Vermont Electric Power 401(k) match, vesting and fees
What Vermont Electric Power'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Mcsoley Mccoy & Co (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 289 defined-contribution plans in utilities with 100 to 499 participants.
| Vermont Electric Power: employer contribution per participant | $5,268 | |
| Peer median | $3,629 |
| Vermont Electric Power: average balance | $282,804 | |
| Peer median | $86,045 |
| Vermont Electric Power: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.26% |
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 $60.7M at the end of plan year 2021 to $67.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 239 | $67.6M | $1.3M | $5,268 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 217 | $56.7M | $1.2M | $5,313 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 188 | $47.1M | $1M | $5,459 | — | Not published | Form 5500 ↗ |
| 2021 | 181 | $60.7M | $948K | $5,266 | — | Not published | Form 5500 ↗ |
Other Vermont Electric Power plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Vermont Electric Power Company Pension 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 | Mcsoley Mccoy & Co. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Vermont Electric Power match 401(k) contributions?
The match terms for the Velco 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $5,268 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Vermont Electric Power 401(k) match vested?
The vesting schedule for the Velco 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Vermont Electric Power 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Vermont Electric Power Company, Inc..
I left Vermont Electric Power. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Vermont Electric Power Company, Inc., (802) 773-9161) or the recordkeeper, Fidelity Investments Institutional. The Vermont Electric Power old 401(k) page lists the contacts from every plan filing. Find an old Vermont Electric Power 401(k)
Data from the public Form 5500 annual reports Vermont Electric Power 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 Vermont Electric Power. Not financial advice. Report a correction · Methodology