Broan-nutone Llc 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.

Broan-nutone Llc 401(k) Plan Facts (plan year 2020)

Plan name
NORTEK 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BROAN-NUTONE LLC
Participants
5,368 (3,714 active employees)
Former employees with a balance
1,459
Plan assets
$336,973,735 at Dec 31, 2020
Average account balance
$70,497 across 4,780 accounts
Employer contributions
$6,559,583 in plan year 2020 (25% of all contributions)
Recordkeeper
Schwab Retirement Plan Services Inc
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1993
✓ 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 14, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $26.4 million went into the plan in contributions, $6.56 million of it from the employer (25%).
  • $43.8 million was paid out to participants.
  • Investment and other income added $45.5 million.
  • Administrative expenses were $428,276, about $90 per account.

How the Broan-nutone Llc 401(k) changed, 2016–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20165,478$282.3 million$6.83 million$35.1 million
20175,639———
20185,595$271.5 million$5.75 million$43.4 million
20195,339$309.4 million$5.64 million$41.7 million
20205,368$337.0 million$6.56 million$43.8 million

Broan-nutone Llc 401(k) Contact Information

Phone
401-751-1600
Mailing address
926 W. STATE STREET, HARTFORD WI 53027
Plan sponsor
BROAN-NUTONE LLC
Employer identification number (EIN)
05-0504397
Plan number
010

Questions about the Broan-nutone Llc 401(k)

Is the Broan-nutone Llc 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 Broan-nutone Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $6.56 million, 25% of all contributions.

Does the Broan-nutone Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Broan-nutone Llc 401(k) plan?

5,368 participants at the start of plan year 2020, 3,714 of them active employees, and 1,459 former employees who still had money in the plan.

What is the average 401(k) balance at Broan-nutone Llc?

About $70,497 per account: $337.0 million in plan assets across 4,780 accounts with a balance at the end of plan year 2020.

Who manages the Broan-nutone Llc 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES INC) is the plan's recordkeeper, which is where participants log in to see their balance.

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