Koons of Silver Spring 401(k) match, vesting and fees
What Koons of Silver Spring'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 Workplace Services, LLC | Schedule C ↗ |
| Independent auditor | Baker Tilly US, 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 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Koons of Silver Spring: employer contribution per participant | $1,544 | |
| Peer median | $1,216 |
| Koons of Silver Spring: average balance | $54,402 | |
| Peer median | $50,590 |
| Koons of Silver Spring: admin expenses ÷ assets | 0.41% | |
| Peer median | 0.43% |
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 $6.4M at the end of plan year 2021 to $8.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 219 | $8.5M | $241K | $1,544 | 0.41% | Not published | Form 5500 ↗ |
| 2023 | 185 | $7.3M | $167K | $1,133 | 0.35% | Not published | Form 5500 ↗ |
| 2022 | 155 | $5.6M | $251K | $1,675 | 0.58% | Not published | Form 5500 ↗ |
| 2021 | 151 | $6.4M | $184K | $1,271 | 0.32% | Not published | Form 5500 ↗ |
Common questions
Does Koons of Silver Spring match 401(k) contributions?
The match terms for the Koons of Silver Spring Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $241K in employer contributions, about $1,544 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Koons of Silver Spring 401(k) match vested?
The vesting schedule for the Koons of Silver Spring Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Koons of Silver Spring 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Workplace Services, LLC. The plan administrator is Koons of Silver Spring, Inc..
I left Koons of Silver Spring. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Koons of Silver Spring, Inc., (301) 890-6107) or the recordkeeper, Fidelity Workplace Services, LLC. The Koons of Silver Spring old 401(k) page lists the contacts from every plan filing. Find an old Koons of Silver Spring 401(k)
Data from the public Form 5500 annual reports Koons of Silver Spring 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 Koons of Silver Spring. Not financial advice. Report a correction · Methodology