Drummond Communications, Llc 401(k) Plan (terminated 2023): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2023, when $8.40 million was transferred out of the plan. Assets moved to the INTELLI(K) POOLED EMPLOYER PLAN (sponsored by STANDARD RETIREMENT SERVICES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Drummond Communications, Llc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Drummond Communications, Llc 401(k) Plan Facts (plan year 2023)
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Oct 31, 2023), filed Jul 31, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $1.36 million went into the plan in contributions, $383,411 of it from the employer (28%).
- $737,355 was paid out to participants.
- Investment and other income added $570,353.
How the Drummond Communications, Llc 401(k) changed, 2019–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 326 | $5.51 million | $135,509 | $92,055 |
| 2020 | 267 | $6.21 million | $171,543 | $573,230 |
| 2021 | 239 | $7.43 million | $244,498 | $496,091 |
| 2022 | 234 | $7.28 million | $345,473 | $299,624 |
| 2023 (final) | 389 | $0 | $383,411 | $737,355 |
Drummond Communications, Llc 401(k) Contact Information
Questions about the Drummond Communications, Llc 401(k)
Is the Drummond Communications, Llc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the INTELLI(K) POOLED EMPLOYER PLAN.
Does Drummond Communications, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $383,411, 28% of all contributions.
Does the Drummond Communications, Llc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Drummond Communications, Llc 401(k) plan?
389 participants at the start of plan year 2023.
Who manages the Drummond Communications, Llc 401(k) accounts?
Empower is the plan's recordkeeper, which is where participants log in to see their balance.