Life Management Center of Northwest Florida 403(b) match, vesting and fees
What Life Management Center of Northwest Florida's 403(b) 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 | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | James Moore & Co., P.L. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · 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.
| Life Management Center of Northwest Florida: employer contribution per participant | $1,181 | |
| Peer median | $1,468 |
| Life Management Center of Northwest Florida: average balance | $26,447 | |
| Peer median | $37,786 |
| Life Management Center of Northwest Florida: admin expenses ÷ assets | 0.55% | |
| 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 $3.4M at the end of plan year 2021 to $3.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 260 | $3.9M | $176K | $1,181 | 0.55% | Not published | Form 5500 ↗ |
| 2023 | 267 | $3.8M | $92K | $702 | 0.27% | Not published | Form 5500 ↗ |
| 2022 | 283 | $3.4M | $145K | $942 | 0.52% | Not published | Form 5500 ↗ |
| 2021 | 266 | $3.4M | $119K | $896 | 0.48% | Not published | Form 5500 ↗ |
Other Life Management Center of Northwest Florida plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Life Management Center of Northwest Florida, Inc. Money Accumulation Pension Plan and Trust
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 | Alerus Financial | Schedule C ↗ |
| Independent auditor | James Moore & Co., L.P. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Life Management Center of Northwest Florida match 401(k) contributions?
The match terms for the Life Management Center of Northwest Florida, Inc. 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $176K in employer contributions, about $1,181 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Life Management Center of Northwest Florida 401(k) match vested?
The vesting schedule for the Life Management Center of Northwest Florida, Inc. 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Life Management Center of Northwest Florida 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial, N.A.. The plan administrator is Life Management Center of Northwest Florida, Inc..
I left Life Management Center of Northwest Florida. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Life Management Center of Northwest Florida, Inc., (850) 522-4485) or the recordkeeper, Alerus Financial, N.A.. The Life Management Center of Northwest Florida old 401(k) page lists the contacts from every plan filing. Find an old Life Management Center of Northwest Florida 401(k)
Data from the public Form 5500 annual reports Life Management Center of Northwest Florida 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 Life Management Center of Northwest Florida. Not financial advice. Report a correction · Methodology