Fenix Parts, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

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.

Fenix Parts, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
FENIX PARTS, INC. 401(K) RETIREMENT SAVINGS PLAN 401(K)
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FENIX PARTS, INC.
Participants
656 (309 active employees)
Former employees with a balance
597
Plan assets
$29,583,321 at Dec 31, 2021
Average account balance
$31,338 across 944 accounts
Employer contributions
$985,983 in plan year 2021 (34% of all contributions)
Recordkeeper
Great-west Life & Annuity Ins. Co.
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 2016
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 14, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $2.88 million went into the plan in contributions, $985,983 of it from the employer (34%).
  • $1.80 million was paid out to participants.
  • Investment and other income added $3.97 million.
  • Administrative expenses were $106,074, about $112 per account.

How the Fenix Parts, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016494$22.0 million$626,620$1.96 million
2017567$26.3 million$683,991$1.87 million
2018744$25.5 million$1.13 million$2.08 million
2019719$27.1 million$752,302$6.15 million
2020719$24.7 million$750,030$8.06 million
2021656$29.6 million$985,983$1.80 million

Fenix Parts, Inc. 401(k) Contact Information

Phone
708-407-7209
Mailing address
860 AIRPORT FWY #400, HURST TX 76054
Plan sponsor
FENIX PARTS, INC.
Employer identification number (EIN)
46-4421625
Plan number
001

Questions about the Fenix Parts, Inc. 401(k)

Is the Fenix Parts, Inc 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 Fenix Parts, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $985,983, 34% of all contributions.

Does the Fenix Parts, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Fenix Parts, Inc 401(k) plan?

656 participants at the start of plan year 2021, 309 of them active employees, and 597 former employees who still had money in the plan.

What is the average 401(k) balance at Fenix Parts, Inc?

About $31,338 per account: $29.6 million in plan assets across 944 accounts with a balance at the end of plan year 2021.

Who manages the Fenix Parts, Inc 401(k) accounts?

Empower (listed on the filing as GREAT-WEST LIFE & ANNUITY INS. CO.) is the plan's recordkeeper, which is where participants log in to see their balance.

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