Preston Management 401(k) match, vesting and fees
What Preston Management'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 | John Hancock Life Ins Co USA | Schedule C ↗ |
| Independent auditor | Grossman Yanak & Ford LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Preston Management: employer contribution per participant | $1,687 | |
| Peer median | $1,216 |
| Preston Management: average balance | $89,746 | |
| Peer median | $50,590 |
| Preston Management: admin expenses ÷ assets | 0.56% | |
| 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 $18.9M at the end of plan year 2021 to $22.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 442 | $22.2M | $417K | $1,687 | 0.56% | Not published | Form 5500 ↗ |
| 2023 | 441 | $19M | $387K | $1,751 | 0.55% | Not published | Form 5500 ↗ |
| 2022 | 384 | $16.7M | $486K | $2,303 | 0.56% | Not published | Form 5500 ↗ |
| 2021 | 456 | $18.9M | $412K | $2,062 | 0.64% | Not published | Form 5500 ↗ |
Common questions
Does Preston Management match 401(k) contributions?
The match terms for the Preston Management, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $417K in employer contributions, about $1,687 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Preston Management 401(k) match vested?
The vesting schedule for the Preston Management, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Preston Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Ins Co USA. The plan administrator is Preston Management, Inc..
I left Preston Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Preston Management, Inc., (724) 658-9610) or the recordkeeper, John Hancock Life Ins Co USA. The Preston Management old 401(k) page lists the contacts from every plan filing. Find an old Preston Management 401(k)
Data from the public Form 5500 annual reports Preston Management 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 Preston Management. Not financial advice. Report a correction · Methodology