Inspire Development Centers 401(k) match, vesting and fees
What Inspire Development Centers' 401(k) plan says about matching contributions
The Organization contributed a basic safe harbor match contribution of 100% of the first 6% of qualified participant compensation to the Plan during the year ended December 31, 2024.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | 2024 audit report, p. 30 ↗ |
| Match vesting | Participants are immediately vested in all contributions plus actual earnings thereon. | 2024 audit report, p. 31 ↗ |
| Roth contributions | Eligible participants are permitted to elect to have a percentage or dollar amount, limited by Plan provisions, of their compensation contributed as pre-tax 401(k) and Roth contributions to the Plan. | 2024 audit report, p. 30 ↗ |
| Loans | Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. | 2024 audit report, p. 31 ↗ |
| Recordkeeper | Transamerica Retirement Solutions | 2025 Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, LLP (unmodified opinion, limited scope) | 2025 Schedule H ↗ |
| Plan type and status | 401(k) · Active | 2025 Form 5500 ↗ |
Match, vesting and other plan features are from the plan year 2024 filing's audit report (the latest one extracted so far). Rows cited to the Form 5500 and its schedules are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 294 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Inspire Development Centers: employer contribution per participant | $1,842 | |
| Peer median | $1,438 |
| Inspire Development Centers: average balance | $49,330 | |
| Peer median | $41,205 |
| Inspire Development Centers: admin expenses ÷ assets | 0.38% | |
| Peer median | 0.33% |
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 $27.5M at the end of plan year 2021 to $35.2M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 903 | $35.2M | $1.3M | $1,842 | 0.38% | Not published | Form 5500 ↗ |
| 2024 | 990 | $31.1M | $1.3M | $1,745 | 0.57% | Quoted in the audit report, p. 30 ↗ | Form 5500 ↗ |
| 2023 | 1,034 | $28.1M | $1.3M | $1,737 | 0.60% | Not published | Form 5500 ↗ |
| 2022 | 969 | $23.6M | $1.3M | $1,812 | 0.55% | Not published | Form 5500 ↗ |
| 2021 | 914 | $27.5M | $1.1M | $1,524 | 0.65% | Not published | Form 5500 ↗ |
Common questions
Does Inspire Development Centers match 401(k) contributions?
The audit report attached to the Inspire Development Centers 401(k) Plan's plan year 2024 Form 5500, page 30 says: “The Organization contributed a basic safe harbor match contribution of 100% of the first 6% of qualified participant compensation to the Plan during the year ended December 31, 2024.” Plan terms may have changed; check your current Summary Plan Description.
When is the Inspire Development Centers 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 31 says: “Participants are immediately vested in all contributions plus actual earnings thereon.”
Who manages the Inspire Development Centers 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Transamerica Retirement Solutions. The plan administrator is Inspire Development Centers.
I left Inspire Development Centers. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Inspire Development Centers, (509) 839-8604) or the recordkeeper, Transamerica Retirement Solutions. The Inspire Development Centers old 401(k) page lists the contacts from every plan filing. Find an old Inspire Development Centers 401(k)
Data from the public Form 5500 annual reports Inspire Development Centers 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 Inspire Development Centers. Not financial advice. Report a correction · Methodology