Geotek, Llc Dba Geotek 401(k) Plan (terminated 2016): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2016, when $4.35 million was transferred out of the plan. Assets moved to the GRANITE RETIREMENT SAVINGS PLAN (sponsored by GRANITE EQUITY PARTNERS). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the GRANITE RETIREMENT SAVINGS PLAN →

Geotek, Llc Dba Geotek 401(k) Plan Facts (plan year 2016)

Plan name
GEOTEK 401(K) AND PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GEOTEK, LLC DBA GEOTEK
Participants
143
Former employees with a balance
0
Employer contributions
$201,963 in plan year 2016 (20% of all contributions)
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Jul 1, 1989
✓ 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 2016 (Jan 1, 2016 – Dec 31, 2016), filed Aug 25, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $1.04 million went into the plan in contributions, $201,963 of it from the employer (20%).
  • $164,677 was paid out to participants.
  • Investment and other income added $283,940.

How the Geotek, Llc Dba Geotek 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201154$1.17 million$86,054$38,212
201262$1.69 million$104,401$35,798
201380$2.39 million$127,462$65,586
2014112$2.73 million$130,190$303,435
2015112$3.20 million$187,222$105,543
2016 (final)143$0$201,963$164,677

Geotek, Llc Dba Geotek 401(k) Contact Information

Phone
507-533-6076
Mailing address
1421 2ND AVE NW, STEWARTVILLE MN 559761615
Plan sponsor
GEOTEK, LLC DBA GEOTEK
Employer identification number (EIN)
26-3933154
Plan number
001

Questions about the Geotek, Llc Dba Geotek 401(k)

Is the Geotek, Llc Dba Geotek 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2016. Its assets were transferred to the GRANITE RETIREMENT SAVINGS PLAN.

Does Geotek, Llc Dba Geotek contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $201,963, 20% of all contributions.

Does the Geotek, Llc Dba Geotek 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Geotek, Llc Dba Geotek 401(k) plan?

143 participants at the start of plan year 2016.

Who manages the Geotek, Llc Dba Geotek 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

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