Network for Life 401(k) match, vesting and fees
What Network for Life'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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Barnes Dennig (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 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Network for Life: employer contribution per participant | $2,141 | |
| Peer median | $1,468 |
| Network for Life: average balance | $49,029 | |
| Peer median | $37,786 |
| Network for Life: admin expenses ÷ assets | 0.40% | |
| Peer median | 0.39% |
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 $16M at the end of plan year 2021 to $21.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 448 | $21.9M | $955K | $2,141 | 0.40% | Not published | Form 5500 ↗ |
| 2023 | 418 | $17.9M | $1M | $2,514 | 0.38% | Not published | Form 5500 ↗ |
| 2022 | 338 | $14.4M | $576K | $1,709 | 0.37% | Not published | Form 5500 ↗ |
| 2021 | 319 | $16M | $744K | $2,346 | 0.55% | Not published | Form 5500 ↗ |
Common questions
Does Network for Life match 401(k) contributions?
The match terms for the Network for Life 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $955K in employer contributions, about $2,141 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Network for Life 401(k) match vested?
The vesting schedule for the Network for Life 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Network for Life 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Network for Life.
I left Network for Life. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Network for Life, (800) 535-5667) or the recordkeeper, Transamerica Retirement Solutions. The Network for Life old 401(k) page lists the contacts from every plan filing. Find an old Network for Life 401(k)
Data from the public Form 5500 annual reports Network for Life 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 Network for Life. Not financial advice. Report a correction · Methodology