Metropolitan Management Group 401(k) match, vesting and fees
What Metropolitan Management Group'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 | July Business Services, LLC | Schedule C ↗ |
| Independent auditor | Belfint, Lyons & Shuman, P.A. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Metropolitan Management Group: employer contribution per participant | $1,094 | |
| Peer median | $2,411 |
| Metropolitan Management Group: average balance | $20,022 | |
| Peer median | $61,921 |
| Metropolitan Management Group: admin expenses ÷ assets | 1.33% | |
| 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 $493K at the end of plan year 2021 to $4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 224 | $4M | $221K | $1,094 | 1.33% | Not published | Form 5500 ↗ |
| 2023 | 193 | $2.3M | $188K | $1,107 | 1.03% | Not published | Form 5500 ↗ |
| 2022 | 161 | $1.2M | $138K | $991 | 1.43% | Not published | Form 5500 ↗ |
| 2021 | 138 | $493K | $12K | $103 | 1.00% | Not published | 5500-SF ↗ |
Common questions
Does Metropolitan Management Group match 401(k) contributions?
The match terms for the Metropolitan Companies 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $221K in employer contributions, about $1,094 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Metropolitan Management Group 401(k) match vested?
The vesting schedule for the Metropolitan Companies 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Metropolitan Management Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is July Business Services, LLC. The plan administrator is Metropolitan Management Group.
I left Metropolitan Management Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Metropolitan Management Group, (610) 288-7700) or the recordkeeper, July Business Services, LLC. The Metropolitan Management Group old 401(k) page lists the contacts from every plan filing. Find an old Metropolitan Management Group 401(k)
Data from the public Form 5500 annual reports Metropolitan Management Group 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 Management Group. Not financial advice. Report a correction · Methodology