Fulton Financial Corporation 401(k) match: 5% max
Fulton Financial Corporation 401(k) Retirement Plan · FULT · CIK 700564
The Form 5500 filed for this plan states its recordkeeper as “FULTON BANK, N.A.”, which is the field as filed. That spelling matches no name in this site’s recordkeeper table, so the page prints the field and names no company. What the filing says about them.
Maximum employer match, as a share of pay
5%
Fulton Financial Corporation matches 100% (dollar-for-dollar) of the first 5% of pay.
From the Form 11-K filed June 25, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What Fulton Financial puts in, and what the plan costs
What Fulton Financial put into the plan, per active participant
$4,084
Fulton Financial Corporation put $4,084 into this plan for each of its 3,364 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Fulton Financial put in less per active participant than 64% of plans with 5,000+ participants in investment management and securities. The middle plan in that group of 45 reported $6,786. Investment management and securities comes from business code 523110, which Fulton Financial entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Fulton Financial pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 232195389, plan 001 · DOL EFAST2 ↗
The $4,084 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Fulton Financial Corporation also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,475 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Fulton Financial puts in
$2,475
a year, at a $49,500 salary.
The match paragraph, word for word
“The Employer shall make a matching contribution equal to 100% of the first 5% of compensation deferred.”
What you contribute to collect all of it
Contribute at least 5% of your pay to collect the full match.
That is $2,475 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are immediately vested in their voluntary, employer matching, and rollover contributions plus actual earnings thereon. Vesting in the profit sharing account is based on years of service. Participants become 100% vested in their profit sharing accounts after completion of five years of credited service.”
A worker hired today collects no match for 1 year. This is a filed term, and it does not move the score above.
Eligibility, word for word
“Eligible employees who have completed 30 days of service and who have attained age 21 may make employee contributions to the Plan. To receive an employer matching contribution, an employee must complete a year of service.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
39th percentile
$44.58 per participant in plan-paid administrative cost, cheaper than 61% of plans with 5,000+ participants.
What is Fulton Financial's 401(k) match formula?
Fulton Financial's 401(k) employer match tops out at 5% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 5% of pay |
|---|---|
| Maximum employer match | 5% of compensation |
| Other employer contribution | Profit-sharing contribution: discretionary, allocated uniformly on the basis of compensation; eligibility limited to employees hired before July 1, 2007 under the eligibility requirements in effect on that date, or active participants in the Fulton Financial Affiliates Defined Benefit Pension Plan as of December 31, 2007; no profit-sharing contribution was made for 2025 or 2024 |
At a $45,000 salary, contributing 5% ($2,250) earns the full employer match of $2,250 for the year.
What the filing says, word for word
“The Employer shall make a matching contribution equal to 100% of the first 5% of compensation deferred.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Fulton Financial's 401(k) vesting schedule?
Fulton Financial vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | Full vesting upon plan termination |
| Other employer contributions | Profit sharing account: cliff vesting, 100% after completion of five years of credited service |
Vesting, word for word
“Participants are immediately vested in their voluntary, employer matching, and rollover contributions plus actual earnings thereon. Vesting in the profit sharing account is based on years of service. Participants become 100% vested in their profit sharing accounts after completion of five years of credited service.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
Who can join Fulton Financial's 401(k), and is enrollment automatic?
Fulton Financial enrolls new hires automatically at 3% of pay, rising 1% a year to 10% of pay.
| Plan entry | 30 days of service and attainment of age 21, for employee salary-deferral contributions |
|---|---|
| Match eligibility | Completion of one year of service; eligible the first pay of the month following one year of service. Effective January 1, 2026 (subsequent event), this one-year service requirement was eliminated and the minimum age requirement was reduced from 21 to 18 for salary deferrals and employer matching contributions. |
| Automatic enrollment | Yes: default deferral 3% of pay; auto-escalation +1%/yr to 10% |
Eligibility, word for word
“Eligible employees who have completed 30 days of service and who have attained age 21 may make employee contributions to the Plan. To receive an employer matching contribution, an employee must complete a year of service.”
Automatic enrollment, word for word
“Eligible employees who have not elected to contribute, or not contribute, will automatically have contributions made to the Plan. The deemed election will start at 3% of eligible compensation and will continue until an affirmative Plan election to contribute a different percentage (including zero) is made. The deemed election becomes effective as soon as practicable once the eligible employee is enrolled in the Plan. If, as of January 1st, a deemed election has been in effect for at least 180 days, then the deemed deferral percentage will increase by 1% (but not to exceed a total percentage of 10%), effective as soon as administratively practicable after the following April 1st.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports a recordkeeper it names only as “FULTON BANK, N.A.”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
| Recordkeeper | “FULTON BANK, N.A.” |
|---|---|
| Recordkeeper EIN | 231928421 |
What does the Fulton Financial plan report on Form 5500?
The Fulton Financial plan reported $569.1M in assets and 5,190 participants for plan year 2024.
| Total plan assets | $569,078,655 |
|---|---|
| Participants | 5,190 |
| Plan-paid admin cost per participant | $44.58 |
How that cost compares
This plan pays $44.58 per participant. The median across plans in investment management and securities is $111.34, from the 882 of 960 whose Form 5500 yields a per-participant cost.
Read from the Form 5500 filing of Fulton Financial Corporation 401(k) Retirement Plan, which has no page of its own here.
How does Fulton Financial's 401(k) match compare?
Fulton Financial Corporation's maximum 401(k) match of 5% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in investment management and securities, two land near Fulton Financial's maximum match and one vests on the same schedule.
Maximum match 5% of pay. Also in investment management and securities.
Maximum match 5% of pay. Also in investment management and securities.
Maximum match 3.75% of pay. Also in investment management and securities.
Maximum match 5% of pay, level with Fulton Financial.
Maximum match 5% of pay, level with Fulton Financial.
Maximum match 4% of pay. Vests immediately too, like Fulton Financial.
Compare Fulton Financial Corporation with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 25, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is Fulton Financial Corporation's 401(k) match?
Fulton Financial Corporation matches 100% of employee contributions up to 5% of eligible pay (plan year ended December 31, 2025).
When does the Fulton Financial Corporation 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Fulton Financial Corporation's 401(k) plan have automatic enrollment?
Yes: default deferral 3% of pay; auto-escalation +1%/yr to 10%.
Who is the recordkeeper for Fulton Financial Corporation's 401(k)?
Schedule C of the Form 5500 filed for Fulton Financial Corporation 401(k) Retirement Plan for plan year 2024 states the recordkeeper as “FULTON BANK, N.A.”, printed here exactly as filed. That spelling matches no name in this site’s recordkeeper table, so the page prints the field and names no company. The recordkeeper is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that Fulton Financial Corporation filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | Fulton Financial Corporation |
| SEC CIK | 700564 |
| Accession number | 0000700564-26-000022 |
| Plan | Fulton Financial Corporation 401(k) Retirement Plan |
| Period of report | December 31, 2025 |
| Filed | June 25, 2026 |
401(k) Monitor is not affiliated with Fulton Financial Corporation, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “Fulton Financial Corporation 401(k) plan facts”, from SEC Form 11-K accession 0000700564-26-000022, plan year ended December 31, 2025.
