Ceratizit Chicago Inc. 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.

Ceratizit Chicago Inc. 401(k) Plan Facts (plan year 2020)

Plan name
CERATIZIT CHICAGO INC. 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CERATIZIT CHICAGO INC.
Participants
148 (147 active employees)
Former employees with a balance
51
Plan assets
$20,324,574 at Dec 31, 2020
Average account balance
$106,971 across 190 accounts
Employer contributions
$202,092 in plan year 2020 (31% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jul 1, 1987
✓ 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 11, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $663,154 went into the plan in contributions, $202,092 of it from the employer (31%).
  • $1.34 million was paid out to participants.
  • Investment and other income added $1.62 million.
  • Administrative expenses were $45,238, about $238 per account.

How the Ceratizit Chicago Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015187$10.4 million$257,447$1.53 million
2016183$9.72 million$197$1.82 million
2017164$10.8 million—$731,950
2018158$9.09 million—$1.63 million
2019150$10.9 million$230,212$723,400
2020148$20.3 million$202,092$1.34 million

Ceratizit Chicago Inc. 401(k) Contact Information

Phone
847-923-8400
Mailing address
2050 MITCHELL BLVD., SCHAUMBURG IL 601934544
Plan sponsor
CERATIZIT CHICAGO INC.
Employer identification number (EIN)
36-3195586
Plan number
001

Questions about the Ceratizit Chicago Inc. 401(k)

Is the Ceratizit Chicago Inc 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 Ceratizit Chicago Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $202,092, 31% of all contributions.

Does the Ceratizit Chicago Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Ceratizit Chicago Inc 401(k) plan?

148 participants at the start of plan year 2020, 147 of them active employees, and 51 former employees who still had money in the plan.

What is the average 401(k) balance at Ceratizit Chicago Inc?

About $106,971 per account: $20.3 million in plan assets across 190 accounts with a balance at the end of plan year 2020.

Who manages the Ceratizit Chicago Inc 401(k) accounts?

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

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