Lancaster County Motors 401(k) match, vesting and fees
What Lancaster County Motors' 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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Trout Cpa (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Lancaster County Motors: employer contribution per participant | $1,497 | |
| Peer median | $1,216 |
| Lancaster County Motors: average balance | $82,436 | |
| Peer median | $50,590 |
| Lancaster County Motors: admin expenses ÷ assets | 0.63% | |
| 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 $9.9M at the end of plan year 2021 to $13.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 209 | $13.1M | $238K | $1,497 | 0.63% | Not published | Form 5500 ↗ |
| 2023 | 156 | $11.2M | $273K | $1,798 | 0.64% | Not published | Form 5500 ↗ |
| 2022 | 267 | $9M | $273K | $1,673 | 0.68% | Not published | Form 5500 ↗ |
| 2021 | 255 | $9.9M | $261K | $1,766 | 0.53% | Not published | Form 5500 ↗ |
Common questions
Does Lancaster County Motors match 401(k) contributions?
The match terms for the Lancaster County Motors, Inc. Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $238K in employer contributions, about $1,497 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lancaster County Motors 401(k) match vested?
The vesting schedule for the Lancaster County Motors, Inc. Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lancaster County Motors 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Lancaster County Motors, Inc..
I left Lancaster County Motors. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lancaster County Motors, Inc., (877) 736-8092) or the recordkeeper, Newport Group, Inc.. The Lancaster County Motors old 401(k) page lists the contacts from every plan filing. Find an old Lancaster County Motors 401(k)
Data from the public Form 5500 annual reports Lancaster County Motors 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 Lancaster County Motors. Not financial advice. Report a correction · Methodology