Way Finders 403(b) match, vesting and fees
What Way Finders' 403(b) 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 | Mutual of America Life Ins Co | Schedule C ↗ |
| Independent auditor | Daniel Dennis & Company LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 352 defined-contribution plans in other services with 500 to 999 participants.
| Way Finders: employer contribution per participant | $708 | |
| Peer median | $1,775 |
| Way Finders: average balance | $24,145 | |
| Peer median | $48,211 |
| Way Finders: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.25% |
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 $9.3M at the end of plan year 2021 to $14.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 603 | $14.2M | $418K | $708 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 566 | $12.1M | $367K | $673 | 0.05% | Not published | Form 5500 ↗ |
| 2022 | 457 | $10.4M | $206K | $476 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 416 | $9.3M | $340K | $858 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Way Finders match 401(k) contributions?
The match terms for the 403(b) Thrift Plan of Way Finders, Inc. have not been published from its filing yet. The plan year 2024 filing reports $418K in employer contributions, about $708 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Way Finders 401(k) match vested?
The vesting schedule for the 403(b) Thrift Plan of Way Finders, Inc. is not in the data published so far. Your Summary Plan Description states it.
Who manages the Way Finders 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Mutual of America Life Ins Co. The plan administrator is Way Finders, Inc..
I left Way Finders. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Way Finders, Inc., (413) 785-1251) or the recordkeeper, Mutual of America Life Ins Co. The Way Finders old 401(k) page lists the contacts from every plan filing. Find an old Way Finders 401(k)
Data from the public Form 5500 annual reports Way Finders 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 Way Finders. Not financial advice. Report a correction · Methodology