NC Employment Group 401(k) match, vesting and fees

Plan year 2024 filingNeal Communities 401(k) Plan · Plan 001 · EIN 59-1462889Updated Oct 2026

What NC Employment Group's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.6M in employer contributions, about $4,017 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$92,350
Average account balance
446
Participants (end of year)
$37M
Plan assets (end of year)
0.30%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Workplace Services LLCSchedule C ↗
Independent auditorPricekubecka (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.

NC Employment Group: employer contribution per participant$4,017
Peer median$2,411
NC Employment Group: average balance$92,350
Peer median$61,921
NC Employment Group: admin expenses ÷ assets0.30%
Peer median0.39%

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 $23.7M at the end of plan year 2022 to $37M at the end of plan year 2024.

$23.7M2022$29.9M2023$37M2024
End-of-year figures from each plan year's Form 5500 filing for the NC Employment Group plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024446$37M$1.6M$4,0170.30%Not publishedForm 5500 ↗
2023396$29.9M$1.4M$4,0860.23%Not publishedForm 5500 ↗
2022319$23.7M$201K$751<0.01%Not publishedForm 5500 ↗

Common questions

Does NC Employment Group match 401(k) contributions?

The match terms for the Neal Communities 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.6M in employer contributions, about $4,017 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the NC Employment Group 401(k) match vested?

The vesting schedule for the Neal Communities 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the NC Employment Group 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Workplace Services LLC. The plan administrator is Nc Employment Group, Inc..

I left NC Employment Group. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Nc Employment Group, Inc., (888) 720-4429) or the recordkeeper, Fidelity Workplace Services LLC. The NC Employment Group old 401(k) page lists the contacts from every plan filing. Find an old NC Employment Group 401(k)

Data from the public Form 5500 annual reports NC Employment Group filed with the U.S. Department of Labor (plan years 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 NC Employment Group. Not financial advice. Report a correction · Methodology