Kovatch Castings 401(k) match, vesting and fees
What Kovatch Castings' 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 Co. | Schedule C ↗ |
| Independent auditor | Meaden & Moore Ltd (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.
| Kovatch Castings: employer contribution per participant | $1,609 | |
| Peer median | $1,847 |
| Kovatch Castings: average balance | $49,331 | |
| Peer median | $65,512 |
| Kovatch Castings: admin expenses ÷ assets | 0.51% | |
| 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 $11.2M at the end of plan year 2021 to $10.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 220 | $10.2M | $333K | $1,609 | 0.51% | Not published | Form 5500 ↗ |
| 2023 | 222 | $11.6M | $304K | $1,449 | 0.44% | Not published | Form 5500 ↗ |
| 2022 | 194 | $9.7M | $197K | $1,168 | 0.35% | Not published | Form 5500 ↗ |
| 2021 | 164 | $11.2M | $182K | $1,160 | 0.32% | Not published | Form 5500 ↗ |
Other Kovatch Castings plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Kovatch Castings, 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 | Meaden & Moore (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Kovatch Castings match 401(k) contributions?
The match terms for the Kovatch Castings, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $333K in employer contributions, about $1,609 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Kovatch Castings 401(k) match vested?
The vesting schedule for the Kovatch Castings, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Kovatch Castings 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Co.. The plan administrator is Kovatch Castings, Inc..
I left Kovatch Castings. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Kovatch Castings, Inc., (330) 896-9944) or the recordkeeper, Empower Annuity Insurance Co.. The Kovatch Castings old 401(k) page lists the contacts from every plan filing. Find an old Kovatch Castings 401(k)
Data from the public Form 5500 annual reports Kovatch Castings 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 Kovatch Castings. Not financial advice. Report a correction · Methodology