Konica Minolta Business Solutions U.S.A. 401(k) match, vesting and fees
What Konica Minolta Business Solutions U.S.A.'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 | Schedule C ↗ |
| Independent auditor | Withum Smith + Brown. PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 135 defined-contribution plans in professional, scientific, and technical services with 5,000 to 9,999 participants.
| Konica Minolta Business Solutions U.S.A.: employer contribution per participant | $2,062 | |
| Peer median | $2,490 |
| Konica Minolta Business Solutions U.S.A.: average balance | $150,368 | |
| Peer median | $122,161 |
| Konica Minolta Business Solutions U.S.A.: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.05% |
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 $1.2B at the end of plan year 2021 to $1.2B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,987 | $1.2B | $15.8M | $2,062 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 8,334 | $1.1B | $16M | $1,973 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 7,979 | $960M | $15M | $1,875 | 0.09% | Not published | Form 5500 ↗ |
| 2021 | 8,117 | $1.2B | $15.1M | $1,857 | 0.07% | Not published | Form 5500 ↗ |
Other Konica Minolta Business Solutions U.S.A. plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Konica Minolta Business Solutions U.S.A., Inc. Retirement 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.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Konica Minolta Business Solutions U.S.A. match 401(k) contributions?
The match terms for the Konica Minolta 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $15.8M in employer contributions, about $2,062 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Konica Minolta Business Solutions U.S.A. 401(k) match vested?
The vesting schedule for the Konica Minolta 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Konica Minolta Business Solutions U.S.A. 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Konica Minolta Business Solutions U.S.A., Inc..
I left Konica Minolta Business Solutions U.S.A.. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Konica Minolta Business Solutions U.S.A., Inc., (201) 818-3222) or the recordkeeper, Empower Annuity Insurance Company. The Konica Minolta Business Solutions U.S.A. old 401(k) page lists the contacts from every plan filing. Find an old Konica Minolta Business Solutions U.S.A. 401(k)
Data from the public Form 5500 annual reports Konica Minolta Business Solutions U.S.A. 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 Konica Minolta Business Solutions U.S.A.. Not financial advice. Report a correction · Methodology