Ali Group North America Corporation 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $37.1 million was transferred out of the plan. Assets moved to the ALI GROUP RETIREMENT PLAN (sponsored by ALI GROUP NORTH AMERICA CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Ali Group North America Corporation 401(k) Plan Facts (plan year 2020)

Plan name
ALI GROUP NORTH AMERICA CORPORATION 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ALI GROUP NORTH AMERICA CORPORATION
Participants
558
Employer contributions
$385,176 in plan year 2020 (22% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2020 – Aug 31, 2020
Plan established
Jan 1, 1992
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 – Aug 31, 2020), filed Jun 15, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.72 million went into the plan in contributions, $385,176 of it from the employer (22%).
  • $3.98 million was paid out to participants.

How the Ali Group North America Corporation 401(k) changed, 20162020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016523$26.2 million$2.56 million$3.63 million
2017577$30.7 million$2.23 million$4.44 million
2018565$30.4 million$1.91 million$3.24 million
2019554$39.5 million$1.85 million$1.94 million
2020 (final)558$0$385,176$3.98 million

Ali Group North America Corporation 401(k) Contact Information

Phone
336-661-1556
Mailing address
3765 CHAMPION BLVD., WINSTON-SALEM NC 27105
Plan sponsor
ALI GROUP NORTH AMERICA CORPORATION
Employer identification number (EIN)
57-1149631
Plan number
001

Questions about the Ali Group North America Corporation 401(k)

Is the Ali Group North America Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the ALI GROUP RETIREMENT PLAN.

Does Ali Group North America Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $385,176, 22% of all contributions.

Does the Ali Group North America Corporation 401(k) have automatic enrollment?

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

How many people are in the Ali Group North America Corporation 401(k) plan?

558 participants at the start of plan year 2020.

Who manages the Ali Group North America Corporation 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

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