Independent Electric Supply, Inc. 401(k) Plan (terminated 2016): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2016, when $53.5 million was transferred out of the plan. Assets moved to the SONEPAR USA 401 (K) PLAN (sponsored by SONEPAR MANAGEMENT US, INC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the SONEPAR USA 401 (K) PLAN →

Independent Electric Supply, Inc. 401(k) Plan Facts (plan year 2016)

Plan name
INDEPENDENT ELECTRIC SUPPLY, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
INDEPENDENT ELECTRIC SUPPLY, INC.
Participants
984
Former employees with a balance
0
Employer contributions
$631,254 in plan year 2016 (39% of all contributions)
Plan year
Jan 1, 2016 – Aug 31, 2016
Plan established
Feb 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 2016 (Jan 1, 2016 – Aug 31, 2016), filed Jun 15, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $1.63 million went into the plan in contributions, $631,254 of it from the employer (39%).
  • $5.90 million was paid out to participants.
  • Investment and other income added $3.51 million.

How the Independent Electric Supply, Inc. 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2011570$10.9 million$349,973$1.08 million
2012584$75.5 million$331,332$956,891
2013716$75.7 million$365,080$21.9 million
2014831$64.0 million$306,453$19.5 million
2015980$54.3 million$308,598$10.7 million
2016 (final)984$0$631,254$5.90 million

Independent Electric Supply, Inc. 401(k) Contact Information

Phone
510-877-9821
Mailing address
2001 MARINA BOULEVARD, SAN LEANDRO CA 94577
Plan sponsor
INDEPENDENT ELECTRIC SUPPLY, INC.
Employer identification number (EIN)
94-2209880
Plan number
001

Questions about the Independent Electric Supply, Inc. 401(k)

Is the Independent Electric Supply, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2016. Its assets were transferred to the SONEPAR USA 401 (K) PLAN.

Does Independent Electric Supply, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $631,254, 39% of all contributions.

Does the Independent Electric Supply, Inc 401(k) have automatic enrollment?

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

How many people are in the Independent Electric Supply, Inc 401(k) plan?

984 participants at the start of plan year 2016.

Who manages the Independent Electric Supply, Inc 401(k) accounts?

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

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