Bbva Compass Bancshares, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2012. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Bbva Compass Bancshares, Inc. 401(k) Plan Facts (plan year 2012)

Plan name
COMPASS SMARTINVESTOR 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BBVA COMPASS BANCSHARES, INC.
Participants
14,642 (11,261 active employees)
Former employees with a balance
3,075
Plan assets
$585,686,127 at Dec 31, 2012
Average account balance
$46,598 across 12,569 accounts
Employer contributions
$17,399,081 in plan year 2012 (32% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Jan 1, 1976
✓ 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 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 15, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $55.2 million went into the plan in contributions, $17.4 million of it from the employer (32%).
  • $54.6 million was paid out to participants.
  • Investment and other income added $51.3 million.
  • Administrative expenses were $294,316, about $23 per account.

How the Bbva Compass Bancshares, Inc. 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
200913,938$465.9 million$14.7 million$58.1 million
201015,042$464.1 million$17.1 million$64.8 million
201114,652$486.1 million$16.7 million$44.4 million
201214,642$585.7 million$17.4 million$54.6 million

Bbva Compass Bancshares, Inc. 401(k) Contact Information

Phone
800-239-2265
Mailing address
15 SOUTH 20TH STREET, SUITE 1201, BIRMINGHAM AL 35233
Plan sponsor
BBVA COMPASS BANCSHARES, INC.
Employer identification number (EIN)
52-2070698
Plan number
002

Questions about the Bbva Compass Bancshares, Inc. 401(k)

Is the Bbva Compass Bancshares, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2012, and no later filing was found under this employer's EIN.

Does Bbva Compass Bancshares, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $17.4 million, 32% of all contributions.

Does the Bbva Compass Bancshares, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Bbva Compass Bancshares, Inc 401(k) plan?

14,642 participants at the start of plan year 2012, 11,261 of them active employees, and 3,075 former employees who still had money in the plan.

What is the average 401(k) balance at Bbva Compass Bancshares, Inc?

About $46,598 per account: $585.7 million in plan assets across 12,569 accounts with a balance at the end of plan year 2012.

Who manages the Bbva Compass Bancshares, Inc 401(k) accounts?

Schwab Retirement Plan Services is the plan's recordkeeper, which is where participants log in to see their balance.

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