Duro Textiles, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2014. 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.

Duro Textiles, Llc 401(k) Plan Facts (plan year 2014)

Plan name
DURO TEXTILES EMPLOYEES SAVINGS PLAN
Plan type
401(k) and profit sharing
Plan sponsor
DURO TEXTILES, LLC
Participants
101 (63 active employees)
Former employees with a balance
22
Plan assets
$7,105,576 at Dec 31, 2014
Average account balance
$86,653 across 82 accounts
Employer contributions
$46,498 in plan year 2014 (13% of all contributions)
Plan year
Jan 1, 2014 – Dec 31, 2014
Plan established
Feb 1, 2003
— 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 2014 (Jan 1, 2014 – Dec 31, 2014), filed Oct 14, 2015. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2014

  • $363,922 went into the plan in contributions, $46,498 of it from the employer (13%).
  • $3.07 million was paid out to participants.
  • Investment and other income added $306,816.
  • Administrative expenses were $3,285, about $40 per account.

How the Duro Textiles, Llc 401(k) changed, 2009–2014

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009109$5.91 million$202,532$721,597
2010104$7.22 million$207,167$194,723
2011101$7.50 million$220,819$253,938
2012105$8.37 million$206,276$397,137
2013100$9.51 million$192,028$512,669
2014101$7.11 million$46,498$3.07 million

Duro Textiles, Llc 401(k) Contact Information

Phone
508-689-1633
Mailing address
110 CHACE STREET P.O. BOX A, FALL RIVER MA 02724
Plan sponsor
DURO TEXTILES, LLC
Employer identification number (EIN)
33-1025573
Plan number
001

Questions about the Duro Textiles, Llc 401(k)

Is the Duro Textiles, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2014, and no later filing was found under this employer's EIN.

Does Duro Textiles, Llc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $46,498 in employer contributions for plan year 2014.

Does the Duro Textiles, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Duro Textiles, Llc 401(k) plan?

101 participants at the start of plan year 2014, 63 of them active employees, and 22 former employees who still had money in the plan.

What is the average 401(k) balance at Duro Textiles, Llc?

About $86,653 per account: $7.11 million in plan assets across 82 accounts with a balance at the end of plan year 2014.

Who manages the Duro Textiles, Llc 401(k) accounts?

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

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