Ascend Performance Materials Operations Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2012. 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.

Ascend Performance Materials Operations Llc 401(k) Plan Facts (plan year 2012)

Plan name
ASCEND SAVINGS & INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ASCEND PERFORMANCE MATERIALS OPERATIONS LLC
Participants
2,114 (2,109 active employees)
Former employees with a balance
233
Plan assets
$119,239,288 at Dec 31, 2012
Average account balance
$51,507 across 2,315 accounts
Employer contributions
$6,296,276 in plan year 2012 (24% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Nov 1, 2009
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 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 4, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $25.8 million went into the plan in contributions, $6.30 million of it from the employer (24%).
  • $5.34 million was paid out to participants.
  • Investment and other income added $10.7 million.
  • Administrative expenses were $39,604, about $17 per account.

How the Ascend Performance Materials Operations Llc 401(k) changed, 20092012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20091,700
20101,765$69.4 million$4.58 million$1.26 million
20111,876$88.2 million$6.01 million$3.90 million
20122,114$119.2 million$6.30 million$5.34 million

Ascend Performance Materials Operations Llc 401(k) Contact Information

Phone
256-552-3412
Mailing address
600 TRAVIS STREET SUITE 300, HOUSTON TX 77002
Plan sponsor
ASCEND PERFORMANCE MATERIALS OPERATIONS LLC
Employer identification number (EIN)
26-4345777
Plan number
002

Questions about the Ascend Performance Materials Operations Llc 401(k)

Is the Ascend Performance Materials Operations Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2012, and no later filing was found under this employer's EIN.

Does Ascend Performance Materials Operations Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $6.30 million, 24% of all contributions.

Does the Ascend Performance Materials Operations Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Ascend Performance Materials Operations Llc 401(k) plan?

2,114 participants at the start of plan year 2012, 2,109 of them active employees, and 233 former employees who still had money in the plan.

What is the average 401(k) balance at Ascend Performance Materials Operations Llc?

About $51,507 per account: $119.2 million in plan assets across 2,315 accounts with a balance at the end of plan year 2012.

Who manages the Ascend Performance Materials Operations Llc 401(k) accounts?

MERCER HR SERVICES, LLC is the plan's recordkeeper, which is where participants log in to see their balance.

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