Galvan Industries 401(k) match, vesting and fees

Plan year 2024 filingGalvan Industries, Inc. Profit Sharing 401(k) Plan · Plan 001 · EIN 56-0788307Updated Oct 2026

What Galvan Industries' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $310K in employer contributions, about $3,297 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$104,946
Average account balance
100
Participants (end of year)
$9.9M
Plan assets (end of year)
0.45%
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.

RecordkeeperVoya Retirement Insurance & AnnuitySchedule C ↗
Independent auditorForvis Mazars, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

Plan history

Plan assets went from $0 at the end of plan year 2021 to $9.9M at the end of plan year 2024.

$02021$7.2M2022$8.5M2023$9.9M2024
End-of-year figures from each plan year's Form 5500 filing for the Galvan Industries plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024100$9.9M$310K$3,2970.45%Not publishedForm 5500 ↗
2023104$8.5M$247K$2,4930.49%Not publishedForm 5500 ↗
2022165$7.2M$289K$1,8430.65%Not published5500-SF ↗
20210$0$179K—0.56%Not publishedForm 5500 ↗

Common questions

Does Galvan Industries match 401(k) contributions?

The match terms for the Galvan Industries, Inc. Profit Sharing 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $310K in employer contributions, about $3,297 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Galvan Industries 401(k) match vested?

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

Who manages the Galvan Industries 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Galvan Industries, Inc..

I left Galvan Industries. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Galvan Industries, Inc., (704) 455-5102) or the recordkeeper, Voya Retirement Insurance & Annuity. The Galvan Industries old 401(k) page lists the contacts from every plan filing. Find an old Galvan Industries 401(k)

Data from the public Form 5500 annual reports Galvan Industries 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 Galvan Industries. Not financial advice. Report a correction · Methodology