Scholarship America 403(b) match, vesting and fees
What Scholarship America'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 | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Baker Tilly, US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
Plan history
Plan assets went from $8.2M at the end of plan year 2021 to $11.8M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 246 | $11.8M | $315K | $1,312 | 0.46% | Not published | Form 5500 ↗ |
| 2024 | 236 | $9.6M | $282K | $1,206 | 0.48% | Not published | Form 5500 ↗ |
| 2023 | 228 | $8.2M | $312K | $1,411 | 0.40% | Not published | Form 5500 ↗ |
| 2022 | 230 | $6.8M | $300K | $1,312 | 0.63% | Not published | Form 5500 ↗ |
| 2021 | 236 | $8.2M | $315K | $1,358 | 0.86% | Not published | Form 5500 ↗ |
Common questions
Does Scholarship America match 401(k) contributions?
The match terms for the Scholarship America 403(b) Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $315K in employer contributions, about $1,312 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Scholarship America 401(k) match vested?
The vesting schedule for the Scholarship America 403(b) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Scholarship America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Voya Retirement Insurance & Annuity. The plan administrator is Scholarship America Inc..
I left Scholarship America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Scholarship America Inc., (507) 931-0415) or the recordkeeper, Voya Retirement Insurance & Annuity. The Scholarship America old 401(k) page lists the contacts from every plan filing. Find an old Scholarship America 401(k)
Data from the public Form 5500 annual reports Scholarship America filed with the U.S. Department of Labor (plan years 2021 and 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 Scholarship America. Not financial advice. Report a correction · Methodology