Local 360 401(k) and Severance Plan 401(k) match, vesting and fees
What Local 360 401(k) and Severance Plan'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 | Tri-State Administrators Inc | Schedule C ↗ |
| Independent auditor | Baratz & Associates, P.A. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 479 defined-contribution plans in retail trade with 1,000 to 4,999 participants.
| Local 360 401(k) and Severance Plan: employer contribution per participant | $439 | |
| Peer median | $1,023 |
| Local 360 401(k) and Severance Plan: average balance | $3,794 | |
| Peer median | $43,395 |
| Local 360 401(k) and Severance Plan: admin expenses ÷ assets | 2.72% | |
| Peer median | 0.23% |
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 $8.7M at the end of plan year 2021 to $11.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,051 | $11.6M | $1.3M | $439 | 2.72% | Not published | Form 5500 ↗ |
| 2023 | 3,050 | $9.5M | $1.3M | $433 | 2.57% | Not published | Form 5500 ↗ |
| 2022 | 1,093 | $8M | $1M | $959 | 3.13% | Not published | Form 5500 ↗ |
| 2021 | 651 | $8.7M | $689K | $1,058 | 3.96% | Not published | Form 5500 ↗ |
Common questions
Does Local 360 401(k) and Severance Plan match 401(k) contributions?
The match terms for the Local 360 401(k) and Severance Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $439 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Local 360 401(k) and Severance Plan 401(k) match vested?
The vesting schedule for the Local 360 401(k) and Severance Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Local 360 401(k) and Severance Plan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Tri-State Administrators Inc. The plan administrator is Board of Trustees of the Local 360 401(k) and Severance Plan.
I left Local 360 401(k) and Severance Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Board of Trustees of the Local 360 401(k) and Severance Plan, (973) 299-6700) or the recordkeeper, Tri-State Administrators Inc. The Local 360 401(k) and Severance Plan old 401(k) page lists the contacts from every plan filing. Find an old Local 360 401(k) and Severance Plan 401(k)
Data from the public Form 5500 annual reports Local 360 401(k) and Severance Plan 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 Local 360 401(k) and Severance Plan. Not financial advice. Report a correction · Methodology