Metropolitan Alliance of Connected Communities 401(k) match, vesting and fees
What Metropolitan Alliance of Connected Communities' 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 | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Olsen Thielen & Co. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
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.
| Metropolitan Alliance of Connected Communities: employer contribution per participant | $1,368 | |
| Peer median | $1,468 |
| Metropolitan Alliance of Connected Communities: average balance | $27,613 | |
| Peer median | $37,786 |
| Metropolitan Alliance of Connected Communities: admin expenses ÷ assets | 0.82% | |
| 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 $3.2M at the end of plan year 2021 to $2.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 161 | $2.8M | $137K | $1,368 | 0.82% | Not published | Form 5500 ↗ |
| 2023 | 207 | $2.5M | $113K | $873 | 0.94% | Not published | Form 5500 ↗ |
| 2022 | 194 | $2.6M | $99K | $808 | 0.79% | Not published | Form 5500 ↗ |
| 2021 | 177 | $3.2M | $87K | $796 | 0.60% | Not published | Form 5500 ↗ |
Other Metropolitan Alliance of Connected Communities plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Macc 403(b) Retirement Savings 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.
| Recordkeeper | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Olsen Thielen & Co., Ltd. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Common questions
Does Metropolitan Alliance of Connected Communities match 401(k) contributions?
The match terms for the Macc 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $137K in employer contributions, about $1,368 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Metropolitan Alliance of Connected Communities 401(k) match vested?
The vesting schedule for the Macc 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Metropolitan Alliance of Connected Communities 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial, N.A.. The plan administrator is Metropolitan Alliance of Connected Communities.
I left Metropolitan Alliance of Connected Communities. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Metropolitan Alliance of Connected Communities, (612) 341-1601) or the recordkeeper, Alerus Financial, N.A.. The Metropolitan Alliance of Connected Communities old 401(k) page lists the contacts from every plan filing. Find an old Metropolitan Alliance of Connected Communities 401(k)
Data from the public Form 5500 annual reports Metropolitan Alliance of Connected Communities 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 Metropolitan Alliance of Connected Communities. Not financial advice. Report a correction · Methodology