Gerken Materials 401(k) match, vesting and fees
What Gerken Materials' 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 | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, Ltd (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Gerken Materials: employer contribution per participant | $2,296 | |
| Peer median | $2,411 |
| Gerken Materials: average balance | $80,968 | |
| Peer median | $61,921 |
| Gerken Materials: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.39% |
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 $21.7M at the end of plan year 2021 to $31M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 402 | $31M | $879K | $2,296 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 453 | $31.4M | $865K | $2,318 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 254 | $18.8M | $513K | $2,020 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 250 | $21.7M | $579K | $2,316 | 0.07% | Not published | Form 5500 ↗ |
Other Gerken Materials plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Gerken Retirement Savings Plan for Collectively Bargained Employees
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 | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Gerken Materials match 401(k) contributions?
The match terms for the Gerken Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $879K in employer contributions, about $2,296 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Gerken Materials 401(k) match vested?
The vesting schedule for the Gerken Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Gerken Materials 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is Gerken Materials, Inc..
I left Gerken Materials. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Gerken Materials, Inc., (419) 533-7701) or the recordkeeper, John Hancock Life Insurance Company. The Gerken Materials old 401(k) page lists the contacts from every plan filing. Find an old Gerken Materials 401(k)
Data from the public Form 5500 annual reports Gerken Materials filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Gerken Materials. Not financial advice. Report a correction · Methodology