Follett Corporation 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2020. 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.
Follett Corporation 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Follett Corporation 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 11, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $23.7 million went into the plan in contributions, $7.15 million of it from the employer (30%).
- $80.0 million was paid out to participants.
- Investment and other income added $80.7 million.
- Administrative expenses were $391,767, about $57 per account.
How the Follett Corporation 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 23,692 | $386.3 million | $10.7 million | $44.4 million |
| 2016 | 23,657 | $394.6 million | $7.28 million | $41.4 million |
| 2017 | 20,004 | $528.6 million | $3.46 million | $40.4 million |
| 2018 | 21,541 | $475.5 million | $5.86 million | $50.1 million |
| 2019 | 20,582 | $549.6 million | $5.29 million | $54.9 million |
| 2020 | 20,079 | $573.3 million | $7.15 million | $80.0 million |
Follett Corporation 401(k) Contact Information
Questions about the Follett Corporation 401(k)
Is the Follett Corporation 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.
Does Follett Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $7.15 million, 30% of all contributions.
Does the Follett Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Follett Corporation 401(k) plan?
20,079 participants at the start of plan year 2020, 9,407 of them active employees, and 2,334 former employees who still had money in the plan.
What is the average 401(k) balance at Follett Corporation?
About $83,581 per account: $573.3 million in plan assets across 6,859 accounts with a balance at the end of plan year 2020.
Who manages the Follett Corporation 401(k) accounts?
T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.