Peak Industrial 401(k) match, vesting and fees
What Peak Industrial'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 | New Port Group, Inc | Schedule C ↗ |
| Independent auditor | Eide Bailly LLP (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.
| Peak Industrial: employer contribution per participant | $2,407 | |
| Peer median | $1,216 |
| Peak Industrial: average balance | $96,332 | |
| Peer median | $50,590 |
| Peak Industrial: admin expenses ÷ assets | 0.54% | |
| 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 $17M at the end of plan year 2021 to $17.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 270 | $17.3M | $433K | $2,407 | 0.54% | Not published | Form 5500 ↗ |
| 2023 | 329 | $15.2M | $417K | $2,305 | 0.53% | Not published | Form 5500 ↗ |
| 2022 | 234 | $14.3M | $428K | $2,276 | 0.54% | Not published | Form 5500 ↗ |
| 2021 | 275 | $17M | $420K | $1,951 | 0.80% | Not published | Form 5500 ↗ |
Common questions
Does Peak Industrial match 401(k) contributions?
The match terms for the Peak Industrial Inc. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $433K in employer contributions, about $2,407 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Peak Industrial 401(k) match vested?
The vesting schedule for the Peak Industrial Inc. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Peak Industrial 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is New Port Group, Inc. The plan administrator is Peak Industrial Inc..
I left Peak Industrial. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Peak Industrial Inc., (801) 443-9130) or the recordkeeper, New Port Group, Inc. The Peak Industrial old 401(k) page lists the contacts from every plan filing. Find an old Peak Industrial 401(k)
Data from the public Form 5500 annual reports Peak Industrial 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 Peak Industrial. Not financial advice. Report a correction · Methodology