Imclone Systems Llc 401(k) Plan (terminated 2013): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2013, when $69.8 million was transferred out of the plan. Assets moved to the THE LILLY EMPLOYEE 401(K) PLAN (sponsored by ELI LILLY AND COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the THE LILLY EMPLOYEE 401(K) PLAN →

Imclone Systems Llc 401(k) Plan Facts (plan year 2013)

Plan name
IMCLONE 401(K) EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
IMCLONE SYSTEMS LLC
Participants
1,244
Former employees with a balance
0
Employer contributions
$136,032 in plan year 2013 (100% of all contributions)
Plan year
Jan 1, 2013 – Nov 29, 2013
Plan established
Jun 1, 1989
✓ 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 2013 (Jan 1, 2013 – Nov 29, 2013), filed Aug 4, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $136,734 went into the plan in contributions, $136,032 of it from the employer (100%).
  • $5.35 million was paid out to participants.
  • Investment and other income added $11.7 million.

How the Imclone Systems Llc 401(k) changed, 2009–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20091,401$54.8 million$5.42 million$3.81 million
20101,622$71.6 million$6.02 million$7.10 million
20111,414$61.2 million—$9.01 million
20121,264$63.4 million$0$5.01 million
2013 (final)1,244$0$136,032$5.35 million

Imclone Systems Llc 401(k) Contact Information

Phone
646-638-5068
Mailing address
440 ROUTE 22 EAST, BRIDGEWATER NJ 088072477
Plan sponsor
IMCLONE SYSTEMS LLC
Employer identification number (EIN)
26-3831943
Plan number
001

Questions about the Imclone Systems Llc 401(k)

Is the Imclone Systems Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2013. Its assets were transferred to the THE LILLY EMPLOYEE 401(K) PLAN.

Does Imclone Systems Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $136,032, 100% of all contributions.

Does the Imclone Systems Llc 401(k) have automatic enrollment?

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

How many people are in the Imclone Systems Llc 401(k) plan?

1,244 participants at the start of plan year 2013.

Who manages the Imclone Systems Llc 401(k) accounts?

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

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