Future Electronics 401(k) match, vesting and fees
What Future Electronics' 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Ernst & Young, 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 501 defined-contribution plans in wholesale trade with 500 to 999 participants.
| Future Electronics: employer contribution per participant | $987 | |
| Peer median | $1,855 |
| Future Electronics: average balance | $162,189 | |
| Peer median | $72,906 |
| Future Electronics: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.22% |
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 $132M at the end of plan year 2023 to $138M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 909 | $138M | $838K | $987 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 975 | $132M | $917K | $963 | 0.06% | Not published | Form 5500 ↗ |
Common questions
Does Future Electronics match 401(k) contributions?
The match terms for the Future Group of Companies 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $838K in employer contributions, about $987 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Future Electronics 401(k) match vested?
The vesting schedule for the Future Group of Companies 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Future Electronics 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Future Electronics Corp..
I left Future Electronics. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Future Electronics Corp., (662) 536-0401) or the recordkeeper, Fidelity Investments Institutional. The Future Electronics old 401(k) page lists the contacts from every plan filing. Find an old Future Electronics 401(k)
Data from the public Form 5500 annual reports Future Electronics 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 Future Electronics. Not financial advice. Report a correction · Methodology