Propeller Industries 401(k) match, vesting and fees
What Propeller 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 | Empower Life & Annuity Insurance Co | Schedule C ↗ |
| Independent auditor | Pb Mares LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 3,569 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Propeller Industries: employer contribution per participant | $3,223 | |
| Peer median | $2,719 |
| Propeller Industries: average balance | $87,705 | |
| Peer median | $85,424 |
| Propeller Industries: admin expenses ÷ assets | 0.50% | |
| Peer median | 0.27% |
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 $7.7M at the end of plan year 2022 to $13.2M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 211 | $13.2M | $487K | $3,223 | 0.50% | Not published | Form 5500 ↗ |
| 2024 | 215 | $10M | $408K | $2,084 | 0.50% | Not published | Form 5500 ↗ |
| 2023 | 232 | $8.7M | $564K | $2,554 | 0.51% | Not published | Form 5500 ↗ |
| 2022 | 221 | $7.7M | $208K | $940 | 0.19% | Not published | Form 5500 ↗ |
Common questions
Does Propeller Industries match 401(k) contributions?
The match terms for the Propeller Industries, LLC 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $487K in employer contributions, about $3,223 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Propeller Industries 401(k) match vested?
The vesting schedule for the Propeller Industries, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Propeller Industries 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Life & Annuity Insurance Co. The plan administrator is Propeller Industries, LLC.
I left Propeller Industries. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Propeller Industries, LLC, (888) 552-5710) or the recordkeeper, Empower Life & Annuity Insurance Co. The Propeller Industries old 401(k) page lists the contacts from every plan filing. Find an old Propeller Industries 401(k)
Data from the public Form 5500 annual reports Propeller Industries filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024 and 2025) 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 Propeller Industries. Not financial advice. Report a correction · Methodology