Foundation Source Philanthropic Services 401(k) match, vesting and fees
What Foundation Source Philanthropic Services' 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 Co. | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Foundation Source Philanthropic Services: employer contribution per participant | $797 | |
| Peer median | $2,521 |
| Foundation Source Philanthropic Services: average balance | $80,714 | |
| Peer median | $75,833 |
| Foundation Source Philanthropic Services: admin expenses ÷ assets | 0.46% | |
| Peer median | 0.27% |
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 $12.8M at the end of plan year 2021 to $15.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 249 | $15.9M | $157K | $797 | 0.46% | Not published | Form 5500 ↗ |
| 2023 | 251 | $13.5M | $74K | $403 | 0.36% | Not published | Form 5500 ↗ |
| 2022 | 255 | $11.1M | $76K | $415 | 0.38% | Not published | Form 5500 ↗ |
| 2021 | 237 | $12.8M | $64K | $271 | 0.37% | Not published | Form 5500 ↗ |
Common questions
Does Foundation Source Philanthropic Services match 401(k) contributions?
The match terms for the Foundation Source 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $157K in employer contributions, about $797 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Foundation Source Philanthropic Services 401(k) match vested?
The vesting schedule for the Foundation Source 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Foundation Source Philanthropic Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Co.. The plan administrator is Foundation Source Philanthropic Services, Inc..
I left Foundation Source Philanthropic Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Foundation Source Philanthropic Services, Inc., (203) 319-3706) or the recordkeeper, Empower Annuity Insurance Co.. The Foundation Source Philanthropic Services old 401(k) page lists the contacts from every plan filing. Find an old Foundation Source Philanthropic Services 401(k)
Data from the public Form 5500 annual reports Foundation Source Philanthropic Services 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 Foundation Source Philanthropic Services. Not financial advice. Report a correction · Methodology