Foss Maritime Company 401(k) Plan (terminated 2017): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2017, when $174.7 million was transferred out of the plan. Assets moved to the SALTCHUK COMPANIES 401(K) PLAN (sponsored by SALTCHUK RESOURCES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the SALTCHUK COMPANIES 401(K) PLAN →Foss Maritime Company 401(k) Login
Retirement plan providers can change. This information is from the plan's 2017 filing.
Foss Maritime Company 401(k) Plan Facts (plan year 2017)
Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Oct 31, 2017), filed Aug 15, 2018. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2017
- $11.0 million went into the plan in contributions, $4.14 million of it from the employer (38%).
- $26.1 million was paid out to participants.
- Investment and other income added $20.4 million.
How the Foss Maritime Company 401(k) changed, 2014–2017
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2014 | 924 | $151.3 million | $4.83 million | $9.87 million |
| 2015 | 992 | $154.8 million | $5.09 million | $9.86 million |
| 2016 | 1,025 | $169.5 million | $5.76 million | $9.61 million |
| 2017 (final) | 1,082 | $3.55 million | $4.14 million | $26.1 million |
Foss Maritime Company 401(k) Contact Information
Questions about the Foss Maritime Company 401(k)
Is the Foss Maritime Company 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2017. Its assets were transferred to the SALTCHUK COMPANIES 401(K) PLAN.
Does Foss Maritime Company contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $4.14 million, 38% of all contributions.
Does the Foss Maritime Company 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Foss Maritime Company 401(k) plan?
1,082 participants at the start of plan year 2017.
Who manages the Foss Maritime Company 401(k) accounts?
Vanguard is the plan's recordkeeper, which is where participants log in to see their balance.