Lantern Community Services, in 401(k) match, vesting and fees
What Lantern Community Services, in'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 | Mutual of America Investment Corp | Schedule C ↗ |
| Independent auditor | Mengel, Metzger, Barr & Co. 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 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Lantern Community Services, in: employer contribution per participant | $841 | |
| Peer median | $1,468 |
| Lantern Community Services, in: average balance | $16,203 | |
| Peer median | $37,786 |
| Lantern Community Services, in: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.39% |
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 $3.3M at the end of plan year 2021 to $4.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 344 | $4.7M | $244K | $841 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 346 | $3.9M | $168K | $593 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 253 | $3.2M | $159K | $664 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 147 | $3.3M | $179K | $1,297 | 0.94% | Not published | Form 5500 ↗ |
Common questions
Does Lantern Community Services, in match 401(k) contributions?
The match terms for the Safe-Harbor 401(k) Profit Sharing Plan for Employees of Lantern Community Services, Inc. have not been published from its filing yet. The plan year 2024 filing reports $244K in employer contributions, about $841 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lantern Community Services, in 401(k) match vested?
The vesting schedule for the Safe-Harbor 401(k) Profit Sharing Plan for Employees of Lantern Community Services, Inc. is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lantern Community Services, in 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Mutual of America Investment Corp. The plan administrator is Lantern Community Services, in.
I left Lantern Community Services, in. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lantern Community Services, in, (212) 398-2073) or the recordkeeper, Mutual of America Investment Corp. The Lantern Community Services, in old 401(k) page lists the contacts from every plan filing. Find an old Lantern Community Services, in 401(k)
Data from the public Form 5500 annual reports Lantern Community Services, in 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 Lantern Community Services, in. Not financial advice. Report a correction · Methodology