Battery Systems, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $29.0 million was transferred out of the plan. Assets moved to the CONTINENTAL BATTERY 401(K) PLAN (sponsored by CONTINENTAL BATTERY COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the CONTINENTAL BATTERY 401(K) PLAN →

Battery Systems, Inc. 401(k) Plan Facts (plan year 2022)

Plan name
BATTERY SYSTEMS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BATTERY SYSTEMS, INC.
Participants
1,173
Former employees with a balance
0
Plan assets
$2,520,028 at Jul 1, 2022
Employer contributions
$666,956 in plan year 2022 (36% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2022 – Jul 1, 2022
Plan established
Jan 1, 1993
✓ 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 2022 (Jan 1, 2022 – Jul 1, 2022), filed Mar 4, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.87 million went into the plan in contributions, $666,956 of it from the employer (36%).
  • $1.62 million was paid out to participants.

How the Battery Systems, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017608$16.1 million$448,259$624,288
2018614$17.1 million$625,802$364,515
2019680$24.2 million$831,750$1.03 million
20201,115$30.6 million$944,608$1.69 million
20211,134$35.1 million$969,407$3.04 million
2022 (final)1,173$2.52 million$666,956$1.62 million

Battery Systems, Inc. 401(k) Contact Information

Phone
310-667-9320
Mailing address
7446 ORANGEWOOD AVENUE, GARDEN GROVE CA 92841
Plan sponsor
BATTERY SYSTEMS, INC.
Employer identification number (EIN)
77-0437059
Plan number
001

Questions about the Battery Systems, Inc. 401(k)

Is the Battery Systems, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the CONTINENTAL BATTERY 401(K) PLAN.

Does Battery Systems, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $666,956, 36% of all contributions.

Does the Battery Systems, Inc 401(k) have automatic enrollment?

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

How many people are in the Battery Systems, Inc 401(k) plan?

1,173 participants at the start of plan year 2022.

Who manages the Battery Systems, 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.

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