Fives North American Combustion, Inc. 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019, when $54.4 million was transferred out of the plan. Assets moved to the FIVES RETIREMENT SAVINGS PLAN (sponsored by FIVES INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the FIVES RETIREMENT SAVINGS PLAN →

Fives North American Combustion, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
THE FIVES NORTH AMERICAN COMBUSTION, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FIVES NORTH AMERICAN COMBUSTION, INC.
Participants
368
Former employees with a balance
0
Employer contributions
$1,046,880 in plan year 2019 (38% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Aug 11, 2002
✓ 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 2019 (Jan 1, 2019 – Dec 31, 2019), filed Sep 13, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $2.74 million went into the plan in contributions, $1.05 million of it from the employer (38%).
  • $4.65 million was paid out to participants.
  • Investment and other income added $8.29 million.

How the Fives North American Combustion, Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014404$53.7 million$1.18 million$2.86 million
2015396$51.2 million$1.14 million$5.79 million
2016386$51.5 million$981,364$5.39 million
2017354$54.2 million$935,865$5.97 million
2018360$48.1 million$982,293$6.72 million
2019 (final)368$0$1.05 million$4.65 million

Fives North American Combustion, Inc. 401(k) Contact Information

Phone
216-271-6000
Mailing address
4455 EAST 71ST STREET, CLEVELAND OH 44105
Plan sponsor
FIVES NORTH AMERICAN COMBUSTION, INC.
Employer identification number (EIN)
26-3050289
Plan number
002

Questions about the Fives North American Combustion, Inc. 401(k)

Is the Fives North American Combustion, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019. Its assets were transferred to the FIVES RETIREMENT SAVINGS PLAN.

Does Fives North American Combustion, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $1.05 million, 38% of all contributions.

Does the Fives North American Combustion, Inc 401(k) have automatic enrollment?

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

How many people are in the Fives North American Combustion, Inc 401(k) plan?

368 participants at the start of plan year 2019.

Who manages the Fives North American Combustion, Inc 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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