Crenlo 401(k) Plan (terminated 2023): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2023, when $45.7 million was transferred out of the plan. Assets moved to the RISK STRATEGIES POOLED EMPLOYER PLAN FOR PRIVATE EQUITY PORTFOLIO CO'S (sponsored by PLAN COMPLIANCE SERVICES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Crenlo 401(k) Plan Facts (plan year 2023)

Plan name
CRENLO RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CRENLO CAB PRODUCTS
Participants
1,631
Former employees with a balance
0
Employer contributions
$965,240 in plan year 2023 (29% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2023 – Jun 20, 2023
Plan established
Sep 28, 2011
✓ 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 2023 (Jan 1, 2023 – Jun 20, 2023), filed Oct 7, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $3.35 million went into the plan in contributions, $965,240 of it from the employer (29%).
  • $9.85 million was paid out to participants.
  • Investment and other income added $5.46 million.

How the Crenlo 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018735$34.9 million$503,517$4.10 million
2019827$46.3 million$626,726$7.92 million
2020890$53.7 million$897,498$8.85 million
20211,410$59.6 million$1.06 million$8.91 million
20221,561$46.8 million$2.16 million$9.77 million
2023 (final)1,631$0$965,240$9.85 million

Crenlo 401(k) Contact Information

Phone
507-287-3089
Mailing address
1600 4TH AVENUE NW, ROCHESTER MN 55901
Plan sponsor
CRENLO CAB PRODUCTS
Employer identification number (EIN)
45-3183160
Plan number
001

Questions about the Crenlo 401(k)

Is the Crenlo 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the RISK STRATEGIES POOLED EMPLOYER PLAN FOR PRIVATE EQUITY PORTFOLIO CO'S.

Does Crenlo contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $965,240, 29% of all contributions.

Does the Crenlo 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Crenlo 401(k) plan?

1,631 participants at the start of plan year 2023.

Who manages the Crenlo 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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