Momentum Platform 401(k) match, vesting and fees
What Momentum Platform'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Weaver and Tidwell L.L.P. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 159 defined-contribution plans in management of companies and enterprises with 1,000 to 4,999 participants.
| Momentum Platform: employer contribution per participant | $4,817 | |
| Peer median | $2,554 |
| Momentum Platform: average balance | $69,888 | |
| Peer median | $101,397 |
| Momentum Platform: admin expenses ÷ assets | 0.28% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $98.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,448 | $98.3M | $6.8M | $4,817 | 0.28% | Not published | Form 5500 ↗ |
Common questions
Does Momentum Platform match 401(k) contributions?
The match terms for the Momentum 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $6.8M in employer contributions, about $4,817 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Momentum Platform 401(k) match vested?
The vesting schedule for the Momentum 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Momentum Platform 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Momentum Platform, LLC.
I left Momentum Platform. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Momentum Platform, LLC, (469) 422-9339) or the recordkeeper, Principal Life Insurance Company. The Momentum Platform old 401(k) page lists the contacts from every plan filing. Find an old Momentum Platform 401(k)
Data from the public Form 5500 annual reports Momentum Platform filed with the U.S. Department of Labor (plan years 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 Momentum Platform. Not financial advice. Report a correction · Methodology