Service Minds 401(k) match, vesting and fees
What Service Minds' 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 | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Meihaus Cpa PC (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 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Service Minds: employer contribution per participant | $2,711 | |
| Peer median | $2,411 |
| Service Minds: average balance | $16,672 | |
| Peer median | $61,921 |
| Service Minds: admin expenses ÷ assets | 1.75% | |
| Peer median | 0.39% |
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 $1.2M at the end of plan year 2022 to $5.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 638 | $5.6M | $906K | $2,711 | 1.75% | Not published | Form 5500 ↗ |
| 2023 | 658 | $3.8M | $769K | $2,229 | 1.95% | Not published | Form 5500 ↗ |
| 2022 | 574 | $1.2M | $157K | $647 | 0.47% | Not published | Form 5500 ↗ |
Common questions
Does Service Minds match 401(k) contributions?
The match terms for the Service Minds, LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $906K in employer contributions, about $2,711 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Service Minds 401(k) match vested?
The vesting schedule for the Service Minds, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Service Minds 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Service Minds, LLC.
I left Service Minds. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Service Minds, LLC, (813) 624-9762) or the recordkeeper, ADP, Inc.. The Service Minds old 401(k) page lists the contacts from every plan filing. Find an old Service Minds 401(k)
Data from the public Form 5500 annual reports Service Minds filed with the U.S. Department of Labor (plan years 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 Service Minds. Not financial advice. Report a correction · Methodology