Frank Motors, Inc. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2021. 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.
Frank Motors, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Frank Motors, Inc. 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Aug 9, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $475,635 went into the plan in contributions.
- $617,132 was paid out to participants.
- Investment and other income added $1.23 million.
- Administrative expenses were $58,972, about $418 per account.
How the Frank Motors, Inc. 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 321 | $7.83 million | $0 | $423,089 |
| 2017 | 333 | $7.52 million | $0 | $1.60 million |
| 2018 | 364 | $6.77 million | $0 | $560,311 |
| 2019 | 346 | $8.12 million | $0 | $310,795 |
| 2020 | 359 | $9.22 million | — | $338,465 |
| 2021 | 374 | $10.2 million | — | $617,132 |
Frank Motors, Inc. 401(k) Contact Information
Questions about the Frank Motors, Inc. 401(k)
Is the Frank Motors, Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.
Does Frank Motors, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement.
Does the Frank Motors, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Frank Motors, Inc 401(k) plan?
374 participants at the start of plan year 2021, 328 of them active employees, and 30 former employees who still had money in the plan.
What is the average 401(k) balance at Frank Motors, Inc?
About $72,430 per account: $10.2 million in plan assets across 141 accounts with a balance at the end of plan year 2021.
Who manages the Frank Motors, Inc 401(k) accounts?
Transamerica (listed on the filing as TRANSAMERICA LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.