Fundation Group, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

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.

Fundation Group, Llc 401(k) Plan Facts (plan year 2020)

Plan name
FUNDATION GROUP, LLC 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LINEAR FINANCIAL TECHNOLOGIES LLC
Participants
216 (203 active employees)
Former employees with a balance
24
Plan assets
$6,205,005 at Dec 31, 2020
Average account balance
$37,380 across 166 accounts
Employer contributions
$427,258 in plan year 2020 (23% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Oct 1, 2016
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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Nov 3, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.84 million went into the plan in contributions, $427,258 of it from the employer (23%).
  • $682,720 was paid out to participants.
  • Investment and other income added $809,476.
  • Administrative expenses were $34,012, about $205 per account.

How the Fundation Group, Llc 401(k) changed, 20162020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201656$257,987$0$0
201762$1.36 million$0$34,883
2018103$2.24 million$252,778$211,346
2019128$4.27 million$359,115$287,477
2020216$6.21 million$427,258$682,720

Fundation Group, Llc 401(k) Contact Information

Phone
571-765-2384
Mailing address
11501 SUNSET HILLS ROAD SUITE 100, RESTON VA 201906700
Plan sponsor
LINEAR FINANCIAL TECHNOLOGIES LLC
Employer identification number (EIN)
38-3919405
Plan number
001

Questions about the Fundation Group, Llc 401(k)

Is the Fundation Group, Llc 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 Fundation Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $427,258, 23% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

216 participants at the start of plan year 2020, 203 of them active employees, and 24 former employees who still had money in the plan.

What is the average 401(k) balance at Fundation Group, Llc?

About $37,380 per account: $6.21 million in plan assets across 166 accounts with a balance at the end of plan year 2020.

Who manages the Fundation Group, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

Related Companies
Headquarter: 10133 SHERRILL BLVD, SUITE 200, KNOXVILLE, TN, 37932
Headquarter: 22 CORTLANDT ST SUITE 802, NEW YORK, NY, 100073160
Headquarter: 600 MOUNTAIN AVENUE, ROOM 6D-401A, MURRAY HILL, NJ, 07974
Headquarter: 175 GREENWICH STREET THREE WORLD TRADE CENTER FL. 60-64, NEW YORK, NY, 10007
Headquarter: 200 WOOD AVENUE SOUTH SUITE 200, ISELIN, NJ, 08830