Avery Technical Resources, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $4.99 million was transferred out of the plan. Assets moved to the RIGUP, INC. 401(K) PLAN (sponsored by RIGUP, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Avery Technical Resources, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
AVERY TECHNICAL RESOURCES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AVERY TECHNICAL RESOURCES, INC.
Participants
246
Former employees with a balance
0
Employer contributions
$229,424 in plan year 2020 (24% of all contributions)
Recordkeeper
Transamerica Life Insurance Company
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 2015
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 – Dec 31, 2020), filed Oct 6, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $970,061 went into the plan in contributions, $229,424 of it from the employer (24%).
  • $2.33 million was paid out to participants.
  • Investment and other income added $915,378.

How the Avery Technical Resources, Inc. 401(k) changed, 20152020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201596$1.15 million$307,119$6,762
2016131$1.73 million$213,569$289,647
2017102$2.67 million$196,228$126,758
2018211$3.41 million$270,502$163,420
2019231$5.48 million$297,318$292,744
2020 (final)246$0$229,424$2.33 million

Avery Technical Resources, Inc. 401(k) Contact Information

Phone
320-983-5948
Mailing address
190TH S. CENTRAL AVE SUITE 202, MILACA MN 56353
Plan sponsor
AVERY TECHNICAL RESOURCES, INC.
Employer identification number (EIN)
20-2578342
Plan number
003

Questions about the Avery Technical Resources, Inc. 401(k)

Is the Avery Technical Resources, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the RIGUP, INC. 401(K) PLAN.

Does Avery Technical Resources, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $229,424, 24% of all contributions.

Does the Avery Technical Resources, Inc 401(k) have automatic enrollment?

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

How many people are in the Avery Technical Resources, Inc 401(k) plan?

246 participants at the start of plan year 2020.

Who manages the Avery Technical Resources, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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