Bmc Acquisition, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2022, when $72.1 million was transferred out of the plan. Assets moved to the TRUIST FINANCIAL CORPORATION 401(K) SAVINGS PLAN (sponsored by TRUIST FINANCIAL CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the TRUIST FINANCIAL CORPORATION 401(K) SAVINGS PLAN →Bmc Acquisition, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2022 filing.
Bmc Acquisition, Inc. 401(k) Plan Facts (plan year 2022)
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Aug 1, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $6.00 million went into the plan in contributions, $1.25 million of it from the employer (21%).
- $10.5 million was paid out to participants.
How the Bmc Acquisition, Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 1,483 | $68.1 million | $1.43 million | $8.52 million |
| 2018 | 1,328 | $65.8 million | $1.48 million | $7.87 million |
| 2019 | 1,454 | $79.1 million | $1.71 million | $8.88 million |
| 2020 | 1,507 | $86.9 million | $1.69 million | $14.0 million |
| 2021 | 1,195 | $91.5 million | $1.54 million | $15.2 million |
| 2022 (final) | 1,152 | $0 | $1.25 million | $10.5 million |
Bmc Acquisition, Inc. 401(k) Contact Information
Questions about the Bmc Acquisition, Inc. 401(k)
Is the Bmc Acquisition, 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 TRUIST FINANCIAL CORPORATION 401(K) SAVINGS PLAN.
Does Bmc Acquisition, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $1.25 million, 21% of all contributions.
Does the Bmc Acquisition, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Bmc Acquisition, Inc 401(k) plan?
1,152 participants at the start of plan year 2022.
Who manages the Bmc Acquisition, 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.