Grand Lake Mental Health Center retirement plan: assets, participants and fees
What Grand Lake Mental Health Center's retirement plan 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 | Principal Life Insurance Co. | Schedule C ↗ |
| Independent auditor | Cck Strategies (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,281 defined-contribution plans in health care and social assistance with 1,000 to 4,999 participants.
| Grand Lake Mental Health Center: employer contribution per participant | $3,364 | |
| Peer median | $1,358 |
| Grand Lake Mental Health Center: average balance | $16,104 | |
| Peer median | $44,442 |
| Grand Lake Mental Health Center: admin expenses ÷ assets | 0.46% | |
| Peer median | 0.21% |
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 $15.4M at the end of plan year 2021 to $28.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,404 | $28.7M | $6M | $3,364 | 0.46% | Not published | Form 5500 ↗ |
| 2023 | 1,497 | $21.9M | $5M | $3,593 | 0.29% | Not published | Form 5500 ↗ |
| 2022 | 1,189 | $15.2M | $3.5M | $3,031 | 0.36% | Not published | Form 5500 ↗ |
| 2021 | 865 | $15.4M | $3M | $3,544 | 0.52% | Not published | Form 5500 ↗ |
Common questions
Does Grand Lake Mental Health Center match 401(k) contributions?
The match terms for the Grand Lake Mental Health Center Money Purchase Plan have not been published from its filing yet. The plan year 2024 filing reports $6M in employer contributions, about $3,364 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Grand Lake Mental Health Center 401(k) match vested?
The vesting schedule for the Grand Lake Mental Health Center Money Purchase Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Grand Lake Mental Health Center 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Co.. The plan administrator is Grand Lake Mental Health Center.
I left Grand Lake Mental Health Center. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Grand Lake Mental Health Center, (918) 273-1841) or the recordkeeper, Principal Life Insurance Co.. The Grand Lake Mental Health Center old 401(k) page lists the contacts from every plan filing. Find an old Grand Lake Mental Health Center 401(k)
Data from the public Form 5500 annual reports Grand Lake Mental Health Center 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 Grand Lake Mental Health Center. Not financial advice. Report a correction · Methodology