Barings Multifamily Capital Llc 401(k) Plan: Login, Facts & Contact Information
Barings Multifamily Capital Llc 401(k) Login
45 former Barings Multifamily Capital Llc employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Barings Multifamily Capital Llc 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 13, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $6.44 million went into the plan in contributions, $2.21 million of it from the employer (34%).
- $896,926 was paid out to participants.
- Administrative expenses were $10,930, about $42 per account.
How the Barings Multifamily Capital Llc 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 127 | $4.57 million | $256,304 | $448,722 |
| 2018 | 126 | $5.55 million | $267,936 | $644,558 |
| 2019 | 143 | $5.70 million | $0 | $1.04 million |
| 2020 | 118 | $6.73 million | $0 | $279,046 |
| 2021 | 134 | $10.8 million | $566,378 | $1.10 million |
| 2022 | 193 | $13.9 million | $2.21 million | $896,926 |
Barings Multifamily Capital Llc 401(k) Contact Information
Questions about the Barings Multifamily Capital Llc 401(k)
Does Barings Multifamily Capital Llc contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $2.21 million in employer contributions for plan year 2022.
Does the Barings Multifamily Capital Llc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Barings Multifamily Capital Llc 401(k) plan?
193 participants at the start of plan year 2022, 250 of them active employees, and 45 former employees who still had money in the plan.
What is the average 401(k) balance at Barings Multifamily Capital Llc?
About $52,952 per account: $13.9 million in plan assets across 263 accounts with a balance at the end of plan year 2022.
Who manages the Barings Multifamily Capital Llc 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.
I no longer work at Barings Multifamily Capital Llc. How do I access my 401(k)?
Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.