KBC Bank N.V., New York Branch 401(k) match, vesting and fees
What KBC Bank N.V., New York Branch'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | KPMG LLP (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 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| KBC Bank N.V., New York Branch: employer contribution per participant | $1,542 | |
| Peer median | $2,868 |
| KBC Bank N.V., New York Branch: average balance | $379,251 | |
| Peer median | $95,281 |
| KBC Bank N.V., New York Branch: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.22% |
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 $52.4M at the end of plan year 2021 to $53.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 143 | $53.9M | $219K | $1,542 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 160 | $49.8M | $300K | $1,973 | 0.19% | Not published | Form 5500 ↗ |
| 2022 | 166 | $43.1M | $350K | $2,199 | 0.18% | Not published | Form 5500 ↗ |
| 2021 | 169 | $52.4M | $265K | $1,635 | 0.20% | Not published | Form 5500 ↗ |
Other KBC Bank N.V., New York Branch plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Pension Plan for Employees of Kbc Bank N. V., New York Branch
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 Company | Schedule C ↗ |
| Independent auditor | KPMG LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does KBC Bank N.V., New York Branch match 401(k) contributions?
The match terms for the Kbc Bank N.V. Savings and Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $219K in employer contributions, about $1,542 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the KBC Bank N.V., New York Branch 401(k) match vested?
The vesting schedule for the Kbc Bank N.V. Savings and Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the KBC Bank N.V., New York Branch 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Kbc Bank N.V..
I left KBC Bank N.V., New York Branch. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Kbc Bank N.V., (212) 541-0600) or the recordkeeper, Principal Life Insurance Company. The KBC Bank N.V., New York Branch old 401(k) page lists the contacts from every plan filing. Find an old KBC Bank N.V., New York Branch 401(k)
Data from the public Form 5500 annual reports KBC Bank N.V., New York Branch 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 KBC Bank N.V., New York Branch. Not financial advice. Report a correction · Methodology