Central Network Retail Group, Llc 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019, when $15.6 million was transferred out of the plan. Assets moved to the ORGILL, INC. 401(K) PLAN (sponsored by ORGILL, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the ORGILL, INC. 401(K) PLAN →

Central Network Retail Group, Llc 401(k) Plan Facts (plan year 2019)

Plan name
CNRG 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CENTRAL NETWORK RETAIL GROUP, LLC
Participants
1,462
Former employees with a balance
0
Employer contributions
$355,138 in plan year 2019 (27% of all contributions)
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2019 – Jun 30, 2019
Plan established
Jan 1, 2006
✓ 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 2019 (Jan 1, 2019 – Jun 30, 2019), filed Jun 23, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $1.31 million went into the plan in contributions, $355,138 of it from the employer (27%).
  • $1.11 million was paid out to participants.
  • Investment and other income added $1.89 million.

How the Central Network Retail Group, Llc 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014431$1.84 million$149,752$181,422
2015901$2.53 million$240,313$116,164
20161,040$7.89 million$571,148$881,768
20171,100$14.1 million$700,330$1.26 million
20181,188$13.6 million$730,917$2.06 million
2019 (final)1,462$0$355,138$1.11 million

Central Network Retail Group, Llc 401(k) Contact Information

Phone
989-751-0859
Mailing address
4100 SOUTH HOUSTON LEVEE ROAD, COLLIERVILLE TN 38017
Plan sponsor
CENTRAL NETWORK RETAIL GROUP, LLC
Employer identification number (EIN)
45-1795792
Plan number
001

Questions about the Central Network Retail Group, Llc 401(k)

Is the Central Network Retail Group, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019. Its assets were transferred to the ORGILL, INC. 401(K) PLAN.

Does Central Network Retail Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $355,138, 27% of all contributions.

Does the Central Network Retail Group, Llc 401(k) have automatic enrollment?

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

How many people are in the Central Network Retail Group, Llc 401(k) plan?

1,462 participants at the start of plan year 2019.

Who manages the Central Network Retail Group, Llc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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