Hol-Mac 401(k) match, vesting and fees
What Hol-Mac'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 | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Nail Mckinney (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,613 defined-contribution plans in manufacturing with 500 to 999 participants.
| Hol-Mac: employer contribution per participant | $491 | |
| Peer median | $2,038 |
| Hol-Mac: average balance | $31,698 | |
| Peer median | $72,951 |
| Hol-Mac: admin expenses ÷ assets | 0.44% | |
| Peer median | 0.20% |
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 $28.6M at the end of plan year 2023 to $30.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,014 | $30.1M | $467K | $491 | 0.44% | Not published | Form 5500 ↗ |
| 2023 | 970 | $28.6M | $333K | $374 | 0.43% | Not published | Form 5500 ↗ |
Common questions
Does Hol-Mac match 401(k) contributions?
The match terms for the Hol-Mac Corporation Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $467K in employer contributions, about $491 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Hol-Mac 401(k) match vested?
The vesting schedule for the Hol-Mac Corporation Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Hol-Mac 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Hol-Mac Corporation.
I left Hol-Mac. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Hol-Mac Corporation, (601) 764-4121) or the recordkeeper, Empower Annuity Insurance Company O. The Hol-Mac old 401(k) page lists the contacts from every plan filing. Find an old Hol-Mac 401(k)
Data from the public Form 5500 annual reports Hol-Mac 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 Hol-Mac. Not financial advice. Report a correction · Methodology