Proven Partners Manufacturing 401(k) match, vesting and fees
What Proven Partners Manufacturing'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 | Transamerica Financial Life Ins Co | Schedule C ↗ |
| Independent auditor | Wipfli, 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 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Proven Partners Manufacturing: employer contribution per participant | $1,516 | |
| Peer median | $1,847 |
| Proven Partners Manufacturing: average balance | $22,442 | |
| Peer median | $65,512 |
| Proven Partners Manufacturing: admin expenses ÷ assets | 1.13% | |
| 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 $2.7M at the end of plan year 2021 to $2.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 119 | $2.7M | $180K | $1,516 | 1.13% | Not published | Form 5500 ↗ |
| 2023 | 386 | $2.6M | $162K | $1,295 | 1.04% | Not published | Form 5500 ↗ |
| 2022 | 346 | $2M | $165K | $1,214 | 1.02% | Not published | Form 5500 ↗ |
| 2021 | 327 | $2.7M | $144K | $1,009 | 0.99% | Not published | Form 5500 ↗ |
Common questions
Does Proven Partners Manufacturing match 401(k) contributions?
The match terms for the Proven Partners Manufacturing Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $180K in employer contributions, about $1,516 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Proven Partners Manufacturing 401(k) match vested?
The vesting schedule for the Proven Partners Manufacturing Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Proven Partners Manufacturing 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Financial Life Ins Co. The plan administrator is Proven Partners Manufacturing.
I left Proven Partners Manufacturing. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Proven Partners Manufacturing, (847) 488-1230) or the recordkeeper, Transamerica Financial Life Ins Co. The Proven Partners Manufacturing old 401(k) page lists the contacts from every plan filing. Find an old Proven Partners Manufacturing 401(k)
Data from the public Form 5500 annual reports Proven Partners Manufacturing 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 Proven Partners Manufacturing. Not financial advice. Report a correction · Methodology