Enerco Group, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. 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.

Enerco Group, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
ENERCO GROUP, INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ENERCO GROUP, INC.
Participants
188 (171 active employees)
Former employees with a balance
34
Plan assets
$12,349,514 at Dec 31, 2020
Average account balance
$69,379 across 178 accounts
Employer contributions
$335,479 in plan year 2020 (23% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1989
✓ 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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 12, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.44 million went into the plan in contributions, $335,479 of it from the employer (23%).
  • $1.28 million was paid out to participants.
  • Investment and other income added $2.24 million.
  • Administrative expenses were $4,324, about $24 per account.

How the Enerco Group, Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015132$7.64 million$337,318$448,480
2016140$6.02 million$327,590$2.56 million
2017152$7.97 million$552,369$267,810
2018204$8.00 million$383,060$452,943
2019195$9.96 million$415,024$1.22 million
2020188$12.3 million$335,479$1.28 million

Enerco Group, Inc. 401(k) Contact Information

Phone
216-916-3000
Mailing address
4560 W. 160TH STREET, CLEVELAND OH 44135
Plan sponsor
ENERCO GROUP, INC.
Employer identification number (EIN)
34-1885480
Plan number
001

Questions about the Enerco Group, Inc. 401(k)

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

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Enerco Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $335,479, 23% of all contributions.

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

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

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

188 participants at the start of plan year 2020, 171 of them active employees, and 34 former employees who still had money in the plan.

What is the average 401(k) balance at Enerco Group, Inc?

About $69,379 per account: $12.3 million in plan assets across 178 accounts with a balance at the end of plan year 2020.

Who manages the Enerco Group, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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