Specialty Equipment Market Association 401(k) match, vesting and fees
What Specialty Equipment Market Association'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 | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Pension Assurance, LLP (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.
| Specialty Equipment Market Association: employer contribution per participant | $4,644 | |
| Peer median | $2,521 |
| Specialty Equipment Market Association: average balance | $142,078 | |
| Peer median | $75,833 |
| Specialty Equipment Market Association: admin expenses ÷ assets | 0.23% | |
| 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 $33.1M at the end of plan year 2021 to $38.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 271 | $38.5M | $1.3M | $4,644 | 0.23% | Not published | Form 5500 ↗ |
| 2023 | 270 | $36M | $1.1M | $4,253 | 0.26% | Not published | Form 5500 ↗ |
| 2022 | 247 | $33.3M | $1M | $4,066 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 242 | $33.1M | $986K | $4,089 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does Specialty Equipment Market Association match 401(k) contributions?
The match terms for the Sema 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $4,644 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Specialty Equipment Market Association 401(k) match vested?
The vesting schedule for the Sema 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Specialty Equipment Market Association 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Specialty Equipment Market Association.
I left Specialty Equipment Market Association. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Specialty Equipment Market Association, (909) 978-6683) or the recordkeeper, Voya Retirement Insurance & Annuity. The Specialty Equipment Market Association old 401(k) page lists the contacts from every plan filing. Find an old Specialty Equipment Market Association 401(k)
Data from the public Form 5500 annual reports Specialty Equipment Market Association 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 Specialty Equipment Market Association. Not financial advice. Report a correction · Methodology