Costas Provisions Corporation 401(k) Plan (terminated 2023): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2023, when $12.5 million was transferred out of the plan. Assets moved to the TWELVE POINTS POOLED EMPLOYER PLAN (sponsored by NEWPORT GROUP, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Costas Provisions Corporation 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Costas Provisions Corporation 401(k) Plan Facts (plan year 2023)
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $460,825 went into the plan in contributions, $143,370 of it from the employer (31%).
- $648,282 was paid out to participants.
- Investment and other income added $985,533.
How the Costas Provisions Corporation 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 174 | $8.19 million | $431,311 | $507,227 |
| 2019 | 195 | $9.76 million | $460,237 | $373,551 |
| 2020 | 203 | $11.0 million | $499,269 | $115,932 |
| 2021 | 201 | $12.1 million | $545,315 | $593,150 |
| 2022 | 207 | $11.7 million | $570,527 | $39,252 |
| 2023 (final) | 212 | $0 | $143,370 | $648,282 |
Costas Provisions Corporation 401(k) Contact Information
Questions about the Costas Provisions Corporation 401(k)
Is the Costas Provisions Corporation 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the TWELVE POINTS POOLED EMPLOYER PLAN.
Does Costas Provisions Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $143,370, 31% of all contributions.
Does the Costas Provisions Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Costas Provisions Corporation 401(k) plan?
212 participants at the start of plan year 2023.
Who manages the Costas Provisions Corporation 401(k) accounts?
PCS Retirement (listed on the filing as PCS RETIREMENT, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.