Hampel Oil Distributors, Inc. 401(k) Plan: Login, Facts & Contact Information
Hampel Oil Distributors, Inc. 401(k) Login
27 former Hampel Oil Distributors, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Hampel Oil Distributors, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 10, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $1.87 million went into the plan in contributions, $360,921 of it from the employer (19%).
- $504,731 was paid out to participants.
- Administrative expenses were $28,022, about $111 per account.
How the Hampel Oil Distributors, Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 209 | $9.64 million | $24,976 | $127,446 |
| 2018 | 220 | $9.35 million | $84,511 | $541,890 |
| 2019 | 238 | $11.8 million | $385,771 | $748,680 |
| 2020 | 251 | $12.2 million | $394,028 | $1.99 million |
| 2021 | 272 | $13.4 million | $0 | $1.33 million |
| 2022 | 237 | $12.6 million | $360,921 | $504,731 |
Hampel Oil Distributors, Inc. 401(k) Contact Information
Questions about the Hampel Oil Distributors, Inc. 401(k)
Does Hampel Oil Distributors, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $360,921, 19% of all contributions.
Does the Hampel Oil Distributors, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Hampel Oil Distributors, Inc 401(k) plan?
237 participants at the start of plan year 2022, 220 of them active employees, and 27 former employees who still had money in the plan.
What is the average 401(k) balance at Hampel Oil Distributors, Inc?
About $49,664 per account: $12.6 million in plan assets across 253 accounts with a balance at the end of plan year 2022.
Who manages the Hampel Oil Distributors, Inc 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Hampel Oil Distributors, Inc. How do I access my 401(k)?
Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.