Charles Machine Works 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2019. 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.
Charles Machine Works 401(k) Login
Retirement plan providers can change. This information is from the plan's 2019 filing.
Charles Machine Works 401(k) Plan Facts (plan year 2019)
Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2019
- $8.42 million went into the plan in contributions, $1.29 million of it from the employer (15%).
- $29.7 million was paid out to participants.
- Investment and other income added $25.2 million.
How the Charles Machine Works 401(k) changed, 2014–2019
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2014 | 1,539 | $102.5 million | $3.01 million | $5.89 million |
| 2015 | 2,063 | $104.8 million | $3.31 million | $5.52 million |
| 2016 | 2,352 | $113.5 million | $3.26 million | $6.72 million |
| 2017 | 2,356 | $135.2 million | $2.39 million | $7.15 million |
| 2018 | 2,199 | $125.2 million | $2.41 million | $7.49 million |
| 2019 | 2,290 | $0 | $1.29 million | $29.7 million |
Charles Machine Works 401(k) Contact Information
Questions about the Charles Machine Works 401(k)
Is the Charles Machine Works 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.
Does Charles Machine Works contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $1.29 million, 15% of all contributions.
Does the Charles Machine Works 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Charles Machine Works 401(k) plan?
2,290 participants at the start of plan year 2019, and 160 former employees who still had money in the plan.
Who manages the Charles Machine Works 401(k) accounts?
Empower (listed on the filing as MASSACHUSETTS MUTUAL LIFE INS. CO.) is the plan's recordkeeper, which is where participants log in to see their balance.