Faneuil Inc. 401(k) Plan: Login, Facts & Contact Information
Faneuil Inc. 401(k) Login
357 former Faneuil Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Faneuil Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Sep 1, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $1.93 million went into the plan in contributions, $695,932 of it from the employer (36%).
- $1.93 million was paid out to participants.
- Administrative expenses were $46,800, about $87 per account.
How the Faneuil Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 12,204 | $1.89 million | $20,090 | $132,606 |
| 2018 | 3,896 | $2.17 million | $103,748 | $90,600 |
| 2019 | 4,772 | $3.05 million | $176,446 | $421,919 |
| 2020 | 4,135 | $4.12 million | $226,229 | $330,041 |
| 2021 | 6,016 | $6.21 million | $775,695 | $556,807 |
| 2022 | 5,159 | $5.06 million | $695,932 | $1.93 million |
Faneuil Inc. 401(k) Contact Information
Questions about the Faneuil Inc. 401(k)
Does Faneuil Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $695,932, 36% of all contributions.
Does the Faneuil Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Faneuil Inc 401(k) plan?
5,159 participants at the start of plan year 2022, 1,550 of them active employees, and 357 former employees who still had money in the plan.
What is the average 401(k) balance at Faneuil Inc?
About $9,379 per account: $5.06 million in plan assets across 539 accounts with a balance at the end of plan year 2022.
Who manages the Faneuil Inc 401(k) accounts?
The Standard (listed on the filing as MINNESOTA LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Faneuil Inc. How do I access my 401(k)?
Your account stays with The Standard 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.