Strategies to Empower People 401(k) match, vesting and fees
What Strategies to Empower People'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 Life Annuity Insurance | Schedule C ↗ |
| Independent auditor | Campbell Taylor Washburn (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Strategies to Empower People: employer contribution per participant | $1,840 | |
| Peer median | $1,468 |
| Strategies to Empower People: average balance | $49,007 | |
| Peer median | $37,786 |
| Strategies to Empower People: admin expenses ÷ assets | 0.56% | |
| 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 $9.8M at the end of plan year 2021 to $8.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 176 | $8.6M | $324K | $1,840 | 0.56% | Not published | Form 5500 ↗ |
| 2023 | 455 | $10M | $308K | $677 | 0.51% | Not published | Form 5500 ↗ |
| 2022 | 404 | $8.4M | $282K | $1,729 | 0.55% | Not published | Form 5500 ↗ |
| 2021 | 421 | $9.8M | $250K | $1,601 | 0.53% | Not published | Form 5500 ↗ |
Other Strategies to Empower People plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Strategies to Empower People Employee Stock Ownership Plan
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.
| Independent auditor | Campbell Taylor Washburn (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Strategies to Empower People match 401(k) contributions?
The match terms for the The Step Program, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $324K in employer contributions, about $1,840 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Strategies to Empower People 401(k) match vested?
The vesting schedule for the The Step Program, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Strategies to Empower People 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Life Annuity Insurance. The plan administrator is Pentegra Services, Inc..
I left Strategies to Empower People. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Pentegra Services, Inc., (866) 633-4015) or the recordkeeper, Empower Life Annuity Insurance. The Strategies to Empower People old 401(k) page lists the contacts from every plan filing. Find an old Strategies to Empower People 401(k)
Data from the public Form 5500 annual reports Strategies to Empower People 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 Strategies to Empower People. Not financial advice. Report a correction · Methodology