Abraxas Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2009. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Abraxas Corporation 401(k) Plan Facts (plan year 2009)

Plan name
ABRAXAS CORPORATION RETIREMENT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
ABRAXAS CORPORATION
Participants
462 (498 active employees)
Former employees with a balance
28
Plan assets
$14,538,986 at Dec 31, 2009
Average account balance
$56,135 across 259 accounts
Employer contributions
$821,050 in plan year 2009 (21% of all contributions)
Plan year
Jan 1, 2009 – Dec 31, 2009
Plan established
Jan 1, 2001
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2009 (Jan 1, 2009 – Dec 31, 2009), filed Oct 15, 2010. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2009

  • $3.92 million went into the plan in contributions, $821,050 of it from the employer (21%).
  • $558,010 was paid out to participants.
  • Investment and other income added $2.73 million.
  • Administrative expenses were $2,976, about $11 per account.

Abraxas Corporation 401(k) Contact Information

Phone
703-821-8930
Mailing address
12801 WORLDGATE DR. SUITE 800, HERNDON VA 20170
Plan sponsor
ABRAXAS CORPORATION
Employer identification number (EIN)
31-1768456
Plan number
001

Questions about the Abraxas Corporation 401(k)

Is the Abraxas Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2009, and no later filing was found under this employer's EIN.

Does Abraxas Corporation contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $821,050 in employer contributions for plan year 2009.

Does the Abraxas Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Abraxas Corporation 401(k) plan?

462 participants at the start of plan year 2009, 498 of them active employees, and 28 former employees who still had money in the plan.

What is the average 401(k) balance at Abraxas Corporation?

About $56,135 per account: $14.5 million in plan assets across 259 accounts with a balance at the end of plan year 2009.

Who manages the Abraxas Corporation 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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