Lutheran Family Services of Virginia, Inc. DBA Encircle 401(k) match, vesting and fees
What Lutheran Family Services of Virginia, Inc. DBA Encircle'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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Brown Edwards & Company Cpas (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 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Lutheran Family Services of Virginia, Inc. DBA Encircle: employer contribution per participant | $1,591 | |
| Peer median | $1,337 |
| Lutheran Family Services of Virginia, Inc. DBA Encircle: average balance | $29,040 | |
| Peer median | $35,764 |
| Lutheran Family Services of Virginia, Inc. DBA Encircle: admin expenses ÷ assets | 0.61% | |
| Peer median | 0.32% |
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 $7.6M at the end of plan year 2021 to $14.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 527 | $14.6M | $800K | $1,591 | 0.61% | Not published | Form 5500 ↗ |
| 2023 | 496 | $12M | $744K | $1,587 | 0.71% | Not published | Form 5500 ↗ |
| 2022 | 474 | $9.6M | $512K | $1,149 | 0.81% | Not published | Form 5500 ↗ |
| 2021 | 467 | $7.6M | $418K | $958 | 0.89% | Not published | Form 5500 ↗ |
Common questions
Does Lutheran Family Services of Virginia, Inc. DBA Encircle match 401(k) contributions?
The match terms for the Lutheran Family Services of Virginia, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $800K in employer contributions, about $1,591 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lutheran Family Services of Virginia, Inc. DBA Encircle 401(k) match vested?
The vesting schedule for the Lutheran Family Services of Virginia, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lutheran Family Services of Virginia, Inc. DBA Encircle 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Lutheran Family Services of Virginia, Inc. DBA Encircle.
I left Lutheran Family Services of Virginia, Inc. DBA Encircle. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lutheran Family Services of Virginia, Inc. DBA Encircle, (540) 314-8719) or the recordkeeper, Empower Annuity Insurance Company. The Lutheran Family Services of Virginia, Inc. DBA Encircle old 401(k) page lists the contacts from every plan filing. Find an old Lutheran Family Services of Virginia, Inc. DBA Encircle 401(k)
Data from the public Form 5500 annual reports Lutheran Family Services of Virginia, Inc. DBA Encircle 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 Lutheran Family Services of Virginia, Inc. DBA Encircle. Not financial advice. Report a correction · Methodology