Service Pros Installation Group 401(k) match, vesting and fees
What Service Pros Installation Group'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 | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Parsons Cpa, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Service Pros Installation Group: employer contribution per participant | $2,266 | |
| Peer median | $2,411 |
| Service Pros Installation Group: average balance | $37,095 | |
| Peer median | $61,921 |
| Service Pros Installation Group: admin expenses ÷ assets | 0.11% | |
| 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 $3.2M at the end of plan year 2021 to $6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 310 | $6M | $369K | $2,266 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 331 | $4.7M | $367K | $2,149 | 0.13% | Not published | Form 5500 ↗ |
| 2022 | 324 | $3.4M | $360K | $2,153 | 0.14% | Not published | Form 5500 ↗ |
| 2021 | 289 | $3.2M | $291K | $2,037 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Service Pros Installation Group match 401(k) contributions?
The match terms for the Service Pros Installation Group 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $369K in employer contributions, about $2,266 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Service Pros Installation Group 401(k) match vested?
The vesting schedule for the Service Pros Installation Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Service Pros Installation Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is Service Pros Installation Group, Inc..
I left Service Pros Installation Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Service Pros Installation Group, Inc., (704) 681-9445) or the recordkeeper, John Hancock Life Insurance Company. The Service Pros Installation Group old 401(k) page lists the contacts from every plan filing. Find an old Service Pros Installation Group 401(k)
Data from the public Form 5500 annual reports Service Pros Installation Group 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 Service Pros Installation Group. Not financial advice. Report a correction · Methodology