Huffy Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

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.

Huffy Corporation 401(k) Plan Facts (plan year 2019)

Plan name
HUFFY CORPORATION SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HUFFY CORPORATION
Participants
182 (161 active employees)
Former employees with a balance
44
Plan assets
$18,346,059 at Dec 31, 2019
Average account balance
$18,346,059 across 1 accounts
Employer contributions
$277,661 in plan year 2019 (20% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jan 1, 1986
✓ 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 2019 (Jan 1, 2019 – Dec 31, 2019), filed Sep 17, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $1.36 million went into the plan in contributions, $277,661 of it from the employer (20%).
  • $2.36 million was paid out to participants.
  • Investment and other income added $3.62 million.
  • Administrative expenses were $9,399, about $9,399 per account.

How the Huffy Corporation 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014149$13.5 million$266,513$1.51 million
2015162$13.9 million$295,960$874,612
2016168$14.4 million$225,794$1.37 million
2017154$16.0 million$272,273$1.76 million
2018163$15.7 million$279,829$640,310
2019182$18.3 million$277,661$2.36 million

Huffy Corporation 401(k) Contact Information

Phone
937-865-2870
Mailing address
8877 GANDER CREEK DRIVE, MIANISBURG OH 453425432
Plan sponsor
HUFFY CORPORATION
Employer identification number (EIN)
31-0326270
Plan number
010

Questions about the Huffy Corporation 401(k)

Is the Huffy Corporation 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 Huffy Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $277,661, 20% of all contributions.

Does the Huffy Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Huffy Corporation 401(k) plan?

182 participants at the start of plan year 2019, 161 of them active employees, and 44 former employees who still had money in the plan.

What is the average 401(k) balance at Huffy Corporation?

About $18,346,059 per account: $18.3 million in plan assets across 1 accounts with a balance at the end of plan year 2019.

Who manages the Huffy Corporation 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.

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