National Lift Truck 401(k) match, vesting and fees
What National Lift Truck'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 | Merrill Lynch, Pierce, Fenner & Smi | Schedule C ↗ |
| Independent auditor | Cjg Partners, 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 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| National Lift Truck: employer contribution per participant | $4,921 | |
| Peer median | $1,988 |
| National Lift Truck: average balance | $142,094 | |
| Peer median | $75,431 |
| National Lift Truck: admin expenses ÷ assets | 0.01% | |
| Peer median | 0.31% |
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 $26.2M at the end of plan year 2021 to $28.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 237 | $28.3M | $979K | $4,921 | 0.01% | Not published | Form 5500 ↗ |
| 2023 | 229 | $25.7M | $827K | $4,239 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 204 | $20.7M | $737K | $4,412 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 197 | $26.2M | $599K | $3,674 | <0.01% | Not published | Form 5500 ↗ |
Common questions
Does National Lift Truck match 401(k) contributions?
The match terms for the National Lift Truck Companies Profit Sharing 401k Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $979K in employer contributions, about $4,921 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the National Lift Truck 401(k) match vested?
The vesting schedule for the National Lift Truck Companies Profit Sharing 401k Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the National Lift Truck 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner & Smi. The plan administrator is National Lift Truck, Inc..
I left National Lift Truck. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (National Lift Truck, Inc., (630) 782-1000) or the recordkeeper, Merrill Lynch, Pierce, Fenner & Smi. The National Lift Truck old 401(k) page lists the contacts from every plan filing. Find an old National Lift Truck 401(k)
Data from the public Form 5500 annual reports National Lift Truck 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 National Lift Truck. Not financial advice. Report a correction · Methodology