Mai Wealth Management 401(k) match, vesting and fees
What Mai Wealth Management'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 | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 208 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Mai Wealth Management: employer contribution per participant | $3,855 | |
| Peer median | $3,090 |
| Mai Wealth Management: average balance | $136,656 | |
| Peer median | $119,169 |
| Mai Wealth Management: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.10% |
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 $36.8M at the end of plan year 2021 to $89.1M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 659 | $89.1M | $2.5M | $3,855 | 0.03% | Not published | Form 5500 ↗ |
| 2024 | 563 | $67.7M | $2M | $3,598 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 473 | $46.8M | $1.7M | $3,710 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 421 | $35.6M | $1.3M | $3,292 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 328 | $36.8M | $1.2M | $4,110 | 0.07% | Not published | Form 5500 ↗ |
Common questions
Does Mai Wealth Management match 401(k) contributions?
The match terms for the Mai Wealth Management Employee 401(k) Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $2.5M in employer contributions, about $3,855 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mai Wealth Management 401(k) match vested?
The vesting schedule for the Mai Wealth Management Employee 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mai Wealth Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Voya Retirement Insurance & Annuity. The plan administrator is Mai Wealth Management, Inc..
I left Mai Wealth Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mai Wealth Management, Inc., (216) 920-4911) or the recordkeeper, Voya Retirement Insurance & Annuity. The Mai Wealth Management old 401(k) page lists the contacts from every plan filing. Find an old Mai Wealth Management 401(k)
Data from the public Form 5500 annual reports Mai Wealth Management filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Mai Wealth Management. Not financial advice. Report a correction · Methodology