Mason City Clinic 401(k) match, vesting and fees
What Mason City Clinic'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Hogan Hansen, P.C. (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 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Mason City Clinic: employer contribution per participant | $8,427 | |
| Peer median | $1,468 |
| Mason City Clinic: average balance | $564,284 | |
| Peer median | $37,786 |
| Mason City Clinic: admin expenses ÷ assets | 0.08% | |
| 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 $155M at the end of plan year 2021 to $180M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 323 | $180M | $2.7M | $8,427 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 322 | $157M | $2.5M | $7,890 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 326 | $127M | $2.4M | $7,591 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 322 | $155M | $1.8M | $5,840 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Mason City Clinic match 401(k) contributions?
The match terms for the Mason City Clinic, P.C. 401(k) Profit Sharing Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $2.7M in employer contributions, about $8,427 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mason City Clinic 401(k) match vested?
The vesting schedule for the Mason City Clinic, P.C. 401(k) Profit Sharing Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mason City Clinic 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Mason City Clinic, P.C..
I left Mason City Clinic. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mason City Clinic, P.C., (641) 494-5406) or the recordkeeper, Principal Life Insurance Company. The Mason City Clinic old 401(k) page lists the contacts from every plan filing. Find an old Mason City Clinic 401(k)
Data from the public Form 5500 annual reports Mason City Clinic 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 Mason City Clinic. Not financial advice. Report a correction · Methodology