Methods Machine Tools 401(k) match, vesting and fees
What Methods Machine Tools' 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 | Capital Group Retirement Plan Svcs. | Schedule C ↗ |
| Independent auditor | Stowe & Degon LLC (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.
| Methods Machine Tools: employer contribution per participant | $631 | |
| Peer median | $1,847 |
| Methods Machine Tools: average balance | $128,682 | |
| Peer median | $65,512 |
| Methods Machine Tools: admin expenses ÷ assets | 0.18% | |
| 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 $62.8M at the end of plan year 2021 to $60.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 498 | $60.2M | $295K | $631 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 655 | $54.2M | $295K | $483 | 0.19% | Not published | Form 5500 ↗ |
| 2022 | 659 | $49.1M | $507K | $835 | 0.18% | Not published | Form 5500 ↗ |
| 2021 | 601 | $62.8M | $1.2M | $2,157 | 0.18% | Not published | Form 5500 ↗ |
Common questions
Does Methods Machine Tools match 401(k) contributions?
The match terms for the Methods Machine Tools, Inc. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $295K in employer contributions, about $631 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Methods Machine Tools 401(k) match vested?
The vesting schedule for the Methods Machine Tools, Inc. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Methods Machine Tools 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Capital Group Retirement Plan Svcs.. The plan administrator is Methods Machine Tools, Inc..
I left Methods Machine Tools. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Methods Machine Tools, Inc., (978) 443-5388) or the recordkeeper, Capital Group Retirement Plan Svcs.. The Methods Machine Tools old 401(k) page lists the contacts from every plan filing. Find an old Methods Machine Tools 401(k)
Data from the public Form 5500 annual reports Methods Machine Tools 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 Methods Machine Tools. Not financial advice. Report a correction · Methodology