New Century Alhambra Automobiles Inc.DBA New Century BMW 401(k) match, vesting and fees
What New Century Alhambra Automobiles Inc.DBA New Century BMW'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 | Futureplan by Ascensus | Schedule C ↗ |
| Independent auditor | Berliner & Company, an Acct Corp (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| New Century Alhambra Automobiles Inc.DBA New Century BMW: employer contribution per participant | $609 | |
| Peer median | $1,216 |
| New Century Alhambra Automobiles Inc.DBA New Century BMW: average balance | $83,694 | |
| Peer median | $50,590 |
| New Century Alhambra Automobiles Inc.DBA New Century BMW: admin expenses ÷ assets | 0.34% | |
| Peer median | 0.43% |
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 $13.8M at the end of plan year 2021 to $15.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 462 | $15.7M | $114K | $609 | 0.34% | Not published | Form 5500 ↗ |
| 2023 | 441 | $12.9M | $118K | $39,483 | 0.21% | Not published | Form 5500 ↗ |
| 2022 | 417 | $11M | $127K | $668 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 423 | $13.8M | $103K | $546 | 0.22% | Not published | Form 5500 ↗ |
Common questions
Does New Century Alhambra Automobiles Inc.DBA New Century BMW match 401(k) contributions?
The match terms for the New Century Bmw, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $114K in employer contributions, about $609 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the New Century Alhambra Automobiles Inc.DBA New Century BMW 401(k) match vested?
The vesting schedule for the New Century Bmw, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the New Century Alhambra Automobiles Inc.DBA New Century BMW 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Futureplan by Ascensus. The plan administrator is New Century Alhambra Automobiles Inc.Dba New Century Bmw.
I left New Century Alhambra Automobiles Inc.DBA New Century BMW. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (New Century Alhambra Automobiles Inc.Dba New Century Bmw, (626) 570-8444) or the recordkeeper, Futureplan by Ascensus. The New Century Alhambra Automobiles Inc.DBA New Century BMW old 401(k) page lists the contacts from every plan filing. Find an old New Century Alhambra Automobiles Inc.DBA New Century BMW 401(k)
Data from the public Form 5500 annual reports New Century Alhambra Automobiles Inc.DBA New Century BMW 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 New Century Alhambra Automobiles Inc.DBA New Century BMW. Not financial advice. Report a correction · Methodology