Mountainone Financial retirement plan: assets, participants and fees
What Mountainone Financial's retirement plan 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 | Baker Newman Noyes, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 347 pension plans in finance and insurance with 100 to 499 participants.
| Mountainone Financial: employer contribution per participant | $1,789 | |
| Peer median | $2,959 |
| Mountainone Financial: average balance | $194,961 | |
| Peer median | $135,456 |
| Mountainone Financial: admin expenses ÷ assets | 0.50% | |
| Peer median | 0.34% |
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 $20.2M at the end of plan year 2021 to $24M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 123 | $24M | $220K | $1,789 | 0.50% | Not published | Form 5500 ↗ |
| 2023 | 126 | $23.8M | $1M | $7,937 | 0.55% | Not published | Form 5500 ↗ |
| 2022 | 127 | $19.6M | — | — | 0.49% | Not published | Form 5500 ↗ |
| 2021 | 132 | $20.2M | $1M | $7,576 | 0.43% | Not published | Form 5500 ↗ |
Common questions
Does Mountainone Financial match 401(k) contributions?
The match terms for the Mountainone Financial, Inc. Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $220K in employer contributions, about $1,789 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mountainone Financial 401(k) match vested?
The vesting schedule for the Mountainone Financial, Inc. Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mountainone Financial 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Mountainone Financial, Inc..
I left Mountainone Financial. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mountainone Financial, Inc., (413) 663-5353) or the recordkeeper, Principal Life Insurance Company. The Mountainone Financial old 401(k) page lists the contacts from every plan filing. Find an old Mountainone Financial 401(k)
Data from the public Form 5500 annual reports Mountainone Financial 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 Mountainone Financial. Not financial advice. Report a correction · Methodology