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

Arvato Bps, Inc. 401(k) Plan Facts

Plan name
MAJOREL USA, INC
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAJOREL USA, INC. · formerly Arvato Bps, Inc.
Participants
2,018 (676 active employees)
Former employees with a balance
426
Plan assets
$12,752,832 at Dec 31, 2023
Average account balance
$13,340 across 956 accounts
Employer contributions
$674,330 in plan year 2023 (31% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Aug 13, 2019
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Jun 19, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $2.15 million went into the plan in contributions, $674,330 of it from the employer (31%).
  • $2.52 million was paid out to participants.
  • Investment and other income added $2.46 million.
  • Administrative expenses were $49,587, about $52 per account.

How the Arvato Bps, Inc. 401(k) changed, 2019–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019313$8.21 million$137,865$236,568
2020564$9.89 million$448,105$1.31 million
2021784$12.1 million$443,664$1.08 million
20221,125$10.7 million$671,014$1.26 million
20232,018$12.8 million$674,330$2.52 million

Arvato Bps, Inc. 401(k) Contact Information

Phone
480-718-9169
Mailing address
29011 COMMERCE CENTER DRIVE, VALENCIA CA 91355
Plan sponsor
MAJOREL USA, INC.
Employer identification number (EIN)
83-1003774
Plan number
001

Questions about the Arvato Bps, Inc. 401(k)

Does Arvato Bps, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $674,330, 31% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

2,018 participants at the start of plan year 2023, 676 of them active employees, and 426 former employees who still had money in the plan.

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

About $13,340 per account: $12.8 million in plan assets across 956 accounts with a balance at the end of plan year 2023.

Who manages the Arvato Bps, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Arvato Bps, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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