Credit Plus, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2016. 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.

Credit Plus, Inc. 401(k) Plan Facts (plan year 2016)

Plan name
CREDIT PLUS, INC. PROFIT SHARING AND 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CREDIT PLUS, INC.
Participants
255 (236 active employees)
Former employees with a balance
13
Plan assets
$7,484,497 at Dec 31, 2016
Average account balance
$38,982 across 192 accounts
Employer contributions
$478,757 in plan year 2016 (36% of all contributions)
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Jan 1, 1992
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 2016 (Jan 1, 2016 – Dec 31, 2016), filed Oct 16, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $1.32 million went into the plan in contributions, $478,757 of it from the employer (36%).
  • $141,050 was paid out to participants.
  • Investment and other income added $537,307.
  • Administrative expenses were $41,393, about $216 per account.

How the Credit Plus, Inc. 401(k) changed, 20102016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201073$1.84 million$103,545$296,868
201180$2.05 million$107,517$5,724
2012122$2.71 million$183,372$49,389
2013165$3.69 million$204,622$90,748
2014181$4.68 million$314,083$98,637
2016255$7.48 million$478,757$141,050

Credit Plus, Inc. 401(k) Contact Information

Phone
410-742-9551
Mailing address
31550 WINTERPLACE PARKWAY, SALISBURY MD 21804
Plan sponsor
CREDIT PLUS, INC.
Employer identification number (EIN)
52-1139207
Plan number
001

Questions about the Credit Plus, Inc. 401(k)

Is the Credit Plus, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.

Does Credit Plus, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $478,757, 36% of all contributions.

Does the Credit Plus, Inc 401(k) have automatic enrollment?

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

How many people are in the Credit Plus, Inc 401(k) plan?

255 participants at the start of plan year 2016, 236 of them active employees, and 13 former employees who still had money in the plan.

What is the average 401(k) balance at Credit Plus, Inc?

About $38,982 per account: $7.48 million in plan assets across 192 accounts with a balance at the end of plan year 2016.

Who manages the Credit Plus, Inc 401(k) accounts?

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

Related Companies
Headquarter: 6801 S. CIMARRON RD, LAS VEGAS, NV, 89113
Headquarter: 11 MADISON AVENUE, FLOOR 8, NEW YORK, NY, 10010
Headquarter: 942 SOUTH SHADY GROVE ROAD, MEMPHIS, TN, 38120
Headquarter: 1900 PRAIRIE CITY RD M/S FM3-05, FOLSOM, CA, 956309501
Headquarter: ONE APPLE PARK WAY MS 41-4BEN, CUPERTINO, CA, 95014