Hoya Optical Labs Of America, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $27.8 million was transferred out of the plan. Assets moved to the HOYA SHARED SAVINGS PLAN (sponsored by HOYA HOLDINGS, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the HOYA SHARED SAVINGS PLAN →

Hoya Optical Labs Of America, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
VISION-EASE LENS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HOYA OPTICAL LABS OF AMERICA, INC.
Participants
402
Former employees with a balance
0
Employer contributions
$68,330 in plan year 2020 (47% of all contributions)
Plan year
Jan 1, 2020 – May 31, 2020
Plan established
Nov 1, 2004
✓ 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 – May 31, 2020), filed Dec 21, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $145,099 went into the plan in contributions, $68,330 of it from the employer (47%).
  • Investment and other income added $1,960.

How the Hoya Optical Labs Of America, Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015423$23.7 million$867,818$2.29 million
2016420$26.0 million$875,325$2.89 million
2017418$30.2 million$863,140$2.70 million
2018424$26.4 million$733,273$4.75 million
2019402$27.6 million$587,016$5.17 million
2020 (final)402$0$68,330$0

Hoya Optical Labs Of America, Inc. 401(k) Contact Information

Phone
763-506-9005
Mailing address
7000 SUNWOOD DRIVE, RAMSEY MN 55303
Plan sponsor
HOYA OPTICAL LABS OF AMERICA, INC.
Employer identification number (EIN)
61-1472360
Plan number
001

Questions about the Hoya Optical Labs Of America, Inc. 401(k)

Is the Hoya Optical Labs Of America, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the HOYA SHARED SAVINGS PLAN.

Does Hoya Optical Labs Of America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $68,330, 47% of all contributions.

Does the Hoya Optical Labs Of America, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hoya Optical Labs Of America, Inc 401(k) plan?

402 participants at the start of plan year 2020.

Who manages the Hoya Optical Labs Of America, Inc 401(k) accounts?

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

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