Fanello Industries, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $1.55 million was transferred out of the plan. Assets moved to the RYERSON SAVINGS PLAN (sponsored by JOSEPH T. RYERSON & SON, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the RYERSON SAVINGS PLAN →

Fanello Industries, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
FANELLO INDUSTRIES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FANELLO INDUSTRIES, INC.
Participants
169
Former employees with a balance
0
Plan year
Jan 1, 2020 – May 31, 2020
Plan established
Jan 1, 2000
✓ 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 – May 31, 2020), filed Feb 12, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $147,212 was paid out to participants.

How the Fanello Industries, Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015145$885,839$61,077$32,238
2016153$1.25 million$106,703$36,484
2017169$1.61 million$85,325$71,107
2018184$1.67 million$91,348$77,303
2019150$1.90 million$91,203$314,392
2020 (final)169$0—$147,212

Fanello Industries, Inc. 401(k) Contact Information

Phone
706-356-5359
Mailing address
50 EAST MAIN STREET, LAVONIA GA 30553
Plan sponsor
FANELLO INDUSTRIES, INC.
Employer identification number (EIN)
58-2328557
Plan number
001

Questions about the Fanello Industries, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the RYERSON SAVINGS PLAN.

Does Fanello Industries, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

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

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

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

169 participants at the start of plan year 2020.

Who manages the Fanello Industries, Inc 401(k) accounts?

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

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