Simantel Group 401(k) match, vesting and fees
What Simantel 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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Bethke 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 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Simantel Group: employer contribution per participant | $2,452 | |
| Peer median | $2,521 |
| Simantel Group: average balance | $51,760 | |
| Peer median | $75,833 |
| Simantel Group: admin expenses ÷ assets | 0.44% | |
| Peer median | 0.27% |
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 $6.5M at the end of plan year 2021 to $9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 173 | $9M | $424K | $2,452 | 0.44% | Not published | Form 5500 ↗ |
| 2023 | 212 | $7.1M | $340K | $2,035 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 152 | $5M | $250K | $1,746 | 0.14% | Not published | 5500-SF ↗ |
| 2021 | 119 | $6.5M | $207K | $1,919 | 0.01% | Not published | 5500-SF ↗ |
Common questions
Does Simantel Group match 401(k) contributions?
The match terms for the Simantel Group Ltd 401k Profit Sharing Plan & Trus have not been published from its filing yet. The plan year 2024 filing reports $424K in employer contributions, about $2,452 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Simantel Group 401(k) match vested?
The vesting schedule for the Simantel Group Ltd 401k Profit Sharing Plan & Trus is not in the data published so far. Your Summary Plan Description states it.
Who manages the Simantel Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Simantel Group Ltd.
I left Simantel Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Simantel Group Ltd, (309) 674-7747) or the recordkeeper, Empower Annuity Insurance Company. The Simantel Group old 401(k) page lists the contacts from every plan filing. Find an old Simantel Group 401(k)
Data from the public Form 5500 annual reports Simantel 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 Simantel Group. Not financial advice. Report a correction · Methodology