Wayne Action Group for Economi 401(k) match, vesting and fees

Plan year 2024 filing401(a) Defined Contribution Plan of Wayne Action Group for Economic Solvency, Inc. · Plan 001 · EIN 56-6070824Updated Oct 2026

What Wayne Action Group for Economi's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $566K in employer contributions, about $1,882 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$14,304
Average account balance
392
Participants (end of year)
$4.3M
Plan assets (end of year)
0.06%
Admin expenses ÷ assets

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.

RecordkeeperMutual of America Investment CorpSchedule C ↗
Independent auditorBarrow, Parris, & Davenport, PA (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 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.

Wayne Action Group for Economi: employer contribution per participant$1,882
Peer median$1,468
Wayne Action Group for Economi: average balance$14,304
Peer median$37,786
Wayne Action Group for Economi: admin expenses ÷ assets0.06%
Peer median0.39%

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 $3.5M at the end of plan year 2021 to $4.3M at the end of plan year 2024.

$3.5M2021$3M2022$3.6M2023$4.3M2024
End-of-year figures from each plan year's Form 5500 filing for the Wayne Action Group for Economi plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024392$4.3M$566K$1,8820.06%Not publishedForm 5500 ↗
2023388$3.6M$517K$1,7390.02%Not publishedForm 5500 ↗
2022300$3M$400K$1,7460.08%Not publishedForm 5500 ↗
2021253$3.5M$310K$1,5870.29%Not publishedForm 5500 ↗

Other Wayne Action Group for Economi plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

403(b) Thrift Plan for Employees of Wayne Action Group for Economic Solvency, Inc.

Plan 002 · EIN 56-6070824 · plan year 2024 filing
$4,204
Average account balance
316
Participants (end of year)
$832K
Plan assets (end of year)
0.13%
Admin expenses ÷ assets

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.

RecordkeeperMutual of America Investment CorpSchedule C ↗
Independent auditorBarrow, Parris, & Davenport, PA (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Common questions

Does Wayne Action Group for Economi match 401(k) contributions?

The match terms for the 401(a) Defined Contribution Plan of Wayne Action Group for Economic Solvency, Inc. have not been published from its filing yet. The plan year 2024 filing reports $566K in employer contributions, about $1,882 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Wayne Action Group for Economi 401(k) match vested?

The vesting schedule for the 401(a) Defined Contribution Plan of Wayne Action Group for Economic Solvency, Inc. is not in the data published so far. Your Summary Plan Description states it.

Who manages the Wayne Action Group for Economi 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Mutual of America Investment Corp. The plan administrator is Wayne Action Group for Economi.

I left Wayne Action Group for Economi. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Wayne Action Group for Economi, (919) 734-1178) or the recordkeeper, Mutual of America Investment Corp. The Wayne Action Group for Economi old 401(k) page lists the contacts from every plan filing. Find an old Wayne Action Group for Economi 401(k)

Data from the public Form 5500 annual reports Wayne Action Group for Economi 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 Wayne Action Group for Economi. Not financial advice. Report a correction · Methodology