MDBS, Inc. Hourly 401(k) match, vesting and fees

Plan year 2024 filingMdbs Hourly 401(k) Plan · Plan 001 · EIN 95-4598949Updated Oct 2026

What MDBS, Inc. Hourly's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $2.2M in employer contributions, about $2,005 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$7,809
Average account balance
1,167
Participants (end of year)
$8.8M
Plan assets (end of year)
0.73%
Admin expenses ÷ assets

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.

RecordkeeperStancorp Financial GroupSchedule C ↗
Independent auditorCitrin Cooperman & Company, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 166 defined-contribution plans in accommodation and food services with 1,000 to 4,999 participants.

MDBS, Inc. Hourly: employer contribution per participant$2,005
Peer median$785
MDBS, Inc. Hourly: average balance$7,809
Peer median$30,242
MDBS, Inc. Hourly: admin expenses ÷ assets0.73%
Peer median0.37%

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 $6.4M at the end of plan year 2021 to $8.8M at the end of plan year 2024.

$6.4M2021$5.2M2022$7.1M2023$8.8M2024
End-of-year figures from each plan year's Form 5500 filing for the MDBS, Inc. Hourly plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20241,167$8.8M$2.2M$2,0050.73%Not publishedForm 5500 ↗
20231,395$7.1M$223K$1691.24%Not publishedForm 5500 ↗
20221,454$5.2M$657K$4711.41%Not publishedForm 5500 ↗
20211,284$6.4M$786K$6351.09%Not publishedForm 5500 ↗

Other MDBS, Inc. Hourly plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Mdbs Salaried 401(k) Plan

Plan 002 · EIN 95-4598949 · plan year 2024 filing
$57,243
Average account balance
140
Participants (end of year)
$7.4M
Plan assets (end of year)
0.21%
Admin expenses ÷ assets

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.

RecordkeeperStancorp Financial GroupSchedule C ↗
Independent auditorCitrin Cooperman & Company LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Common questions

Does MDBS, Inc. Hourly match 401(k) contributions?

The match terms for the Mdbs Hourly 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2.2M in employer contributions, about $2,005 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the MDBS, Inc. Hourly 401(k) match vested?

The vesting schedule for the Mdbs Hourly 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the MDBS, Inc. Hourly 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Stancorp Financial Group. The plan administrator is Mdbs, Inc. Hourly.

I left MDBS, Inc. Hourly. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Mdbs, Inc. Hourly, (630) 851-9383) or the recordkeeper, Stancorp Financial Group. The MDBS, Inc. Hourly old 401(k) page lists the contacts from every plan filing. Find an old MDBS, Inc. Hourly 401(k)

Data from the public Form 5500 annual reports MDBS, Inc. Hourly 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 MDBS, Inc. Hourly. Not financial advice. Report a correction · Methodology