Koam Engineering Systems 401(k) match, vesting and fees
What Koam Engineering Systems' 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 | Nationwide | 2023 Schedule C ↗ |
| Independent auditor | Hutchinson & Bloodgood LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Koam Engineering Systems: employer contribution per participant | $1,500 | |
| Peer median | $2,521 |
| Koam Engineering Systems: average balance | $60,712 | |
| Peer median | $75,833 |
| Koam Engineering Systems: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.27% |
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 $19.4M at the end of plan year 2021 to $20.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 334 | $20.3M | $501K | $1,500 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 348 | $19.6M | $590K | $1,705 | 0.10% | Not published | Form 5500 ↗ |
| 2022 | 423 | $17.1M | $747K | $1,774 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 394 | $19.4M | $685K | $1,747 | 0.04% | Not published | Form 5500 ↗ |
Other Koam Engineering Systems plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Koam Engineering Systems, Inc. Employee Stock Ownership Plan
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 | Hutchinson & Bloodgood, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Koam Engineering Systems match 401(k) contributions?
The match terms for the Koam Engineering Systems, Inc. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $501K in employer contributions, about $1,500 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Koam Engineering Systems 401(k) match vested?
The vesting schedule for the Koam Engineering Systems, Inc. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Koam Engineering Systems 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Nationwide. The plan administrator is Koam Engineering Systems, Inc..
I left Koam Engineering Systems. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Koam Engineering Systems, Inc., (858) 292-0922) or the recordkeeper, Nationwide. The Koam Engineering Systems old 401(k) page lists the contacts from every plan filing. Find an old Koam Engineering Systems 401(k)
Data from the public Form 5500 annual reports Koam Engineering Systems 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 Koam Engineering Systems. Not financial advice. Report a correction · Methodology