Murphy-Hoffman 401(k) match, vesting and fees
What Murphy-Hoffman'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Pickett, Chaney & Mcmullen, 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 56 defined-contribution plans in wholesale trade with 5,000 to 9,999 participants.
| Murphy-Hoffman: employer contribution per participant | $2,438 | |
| Peer median | $2,404 |
| Murphy-Hoffman: average balance | $71,705 | |
| Peer median | $85,831 |
| Murphy-Hoffman: admin expenses ÷ assets | 0.09% | |
| 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 went from $354M at the end of plan year 2023 to $405M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,163 | $405M | $13.8M | $2,438 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 5,647 | $354M | $14M | $2,547 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does Murphy-Hoffman match 401(k) contributions?
The match terms for the Murphy-Hoffman Company Employee Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $13.8M in employer contributions, about $2,438 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Murphy-Hoffman 401(k) match vested?
The vesting schedule for the Murphy-Hoffman Company Employee Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Murphy-Hoffman 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Murphy-Hoffman Company.
I left Murphy-Hoffman. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Murphy-Hoffman Company, (816) 483-6444) or the recordkeeper, Fidelity Investments Institutional. The Murphy-Hoffman old 401(k) page lists the contacts from every plan filing. Find an old Murphy-Hoffman 401(k)
Data from the public Form 5500 annual reports Murphy-Hoffman filed with the U.S. Department of Labor (plan years 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 Murphy-Hoffman. Not financial advice. Report a correction · Methodology