Penny Lane Centers 401(k) match, vesting and fees
What Penny Lane Centers' 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 | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Harrington Group (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.
| Penny Lane Centers: employer contribution per participant | $595 | |
| Peer median | $1,337 |
| Penny Lane Centers: average balance | $35,981 | |
| Peer median | $35,764 |
| Penny Lane Centers: admin expenses ÷ assets | 0.37% | |
| Peer median | 0.32% |
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 $19M at the end of plan year 2021 to $21.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 599 | $21.3M | $352K | $595 | 0.37% | Not published | Form 5500 ↗ |
| 2023 | 629 | $17.9M | $334K | $538 | 0.06% | Not published | Form 5500 ↗ |
| 2022 | 645 | $16.4M | $331K | $519 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 713 | $19M | $387K | $548 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does Penny Lane Centers match 401(k) contributions?
The match terms for the Penny Lane 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $352K in employer contributions, about $595 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Penny Lane Centers 401(k) match vested?
The vesting schedule for the Penny Lane 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Penny Lane Centers 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Pentegra.
I left Penny Lane Centers. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Pentegra, (844) 367-2848) or the recordkeeper, ADP, Inc.. The Penny Lane Centers old 401(k) page lists the contacts from every plan filing. Find an old Penny Lane Centers 401(k)
Data from the public Form 5500 annual reports Penny Lane Centers 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 Penny Lane Centers. Not financial advice. Report a correction · Methodology