Nichols Portland 401(k) match, vesting and fees

Plan year 2024 filingNichols Portland, Inc. 401(k) Savings Plan · Plan 002 · EIN 81-1497658Updated Oct 2026

What Nichols Portland'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 $1.4M in employer contributions, about $1,790 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$50,494
Average account balance
912
Participants (end of year)
$40.6M
Plan assets (end of year)
0.45%
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.

RecordkeeperJohn Hancock Retirement Plan ServicSchedule C ↗
Independent auditorBdmp Assurance, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.

Nichols Portland: employer contribution per participant$1,790
Peer median$2,038
Nichols Portland: average balance$50,494
Peer median$72,907
Nichols Portland: admin expenses ÷ assets0.45%
Peer median0.20%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets were $40.6M at the end of plan year 2024.

$40.6M2024
End-of-year figures from each plan year's Form 5500 filing for the Nichols Portland plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024912$40.6M$1.4M$1,7900.45%Not publishedForm 5500 ↗

Other Nichols Portland plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Nichols Portland, LLC 401(k) Savings Plan

Plan 001 · EIN 81-1497658 · plan year 2023 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
1.83%
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.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorBerry Dunn Mcneil & Parker LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · Terminated (final filing)Form 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

Common questions

Does Nichols Portland match 401(k) contributions?

The match terms for the Nichols Portland, Inc. 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1.4M in employer contributions, about $1,790 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Nichols Portland 401(k) match vested?

The vesting schedule for the Nichols Portland, Inc. 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Nichols Portland 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Retirement Plan Servic. The plan administrator is Nichols Portland, Inc..

I left Nichols Portland. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Nichols Portland, Inc., (814) 781-1301) or the recordkeeper, John Hancock Retirement Plan Servic. The Nichols Portland old 401(k) page lists the contacts from every plan filing. Find an old Nichols Portland 401(k)

Data from the public Form 5500 annual reports Nichols Portland 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 Nichols Portland. Not financial advice. Report a correction · Methodology