Enterasys Networks, Inc. 401(k) Plan (terminated 2010): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2010, when $60.3 million was transferred out of the plan. Assets moved to the THE GORES GROUP, LLC - 401K PLAN (sponsored by THE GORES GROUP, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the THE GORES GROUP, LLC - 401K PLAN →

Enterasys Networks, Inc. 401(k) Plan Facts (plan year 2010)

Plan name
ENTERASYS NETWORKS, INC. 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ENTERASYS NETWORKS, INC.
Participants
1,247
Former employees with a balance
0
Employer contributions
$184,881 in plan year 2010 (6% of all contributions)
Plan year
Jan 1, 2010 – Aug 31, 2010
Plan established
May 1, 1992
✓ 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 2010 (Jan 1, 2010 – Aug 31, 2010), filed Jun 3, 2011. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2010

  • $2.94 million went into the plan in contributions, $184,881 of it from the employer (6%).
  • $5.95 million was paid out to participants.

How the Enterasys Networks, Inc. 401(k) changed, 2009–2010

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20091,471$64.9 million$369,266$3.22 million
2010 (final)1,247$0$184,881$5.95 million

Enterasys Networks, Inc. 401(k) Contact Information

Phone
978-684-1019
Mailing address
50 MINUTEMAN ROAD, ANDOVER MA 018101008
Plan sponsor
ENTERASYS NETWORKS, INC.
Employer identification number (EIN)
04-2797263
Plan number
001

Questions about the Enterasys Networks, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2010. Its assets were transferred to the THE GORES GROUP, LLC - 401K PLAN.

Does Enterasys Networks, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2010 the employer contributed $184,881, 6% of all contributions.

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

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

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

1,247 participants at the start of plan year 2010.

Who manages the Enterasys Networks, Inc 401(k) accounts?

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

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