Drummac, Inc 401(k) Plan (terminated 2015): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2015, when $312,830 was transferred out of the plan. Assets moved to the MORAN ENVIRONMENTAL RECOVERY 401(K) PLAN (sponsored by MORAN ENVIRONMENTAL RECOVERY, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the MORAN ENVIRONMENTAL RECOVERY 401(K) PLAN

Drummac, Inc 401(k) Plan Facts (plan year 2015)

Plan name
DRUMMAC, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DRUMMAC, INC
Participants
188
Former employees with a balance
0
Employer contributions
$15,690 in plan year 2015 (30% of all contributions)
Plan year
Jan 1, 2015 – Dec 1, 2015
Plan established
Oct 1, 2007
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 2015 (Jan 1, 2015 – Dec 1, 2015), filed Oct 12, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $52,457 went into the plan in contributions, $15,690 of it from the employer (30%).
  • $102,878 was paid out to participants.
  • Investment and other income added $1,601.

How the Drummac, Inc 401(k) changed, 20102015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010157$183,599$10,586
2011164$202,179$16,291
2012167$249,315$27,415
2013199$328,061$18,264$49,950
2014204$372,391$22,679$84,113
2015 (final)188$0$15,690$102,878

Drummac, Inc 401(k) Contact Information

Phone
904-241-4999
Mailing address
75 D YORK AVENUE, RANDOLPH MA 02368
Plan sponsor
DRUMMAC, INC
Employer identification number (EIN)
59-3323863
Plan number
001

Questions about the Drummac, Inc 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2015. Its assets were transferred to the MORAN ENVIRONMENTAL RECOVERY 401(K) PLAN.

Does Drummac, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $15,690, 30% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

188 participants at the start of plan year 2015.

Who manages the Drummac, Inc 401(k) accounts?

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

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