Glenoit Llc 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2019. 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.
Glenoit Llc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2019 filing.
Glenoit Llc 401(k) Plan Facts (plan year 2019)
Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2019
- $1.20 million went into the plan in contributions, $193,560 of it from the employer (16%).
- $1.81 million was paid out to participants.
- Investment and other income added $1.32 million.
- Administrative expenses were $16,859, about $137 per account.
How the Glenoit Llc 401(k) changed, 2014–2019
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2014 | 240 | $8.45 million | $380,355 | $1.51 million |
| 2015 | 236 | $8.17 million | $318,186 | $1.21 million |
| 2016 | 224 | $7.89 million | $279,984 | $1.68 million |
| 2017 | 173 | $9.04 million | $128,930 | $512,489 |
| 2018 | 178 | $7.35 million | $133,248 | $1.79 million |
| 2019 | 171 | $8.04 million | $193,560 | $1.81 million |
Glenoit Llc 401(k) Contact Information
Questions about the Glenoit Llc 401(k)
Is the Glenoit Llc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.
Does Glenoit Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $193,560, 16% of all contributions.
Does the Glenoit Llc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Glenoit Llc 401(k) plan?
171 participants at the start of plan year 2019, 87 of them active employees, and 57 former employees who still had money in the plan.
What is the average 401(k) balance at Glenoit Llc?
About $65,374 per account: $8.04 million in plan assets across 123 accounts with a balance at the end of plan year 2019.
Who manages the Glenoit Llc 401(k) accounts?
Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SVCS.) is the plan's recordkeeper, which is where participants log in to see their balance.