Naumann/Hobbs Material Handling 401(k) match, vesting and fees
What Naumann/Hobbs Material Handling'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 | Ppg Retirement Plan Services, Ltd | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (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 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Naumann/Hobbs Material Handling: employer contribution per participant | $404 | |
| Peer median | $1,847 |
| Naumann/Hobbs Material Handling: average balance | $24,049 | |
| Peer median | $65,512 |
| Naumann/Hobbs Material Handling: admin expenses ÷ assets | 0.51% | |
| Peer median | 0.32% |
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 $12.8M at the end of plan year 2021 to $11.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 524 | $11.2M | $188K | $404 | 0.51% | Not published | Form 5500 ↗ |
| 2023 | 473 | $13M | $246K | $606 | 0.48% | Not published | Form 5500 ↗ |
| 2022 | 394 | $11.1M | $158K | $423 | 0.37% | Not published | Form 5500 ↗ |
| 2021 | 328 | $12.8M | $147K | $491 | 0.40% | Not published | Form 5500 ↗ |
Common questions
Does Naumann/Hobbs Material Handling match 401(k) contributions?
The match terms for the Naumann/Hobbs Material Handling, Inc. 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $188K in employer contributions, about $404 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Naumann/Hobbs Material Handling 401(k) match vested?
The vesting schedule for the Naumann/Hobbs Material Handling, Inc. 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Naumann/Hobbs Material Handling 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Ppg Retirement Plan Services, Ltd. The plan administrator is Naumann/Hobbs Material Handling, Inc..
I left Naumann/Hobbs Material Handling. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Naumann/Hobbs Material Handling, Inc., (602) 437-1331) or the recordkeeper, Ppg Retirement Plan Services, Ltd. The Naumann/Hobbs Material Handling old 401(k) page lists the contacts from every plan filing. Find an old Naumann/Hobbs Material Handling 401(k)
Data from the public Form 5500 annual reports Naumann/Hobbs Material Handling 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 Naumann/Hobbs Material Handling. Not financial advice. Report a correction · Methodology