Buchheit News Management, Inc. 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Buchheit News Management, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
BUCHHEIT NEWS MANAGEMENT, INC. PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BUCHHEIT NEWS MANAGEMENT, INC.
Participants
66
Plan year
Jan 1, 2019 – Nov 30, 2019
Plan established
Apr 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-SF for plan year 2019 (Jan 1, 2019 – Nov 30, 2019), filed Sep 30, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $6.65 million was paid out to participants.

How the Buchheit News Management, Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014128$6.07 million—$131,825
2015109$5.96 million—$194,513
201698$6.27 million—$225,189
201798$6.58 million$0$840,489
201882$6.08 million$0$271,421
2019 (final)66$0—$6.65 million

Buchheit News Management, Inc. 401(k) Contact Information

Phone
864-573-8706
Mailing address
P. O. BOX 5211 364 SOUTH PINE STREET, SUITE B230, SPARTANBURG SC 29302
Plan sponsor
BUCHHEIT NEWS MANAGEMENT, INC.
Employer identification number (EIN)
57-0972047
Plan number
001

Questions about the Buchheit News Management, Inc. 401(k)

Is the Buchheit News Management, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019.

Does Buchheit News Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Buchheit News Management, Inc 401(k) have automatic enrollment?

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

How many people are in the Buchheit News Management, Inc 401(k) plan?

66 participants at the start of plan year 2019.

Who manages the Buchheit News Management, Inc 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

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