Acumen, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2021, when $5.01 million was transferred out of the plan. Assets moved to the TEAM PUBLIC CHOICES 401(K) PLAN (sponsored by TEAM PUBLIC CHOICES, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Acumen, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Acumen, Inc. 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – May 1, 2021), filed Jun 12, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $655,897 went into the plan in contributions, $70,546 of it from the employer (11%).
- $61,619 was paid out to participants.
- Investment and other income added $307,131.
How the Acumen, Inc. 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 70 | $1.41 million | $0 | $398,610 |
| 2017 | 91 | $1.67 million | $63,861 | $75,515 |
| 2018 | 95 | $2.31 million | $144,560 | $95,580 |
| 2019 | 110 | $3.07 million | $144,774 | $185,300 |
| 2020 | 178 | $4.12 million | $185,061 | $150,881 |
| 2021 (final) | 276 | $70,546 | $70,546 | $61,619 |
Acumen, Inc. 401(k) Contact Information
Questions about the Acumen, Inc. 401(k)
Is the Acumen, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the TEAM PUBLIC CHOICES 401(K) PLAN.
Does Acumen, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $70,546, 11% of all contributions.
Does the Acumen, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Acumen, Inc 401(k) plan?
276 participants at the start of plan year 2021.
Who manages the Acumen, Inc 401(k) accounts?
Nationwide is the plan's recordkeeper, which is where participants log in to see their balance.