Brokerage Concepts Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2021, when $16.0 million was transferred out of the plan. Assets moved to the HEALTHNOW NEW YORK INC. ELECTIVE 401(K) PLAN (sponsored by HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the HEALTHNOW NEW YORK INC. ELECTIVE 401(K) PLAN →Brokerage Concepts Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Brokerage Concepts Inc. 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 10, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $966,241 went into the plan in contributions, $171,548 of it from the employer (18%).
- $874,521 was paid out to participants.
- Investment and other income added $1.88 million.
How the Brokerage Concepts Inc. 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 176 | $8.97 million | $149,484 | $1.05 million |
| 2017 | 181 | $10.8 million | $156,646 | $223,640 |
| 2018 | 178 | $10.1 million | $229,319 | $1.05 million |
| 2019 | 177 | $12.9 million | $249,141 | $454,601 |
| 2020 | 182 | $14.1 million | $159,795 | $1.12 million |
| 2021 (final) | 176 | $0 | $171,548 | $874,521 |
Brokerage Concepts Inc. 401(k) Contact Information
Questions about the Brokerage Concepts Inc. 401(k)
Is the Brokerage Concepts Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the HEALTHNOW NEW YORK INC. ELECTIVE 401(K) PLAN.
Does Brokerage Concepts Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $171,548, 18% of all contributions.
Does the Brokerage Concepts Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Brokerage Concepts Inc 401(k) plan?
176 participants at the start of plan year 2021.
Who manages the Brokerage Concepts Inc 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.