Employers Innovative Network, Llc 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $30.7 million was transferred out of the plan. Assets moved to the HEALTHNET AEROMEDICAL SERVICES 401(K) PLAN (sponsored by HEALTHNET AEROMEDICAL SERVICES INC DBA HEALTHNET AEROMEDICAL SERVICES). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Employers Innovative Network, Llc 401(k) Plan Facts (plan year 2021)

Plan name
EMPLOYER'S INNOVATIVE NETWORK, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
EMPLOYERS INNOVATIVE NETWORK, LLC
Participants
1,550
Former employees with a balance
0
Employer contributions
$755,102 in plan year 2021 (36% of all contributions)
Recordkeeper
Transamerica Financial Life Insuran
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Sep 1, 2005
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 17, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $2.12 million went into the plan in contributions, $755,102 of it from the employer (36%).
  • $4.82 million was paid out to participants.
  • Investment and other income added $2.10 million.

How the Employers Innovative Network, Llc 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20161,521$12.6 million$902,638$1.38 million
20171,088$17.4 million$975,946$586,613
20181,437$18.9 million$1.06 million$1.22 million
20191,187$24.6 million$1.12 million$2.06 million
20201,432$31.4 million$1.23 million$2.35 million
2021 (final)1,550$0$755,102$4.82 million

Employers Innovative Network, Llc 401(k) Contact Information

Phone
304-204-8700
Mailing address
135 CORPORATE CENTRE DRIVE, SCOTT DEPOT WV 25560
Plan sponsor
EMPLOYERS INNOVATIVE NETWORK, LLC
Employer identification number (EIN)
20-3091916
Plan number
001

Questions about the Employers Innovative Network, Llc 401(k)

Is the Employers Innovative Network, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the HEALTHNET AEROMEDICAL SERVICES 401(K) PLAN.

Does Employers Innovative Network, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $755,102, 36% of all contributions.

Does the Employers Innovative Network, Llc 401(k) have automatic enrollment?

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

How many people are in the Employers Innovative Network, Llc 401(k) plan?

1,550 participants at the start of plan year 2021.

Who manages the Employers Innovative Network, Llc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA FINANCIAL LIFE INSURAN) is the plan's recordkeeper, which is where participants log in to see their balance.

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