Basic Benefits, Llc 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $12.4 million was transferred out of the plan. Assets moved to the TASC 401(K) PLAN (sponsored by TOTAL ADMINISTRATIVE SERVICES CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the TASC 401(K) PLAN →Basic Benefits, Llc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Basic Benefits, Llc 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 15, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $1.27 million went into the plan in contributions, $546,224 of it from the employer (43%).
- $2.56 million was paid out to participants.
- Investment and other income added $1.46 million.
How the Basic Benefits, Llc 401(k) changed, 2019–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 207 | $12.3 million | $643,233 | $556,899 |
| 2020 (final) | 222 | $0 | $546,224 | $2.56 million |
Basic Benefits, Llc 401(k) Contact Information
Questions about the Basic Benefits, Llc 401(k)
Is the Basic Benefits, Llc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the TASC 401(K) PLAN.
Does Basic Benefits, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $546,224, 43% of all contributions.
Does the Basic Benefits, Llc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Basic Benefits, Llc 401(k) plan?
222 participants at the start of plan year 2020.
Who manages the Basic Benefits, Llc 401(k) accounts?
GREENLEAF TRUST is the plan's recordkeeper, which is where participants log in to see their balance.