Green Mountain Power 401(k) match, vesting and fees
What Green Mountain Power'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 | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Mcsoley Mccoy & Co (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 46 defined-contribution plans in utilities with 500 to 999 participants.
| Green Mountain Power: employer contribution per participant | $5,438 | |
| Peer median | $4,869 |
| Green Mountain Power: average balance | $343,139 | |
| Peer median | $141,910 |
| Green Mountain Power: admin expenses ÷ assets | 0.11% | |
| 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 $250M at the end of plan year 2021 to $243M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 724 | $243M | $3.9M | $5,438 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 725 | $220M | $3.5M | $4,954 | 0.11% | Not published | Form 5500 ↗ |
| 2022 | 710 | $196M | $2.8M | $3,954 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 697 | $250M | $2.7M | $3,943 | 0.06% | Not published | Form 5500 ↗ |
Other Green Mountain Power plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Employees' Retirement Plan of Green Mountain Power Corporation
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.
| Independent auditor | Mcsoley Mccoy & Company (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Green Mountain Power match 401(k) contributions?
The match terms for the Green Mountain Power Corporation Employee Savings and Investment Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $3.9M in employer contributions, about $5,438 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Green Mountain Power 401(k) match vested?
The vesting schedule for the Green Mountain Power Corporation Employee Savings and Investment Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Green Mountain Power 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is Green Mountain Power Corporation.
I left Green Mountain Power. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Green Mountain Power Corporation, (802) 779-3787) or the recordkeeper, T Rowe Price Rps Inc. The Green Mountain Power old 401(k) page lists the contacts from every plan filing. Find an old Green Mountain Power 401(k)
Data from the public Form 5500 annual reports Green Mountain Power 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 Green Mountain Power. Not financial advice. Report a correction · Methodology