Formel D USA 401(k) match, vesting and fees

Plan year 2025 filingFormel D USA, Inc 401(k) Profit Sharing Plan · Plan 002 · EIN 98-0425677Updated Oct 2026

What Formel D USA's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $219K in employer contributions, about $1,632 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$25,374
Average account balance
276
Participants (end of year)
$3.4M
Plan assets (end of year)
1.05%
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.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorHill Fogg, P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 1,052 defined-contribution plans in wholesale trade with 100 to 499 participants.

Formel D USA: employer contribution per participant$1,632
Peer median$2,091
Formel D USA: average balance$25,374
Peer median$87,400
Formel D USA: admin expenses ÷ assets1.05%
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 $2.3M at the end of plan year 2021 to $3.4M at the end of plan year 2025.

$2.3M2021$1.9M2022$2.7M2023$2.9M2024$3.4M2025
End-of-year figures from each plan year's Form 5500 filing for the Formel D USA plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025276$3.4M$219K$1,6321.05%Not publishedForm 5500 ↗
2024276$2.9M$235K$1,6801.69%Not publishedForm 5500 ↗
2023332$2.7M$263K$1,6452.76%Not publishedForm 5500 ↗
2022366$1.9M$660K$1,9084.89%Not publishedForm 5500 ↗
2021499$2.3M$304K$6652.52%Not publishedForm 5500 ↗

Common questions

Does Formel D USA match 401(k) contributions?

The match terms for the Formel D USA, Inc 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2025 filing reports $219K in employer contributions, about $1,632 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Formel D USA 401(k) match vested?

The vesting schedule for the Formel D USA, Inc 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Formel D USA 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annuity Insurance Company O. The plan administrator is Formel D USA, Inc..

I left Formel D USA. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Formel D USA, Inc., (864) 867-9131) or the recordkeeper, Empower Annuity Insurance Company O. The Formel D USA old 401(k) page lists the contacts from every plan filing. Find an old Formel D USA 401(k)

Data from the public Form 5500 annual reports Formel D USA 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 Formel D USA. Not financial advice. Report a correction · Methodology