Inventus Power 401(k) match, vesting and fees
What Inventus 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Adducci Vega Financial Group LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Inventus Power: employer contribution per participant | $2,924 | |
| Peer median | $1,847 |
| Inventus Power: average balance | $142,821 | |
| Peer median | $65,512 |
| Inventus Power: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.32% |
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 $28.2M at the end of plan year 2021 to $35.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 253 | $35.3M | $722K | $2,924 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 263 | $30.7M | $949K | $3,738 | 0.13% | Not published | Form 5500 ↗ |
| 2022 | 280 | $23.7M | $921K | $3,501 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 288 | $28.2M | $819K | $3,161 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does Inventus Power match 401(k) contributions?
The match terms for the Inventus Power 401k have not been published from its filing yet. The plan year 2024 filing reports $722K in employer contributions, about $2,924 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Inventus Power 401(k) match vested?
The vesting schedule for the Inventus Power 401k is not in the data published so far. Your Summary Plan Description states it.
Who manages the Inventus Power 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Inventus Power.
I left Inventus Power. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Inventus Power, (708) 316-4419) or the recordkeeper, Fidelity Investments Institutional. The Inventus Power old 401(k) page lists the contacts from every plan filing. Find an old Inventus Power 401(k)
Data from the public Form 5500 annual reports Inventus 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 Inventus Power. Not financial advice. Report a correction · Methodology