Vip Cycle & Sports Center 401(k) match, vesting and fees
What Vip Cycle & Sports Center'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 | Cohnreznick, 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 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Vip Cycle & Sports Center: employer contribution per participant | $462 | |
| Peer median | $1,216 |
| Vip Cycle & Sports Center: average balance | $80,806 | |
| Peer median | $50,590 |
| Vip Cycle & Sports Center: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.43% |
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 $8.3M at the end of plan year 2021 to $10M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 175 | $10M | $57K | $462 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 145 | $8.6M | $53K | $457 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 143 | $7M | $55K | $465 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 142 | $8.3M | $50K | $428 | 0.02% | Not published | Form 5500 ↗ |
Common questions
Does Vip Cycle & Sports Center match 401(k) contributions?
The match terms for the Vms Tax Sheltered Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $57K in employer contributions, about $462 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Vip Cycle & Sports Center 401(k) match vested?
The vesting schedule for the Vms Tax Sheltered Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Vip Cycle & Sports Center 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Vip Cycle & Sports Center, Inc..
I left Vip Cycle & Sports Center. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Vip Cycle & Sports Center, Inc., (908) 753-1500) or the recordkeeper, Fidelity Investments Institutional. The Vip Cycle & Sports Center old 401(k) page lists the contacts from every plan filing. Find an old Vip Cycle & Sports Center 401(k)
Data from the public Form 5500 annual reports Vip Cycle & Sports Center 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 Vip Cycle & Sports Center. Not financial advice. Report a correction · Methodology