Boston Market Corporation 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.

Boston Market Corporation 401(k) Plan Facts (plan year 2021)

Plan name
BOSTON MARKET CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BOSTON MARKET CORPORATION
Participants
2,661 (2,133 active employees)
Former employees with a balance
134
Plan assets
$18,260,017 at Dec 31, 2021
Average account balance
$48,435 across 377 accounts
Employer contributions
$125,441 in plan year 2021 (10% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Aug 27, 2007
✓ 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 17, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $1.25 million went into the plan in contributions, $125,441 of it from the employer (10%).
  • $2.05 million was paid out to participants.
  • Investment and other income added $2.35 million.
  • Administrative expenses were $190,145, about $504 per account.

How the Boston Market Corporation 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20165,053$16.2 million$2,286$2.73 million
20175,036$16.9 million$5$2.59 million
20184,466$15.5 million$0$1.74 million
20194,289$17.6 million$214,188$2.23 million
20203,706$16.9 million$140,103$3.35 million
20212,661$18.3 million$125,441$2.05 million

Boston Market Corporation 401(k) Contact Information

Phone
303-278-9500
Mailing address
14103 DENVER WEST PARKWAY, GOLDEN CO 80401
Plan sponsor
BOSTON MARKET CORPORATION
Employer identification number (EIN)
36-4325852
Plan number
001

Questions about the Boston Market Corporation 401(k)

Is the Boston Market Corporation 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 Boston Market Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $125,441, 10% of all contributions.

Does the Boston Market Corporation 401(k) have automatic enrollment?

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

How many people are in the Boston Market Corporation 401(k) plan?

2,661 participants at the start of plan year 2021, 2,133 of them active employees, and 134 former employees who still had money in the plan.

What is the average 401(k) balance at Boston Market Corporation?

About $48,435 per account: $18.3 million in plan assets across 377 accounts with a balance at the end of plan year 2021.

Who manages the Boston Market Corporation 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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