Oberg Industries 401(k) match, vesting and fees
What Oberg Industries' 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 | Capital Group Retirement Plan Svcs. | Schedule C ↗ |
| Independent auditor | Schneider Downs (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Oberg Industries: employer contribution per participant | $4,582 | |
| Peer median | $2,038 |
| Oberg Industries: average balance | $135,483 | |
| Peer median | $72,907 |
| Oberg Industries: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $111M at the end of plan year 2021 to $116M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 864 | $116M | $3.9M | $4,582 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 877 | $102M | $3.4M | $3,895 | 0.14% | Not published | Form 5500 ↗ |
| 2022 | 873 | $91.7M | $1.8M | $2,132 | 0.23% | Not published | Form 5500 ↗ |
| 2021 | 869 | $111M | $1.6M | $1,944 | 0.26% | Not published | Form 5500 ↗ |
Other Oberg Industries plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Oberg Industries, Inc. Defined Benefit Pension Plan
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.
| Independent auditor | Schneider Downs & Co. Inc. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Oberg Industries match 401(k) contributions?
The match terms for the The Savings & Investment Plan for Employees of Oberg Industries LLC have not been published from its filing yet. The plan year 2024 filing reports $3.9M in employer contributions, about $4,582 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Oberg Industries 401(k) match vested?
The vesting schedule for the The Savings & Investment Plan for Employees of Oberg Industries LLC is not in the data published so far. Your Summary Plan Description states it.
Who manages the Oberg Industries 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Capital Group Retirement Plan Svcs.. The plan administrator is Oberg Industries, LLC.
I left Oberg Industries. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Oberg Industries, LLC, (724) 295-2121) or the recordkeeper, Capital Group Retirement Plan Svcs.. The Oberg Industries old 401(k) page lists the contacts from every plan filing. Find an old Oberg Industries 401(k)
Data from the public Form 5500 annual reports Oberg Industries 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 Oberg Industries. Not financial advice. Report a correction · Methodology