Municipal Employees Credit Union of Baltimore 401(k) match, vesting and fees
What Municipal Employees Credit Union of Baltimore'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 | John Hancock | Schedule C ↗ |
| Independent auditor | Doeren Mayhew Assurance (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Municipal Employees Credit Union of Baltimore: employer contribution per participant | $1,733 | |
| Peer median | $2,868 |
| Municipal Employees Credit Union of Baltimore: average balance | $85,177 | |
| Peer median | $95,281 |
| Municipal Employees Credit Union of Baltimore: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.22% |
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 $22.8M at the end of plan year 2021 to $28.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 345 | $28.2M | $574K | $1,733 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 411 | $23.8M | $645K | $1,613 | 0.19% | Not published | Form 5500 ↗ |
| 2022 | 338 | $19.5M | $557K | $1,689 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 337 | $22.8M | $479K | $1,443 | 0.27% | Not published | Form 5500 ↗ |
Other Municipal Employees Credit Union of Baltimore plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Municipal Employees Credit Union of Baltimore Defined Benefit 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 | John Hancock | Schedule C ↗ |
| Independent auditor | Doeren Mayhew Assurance (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Municipal Employees Credit Union of Baltimore match 401(k) contributions?
The match terms for the Municipal Employees Credit Union of Baltimore Defined Contribution Plan have not been published from its filing yet. The plan year 2024 filing reports $574K in employer contributions, about $1,733 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Municipal Employees Credit Union of Baltimore 401(k) match vested?
The vesting schedule for the Municipal Employees Credit Union of Baltimore Defined Contribution Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Municipal Employees Credit Union of Baltimore 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock. The plan administrator is Ms. Michelle Williams.
I left Municipal Employees Credit Union of Baltimore. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ms. Michelle Williams, (410) 752-8313) or the recordkeeper, John Hancock. The Municipal Employees Credit Union of Baltimore old 401(k) page lists the contacts from every plan filing. Find an old Municipal Employees Credit Union of Baltimore 401(k)
Data from the public Form 5500 annual reports Municipal Employees Credit Union of Baltimore 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 Municipal Employees Credit Union of Baltimore. Not financial advice. Report a correction · Methodology