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

Fortna Inc. 401(k) Plan Facts

Plan name
FORTNA, INC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FORTNA INC.
Participants
540 (475 active employees)
Former employees with a balance
150
Plan assets
$44,038,743 at Dec 31, 2022
Average account balance
$84,204 across 523 accounts
Employer contributions
$1,269,307 in plan year 2022 (17% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1995
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 16, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $7.67 million went into the plan in contributions, $1.27 million of it from the employer (17%).
  • $7.54 million was paid out to participants.
  • Administrative expenses were $18,008, about $34 per account.

How the Fortna Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017449$36.0 million$654,260$3.11 million
2018389$32.4 million$485,289$4.56 million
2019368$40.7 million$510,879$2.50 million
2020381$46.9 million$555,708$3.58 million
2021412$51.6 million$681,720$7.32 million
2022540$44.0 million$1.27 million$7.54 million

Fortna Inc. 401(k) Contact Information

Phone
610-370-8091
Mailing address
333 BUTTONWOOD STREET, W. READING PA 19611
Plan sponsor
FORTNA INC.
Employer identification number (EIN)
23-2289371
Plan number
001

Questions about the Fortna Inc. 401(k)

Does Fortna Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $1.27 million, 17% of all contributions.

Does the Fortna Inc 401(k) have automatic enrollment?

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

How many people are in the Fortna Inc 401(k) plan?

540 participants at the start of plan year 2022, 475 of them active employees, and 150 former employees who still had money in the plan.

What is the average 401(k) balance at Fortna Inc?

About $84,204 per account: $44.0 million in plan assets across 523 accounts with a balance at the end of plan year 2022.

Who manages the Fortna Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Fortna Inc. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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