Favorite Healthcare Staffing, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $18.6 million was transferred out of the plan. Assets moved to the KOMPASS KAPITAL MANAGEMENT LLC 401(K) PROFIT SHARING PLAN & TRUST (sponsored by KOMPASS KAPITAL MANAGEMENT LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Favorite Healthcare Staffing, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Favorite Healthcare Staffing, Inc. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 13, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $2.24 million went into the plan in contributions, $722,497 of it from the employer (32%).
- $1.07 million was paid out to participants.
- Investment and other income added $2.74 million.
How the Favorite Healthcare Staffing, Inc. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 2,438 | $11.8 million | $101,729 | $1.45 million |
| 2016 | 2,674 | $12.3 million | $218,559 | $1.08 million |
| 2017 | 1,840 | $14.7 million | $219,155 | $847,434 |
| 2018 | 2,866 | $12.4 million | $310,781 | $1.35 million |
| 2019 | 1,196 | $14.8 million | $371,434 | $1.54 million |
| 2020 (final) | 1,021 | $0 | $722,497 | $1.07 million |
Favorite Healthcare Staffing, Inc. 401(k) Contact Information
Questions about the Favorite Healthcare Staffing, Inc. 401(k)
Is the Favorite Healthcare Staffing, 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 KOMPASS KAPITAL MANAGEMENT LLC 401(K) PROFIT SHARING PLAN & TRUST.
Does Favorite Healthcare Staffing, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $722,497, 32% of all contributions.
Does the Favorite Healthcare Staffing, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Favorite Healthcare Staffing, Inc 401(k) plan?
1,021 participants at the start of plan year 2020.
Who manages the Favorite Healthcare Staffing, Inc 401(k) accounts?
Empower (listed on the filing as MASSACHUSETTS MUTUAL LIFE INS CO.) is the plan's recordkeeper, which is where participants log in to see their balance.