Newton Montessori School Inc. DBA Wellan Montess 403(b) match, vesting and fees
What Newton Montessori School Inc. DBA Wellan Montess' 403(b) 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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Aafcpas Inc. (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 2,134 defined-contribution plans in educational services with 100 to 499 participants.
| Newton Montessori School Inc. DBA Wellan Montess: employer contribution per participant | $1,749 | |
| Peer median | $1,684 |
| Newton Montessori School Inc. DBA Wellan Montess: average balance | $37,962 | |
| Peer median | $62,952 |
| Newton Montessori School Inc. DBA Wellan Montess: admin expenses ÷ assets | 0.92% | |
| Peer median | 0.17% |
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 $3.6M at the end of plan year 2021 to $4.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 154 | $4.5M | $206K | $1,749 | 0.92% | Not published | Form 5500 ↗ |
| 2023 | 159 | $4.1M | $163K | $1,472 | 0.24% | Not published | Form 5500 ↗ |
| 2022 | 136 | $3.4M | $109K | $1,090 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 135 | $3.6M | $108K | $1,084 | 0.06% | Not published | Form 5500 ↗ |
Common questions
Does Newton Montessori School Inc. DBA Wellan Montess match 401(k) contributions?
The match terms for the Wellan Montessori School 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $206K in employer contributions, about $1,749 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Newton Montessori School Inc. DBA Wellan Montess 401(k) match vested?
The vesting schedule for the Wellan Montessori School 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Newton Montessori School Inc. DBA Wellan Montess 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Newton Montessori School Inc. DBA Wellan Montess.
I left Newton Montessori School Inc. DBA Wellan Montess. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Newton Montessori School Inc. DBA Wellan Montess, (617) 916-5923) or the recordkeeper, Empower Annuity Insurance Company. The Newton Montessori School Inc. DBA Wellan Montess old 401(k) page lists the contacts from every plan filing. Find an old Newton Montessori School Inc. DBA Wellan Montess 401(k)
Data from the public Form 5500 annual reports Newton Montessori School Inc. DBA Wellan Montess 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 Newton Montessori School Inc. DBA Wellan Montess. Not financial advice. Report a correction · Methodology