May Mobility 401(k) match, vesting and fees
What May Mobility'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 | Merrill Lynch Pierce Fenner & Smith | Schedule C ↗ |
| Independent auditor | Plante Moran (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| May Mobility: employer contribution per participant | $4,211 | |
| Peer median | $1,847 |
| May Mobility: average balance | $64,597 | |
| Peer median | $65,512 |
| May Mobility: admin expenses ÷ assets | 0.37% | |
| 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 $5.1M at the end of plan year 2021 to $22.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 362 | $22.5M | $1.5M | $4,211 | 0.37% | Not published | Form 5500 ↗ |
| 2023 | 364 | $16.1M | $1.5M | $4,240 | 0.40% | Not published | Form 5500 ↗ |
| 2022 | 308 | $8.5M | $935K | $3,328 | 0.54% | Not published | Form 5500 ↗ |
| 2021 | 233 | $5.1M | $604K | $2,733 | 0.61% | Not published | Form 5500 ↗ |
Common questions
Does May Mobility match 401(k) contributions?
The match terms for the May Mobility, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $4,211 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the May Mobility 401(k) match vested?
The vesting schedule for the May Mobility, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the May Mobility 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch Pierce Fenner & Smith. The plan administrator is May Mobility, Inc..
I left May Mobility. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (May Mobility, Inc., (412) 716-8538) or the recordkeeper, Merrill Lynch Pierce Fenner & Smith. The May Mobility old 401(k) page lists the contacts from every plan filing. Find an old May Mobility 401(k)
Data from the public Form 5500 annual reports May Mobility 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 May Mobility. Not financial advice. Report a correction · Methodology