Banctec, Inc. 401(k) Plan (terminated 2016): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2016, when $44.7 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Banctec, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2016 filing.
Banctec, Inc. 401(k) Plan Facts (plan year 2016)
Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Oct 13, 2017. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2016
- $1.08 million went into the plan in contributions, $53,904 of it from the employer (5%).
- $21.5 million was paid out to participants.
- Investment and other income added $2.57 million.
How the Banctec, Inc. 401(k) changed, 2011–2016
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2011 | 1,367 | $68.2 million | $117,021 | $11.4 million |
| 2012 | 1,057 | $68.9 million | $112,400 | $8.13 million |
| 2013 | 960 | $72.1 million | $96,766 | $11.1 million |
| 2014 | 1,699 | $69.5 million | $60,503 | $8.80 million |
| 2015 | 1,615 | $62.6 million | $56,890 | $9.59 million |
| 2016 (final) | 1,654 | $4,391 | $53,904 | $21.5 million |
Banctec, Inc. 401(k) Contact Information
Questions about the Banctec, Inc. 401(k)
Is the Banctec, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2016.
Does Banctec, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $53,904, 5% of all contributions.
Does the Banctec, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Banctec, Inc 401(k) plan?
1,654 participants at the start of plan year 2016.
Who manages the Banctec, Inc 401(k) accounts?
Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.