Robert R McCormick Foundation 403(b) match, vesting and fees
What Robert R McCormick Foundation's 403(b) 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2023 medians for 2,531 defined-contribution plans in other services with 100 to 499 participants.
| Robert R McCormick Foundation: employer contribution per participant | $3,436 | |
| Peer median | $1,724 |
| Robert R McCormick Foundation: average balance | $110,686 | |
| Peer median | $43,972 |
| Robert R McCormick Foundation: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.30% |
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 $20.8M at the end of plan year 2022 to $24.1M at the end of plan year 2023.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2023 | 224 | $24.1M | $749K | $3,436 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 186 | $20.8M | $505K | $3,040 | <0.01% | Not published | Form 5500 ↗ |
Other Robert R McCormick Foundation plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Robert R. Mccormick Foundations 403(b) Plan
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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Robert R. Mccormick Foundations Defined Contribution Plan
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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Common questions
Does Robert R McCormick Foundation match 401(k) contributions?
The match terms for the Robert R. Mccormick Foundations 403(b) Plan have not been published from its filing yet. The plan year 2023 filing reports $749K in employer contributions, about $3,436 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Robert R McCormick Foundation 401(k) match vested?
The vesting schedule for the Robert R. Mccormick Foundations 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Robert R McCormick Foundation 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Principal Life Insurance Company. The plan administrator is Robert R Mccormick Foundation.
I left Robert R McCormick Foundation. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Robert R Mccormick Foundation, (312) 445-5000) or the recordkeeper, Principal Life Insurance Company. The Robert R McCormick Foundation old 401(k) page lists the contacts from every plan filing. Find an old Robert R McCormick Foundation 401(k)
Data from the public Form 5500 annual reports Robert R McCormick Foundation 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 Robert R McCormick Foundation. Not financial advice. Report a correction · Methodology