Pec Solutions 401(k) match, vesting and fees
What Pec Solutions' 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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Forvis Mazars, 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 3,875 defined-contribution plans in construction with 100 to 499 participants.
| Pec Solutions: employer contribution per participant | $4,067 | |
| Peer median | $2,412 |
| Pec Solutions: average balance | $105,448 | |
| Peer median | $61,736 |
| Pec Solutions: admin expenses ÷ assets | 0.25% | |
| Peer median | 0.39% |
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 $44.2M at the end of plan year 2023 to $50.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 486 | $50.7M | $2M | $4,067 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 461 | $44.2M | $1.9M | $4,032 | 0.30% | Not published | Form 5500 ↗ |
Common questions
Does Pec Solutions match 401(k) contributions?
The match terms for the Pec Solutions, LLC Profit Sharing and 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2M in employer contributions, about $4,067 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Pec Solutions 401(k) match vested?
The vesting schedule for the Pec Solutions, LLC Profit Sharing and 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Pec Solutions 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Pec Solutions LLC.
I left Pec Solutions. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Pec Solutions LLC, (763) 586-1113) or the recordkeeper, Newport Group, Inc.. The Pec Solutions old 401(k) page lists the contacts from every plan filing. Find an old Pec Solutions 401(k)
Data from the public Form 5500 annual reports Pec Solutions filed with the U.S. Department of Labor (plan years 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 Pec Solutions. Not financial advice. Report a correction · Methodology