Michael Best and Friedrich 401(k) match, vesting and fees
What Michael Best and Friedrich'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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,287 defined-contribution plans in professional, scientific, and technical services with 500 to 999 participants.
| Michael Best and Friedrich: employer contribution per participant | $8,036 | |
| Peer median | $2,600 |
| Michael Best and Friedrich: average balance | $322,522 | |
| Peer median | $84,124 |
| Michael Best and Friedrich: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.17% |
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 $283M at the end of plan year 2021 to $321M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,016 | $321M | $8M | $8,036 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 988 | $282M | $7.6M | $7,772 | 0.06% | Not published | Form 5500 ↗ |
| 2022 | 966 | $244M | $6.6M | $6,954 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 904 | $283M | $6M | $7,472 | <0.01% | Not published | Form 5500 ↗ |
Other Michael Best and Friedrich plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Michael Best & Friedrich LLP Partners Cash Balance 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 | Pension (defined benefit) · Active | Form 5500 ↗ |
Michael Best & Friedrich Employees' Pension 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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Clifton Larson Allen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Michael Best and Friedrich match 401(k) contributions?
The match terms for the Michael Best 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $8M in employer contributions, about $8,036 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Michael Best and Friedrich 401(k) match vested?
The vesting schedule for the Michael Best 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Michael Best and Friedrich 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Michael Best and Friedrich, LLP.
I left Michael Best and Friedrich. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Michael Best and Friedrich, LLP, (262) 956-6520) or the recordkeeper, Transamerica Retirement Solutions. The Michael Best and Friedrich old 401(k) page lists the contacts from every plan filing. Find an old Michael Best and Friedrich 401(k)
Data from the public Form 5500 annual reports Michael Best and Friedrich 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 Michael Best and Friedrich. Not financial advice. Report a correction · Methodology