Friends of Children of Mississippi 401(k) match, vesting and fees
What Friends of Children of Mississippi'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 | Mutual of America Life Insurance Co | Schedule C ↗ |
| Independent auditor | Watkins, Ward and Stafford, PLLC (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 456 defined-contribution plans in educational services with 500 to 999 participants.
| Friends of Children of Mississippi: employer contribution per participant | $1,598 | |
| Peer median | $1,855 |
| Friends of Children of Mississippi: average balance | $13,105 | |
| Peer median | $100,069 |
| Friends of Children of Mississippi: admin expenses ÷ assets | 0.09% | |
| 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 $10.1M at the end of plan year 2023 to $12.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 921 | $12.1M | $1.5M | $1,598 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 987 | $10.1M | $1.3M | $1,353 | 0.07% | Not published | Form 5500 ↗ |
Common questions
Does Friends of Children of Mississippi match 401(k) contributions?
The match terms for the Friends of Children of Mississippi, Inc. 401k Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $1,598 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Friends of Children of Mississippi 401(k) match vested?
The vesting schedule for the Friends of Children of Mississippi, Inc. 401k Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Friends of Children of Mississippi 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Mutual of America Life Insurance Co. The plan administrator is Friends of Children of Mississippi, Inc..
I left Friends of Children of Mississippi. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Friends of Children of Mississippi, Inc., (601) 321-0960) or the recordkeeper, Mutual of America Life Insurance Co. The Friends of Children of Mississippi old 401(k) page lists the contacts from every plan filing. Find an old Friends of Children of Mississippi 401(k)
Data from the public Form 5500 annual reports Friends of Children of Mississippi 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 Friends of Children of Mississippi. Not financial advice. Report a correction · Methodology