Applied Technology & Management, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. 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.

Applied Technology & Management, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
ISLAND GLOBAL YACHTING 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
APPLIED TECHNOLOGY & MANAGEMENT, INC.
Participants
148 (92 active employees)
Former employees with a balance
44
Plan assets
$12,013,058 at Dec 31, 2019
Average account balance
$111,232 across 108 accounts
Employer contributions
$251,422 in plan year 2019 (34% of all contributions)
Recordkeeper
Wells Fargo Bank, N.a.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Feb 5, 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 2019 (Jan 1, 2019 – Dec 31, 2019), filed Aug 19, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $748,112 went into the plan in contributions, $251,422 of it from the employer (34%).
  • $1.34 million was paid out to participants.
  • Investment and other income added $2.35 million.
  • Administrative expenses were $25,774, about $239 per account.

How the Applied Technology & Management, Inc. 401(k) changed, 20142019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014198$8.41 million$103,030$342,148
2015130$8.29 million$107,362$579,117
2016148$8.92 million$48,330$355,641
2017148$10.6 million$183,515$543,057
2018148$10.3 million$201,102$336,477
2019148$12.0 million$251,422$1.34 million

Applied Technology & Management, Inc. 401(k) Contact Information

Phone
386-418-6400
Mailing address
12 MAPLE TREE COURT SUITE 203, GREENVILLE SC 29615
Plan sponsor
APPLIED TECHNOLOGY & MANAGEMENT, INC.
Employer identification number (EIN)
59-2413268
Plan number
002

Questions about the Applied Technology & Management, Inc. 401(k)

Is the Applied Technology & Management, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Applied Technology & Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $251,422, 34% of all contributions.

Does the Applied Technology & Management, Inc 401(k) have automatic enrollment?

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

How many people are in the Applied Technology & Management, Inc 401(k) plan?

148 participants at the start of plan year 2019, 92 of them active employees, and 44 former employees who still had money in the plan.

What is the average 401(k) balance at Applied Technology & Management, Inc?

About $111,232 per account: $12.0 million in plan assets across 108 accounts with a balance at the end of plan year 2019.

Who manages the Applied Technology & Management, Inc 401(k) accounts?

Principal (listed on the filing as WELLS FARGO BANK, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

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