Fortna Systems 401(k) match, vesting and fees
What Fortna Systems' 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 | Schwab Retirement Plan Services,inc | 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 1,088 defined-contribution plans in professional, scientific, and technical services with 1,000 to 4,999 participants.
| Fortna Systems: employer contribution per participant | $3,782 | |
| Peer median | $2,553 |
| Fortna Systems: average balance | $81,592 | |
| Peer median | $100,158 |
| Fortna Systems: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.11% |
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 $147M at the end of plan year 2023 to $148M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,215 | $148M | $6.9M | $3,782 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 2,179 | $147M | $7.3M | $3,789 | 0.31% | Not published | Form 5500 ↗ |
Other Fortna Systems plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Material Handling Systems, Inc. Savings and Investment 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 | Profit-sharing · Active | Form 5500 ↗ |
Common questions
Does Fortna Systems match 401(k) contributions?
The match terms for the Fortna 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $6.9M in employer contributions, about $3,782 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Fortna Systems 401(k) match vested?
The vesting schedule for the Fortna 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Fortna Systems 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Fortna Systems, Inc..
I left Fortna Systems. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Fortna Systems, Inc., (502) 636-0690) or the recordkeeper, Schwab Retirement Plan Services,inc. The Fortna Systems old 401(k) page lists the contacts from every plan filing. Find an old Fortna Systems 401(k)
Data from the public Form 5500 annual reports Fortna Systems filed with the U.S. Department of Labor (plan years 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 Fortna Systems. Not financial advice. Report a correction · Methodology