Barber-nichols Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2021. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Barber-nichols Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Barber-nichols Inc. 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Nov 23, 2021), filed Jan 30, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $869,953 went into the plan in contributions, $217,839 of it from the employer (25%).
- $30.5 million was paid out to participants.
- Investment and other income added $2.41 million.
How the Barber-nichols Inc. 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 79 | $15.5 million | $432,000 | $394,396 |
| 2017 | 98 | $19.1 million | $601,768 | $370,046 |
| 2018 | 113 | $19.1 million | $801,500 | $1.14 million |
| 2019 | 136 | $22.3 million | $964,906 | $2.66 million |
| 2020 | 144 | $27.3 million | $1.26 million | $898,288 |
| 2021 (final) | 172 | $0 | $217,839 | $30.5 million |
Barber-nichols Inc. 401(k) Contact Information
Questions about the Barber-nichols Inc. 401(k)
Is the Barber-nichols Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2021.
Does Barber-nichols Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $217,839, 25% of all contributions.
Does the Barber-nichols Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Barber-nichols Inc 401(k) plan?
172 participants at the start of plan year 2021.
Who manages the Barber-nichols 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.