Atlantic Casualty Insurance Company 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $18.0 million was transferred out of the plan. Assets moved to the AUTO-OWNERS INSURANCE COMPANY RETIREMENT SAVINGS PLAN (sponsored by AUTO-OWNERS INSURANCE COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the AUTO-OWNERS INSURANCE COMPANY RETIREMENT SAVINGS PLAN

Atlantic Casualty Insurance Company 401(k) Plan Facts (plan year 2022)

Plan name
ATLANTIC CASUALTY INSURANCE COMPANY 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ATLANTIC CASUALTY INSURANCE COMPANY
Participants
276
Former employees with a balance
0
Employer contributions
$430,586 in plan year 2022 (27% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2022 – Aug 15, 2022
Plan established
Jan 1, 1990
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 2022 (Jan 1, 2022 – Aug 15, 2022), filed Jun 15, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.62 million went into the plan in contributions, $430,586 of it from the employer (27%).
  • $2.23 million was paid out to participants.

How the Atlantic Casualty Insurance Company 401(k) changed, 20192022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019150$14.6 million$379,073$419,657
2020190$17.8 million$474,962$868,285
2021217$21.2 million$572,521$1.72 million
2022 (final)276$0$430,586$2.23 million

Atlantic Casualty Insurance Company 401(k) Contact Information

Phone
919-759-3229
Mailing address
400 COMMERCE COURT, GOLDSBORO NC 27534
Plan sponsor
ATLANTIC CASUALTY INSURANCE COMPANY
Employer identification number (EIN)
56-1382814
Plan number
001

Questions about the Atlantic Casualty Insurance Company 401(k)

Is the Atlantic Casualty Insurance Company 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the AUTO-OWNERS INSURANCE COMPANY RETIREMENT SAVINGS PLAN.

Does Atlantic Casualty Insurance Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $430,586, 27% of all contributions.

Does the Atlantic Casualty Insurance Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Atlantic Casualty Insurance Company 401(k) plan?

276 participants at the start of plan year 2022.

Who manages the Atlantic Casualty Insurance Company 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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