Bp Aerospace 401(k) Plan: Login, Facts & Contact Information
Bp Aerospace 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Bp Aerospace 401(k) Plan Facts
Source: Form 5500-SF for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Sep 4, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $589,361 went into the plan in contributions, $123,614 of it from the employer (21%).
- $152,722 was paid out to participants.
- Investment and other income added $260,422.
How the Bp Aerospace 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 89 | $708,284 | $50,337 | $94,913 |
| 2019 | 123 | $1.11 million | $72,765 | $76,681 |
| 2020 | 159 | $1.40 million | $64,601 | $307,283 |
| 2021 | 134 | $1.42 million | $80,360 | $486,808 |
| 2022 | 159 | $1.22 million | $96,482 | $289,929 |
| 2023 | 176 | $1.87 million | $123,614 | $152,722 |
Bp Aerospace 401(k) Contact Information
Questions about the Bp Aerospace 401(k)
Does Bp Aerospace contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $123,614, 21% of all contributions.
Does the Bp Aerospace 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Bp Aerospace 401(k) plan?
176 participants at the start of plan year 2023, 219 of them active employees.
What is the average 401(k) balance at Bp Aerospace?
About $28,712 per account: $1.87 million in plan assets across 65 accounts with a balance at the end of plan year 2023.
Who manages the Bp Aerospace 401(k) accounts?
ADP Retirement Services is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Bp Aerospace. How do I access my 401(k)?
Your account stays with ADP Retirement Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.