Luther Home of Mercy 403(b) match, vesting and fees
What Luther Home of Mercy'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 | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
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.
| Luther Home of Mercy: employer contribution per participant | $462 | |
| Peer median | $1,468 |
| Luther Home of Mercy: average balance | $46,261 | |
| Peer median | $37,786 |
| Luther Home of Mercy: admin expenses ÷ assets | <0.01% | |
| 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 $9.2M at the end of plan year 2021 to $10M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 464 | $10M | $100K | $462 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 505 | $9.2M | $86K | $332 | 0.00% | Not published | Form 5500 ↗ |
Other Luther Home of Mercy plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Luther Home of Mercy Retirement Savings 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 | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Common questions
Does Luther Home of Mercy match 401(k) contributions?
The match terms for the Luther Home of Mercy Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $100K in employer contributions, about $462 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Luther Home of Mercy 401(k) match vested?
The vesting schedule for the Luther Home of Mercy Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Luther Home of Mercy 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Luther Home of Mercy.
I left Luther Home of Mercy. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Luther Home of Mercy, (419) 972-4393) or the recordkeeper, Voya Retirement Insurance & Annuity. The Luther Home of Mercy old 401(k) page lists the contacts from every plan filing. Find an old Luther Home of Mercy 401(k)
Data from the public Form 5500 annual reports Luther Home of Mercy 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 Luther Home of Mercy. Not financial advice. Report a correction · Methodology