$8.7M2022$8.5M2023$9.2M2024
End-of-year figures from each plan year's Form 5500 filing for the Ford Gum & Machine plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024114$9.2M$178K$1,6350.06%Not publishedForm 5500 ↗
2023127$8.5M$106K$8760.07%Not publishedForm 5500 ↗
2022128$8.7M$128K$1,1830.05%Not publishedForm 5500 ↗
2021115$13.9M$132K$1,1480.04%Not publishedForm 5500 ↗

Common questions

Does Ford Gum & Machine match 401(k) contributions?

The match terms for the Ford Gum Profit Sharing/401k Plan have not been published from its filing yet. The plan year 2024 filing reports $178K in employer contributions, about $1,635 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Ford Gum & Machine 401(k) match vested?

The vesting schedule for the Ford Gum Profit Sharing/401k Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Ford Gum & Machine 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Ford Gum & Machine Company.

I left Ford Gum & Machine. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Ford Gum & Machine Company, (716) 542-4561) or the recordkeeper, Fidelity Investments Institutional. The Ford Gum & Machine old 401(k) page lists the contacts from every plan filing. Find an old Ford Gum & Machine 401(k)

Data from the public Form 5500 annual reports Ford Gum & Machine 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 Ford Gum & Machine. Not financial advice. Report a correction · Methodology