Hughes Network Systems, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2012. 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.

Hughes Network Systems, Llc 401(k) Plan Facts (plan year 2012)

Plan name
HUGHES NETWORK SYSTEMS, LLC 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
HUGHES NETWORK SYSTEMS, LLC
Participants
1,700 (1,412 active employees)
Former employees with a balance
218
Plan assets
$169,234,195 at Dec 31, 2012
Average account balance
$111,192 across 1,522 accounts
Employer contributions
$7,301,719 in plan year 2012 (33% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Apr 23, 2005
✓ 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 2012 (Jan 1, 2012 – Dec 31, 2012), filed Jul 15, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $22.2 million went into the plan in contributions, $7.30 million of it from the employer (33%).
  • $5.65 million was paid out to participants.
  • Investment and other income added $18.0 million.

How the Hughes Network Systems, Llc 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20091,665$90.3 million$6.58 million$1.98 million
20101,640$122.3 million$6.76 million$5.31 million
20111,685$134.6 million$6.75 million$5.70 million
20121,700$169.2 million$7.30 million$5.65 million

Hughes Network Systems, Llc 401(k) Contact Information

Phone
301-428-7163
Mailing address
11717 EXPLORATION LANE, GERMANTOWN MD 20876
Plan sponsor
HUGHES NETWORK SYSTEMS, LLC
Employer identification number (EIN)
11-3735091
Plan number
001

Questions about the Hughes Network Systems, Llc 401(k)

Is the Hughes Network Systems, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2012, and no later filing was found under this employer's EIN.

Does Hughes Network Systems, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $7.30 million, 33% of all contributions.

Does the Hughes Network Systems, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Hughes Network Systems, Llc 401(k) plan?

1,700 participants at the start of plan year 2012, 1,412 of them active employees, and 218 former employees who still had money in the plan.

What is the average 401(k) balance at Hughes Network Systems, Llc?

About $111,192 per account: $169.2 million in plan assets across 1,522 accounts with a balance at the end of plan year 2012.

Who manages the Hughes Network Systems, Llc 401(k) accounts?

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

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