Mechanix Wear 401(k) match, vesting and fees
What Mechanix Wear'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 | John Hancock USA | Schedule C ↗ |
| Independent auditor | Goehner Accountancy Firm (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Mechanix Wear: employer contribution per participant | $1,337 | |
| Peer median | $1,988 |
| Mechanix Wear: average balance | $62,585 | |
| Peer median | $75,431 |
| Mechanix Wear: admin expenses ÷ assets | 0.50% | |
| Peer median | 0.31% |
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 $7.4M at the end of plan year 2021 to $12.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 263 | $12.8M | $274K | $1,337 | 0.50% | Not published | Form 5500 ↗ |
| 2023 | 302 | $10.8M | $44K | $191 | 0.37% | Not published | Form 5500 ↗ |
| 2022 | 169 | $5.5M | — | — | 0.54% | Not published | Form 5500 ↗ |
| 2021 | 152 | $7.4M | — | — | 0.61% | Not published | Form 5500 ↗ |
Other Mechanix Wear plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Mechanix Wear, Inc. Profit Sharing Plan
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.
| Plan type and status | Profit-sharing · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Mechanix Wear match 401(k) contributions?
The match terms for the Mechanix Wear, LLC 401k Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $274K in employer contributions, about $1,337 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mechanix Wear 401(k) match vested?
The vesting schedule for the Mechanix Wear, LLC 401k Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mechanix Wear 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock USA. The plan administrator is Mechanix Wear, LLC.
I left Mechanix Wear. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mechanix Wear, LLC, (661) 257-0474) or the recordkeeper, John Hancock USA. The Mechanix Wear old 401(k) page lists the contacts from every plan filing. Find an old Mechanix Wear 401(k)
Data from the public Form 5500 annual reports Mechanix Wear 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 Mechanix Wear. Not financial advice. Report a correction · Methodology