Actiontec Electronics, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. 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.

Actiontec Electronics, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
SCREENBEAM INC. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCREENBEAM INC. · formerly Actiontec Electronics, Inc.
Participants
180 (60 active employees)
Former employees with a balance
105
Plan assets
$31,134,456 at Dec 31, 2020
Average account balance
$192,188 across 162 accounts
Employer contributions
$172,483 in plan year 2020 (11% of all contributions)
Recordkeeper
Massmutual Retirement Services, Llc
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1998
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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 6, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.55 million went into the plan in contributions, $172,483 of it from the employer (11%).
  • $954,767 was paid out to participants.
  • Investment and other income added $4.33 million.
  • Administrative expenses were $2,800, about $17 per account.

How the Actiontec Electronics, Inc. 401(k) changed, 20152020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015213$18.3 million$201,884$977,153
2016231$20.4 million$213,648$751,878
2017226$22.6 million$192,458$2.83 million
2018183$21.3 million$169,507$1.91 million
2019181$26.2 million$198,402$1.89 million
2020180$31.1 million$172,483$954,767

Actiontec Electronics, Inc. 401(k) Contact Information

Phone
408-548-4835
Mailing address
3301 OLCOTT STREET, SANTA CLARA CA 95054
Plan sponsor
SCREENBEAM INC.
Employer identification number (EIN)
33-0573712
Plan number
001

Questions about the Actiontec Electronics, Inc. 401(k)

Is the Actiontec Electronics, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Actiontec Electronics, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $172,483, 11% of all contributions.

Does the Actiontec Electronics, Inc 401(k) have automatic enrollment?

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

How many people are in the Actiontec Electronics, Inc 401(k) plan?

180 participants at the start of plan year 2020, 60 of them active employees, and 105 former employees who still had money in the plan.

What is the average 401(k) balance at Actiontec Electronics, Inc?

About $192,188 per account: $31.1 million in plan assets across 162 accounts with a balance at the end of plan year 2020.

Who manages the Actiontec Electronics, Inc 401(k) accounts?

Empower (listed on the filing as MASSMUTUAL RETIREMENT SERVICES, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

Related Companies
Headquarter: 320 COMMERCE SUITE 200, IRVINE, CA, 92602
Headquarter: 7808 CREEKRIDGE CIRCLE, MINNEAPOLIS, MN, 55435
Headquarter: 200 VESEY STREET 01-35-03, NEW YORK, NY, 10285
Headquarter: 12920 SOUTHEAST 38TH STREET, BELLEVUE, WA, 98006
Headquarter: 6035 PARKLAND BLVD, CLEVELAND, OH, 441244186