Iconectiv, Llc 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.

Iconectiv, Llc 401(k) Plan Facts (plan year 2019)

Plan name
ICONECTIV 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
ICONECTIV, LLC
Participants
636 (419 active employees)
Former employees with a balance
216
Plan assets
$183,837,911 at Dec 31, 2019
Average account balance
$286,352 across 642 accounts
Employer contributions
$4,094,406 in plan year 2019 (26% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jan 1, 2013
— 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 1, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $15.8 million went into the plan in contributions, $4.09 million of it from the employer (26%).
  • $10.6 million was paid out to participants.
  • Investment and other income added $30.6 million.
  • Administrative expenses were $38,914, about $61 per account.

How the Iconectiv, Llc 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014229$90.7 million$1.13 million$2.84 million
2015286$94.6 million$1.92 million$3.25 million
2016468$114.1 million$3.02 million$1.15 million
2017586$144.7 million$4.12 million$9.64 million
2018586$148.1 million$4.85 million$11.1 million
2019636$183.8 million$4.09 million$10.6 million

Iconectiv, Llc 401(k) Contact Information

Phone
732-699-7753
Mailing address
100 SOMERSET CORPORATE BOULEVARD, BRIDGEWATER NJ 08807
Plan sponsor
ICONECTIV, LLC
Employer identification number (EIN)
22-2478398
Plan number
001

Questions about the Iconectiv, Llc 401(k)

Is the Iconectiv, 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 Iconectiv, Llc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $4.09 million in employer contributions for plan year 2019.

Does the Iconectiv, Llc 401(k) have automatic enrollment?

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

How many people are in the Iconectiv, Llc 401(k) plan?

636 participants at the start of plan year 2019, 419 of them active employees, and 216 former employees who still had money in the plan.

What is the average 401(k) balance at Iconectiv, Llc?

About $286,352 per account: $183.8 million in plan assets across 642 accounts with a balance at the end of plan year 2019.

Who manages the Iconectiv, Llc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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