Follett, Llc 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019, when $10.8 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Follett, Llc 401(k) Plan Facts (plan year 2019)

Plan name
FOLLETT CORPORATION UNION EMPLOYEES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FOLLETT, LLC
Participants
240
Former employees with a balance
0
Employer contributions
$72,204 in plan year 2019 (17% of all contributions)
Recordkeeper
Kt Administrators, Llc
Plan year
Jan 1, 2019 – Aug 31, 2019
Plan established
Jan 1, 2015
✓ 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 – Aug 31, 2019), filed May 29, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $423,422 went into the plan in contributions, $72,204 of it from the employer (17%).
  • $1.21 million was paid out to participants.
  • Investment and other income added $1.48 million.

How the Follett, Llc 401(k) changed, 2015–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015141$8.91 million$97,829$355,800
2016230$9.85 million$102,469$488,226
2017282$11.1 million$104,260$1.23 million
2018236$10.1 million$107,541$1.07 million
2019 (final)240$0$72,204$1.21 million

Follett, Llc 401(k) Contact Information

Phone
610-252-7301
Mailing address
801 CHURCH LANE, EASTON PA 18040
Plan sponsor
FOLLETT, LLC
Employer identification number (EIN)
22-1635318
Plan number
005

Questions about the Follett, Llc 401(k)

Is the Follett, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019.

Does Follett, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $72,204, 17% of all contributions.

Does the Follett, Llc 401(k) have automatic enrollment?

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

How many people are in the Follett, Llc 401(k) plan?

240 participants at the start of plan year 2019.

Who manages the Follett, Llc 401(k) accounts?

KT ADMINISTRATORS, LLC is the plan's recordkeeper, which is where participants log in to see their balance.

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