Ventra Ionia 401(k) match, vesting and fees
What Ventra Ionia'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 | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, LLP (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 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Ventra Ionia: employer contribution per participant | $539 | |
| Peer median | $2,413 |
| Ventra Ionia: average balance | $14,431 | |
| Peer median | $86,456 |
| Ventra Ionia: admin expenses ÷ assets | 0.24% | |
| Peer median | 0.12% |
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 $24.3M at the end of plan year 2021 to $28.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,001 | $28.2M | $1.1M | $539 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 2,102 | $24.3M | $936K | $452 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 1,981 | $21.6M | $798K | $409 | 0.29% | Not published | Form 5500 ↗ |
| 2021 | 1,838 | $24.3M | $747K | $409 | 0.33% | Not published | Form 5500 ↗ |
Common questions
Does Ventra Ionia match 401(k) contributions?
The match terms for the Ventra Ionia Union #436 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.1M in employer contributions, about $539 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ventra Ionia 401(k) match vested?
The vesting schedule for the Ventra Ionia Union #436 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ventra Ionia 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Ventra Ionia LLC.
I left Ventra Ionia. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ventra Ionia LLC, (217) 384-6600) or the recordkeeper, Newport Group, Inc.. The Ventra Ionia old 401(k) page lists the contacts from every plan filing. Find an old Ventra Ionia 401(k)
Data from the public Form 5500 annual reports Ventra Ionia 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 Ventra Ionia. Not financial advice. Report a correction · Methodology