R M Palmer 401(k) match, vesting and fees
What R M Palmer'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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Baker Tilly US, 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 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| R M Palmer: employer contribution per participant | $1,652 | |
| Peer median | $2,038 |
| R M Palmer: average balance | $63,276 | |
| Peer median | $72,907 |
| R M Palmer: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.20% |
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 $47.7M at the end of plan year 2023 to $50.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 875 | $50.6M | $1.3M | $1,652 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 774 | $47.7M | $1.2M | $1,636 | 0.11% | Not published | Form 5500 ↗ |
Common questions
Does R M Palmer match 401(k) contributions?
The match terms for the R M Palmer Company Investment Opportunity Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $1,652 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the R M Palmer 401(k) match vested?
The vesting schedule for the R M Palmer Company Investment Opportunity Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the R M Palmer 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is R M Palmer Company LLC.
I left R M Palmer. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (R M Palmer Company LLC, (610) 372-8971) or the recordkeeper, The Vanguard Group, Inc.. The R M Palmer old 401(k) page lists the contacts from every plan filing. Find an old R M Palmer 401(k)
Data from the public Form 5500 annual reports R M Palmer 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 R M Palmer. Not financial advice. Report a correction · Methodology