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

No recent filing

No Form 5500 has been filed for this plan since plan year 2015. 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.

Aeroturbine, Inc. 401(k) Plan Facts (plan year 2015)

Plan name
AEROTURBINE, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AEROTURBINE, INC.
Participants
450 (408 active employees)
Former employees with a balance
111
Plan assets
$10,052,542 at Dec 31, 2015
Average account balance
$22,142 across 454 accounts
Employer contributions
$695,250 in plan year 2015 (32% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
May 2, 2005
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 2015 (Jan 1, 2015 – Dec 31, 2015), filed Oct 14, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $2.17 million went into the plan in contributions, $695,250 of it from the employer (32%).
  • $1.15 million was paid out to participants.
  • Administrative expenses were $42,633, about $94 per account.

How the Aeroturbine, Inc. 401(k) changed, 20102015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010219$3.74 million$383,042$515,607
2011235$4.41 million$429,102$221,633
2012287$6.04 million$507,741$484,585
2013296$7.54 million$576,822$1.01 million
2014348$9.22 million$626,134$672,012
2015450$10.1 million$695,250$1.15 million

Aeroturbine, Inc. 401(k) Contact Information

Phone
954-747-3800
Mailing address
15701 SW 29TH STREET, MIRAMAR FL 33027
Plan sponsor
AEROTURBINE, INC.
Employer identification number (EIN)
65-0784737
Plan number
001

Questions about the Aeroturbine, Inc. 401(k)

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

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2015, and no later filing was found under this employer's EIN.

Does Aeroturbine, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $695,250, 32% of all contributions.

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

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

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

450 participants at the start of plan year 2015, 408 of them active employees, and 111 former employees who still had money in the plan.

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

About $22,142 per account: $10.1 million in plan assets across 454 accounts with a balance at the end of plan year 2015.

Who manages the Aeroturbine, Inc 401(k) accounts?

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

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