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

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. 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.

Exelco, Inc. 401(k) Plan Facts (plan year 2018)

Plan name
EXELCO INC 401(K) PROFIT SHARING PLAN & TRUST
Plan type
401(k) and profit sharing
Plan sponsor
EXELCO, INC.
Participants
703 (365 active employees)
Former employees with a balance
220
Plan assets
$110,273 at Dec 31, 2018
Average account balance
$349 across 316 accounts
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Jan 1, 2004
— 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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 15, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $3,061 went into the plan in contributions.
  • $813,041 was paid out to participants.
  • Investment and other income added $20,948.
  • Administrative expenses were $6,876, about $22 per account.

How the Exelco, Inc. 401(k) changed, 2012–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2012432$814,626$0$28,962
2013409$716,105$0$293,744
2014414$791,060$0$51,958
2016435$846,471$0$16,916
2017453$929,563$0$35,200
2018703$110,273$0$813,041

Exelco, Inc. 401(k) Contact Information

Phone
956-722-8921
Mailing address
5201 TESORO PLAZA, LAREDO TX 78041
Plan sponsor
EXELCO, INC.
Employer identification number (EIN)
75-1662274
Plan number
001

Questions about the Exelco, Inc. 401(k)

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

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Exelco, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500.

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

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

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

703 participants at the start of plan year 2018, 365 of them active employees, and 220 former employees who still had money in the plan.

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

About $349 per account: $110,273 in plan assets across 316 accounts with a balance at the end of plan year 2018.

Who manages the Exelco, Inc 401(k) accounts?

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

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