Fay Servicing Llc 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2021. 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.
Fay Servicing Llc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Fay Servicing Llc 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 12, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $4.09 million went into the plan in contributions, $258,256 of it from the employer (6%).
- $1.65 million was paid out to participants.
- Investment and other income added $1.78 million.
- Administrative expenses were $18,063, about $20 per account.
How the Fay Servicing Llc 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 527 | $3.64 million | $191,152 | $374,978 |
| 2017 | 751 | $6.25 million | $261,021 | $284,542 |
| 2018 | 934 | $7.83 million | $301,629 | $527,645 |
| 2019 | 1,061 | $10.9 million | $265,616 | $1.32 million |
| 2020 | 916 | $12.8 million | $129,482 | $2.34 million |
| 2021 | 914 | $17.0 million | $258,256 | $1.65 million |
Fay Servicing Llc 401(k) Contact Information
Questions about the Fay Servicing Llc 401(k)
Is the Fay Servicing Llc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.
Does Fay Servicing Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $258,256, 6% of all contributions.
Does the Fay Servicing Llc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Fay Servicing Llc 401(k) plan?
914 participants at the start of plan year 2021, 748 of them active employees, and 203 former employees who still had money in the plan.
What is the average 401(k) balance at Fay Servicing Llc?
About $18,774 per account: $17.0 million in plan assets across 904 accounts with a balance at the end of plan year 2021.
Who manages the Fay Servicing Llc 401(k) accounts?
ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.