Biodex Medical Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. 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.

Biodex Medical Systems, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
BIODEX MEDICAL SYSTEMS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BIODEX MEDICAL SYSTEMS, INC.
Participants
223 (181 active employees)
Former employees with a balance
0
Plan assets
$28,163,781 at Dec 31, 2020
Average account balance
$155,601 across 181 accounts
Employer contributions
$172,008 in plan year 2020 (13% of all contributions)
Recordkeeper
Prudential Insurance Company Of Ame
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1980
✓ 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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 13, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.36 million went into the plan in contributions, $172,008 of it from the employer (13%).
  • $5.18 million was paid out to participants.
  • Investment and other income added $3.86 million.
  • Administrative expenses were $4,785, about $26 per account.

How the Biodex Medical Systems, Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015213$21.2 million$171,286$974,404
2016222$23.2 million$175,580$485,266
2017228$27.1 million$186,352$944,734
2018225$26.9 million$193,590$721,815
2019215$28.1 million$203,592$4.57 million
2020223$28.2 million$172,008$5.18 million

Biodex Medical Systems, Inc. 401(k) Contact Information

Phone
631-924-9000
Mailing address
20 RAMSEY ROAD, SHIRLEY NY 11967
Plan sponsor
BIODEX MEDICAL SYSTEMS, INC.
Employer identification number (EIN)
11-2000806
Plan number
001

Questions about the Biodex Medical Systems, Inc. 401(k)

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

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

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

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $172,008, 13% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

223 participants at the start of plan year 2020, 181 of them active employees.

What is the average 401(k) balance at Biodex Medical Systems, Inc?

About $155,601 per account: $28.2 million in plan assets across 181 accounts with a balance at the end of plan year 2020.

Who manages the Biodex Medical Systems, Inc 401(k) accounts?

Empower (listed on the filing as PRUDENTIAL INSURANCE COMPANY OF AME) is the plan's recordkeeper, which is where participants log in to see their balance.

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