Facility Concession Services 401(k) Plan: Login, Facts & Contact Information

Facility Concession Services 401(k) Plan Facts

Plan name
SPECTRUM 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FACILITY CONCESSION SERVICES, LL
Participants
418 (193 active employees)
Former employees with a balance
112
Plan assets
$8,335,202 at Dec 31, 2023
Average account balance
$53,090 across 157 accounts
Employer contributions
$268,590 in plan year 2023 (33% of all contributions)
Recordkeeper
Merrill Lynch Pierce Fenner & Smith
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 2008
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $804,152 went into the plan in contributions, $268,590 of it from the employer (33%).
  • $751,230 was paid out to participants.
  • Investment and other income added $1.23 million.
  • Administrative expenses were $23,608, about $150 per account.

How the Facility Concession Services 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018339$4.89 million$184,152$53,312
2019271$6.39 million$260,111$556,932
2020275$6.96 million$59,757$660,846
2021132$7.85 million$81,731$607,381
2022277$7.07 million$216,894$83,771
2023418$8.34 million$268,590$751,230

Facility Concession Services 401(k) Contact Information

Phone
713-897-8260
Mailing address
27328 SPECTRUM WAY, OAK RIDGE NORTH TX 77385
Plan sponsor
FACILITY CONCESSION SERVICES, LL
Employer identification number (EIN)
76-0314914
Plan number
001

Questions about the Facility Concession Services 401(k)

Does Facility Concession Services contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $268,590, 33% of all contributions.

Does the Facility Concession Services 401(k) have automatic enrollment?

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

How many people are in the Facility Concession Services 401(k) plan?

418 participants at the start of plan year 2023, 193 of them active employees, and 112 former employees who still had money in the plan.

What is the average 401(k) balance at Facility Concession Services?

About $53,090 per account: $8.34 million in plan assets across 157 accounts with a balance at the end of plan year 2023.

Who manages the Facility Concession Services 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH PIERCE FENNER & SMITH) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Facility Concession Services. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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