Black Horse Carriers, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. 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.

Black Horse Carriers, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
BLACK HORSE CARRIERS, INC. 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BLACK HORSE CARRIERS, INC.
Participants
3,778 (3,612 active employees)
Former employees with a balance
159
Plan assets
$41,475,553 at Dec 31, 2021
Average account balance
$41,642 across 996 accounts
Employer contributions
$741,147 in plan year 2021 (13% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Aug 1, 2000
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 12, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $5.76 million went into the plan in contributions, $741,147 of it from the employer (13%).
  • $3.15 million was paid out to participants.
  • Investment and other income added $4.67 million.
  • Administrative expenses were $197,854, about $199 per account.

How the Black Horse Carriers, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20162,089$15.2 million$343,953$1.16 million
20172,460$19.8 million$437,608$1.83 million
20182,931$20.1 million$522,981$2.57 million
20193,208$28.7 million$620,851$1.86 million
20203,717$34.6 million$683,785$3.36 million
20213,778$41.5 million$741,147$3.15 million

Black Horse Carriers, Inc. 401(k) Contact Information

Phone
630-690-8900
Mailing address
P O BOX 563, READING PA 196030563
Plan sponsor
BLACK HORSE CARRIERS, INC.
Employer identification number (EIN)
36-4284078
Plan number
001

Questions about the Black Horse Carriers, Inc. 401(k)

Is the Black Horse Carriers, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Black Horse Carriers, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $741,147, 13% of all contributions.

Does the Black Horse Carriers, Inc 401(k) have automatic enrollment?

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

How many people are in the Black Horse Carriers, Inc 401(k) plan?

3,778 participants at the start of plan year 2021, 3,612 of them active employees, and 159 former employees who still had money in the plan.

What is the average 401(k) balance at Black Horse Carriers, Inc?

About $41,642 per account: $41.5 million in plan assets across 996 accounts with a balance at the end of plan year 2021.

Who manages the Black Horse Carriers, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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